NOT LISTED FOR SALE

55 Loveland St Middletown, CT 06457

-- Bed
-- Bath
5,000 Sq Ft
8,276 Sq Ft Lot

Last Sold November 10, 2022

Last sale price $625,000 $125 Per Sq Ft

32 Days on Market

Highlights

  • Attic
  • No HOA
  • Coin Laundry
  • Corner Lot

About This Home

As of November 2022

55 Loveland Street is a fully occupied multi-family investment property in Middletown, Connecticut. This six-family home is comprised of one two-bedroom unit, one studio-unit and four one-bedroom units. All of the tenants pay their own separately metered utilities. With rents on the rise statewide, there is great potential for a significant increase in the property's already substantial income. The current owner is a retired contractor and has taken meticulous care of the home for over twenty years. The property is located only a quick walk from Middletown's idyllic downtown, Middlesex Hospital and Wesleyan University.

Last Agent to Sell the Property

Brendan Kelly

Harding Commercial Real Estate License #REB.0795159 Listed on: 07/18/2022

Last Buyer's Agent

Brendan Kelly

Harding Commercial Real Estate License #REB.0795159 Listed on: 07/18/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,232

Year Built

  • Built in 1880

Lot Details

  • 8,276 Sq Ft Lot
  • Corner Lot

Parking

  • Paved Parking

Home Design

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

Interior Spaces

  • 5,000 Sq Ft Home
  • Attic or Crawl Hatchway Insulated

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Gas Available at Street

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,232

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 5000
  • Public Record Living Room Sq Ft: 3084
  • Total Sq Ft: 5000
  • Year Built: 1880
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5891
  • Directions: GPS friendly - Corner of Loveland & Oak
  • Special Features: None

Interior Features

  • Attic Description: Access Via Hatch
  • Basement Description: Full With Hatchway
  • Laundry Room Location: Basement
  • Laundry Room Info: Coin Op Laundry
  • Attic: Yes
  • Street Number Modifier: 55

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Paved

Utilities

  • Cooling System: Window Unit
  • Heat Type: Gas on Gas
  • Heat Fuel Type: Gas In Street
  • Hot Water Description: 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.1900
  • Lot Description: Corner Lot
  • Zoning: MX

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 9232
  • Total Assessed Value: 209820
  • Mil Rate Base: 35.700
  • Mil Rate Tax District: 8.300
  • Mil Rate Total: 44.000
  • Assessor Parcel Number: 1007560

Multi Family

  • Total Num Of Units: 6

MLS Schools

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

Range of Values:

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2022 11/10/22 Sold $625,000 -3.1% $125 / Sq Ft
08/19/2022 08/19/22 Pending -- -- --
07/18/2022 07/18/22 For Sale $645,000 -- $129 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Brendan Kelly

    Seller's Agent in 2022

    Brendan Kelly

    Harding Commercial Real Estate

    (860) 463-3326

    12 Total Sales

    Section Image

  • L

    Buyer Co-Listing Agent in 2022

    Lauren Darling

    Coldwell Banker Realty

    (203) 481-4571

    9 Total Sales

    Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170513971

SmartMLS

Connecticut Middlesex County Middletown 06457

55 Loveland St, Middletown, CT

This home is located at 55 Loveland St, Middletown, CT 06457 since 18 July 2022. This property was built in 1880. 55 Loveland St is a home located in Middlesex County with nearby schools including Wilbert Snow Elementary 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.

Nearby Homes