$475,000
SOLD MAY 7, 2025

48 Jackson St Middletown, CT 06457

6 Beds
3 Baths
2,769 Sq Ft
0.29 Acres

Recently Sold

$172 Per Sq Ft

6% Above List Price

40 Days on Market

About This Home

As of May 2025

Attention investors!! Rare gem in Middletown, this three-family home offers a unique layout in a prime location. Both first and third floors feature charming front porches overlooking a quiet cul-de-sac of only 4 homes, while the third unit spans two floors with a private rear entrance. Currently fully occupied, the property has excellent income potential, especially with its proximity to Wesleyan University, making it ideal for off campus rentals. It also presents a fantastic future opportunity for multi-generational living. With ample parking, easy access to public transportation, and close proximity to downtown, restaurants, and shopping, this is an investment you don't want to miss! B&H 3/27 @7

Last Agent to Sell the Property

Sacha Armstrong

William Pitt Sotheby's Internatiomal Realty License #RES.0804343 Listed on: 03/14/2025

Last Buyer's Agent

Meagan Albert

Tier 1 Real Estate License #REB.0794040

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,812

Year Built

  • Built in 1900

Lot Details

  • 0.29 Acre Lot
  • Cul-De-Sac

Home Design

  • 2,769 Sq Ft Home
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Stucco Exterior

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Basement

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

Schools

  • Middletown High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiator
  • Heating System Uses Oil
  • Fuel Tank Located in Basement

Community Details

  • 3 Units
  • Gross Income $59,400

Listing and Financial Details

  • Assessor Parcel Number 1009910

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,812

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Other
  • Sq Ft Est Heated Above Grade: 2769
  • Total Sq Ft: 2769
  • Year Built: 1900
  • New Construction: No/Resale
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Directions: gps friendly
  • Financing Used: Withheld
  • Living Area Sq Ft Per Public Record: 2769
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement Description: Full
  • Laundry Room Location: basement
  • Attic: No
  • Street Number Modifier: 48

Exterior Features

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

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: Wall Unit
  • Heat Type: Radiator
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

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

Lot Info

  • Acres: 0.29
  • Lot Description: On Cul-De-Sac
  • Zoning: MXC
  • Parcel #: 1009910

Multi Family

  • Gross Annual Income: 59400
  • Total Number Of Units: 3

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 7812
  • Total Assessed Value: 212290
  • Mil Rate Total: 30.1

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2025
Closed on
May 23, 2025
Sold by
Mcgrath James J
Bought by
48 Jackson Street Llc
Seller's Agent
Sacha Armstrong
William Pitt Sotheby's Internatiomal Realty
Buyer's Agent
Meagan Albert
Tier 1 Real Estate
List Price
$449,000
Sold Price
$475,000
Premium/Discount to List
$26,000
5.79%
Views
91
Current Estimated Value
$470,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,929
Avg. Annual Appreciation
-3.11%
Original Mortgage
$328,500
Outstanding Balance
$327,922
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$142,149

Purchase Details

Listed on
Mar 14, 2025
Closed on
May 7, 2025
Sold by
Hamlett Nakia
Bought by
Mcgrath James J
Seller's Agent
Sacha Armstrong
William Pitt Sotheby's Internatiomal Realty
Buyer's Agent
Meagan Albert
Tier 1 Real Estate
List Price
$449,000
Sold Price
$475,000
Premium/Discount to List
$26,000
5.79%
Views
91

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,500
Outstanding Balance
$327,922
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$142,149

Purchase Details

Listed on
Mar 24, 2018
Closed on
Jul 2, 2018
Sold by
Mucci Vincenza S and Lomartra John A
Bought by
Hamlett Nakia
Seller's Agent
Gary Garofalo
Hagel & Assoc. Real Estate
Buyer's Agent
Patrick Savarese
LPT Realty
List Price
$179,900
Sold Price
$150,000
Premium/Discount to List
-$29,900
-16.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.30%
Original Mortgage
$112,500
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed $475,000 None Available
Warranty Deed $475,000 None Available
Warranty Deed $150,000 --
Warranty Deed $150,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $328,500 Purchase Money Mortgage
Closed $328,500 Stand Alone Refi Refinance Of Original Loan
Previous Owner $191,250 Stand Alone Refi Refinance Of Original Loan
Previous Owner $112,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2025 05/07/25 Sold $475,000 +5.8% $172 / Sq Ft
04/28/2025 04/28/25 Pending -- -- --
03/18/2025 03/18/25 For Sale $449,000 +199.3% $162 / Sq Ft
06/29/2018 06/29/18 Sold $150,000 -11.7% $54 / Sq Ft
04/04/2018 04/04/18 Pending -- -- --
04/03/2018 04/03/18 Price Changed $169,900 -5.6% $61 / Sq Ft
03/24/2018 03/24/18 For Sale $179,900 -- $65 / 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 $7,812 $212,290 $61,520 $150,770
2023 $7,451 $212,290 $61,520 $150,770
2022 $6,307 $143,330 $41,010 $102,320
2021 $6,307 $143,330 $41,010 $102,320
2020 $6,335 $143,330 $41,010 $102,320
2019 $6,364 $143,330 $41,010 $102,320
2018 $6,326 $144,760 $41,010 $103,750
2017 $5,846 $137,880 $38,810 $99,070
2016 $5,681 $137,880 $38,810 $99,070
2015 $5,460 $137,880 $38,810 $99,070
2014 $5,515 $137,880 $38,810 $99,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24080879

SmartMLS

APN: MTWN-000021-000000-000106