NOT LISTED FOR SALE

592 E Main St Meriden, CT 06450

Estimated Value: $416,000 - $576,000

9 Beds
3 Baths
4,284 Sq Ft
$119/Sq Ft Est. Value

Last Sold October 24, 2020

Last sale price $325,000 $76 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $3,510/month

16 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • 3 Car Detached Garage
  • Corner Lot
  • Balcony
  • Porch

About This Home

As of October 2020

Perfect multi family for Investors and or owner occupied. Positive cash flow Huge 3 family centrally located. Each floor has 3 beds living room dining room kitchen in each unit. All hardwood floors with French doors and original crown molding. Home is located on a corner lot which has an oversized lot with 3 detached garages. Plenty of parking for all tenants. 2 new Gas furnaces and 1 oil furnace city water and city sewer

Last Agent to Sell the Property

Tracey Daddio

Century 21 AllPoints Realty License #RES.0758018 Listed on: 08/03/2020

Century 21 AllPoints Realty

Last Buyer's Agent

Darrell Hardy

Houlihan Lawrence WD License #RES.0780138

Houlihan Lawrence WD

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,950

Year Built

  • Built in 1920

Lot Details

  • 0.36 Acre Lot
  • Corner Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 4,284 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Car Detached Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Porch

Location

  • Property is near public transit

Schools

  • Francis T. Maloney High School

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Oil Water Heater
  • Fuel Tank Located in Basement

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Additional Features

  • Public Transportation
  • Gross Income $3,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,950

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 4284
  • Public Record Living Room Sq Ft: 4284
  • Total Sq Ft: 4284
  • Year Built: 1920
  • Nearby Amenities: Public Transportation
  • Remarks Public Addendum: must give tenants 24-48 hours . All leases end August 31 2020 so could be an owner occupied or investor. tenant on 1st or 2nd floor are a bit messy. 3rd floor keeps apartment nicely
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Tax Year Updated Dt: 08/03/2020
  • Directions: East Main Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 9
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Full With Hatchway
  • Attic: No
  • Street Number Modifier: 592

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Detached Garage, Driveway, Off Street Parking
  • Garages Number: 3
  • Driveway Type: Paved

Utilities

  • Cooling System: Window Unit
  • Heat Type: Gas on Gas, Radiator
  • Heat Fuel Type: Natural Gas, Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Natural Gas, Oil
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.3600
  • Lot Description: Corner Lot, Level Lot
  • Zoning: R-2

Multi Family

  • Gross Annual Income: 3400
  • Unit Count: 3
  • Total Multi Family: 18
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 6950
  • Total Assessed Value: 160090
  • Mil Rate Base: 40.860
  • Mil Rate Tax District: 2.550
  • Mil Rate Total: 43.410
  • Assessor Parcel Number: 1167355

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2020
Closed on
Oct 16, 2020
Sold by
Felicello Anthony
Bought by
Jones Omar
Seller's Agent
Tracey Daddio
Century 21 AllPoints Realty
Buyer's Agent
Darrell Hardy
Houlihan Lawrence WD
List Price
$319,900
Sold Price
$325,000
Premium/Discount to List
$5,100
1.59%
Current Estimated Value
$531,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,872
Avg. Annual Appreciation
9.71%
Original Mortgage
$319,113
Outstanding Balance
$285,902
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$227,329

Purchase Details

Listed on
May 15, 2017
Closed on
Apr 9, 2018
Sold by
Fredericks Ent Prop Mg
Bought by
Felicello Anthony
Seller's Agent
Mark Massaro
Coldwell Banker Realty
Buyer's Agent
Tracey Daddio
Century 21 AllPoints Realty
List Price
$219,900
Sold Price
$195,000
Premium/Discount to List
-$24,900
-11.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.18%

Purchase Details

Closed on
Jan 3, 2007
Sold by
On Hill E Main Llc
Bought by
Frederick Jonathan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,900
Interest Rate
6.24%

Purchase Details

Closed on
Feb 8, 2000
Sold by
Hilliker Mary E
Bought by
Ricci Peter T and Ricci Sally E
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
Jones Omar $325,000 None Available
Felicello Anthony $195,000 --
Frederick Jonathan M $280,000 --
Ricci Peter T $8,327 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Omar $319,113
Previous Owner Ricci Peter T $100,000
Previous Owner Ricci Peter T $251,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2020 10/24/20 Sold $325,000 +1.6% $76 / Sq Ft
08/19/2020 08/19/20 Pending -- -- --
08/03/2020 08/03/20 For Sale $319,900 +64.1% $75 / Sq Ft
04/06/2018 04/06/18 Sold $195,000 -7.1% $46 / Sq Ft
03/25/2018 03/25/18 Pending -- -- --
02/16/2018 02/16/18 Price Changed $209,900 -4.5% $49 / Sq Ft
11/16/2017 11/16/17 For Sale $219,900 +12.8% $51 / Sq Ft
11/15/2017 11/15/17 Off Market $195,000 -- --
09/25/2017 09/25/17 Price Changed $219,900 -4.3% $51 / Sq Ft
05/15/2017 05/15/17 For Sale $229,900 0.0% $54 / Sq Ft
09/01/2015 09/01/15 Rented $950 0.0% --
09/01/2015 09/01/15 Under Contract -- -- --
05/28/2015 05/28/15 For Rent $950 -5.0% --
06/01/2014 06/01/14 Rented $1,000 -9.1% --
06/01/2014 06/01/14 Under Contract -- -- --
03/08/2014 03/08/14 For Rent $1,100 -- --
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 $8,276 $214,900 $65,380 $149,520
2023 $7,977 $214,900 $65,380 $149,520
2022 $7,526 $214,900 $65,380 $149,520
2021 $6,969 $160,090 $64,680 $95,410
2020 $6,950 $160,090 $64,680 $95,410
2019 $6,890 $160,090 $64,680 $95,410
2018 $6,917 $160,090 $64,680 $95,410
2017 $6,733 $160,090 $64,680 $95,410
2016 $6,367 $164,220 $56,840 $107,380
2015 $6,367 $164,220 $56,840 $107,380
2014 $6,212 $164,220 $56,840 $107,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170323109

SmartMLS

APN: MERI-000209-000101-000013-000014