NOT LISTED FOR SALE

263 Pearl St Middletown, CT 06457

Estimated Value: $298,465 - $373,000

6 Beds
2 Baths
2,752 Sq Ft
$121/Sq Ft Est. Value

Last Sold February 24, 2022

Last sale price $284,900 $104 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,381/month

3 Days on Market

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 2022

This 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.

Last Agent to Sell the Property

Juliet Cavanaugh

Cavanaugh & Company LLC License #REB.0789635 Listed on: 01/18/2022

Last Buyer's Agent

Erik Smith

Coldwell Banker Realty License #RES.0799835

Coldwell Banker Realty

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,802

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2752
  • Public Record Living Room Sq Ft: 2752
  • Total Sq Ft: 2752
  • Year Built: 1914
  • Nearby Amenities: Basketball Court, Playground/Tot Lot, Public Transportation
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 4640
  • Directions: Route 66/Washington Street, north of Pearl Street. House will be on left, just over the railroad bridge and just before Spring Street.
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Walk-up
  • Basement Description: Full With Hatchway
  • Laundry Room Location: Basement
  • Laundry Room Info: Coin Op Laundry
  • Attic: Yes
  • Street Number Modifier: 263

Exterior Features

  • Exterior Features: Porch, Porch-Enclosed
  • Exterior Siding: Asbestos
  • Foundation Type: Masonry, Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2

Utilities

  • Heat Type: Hot Water
  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: In Basement
  • Hot Water Description: 30 Gallon Tank, Natural Gas, Oil, Tankless Hotwater
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Macdonough
  • Middle School: Keigwin
  • High School: Middletown
  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.1300
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: RPZ

Multi Family

  • Unit Count: 2
  • Total Multi Family: 12
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 4802
  • Total Assessed Value: 109130
  • Mil Rate Base: 35.700
  • Mil Rate Tax District: 8.300
  • Mil Rate Total: 44.000
  • Assessor Parcel Number: 1005221

MLS Schools

  • Elementary School: Macdonough
  • Middle Jr High School: Keigwin
  • High School: Middletown

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
Current Estimated Value
$332,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,216
Avg. Annual Appreciation
2.59%
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
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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

Source: Public Records

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

    82 Total Sales

    Juliet Cavanaugh
    Section Image
  • Erik Smith

    Buyer's Agent in 2022

    Erik Smith

    Coldwell Banker Realty

    (203) 215-9846

    166 Total Sales

    Erik Smith
    Section Image
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Map

Source: SmartMLS

MLS Number: 170462231

SmartMLS

APN: MTWN-000022-000000-000056

Connecticut Middlesex County Middletown 06457

263 Pearl St, Middletown, CT

This home is located at 263 Pearl St, Middletown, CT 06457 since 18 January 2022 and is currently estimated at $332,116, approximately $120 per square foot. This property was built in 1914. 263 Pearl St is a home located in Middlesex County with nearby schools including Macdonough School, Middletown High School, and St John Paul II School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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