NOT LISTED FOR SALE

331 Farm Hill Rd Middletown, CT 06457

Estimated Value: $394,000 - $512,000

4 Beds
2 Baths
2,256 Sq Ft
$193/Sq Ft Est. Value

Last Sold December 17, 2013

Last sale price $230,000 $102 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $2,908/month

13 Days on Market

Highlights

  • Attic
  • Baseboard Heating
  • Open Lot

About This Home

As of December 2013

This two family home has been completely renovated inside and out. Spacious, bright apartments with 2 bedrooms in each. Plenty off street parking. Minimal maintenance for investors.
Take advantage of this great investment opportunity

Last Agent to Sell the Property

Lori Vogel

William Raveis Real Estate License #REB.0750070 Listed on: 11/04/2013

William Raveis Real Estate

Last Buyer's Agent

David Gallitto

Huntsman,Meade & Partners Comp License #RES.0766298

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,755

Year Built

  • Built in 1899

Lot Details

  • 0.28 Acre Lot
  • Open Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated

Parking

  • 6 Parking Spaces
  • Driveway
  • Off-Street Parking

Schools

  • Clb Elementary School
  • Middletown High School

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Oil Water Heater
  • Cable TV Available

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,755

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Year Built: 1899
  • Property Sub Type: 2 Family
  • Directions: Randolph rd to farm hill
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 2
  • Attic Description: Access Via Hatch
  • Basement Description: Full
  • Interior Amenities: Cable - Available
  • Attic: Yes
  • Stories Number Of: 2
  • Street Number Modifier: 331

Exterior Features

  • Exterior Siding: Vinyl Siding

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Paved
  • Total Parking Spaces: 6

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Hot Water Description: Oil
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Clb
  • High School: Middletown

Lot Info

  • Acres: 0.2800
  • Lot Description: Open Lot

Rental Info

  • Lease Purchase: No

Multi Family

  • Unit Count: 2
  • Total Num Of Units: 2

Tax Info

  • Property Tax: 4755
  • Total Assessed Value: 171660
  • Assessor Parcel Number: 1013284

MLS Schools

  • Elementary School: Clb
  • High School: Middletown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2019
Sold by
Aresco Michelle M
Bought by
Aresco David M
Current Estimated Value
$434,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Outstanding Balance
$149,161
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$285,566

Purchase Details

Listed on
Nov 4, 2013
Closed on
Dec 19, 2013
Sold by
Cowee Jessica
Bought by
Aresco David M and Aresco Michelle M
Seller's Agent
Lori Vogel
William Raveis Real Estate
Buyer's Agent
David Gallitto
Huntsman,Meade & Partners Comp
List Price
$238,420
Sold Price
$230,000
Premium/Discount to List
-$8,420
-3.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.53%
Original Mortgage
$172,500
Interest Rate
4.15%

Purchase Details

Closed on
Oct 3, 2011
Sold by
Gullitti Builders Inc
Bought by
Cowee Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,701
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 16, 2009
Sold by
Gullitti Builders Inc
Bought by
Lapham Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.98%

Purchase Details

Closed on
Dec 20, 2005
Sold by
Est Salafia Rose M and Salafia Ann C
Bought by
Gullitti Bldrs Inc
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
Aresco David M -- --
Aresco David M $230,000 --
Cowee Jessica $209,000 --
Lapham Richard $315,425 --
Gullitti Bldrs Inc $272,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aresco David M $170,000
Previous Owner Aresco David M $172,500
Previous Owner Cowee Jessica $203,701
Previous Owner Gullitti Bldrs Inc $50,000
Previous Owner Gullitti Bldrs Inc $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2013 12/17/13 Sold $230,000 -3.5% $102 / Sq Ft
11/17/2013 11/17/13 Pending -- -- --
11/04/2013 11/04/13 For Sale $238,420 -- $106 / 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 $7,217 $203,810 $64,180 $139,630
2023 $6,850 $203,810 $64,180 $139,630
2022 $6,486 $157,220 $42,790 $114,430
2021 $6,457 $157,220 $42,790 $114,430
2020 $6,446 $157,220 $42,790 $114,430
2019 $6,478 $157,220 $42,790 $114,430
2018 $6,255 $157,220 $42,790 $114,430
2017 $6,071 $156,940 $49,270 $107,670
2016 $5,949 $156,940 $49,270 $107,670
2015 $5,817 $156,940 $49,270 $107,670
2014 $5,812 $156,940 $49,270 $107,670
Source: Public Records

Agents Affiliated with this Home

  • Lori Vogel

    Seller's Agent in 2013

    Lori Vogel

    William Raveis Real Estate

    (860) 301-4044

    161 Total Sales

    Lori Vogel
    Section Image
  • David Gallitto

    Buyer's Agent in 2013

    David Gallitto

    Huntsman,Meade & Partners Comp

    (860) 539-4688

    56 Total Sales

    David Gallitto
    Section Image
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Map

Source: SmartMLS

MLS Number: G667172

SmartMLS

APN: MTWN-000029-000000-000134

Connecticut Middlesex County Middletown 06457

331 Farm Hill Rd, Middletown, CT

This home is located at 331 Farm Hill Rd, Middletown, CT 06457 since 04 November 2013 and is currently estimated at $434,727, approximately $192 per square foot. This property was built in 1899. 331 Farm Hill Rd is a home located in Middlesex County with nearby schools including Farm Hill 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.

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