NOT LISTED FOR SALE

38 Summer St Meriden, CT 06451

Estimated Value: $445,399 - $484,000

8 Beds
3 Baths
3,831 Sq Ft
$120/Sq Ft Est. Value

Last Sold May 26, 2022

Last sale price $339,000 $88 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,894/month

6 Days on Market

Highlights

  • City View
  • Corner Lot
  • 2 Car Attached Garage
  • Attic
  • No HOA
  • Private Driveway

About This Home

As of May 2022

ATTENTION INVESTORS OR OWNER OCCUPANTS. This 3-family home is WELL MAINTAINED & UPDATED. With over 3,800 sq ft of total living space, 2 bedrooms on the first floor, and 3 bedrooms on the 2nd and 3rd floors. Complete with a dry basement perfect for storage and a 2-Car Attached Garage. Total monthly income $4000. You don't want to miss this! Schedule a showing today. Agent/Owner.

Last Agent to Sell the Property

Yvonne Bailey

I'Lann Realty, LLC License #REB.0794372 Listed on: 03/17/2022

Last Buyer's Agent

Monica Barzola

Premier Properties of CT License #RES.0805273

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,778

Year Built

  • Built in 1910

Lot Details

  • 4,356 Sq Ft Lot
  • Corner Lot

Home Design

  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 3,831 Sq Ft Home
  • City Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Private Driveway

Location

  • Flood Zone Lot

Utilities

  • Radiator
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,778

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Neighborhood: South Meriden
  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 3831
  • Public Record Living Room Sq Ft: 3831
  • Total Sq Ft: 3831
  • Year Built: 1910
  • Remarks Public Addendum: AGENTS: Multiple Offers.
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: GPS to 38 Summer St, Meriden CT 06451
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Full, Unfinished
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: Yes

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2
  • Driveway Type: Private, Paved

Utilities

  • Heat Type: Radiator
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.1000
  • Lot Description: City Views, Corner Lot
  • Elevation Certificate: No
  • Flood Zone: Yes
  • Zoning: R-2

Multi Family

  • Unit Count: 3
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 4778
  • Mil Rate Base: 40.860
  • Mil Rate Tax District: 2.670
  • Assessor Parcel Number: 1178994

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2022
Sold by
Gauna Freddi A and Delacruz Jennifer R
Bought by
Nica Ct Llc
Current Estimated Value
$458,600

Purchase Details

Closed on
May 11, 2021
Sold by
Ilann Investments Llc
Bought by
Bailey Yvonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,200
Interest Rate
3%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 6, 2020
Sold by
Illan Investments 1 Llc
Bought by
Gauna Freddi A and Delacruz Jennifer R

Purchase Details

Closed on
Aug 2, 2018
Sold by
Ilann Investments Llc
Bought by
Ilann Investments 1 Ll

Purchase Details

Closed on
Jul 5, 2017
Sold by
Bailey Yvonne
Bought by
Ilann Investments Llc

Purchase Details

Closed on
Aug 5, 2016
Sold by
Wells Fargo Bank Na
Bought by
Bailey Yvonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
12%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 28, 2014
Sold by
Mcgregor Reginald O
Bought by
Wells Fargo Bank Na Tr

Purchase Details

Closed on
Nov 4, 2003
Sold by
Mcgarry Robert M and Mcgarry Vivienne V
Bought by
Vega Gedulio and Vega Aida

Purchase Details

Closed on
Nov 1, 2002
Sold by
Souliotes Helen B
Bought by
Mcgregor Reginald O and Brundt Marie E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nica Ct Llc -- None Available
Nica Ct Llc -- None Available
Bailey Yvonne -- None Available
Bailey Yvonne -- None Available
Gauna Freddi A $339,000 None Available
Gauna Freddi A $339,000 None Available
Ilann Investments 1 Ll -- --
Ilann Investments 1 Ll -- --
Ilann Investments Llc -- --
Ilann Investments Llc -- --
Bailey Yvonne $110,000 --
Wells Fargo Bank Na Tr -- --
Wells Fargo Bank Na Tr -- --
Vega Gedulio $105,000 --
Vega Gedulio $105,000 --
Mcgregor Reginald O $150,000 --
Mcgregor Reginald O $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bailey Yvonne $214,200
Previous Owner Mcgregor Reginald O $126,000
Previous Owner Mcgregor Reginald O $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2022 05/26/22 Sold $339,000 0.0% $88 / Sq Ft
05/07/2022 05/07/22 Price Changed $339,000 +1.2% $88 / Sq Ft
04/29/2022 04/29/22 For Sale $335,000 0.0% $87 / Sq Ft
03/23/2022 03/23/22 Pending -- -- --
03/17/2022 03/17/22 For Sale $335,000 -- $87 / Sq Ft
Source: SmartMLS

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 $6,085 $160,510 $22,960 $137,550
2024 $6,181 $160,510 $22,960 $137,550
2023 $5,958 $160,510 $22,960 $137,550
2022 $5,621 $160,510 $22,960 $137,550
2021 $4,778 $109,760 $17,430 $92,330
2020 $4,765 $109,760 $17,430 $92,330
2019 $4,724 $109,760 $17,430 $92,330
2018 $4,743 $109,760 $17,430 $92,330
2017 $4,617 $109,760 $17,430 $92,330
2016 $5,522 $139,090 $30,030 $109,060
2015 $5,384 $138,880 $29,820 $109,060
2014 $5,254 $138,880 $29,820 $109,060
Source: Public Records

Agents Affiliated with this Home

  • Yvonne Bailey

    Seller's Agent in 2022

    Yvonne Bailey

    I'Lann Realty, LLC

    (860) 930-4050

    27 in this area

    62 Total Sales

    Yvonne Bailey
    Section Image
  • Monica Barzola

    Buyer's Agent in 2022

    Monica Barzola

    Premier Properties of CT

    (860) 810-6748

    2 in this area

    60 Total Sales

    Monica Barzola
    Section Image
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Map

Source: SmartMLS

MLS Number: 170474384

SmartMLS

APN: MERI-000118-000071-000006A

Connecticut New Haven County Meriden 06451

38 Summer St, Meriden, CT

Not Listed for Sale

MultiFamily

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