NOT LISTED FOR SALE

59 Liberty St Meriden, CT 06450

Estimated Value: $395,000 - $438,000

9 Beds
3 Baths
3,450 Sq Ft
$122/Sq Ft Est. Value

Last Sold February 27, 2020

Last sale price $159,900 $46 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $2,480/month

64 Days on Market

Highlights

  • City View
  • Property is near public transit, shops, and bus stop
  • Porch
  • Deck
  • No HOA
  • 2-minute walk to Meriden Linear Trails

About This Home

As of February 2020

This 3 unit Multi-Family is an investors dream. Whether you’re an owner occupant, new investor, or seasoned investor you won’t be disappointed. Located in the heart of Meriden walking distance to DOWNTOWN,the BRAND NEW Meriden Green, Renovated Amtrak Train Station, Dining, and public transit. Short drive to the Westfield Mall, 691 E & W as well as Middletown, Wallingford, Southington, and Newington! The First floor unit is sprawling the entire first floor of the property equipped with 3 bedrooms, Eat-In Kitchen, butlers pantry, and private entrance! The Second floor unit is a generously sized 4 BEDROOM unit with in-unit laundry hook-ups, private balcony, and is currently rented! The Third floor unit is newly updated and freshly painted equipped with 2 bedrooms, Eat-In Kitchen, and private back entryway! This property also features Newer Gas furnaces for the 1st and 2nd Fl units and New Hot Water Heaters as well! The 1st and 2nd Fl apartments have IN-UNIT LAUNDRY hookups for prime marketability to prospective tenants! Take a look and Make an offer so you can own this effortless income generating property before the New Year! This is an AS-IS Sale, inspections for buyer’s information only.

Last Agent to Sell the Property

Atia Hart

William Raveis Real Estate License #RES.0803406 Listed on: 12/09/2019

William Raveis Real Estate

Co-Listed By

Linda O'Hara

William Raveis Real Estate License #RES.0063231

Last Buyer's Agent

Deborah Baker

Berkshire Hathaway NE Prop. License #RES.0785344

Berkshire Hathaway NE Prop.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,265

Year Built

  • Built in 1895

Lot Details

  • 5,663 Sq Ft Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 3,450 Sq Ft Home
  • City Views
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Parking

  • Parking Deck
  • On-Street Parking

Outdoor Features

  • Deck
  • Porch

Location

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

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,265

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 3450
  • Public Record Living Room Sq Ft: 3450
  • Total Sq Ft: 3450
  • Year Built: 1895
  • Nearby Amenities: Basketball Court, Medical Facilities, Park, 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: 5769
  • Directions: Route 5/Broad Street to Liberty Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 9
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Full
  • Laundry Room Location: No Laundry in 3rd Floor
  • Laundry Room Info: Hook-Up In Unit 1, Hook-Up In Unit 2
  • Attic: No

Exterior Features

  • Exterior Features: Deck, Porch
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: On Street Parking

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Electric, Natural Gas
  • Hot Water Description: 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.1300
  • Lot Description: City Views, Level Lot
  • Zoning: R-4

Multi Family

  • Unit Count: 3
  • Total Multi Family: 18
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 4265
  • Mil Rate Base: 41.040
  • Mil Rate Tax District: 2.170
  • Assessor Parcel Number: 1169319

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
Dec 9, 2019
Closed on
Feb 26, 2020
Sold by
Jordan and Jenkins Toni
Bought by
New Horizons Realty Phase
Seller's Agent
Atia Hart
William Raveis Real Estate
Buyer's Agent
Deborah Baker
Berkshire Hathaway NE Prop.
List Price
$159,900
Sold Price
$159,900
Current Estimated Value
$393,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,433
Avg. Annual Appreciation
17.87%
Original Mortgage
$120,000
Outstanding Balance
$108,442
Interest Rate
4.75%
Mortgage Type
Commercial
Estimated Equity
$311,225

Purchase Details

Closed on
Oct 12, 2004
Sold by
Aguilar Lourdes
Bought by
Jordan-Jenkins Toni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.84%

Purchase Details

Closed on
Nov 20, 1998
Sold by
Dubuc Paul J
Bought by
Aguilar Juan and Aguilar Lourdes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,900
Interest Rate
6.49%
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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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
New Horizons Realty Phase $159,900 None Available
Jordan-Jenkins Toni $175,000 --
Aguilar Juan $65,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open New Horizons Realty Phase $120,000
Previous Owner Aguilar Juan $161,250
Previous Owner Aguilar Juan $140,000
Previous Owner Aguilar Juan $35,000
Previous Owner Aguilar Juan $62,900
Closed Aguilar Juan $3,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2020 02/27/20 Sold $159,900 0.0% $46 / Sq Ft
02/11/2020 02/11/20 Pending -- -- --
12/09/2019 12/09/19 For Sale $159,900 -- $46 / 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 $5,313 $140,140 $23,800 $116,340
2024 $5,397 $140,140 $23,800 $116,340
2023 $5,202 $140,140 $23,800 $116,340
2022 $4,908 $140,140 $23,800 $116,340
2021 $4,296 $98,700 $20,090 $78,610
2020 $4,285 $98,700 $20,090 $78,610
2019 $4,248 $98,700 $20,090 $78,610
2018 $4,265 $98,700 $20,090 $78,610
2017 $4,151 $98,700 $20,090 $78,610
2016 $4,342 $112,210 $22,540 $89,670
2015 $4,342 $112,000 $22,330 $89,670
2014 $4,237 $112,000 $22,330 $89,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170256691

SmartMLS

APN: MERI-000201-000084-000041