NOT LISTED FOR SALE

5 James St Meriden, CT 06451

Estimated Value: $323,000 - $381,000

5 Beds
4 Baths
2,317 Sq Ft
$149/Sq Ft Est. Value

Last Sold March 08, 2024

Last sale price $320,000 $138 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,339/month

21 Days on Market

Highlights

  • City View
  • Public Transportation
  • Concrete Flooring
  • Property is near public transit
  • Heating System Uses Steam

About This Home

As of March 2024

Run don't walk to this turn-key 2 family unit on a quiet one way street. This 2 family home has 3 bdrms on 1st floor w/washer/dryer hookup, nice living room, re-done hdwd floors, 1.5 bath, large eat-in kitchen with granite countertops. The 2nd floor unit has 2 bdrms, living room, full bath, re-done hdwd floors and large eat it kitchen with granite countertops. The home also has a front and back porch, 2 car garage that can easily be rented for storage for added income. Can be easily rented asap!

Last Agent to Sell the Property

Natuzza Dimasi

William Raveis Real Estate License #RES.0772532 Listed on: 01/25/2024

William Raveis Real Estate

Last Buyer's Agent

Qin Lin

Sovereign Properties License #RES.0810423

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,820

Year Built

  • Built in 1924

Lot Details

  • 6,098 Sq Ft Lot

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 5 Bedrooms
  • 2,317 Sq Ft Home
  • Concrete Flooring
  • City Views

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Apartment Living Space in Basement
  • Basement Storage

Parking

  • 2 Car Garage
  • Handicap Parking
  • Driveway

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Schools

  • Benjamin Franklin Elementary School
  • Washington Middle School
  • Orville H. Platt High School

Utilities

  • Heating System Uses Steam
  • Heating System Uses Oil
  • Oil Water Heater
  • Fuel Tank Located in Basement

Community Details

  • 2 Units
  • Public Transportation

Listing and Financial Details

  • Assessor Parcel Number 1167766

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,820

Year Built

Built in 1924

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: 2317
  • Total Sq Ft: 2317
  • Year Built: 1924
  • New Construction: No/Resale
  • Nearby Amenities: Medical Facilities, Park, Playground/Tot Lot, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 2 Family
  • Handicap Features: Handicap Parking
  • Direct Waterfront: No
  • Directions: Barlett to Monroe (one way) to James St (one way)
  • Financing Used: Cash
  • Living Area Sq Ft Per Public Record: 2317
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Basement Description: Full, Partially Finished, Concrete Floor, Walk-out, Apartment, Storage
  • Laundry Room Info: Basement Hook-Up(s), Hook-Up In Unit 1
  • Attic: No
  • Street Number Modifier: 5

Exterior Features

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

Garage/Parking

  • Garages Number: 2
  • Driveway Type: Paved
  • Total Parking Spaces: 2
  • Garage And Parking: Detached Garage

Utilities

  • Cooling System: None
  • Heat Type: Steam
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Benjamin Franklin
  • Middle School: Washington
  • High School: Orville H. Platt

Lot Info

  • Acres: 0.14
  • Lot Description: City Views
  • Zoning: R-2
  • Parcel #: 1167766

Multi Family

  • Total Number Of Units: 2
  • Unit Count: 2

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 4820
  • Total Assessed Value: 129850
  • Mil Rate Total: 37.12

MLS Schools

  • Elementary School: Benjamin Franklin
  • Middle Jr High School: Washington
  • High School: Orville H. Platt

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2024
Closed on
Mar 11, 2024
Sold by
554 Old Rd Llc
Bought by
Xiao Lin
Seller's Agent
Natuzza Dimasi
William Raveis Real Estate
Buyer's Agent
Qin Lin
Sovereign Properties
List Price
$314,900
Sold Price
$320,000
Premium/Discount to List
$5,100
1.62%
Total Days on Market
21
Views
18
Current Estimated Value
$344,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,104
Avg. Annual Appreciation
5.84%

Purchase Details

Closed on
Sep 21, 2023
Sold by
Cooper Jamie T and Tarasiewicz Courtney R
Bought by
554 Old Road Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.96%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 1, 1976
Bought by
Civale Dorothy E and Civale Albert J
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 Buyer Sale Price Title Company
Xiao Lin $320,000 None Available
Xiao Lin $320,000 None Available
554 Old Road Llc $100,000 None Available
554 Old Road Llc $100,000 None Available
Civale Dorothy E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 554 Old Road Llc $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2024 03/08/24 Sold $320,000 +1.6% $138 / Sq Ft
02/15/2024 02/15/24 Pending -- -- --
01/25/2024 01/25/24 For Sale $314,900 -- $136 / 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 $5,001 $129,850 $24,920 $104,930
2023 $4,820 $129,850 $24,920 $104,930
2022 $4,547 $129,850 $24,920 $104,930
2021 $4,555 $104,650 $21,000 $83,650
2020 $4,543 $104,650 $21,000 $83,650
2019 $4,504 $104,650 $21,000 $83,650
2018 $4,522 $104,650 $21,000 $83,650
2017 $4,402 $104,650 $21,000 $83,650
2016 $3,924 $101,220 $23,520 $77,700
2015 $3,924 $101,220 $23,520 $77,700
2014 $3,829 $101,220 $23,520 $77,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170621006

SmartMLS

APN: MERI-000502-000229-000044