NOT LISTED FOR SALE

580 High St Middletown, CT 06457

Estimated Value: $352,777 - $390,000

6 Beds
3 Baths
3,940 Sq Ft
$94/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $350,000 $89 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,754/month

81 Days on Market

Highlights

  • Hot Water Circulator
  • Hot Water Heating System
  • Level Lot

About This Home

As of June 2024

This property is a great investment opportunity with all units already rented out. The separate meters and newer furnaces add to the appeal of this multi-family home. The proximity to Wesleyan University and public transportation also make it a desirable location for tenants. The mix of unit sizes and layouts offers variety for potential renters. Overall, this fully rented investment property is a promising option for someone looking to add to their real estate portfolio.

Last Agent to Sell the Property

Bonnie Foster

William Pitt Sotheby's Int'l License #RES.0769186 Listed on: 04/01/2024

William Pitt Sotheby's Int'l

Co-Listed By

Robin Linares

William Pitt Sotheby's Int'l License #RES.0760904

Last Buyer's Agent

Kurt Bauknecht

Sette Real Estate LLC License #REB.0758711

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,623

Year Built

  • Built in 1900

Lot Details

  • 6,970 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • 3,940 Sq Ft Home
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Radiator
  • Hot Water Heating System
  • Heating System Uses Oil
  • Hot Water Circulator
  • Electric Water Heater
  • Fuel Tank Located in Basement

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 1007555

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,623

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 3940
  • Total Sq Ft: 3940
  • Year Built: 1900
  • New Construction: No/Resale
  • Remarks Public Addendum: Showings - Please drive by prior to first showing. Agents have permission with they're clients to walk the exterior of the property.
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: GPS Friendly
  • Financing Used: Conventional Fixed
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement Description: Full, Full With Walk-Out
  • Laundry Room Location: Unit 1 Washer & Dryer in basement
  • Laundry Room Info: Washer/Dryer Some Units
  • Attic: No
  • Street Number Modifier: 580

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Garage And Parking: Detached Garage

Utilities

  • Cooling System: None
  • Heat Type: Hot Water, Radiator
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric, Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

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

Lot Info

  • Acres: 0.16
  • Lot Description: Level Lot
  • Zoning: RPZ
  • Parcel #: 1007555

Multi Family

  • Total Number Of Units: 3

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 6623
  • Total Assessed Value: 234040
  • Mil Rate Total: 28.3

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2024
Closed on
Jun 28, 2024
Sold by
Barry Thomas
Bought by
Mk And Ja Llc
Seller's Agent
Bonnie Foster
William Pitt Sotheby's Int'l
Buyer's Agent
Kurt Bauknecht
Sette Real Estate LLC
List Price
$390,000
Sold Price
$350,000
Premium/Discount to List
-$40,000
-10.26%
Views
252
Current Estimated Value
$368,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,694
Avg. Annual Appreciation
5.23%
Original Mortgage
$262,500
Outstanding Balance
$260,525
Interest Rate
7.02%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$108,169

Purchase Details

Closed on
Jan 24, 2020
Sold by
Barry Judith
Bought by
Barry Thomas

Purchase Details

Closed on
Jun 25, 2015
Sold by
College Fund Llc
Bought by
Barry Thomas

Purchase Details

Closed on
Aug 8, 2013
Sold by
College Fund Llc
Bought by
Barry Judith M and Barry Thomas M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,750
Interest Rate
4.45%

Purchase Details

Closed on
May 3, 2011
Sold by
Barry Thomas M and Barry Judith M
Bought by
College Fund Llc

Purchase Details

Closed on
Sep 19, 2003
Sold by
Salafia Sebastian and Salafia-Milardo Lucy P
Bought by
Barry Thomas M and Barry Judith M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,250
Interest Rate
6.31%
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
Mk And Ja Llc $350,000 None Available
Barry Thomas -- None Available
Barry Thomas -- --
Barry Judith M -- --
College Fund Llc -- --
Barry Thomas M $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mk And Ja Llc $262,500
Previous Owner Barry Thomas $151,800
Previous Owner Barry Judith M $153,750
Previous Owner Barry Thomas M $15,000
Previous Owner Barry Thomas M $204,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $350,000 -4.1% $89 / Sq Ft
06/21/2024 06/21/24 Pending -- -- --
05/05/2024 05/05/24 Price Changed $365,000 -6.4% $93 / Sq Ft
04/01/2024 04/01/24 For Sale $390,000 -- $99 / 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 $8,613 $234,040 $47,590 $186,450
2023 $8,215 $234,040 $47,590 $186,450
2022 $6,116 $139,000 $17,400 $121,600
2021 $6,116 $139,000 $17,400 $121,600
2020 $6,144 $139,000 $17,400 $121,600
2019 $6,172 $139,000 $17,400 $121,600
2018 $6,074 $139,000 $17,400 $121,600
2017 $6,982 $164,660 $37,710 $126,950
2016 $6,784 $164,660 $37,710 $126,950
2015 $6,521 $164,660 $37,710 $126,950
2014 $6,586 $164,660 $37,710 $126,950
Source: Public Records

Agents Affiliated with this Home

  • Bonnie Foster

    Seller's Agent in 2024

    Bonnie Foster

    William Pitt

    (860) 575-5099

    48 Total Sales

    Bonnie Foster
    Section Image
  • Robin Linares

    Seller Co-Listing Agent in 2024

    Robin Linares

    William Pitt

    (860) 662-1138

    49 Total Sales

    Robin Linares
    Section Image
  • Kurt Bauknecht

    Buyer's Agent in 2024

    Kurt Bauknecht

    Sette Real Estate LLC

    (203) 640-5400

    59 Total Sales

    Kurt Bauknecht
    Section Image
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Map

Source: SmartMLS

MLS Number: 24003744

SmartMLS

APN: MTWN-000020-000000-000148

Connecticut Middlesex County Middletown 06457

580 High St, Middletown, CT

This home is located at 580 High St, Middletown, CT 06457 since 01 April 2024 and is currently estimated at $368,694, approximately $93 per square foot. This property was built in 1900. 580 High 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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