NOT LISTED FOR SALE

399 Dekoven Dr Middletown, CT 06457

16 Beds
6 Baths
8,320 Sq Ft
0.29 Acres

Last Sold December 29, 2021

Last sale price $513,000 $62 Per Sq Ft

34 Days on Market

Highlights

  • Water Views
  • Corner Lot
  • 3 Car Detached Garage
  • Property is near public transit
  • No HOA
  • Tankless Water Heater

About This Home

As of December 2021

Rare, large 6-unit property walking distance to downtown Middletown! Over $70,000 in improvements has been completed and value to still be created with this property. 5 of the 6 units are currently occupied. 1 unit needs repairs ($7-10k). The property features four, 3-bedroom and two, 2-bedroom units with ample off-street parking and tenant paid utilities! Updates include 3 new high-efficiency tankless boilers installed in 2019, unit upgrades including kitchen and bathroom renovations in multiple units. See attachment for the full update list. Value add potential with rent increases and cosmetic upgrades. This property will be a great long-term income producer for the next owner!

Last Agent to Sell the Property

Maddy Ceruti

Century 21 AllPoints Realty License #RES.0813001 Listed on: 10/20/2021

Century 21 AllPoints Realty

Co-Listed By

Alexa Ford

Berkshire Hathaway NE Prop. License #RES.0819642

Last Buyer's Agent

Maddy Ceruti

Century 21 AllPoints Realty License #RES.0813001 Listed on: 10/20/2021

Century 21 AllPoints Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,517

Year Built

  • Built in 1889

Lot Details

  • 0.29 Acre Lot
  • Corner Lot
  • Level Lot

Home Design

  • Side-by-Side
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • 8,320 Sq Ft Home
  • Water Views
  • Unfinished Basement
  • Basement Storage

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 6 Full Bathrooms

Parking

  • 3 Car Detached Garage
  • Driveway

Location

  • Property is near public transit

Schools

  • Farm Hill Elementary School
  • Middletown High School

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Hot Water Circulator

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,517

Year Built

Built in 1889

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors, Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 8320
  • Public Record Living Room Sq Ft: 8320
  • Total Sq Ft: 8320
  • Year Built: 1889
  • Nearby Amenities: Medical Facilities, Park, Public Transportation
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 13909
  • Directions: Main St to deKoven
  • Special Features: None

Interior Features

  • Total Bedrooms: 16
  • Total Bathrooms: 6.00
  • Full Bathrooms: 6
  • Basement Description: Unfinished, Storage
  • Attic: No
  • Street Number Modifier: 399

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Detached Garage, Paved, Driveway
  • Garages Number: 3

Utilities

  • Cooling System: Window Unit
  • Heat Type: Hot Water
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Tankless Hotwater
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Farm Hill
  • High School: Middletown

Lot Info

  • Acres: 0.2900
  • Lot Description: Water View, Corner Lot, Level Lot
  • Zoning: B-1

Multi Family

  • Unit Count: 6
  • Total Multi Family: 28
  • Total Num Of Units: 6

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 8517
  • Total Assessed Value: 193570
  • Mil Rate Base: 35.700
  • Mil Rate Tax District: 8.300
  • Mil Rate Total: 44.000
  • Assessor Parcel Number: 1012135

MLS Schools

  • Elementary School: Farm Hill
  • High School: Middletown

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
12/29/2021 12/29/21 Sold $513,000 -14.4% $62 / Sq Ft
10/20/2021 10/20/21 For Sale $599,000 -- $72 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Maddy Ceruti

    Seller's Agent in 2021

    Maddy Ceruti

    Century 21 AllPoints Realty

    (860) 559-0978

    146 Total Sales

    Maddy Ceruti
    Section Image

  • A

    Seller Co-Listing Agent in 2021

    Alexa Ford

    Berkshire Hathaway Home Services

    Section Image
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Map

Source: SmartMLS

MLS Number: 170446758

SmartMLS

Connecticut Middlesex County Middletown 06457

399 Dekoven Dr, Middletown, CT

This home is located at 399 Dekoven Dr, Middletown, CT 06457 since 20 October 2021. This property was built in 1889. 399 Dekoven Dr 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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