NOT LISTED FOR SALE

371 S Main St Middletown, CT 06457

Estimated Value: $261,680 - $362,000

5 Beds
2 Baths
2,304 Sq Ft
$140/Sq Ft Est. Value

Last Sold May 23, 2024

Last sale price $325,000 $141 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,033/month

19 Days on Market

Highlights

  • Home fronts a pond
  • Tankless Water Heater
  • Hot Water Heating System
  • Attic

About This Home

As of May 2024

If you are looking for an investment opportunity or an owner occupied multifamily this is a fantastic water front property to add to your portfolio. The second floor boasts two pond facing bedrooms as well a screened in porch over looking the pond. The first floor is rented and second floor is ready to go with fresh paint. The backyard is a great place to pull out the grill and watch the sun set over the pond. Just minutes from route 9, Middlesex Hospital and the restaurants of downtown. Don't let this opportunity pass you by. Property is in good condition and is being sold AS IS.

Last Agent to Sell the Property

Cory Tyler

Berkshire Hathaway NE Prop. License #RES.0825636 Listed on: 05/01/2024

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Keith Murphy

Innovative Properties License #REB.0758350

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,579

Year Built

  • Built in 1900

Lot Details

  • 6,098 Sq Ft Lot
  • Home fronts a pond

Parking

  • 2 Car Garage

Home Design

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

Interior Spaces

  • 2,304 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Oil
  • Tankless Water Heater
  • Hot Water Circulator
  • Fuel Tank Located in Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 1006309

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,579

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2304
  • Total Sq Ft: 2304
  • Year Built: 1900
  • New Construction: No/Resale
  • Property Sub Type: 2 Family
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Directions: Across from Dominos pizza
  • Financing Used: Withheld
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Attic Description: Access Via Hatch
  • Basement Description: Full
  • Laundry Room Info: Basement Hook-Up(s), Hook-Up In Unit 1, Hook-Up In Unit 2
  • Attic: Yes

Exterior Features

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

Garage/Parking

  • Garages Number: 2
  • Total Parking Spaces: 4
  • Garage And Parking: Detached Garage, Paved, Off Street Parking

Utilities

  • Cooling System: Window Unit
  • Heat Type: Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Tankless Hotwater
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Lot Info

  • Acres: 0.14
  • Lot Description: Level Lot Water View
  • Zoning: MXC
  • Parcel #: 1006309

Multi Family

  • Total Number Of Units: 2

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 3579

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
May 1, 2024
Closed on
May 23, 2024
Sold by
Cor Holdings Llc
Bought by
Boudreau Richard and Boudreau Heather
Seller's Agent
Cory Tyler
Berkshire Hathaway NE Prop.
Buyer's Agent
Keith Murphy
Innovative Properties
List Price
$325,000
Sold Price
$325,000
Views
173
Current Estimated Value
$328,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,661
Avg. Annual Appreciation
-0.67%
Original Mortgage
$243,750
Outstanding Balance
$240,108
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$81,312

Purchase Details

Listed on
Mar 28, 2019
Closed on
Oct 7, 2019
Sold by
Tyler Cory J
Bought by
Cor Holdings Llc
Seller's Agent
Michelle MacNeil
William Raveis Real Estate
Buyer's Agent
Judith Chanman
Century 21 Classic Homes
List Price
$215,000
Sold Price
$189,000
Premium/Discount to List
-$26,000
-12.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.34%
Original Mortgage
$151,200
Interest Rate
3.6%

Purchase Details

Listed on
Mar 28, 2019
Closed on
Sep 25, 2019
Sold by
Renna Gloria and Wilson Allison M
Bought by
Tyler Cory J
Seller's Agent
Michelle MacNeil
William Raveis Real Estate
Buyer's Agent
Judith Chanman
Century 21 Classic Homes
List Price
$215,000
Sold Price
$189,000
Premium/Discount to List
-$26,000
-12.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,200
Interest Rate
3.6%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Boudreau Richard $325,000 None Available
Boudreau Richard $325,000 None Available
Cor Holdings Llc -- --
Tyler Cory J $189,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boudreau Richard $243,750
Closed Boudreau Richard $243,750
Previous Owner Tyler Cory J $151,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/23/2024 05/23/24 Sold $325,000 0.0% $141 / Sq Ft
05/03/2024 05/03/24 For Sale $325,000 +72.0% $141 / Sq Ft
09/25/2019 09/25/19 Sold $189,000 -5.5% $82 / Sq Ft View Prior Sale
09/13/2019 09/13/19 Pending -- -- --
06/17/2019 06/17/19 Price Changed $200,000 -7.0% $87 / Sq Ft
03/28/2019 03/28/19 For Sale $215,000 -- $93 / 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 $3,966 $101,960 $48,580 $53,380
2024 $3,752 $101,960 $48,580 $53,380
2023 $3,579 $101,960 $48,580 $53,380
2022 $2,887 $65,620 $21,590 $44,030
2021 $2,887 $65,620 $21,590 $44,030
2020 $2,900 $65,620 $21,590 $44,030
2019 $2,914 $65,620 $21,590 $44,030
2018 $2,868 $65,620 $21,590 $44,030
2017 $4,044 $95,370 $30,160 $65,210
2016 $3,929 $95,370 $30,160 $65,210
2015 $3,777 $95,370 $30,160 $65,210
2014 $3,815 $95,370 $30,160 $65,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24014631

SmartMLS

APN: MTWN-000026-000000-000289