A
Seller's Agent in 2023
Alexa Ford
Eagle Eye Realty PLLC
542 Main St Middletown, CT 06457
Estimated Value: $727,884
4
Beds
4
Baths
4,275
Sq Ft
$170/Sq Ft
Est. Value
Highlights
- City View
- No HOA
- Public Transportation
- Property is near public transit and bus stop
- Walking Distance to Water
- Hot Water Circulator
About This Home
As of April 2023Amazing location for this 5 unit mixed-use property on Main Street in Middletown. Walk to restaurants, shops, stores and more in the growing center of town! 15 minute walk to Wesleyan University and less than a mile to Middlesex Hospital. Four beautiful and updated one-bedroom units offer stainless steel appliances, fresh paint, upgraded bathrooms,floors, and tenant paid utilities. Newer roof that is frequently maintained with no issues. The well known restaurant Whey Station(ary) is a long-term stable tenant, ceilings in the restaurant have just been updated. Amazing investment opportunity at a 7.7% CAP with room to increase rents in this desirable location.
Last Agent to Sell the Property
Alexa Ford
Eagle Eye Realty PLLC License #RES.0819642 Listed on: 08/20/2022
Last Buyer's Agent
Alexa Ford
Eagle Eye Realty PLLC License #RES.0819642 Listed on: 08/20/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,533
Year Built
- Built in 1880
Lot Details
- 0.33 Acre Lot
- Level Lot
Parking
- Off-Street Parking
Home Design
- Side-by-Side
- Flat Roof Shape
- Brick Exterior Construction
- Concrete Foundation
- Flat Tile Roof
- Masonry Siding
- Masonry
Interior Spaces
- 4,275 Sq Ft Home
- City Views
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
Schools
- Farm Hill Elementary School
- Middletown High School
Utilities
- Window Unit Cooling System
- Hot Water Heating System
- Heating System Uses Oil
- Hot Water Circulator
- Electric Water Heater
Additional Features
- Walking Distance to Water
- Property is near public transit and bus stop
Community Details
Overview
- No Home Owners Association
- 5 Units
Amenities
- Public Transportation
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 9, 2025
Sold by
Lee Perry
Bought by
Middletown At Main Partne
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,457,500
Outstanding Balance
$6,228,430
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
-$5,500,546
Purchase Details
Listed on
Aug 20, 2022
Closed on
Apr 12, 2023
Sold by
542-544 Main St Llc
Bought by
Lee Perry
Seller's Agent
Alexa Ford
Eagle Eye Realty PLLC
Buyer's Agent
Alexa Ford
Eagle Eye Realty PLLC
List Price
$599,000
Sold Price
$572,000
Premium/Discount to List
-$27,000
-4.51%
Views
205
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.86%
Original Mortgage
$416,250
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 2, 2018
Sold by
Oh Realty Llc
Bought by
542-544 Main St Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,000
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 13, 2006
Sold by
South Mayd Llc
Bought by
Oh Rlty Llc
Purchase Details
Closed on
Apr 5, 2005
Sold by
Vfw Middlesex Po 583 I
Bought by
Southmayd Llc
Purchase Details
Closed on
Jan 3, 1995
Sold by
Farmers & Mechanics Bk
Bought by
Post 583 Veterans Fore
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Middletown At Main Partne | -- | -- | |
| Lee Perry | $585,000 | None Available | |
| Lee Perry | $585,000 | None Available | |
| 542-544 Main St Llc | -- | -- | |
| 542-544 Main St Llc | -- | -- | |
| 542-544 Main St Llc | -- | -- | |
| Oh Rlty Llc | $350,000 | -- | |
| Oh Rlty Llc | $350,000 | -- | |
| Southmayd Llc | $225,000 | -- | |
| Southmayd Llc | $225,000 | -- | |
| Post 583 Veterans Fore | $110,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Middletown At Main Partne | $6,457,500 | |
| Previous Owner | Lee Perry | $416,250 | |
| Previous Owner | 542-544 Main St Llc | $287,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/14/2023 04/14/23 | Sold | $572,000 | -4.5% | $134 / Sq Ft |
| 10/02/2022 10/02/22 | Pending | -- | -- | -- |
| 09/19/2022 09/19/22 | For Sale | $599,000 | 0.0% | $140 / Sq Ft |
| 09/07/2022 09/07/22 | Pending | -- | -- | -- |
| 08/20/2022 08/20/22 | For Sale | $599,000 | -- | $140 / Sq Ft |
Source: SmartMLS
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 | $12,246 | $314,820 | $158,420 | $156,400 |
| 2024 | $11,585 | $314,820 | $158,420 | $156,400 |
| 2023 | $11,050 | $314,820 | $158,420 | $156,400 |
| 2022 | $9,533 | $216,660 | $129,150 | $87,510 |
| 2021 | $9,533 | $216,660 | $129,150 | $87,510 |
| 2020 | $9,576 | $216,660 | $129,150 | $87,510 |
| 2019 | $9,620 | $216,660 | $129,150 | $87,510 |
| 2018 | $9,468 | $216,660 | $129,150 | $87,510 |
| 2017 | $9,274 | $218,720 | $129,150 | $89,570 |
| 2016 | $9,011 | $218,720 | $129,150 | $89,570 |
| 2015 | $8,661 | $218,720 | $129,150 | $89,570 |
| 2014 | $8,749 | $218,720 | $129,150 | $89,570 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: SmartMLS
MLS Number: 170517505
APN: MTWN-000022-000000-000567
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