NOT LISTED FOR SALE

490 High St Middletown, CT 06457

Estimated Value: $303,000 - $348,000

4 Beds
2 Baths
2,530 Sq Ft
$128/Sq Ft Est. Value

Last Sold May 25, 2018

Last sale price $195,000 $77 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $2,301/month

7 Days on Market

Highlights

  • Property is near public transit
  • Enclosed patio or porch
  • Ceiling Fan
  • No HOA
  • Public Transportation
  • 1-minute walk to Willie Pep Skateboard Park

About This Home

As of May 2018

Opportunity awaits! Check out this TURN-KEY, fully rented 2-family home within walking distance of Wesleyan University and vibrant Downtown Middletown! Numerous recent updates include a NEW high efficiency gas furnace (first floor unit), windows, & bathroom insert. Spacious, well kept eat-in kitchens with updated countertops. The first floor unit features an enclosed front porch, beautiful built-in cabinet, in-unit washing machine hook-up, hardwood floors and ample closet space. The second floor unit features a granite island in the kitchen, hardwood floors, and a spare small room great for an office! A shared walk-out basement has dryer hook-up for Unit 1, laundry hook up for Unit 2, separate utilities, and storage. Large private fenced lot offers off-street parking (off of Bacon Ave) and a lawn area. Section 8 approved! Convenient to highways and shopping. Middletown recently received a AAA bond rating for the third year in a row - make your investment now!

Last Agent to Sell the Property

Siobhan McLaughlin

William Raveis Real Estate License #RES.0788616 Listed on: 03/29/2018

William Raveis Real Estate

Last Buyer's Agent

Rebecca Nelson

RE/MAX Right Choice License #RES.0793928

RE/MAX Right Choice

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,666

Year Built

  • Built in 1900

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Has A Rolling Slope

Home Design

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

Interior Spaces

  • 2,530 Sq Ft Home
  • Ceiling Fan

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Shared Basement

Parking

  • Gravel Driveway
  • Unpaved Parking
  • Off-Street Parking

Outdoor Features

  • Enclosed patio or porch
  • Breezeway
  • Rain Gutters

Location

  • Property is near public transit

Schools

  • Middletown High School

Utilities

  • Radiator
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,666

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2530
  • Public Record Living Room Sq Ft: 2530
  • Total Sq Ft: 2530
  • Year Built: 1900
  • Nearby Amenities: Library, Medical Facilities, Private School(s), Public Transportation
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 4507
  • Directions: Rt 66 to High St
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Full With Walk-Out, Shared Basement
  • Laundry Room Info: Basement Hook-Up(s), Hook-Up In Unit 1, Washer/Dryer Some Units
  • Attic: No
  • Street Number Modifier: 490

Exterior Features

  • Exterior Features: Breezeway, Gutters, Porch-Enclosed
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Masonry, Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Unpaved, Driveway, Off Street Parking
  • Driveway Type: Gravel

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Radiator
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.1800
  • Lot Description: Rolling
  • Zoning: RPZ

Multi Family

  • Unit Count: 2
  • Total Multi Family: 9
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 5666
  • Total Assessed Value: 133630
  • Mil Rate Base: 33.900
  • Mil Rate Tax District: 8.500
  • Mil Rate Total: 42.400
  • Assessor Parcel Number: 1013670

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 23, 2020
Sold by
Emanuele Salvatore
Bought by
Emanuele Salvatore A and Emanuele Hilda Z
Current Estimated Value
$325,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,055
Outstanding Balance
$110,418
Interest Rate
2.67%
Mortgage Type
Balloon
Estimated Equity
$202,711

Purchase Details

Listed on
Mar 29, 2018
Closed on
May 29, 2018
Sold by
Steinhilber Cassandra
Bought by
Emanuele Salvatore A and Emanuele Hilda Z
Seller's Agent
Siobhan McLaughlin
William Raveis Real Estate
Buyer's Agent
Rebecca Nelson
RE/MAX Right Choice
List Price
$199,900
Sold Price
$195,000
Premium/Discount to List
-$4,900
-2.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.85%
Original Mortgage
$146,250
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 9, 2006
Sold by
Williams Janice E
Bought by
Porch Cassandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.28%

Purchase Details

Closed on
Dec 31, 1998
Sold by
Est Scionti Valentina and Scionti Paul G
Bought by
Williams Janice E
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
Emanuele Salvatore A -- None Available
Emanuele Salvatore A $195,000 --
Porch Cassandra $210,000 --
Williams Janice E $92,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Emanuele Salvatore A $146,055
Previous Owner Emanuele Salvatore A $146,250
Previous Owner Williams Janice E $155,000
Previous Owner Williams Janice E $168,000
Previous Owner Williams Janice E $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2018 05/25/18 Sold $195,000 -2.5% $77 / Sq Ft
04/05/2018 04/05/18 Pending -- -- --
03/29/2018 03/29/18 For Sale $199,900 -- $79 / 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 $6,074 $165,060 $48,570 $116,490
2023 $5,794 $165,060 $48,570 $116,490
2022 $4,421 $100,480 $17,760 $82,720
2021 $4,421 $100,480 $17,760 $82,720
2020 $4,441 $100,480 $17,760 $82,720
2019 $4,461 $100,480 $17,760 $82,720
2018 $4,391 $100,480 $17,760 $82,720
2017 $5,666 $133,630 $38,150 $95,480
2016 $5,506 $133,630 $38,150 $95,480
2015 $5,292 $133,630 $38,150 $95,480
2014 $5,345 $133,630 $38,150 $95,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170066129

SmartMLS

APN: MTWN-000022-000000-000129