NOT LISTED FOR SALE

587 Broad St Meriden, CT 06450

Estimated Value: $253,000 - $396,000

6 Beds
2 Baths
2,534 Sq Ft
$130/Sq Ft Est. Value

Last Sold October 30, 2017

Last sale price $90,000 $36 Per Sq Ft

Est. 265% increase in value since last sale

Current estimated payment $2,151/month

5 Days on Market

Highlights

  • Corner Lot
  • Balcony
  • Storm Windows
  • No HOA
  • Porch

About This Home

As of October 2017

Much potential here. Are you handy? 2 Family Home is in need of TLC. However, there is over 1200 sqft of space in each apartment. 3 bedrooms each. Separate entrances. Separate furnaces, oil tanks and hot water heaters. Vinyl sided, off street parking. Big front porch. Raised deck, off 2nd level. Both bathrooms have been remodeled. Small yard for easy maintenance but enough room for BBQ etc. Will not pass FHA

Last Agent to Sell the Property

Christine Zygmont-Ross

Lamacchia Realty License #RES.0787098 Listed on: 09/14/2017

Lamacchia Realty

Last Buyer's Agent

Sandy Maier Schede

Maier Real Estate License #REB.0607710

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,733

Year Built

  • Built in 1885

Lot Details

  • 7,841 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

  • Concrete Foundation
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,534 Sq Ft Home
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Rain Gutters
  • Porch

Schools

  • Washington Middle School
  • Francis T. Maloney High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Heating System Uses Oil
  • Oil Water Heater
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,733

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2534
  • Public Record Living Room Sq Ft: 2534
  • Total Sq Ft: 2534
  • Year Built: 1885
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4311
  • Directions: Corner of Broad St and Liberty St
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Crawl Space
  • Basement Description: Full With Hatchway
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: No
  • Street Number Modifier: 587

Exterior Features

  • Exterior Features: Balcony, Gutters, Porch
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved, Off Street Parking
  • Driveway Type: Paved

Utilities

  • Cooling System: Wall Unit, Window Unit
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Washington
  • High School: Francis T. Maloney

Green Features

  • Energy Features: Storm Doors, Storm Windows

Lot Info

  • Acres: 0.1800
  • Lot Description: Corner Lot, Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: C-1

Multi Family

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

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 3733
  • Total Assessed Value: 88760
  • Mil Rate Base: 39.920
  • Mil Rate Tax District: 2.140
  • Mil Rate Total: 42.060
  • Assessor Parcel Number: 1169121

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Washington
  • High School: Francis T. Maloney

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2019
Sold by
Saleh Nader
Bought by
Broad Street Partners Llc
Current Estimated Value
$328,948

Purchase Details

Listed on
Sep 14, 2017
Closed on
Oct 30, 2017
Sold by
Fisher Lynn C
Bought by
Saleh Nader
Seller's Agent
Christine Zygmont-Ross
Lamacchia Realty
Buyer's Agent
Sandy Maier Schede
Maier Real Estate
List Price
$99,900
Sold Price
$90,000
Premium/Discount to List
-$9,900
-9.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.68%
Original Mortgage
$86,000
Interest Rate
3.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 11, 2011
Sold by
Fisher Edward A
Bought by
Fisher Lynn C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,250
Interest Rate
4.85%
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
Broad Street Partners Llc -- --
Saleh Nader $90,000 --
Fisher Lynn C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fisher Lynn C $86,000
Previous Owner Fisher Lynn C $60,250
Previous Owner Fisher Lynn C $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2017 10/30/17 Sold $90,000 -9.9% $36 / Sq Ft
09/14/2017 09/14/17 For Sale $99,900 -- $39 / 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 $4,885 $126,840 $25,690 $101,150
2023 $4,708 $126,840 $25,690 $101,150
2022 $4,442 $126,840 $25,690 $101,150
2021 $3,864 $88,760 $21,630 $67,130
2020 $3,853 $88,760 $21,630 $67,130
2019 $3,820 $88,760 $21,630 $67,130
2018 $3,835 $88,760 $21,630 $67,130
2017 $3,733 $88,760 $21,630 $67,130
2016 $3,908 $100,800 $24,220 $76,580
2015 $3,908 $100,800 $24,220 $76,580
2014 $3,813 $100,800 $24,220 $76,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170014796

SmartMLS

APN: MERI-000217-000110-000001B