Seller's Agent in 2021
Maddy Ceruti
Century 21 AllPoints Realty
(860) 559-0978
147 Total Sales
399 Dekoven Dr Middletown, CT 06457
16
Beds
6
Baths
8,320
Sq Ft
0.29
Acre Lot
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 2021Rare, 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
Century 21 AllPoints Realty License #RES.0813001 Listed on: 10/20/2021
Last Buyer's Agent
Century 21 AllPoints Realty License #RES.0813001 Listed on: 10/20/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,517
Year Built
- Built in 1889
Lot Details
- 12,632 Sq Ft 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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 28, 2022
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Interest Rate
0.0392%
Mortgage Type
Commercial
Purchase Details
Listed on
Oct 20, 2021
Closed on
Dec 20, 2021
Sold by
Bought by
Seller's Agent
Maddy Ceruti
Century 21 AllPoints Realty
Buyer's Agent
Maddy Ceruti
Century 21 AllPoints Realty
List Price
$599,000
Sold Price
$513,000
Premium/Discount to List
-$86,000
-14.36%
Purchase Details
Closed on
May 6, 2016
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
0.0371%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 25, 2010
Sold by
Bought by
Purchase Details
Closed on
Nov 8, 1996
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
0.01%
Mortgage Type
Commercial
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Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $810,000 | None Available | ||
| $513,000 | None Available | ||
| $280,000 | -- | ||
| $360,000 | -- | ||
| $40,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $595,000 | ||
| Closed | $40,000 | ||
| Closed | $252,000 | ||
| Closed | $70,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $20,652 | $530,900 | $95,800 | $435,100 |
| 2024 | $19,537 | $530,900 | $95,800 | $435,100 |
| 2023 | $18,635 | $530,900 | $95,800 | $435,100 |
| 2022 | $8,517 | $193,570 | $62,480 | $131,090 |
| 2021 | $8,517 | $193,570 | $62,480 | $131,090 |
| 2020 | $8,556 | $193,570 | $62,480 | $131,090 |
| 2019 | $8,595 | $193,570 | $62,480 | $131,090 |
| 2018 | $8,459 | $193,570 | $62,480 | $131,090 |
| 2017 | $10,131 | $238,930 | $62,480 | $176,450 |
| 2016 | $9,844 | $238,930 | $62,480 | $176,450 |
| 2015 | $9,462 | $238,930 | $62,480 | $176,450 |
| 2014 | $9,557 | $238,930 | $62,480 | $176,450 |
Source: Public Records
Agents Affiliated with this Home
-
Maddy Ceruti
-
Alexa Ford
Seller Co-Listing Agent in 2021
Alexa Ford
Eagle Eye Realty PLLC
(860) 378-5165
12 Total Sales
Map
Source: SmartMLS
MLS Number: 170446758
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.
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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