NOT LISTED FOR SALE

33 Olive St Meriden, CT 06450

Estimated Value: $207,000 - $423,000

4 Beds
2 Baths
1,475 Sq Ft
$181/Sq Ft Est. Value

Last Sold January 21, 2021

Last sale price $105,000 $71 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $1,681/month

74 Days on Market

Highlights

  • Property is near golf course, public transit, and shops
  • No HOA
  • Public Transportation
  • Israel Putnam School Rated 9+
  • Porch

About This Home

As of January 2021

Check out this Money Maker! It's a 2 family with below market rents and separate utilities. Both units are month to month. The 1st floor unit has 2 bedrooms, 1 full bath, gas hot air heat, gas hot water, and the rent is $750.00/mo. The 2nd floor unit has 2 bedrooms, 1 full bath, electric heat, gas hot water, and the rent is $600.00/mo. The gross annual rent is $16,200. The annual taxes are $3,129.88. The 1st floor unit is rented month to month. The 2nd floor has a lease that expires in 04/2021.

Last Agent to Sell the Property

Robert Clermont

Clermont Real Estate License #REB.0790498 Listed on: 11/07/2020

Last Buyer's Agent

Sherri Ciotto

Berkshire Hathaway NE Prop. License #RES.0760313

Berkshire Hathaway NE Prop.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,130

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot
  • Sloped Lot

Parking

  • On-Street Parking

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,475 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Porch
  • Property is near golf course, public transit, and shops
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Additional Features

  • Public Transportation
  • Gross Income $16,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,130

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1475
  • Public Record Living Room Sq Ft: 1475
  • Total Sq Ft: 1475
  • Year Built: 1900
  • Nearby Amenities: Golf Course, Library, Medical Facilities, Park, Public Pool, Public Transportation, Shopping/Mall
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Directions: GPS friendly
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Full
  • Attic: No

Exterior Features

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

Garage/Parking

  • Garage Parking Info: On Street Parking

Utilities

  • Heat Type: Hot Air
  • Heat Fuel Type: Electric, Natural Gas
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.1000
  • Lot Description: Sloping Lot
  • Flood Zone: No
  • Zoning: R-3

Multi Family

  • Gross Annual Income: 16200
  • Unit Count: 2
  • Total Multi Family: 8
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 3130
  • Mil Rate Base: 40.860
  • Mil Rate Tax District: 2.550
  • Assessor Parcel Number: 1176920

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 7, 2020
Closed on
Jan 6, 2021
Sold by
Mcinvale Adam
Bought by
Thompson Daniel and Higgins Patricia
Seller's Agent
Robert Clermont
Clermont Real Estate
Buyer's Agent
Sherri Ciotto
Berkshire Hathaway NE Prop.
List Price
$115,000
Sold Price
$105,000
Premium/Discount to List
-$10,000
-8.7%
Current Estimated Value
$266,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,430
Avg. Annual Appreciation
20.47%
Original Mortgage
$78,750
Outstanding Balance
$69,985
Interest Rate
2.6%
Mortgage Type
Balloon
Estimated Equity
$196,445

Purchase Details

Closed on
Sep 28, 2006
Sold by
Keathley Aaron R
Bought by
Mcinuale Adam and Mcinuale Celica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,600
Interest Rate
6.52%

Purchase Details

Closed on
Jun 14, 2004
Sold by
Athletic Polish Falcon
Bought by
Keathley Aaron R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,800
Interest Rate
5.99%
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
Thompson Daniel $105,000 None Available
Mcinuale Adam $112,000 --
Keathley Aaron R $62,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Daniel $78,750
Previous Owner Keathley Aaron R $89,600
Previous Owner Keathley Aaron R $11,200
Previous Owner Keathley Aaron R $45,800
Previous Owner Keathley Aaron R $14,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/21/2021 01/21/21 Sold $105,000 -8.7% $71 / Sq Ft
11/07/2020 11/07/20 For Sale $115,000 -- $78 / 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 $3,628 $95,690 $29,820 $65,870
2024 $3,685 $95,690 $29,820 $65,870
2023 $3,552 $95,690 $29,820 $65,870
2022 $3,351 $95,690 $29,820 $65,870
2021 $3,139 $72,100 $33,950 $38,150
2020 $3,130 $72,100 $33,950 $38,150
2019 $3,103 $72,100 $33,950 $38,150
2018 $3,115 $72,100 $33,950 $38,150
2017 $3,033 $72,100 $33,950 $38,150
2016 $2,700 $69,860 $26,390 $43,470
2015 $2,700 $69,650 $26,180 $43,470
2014 $2,635 $69,650 $26,180 $43,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170350013

SmartMLS

APN: MERI-000115-000064-000002