RENTED JUL 16, 2025

50 Rappallo Ave Middletown, CT 06457

Estimated Value: $676,645

1 Bed
1 Bath
5,120 Sq Ft
$132/Sq Ft Est. Value

Last Sold July 02, 2024

Last sale price $650,000 $127 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,508/month

Highlights

  • Attic
  • Hot Water Heating System
  • Level Lot
  • Hot Water Circulator

About This Home

As of July 2025

2nd-floor one-bedroom apartment with fresh paint, new kitchen, new flooring, cat allowed, heat, hot water, and internet included.

Last Agent to Rent the Property

Qin Lin

Sovereign Properties License #RES.0810423 Listed on: 06/05/2025

Last Renter's Agent

Qin Lin

Sovereign Properties License #RES.0810423 Listed on: 06/05/2025

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1860

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot

Interior Spaces

  • 5,120 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

  • Middletown High School

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Hot Water Circulator

Listing and Financial Details

  • Assessor Parcel Number 1009412

Community Details

Overview

  • 4 Units

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Apartment

Year Built

Built in 1860

Lot Details

0

Rental Info

  • Pets Allowed Info: CAT ALLOWED
  • Lease Price Description: Per Month
  • Pets Allowed: Restrictions
  • Rental Duration: Yearly Furnished
  • Smoking Allowed: No

Listing Details

  • Neighborhood: N/A
  • Property Type: Residential Rental
  • Style: Apartment
  • Sq Ft Est Heated Above Grade: 5120
  • Total Sq Ft: 5120
  • Year Built: 1860
  • New Construction: No/Resale
  • Property Sub Type: Multi-Family Rental
  • Direct Waterfront: No
  • Directions: GPS
  • Financing Used: Cash
  • Street Type: Avenue
  • Tenant Responsibility: Credit Check Electricity Insurance
  • Special Features: None

Interior Features

  • Total Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full
  • Appliances: Oven/Range, Microwave, Refrigerator
  • Attic: Yes

Exterior Features

  • Waterfront Description: Not Applicable
  • Swimming Pool: No

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: Window Unit
  • Heat Type: Hot Water
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Lot Info

  • Acres: 0.12
  • Lot Description: Level Lot
  • Zoning: B-1
  • Parcel #: 1009412

Multi Family

  • Total Number Of Units: 4

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2024
Closed on
Jun 28, 2024
Sold by
Rubicon Realty Llc
Bought by
Rapallo Llc
Seller's Agent
Lucas Chaves
Coldwell Banker Calabro
Buyer's Agent
Lani Liu-Helisch
Sovereign Properties
List Price
$649,999
Sold Price
$650,000
Premium/Discount to List
$1
0.0%
Views
17
Current Estimated Value
$676,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,645
Avg. Annual Appreciation
2.68%

Purchase Details

Closed on
Aug 19, 2022
Sold by
Joseph Lucas
Bought by
Rubicon Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
5.81%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 4, 2022
Sold by
Mccalla Carlton
Bought by
Joseph Lucas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
5.81%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 20, 2012
Sold by
Leachman Gauntlet and Leachman Hyacinth I
Bought by
Mccallu Carlton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.61%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 16, 2001
Sold by
Suran Allen D
Bought by
Leachman Hyacinth I and Leachman Gauntlet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,530
Interest Rate
7.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 26, 1998
Sold by
Labbadia Vincent P and Labbadia Kathleen N
Bought by
Suran Allan D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Rapallo Llc $650,000 None Available
Rapallo Llc $650,000 None Available
Rubicon Realty Llc -- None Available
Rubicon Realty Llc -- None Available
Joseph Lucas $425,000 None Available
Joseph Lucas $425,000 None Available
Mccallu Carlton -- --
Mccallu Carlton -- --
Mccallu Carlton -- --
Leachman Hyacinth I $125,000 --
Leachman Hyacinth I $125,000 --
Suran Allan D $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Joseph Lucas $318,750
Previous Owner Mccallu Carlton $50,000
Previous Owner Suran Allan D $155,000
Previous Owner Suran Allan D $103,530
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/16/2025 07/16/25 Rented $1,250 0.0% --
06/17/2025 06/17/25 Under Contract -- -- --
06/05/2025 06/05/25 For Rent $1,250 0.0% --
07/02/2024 07/02/24 Sold $650,000 0.0% $127 / Sq Ft View Prior Sale
06/13/2024 06/13/24 Pending -- -- --
06/08/2024 06/08/24 For Sale $649,999 -- $127 / 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
2025 $11,637 $299,160 $41,060 $258,100
2024 $11,009 $299,160 $41,060 $258,100
2023 $10,501 $299,160 $41,060 $258,100
2022 $6,468 $147,000 $35,700 $111,300
2021 $7,981 $181,390 $35,700 $145,690
2020 $8,017 $181,390 $35,700 $145,690
2019 $8,054 $181,390 $35,700 $145,690
2018 $7,927 $181,390 $35,700 $145,690
2017 $7,035 $165,910 $35,700 $130,210
2016 $6,835 $165,910 $35,700 $130,210
2015 $6,570 $165,910 $35,700 $130,210
2014 $6,636 $165,910 $35,700 $130,210
Source: Public Records

Agents Affiliated with this Home

  • Qin Lin

    Landlord's Agent in 2025

    Qin Lin

    Sovereign Properties

    (646) 919-5695

    87 Total Sales

    Qin Lin
    Section Image

  • L

    Seller's Agent in 2024

    Lucas Chaves

    Coldwell Banker Calabro

    (203) 715-2772

    4 Total Sales

    Lucas Chaves
    Section Image

  • L

    Buyer's Agent in 2024

    Lani Liu-Helisch

    Sovereign Properties

    (203) 722-2451

    47 Total Sales

    Lani Liu-Helisch
    Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 24101680

SmartMLS

APN: MTWN-000022-000000-000207

Connecticut Middlesex County Middletown 06457

50 Rappallo Ave, Middletown, CT

Not Listed for Sale

MultiFamily

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