NOT LISTED FOR SALE

50 North Ave Meriden, CT 06451

Estimated Value: $448,000 - $509,570

8 Beds
3 Baths
3,273 Sq Ft
$147/Sq Ft Est. Value

Last Sold October 07, 2020

Last sale price $300,000 $92 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,137/month

3 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Porch
  • Attic
  • 3 Car Detached Garage
  • Covered Deck

About This Home

As of October 2020

3 Family Investment - INVESTOR/OWNER OCCUPANT - FULLY RENTED with a Monthly rental income of $3950. Property features 3 Units with 3 Detached Garages, SHED and Washer/Dryer hook-ups for all three units. Private yard space with off-street parking. Recent updates include new roof, updated electrical, plumbing, Mechanical and interior renovations. PRIVATE PROPERTY. PLEASE DO NOT DISTURB TENANTS. Agent/Owner

Last Agent to Sell the Property

Yvonne Bailey

I'Lann Realty, LLC License #REB.0794372 Listed on: 08/21/2020

Last Buyer's Agent

Konstantinos Milas

Milas Realty Advisors License #REB.0795039

Milas Realty Advisors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,102

Year Built

  • Built in 1900

Lot Details

  • 0.25 Acre Lot

Home Design

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

Interior Spaces

  • 3,273 Sq Ft Home
  • Concrete Flooring
  • Walkup Attic

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 3 Car Detached Garage
  • Private Driveway
  • Off-Street Parking

Outdoor Features

  • Covered Deck
  • Shed
  • Porch

Location

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiator
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Electric Water Heater
  • Fuel Tank Located in Basement

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Additional Features

  • Public Transportation
  • Gross Income $3,950

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,102

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: 3273
  • Public Record Living Room Sq Ft: 3273
  • Total Sq Ft: 3273
  • Year Built: 1900
  • Nearby Amenities: Commuter Bus, Medical Facilities, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Directions: West Main Street to North 3rd Street to North Ave
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Walk-up
  • Basement Description: Full With Walk-Out, Unfinished, Concrete Floor, Interior Access
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: Yes
  • Street Number Modifier: 50

Exterior Features

  • Exterior Features: Covered Deck, Porch, Shed
  • Exterior Siding: Asbestos
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage, Off Street Parking
  • Garages Number: 3
  • Driveway Type: Private, Paved

Utilities

  • Cooling System: Wall Unit
  • Heat Type: Radiator
  • Heat Fuel Type: Natural Gas, Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic, Electric, Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.2500
  • Lot Description: N/A
  • Zoning: R-3

Multi Family

  • Gross Annual Income: 3950
  • Unit Count: 3
  • Total Multi Family: 15
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 5102
  • Total Assessed Value: 117530
  • Mil Rate Base: 40.860
  • Mil Rate Tax District: 2.550
  • Mil Rate Total: 43.410
  • Assessor Parcel Number: 1176578

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2020
Closed on
Oct 6, 2020
Sold by
Bailey Yvonne
Bought by
Lealie Charleen
Seller's Agent
Yvonne Bailey
I'Lann Realty, LLC
Buyer's Agent
Konstantinos Milas
Milas Realty Advisors
List Price
$278,000
Sold Price
$300,000
Premium/Discount to List
$22,000
7.91%
Current Estimated Value
$480,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,893
Avg. Annual Appreciation
10.04%
Original Mortgage
$294,566
Outstanding Balance
$263,182
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$217,711

Purchase Details

Listed on
Feb 7, 2018
Closed on
Apr 5, 2018
Sold by
Chilone Rose A and Macri Helen A
Bought by
Bailey Yvonne
Seller's Agent
Sabrina Janco
Century 21 Bay-Mar Realty
Buyer's Agent
Sabrina Janco
Century 21 Bay-Mar Realty
List Price
$159,900
Sold Price
$150,000
Premium/Discount to List
-$9,900
-6.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.52%
Original Mortgage
$140,000
Interest Rate
3%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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
Lealie Charleen $300,000 None Available
Bailey Yvonne $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lealie Charleen $294,566
Previous Owner Macri Helen $154,000
Previous Owner Macri Helen $140,000
Previous Owner Macri Helen $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2020 10/07/20 Sold $300,000 +7.9% $92 / Sq Ft
08/24/2020 08/24/20 Pending -- -- --
08/21/2020 08/21/20 For Sale $278,000 +85.3% $85 / Sq Ft
03/28/2018 03/28/18 Sold $150,000 -6.2% $46 / Sq Ft
02/14/2018 02/14/18 Pending -- -- --
02/07/2018 02/07/18 For Sale $159,900 -- $49 / 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 $6,448 $167,440 $39,760 $127,680
2023 $6,215 $167,440 $39,760 $127,680
2022 $5,864 $167,440 $39,760 $127,680
2021 $5,116 $117,530 $33,950 $83,580
2020 $5,102 $117,530 $33,950 $83,580
2019 $5,058 $117,530 $33,950 $83,580
2018 $5,078 $117,530 $33,950 $83,580
2017 $4,943 $117,530 $33,950 $83,580
2016 $4,904 $126,490 $32,270 $94,220
2015 $4,904 $126,490 $32,270 $94,220
2014 $4,785 $126,490 $32,270 $94,220
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: SmartMLS

MLS Number: 170328924

SmartMLS

APN: MERI-000603-000161-000007