NOT LISTED FOR SALE

42 Spring St Middletown, CT 06457

Estimated Value: $331,000 - $391,000

4 Beds
3.5 Baths
3,582 Sq Ft
$103/Sq Ft Est. Value

Last Sold May 25, 2018

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

Est. 68% increase in value since last sale

Current estimated payment $2,863/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 Listed By

Barbara Puorro

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

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 a 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
  • Street Number Modifier: 42

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

Schools

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

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
  • Total Assessed Value: 157740
  • Mil Rate Base: 33.900
  • Mil Rate Tax District: 8.500
  • Mil Rate Total: 42.400
  • 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
Total Days on Market
169
Current Estimated Value
$367,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,333
Avg. Annual Appreciation
9.24%
Original Mortgage
$211,690
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 15, 2012
Sold by
Avila Barbara J
Bought by
Tobin Patricia A

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in Middletown, CT

  • 35 Clinton Ave, Middletown, CT 06457

    $379,000

    • 6 Beds
    • 3 Baths
    • 2,480 Sq Ft
    • 35 Clinton Ave
    • Middletown, CT

    **OPPORTUNITY**Sidewalk lined neighborhood with this well cared for 3 family home resting at the end of the street! Fully fenced, large, covered patio in the backyard, plenty of paved off street parking, detached 3 car garage & more! Lower level is unfinished, great for storage & laundry! All units feature 2 bedrooms, 1 full bath, kitchen & living room! 1st floor with a covered porch & 2nd floor

    Eugene Kirouac Premier Re Group LLC

    Section Image
  • 23 Portland St, Middletown, CT 06457

    $360,000

    • 6 Beds
    • 3 Baths
    • 2,622 Sq Ft
    • 23 Portland St
    • Middletown, CT

    This is a fantastic, possible owner-occupied investment opportunity! This spacious 3 family house with back yard is available now, in heart of downtown Middletown. The 2nd and 3rd floors are already rented, providing immediate income. The 2nd-floor kitchen has been recently renovated with updated counters and cabinets. Each unit has separate electrical panels, boilers, and water heaters, all of

    Sacha Armstrong William Pitt Sotheby's Int'l

    Section Image
  • 71 E Main St, Middletown, CT 06457

    $299,000

    • 6 Beds
    • 3.5 Baths
    • 3,110 Sq Ft
    • 71 E Main St
    • Middletown, CT

    This four unit brick building sits on a corner lot within very close proximity to downtown Middletown. A vacant commercial space on the ground level provides a potential owner operator with tremendous opportunity. Three residential units fill the upper two floors including a one bedroom, two bedroom, and three bedroom apartment. The commercial space was once operated as a bar/restaurant and

    Connor Wenchell VC Property Group, LLC

    Section Image
  • 24 Burr Ave, Middletown, CT 06457

    $439,000

    • 6 Beds
    • 3 Baths
    • 1,964 Sq Ft
    • 24 Burr Ave
    • Middletown, CT

    Welcome to this Beautifully Renovated 3 Family Home. Nestled in the heart of Middletown. This property is perfect for investors or Owner-Occupant. Looking for a turnkey property look no further! Conveniently situated near downtown Middletown, Middlesex Hospital and Wesleyan University.This property offers, easy access to shopping, dining, and entertainment.Newer siding and windows in 2010,Roof

    Shari Jones Coldwell Banker Realty

    Section Image
  • 100 Saybrook Rd, Middletown, CT 06457

    $425,000

    • 5 Beds
    • 4 Baths
    • 2,136 Sq Ft
    • 100 Saybrook Rd
    • Middletown, CT

    Located in a prime area with easy access to local amenities, public transportation, and major highways, this property presents a unique opportunity for both seasoned investors and those looking to start their real estate journey. This well-maintained multi-family property offers a fantastic investment opportunity in a desirable location. Boasting four spacious apartments, each unit is designed

    Ashley Chaia Oxford Realty

    Section Image

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 $205,733
Closed Charton Stephen L $207,532
Closed Charton Stephen L $211,690
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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

  • Section Image
  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170019460

SmartMLS

APN: MTWN-000020-000000-000135