NOT LISTED FOR SALE

547 E Main St Middletown, CT 06457

Estimated Value: $307,000 - $414,000

6 Beds
2 Baths
3,185 Sq Ft
$115/Sq Ft Est. Value

Last Sold March 01, 2023

Last sale price $218,000 $68 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $2,590/month

22 Days on Market

Highlights

  • Water Views
  • No HOA
  • Porch
  • Attic
  • 2 Car Detached Garage
  • Covered Deck

About This Home

As of March 2023

Wonderful opportunity for an investor to have a fully occupied 2 family side by side that is close to eclectic downtown Middletown with its shops, restaurants, coffee shops, and awesome community! This home has great bones from top to bottom with its tall ceilings, hardwood floors, large bedrooms and more! It features 3 bedrooms and a large full bath on both sides with loads of storage in a split walk up attic as well as full basements in both units. Ample parking on the left side of the property with a a garage at the back of the property, makes this ideal for tenants. The property also has a huge backyard for warm weather activities that even overlooks the pond! Schedule your showing today!

Last Agent to Sell the Property

Jeffrey Anderson

William Pitt Sotheby's International Realty License #RES.0793581 Listed on: 11/23/2022

Co-Listed By

Wendy Anderson

William Pitt Sotheby's International Realty License #RES.0014679

Last Buyer's Agent

Jeffrey Anderson

William Pitt Sotheby's International Realty License #RES.0793581 Listed on: 11/23/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,166

Year Built

  • Built in 1928

Lot Details

  • 0.39 Acre Lot
  • Sloped Lot
  • Garden

Home Design

  • Side-by-Side
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Concrete Siding
  • Stucco Exterior

Interior Spaces

  • 3,185 Sq Ft Home
  • Concrete Flooring
  • Water Views

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Attic

  • Attic Floors
  • Storage In Attic
  • Walkup Attic

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Parking

  • 2 Car Detached Garage
  • Gravel Driveway
  • Unpaved Parking
  • Off-Street Parking

Outdoor Features

  • Covered Deck
  • Rain Gutters
  • Porch

Schools

  • Middletown High School

Utilities

  • Floor Furnace
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,166

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 3185
  • Public Record Living Room Sq Ft: 3185
  • Total Sq Ft: 3185
  • Year Built: 1928
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 6668
  • Directions: Rt 17 to Rt 9 to Main st
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Walk-up, Floored, Storage Space
  • Basement Description: Full, Full With Hatchway, Unfinished, Concrete Floor, Storage
  • Laundry Room Info: Basement Hook-Up(s), Washer/Dryer All Units
  • Attic: Yes

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Detached Garage, Unpaved, Off Street Parking
  • Garages Number: 2
  • Driveway Type: Gravel
  • Total Parking Spaces: 6

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Electric, Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.3900
  • Lot Description: Water View, Sloping Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: RPZ

Multi Family

  • Unit Count: 2
  • Total Multi Family: 12
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 6166
  • Mil Rate Base: 35.700
  • Mil Rate Tax District: 5.555
  • Assessor Parcel Number: 1007635

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2022
Closed on
Feb 28, 2023
Sold by
Herdman Carmela Est
Bought by
Express Ct Hm Buyers Llc
Seller's Agent
Jeffrey Anderson
William Pitt Sotheby's International Realty
Buyer's Agent
Jeffrey Anderson
William Pitt Sotheby's International Realty
List Price
$319,900
Sold Price
$218,000
Premium/Discount to List
-$101,900
-31.85%
Views
134
Current Estimated Value
$365,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,701
Avg. Annual Appreciation
19.46%
Original Mortgage
$220,500
Outstanding Balance
$213,328
Interest Rate
6.13%
Mortgage Type
Commercial
Estimated Equity
$152,373
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Express Ct Hm Buyers Llc $218,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Express Ct Hm Buyers Llc $220,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2023 03/01/23 Sold $218,000 -27.3% $68 / Sq Ft
12/20/2022 12/20/22 Pending -- -- --
12/06/2022 12/06/22 Price Changed $299,900 -6.3% $94 / Sq Ft
11/27/2022 11/27/22 For Sale $319,900 -- $100 / 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 $8,286 $223,870 $58,010 $165,860
2024 $7,927 $223,870 $58,010 $165,860
2023 $7,524 $223,870 $58,010 $165,860
2022 $6,166 $149,460 $32,980 $116,480
2021 $6,139 $149,460 $32,980 $116,480
2020 $6,128 $149,460 $32,980 $116,480
2019 $6,158 $149,460 $32,980 $116,480
2018 $5,946 $149,460 $32,980 $116,480
2017 $6,123 $158,290 $41,330 $116,960
2016 $6,000 $158,290 $41,330 $116,960
2015 $5,867 $158,290 $41,330 $116,960
2014 $5,862 $158,290 $41,330 $116,960
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170537263

SmartMLS

APN: MTWN-000036-000000-000370