NOT LISTED FOR SALE

58 Washington St Middletown, CT 06457

Estimated Value: $457,503

3 Beds
2.5 Baths
2,410 Sq Ft
$190/Sq Ft Est. Value

Sale Details

Date Sold: April 21, 2023

Last sale price $370,000 $154 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,237 / mo

104 Days on Market

Highlights

  • River Front
  • Property is near public transit, shops, and bus stop
  • No HOA
  • Deck
  • Attic
  • Walking Distance to Water

About This Home

As of April 2023

PRICE ADJUSTED - Looking for fully leased investment property in the heart of Middletown that is just steps away from Main Street? This multi-unit property is looking for its new investor. The property features a new roof, off street parking, CT River views and a large level back yard! Property has 3 electrical meters, 3 natural gas furnaces and 3 natural gas hot water heaters. There is an additional (approved) space that may be completed into an additional rental unit.

Last Agent to Sell the Property

Scott Nardozzi

Cavanaugh & Company LLC License #RES.0799545 Listed on: 11/03/2022

Co-Listed By

Heather Kilbourn

Cavanaugh & Company LLC License #RES.0802575

Last Buyer's Agent

Meaghan Clark

Berkshire Hathaway NE Prop. License #RES.0815477

Berkshire Hathaway NE Prop.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,144

Year Built

  • Built in 1800

Lot Details

  • 4,356 Sq Ft Lot
  • River Front
  • Level Lot

Property Views

  • Water
  • City

Home Design

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

Interior Spaces

  • 2,410 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Walkup Attic

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 3 Parking Spaces
  • Parking Deck
  • Private Driveway
  • Paved Parking
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Exterior Lighting
  • Porch

Location

  • Property is near public transit, shops, and bus stop

Schools

  • Middletown High School

Utilities

  • Radiator
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Additional Features

  • Public Transportation
  • Gross Income $45,240

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,144

Year Built

Built in 1800

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 2410
  • Public Record Living Room Sq Ft: 2410
  • Total Sq Ft: 2410
  • Year Built: 1800
  • Nearby Amenities: Commuter Bus, Library, Medical Facilities, Park, Private School(s), Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3872
  • Directions: Main Street to Washington Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Attic Description: Walk-up
  • Basement Description: Full With Hatchway
  • Laundry Room Location: In units
  • Attic: Yes

Exterior Features

  • Exterior Features: Deck, Lighting, Porch, Sidewalk
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: River, View, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved, Off Street Parking, Parking Lot
  • Driveway Type: Private, Paved
  • Total Parking Spaces: 3

Utilities

  • Heat Type: Radiator
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: 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: 0.1000
  • Lot Description: City Views, Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: B-1

Multi Family

  • Gross Annual Income: 45240
  • Unit Count: 3
  • Total Multi Family: 8
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 6144
  • Mil Rate Base: 35.700
  • Mil Rate Tax District: 8.300
  • Assessor Parcel Number: 1006849

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2022
Closed on
Apr 21, 2023
Sold by
Bought by
Seller's Agent
Scott Nardozzi
Cavanaugh & Company LLC
Buyer's Agent
Meaghan Clark
Berkshire Hathaway NE Prop.
List Price
$399,900
Sold Price
$370,000
Premium/Discount to List
-$29,900
-7.48%
Views
140
Current Estimated Value
$457,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,503
Avg. Annual Appreciation
7.06%
Original Mortgage
$270,000
Outstanding Balance
$261,364
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$196,139

Purchase Details

Listed on
Sep 9, 2020
Closed on
Sep 28, 2020
Sold by
Bought by
Seller's Agent
Kelly D'Anna
Statewide Premier Prop. LLC
Buyer's Agent
Kelly D'Anna
Statewide Premier Prop. LLC
List Price
$70,000
Sold Price
$214,550
Premium/Discount to List
$144,550
206.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.83%

Purchase Details

Closed on
Jun 17, 2020
Sold by
Bought by

Purchase Details

Closed on
Feb 28, 2019
Sold by
Bought by

Purchase Details

Closed on
Sep 19, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,456
Interest Rate
6.36%
Mortgage Type
Commercial
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$370,000 None Available
$370,000 None Available
$214,550 None Available
$214,550 None Available
-- None Available
-- None Available
-- --
-- --
$125,000 --
$125,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $270,000
Closed $270,000
Previous Owner $115,456
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/21/2023 04/21/23 Sold $370,000 -5.1% $154 / Sq Ft
02/15/2023 02/15/23 Pending -- -- --
12/07/2022 12/07/22 Price Changed $389,900 -2.5% $162 / Sq Ft
11/03/2022 11/03/22 For Sale $399,900 0.0% $166 / Sq Ft
09/01/2022 09/01/22 Rented $1,625 0.0% --
07/21/2022 07/21/22 Under Contract -- -- --
07/12/2022 07/12/22 For Rent $1,625 0.0% --
03/31/2022 03/31/22 Sold $345,000 -4.2% $143 / Sq Ft View Prior Sale
12/14/2021 12/14/21 Pending -- -- --
11/16/2021 11/16/21 For Sale $360,000 +67.8% $149 / Sq Ft
10/02/2020 10/02/20 Sold $214,550 +206.5% $111 / Sq Ft View Prior Sale
09/14/2020 09/14/20 Pending -- -- --
09/09/2020 09/09/20 For Sale $70,000 -- $36 / Sq Ft
Source: SmartMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,219 $237,000 $90,570 $146,430
2024 $8,722 $237,000 $90,570 $146,430
2023 $8,319 $237,000 $90,570 $146,430
2022 $6,144 $139,640 $65,630 $74,010
2021 $6,144 $139,640 $65,630 $74,010
2020 $6,172 $139,640 $65,630 $74,010
2019 $6,200 $139,640 $65,630 $74,010
2018 $6,102 $139,640 $65,630 $74,010
2017 $5,286 $124,670 $65,630 $59,040
2016 $5,136 $124,670 $65,630 $59,040
2015 $4,937 $124,670 $65,630 $59,040
2014 $4,987 $124,670 $65,630 $59,040
Source: Public Records

Agents Affiliated with this Home

  • Scott Nardozzi

    Seller's Agent in 2023

    Scott Nardozzi

    Cavanaugh & Company LLC

    (860) 306-3259

    68 Total Sales

    Scott Nardozzi
    Section Image
  • Heather Kilbourn

    Seller Co-Listing Agent in 2023

    Heather Kilbourn

    Cavanaugh & Company LLC

    (860) 346-8900

    59 Total Sales

    Heather Kilbourn
    Section Image
  • Meaghan Clark

    Buyer's Agent in 2023

    Meaghan Clark

    Berkshire Hathaway Home Services

    (860) 212-7540

    25 Total Sales

    Meaghan Clark
    Section Image

  • E

    Seller's Agent in 2022

    Ethan Cole

    Horvath & Tremblay

    (781) 776-4000

    7 Total Sales

    Ethan Cole
    Section Image
  • Kelly D'Anna

    Seller's Agent in 2020

    Kelly D'Anna

    Statewide Premier Prop. LLC

    (860) 558-5288

    28 Total Sales

    Kelly D'Anna
    Section Image
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Map

Source: SmartMLS

MLS Number: 170534073

SmartMLS

APN: MTWN-000022-000000-000557

Connecticut Middlesex County Middletown 06457

58 Washington St, Middletown, CT

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