NOT LISTED FOR SALE

515 E Main St Middletown, CT 06457

Estimated Value: $190,000 - $236,000

2 Beds
2 Baths
1,463 Sq Ft
$149/Sq Ft Est. Value

Last Sold June 26, 2023

Last sale price $180,000 $123 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,465/month

87 Days on Market

Highlights

  • Attic
  • No HOA
  • 1 Car Detached Garage

About This Home

As of June 2023

Terrific investment opportunity! Live in one unit rent the other. Currently one tenant paying $1,000/month on 2nd floor. Some upgrades but ready for your finishing touches. This won't last!

Last Agent to Sell the Property

Nancy Newman

LPT Realty License #RES.0385588 Listed on: 02/01/2023

LPT Realty

Last Buyer's Agent

Moira Dill

mygoodagent License #RES.0808218

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,922

Year Built

  • Built in 1900

Lot Details

  • 10,454 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

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

Interior Spaces

  • 1,463 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Attic

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Middletown High School

Utilities

  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,922

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 1463
  • Public Record Living Room Sq Ft: 1463
  • Total Sq Ft: 1463
  • Year Built: 1900
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 2722
  • Directions: GPS
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Full
  • Attic: Yes

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 1

Utilities

  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.2400
  • Lot Description: Not Applicable
  • Zoning: RPZ

Multi Family

  • Unit Count: 2
  • Total Multi Family: 6
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 2922
  • Mil Rate Base: 35.700
  • Mil Rate Tax District: 5.555
  • Assessor Parcel Number: 1015424

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2023
Closed on
Jun 26, 2023
Sold by
Cecunjanin Fikret
Bought by
Elysium Llc
Seller's Agent
Nancy Newman
LPT Realty
Buyer's Agent
Moira Dill
mygoodagent
List Price
$255,000
Sold Price
$180,000
Premium/Discount to List
-$75,000
-29.41%
Views
330
Current Estimated Value
$217,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,718
Avg. Annual Appreciation
7.62%
Original Mortgage
$144,000
Outstanding Balance
$139,996
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$77,722

Purchase Details

Listed on
Feb 26, 2021
Closed on
Jun 11, 2021
Sold by
Huang Lin F
Bought by
Cecunjanin Fikret
Seller's Agent
Yam Wong
Houlihan Lawrence WD
Buyer's Agent
Layla Malicevic
Tier 1 Real Estate
List Price
$168,000
Sold Price
$115,000
Premium/Discount to List
-$53,000
-31.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.56%
Original Mortgage
$108,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 22, 2006
Sold by
Whidden Stevem R
Bought by
Huang Lin Fei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 7, 1999
Sold by
Wendry Richard and Wendry Janice D
Bought by
Whidden Steven R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,700
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 27, 1989
Sold by
Lapierre Charles E
Bought by
Wendry Richard

Purchase Details

Closed on
Feb 13, 1987
Sold by
Riverview Corp
Bought by
Lapierre Charles E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,200
Interest Rate
9.34%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Elysium Llc $180,000 None Available
Cecunjanin Fikret $115,000 None Available
Huang Lin Fei $129,000 --
Whidden Steven R $58,000 --
Wendry Richard $115,000 --
Lapierre Charles E $84,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elysium Llc $144,000
Previous Owner Cecunjanin Fikret $108,000
Previous Owner Lapierre Charles E $100,000
Previous Owner Lapierre Charles E $37,700
Previous Owner Lapierre Charles E $67,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/26/2023 06/26/23 Sold $180,000 -12.2% $123 / Sq Ft
04/29/2023 04/29/23 Pending -- -- --
04/11/2023 04/11/23 Price Changed $205,000 -12.8% $140 / Sq Ft
03/28/2023 03/28/23 Price Changed $235,000 -7.8% $161 / Sq Ft
02/01/2023 02/01/23 For Sale $255,000 +121.7% $174 / Sq Ft
06/11/2021 06/11/21 Sold $115,000 -27.2% $79 / Sq Ft View Prior Sale
05/19/2021 05/19/21 Pending -- -- --
03/17/2021 03/17/21 Price Changed $158,000 -6.0% $108 / Sq Ft
02/26/2021 02/26/21 For Sale $168,000 0.0% $115 / Sq Ft
12/01/2012 12/01/12 Rented $695 0.0% --
11/26/2012 11/26/12 Under Contract -- -- --
11/19/2012 11/19/12 For Rent $695 -- --
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 $4,017 $108,530 $46,080 $62,450
2024 $3,843 $108,530 $46,080 $62,450
2023 $3,648 $108,530 $46,080 $62,450
2022 $2,922 $70,830 $26,190 $44,640
2021 $2,909 $70,830 $26,190 $44,640
2020 $2,904 $70,830 $26,190 $44,640
2019 $2,918 $70,830 $26,190 $44,640
2018 $2,818 $70,830 $26,190 $44,640
2017 $3,415 $88,280 $31,950 $56,330
2016 $3,346 $88,280 $31,950 $56,330
2015 $3,272 $88,280 $31,950 $56,330
2014 $3,269 $88,280 $31,950 $56,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170548127

SmartMLS

APN: MTWN-000036-000000-000367