NOT LISTED FOR SALE

53 Spring St Middletown, CT 06457

Estimated Value: $332,850 - $368,000

5 Beds
3 Baths
2,418 Sq Ft
$144/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $227,000 $94 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,385/month

22 Days on Market

Highlights

  • Deck
  • 2 Car Detached Garage
  • Property is near shops
  • No HOA
  • Tankless Water Heater
  • Private Driveway

About This Home

As of February 2021

Great investment opportunity! This is a well maintained 3 family Colonial. The 1st and 2nd floors have efficient Navien units that were installed 3-4 years ago. The 3rd floor has natural gas cooking & for heat with oil for hot water. The 1st floor was updated in mid 2018, 2nd floor has just been freshened up with all new paint and carpeting and the 3rd floor had a make over in the beginning of 2019. There is a 2 car garage (more a car port) and a car port. Close to Rt 9, Rt 66 and downtown Middletown.

Last Agent to Sell the Property

Heather Kilbourn

Cavanaugh & Company LLC License #RES.0802575 Listed on: 12/23/2020

Last Buyer's Agent

Frederick Ferguson

Carl Guild & Associates License #RES.0806212

Carl Guild & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,652

Year Built

  • Built in 1899

Lot Details

  • 3,920 Sq Ft Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 2,418 Sq Ft Home
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Basement

  • Partial Basement
  • Crawl Space

Parking

  • 2 Car Detached Garage
  • Parking Deck
  • Private Driveway
  • Off-Street Parking

Schools

  • Macdonough Elementary School
  • Keigwin Middle School
  • Middletown High School

Utilities

  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Tankless Water Heater
  • Oil Water Heater
  • Fuel Tank Located in Basement

Additional Features

  • Deck
  • Property is near shops

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Gross Income $30,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,652

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2418
  • Public Record Living Room Sq Ft: 2418
  • Total Sq Ft: 2418
  • Year Built: 1899
  • Nearby Amenities: Health Club, Library, Medical Facilities, Shopping/Mall
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Public Record Gross Sq Ft: 3514
  • Directions: North on High Street then take a left onto Spring Street. House is on the right after school crossing. Limitie parking in back. Please don't block tenants cars.
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Crawl Space
  • Basement Description: Partial With Hatchway
  • Laundry Room Location: 1st and 2nd floor hook-ups
  • Laundry Room Info: Hook-Up In Unit 1, Hook-Up In Unit 2, Washer/Dryer Some Units
  • Attic: No
  • Street Number Modifier: 53

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Detached Garage, Off Street Parking
  • Garages Number: 2
  • Driveway Type: Private

Utilities

  • Heat Type: Gas on Gas
  • Heat Fuel Type: Natural Gas, Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Natural Gas, Oil, Tankless Hotwater
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Macdonough
  • Middle School: Keigwin
  • High School: Middletown
  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.0900
  • Lot Description: Level Lot
  • Zoning: RPZ

Multi Family

  • Gross Annual Income: 30900
  • Net Operating Income: 24988
  • Unit Count: 3
  • Total Multi Family: 11
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 4652
  • Total Assessed Value: 105240
  • Mil Rate Base: 35.800
  • Mil Rate Tax District: 8.400
  • Mil Rate Total: 44.200
  • Assessor Parcel Number: 1015354

MLS Schools

  • Elementary School: Macdonough
  • Middle Jr High School: Keigwin
  • High School: Middletown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2020
Closed on
Feb 26, 2021
Sold by
Rollins Jahmel
Bought by
Beauvelt Christopher C
Seller's Agent
Heather Kilbourn
Cavanaugh & Company LLC
Buyer's Agent
Frederick Ferguson
Carl Guild & Associates
List Price
$243,000
Sold Price
$227,000
Premium/Discount to List
-$16,000
-6.58%
Current Estimated Value
$347,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,463
Avg. Annual Appreciation
9.70%
Original Mortgage
$170,250
Outstanding Balance
$152,617
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$194,846

Purchase Details

Listed on
May 3, 2016
Closed on
Aug 8, 2016
Sold by
Szymaszek 4Th John J and Szymaszek Barbara K
Bought by
Rollins Jahmel
Seller's Agent
Chuck Haller
Berkshire Hathaway NE Prop.
Buyer's Agent
Rebecca Zandvliet
Coldwell Banker Realty 2000
List Price
$169,900
Sold Price
$156,000
Premium/Discount to List
-$13,900
-8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.57%
Original Mortgage
$153,133
Interest Rate
3.56%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 13, 2012
Sold by
Szymaszek 4Th John J
Bought by
Szymaszek 4Th John J and Szymaszek Barbara K

Purchase Details

Closed on
Mar 31, 1993
Sold by
Warzecha Theodore V
Bought by
Szymaszek John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,698
Interest Rate
6%
Mortgage Type
Unknown
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
Beauvelt Christopher C $227,000 None Available
Rollins Jahmel $156,000 --
Szymaszek 4Th John J -- --
Szymaszek John J $127,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beauvelt Christopher C $170,250
Previous Owner Rollins Jahmel $153,133
Previous Owner Szymaszek John J $95,900
Previous Owner Szymaszek John J $94,500
Previous Owner Szymaszek John J $127,698
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $227,000 -6.6% $94 / Sq Ft
12/23/2020 12/23/20 For Sale $243,000 0.0% $100 / Sq Ft
03/31/2017 03/31/17 Rented $975 0.0% --
03/25/2017 03/25/17 Under Contract -- -- --
03/17/2017 03/17/17 For Rent $975 0.0% --
08/08/2016 08/08/16 Sold $156,000 -8.2% $65 / Sq Ft
06/10/2016 06/10/16 Pending -- -- --
05/03/2016 05/03/16 For Sale $169,900 -- $70 / 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 $6,509 $176,870 $41,370 $135,500
2023 $6,208 $176,870 $41,370 $135,500
2022 $4,631 $105,240 $15,080 $90,160
2021 $883 $20,060 $15,080 $4,980
2020 $887 $20,060 $15,080 $4,980
2019 $4,673 $105,240 $15,080 $90,160
2018 $4,599 $105,240 $15,080 $90,160
2017 $5,341 $125,970 $31,750 $94,220
2016 $5,190 $125,970 $31,750 $94,220
2015 $4,988 $125,970 $31,750 $94,220
2014 $5,039 $125,970 $31,750 $94,220
Source: Public Records

Agents Affiliated with this Home

  • Heather Kilbourn

    Seller's Agent in 2021

    Heather Kilbourn

    Cavanaugh & Company LLC

    (860) 346-8900

    57 Total Sales

    Heather Kilbourn
    Section Image
  • Frederick Ferguson

    Buyer's Agent in 2021

    Frederick Ferguson

    Carl Guild & Associates

    (860) 638-9362

    40 Total Sales

    Frederick Ferguson
    Section Image
  • Scott Nardozzi

    Seller Co-Listing Agent in 2017

    Scott Nardozzi

    Cavanaugh & Company LLC

    (860) 306-3259

    75 Total Sales

    Scott Nardozzi
    Section Image
  • Chuck Haller

    Seller's Agent in 2016

    Chuck Haller

    Berkshire Hathaway Home Services

    (860) 558-6000

    114 Total Sales

    Chuck Haller
    Section Image
  • Rebecca Zandvliet

    Buyer's Agent in 2016

    Rebecca Zandvliet

    Coldwell Banker Realty 2000

    (203) 982-9800

    194 Total Sales

    Rebecca Zandvliet
    Section Image
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Map

Source: SmartMLS

MLS Number: 170362323

SmartMLS

APN: MTWN-000022-000000-000069

Connecticut Middlesex County Middletown 06457

53 Spring St, Middletown, CT

This home is located at 53 Spring St, Middletown, CT 06457 since 23 December 2020 and is currently estimated at $347,463, approximately $143 per square foot. This property was built in 1899. 53 Spring St 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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