NOT LISTED FOR SALE

31 Tremont St Meriden, CT 06450

Estimated Value: $395,000 - $459,000

9 Beds
3 Baths
4,800 Sq Ft
$89/Sq Ft Est. Value

Last Sold October 23, 2023

Last sale price $360,000 $75 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,873/month

6 Days on Market

Highlights

  • Deck
  • Porch
  • Ceiling Fan
  • Attic
  • Property is near shops
  • Concrete Flooring

About This Home

As of October 2023

This 3-family property is perfect for savvy investors seeking rental income or for owner-occupants looking to offset their mortgage payments. Spacious units each featuring 3 bedrooms. Two apartments are side-by-side with living area on first floor and bedrooms on 2nd floor, while 3rd floor unit is one level. Four bay detached garage with driveway to offer off-street parking. Don't miss out on this opportunity! Multiple offers - deadline Tuesday 9/19 at 7:00.

Last Agent to Sell the Property

Heidi Weed

Lamacchia Realty License #RES.0785924 Listed on: 09/13/2023

Lamacchia Realty

Last Buyer's Agent

Laurie Hogan

Real Broker CT, LLC License #RES.0810040

Real Broker CT, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,416

Year Built

  • Built in 1915

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 4,800 Sq Ft Home
  • Ceiling Fan
  • Concrete Flooring
  • Walkup Attic

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Basement Storage

Parking

  • 4 Car Garage
  • Parking Deck
  • Shared Driveway

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near shops
  • Property is near a bus stop

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 1175464

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,416

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side, Other
  • Sq Ft Est Heated Above Grade: 4800
  • Total Sq Ft: 4800
  • Year Built: 1915
  • New Construction: No/Resale
  • Nearby Amenities: Park, Public Rec Facilities, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Directions: Broad Street to Britannia to Tremont
  • Financing Used: Conventional Fixed
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 9
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Attic Description: Walk-up
  • Basement Description: Full With Hatchway, Unfinished, Concrete Floor, Interior Access, Storage
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: Yes

Exterior Features

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

Garage/Parking

  • Garages Number: 4
  • Driveway Type: Shared, Paved
  • Garage And Parking: Detached Garage, Off Street Parking, On Street Parking

Utilities

  • Cooling System: Ceiling Fans, Wall Unit
  • Heat Type: Wall Unit
  • Heat Fuel Type: Electric, Natural Gas
  • Fuel Tank Location: Non Applicable
  • Hot Water Description: Electric, Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Lot Info

  • Acres: 0.17
  • Lot Description: Level Lot
  • Zoning: R-3
  • Parcel #: 1175464

Multi Family

  • Total Number Of Units: 3
  • Unit Count: 6

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 7416

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2025
Sold by
James Nathaniel
Bought by
Nkj Investment Grp Llc
Current Estimated Value
$426,243

Purchase Details

Listed on
Sep 13, 2023
Closed on
Oct 23, 2023
Sold by
Muli Richard and Muli Rachel
Bought by
James Nathaniel
Seller's Agent
Heidi Weed
Lamacchia Realty
Buyer's Agent
Laurie Hogan
Real Broker CT, LLC
List Price
$339,900
Sold Price
$360,000
Premium/Discount to List
$20,100
5.91%
Views
107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.13%
Original Mortgage
$270,000
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 2015
Sold by
Muli May F and Muli John P
Bought by
Muli Richard and Muli Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.84%
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 Buyer Sale Price Title Company
Nkj Investment Grp Llc -- None Available
Nkj Investment Grp Llc -- None Available
James Nathaniel $360,000 None Available
James Nathaniel $360,000 None Available
Muli Richard -- --
Muli Richard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner James Nathaniel $270,000
Previous Owner Muli Richard $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2023 10/23/23 Sold $360,000 +5.9% $75 / Sq Ft
09/22/2023 09/22/23 Pending -- -- --
09/15/2023 09/15/23 For Sale $339,900 -- $71 / 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 $7,574 $199,780 $40,320 $159,460
2024 $7,694 $199,780 $40,320 $159,460
2023 $7,416 $199,780 $40,320 $159,460
2022 $6,996 $199,780 $40,320 $159,460
2021 $6,036 $138,670 $38,360 $100,310
2020 $6,020 $138,670 $38,360 $100,310
2019 $5,971 $138,740 $38,360 $100,380
2018 $5,995 $138,740 $38,360 $100,380
2017 $5,835 $138,740 $38,360 $100,380
2016 $5,501 $141,890 $28,490 $113,400
2015 $5,501 $141,890 $28,490 $113,400
2014 $5,368 $141,890 $28,490 $113,400
Source: Public Records

Agents Affiliated with this Home

  • Heidi Weed

    Seller's Agent in 2023

    Heidi Weed

    Lamacchia Realty

    (203) 671-0438

    7 in this area

    109 Total Sales

    Heidi Weed
    Section Image
  • Laurie Hogan

    Buyer's Agent in 2023

    Laurie Hogan

    Real Broker CT, LLC

    (413) 654-8699

    1 in this area

    131 Total Sales

    Laurie Hogan
    Section Image
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Map

Source: SmartMLS

MLS Number: 170597470

SmartMLS

APN: MERI-000407-000149C-000062

Connecticut New Haven County Meriden 06450

31 Tremont St, Meriden, CT

Not Listed for Sale

MultiFamily

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