NOT LISTED FOR SALE

48 Oak St Meriden, CT 06450

Estimated Value: $297,720 - $373,000

6 Beds
2 Baths
2,237 Sq Ft
$153/Sq Ft Est. Value

Last Sold October 28, 2024

Last sale price $310,000 $139 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,295/month

74 Days on Market

Highlights

  • Deck
  • Attic
  • Central Air

About This Home

As of October 2024

Attention Investors! Looking to broaden your rental profile or enter into the world of rental investments? This property is a perfect opportunity for you! Let your imagination and creativity guide you through this historically charming home and put your talents and ideas to work to make this home shine. Currently zoned a 2-Family home with 3 bedrooms and 1 full bath in each unit the possibility exists to convert this home into a 3-Family with an additional 1 bedroom 1 full bath unit on the third level. Cozy back yard with deck and level lawn area great for picnics. Home is currently fully owner occupied with no rental history or active leases in place. Schedule your viewing today! Home is being sold 'as is' and will not qualify for FHA financing.

Last Agent to Sell the Property

Caroline Andrukiewicz

Maier Real Estate License #RES.0821093 Listed on: 08/15/2024

Last Buyer's Agent

Ruth Lara Deane

Seer Realty License #REB.0793782

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,828

Year Built

  • Built in 1900

Lot Details

  • 6,970

Home Design

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

Interior Spaces

  • 2,237 Sq Ft Home
  • Partial Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Attic

  • Walkup Attic
  • Partially Finished Attic

Parking

  • 3 Parking Spaces
  • Parking Deck
  • Driveway

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Fuel Tank Located in Basement

Additional Features

  • Deck
  • 6,970 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 1168250

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,828

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2237
  • Total Sq Ft: 2237
  • Year Built: 1900
  • New Construction: No/Resale
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Directions: Broad St. (RT 5) to Olive Street to Oak Street. Home is on the left
  • Financing Used: Conventional Fixed
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Attic Description: Partially Finished, Walk-up
  • Basement Description: Partial, Partial With Hatchway
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: Yes

Exterior Features

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

Garage/Parking

  • Driveway Type: Paved
  • Total Parking Spaces: 3
  • Garage And Parking: None, Driveway

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas, Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Lot Info

  • Acres: 0.16
  • Lot Description: N/A
  • Zoning: R-2
  • Parcel #: 1168250

Multi Family

  • Total Number Of Units: 2

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 4828

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 15, 2024
Closed on
Oct 28, 2024
Sold by
Hoffman James
Bought by
Castelan Prop Llc
Seller's Agent
Caroline Andrukiewicz
Maier Real Estate
Buyer's Agent
Ruth Lara Deane
Seer Realty
List Price
$300,000
Sold Price
$310,000
Premium/Discount to List
$10,000
3.33%
Views
50
Current Estimated Value
$365,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,338
Avg. Annual Appreciation
8.22%
Original Mortgage
$232,500
Outstanding Balance
$229,933
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$112,247

Purchase Details

Listed on
Feb 8, 2014
Closed on
Aug 19, 2014
Sold by
Cruess Donald E
Bought by
Hoffman James
Seller's Agent
Raymond Valenti
RE/MAX Alliance
Buyer's Agent
Raymond Valenti
RE/MAX Alliance
List Price
$155,900
Sold Price
$150,000
Premium/Discount to List
-$5,900
-3.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.38%
Original Mortgage
$147,283
Interest Rate
4.09%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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
Castelan Prop Llc $310,000 None Available
Castelan Prop Llc $310,000 None Available
Hoffman James $150,000 --
Hoffman James $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castelan Prop Llc $232,500
Closed Castelan Prop Llc $232,500
Previous Owner Hoffman James $147,283
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/28/2024 10/28/24 Sold $310,000 +3.3% $139 / Sq Ft
08/15/2024 08/15/24 For Sale $300,000 +100.0% $134 / Sq Ft
08/18/2014 08/18/14 Sold $150,000 -3.8% $67 / Sq Ft View Prior Sale
06/20/2014 06/20/14 Pending -- -- --
02/08/2014 02/08/14 For Sale $155,900 -- $70 / Sq Ft
Source: SmartMLS

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 $4,753 $125,370 $36,540 $88,830
2024 $4,828 $125,370 $36,540 $88,830
2023 $4,654 $125,370 $36,540 $88,830
2022 $4,390 $125,370 $36,540 $88,830
2021 $4,366 $100,310 $41,510 $58,800
2020 $4,354 $100,310 $41,510 $58,800
2019 $4,317 $100,310 $41,510 $58,800
2018 $4,334 $100,310 $41,510 $58,800
2017 $4,219 $100,310 $41,510 $58,800
2016 $3,854 $99,400 $32,340 $67,060
2015 $3,854 $99,400 $32,340 $67,060
2014 $3,760 $99,400 $32,340 $67,060
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 24039675

SmartMLS

APN: MERI-000220-000116-000004