263 Pearl St Middletown, CT 06457
Estimated Value: $302,000 - $375,000
6
Beds
2
Baths
2,752
Sq Ft
$122/Sq Ft
Est. Value
Highlights
- Property is near public transit
- No HOA
- Enclosed patio or porch
- Attic
- 2 Car Detached Garage
- 4-minute walk to Willie Pep Skateboard Park
About This Home
As of February 2022This large duplex offers the perfect opportunity for an owner occupant; the seller is purposely leaving the 1st floor vacant to make that a reality! Both floors are quite large at 1,376 sq. ft. and each contains 3 bedrooms, living room, dining room, huge kitchens, full bath and beautiful hardwood floors. Each unit also enjoys an open front porch and enclosed rear porch. The current owners have done most of the work for you including new Navien on demand heat/hot water systems, updated electrical and plumbing, newer windows throughout and updated baths. A large, clean basement has a coin operated washer and dryer and offers storage opportunities for residents and the walk-up attic may offer additional living space. A detached 2 car garage and a level lot with a petite back yard complete this wonderful investment property. 2nd floor tenants pay $1,200 which is under market value and they would like to stay for any new owner. Live on the first floor and let them pay your mortgage! All that downtown Middletown has to offer is within walking distance including shops, restaurants and entertainment. Fast and easy access to Route 9 and Route 3.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,802
Year Built
- Built in 1914
Lot Details
- 5,663 Sq Ft Lot
- Level Lot
Parking
- 2 Car Detached Garage
Home Design
- Stone Foundation
- Frame Construction
- Asphalt Shingled Roof
- Asbestos Siding
- Masonry
Interior Spaces
- 2,752 Sq Ft Home
- Walkup Attic
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Schools
- Macdonough Elementary School
- Keigwin Middle School
- Middletown High School
Utilities
- Hot Water Heating System
- Heating System Uses Natural Gas
- Tankless Water Heater
- Hot Water Circulator
- Oil Water Heater
- Fuel Tank Located in Basement
Additional Features
- Enclosed patio or porch
- Property is near public transit
Community Details
Overview
- No Home Owners Association
- 2 Units
Amenities
- Public Transportation
- Coin Laundry
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 18, 2022
Closed on
Feb 24, 2022
Sold by
Amatos Edward J and Amato Donna B
Bought by
Sagnella Nicholas
Seller's Agent
Juliet Cavanaugh
Cavanaugh & Company LLC
Buyer's Agent
Erik Smith
Coldwell Banker Realty
List Price
$284,900
Sold Price
$284,900
Total Days on Market
3
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,562
Avg. Annual Appreciation
2.71%
Original Mortgage
$270,655
Outstanding Balance
$255,109
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$55,601
Purchase Details
Closed on
Apr 29, 2020
Sold by
Cecchini David G and Daniels Rose C
Bought by
Amato Edward J and Amato Donna B
Purchase Details
Closed on
Jun 21, 1971
Bought by
Cecchini David G
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Middletown, CT
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sagnella Nicholas | $284,900 | None Available | |
| Amato Edward J | $87,000 | None Available | |
| Cecchini David G | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sagnella Nicholas | $270,655 | |
| Previous Owner | Amato Edward J | $65,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/24/2022 02/24/22 | Sold | $284,900 | 0.0% | $104 / Sq Ft |
| 01/21/2022 01/21/22 | Pending | -- | -- | -- |
| 01/18/2022 01/18/22 | For Sale | $284,900 | -- | $104 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $6,564 | $178,370 | $46,130 | $132,240 |
| 2023 | $6,261 | $178,370 | $46,130 | $132,240 |
| 2022 | $4,802 | $109,130 | $16,870 | $92,260 |
| 2021 | $4,802 | $109,130 | $16,870 | $92,260 |
| 2020 | $4,824 | $109,130 | $16,870 | $92,260 |
| 2019 | $4,845 | $109,130 | $16,870 | $92,260 |
| 2018 | $4,769 | $109,130 | $16,870 | $92,260 |
| 2017 | $5,519 | $130,160 | $37,040 | $93,120 |
| 2016 | $5,363 | $130,160 | $37,040 | $93,120 |
| 2015 | $5,154 | $130,160 | $37,040 | $93,120 |
| 2014 | $5,206 | $130,160 | $37,040 | $93,120 |
Source: Public Records
Agents Affiliated with this Home
-
Juliet Cavanaugh
Seller's Agent in 2022
Juliet Cavanaugh
Cavanaugh & Company LLC
(860) 398-0058
79 Total Sales
-
Erik Smith
Buyer's Agent in 2022
Erik Smith
Coldwell Banker Realty
(203) 215-9846
186 Total Sales
Map
Source: SmartMLS
MLS Number: 170462231
APN: MTWN-000022-000000-000056
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