NOT LISTED FOR SALE

42 Spring St Middletown, CT 06457

Estimated Value: $334,000 - $398,000

4 Beds
3.5 Baths
3,582 Sq Ft
$104/Sq Ft Est. Value

Last Sold May 25, 2018

Last sale price $219,000 $61 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $2,804/month

169 Days on Market

Highlights

  • Attic
  • No HOA
  • Storm Windows
  • Corner Lot
  • 2 Car Detached Garage
  • Zoned Heating

About This Home

As of May 2018

Money maker in good condition. New Roof in 2012. New water heater in 2014. One furnace services 3 unit. Electric heat in others.
Potential for additional units.

Last Agent to Sell the Property

Barbara Puorro

Puorro Realty Group License #REB.0790701 Listed on: 09/27/2017

Last Buyer's Agent

rob link

Sterling REALTORS License #REB.0792282

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,688

Year Built

  • Built in 1879

Lot Details

  • 7,405 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Masonry

Interior Spaces

  • 3,582 Sq Ft Home
  • Walkup Attic

Bedrooms and Bathrooms

  • 4 Bedrooms

Unfinished Basement

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

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 2 Car Detached Garage
  • Private Driveway
  • Off-Street Parking

Location

  • Property is near bus stop

Schools

  • Middletown High School

Utilities

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

Listing and Financial Details

  • Exclusions: electric heat

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Gross Income $45,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,688

Year Built

Built in 1879

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 3582
  • Public Record Living Room Sq Ft: 3582
  • Total Sq Ft: 3582
  • Year Built: 1879
  • Nearby Amenities: Medical Facilities, Walk to Bus Lines
  • Property Sub Type: 3 Family
  • Exclusions: electric heat
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 6080
  • Directions: High St to Spring Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Attic Description: Walk-up
  • Basement Description: Full With Hatchway, Unfinished, Interior Access, Hatchway Access
  • Attic: Yes

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Detached Garage, Assigned Parking, Off Street Parking
  • Garages Number: 2
  • Driveway Type: Private, Asphalt

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard, Hot Water, Zoned
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Green Features

  • Energy Features: Storm Doors, Storm Windows

Lot Info

  • Acres: 0.1700
  • Lot Description: Corner Lot, Level Lot
  • Zoning: RPZ

Multi Family

  • Gross Annual Income: 45600
  • Unit Count: 3
  • Total Multi Family: 14
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 6688
  • Mil Rate Base: 33.900
  • Mil Rate Tax District: 8.500
  • Assessor Parcel Number: 1007250

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2017
Closed on
May 29, 2018
Sold by
Franco Phillip S and Avila Barbara J
Bought by
Charton Stephen L
Seller's Agent
Barbara Puorro
Puorro Realty Group
Buyer's Agent
rob link
Sterling REALTORS
List Price
$219,000
Sold Price
$219,000
Current Estimated Value
$373,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,667
Avg. Annual Appreciation
7.27%
Original Mortgage
$211,690
Outstanding Balance
$182,146
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$191,521

Purchase Details

Closed on
Feb 15, 2012
Sold by
Avila Barbara J
Bought by
Tobin Patricia A
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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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
Charton Stephen L $146,000 --
Charton Stephen L $73,000 --
Tobin Patricia A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Charton Stephen L $211,690
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2018 05/25/18 Sold $219,000 0.0% $61 / Sq Ft
03/15/2018 03/15/18 Pending -- -- --
09/27/2017 09/27/17 For Sale $219,000 -- $61 / 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 $10,223 $262,810 $45,550 $217,260
2024 $9,671 $262,810 $45,550 $217,260
2023 $9,225 $262,810 $45,550 $217,260
2022 $6,890 $156,580 $16,600 $139,980
2021 $6,890 $156,580 $16,600 $139,980
2020 $6,921 $156,580 $16,600 $139,980
2019 $6,952 $156,580 $16,600 $139,980
2018 $6,843 $156,580 $16,600 $139,980
2017 $6,688 $157,740 $33,710 $124,030
2016 $6,499 $157,740 $33,710 $124,030
2015 $6,247 $157,740 $33,710 $124,030
2014 $6,310 $157,740 $33,710 $124,030
Source: Public Records

Agents Affiliated with this Home

  • Barbara Puorro

    Seller's Agent in 2018

    Barbara Puorro

    Puorro Realty Group

    (860) 558-9740

    26 Total Sales

    Barbara Puorro
    Section Image
  • rob link

    Buyer's Agent in 2018

    rob link

    Sterling REALTORS

    (860) 593-2760

    31 Total Sales

    rob link
    Section Image
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Map

Source: SmartMLS

MLS Number: 170019460

SmartMLS

APN: MTWN-000020-000000-000135

Connecticut Middlesex County Middletown 06457

42 Spring St, Middletown, CT

Not Listed for Sale

MultiFamily

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