NOT LISTED FOR SALE

6 Durant Terrace Middletown, CT 06457

Estimated Value: $267,102 - $336,000

6 Beds
2 Baths
1,688 Sq Ft
$179/Sq Ft Est. Value

Last Sold April 15, 2021

Last sale price $205,000 $121 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,143/month

33 Days on Market

Highlights

  • ENERGY STAR Certified Homes
  • Baseboard Heating
  • Level Lot
  • No HOA
  • Private Driveway

About This Home

As of April 2021

Attention Investors! Solid 8.5% CAP available in Middletown. Fully rented and stable 2-family. Sec 8 tenants have been in place for over 4 years. Property grosses close to $30K/year. Tenants pay all utilities. Tenants have washer/dryer hook-ups in their unit. There is ample parking for tenants in rear of building. Units were recently updated. HVAC is newer, heat is gas. Public Water/Public Sewer.

Last Agent to Sell the Property

Cecilia Faraci

Revolution Properties, LLC License #REB.0790399 Listed on: 01/30/2021

Last Buyer's Agent

Ana Skarzynski

William Pitt Sotheby's Int'l License #RES.0813741

William Pitt Sotheby's Int'l

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,291

Year Built

  • Built in 1880

Lot Details

  • 9,148 Sq Ft Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 1,688 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Parking

  • Private Driveway
  • Paved Parking
  • Off-Street Parking

Eco-Friendly Details

  • ENERGY STAR Certified Homes

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $29,820

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,291

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1688
  • Public Record Living Room Sq Ft: 1688
  • Total Sq Ft: 1688
  • Year Built: 1880
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 3488
  • Directions: South Main to Durant to Durant Terrace #6 Blue house on left.
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Full With Hatchway
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: No
  • Street Number Modifier: 6

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: 40 Gallon Tank, Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Energy Features: Energy Star Rated

Lot Info

  • Acres: 0.2100
  • Lot Description: Level Lot
  • Zoning: RPZ

Multi Family

  • Gross Annual Income: 29820
  • Unit Count: 2
  • Total Multi Family: 10
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 4291
  • Total Assessed Value: 104660
  • Mil Rate Base: 35.800
  • Mil Rate Tax District: 5.203
  • Mil Rate Total: 41.003
  • Assessor Parcel Number: 1012448

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
Jun 25, 2018
Closed on
Oct 29, 2018
Sold by
Melia Joanne M and Monarca Mrco S
Bought by
Douda Yaassine
Seller's Agent
Natuzza Dimasi
William Raveis Real Estate
Buyer's Agent
Tracy Molloy
Coldwell Banker Realty
List Price
$199,900
Sold Price
$185,000
Premium/Discount to List
-$14,900
-7.45%
Total Days on Market
33
Current Estimated Value
$302,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,276
Avg. Annual Appreciation
7.69%

Purchase Details

Closed on
Jun 1, 2006
Sold by
Puchalski Gary
Bought by
Melia Joanne M and Monarca Marco S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.55%
Source: Public Records

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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
Douda Yaassine $185,000 --
Melia Joanne M $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Melia Joanne M $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2021 04/15/21 Sold $205,000 -6.8% $121 / Sq Ft
03/04/2021 03/04/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $220,000 0.0% $130 / Sq Ft
02/10/2021 02/10/21 Pending -- -- --
01/30/2021 01/30/21 For Sale $220,000 +18.9% $130 / Sq Ft
10/26/2018 10/26/18 Sold $185,000 -5.1% $98 / Sq Ft
09/17/2018 09/17/18 Price Changed $194,900 -2.5% $103 / Sq Ft
06/25/2018 06/25/18 For Sale $199,900 0.0% $106 / Sq Ft
12/04/2017 12/04/17 Under Contract -- -- --
12/01/2017 12/01/17 Rented $1,225 -2.0% --
07/01/2017 07/01/17 For Rent $1,250 0.0% --
06/20/2017 06/20/17 Under Contract -- -- --
04/18/2017 04/18/17 For Rent $1,250 0.0% --
11/01/2016 11/01/16 Rented $1,250 0.0% --
09/28/2016 09/28/16 Under Contract -- -- --
08/12/2016 08/12/16 For Rent $1,250 +4.2% --
06/09/2015 06/09/15 Rented $1,200 0.0% --
05/01/2015 05/01/15 Under Contract -- -- --
04/15/2015 04/15/15 For Rent $1,200 0.0% --
10/01/2013 10/01/13 Rented $1,200 -7.7% --
08/28/2013 08/28/13 Under Contract -- -- --
03/10/2013 03/10/13 For Rent $1,300 -- --
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 $5,429 $153,320 $57,940 $95,380
2023 $5,153 $153,320 $57,940 $95,380
2022 $4,318 $104,660 $36,590 $68,070
2021 $4,299 $104,660 $36,590 $68,070
2020 $4,291 $104,660 $36,590 $68,070
2019 $4,312 $104,660 $36,590 $68,070
2018 $4,164 $104,660 $36,590 $68,070
2017 $4,705 $121,640 $42,500 $79,140
2016 $4,611 $121,640 $42,500 $79,140
2015 $4,509 $121,640 $42,500 $79,140
2014 $4,504 $121,640 $42,500 $79,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170369478

SmartMLS

APN: MTWN-000026-000000-000528