NOT LISTED FOR SALE

5 Pomeroy Place Middletown, CT 06457

Estimated Value: $260,000 - $269,000

2 Beds
2 Baths
1,512 Sq Ft
$175/Sq Ft Est. Value

Last Sold June 18, 2021

Last sale price $200,000 $132 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,865/month

92 Days on Market

Highlights

  • Attic
  • Hot Water Circulator
  • 4-minute walk to Willie Pep Skateboard Park
  • No HOA
  • Hot Water Heating System

About This Home

As of June 2021

Investors: take note!!!! Hard to find a two-family house in Middletown as promising as this one. Good location in a great school district, just minutes away from restaurants, shops, and bars. Both units are in spectacular condition and the property has been well kept. The first floor is occupied until mid-February and is paying $970 per month. The second floor is leased through May and is paying $940 per month. This is a wonderful opportunity for those looking for cash flow investment! It gets better... This property comes with a vacant lot beside it!

Don't miss out on this rare opportunity, give us a call today!

Last Listed By

Keith Murphy

Innovative Properties License #REB.0758350 Listed on: 01/25/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,645

Year Built

  • Built in 1942

Lot Details

  • 2,178 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 1,512 Sq Ft Home
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Hot Water Circulator

Additional Features

  • Attic
  • Unfinished Basement

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,645

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 1512
  • Public Record Living Room Sq Ft: 1512
  • Total Sq Ft: 1512
  • Year Built: 1942
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 2436
  • Directions: GPS Friendly
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Unfinished
  • Attic: Yes
  • Street Number Modifier: 5

Exterior Features

  • Exterior Siding: Aluminum
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: On Street Parking

Utilities

  • Heat Type: Hot Water
  • Heat Fuel Type: Oil
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.0500
  • Lot Description: N/A
  • Zoning: RPZ

Multi Family

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

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 3645
  • Total Assessed Value: 82460
  • Mil Rate Base: 35.800
  • Mil Rate Tax District: 8.400
  • Mil Rate Total: 44.200
  • Assessor Parcel Number: 1009405

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
Jan 25, 2021
Closed on
Jun 14, 2021
Sold by
Hotchkisstown Vent Llc
Bought by
Seman Margaryta O and Seman Leo
Seller's Agent
Keith Murphy
Innovative Properties
Buyer's Agent
Maggie Jensen
Coldwell Banker Realty
List Price
$199,609
Sold Price
$200,000
Premium/Discount to List
$391
0.2%
Total Days on Market
92
Current Estimated Value
$264,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,870
Avg. Annual Appreciation
5.42%
Original Mortgage
$160,000
Outstanding Balance
$147,360
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$98,742

Purchase Details

Listed on
Aug 15, 2016
Closed on
Sep 27, 2016
Sold by
Nutmeg State Financial
Bought by
Hotchkisstown Ventures
Seller's Agent
Laurie Murray
KW Legacy Partners
Buyer's Agent
Keith Murphy
Innovative Properties
List Price
$105,000
Sold Price
$90,000
Premium/Discount to List
-$15,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.39%

Purchase Details

Closed on
Jun 28, 2016
Sold by
Raicik Richard M and Nutmeg State Fcu
Bought by
Nutmeg State Fcu

Purchase Details

Closed on
Sep 3, 1997
Sold by
Labbadia Joseph P and Labbadia Karen M
Bought by
Raicik Richard M and Raicik Tracy M

Range of Values:

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Average Value
Not Available
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
Seman Margaryta O $200,000 None Available
Seman Margaryta O $200,000 None Available
Hotchkisstown Ventures $90,000 --
Hotchkisstown Ventures $90,000 --
Nutmeg State Fcu -- --
Nutmeg State Fcu -- --
Raicik Richard M $90,000 --
Raicik Richard M $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seman Margaryta O $160,000
Closed Seman Margaryta O $160,000
Previous Owner Raicik Richard M $216,800
Previous Owner Raicik Richard M $128,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2021 06/18/21 Sold $200,000 +0.2% $132 / Sq Ft
04/27/2021 04/27/21 Pending -- -- --
03/06/2021 03/06/21 For Sale $199,609 0.0% $132 / Sq Ft
02/25/2021 02/25/21 For Sale $199,609 -0.2% $132 / Sq Ft
02/24/2021 02/24/21 Pending -- -- --
02/18/2021 02/18/21 Off Market $200,000 -- --
01/25/2021 01/25/21 For Sale $199,609 +121.8% $132 / Sq Ft
09/27/2016 09/27/16 Sold $90,000 -14.3% $60 / Sq Ft
08/29/2016 08/29/16 Pending -- -- --
08/15/2016 08/15/16 For Sale $105,000 -- $69 / 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 $4,670 $126,900 $46,620 $80,280
2023 $4,454 $126,900 $46,620 $80,280
2022 $3,740 $84,990 $17,050 $67,940
2021 $3,628 $82,460 $14,520 $67,940
2020 $3,645 $82,460 $14,520 $67,940
2019 $3,661 $82,460 $14,520 $67,940
2018 $3,604 $82,460 $14,520 $67,940
2017 $4,290 $101,170 $33,080 $68,090
2016 $4,168 $101,170 $33,080 $68,090
2015 $4,006 $101,170 $33,080 $68,090
2014 $4,047 $101,170 $33,080 $68,090
Source: Public Records

Agents Affiliated with this Home

  • Keith Murphy

    Seller's Agent in 2021

    Keith Murphy

    Innovative Properties

    (860) 632-0442

    88 Total Sales

    Keith Murphy
    Section Image

  • M

    Buyer's Agent in 2021

    Maggie Jensen

    Coldwell Banker

    (203) 907-6773

    Section Image
  • Laurie Murray

    Seller's Agent in 2016

    Laurie Murray

    KW Legacy Partners

    (860) 212-8305

    142 Total Sales

    Laurie Murray
    Section Image
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Map

Source: SmartMLS

MLS Number: 170368335

SmartMLS

APN: MTWN-000022-000000-000102

Connecticut Middlesex County Middletown 06457

5 Pomeroy Place, Middletown, CT

Homes for Sale in Middletown, CT

This home is located at 5 Pomeroy Place, Middletown, CT 06457 since 25 January 2021 and is currently estimated at $264,870, approximately $175 per square foot. This property was built in 1942. 5 Pomeroy Place is a home located in Middlesex County with nearby schools including Macdonough School, Middletown High School, and St John Paul II School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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