NOT LISTED FOR SALE

36 Lake St Middletown, CT 06457

Estimated Value: $259,000 - $321,149

3 Beds
2 Baths
1,638 Sq Ft
$174/Sq Ft Est. Value

Last Sold May 08, 2020

Last sale price $127,000 $78 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $1,967/month

84 Days on Market

About This Home

As of May 2020

Great opportunity in Middletown for this 2 Family home! Each unit has 2 Bedrooms and 1 Full bath and private laundry hookups. This is a must-see investment property also great for an owner occupant. Schedule your private tour today!

Last Agent to Sell the Property

Amy Rio

Executive Real Estate Inc. License #REB.0788717 Listed on: 01/22/2020

Executive Real Estate Inc.

Last Buyer's Agent

John Maier

Maier Real Estate License #RES.0788779

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,350

Year Built

  • Built in 1900

Lot Details

  • 7,405

Parking

  • Off-Street Parking

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • 1,638 Sq Ft Home
  • Basement Fills Entire Space Under The House

Schools

  • Middletown High School

Additional Features

  • 7,405 Sq Ft Lot
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,350

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 1638
  • Public Record Living Room Sq Ft: 1638
  • Total Sq Ft: 1638
  • Year Built: 1900
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 2711
  • Directions: GPS Compatible
  • Special Features: None

Interior Features

  • Basement Description: Full
  • Attic: No
  • Street Number Modifier: 36

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Off Street Parking

Utilities

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

Schools

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

Lot Info

  • Acres: 0.1700
  • Lot Description: N/A
  • Zoning: RPZ

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 4350
  • Total Assessed Value: 105570
  • Mil Rate Base: 36.000
  • Mil Rate Tax District: 5.203
  • Mil Rate Total: 41.203
  • Assessor Parcel Number: 1007411

Multi Family

  • Total Num Of Units: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2020
Closed on
May 6, 2020
Sold by
Garofalo Joseph S
Bought by
Stokes Michael J
Seller's Agent
Amy Rio
Executive Real Estate Inc.
Buyer's Agent
John Maier
Maier Real Estate
List Price
$167,500
Sold Price
$127,000
Premium/Discount to List
-$40,500
-24.18%
Current Estimated Value
$285,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,037
Avg. Annual Appreciation
13.67%
Original Mortgage
$95,250
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 1986
Bought by
Garofalo Joseph S
Source: Public Records

Range of Values:

Collateral Analytics

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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
Stokes Michael J $127,000 None Available
Garofalo Joseph S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stokes Michael J $95,250
Previous Owner Garofalo Joseph S $16,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2020 05/08/20 Sold $127,000 -16.4% $78 / Sq Ft
04/15/2020 04/15/20 Pending -- -- --
03/30/2020 03/30/20 Price Changed $152,000 -9.3% $93 / Sq Ft
01/22/2020 01/22/20 For Sale $167,500 0.0% $102 / Sq Ft
05/31/2014 05/31/14 Rented $825 0.0% --
05/29/2014 05/29/14 Under Contract -- -- --
03/26/2014 03/26/14 For Rent $825 -- --
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 $5,474 $154,580 $55,670 $98,910
2023 $5,196 $154,580 $55,670 $98,910
2022 $4,355 $105,570 $35,160 $70,410
2021 $4,336 $105,570 $35,160 $70,410
2020 $4,329 $105,570 $35,160 $70,410
2019 $4,350 $105,570 $35,160 $70,410
2018 $4,200 $105,570 $35,160 $70,410
2017 $4,212 $108,900 $41,540 $67,360
2016 $4,128 $108,900 $41,540 $67,360
2015 $4,037 $108,900 $41,540 $67,360
2014 $4,033 $108,900 $41,540 $67,360
Source: Public Records

Agents Affiliated with this Home

  • Amy Rio

    Seller's Agent in 2020

    Amy Rio

    Executive Real Estate

    (860) 916-6048

    1,219 Total Sales

    Amy Rio
    Section Image
  • John Maier

    Buyer's Agent in 2020

    John Maier

    Maier Real Estate

    (203) 631-0337

    93 Total Sales

    John Maier
    Section Image

  • C

    Seller's Agent in 2014

    Calvin Nakatsuka

    William Raveis Real Estate

    Section Image
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Map

Source: SmartMLS

MLS Number: 170265866

SmartMLS

APN: MTWN-000026-000000-000462

Connecticut Middlesex County Middletown 06457

36 Lake St, Middletown, CT

This home is located at 36 Lake St, Middletown, CT 06457 since 22 January 2020 and is currently estimated at $285,037, approximately $174 per square foot. This property was built in 1900. 36 Lake St 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.

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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