NOT LISTED FOR SALE

42 Spring St Unit 44 Milford, CT 06460

Devon Neighborhood

Estimated Value: $420,770 - $522,000

4 Beds
2 Baths
1,951 Sq Ft
$245/Sq Ft Est. Value

Last Sold May 20, 2022

Last sale price $325,000 $167 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,018/month

34 Days on Market

Highlights

  • Property is near public transit
  • Public Transportation
  • 2-minute walk to Margaret Egan Center Park
  • Jonathan Law High School Rated A-
  • Level Lot

About This Home

As of May 2022

Best deal in Milford! Legal 2-Family Home, side by side units, near Stratford Line, Close To 95, Train Station, Restaurants, 5 min from BEACH And MUCH More! Each Unit Has 2 Bedrooms, 1 Full Bath, Living Room, Kitchen, Dining Room and basement. Ample off-street parking. Great Investment for Investor, both units are month to month. Can’t find any multi-family for this price in Milford. Showings begin 4/1/22, book your private showing today, you will not be disappointed! Multi-family being sold “as is”, with tenants. Owner agent.

Last Agent to Sell the Property

Rosanne Vargo

Mooney Real Estate, LLC License #RES.0760566 Listed on: 03/28/2022

Last Buyer's Agent

Carl Surrusco

William Raveis Real Estate License #RES.0767585

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,674

Year Built

  • Built in 1930

Lot Details

  • 5,663 Sq Ft Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • 1,951 Sq Ft Home
  • Side-by-Side
  • Concrete Foundation
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Schools

  • J. F. Kennedy Elementary School
  • Jonathan Law High School

Utilities

  • Heating System Uses Natural Gas
  • Fuel Tank Located in Basement

Community Details

  • 2 Units
  • Public Transportation

Listing and Financial Details

  • Assessor Parcel Number 1200346

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,674

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Neighborhood: Devon
  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 1951
  • Total Sq Ft: 1951
  • Year Built: 1930
  • New Construction: No/Resale
  • Nearby Amenities: Basketball Court, Commuter Bus, Park, Playground/Tot Lot, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 3187
  • Directions: Bridgeport Ave to Spring Street
  • Financing Used: Conventional Fixed
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement Description: Full With Hatchway
  • Laundry Room Location: Basement
  • Laundry Room Info: All Units Have Hook-Ups, Basement Hook-Up(s)
  • Attic: No

Exterior Features

  • Exterior Siding: Aluminum
  • Foundation Type: Block, Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Driveway Type: Crushed Stone
  • Garage And Parking: Off Street Parking

Utilities

  • Cooling System: None
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: In Basement
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Lot Info

  • Acres: 0.13
  • Lot Description: Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R5
  • Parcel #: 1200346

Multi Family

  • Total Number Of Units: 2
  • Unit Count: 2

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 4674

MLS Schools

  • Elementary School: J. F. Kennedy
  • High School: Jonathan Law

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2022
Closed on
May 19, 2022
Sold by
Vargo Robert and Vargo Rosanne
Bought by
Li Xing
Seller's Agent
Rosanne Vargo
Mooney Real Estate, LLC
Buyer's Agent
Carl Surrusco
William Raveis Real Estate
List Price
$309,900
Sold Price
$325,000
Premium/Discount to List
$15,100
4.87%
Current Estimated Value
$478,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,693
Avg. Annual Appreciation
11.91%
Original Mortgage
$243,750
Outstanding Balance
$231,557
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$247,136

Purchase Details

Closed on
Jul 16, 2002
Sold by
Shunda Stephen and Shunda Pamela J
Bought by
Vargo Robert and Vargo Roseanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,890
Interest Rate
6.79%
Source: Public Records

Range of Values:

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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
Li Xing $325,000 None Available
Li Xing $325,000 None Available
Vargo Robert $140,000 --
Vargo Robert $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Xing $243,750
Closed Li Xing $243,750
Previous Owner Vargo Robert $119,900
Previous Owner Vargo Robert $208,990
Previous Owner Vargo Robert $127,890
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2022 05/20/22 Sold $325,000 +4.9% $167 / Sq Ft
05/06/2022 05/06/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $309,900 -- $159 / 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 $6,088 $206,040 $72,910 $133,130
2024 $6,004 $206,040 $72,910 $133,130
2023 $5,598 $206,040 $72,910 $133,130
2022 $5,491 $206,040 $72,910 $133,130
2021 $4,674 $169,030 $49,780 $119,250
2020 $4,679 $169,030 $49,780 $119,250
2019 $4,851 $169,030 $49,780 $119,250
2018 $4,689 $169,030 $49,780 $119,250
2017 $4,697 $169,030 $49,780 $119,250
2016 $5,084 $182,630 $49,780 $132,850
2015 $5,092 $182,630 $49,780 $132,850
2014 $4,971 $182,630 $49,780 $132,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170476383

SmartMLS

APN: MILF-000018-000010-000025