NOT LISTED FOR SALE

326 Margarite Rd Middletown, CT 06457

Estimated Value: $292,000 - $338,000

2 Beds
1 Bath
888 Sq Ft
$360/Sq Ft Est. Value

Last Sold August 05, 2020

Last sale price $210,000 $236 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,156/month

32 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Detached Garage
  • Baseboard Heating
  • No HOA

About This Home

As of August 2020

Come see this newly updated 2 bedroom ranch style home with granite counter tops, front porch, two car garage with large workshop attached located close to commuting, town amenities, shopping and entertainment.

Last Agent to Sell the Property

Todd Bakoledis

Coldwell Banker Realty License #RES.0790359 Listed on: 06/08/2020

Coldwell Banker Realty

Last Buyer's Agent

Dean Lockery

GRL & Realtors, LLC License #REB.0794051

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,907

Year Built

  • Built in 1955

Lot Details

  • 0.29 Acre Lot
  • Sloped Lot
  • Property is zoned R-30

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 888 Sq Ft Home
  • Partial Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Private Company Owned Well
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,907

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 888
  • Public Record Living Room Sq Ft: 888
  • Total Sq Ft: 888
  • Year Built: 1955
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 2177
  • Tax Year Updated Dt: 07/20/2020
  • Directions: Randolph Rd to Margarite Rd
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement Description: Partial With Hatchway
  • Attic: No
  • Street Number Modifier: 326

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic
  • Water Source: Private Well
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Lot Info

  • Acres: 0.2900
  • Lot Description: Sloping Lot
  • Zoning: R-30

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 4907
  • Total Assessed Value: 119680
  • Mil Rate Base: 35.800
  • Mil Rate Tax District: 5.203
  • Mil Rate Total: 41.003
  • Assessor Parcel Number: 1005175

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
Jun 8, 2020
Closed on
Jul 16, 2020
Sold by
Fnma
Bought by
Flowers Gary
Seller's Agent
Todd Bakoledis
Coldwell Banker Realty
Buyer's Agent
Dean Lockery
GRL & Realtors, LLC
List Price
$209,900
Sold Price
$210,000
Premium/Discount to List
$100
0.05%
Current Estimated Value
$319,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,610
Avg. Annual Appreciation
8.11%
Original Mortgage
$199,500
Outstanding Balance
$178,161
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$135,561

Purchase Details

Closed on
Jun 11, 2019
Sold by
Webster Bank Na
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 16, 2009
Sold by
Cabelus Peter M and Cabelus Arline R
Bought by
Jackson Eric W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
5.14%

Purchase Details

Closed on
Feb 27, 1991
Sold by
Casserino Carmelo S and Casserino Judith A
Bought by
Cabelus Peter M and Cabelus Arline R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,100
Interest Rate
8.5%
Mortgage Type
Unknown
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
Flowers Gary $210,000 None Available
Federal National Mortgage Association -- --
Jackson Eric W $160,000 --
Cabelus Peter M $122,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flowers Gary $199,500
Previous Owner Cabelus Peter M $144,000
Previous Owner Cabelus Peter M $118,500
Previous Owner Cabelus Peter M $120,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2020 08/05/20 Sold $210,000 0.0% $236 / Sq Ft
06/08/2020 06/08/20 For Sale $209,900 -- $236 / 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 $5,529 $156,150 $60,650 $95,500
2023 $5,248 $156,150 $60,650 $95,500
2022 $4,937 $119,680 $44,920 $74,760
2021 $4,916 $119,680 $44,920 $74,760
2020 $4,907 $119,680 $44,920 $74,760
2019 $4,931 $119,680 $44,920 $74,760
2018 $4,761 $119,680 $44,920 $74,760
2017 $4,836 $125,010 $52,070 $72,940
2016 $4,739 $125,010 $52,070 $72,940
2015 $4,634 $125,010 $52,070 $72,940
2014 $4,629 $125,010 $52,070 $72,940
Source: Public Records

Agents Affiliated with this Home

  • Todd Bakoledis

    Seller's Agent in 2020

    Todd Bakoledis

    Coldwell Banker Realty

    (860) 575-8423

    2 in this area

    55 Total Sales

    Todd Bakoledis
    Section Image
  • Dean Lockery

    Buyer's Agent in 2020

    Dean Lockery

    GRL & Realtors, LLC

    (203) 974-2773

    1 in this area

    89 Total Sales

    Dean Lockery
    Section Image
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Map

Source: SmartMLS

MLS Number: 170303568

SmartMLS

APN: MTWN-000038-000000-000227

Connecticut Middlesex County Middletown 06457

326 Margarite Rd, Middletown, CT

This home is located at 326 Margarite Rd, Middletown, CT 06457 since 08 June 2020 and is currently estimated at $319,610, approximately $359 per square foot. This property was built in 1955. 326 Margarite Rd is a home located in Middlesex County with nearby schools including Wesley School, Middletown High School, and St John Paul II School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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