NOT LISTED FOR SALE

482 Pratt Street Extension Meriden, CT 06450

Estimated Value: $263,259 - $402,000

4 Beds
3 Baths
1,848 Sq Ft
$186/Sq Ft Est. Value

Last Sold April 10, 2024

Last sale price $310,000 $168 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,261/month

33 Days on Market

Highlights

  • Attic
  • Covered Deck
  • Hot Water Circulator
  • Porch
  • Awning
  • 4-minute walk to Brookside Park

About This Home

As of April 2024

This is an unusual opportunity to own a unique historical multifamily home. Perfect for an owner-occupied residence with the potential for income generation or rent both apartments for greater investment opportunities. Apartment 1 is 1300 sq ft fully updated in December 2020. When you step into the private entrance of this two-story apartment, you will feel the welcoming vibes this charming antique home offers. Recent updates include granite kitchen counters, updated appliances, new LVF upstairs, and polished hardwood downstairs. Sunshine floods every room. Plenty of off-street parking, a big backyard, and private covered porch overlooking the backyard. This very large apartment features 3 generous bedrooms upstairs plus an office downstairs and 2 full bathrooms. Imagine slipping into the freshly resurfaced ball-in-claw bathtub after a hard day. Then sipping a warm hot cocoa in your spacious living room and sharing meals in your formal dining room. Washer and dryer provided in basement. Apartment 2 needs upgrades and modernization. It features about 550 sq ft with a kitchen, full bath, living room, and one bedroom. This property has been well maintained by the owners for over 20 years. Both apartments were most recently rented below market.

Last Agent to Sell the Property

Deb Jaffe

Eagle Eye Realty PLLC License #RES.0808380 Listed on: 02/27/2024

Last Buyer's Agent

Stephen Cornell

Berkshire Hathaway NE Prop. License #REB.0795298

Berkshire Hathaway NE Prop.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,989

Year Built

  • Built in 1895

Lot Details

  • 0.26 Acre Lot
  • Level Lot

Parking

  • 1 Car Garage

Home Design

  • Side-by-Side
  • Concrete Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,848 Sq Ft Home
  • Awning
  • Concrete Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Attic

  • Walkup Attic
  • Unfinished Attic

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Garage Access
  • Laundry in Basement

Outdoor Features

  • Covered Deck
  • Rain Gutters
  • Porch

Utilities

  • Radiator
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Hot Water Circulator
  • Oil Water Heater
  • Fuel Tank Located in Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 1167230

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,989

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 1848
  • Total Sq Ft: 1848
  • Year Built: 1895
  • New Construction: No/Resale
  • Remarks Public Addendum: HIGHEST AND BEST BY 1:00pm Sunday 3/10/24. Apartment 2 (smaller one-bedroom) is available for viewing with at least 48 hours notice on the second visit and you must submit proof of funds. One-bedroom unit is currently occupied.
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Broad Stree to Pratt St Extension.
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 1848
  • Street Type: Extension
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Attic Description: Unfinished, Walk-up
  • Basement Description: Full, Unfinished, Garage Access, Interior Access, Concrete Floor
  • Laundry Room Location: basement
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: Yes
  • Street Number Modifier: 482

Exterior Features

  • Exterior Features: Sidewalk, Awnings, Porch, Gutters, Covered Deck
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete, Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 1
  • Total Parking Spaces: 6
  • Garage And Parking: Under House Garage, Parking Lot, On Street Parking, Off Street Parking

Utilities

  • Cooling System: None
  • Heat Type: Baseboard, Gas on Gas, Hot Water, Radiator
  • Heat Fuel Type: Electric, Natural Gas, Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Natural Gas, Oil, Domestic
  • 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: 0.26
  • Lot Description: Level Lot
  • Zoning: C-3
  • Parcel #: 1167230

Multi Family

  • Total Number Of Units: 2

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 3989
  • Total Assessed Value: 107450
  • Mil Rate Total: 34.79

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
Feb 27, 2024
Closed on
Apr 10, 2024
Sold by
Krupski Mary J and Krupski Richard
Bought by
Figueroa Oliv
Seller's Agent
Deb Jaffe
Eagle Eye Realty PLLC
Buyer's Agent
Stephen Cornell
Berkshire Hathaway NE Prop.
List Price
$295,000
Sold Price
$310,000
Premium/Discount to List
$15,000
5.08%
Views
153
Current Estimated Value
$346,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,991
Avg. Annual Appreciation
6.37%
Original Mortgage
$294,500
Outstanding Balance
$290,684
Interest Rate
6.94%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$45,433

Purchase Details

Closed on
Feb 25, 2015
Sold by
Krupski Richard and Gorman-Krupski Mary J
Bought by
Krupski Richard and Gorman-Krupski Mary J

Purchase Details

Closed on
Oct 19, 2000
Sold by
Cerasale Lois A and Cerasale Alphonse
Bought by
Krupski Richard and Gorman Maryjane

Purchase Details

Closed on
Jun 16, 1987
Sold by
Carabetta Joseph D
Bought by
Cerasale Alphonse
Source: Public Records

Range of Values:

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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
Figueroa Oliv $310,000 None Available
Figueroa Oliv $310,000 None Available
Krupski Richard -- --
Krupski Richard -- --
Krupski Richard $107,500 --
Krupski Richard $107,500 --
Cerasale Alphonse $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Figueroa Oliv $294,500
Closed Figueroa Oliv $294,500
Previous Owner Cerasale Alphonse $87,000
Previous Owner Cerasale Alphonse $105,000
Previous Owner Cerasale Alphonse $102,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2024 04/10/24 Sold $310,000 +5.1% $168 / Sq Ft
03/07/2024 03/07/24 For Sale $295,000 -- $160 / 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 $4,138 $107,450 $27,300 $80,150
2023 $3,989 $107,450 $27,300 $80,150
2022 $3,763 $107,450 $27,300 $80,150
2021 $3,407 $78,260 $22,820 $55,440
2020 $3,397 $78,260 $22,820 $55,440
2019 $3,368 $78,260 $22,820 $55,440
2018 $3,382 $78,260 $22,820 $55,440
2017 $3,292 $78,260 $22,820 $55,440
2016 $3,126 $80,640 $25,550 $55,090
2015 $3,126 $80,640 $25,550 $55,090
2014 $3,051 $80,640 $25,550 $55,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24000056

SmartMLS

APN: MERI-000305-000266-000016