NOT LISTED FOR SALE

294 Ridge Rd Middletown, CT 06457

Estimated Value: $391,037 - $463,000

7 Beds
2 Baths
3,536 Sq Ft
$123/Sq Ft Est. Value

Last Sold August 30, 2022

Last sale price $375,000 $106 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,193/month

34 Days on Market

Highlights

  • Partially Wooded Lot
  • Enclosed patio or porch
  • Floor Furnace
  • Attic
  • Property is near shops
  • Heating System Uses Steam

About This Home

As of August 2022

Fantastic two family home with so much money making potential on an incredible lot that is over an acre. Set back off the road this home has two side by side units, one offers 3 bedrooms and one has 4. Each unit has hardwood floors throughout, one offers loads of closet space and the other has a walk in pantry. Both units have walk up attics and laundry in the lower levels. Enclosed front and back porches. This is an estate property so all information is not available however one furnace appears to be fairly new and the other looks like it has a newer circulator, there are gas fired hot water heaters as well. Over an acre of land that once upon a time was magical, there were areas for fun, play and gardens that could feed the neighborhood ...now slightly overgrown, it can all come back to life if you so desire. This property is being sold as is, what you see is what you get and what you get is over 35oo square feet of amazing rentable space. This can be the perfect house for an owner occupant because it can be a wonderful home for you and yours and have an income producing apartment right next door. Both units are month to month and one considerably below market rental price. Schedule your showing today!

Last Listed By

Michelle Pirruccio

William Raveis Real Estate License #RES.0781513 Listed on: 06/09/2022

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,270

Year Built

  • Built in 1900

Lot Details

  • 1.3 Acre Lot
  • Level Lot
  • Partially Wooded Lot

Parking

  • Private Driveway

Home Design

  • Side-by-Side
  • Concrete Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • 3,536 Sq Ft Home
  • Concrete Flooring

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Full Bathrooms

Attic

  • Attic Floors
  • Storage In Attic
  • Walkup Attic

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Enclosed patio or porch
  • Rain Gutters

Location

  • Property is near shops

Schools

  • Farm Hill Elementary School
  • Middletown High School

Utilities

  • Floor Furnace
  • Heating System Uses Steam
  • Heating System Uses Oil
  • Gas Available at Street
  • Fuel Tank Located in Basement

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,270

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 3536
  • Public Record Living Room Sq Ft: 3536
  • Total Sq Ft: 3536
  • Year Built: 1900
  • Nearby Amenities: Basketball Court, Health Club, Lake, Library, Medical Facilities, Playground/Tot Lot, Shopping/Mall
  • Remarks Public Addendum: Agent related
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 7756
  • Tax Year Updated Dt: 07/18/2022
  • Directions: GPS friendly
  • Special Features: None

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Walk-up, Floored, Storage Space
  • Basement Description: Full With Walk-Out, Unfinished, Concrete Floor
  • Laundry Room Location: lower level
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: Yes
  • Street Number Modifier: 294

Exterior Features

  • Exterior Features: Gutters, Porch, Porch-Enclosed, Sidewalk
  • Exterior Siding: Aluminum
  • Foundation Type: Concrete, Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Driveway
  • Driveway Type: Private, Paved

Utilities

  • Heat Type: Steam
  • Heat Fuel Type: Gas In Street, Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Farm Hill
  • Middle School: Per Board of Ed
  • High School: Middletown
  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 1.3000
  • Lot Description: Level Lot, Lightly Wooded
  • Flood Zone: No
  • Zoning: RPZ

Multi Family

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

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 7270
  • Total Assessed Value: 176210
  • Mil Rate Base: 35.700
  • Mil Rate Tax District: 5.555
  • Mil Rate Total: 41.255
  • Assessor Parcel Number: 1012280

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2011
Sold by
Pirruccio Raffe
Bought by
Gillies Concettina G
Total Days on Market
34
Current Estimated Value
$435,009

Purchase Details

Closed on
Sep 16, 1998
Sold by
Pirruccio Salvatore
Bought by
Gillies Concettina G and Pirruccio Raffe

Range of Values:

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Average Value
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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
Gillies Concettina G -- --
Gillies Concettina G $40,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cole Lona R $368,207
Previous Owner Gillies Concettina G $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2022 08/30/22 Sold $375,000 -5.1% $106 / Sq Ft
07/13/2022 07/13/22 Pending -- -- --
06/09/2022 06/09/22 For Sale $395,000 -- $112 / 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 $9,094 $256,800 $76,940 $179,860
2023 $8,631 $256,800 $76,940 $179,860
2022 $7,270 $176,210 $48,590 $127,620
2021 $7,237 $176,210 $48,590 $127,620
2020 $7,225 $176,210 $48,590 $127,620
2019 $7,260 $176,210 $48,590 $127,620
2018 $7,010 $176,210 $48,590 $127,620
2017 $7,171 $185,380 $63,430 $121,950
2016 $7,027 $185,380 $63,430 $121,950
2015 $6,872 $185,380 $63,430 $121,950
2014 $6,865 $185,380 $63,430 $121,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170497856

SmartMLS

APN: MTWN-000036-000000-000173