NOT LISTED FOR SALE

51 Front St Middletown, CT 06457

Estimated Value: $249,000 - $305,325

2 Beds
2 Baths
1,294 Sq Ft
$207/Sq Ft Est. Value

Last Sold December 07, 2018

Last sale price $150,000 $116 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $1,885/month

132 Days on Market

Highlights

  • Deck
  • Thermal Windows
  • Property is near shops
  • No HOA
  • Porch
  • Garden

About This Home

As of December 2018

INCOME OPPORTUNITY! Very nice Multi 2 family house fully rented. Great investment property. This house has a 1-bedroom unit on both levels and both units have separate entrances and utilities. Updated windows and carpet, plenty of off-street parking, and a nicely landscaped backyard! First floor has
fresh paint, updated bathroom, and new carpet. Upstairs unit has its own private deck for enjoying the outdoors. 1st floor rented till Sept 2019, Upstairs unit has tenant in place through July 2019. Great investment! Must see!

Last Agent to Sell the Property

Sarah Goeden

William Raveis Real Estate License #RES.0808449 Listed on: 06/18/2018

William Raveis Real Estate

Co-Listed By

Linda O'Hara

William Raveis Real Estate License #RES.0063231

Last Buyer's Agent

Liana Grabowski

Huntsman,Meade & Partners Comp License #RES.0790973

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,268

Year Built

  • Built in 1900

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot
  • Garden

Home Design

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

Interior Spaces

  • 1,294 Sq Ft Home
  • Thermal Windows
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Deck
  • Dirt Driveway
  • Unpaved Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near shops

Schools

  • Farm Hill Elementary School
  • Woodrow Wilson Middle School
  • Middletown High School

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $22,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,268

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1294
  • Public Record Living Room Sq Ft: 1294
  • Total Sq Ft: 1294
  • Year Built: 1900
  • Nearby Amenities: Library, Medical Facilities, Public Rec Facilities, Shopping/Mall, Tennis Courts
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Public Record Gross Sq Ft: 2335
  • Directions: Ridge Rd to Mill St to Front St #51 or Russell Rd to Front St #51
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Full With Hatchway
  • Laundry Room Location: basement and 2nd floor
  • Laundry Room Info: Basement Hook-Up(s), Hook-Up In Unit 2
  • Attic: No
  • Street Number Modifier: 51

Exterior Features

  • Exterior Features: Deck, Garden Area, Porch
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete, Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Unpaved, Off Street Parking
  • Driveway Type: Private, Dirt

Utilities

  • Cooling System: Window Unit
  • Heat Type: Radiator
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Sewer Assess Description: Total cost for water & Sewer 2017 $573

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Farm Hill
  • Middle School: Woodrow Wilson
  • High School: Middletown
  • Intermediate School: Per Board of Ed

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.2300
  • Lot Description: Level Lot
  • Zoning: RPZ

Multi Family

  • Gross Annual Income: 22200
  • Net Operating Income: 15899
  • Unit Count: 2
  • Total Multi Family: 6
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 4268
  • Total Assessed Value: 110350
  • Mil Rate Base: 33.900
  • Mil Rate Tax District: 4.781
  • Mil Rate Total: 38.681
  • Assessor Parcel Number: 1009009

MLS Schools

  • Elementary School: Farm Hill
  • Middle Jr High School: Woodrow Wilson
  • High School: Middletown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2018
Closed on
Dec 7, 2018
Sold by
Vuksinic Tammy
Bought by
Winkley Travis
Seller's Agent
Sarah Goeden
William Raveis Real Estate
Buyer's Agent
Liana Grabowski
Huntsman,Meade & Partners Comp
List Price
$154,900
Sold Price
$150,000
Premium/Discount to List
-$4,900
-3.16%
Current Estimated Value
$267,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,831
Avg. Annual Appreciation
8.39%
Original Mortgage
$112,500
Outstanding Balance
$100,825
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$154,477

Purchase Details

Closed on
Sep 11, 2006
Sold by
Wamester William D and Wamester Norma S
Bought by
Vuksinic Tammy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.79%

Purchase Details

Closed on
Aug 8, 1997
Sold by
Kelsey Lloyd Est
Bought by
Wamesster William and Wamester Norma S
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
Winkley Travis $150,000 --
Vuksinic Tammy $160,000 --
Wamesster William $44,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Winkley Travis $112,500
Previous Owner Vuksinic Tammy $165,135
Previous Owner Wamesster William $164,837
Previous Owner Wamesster William $167,093
Previous Owner Wamesster William $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2018 12/07/18 Sold $150,000 -3.2% $116 / Sq Ft
10/28/2018 10/28/18 Pending -- -- --
08/24/2018 08/24/18 For Sale $154,900 +3.3% $120 / Sq Ft
08/15/2018 08/15/18 Off Market $150,000 -- --
06/18/2018 06/18/18 For Sale $154,900 -- $120 / 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 $4,872 $137,590 $62,170 $75,420
2023 $4,625 $137,590 $62,170 $75,420
2022 $3,929 $95,240 $41,450 $53,790
2021 $3,912 $95,240 $41,450 $53,790
2020 $3,905 $95,240 $41,450 $53,790
2019 $3,924 $95,240 $41,450 $53,790
2018 $4,051 $101,830 $41,450 $60,380
2017 $4,268 $110,350 $47,760 $62,590
2016 $4,183 $110,350 $47,760 $62,590
2015 $4,090 $110,350 $47,760 $62,590
2014 $4,086 $110,350 $47,760 $62,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170095218

SmartMLS

APN: MTWN-000035-000000-000054