$375,000
SOLD MAY 13, 2025

28 Bacon Ave Middletown, CT 06457

5 Beds
2 Baths
2,414 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$155 Per Sq Ft

11% Above List Price

23 Days on Market

Highlights

  • Attic
  • Hot Water Heating System
  • 1-minute walk to Willie Pep Skateboard Park
  • Hot Water Circulator
  • Level Lot

About This Home

As of May 2025

Great investment or owner/occupant completely renovated two family in Middletown. New roof, mechanicals, hot water tanks fueled by natural gas, new kitchens and baths, appliances. Newer windows and off street parking. Located in the heart of Middletown capturing all of the cultural, educational and social diversity one can offer. A short walk to Main St which offers a mecca of cultural cuisine, Wesleyan University, and walks along the Ct. River. This two family property is a very attractive rental to the university and hospital community because of it's proximity to both and town center. 1st floor is a spacious 2 bedroom I bath, 2nd floor is a spacious 3 bedroom 1 bath unit. Both units have laundry hookups off the kitchen area. The units are the same except for the 3rd bedroom in the upper unit. Rent market for 2 and 3 bedroom apts close to the university and Middlesex Hospital is very aggressively priced making for very good ROI. All punch list items including new gutters and appliances will be completed prior to closing. Come see it, love it, buy it!! ****** MULTIPLE OFFERS***** SELLER IS ASKING ALL OFFERS BE SUBMITTED ON SUNDAY APRIL 6TH NLT 5 P.M. A DECISION WILL BE MADE MONDAY MORNING.

Last Agent to Sell the Property

Frank Balisciano

Coldwell Banker Realty License #RES.0766819 Listed on: 03/31/2025

Coldwell Banker Realty

Last Buyer's Agent

Katrina Pratt

Rainbow Realty License #REB.0657224

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,602

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot

Parking

  • 4 Parking Spaces

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,414 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Rain Gutters

Schools

  • Macdonough Elementary School
  • Middletown High School

Utilities

  • Radiator
  • Hot Water Heating System
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Hot Water Circulator

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 1011087

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,602

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2414
  • Total Sq Ft: 2414
  • Year Built: 1900
  • New Construction: No/Resale
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: GPS friendly
  • Financing Used: FHA
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Attic Description: Access Via Hatch
  • Basement Description: Full, Unfinished, Full With Hatchway
  • Laundry Room Info: All Units Have Hook-Ups, Hook-Up In Unit 1, Hook-Up In Unit 2
  • Attic: Yes

Exterior Features

  • Exterior Features: Sidewalk, Gutters
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Total Parking Spaces: 4
  • Garage And Parking: None, Off Street Parking

Utilities

  • Cooling System: None
  • Heat Type: Gas on Gas, Hot Water, Radiator
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas, 30 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Sewer Assess Description: Quarterly sewer/water usage

Schools

  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.1
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: RPZ
  • Parcel #: 1011087

Multi Family

  • Total Number Of Units: 2

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 5602

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2025
Closed on
May 13, 2025
Sold by
Superior Prop Group Llc
Bought by
Ofei Augustine
Seller's Agent
Frank Balisciano
Coldwell Banker Realty
Buyer's Agent
Katrina Pratt
Rainbow Realty
List Price
$337,500
Sold Price
$375,000
Premium/Discount to List
$37,500
11.11%
Views
97
Current Estimated Value
$354,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,475
Avg. Annual Appreciation
-9.23%
Original Mortgage
$363,298
Outstanding Balance
$361,682
Interest Rate
6.64%
Mortgage Type
FHA
Estimated Equity
-$7,157

Purchase Details

Closed on
Feb 21, 2024
Sold by
Royal Realty Holdings Llc
Bought by
Superior Prop Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.66%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 16, 2024
Sold by
Demaio Joseph S
Bought by
Roal Realty Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.66%
Mortgage Type
Construction

Purchase Details

Closed on
May 2, 1994
Sold by
Montie Grace V and Montie George W
Bought by
Demaio Joseph S and Demaio Joseph C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
7.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
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 Type Sale Price Title Company
Warranty Deed $375,000 None Available
Warranty Deed $375,000 None Available
Warranty Deed $205,000 None Available
Warranty Deed $205,000 None Available
Warranty Deed $87,500 None Available
Executors Deed $87,500 None Available
Warranty Deed $87,500 None Available
Warranty Deed $80,000 --
Warranty Deed $80,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $363,298 FHA
Closed $363,298 Stand Alone Refi Refinance Of Original Loan
Previous Owner $224,000 Construction
Previous Owner $98,748 No Value Available
Previous Owner $64,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2025 05/13/25 Sold $375,000 +11.1% $155 / Sq Ft
04/23/2025 04/23/25 Pending -- -- --
03/31/2025 03/31/25 For Sale $337,500 -- $140 / 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
2025 $7,765 $199,620 $42,320 $157,300
2024 $5,602 $152,240 $42,320 $109,920
2023 $5,344 $152,240 $42,320 $109,920
2022 $4,097 $93,120 $15,420 $77,700
2021 $4,097 $93,120 $15,420 $77,700
2020 $4,116 $93,120 $15,420 $77,700
2019 $4,135 $93,120 $15,420 $77,700
2018 $4,069 $93,120 $15,420 $77,700
2017 $5,163 $121,780 $32,340 $89,440
2016 $5,017 $121,780 $32,340 $89,440
2015 $4,822 $121,780 $32,340 $89,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24084379

SmartMLS

APN: MTWN-000022-000000-000142