NOT LISTED FOR SALE

44 Washington St Middletown, CT 06457

Estimated Value: $510,747

6 Beds
4 Baths
4,108 Sq Ft
$124/Sq Ft Est. Value

Last Sold January 18, 2024

Last sale price $450,000 $110 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,364/month

73 Days on Market

Highlights

  • Property is near public transit
  • Enclosed Patio or Porch
  • Central Air
  • Attic
  • Public Transportation
  • Baseboard Heating

About This Home

As of January 2024

Fantastic fully occupied downtown location with high daily traffic count. 17 deeded parking spots included with the property. Monthly income of $4,300, with tenants in the second and third floor apartments paying all utilities. Great tenants that pay on time. First floor commercial office space completely renovated and currently occupied by a real estate brokerage. Second floor apartment has been professionally lead abated and all documentation will transfer to the new owner. Completely separated utilities with the electrical recently upgraded. New water and sewer lines to the street. Cash, commercial loan, or owner financing only. Owner financing possible for experienced investor with half down. Owner/agent related.

Last Agent to Sell the Property

Heather Smith

Our Home Realty Advisors License #REB.0791979 Listed on: 08/24/2023

Last Buyer's Agent

Barbara Altieri

Coldwell Banker Realty License #REB.0757359

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,508

Year Built

  • Built in 1784

Lot Details

  • 9,148

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding
  • Masonry

Interior Spaces

  • 4,108 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated
  • Smart Thermostat

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • 17 Parking Spaces
  • Driveway

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Central Air
  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Oil
  • Oil Water Heater
  • Fuel Tank Located in Basement

Additional Features

  • Enclosed Patio or Porch
  • 9,148 Sq Ft Lot

Community Details

  • 3 Units
  • Public Transportation
  • Gross Income $55,800

Listing and Financial Details

  • Assessor Parcel Number 1014796

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,508

Year Built

Built in 1784

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors, 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 4108
  • Total Sq Ft: 4108
  • Year Built: 1784
  • New Construction: No/Resale
  • Nearby Amenities: Library, Public Transportation, Shopping/Mall
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 6588
  • Directions: Use GPS.
  • Financing Used: Cash
  • Living Area Sq Ft Per Public Record: 4108
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Attic Description: Access Via Hatch
  • Basement Description: Full
  • Laundry Room Location: 2nd and 3rd fl apts have laundry in unit
  • Laundry Room Info: Hook-Up In Unit 2, Hook-Up In Unit 3, Washer/Dryer Some Units
  • Attic: Yes
  • Home Automation: Thermostat(s)
  • Street Number Modifier: 44

Exterior Features

  • Exterior Features: Porch-Enclosed
  • Exterior Siding: Aluminum
  • Foundation Type: Masonry, Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: River View Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Driveway Type: Paved
  • Total Parking Spaces: 17
  • Garage And Parking: Paved, Parking Lot

Utilities

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

Schools

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

Lot Info

  • Acres: 0.21
  • Lot Description: City Views Water View
  • Zoning: B-1
  • Parcel #: 1014796

Multi Family

  • Gross Annual Income: 55800
  • Net Operating Income: 42226
  • Total Number Of Units: 3
  • Unit Count: 4

Tax Info

  • Property Tax: 7508
  • Total Assessed Value: 213910
  • Mil Rate Total: 35.1

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2023
Closed on
Jan 17, 2024
Sold by
Smith Douglas
Bought by
Tapia Carlos G
Seller's Agent
Heather Smith
Our Home Realty Advisors
Buyer's Agent
Barbara Altieri
Coldwell Banker Realty
List Price
$474,900
Sold Price
$450,000
Premium/Discount to List
-$24,900
-5.24%
Views
370
Current Estimated Value
$510,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,747
Avg. Annual Appreciation
6.18%

Purchase Details

Closed on
May 7, 2010
Sold by
Tine Diane F
Bought by
Green Grass Re Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
4.39%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Tapia Carlos G $450,000 None Available
Tapia Carlos G $450,000 None Available
Green Grass Re Llc $400,000 --
Green Grass Re Llc $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Green Grass Re Llc $375,000
Previous Owner Green Grass Re Llc $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2024 01/18/24 Sold $450,000 -5.2% $110 / Sq Ft
11/05/2023 11/05/23 Pending -- -- --
08/24/2023 08/24/23 For Sale $474,900 +137.5% $116 / Sq Ft
06/19/2018 06/19/18 Sold $200,000 0.0% $49 / Sq Ft
04/26/2018 04/26/18 Pending -- -- --
04/11/2018 04/11/18 For Sale $200,000 0.0% $49 / Sq Ft
03/24/2018 03/24/18 Off Market $200,000 -- --
03/23/2018 03/23/18 For Sale $200,000 0.0% $49 / Sq Ft
03/20/2018 03/20/18 Off Market $200,000 -- --
01/22/2018 01/22/18 For Sale $200,000 -- $49 / 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 $7,872 $213,910 $83,770 $130,140
2023 $7,508 $213,910 $83,770 $130,140
2022 $7,159 $162,700 $72,840 $89,860
2021 $7,159 $162,700 $72,840 $89,860
2020 $7,191 $162,700 $72,840 $89,860
2019 $7,224 $162,700 $72,840 $89,860
2018 $7,110 $162,700 $72,840 $89,860
2017 $6,411 $151,210 $72,840 $78,370
2016 $7,164 $173,890 $72,840 $101,050
2015 $6,886 $173,890 $72,840 $101,050
2014 $6,956 $173,890 $72,840 $101,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170593683

SmartMLS

APN: MTWN-000022-000000-000545