NOT LISTED FOR SALE

38 Columbus Ave Middletown, CT 06457

Estimated Value: $321,000 - $353,000

4 Beds
2 Baths
2,110 Sq Ft
$161/Sq Ft Est. Value

Last Sold April 28, 2022

Last sale price $263,000 $125 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,386/month

70 Days on Market

Highlights

  • City View
  • No HOA
  • Thermal Windows
  • 1 Fireplace
  • 1 Car Detached Garage
  • Cul-De-Sac

About This Home

As of April 2022

Back on market due to buyer financing falling through. Investors, take note! 38 Columbus is two-family property that is: 1- fully rented with long-term tenants who are current with rent, 2- turn-key, and 3- part of an established neighborhood of mostly single-family homes. Each unit is incredibly spacious, with two bedrooms and over 1000 square feet. The property features a full, dry basement, detached garage, mechanicals in great shape, rebuilt chimney, and a large, level lot. The upstairs unit went through a renovation in 2021, with all-new bathroom fixtures, paint, and newer kitchen appliances. Located one mile from Wesleyan University, with great proximity to Main St. and Washington St., as well as shopping, schools, and more. Cross-listed with MLS #170476457.

Last Agent to Sell the Property

Shadia Goldstein

William Raveis Real Estate License #RES.0800393 Listed on: 01/18/2022

William Raveis Real Estate

Co-Listed By

Jennifer Miner

William Raveis Real Estate License #RES.0821042

Last Buyer's Agent

Maria Puorro

Puorro Realty Group License #RES.0819024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,069

Year Built

  • Built in 1956

Lot Details

  • 0.48 Acre Lot
  • Cul-De-Sac
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Masonry Siding

Interior Spaces

  • 2,110 Sq Ft Home
  • 1 Fireplace
  • Thermal Windows
  • Concrete Flooring
  • City Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Basement Hatchway

Parking

  • 1 Car Detached Garage
  • Shared Driveway
  • Off-Street Parking

Eco-Friendly Details

  • Energy-Efficient Insulation

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Hot Water Circulator
  • Fuel Tank Located in Basement

Listing and Financial Details

  • Exclusions: Washers/dryers belong to the first-floor tenant.

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $26,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,069

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2110
  • Public Record Living Room Sq Ft: 2110
  • Total Sq Ft: 2110
  • Year Built: 1956
  • Property Sub Type: 2 Family
  • Exclusions: Washers/dryers belong to the first-floor tenant.
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 4439
  • Directions: GPS friendly.
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Basement Description: Full With Hatchway, Unfinished, Concrete Floor, Interior Access, Hatchway Access
  • Laundry Room Location: Machines owned by first floor tenant.
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: No

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Detached Garage, Paved, Off Street Parking
  • Garages Number: 1
  • Driveway Type: Shared, Paved

Utilities

  • Heat Type: Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Estimated Annual Heat Cost: 2000
  • Sewer Assess Description: Water & Sewer

Condo/Co-op/Association

  • HOA: No

Green Features

  • Energy Features: Extra Insulation, Thermopane Windows

Lot Info

  • Acres: 0.4800
  • Lot Description: On Cul-De-Sac, City Views, Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: RPZ

Multi Family

  • Gross Annual Income: 26000
  • Unit Count: 2
  • Total Multi Family: 9
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 5069
  • Mil Rate Base: 35.700
  • Mil Rate Tax District: 8.300
  • Assessor Parcel Number: 1009444

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
Jan 18, 2022
Closed on
Apr 28, 2022
Sold by
Fieldstone Vineyards Llc
Bought by
Perrotti Gianni
Seller's Agent
Shadia Goldstein
William Raveis Real Estate
Buyer's Agent
Maria Puorro
Puorro Realty Group
List Price
$274,900
Sold Price
$263,000
Premium/Discount to List
-$11,900
-4.33%
Current Estimated Value
$339,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,607
Avg. Annual Appreciation
7.11%
Original Mortgage
$249,850
Outstanding Balance
$233,252
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$106,355

Purchase Details

Listed on
Aug 13, 2013
Closed on
Nov 4, 2013
Sold by
Delgaudio Lori
Bought by
Fieldstone Vineyards L
Seller's Agent
Marie Coughlin
Berkshire Hathaway NE Prop.
Buyer's Agent
Craig Milton
Re/Max Valley Shore
List Price
$239,900
Sold Price
$217,000
Premium/Discount to List
-$22,900
-9.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.30%
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
Perrotti Gianni $263,000 None Available
Fieldstone Vineyards L -- --
Fieldstone Vineyards L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perrotti Gianni $249,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/28/2022 04/28/22 Sold $263,000 -4.3% $125 / Sq Ft
03/29/2022 03/29/22 Pending -- -- --
03/24/2022 03/24/22 For Sale $274,900 0.0% $130 / Sq Ft
02/17/2022 02/17/22 Pending -- -- --
02/16/2022 02/16/22 For Sale $274,900 0.0% $130 / Sq Ft
02/04/2022 02/04/22 Pending -- -- --
01/26/2022 01/26/22 Price Changed $274,900 -8.3% $130 / Sq Ft
01/18/2022 01/18/22 For Sale $299,900 +38.2% $142 / Sq Ft
11/11/2013 11/11/13 Sold $217,000 -9.5% $106 / Sq Ft View Prior Sale
09/06/2013 09/06/13 Pending -- -- --
08/13/2013 08/13/13 For Sale $239,900 -- $117 / 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 $7,535 $193,690 $60,120 $133,570
2024 $7,128 $193,690 $60,120 $133,570
2023 $6,799 $193,690 $60,120 $133,570
2022 $5,069 $115,200 $23,210 $91,990
2021 $5,069 $115,200 $23,210 $91,990
2020 $5,092 $115,200 $23,210 $91,990
2019 $5,115 $115,200 $23,210 $91,990
2018 $5,034 $115,200 $23,210 $91,990
2017 $6,631 $156,390 $50,860 $105,530
2016 $6,443 $156,390 $50,860 $105,530
2015 $6,193 $156,390 $50,860 $105,530
2014 $6,256 $156,390 $50,860 $105,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170461513

SmartMLS

APN: MTWN-000021-000000-000153