NOT LISTED FOR SALE

312 Broad St Meriden, CT 06450

Estimated Value: $163,000 - $182,000

5 Beds
3 Baths
3,946 Sq Ft
$44/Sq Ft Est. Value

Last Sold February 10, 2022

Last sale price $285,000 $72 Per Sq Ft

Est. 39% decrease in value since last sale

Current estimated payment $1,137/month

23 Days on Market

About This Home

As of February 2022

This 3 family home is conveniently located on Broad St and is available to investors or owner-occupied owners. Spacious apartments.
The 2nd and 3rd-floor apartments have tenants in place and have been updated. 1st floor is available for an owner-occupant situation and with some renovations, it could be great. The structure has been nicely maintained. 3 car garage located in the back has some tree damage but could be another source of income. Central heating was installed in 2015. Laundry hookups in the basement. Tons of landlord or owner-occupied storage in lower level. Newer driveway and plenty of off-street parking.

Last Agent to Sell the Property

Stacey McPherson

KW Legacy Partners License #RES.0797630 Listed on: 11/29/2021

KW Legacy Partners

Last Buyer's Agent

Terra Mennone

Coldwell Banker Realty License #RES.0812570

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,804

Year Built

  • Built in 1928

Lot Details

  • 0.52 Acre Lot

Home Design

  • Brick Foundation
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • 3,946 Sq Ft Home
  • 2 Fireplaces
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Car Garage
  • Off-Street Parking

Utilities

  • Radiator
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,804

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 3946
  • Public Record Living Room Sq Ft: 3946
  • Total Sq Ft: 3946
  • Year Built: 1928
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: Broad St
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Fireplaces: 2
  • Basement Description: Full With Hatchway
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: No
  • Street Number Modifier: 312

Exterior Features

  • Exterior Siding: Aluminum
  • Foundation Type: Brick, Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Garages Number: 3

Utilities

  • Heat Type: Radiator
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.5200
  • Lot Description: N/A
  • Zoning: R-3

Multi Family

  • Unit Count: 3
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 6804
  • Total Assessed Value: 156310
  • Mil Rate Base: 40.860
  • Mil Rate Tax District: 2.670
  • Mil Rate Total: 43.530
  • Assessor Parcel Number: 1178471

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2021
Closed on
Mar 30, 2022
Sold by
Glad Peter J
Bought by
Barberino Alan P
Seller's Agent
Stacey McPherson
KW Legacy Partners
Buyer's Agent
Terra Mennone
Coldwell Banker Realty
List Price
$294,900
Sold Price
$285,000
Premium/Discount to List
-$9,900
-3.36%
Current Estimated Value
$172,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$112,494
Avg. Annual Appreciation
-13.19%

Purchase Details

Closed on
May 27, 2016
Sold by
Brogan Chase A
Bought by
Glad Peter J

Purchase Details

Closed on
Aug 1, 2013
Sold by
Department Of Housing & Urban Dev
Bought by
Brogan Chase A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
3.95%

Purchase Details

Closed on
Sep 4, 2012
Sold by
Rodriguez Jimmy
Bought by
Chfa

Purchase Details

Closed on
Aug 14, 2006
Sold by
Wilcox Timothy A and Wilcox Kristy L
Bought by
Rodriguez Jimmy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,800
Interest Rate
6.8%

Purchase Details

Closed on
Jan 30, 2006
Sold by
Ross Bonita S
Bought by
Wilcox Timothy A and Wilcox Kristy L

Purchase Details

Closed on
Dec 16, 2003
Sold by
Cerreta Donald
Bought by
Ross Bonita S
Source: Public Records

Range of Values:

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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
Barberino Alan P -- None Available
Glad Peter J $61,900 --
Brogan Chase A $50,000 --
Chfa -- --
Rodriguez Jimmy M $128,900 --
Wilcox Timothy A $125,000 --
Ross Bonita S $97,450 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cerreta Donald $45,000
Previous Owner Cerreta Donald $40,000
Previous Owner Cerreta Donald $126,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2022 02/10/22 Sold $285,000 -3.4% $72 / Sq Ft
12/22/2021 12/22/21 Pending -- -- --
11/29/2021 11/29/21 For Sale $294,900 +9.2% $75 / Sq Ft
01/21/2021 01/21/21 Sold $270,000 -8.4% $68 / Sq Ft
12/21/2020 12/21/20 Pending -- -- --
09/24/2020 09/24/20 For Sale $294,900 0.0% $75 / Sq Ft
07/29/2020 07/29/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $294,900 -- $75 / 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 $2,369 $65,240 $0 $65,240
2023 $2,270 $65,240 $0 $65,240
2022 $2,152 $65,240 $0 $65,240
2021 $1,527 $37,380 $0 $37,380
2020 $1,527 $37,380 $0 $37,380
2019 $1,527 $37,380 $0 $37,380
2018 $1,534 $37,380 $0 $37,380
2017 $1,492 $37,380 $0 $37,380
2016 $2,310 $63,070 $0 $63,070
2015 $2,310 $63,070 $0 $63,070
2014 $2,254 $63,070 $0 $63,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170454471

SmartMLS

APN: MERI-000408-000149D-000077A-000312