NOT LISTED FOR SALE

32 High St Middletown, CT 06457

Estimated Value: $384,592 - $474,000

6 Beds
3.5 Baths
3,772 Sq Ft
$110/Sq Ft Est. Value

Last Sold May 13, 2016

Last sale price $217,000 $58 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $2,931/month

14 Days on Market

Highlights

  • Property is near public transit, shops, and bus stop
  • Porch
  • Open Lot
  • No HOA
  • Baseboard Heating

About This Home

As of May 2016

Nicely maintained 3 family home located within walking distance of City Center, Wesleyan University and Middlesex Hospital. Great opportunity for either owner occupant or investor. Current rents are below market value. All tenants are currently on month to month leases. Large paved parking area at rear of property, numerous updates, spacious units in better than average condition. The 3 bedroom unit is an up and down townhouse style layout which is on one side of the structure, the 1 & 2 bedroom units are on the other side.

Last Agent to Sell the Property

Art Tatta

Berkshire Hathaway NE Prop. Listed on: 03/02/2016

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Chris Hogan

Century 21 Classic Homes License #REB.0794280

Century 21 Classic Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,797

Year Built

  • Built in 1900

Lot Details

  • 6,970 Sq Ft Lot
  • Open Lot

Home Design

  • Aluminum Siding

Interior Spaces

  • 3,772 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Parking

  • 3 Parking Spaces
  • Paved Parking

Schools

  • Snow Elementary School
  • Middletown High School

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Heating System Uses Oil Above Ground

Additional Features

  • Porch
  • Property is near public transit, shops, and bus stop

Community Details

  • No Home Owners Association
  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,797

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Total Sq Ft: 3772
  • Year Built: 1900
  • Nearby Amenities: Commuter Bus, Shopping/Mall, Walk to Bus Lines
  • Easements Right Of Way: OF RECORD
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Washington St south on High ST
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement Description: Full
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: No
  • Stories Number Of: 2

Exterior Features

  • Exterior Features: Porch
  • Exterior Siding: Aluminum
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Paved
  • Total Parking Spaces: 3

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.1600
  • Lot Description: Open Lot

Rental Info

  • Landlord Responsibility: Grounds Maintenance, Parking, Snow Removal, Trash Service
  • Lease Purchase: No

Multi Family

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

Tax Info

  • Property Tax: 4797
  • Assessor Parcel Number: 1007639

MLS Schools

  • Elementary School: Snow
  • High School: Middletown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2016
Closed on
May 16, 2016
Sold by
Mullins Christopher and Mullins Kathryn
Bought by
Marron Thomas M
Seller's Agent
Art Tatta
Berkshire Hathaway NE Prop.
Buyer's Agent
Chris Hogan
Century 21 Classic Homes
List Price
$234,900
Sold Price
$217,000
Premium/Discount to List
-$17,900
-7.62%
Current Estimated Value
$415,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,648
Avg. Annual Appreciation
6.97%
Original Mortgage
$162,750
Outstanding Balance
$129,422
Interest Rate
3.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$286,226

Purchase Details

Closed on
Dec 14, 2005
Sold by
Gionfriddo Marcus A
Bought by
Mullins Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.34%

Purchase Details

Closed on
Jan 15, 2003
Sold by
Gionfriddo Joseph
Bought by
Gionfriddo Marc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Marron Thomas M $217,000 --
Mullins Kathryn $260,000 --
Gionfriddo Marc $30,000 --
Gionfriddo Marc $30,000 --
Gionfriddo Marc $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marron Thomas M $162,750
Previous Owner Gionfriddo Marc $254,400
Previous Owner Gionfriddo Marc $208,000
Previous Owner Gionfriddo Marc $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2016 05/13/16 Sold $217,000 -7.6% $58 / Sq Ft
03/16/2016 03/16/16 Pending -- -- --
03/02/2016 03/02/16 For Sale $234,900 -- $62 / 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 $9,099 $233,920 $52,210 $181,710
2024 $8,608 $233,920 $52,210 $181,710
2023 $8,211 $233,920 $52,210 $181,710
2022 $6,840 $155,460 $34,360 $121,100
2021 $6,840 $155,460 $34,360 $121,100
2020 $6,871 $155,460 $34,360 $121,100
2019 $6,902 $155,460 $34,360 $121,100
2018 $6,794 $155,460 $34,360 $121,100
2017 $6,239 $147,150 $31,920 $115,230
2016 $6,063 $147,150 $31,920 $115,230
2015 $5,827 $147,150 $31,920 $115,230
2014 $5,871 $146,780 $31,550 $115,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: G10113400

SmartMLS

APN: MTWN-000026-000000-000321