$100,000
SOLD MAR 7, 2023

338 Ridgewood Rd Middletown, CT 06457

Westfield Neighborhood
3 Beds
1 Bath
1,616 Sq Ft
0.48 Acres

Recently Sold

$62 Per Sq Ft

37% Below List Price

39 Days on Market

Highlights

  • Colonial Architecture
  • Mud Room
  • Shed
  • Attic
  • No HOA
  • Hot Water Circulator

About This Home

As of October 2023

Fix and Flip opportunity. Located in the sought after Westfield section of Middletown, this 3 bedroom colonial home has lots of potential. Three outbuildings and a new well. Investor or handyman, this is your chance! Property sold "As-Is" all contents to remain in home.

Last Agent to Sell the Property

Leonard Orlacchio

Hagel & Assoc. Real Estate License #RES.0512589 Listed on: 10/24/2022

Last Buyer's Agent

Leonard Orlacchio

Hagel & Assoc. Real Estate License #RES.0512589 Listed on: 10/24/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,228

Year Built

  • Built in 1830

Lot Details

  • 0.48 Acre Lot
  • Level Lot
  • Property is zoned R-15

Home Design

  • Colonial Architecture
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding
  • Masonry

Interior Spaces

  • 1,616 Sq Ft Home
  • Mud Room
  • Unfinished Basement
  • Crawl Space
  • Attic or Crawl Hatchway Insulated
  • Oven or Range
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Shed

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Private Company Owned Well
  • Hot Water Circulator
  • Oil Water Heater
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,228

Year Built

Built in 1830

Lot Details

0

Listing Details

  • Neighborhood: Westfield
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 1616
  • Public Record Living Room Sq Ft: 1616
  • Total Sq Ft: 1616
  • Year Built: 1830
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3186
  • Directions: gps friendly
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 5
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Attic Description: Crawl Space
  • Basement Description: Unfinished
  • Appliances: Oven/Range, Refrigerator
  • Additional Rooms: Mud Room
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 338

Exterior Features

  • Exterior Features: Shed
  • Exterior Siding: Aluminum
  • Foundation Type: Block, Masonry
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Utilities

  • Heat Type: Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Lot Info

  • Acres: 0.4800
  • Lot Description: Level Lot
  • Zoning: R-15

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 4228
  • Total Assessed Value: 112700
  • Mil Rate Base: 35.700
  • Mil Rate Tax District: 1.817
  • Mil Rate Total: 37.517
  • Assessor Parcel Number: 1005562

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2023
Closed on
Oct 11, 2023
Sold by
Frenel Management Llc
Bought by
Larbi Derick O and Larbi Lillian N
Seller's Agent
Kristy Hudson
YellowBrick Real Estate LLC
Buyer's Agent
Kimmy Vendryes-Martin
Coldwell Banker Realty
List Price
$299,999
Sold Price
$277,500
Premium/Discount to List
-$22,499
-7.5%
Views
377
Current Estimated Value
$321,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,900
Avg. Annual Appreciation
12.35%
Original Mortgage
$272,473
Outstanding Balance
$267,610
Interest Rate
7.12%
Mortgage Type
FHA
Estimated Equity
$80,212

Purchase Details

Listed on
Oct 24, 2022
Closed on
Mar 6, 2023
Sold by
Congdon Raymond and Demerchant David
Bought by
Frenel Management Llc
Seller's Agent
Leonard Orlacchio
Hagel & Assoc. Real Estate
Buyer's Agent
Leonard Orlacchio
Hagel & Assoc. Real Estate
List Price
$159,900
Sold Price
$100,000
Premium/Discount to List
-$59,900
-37.46%
Views
224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
447.99%
Original Mortgage
$170,000
Interest Rate
6.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 29, 1976
Bought by
Congdon Raymond and Congdon Beverly
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 Type Sale Price Title Company
Warranty Deed $277,500 None Available
Guardian Deed $100,000 None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $272,473 FHA
Closed $20,000 Stand Alone Refi Refinance Of Original Loan
Closed $272,473 FHA
Previous Owner $170,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2023 10/11/23 Sold $277,500 -7.5% $172 / Sq Ft
10/07/2023 10/07/23 Pending -- -- --
07/14/2023 07/14/23 For Sale $299,999 +200.0% $186 / Sq Ft
03/07/2023 03/07/23 Sold $100,000 -37.5% $62 / Sq Ft
12/02/2022 12/02/22 Pending -- -- --
11/22/2022 11/22/22 For Sale $159,900 0.0% $99 / Sq Ft
10/27/2022 10/27/22 Pending -- -- --
10/24/2022 10/24/22 For Sale $159,900 -- $99 / 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 $6,475 $202,710 $63,130 $139,580
2023 $3,208 $106,780 $63,130 $43,650
2022 $4,228 $112,700 $39,870 $72,830
2021 $4,218 $112,700 $39,870 $72,830
2020 $5,956 $112,700 $39,870 $72,830
2019 $4,247 $112,700 $39,870 $72,830
2018 $4,096 $112,700 $39,870 $72,830
2017 $4,102 $115,710 $43,600 $72,110
2016 $4,022 $115,710 $43,600 $72,110
2015 $3,936 $115,710 $43,600 $72,110
2014 $3,937 $115,710 $43,600 $72,110
Source: Public Records

Agents Affiliated with this Home

  • Kristy Hudson

    Seller's Agent in 2023

    Kristy Hudson

    YellowBrick Real Estate LLC

    (203) 898-3731

    1 in this area

    20 Total Sales

    Kristy Hudson
    Section Image
  • Leonard Orlacchio

    Seller's Agent in 2023

    Leonard Orlacchio

    Hagel & Assoc. Real Estate

    (860) 604-5073

    3 in this area

    10 Total Sales

    Leonard Orlacchio
    Section Image

  • K

    Buyer's Agent in 2023

    Kimmy Vendryes-Martin

    Coldwell Banker Realty

    (203) 816-1764

    2 in this area

    59 Total Sales

    Kimmy Vendryes-Martin
    Section Image
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Map

Source: SmartMLS

MLS Number: 170531992

SmartMLS

APN: MTWN-000011-000000-000052

Connecticut Middlesex County Middletown 06457 Westfield

338 Ridgewood Rd, Middletown, CT

This home is located at 338 Ridgewood Rd, Middletown, CT 06457 and is currently priced at $100,000, approximately $61 per square foot. This property was built in 1830. 338 Ridgewood Rd is a home located in Middlesex County with nearby schools including The Lawrence 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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