NOT LISTED FOR SALE

60 Prospect St Meriden, CT 06451

Estimated Value: $254,427 - $371,000

6 Beds
3 Baths
2,855 Sq Ft
$108/Sq Ft Est. Value

Last Sold December 02, 2021

Last sale price $170,000 $60 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $2,044/month

18 Days on Market

About This Home

As of December 2021

Fantastic addition to your investment portfolio. 3 unit on a large city lot. Fully rented, comes with tenants in place. No units will be vacated for any sale.
Please request income and expense sheet from agent (tell them it's in the agent document download section) and please do drive by before requesting a showing time. 24 hour notice, no same day showings, do not to approach tenants without confirmed appointment with an agent. Cash, conventional, commercial or hard money loans only, cash 15 day close, all other 30 day close. Absolutely no FHA loans. Property sold separate and apart, no package or portfolio offers.

Last Agent to Sell the Property

Doug St. John

New England Realty Assoc LLC License #RES.0800900 Listed on: 10/11/2021

Last Buyer's Agent

Santo Gulino

William Raveis Real Estate License #RES.0782992

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,815

Year Built

  • Built in 1905

Lot Details

  • 3,920 Sq Ft Lot
  • Sloped Lot

Home Design

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

Interior Spaces

  • 2,855 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • Driveway
  • Off-Street Parking

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Fuel Tank Located in Basement

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Gross Income $31,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,815

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 2855
  • Public Record Living Room Sq Ft: 2855
  • Total Sq Ft: 2855
  • Year Built: 1905
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: Prospect Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Full
  • Attic: No

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Driveway, Off Street Parking

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: In Basement
  • Hot Water Description: 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.0900
  • Lot Description: Sloping Lot
  • Zoning: R-2

Multi Family

  • Gross Annual Income: 31200
  • Unit Count: 3
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 3815
  • Mil Rate Base: 40.860
  • Mil Rate Tax District: 2.670
  • Assessor Parcel Number: 1179420

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2022
Sold by
60 Prospect St Holdings
Bought by
Hldg 74-76 Hillside Ave
Current Estimated Value
$316,341

Purchase Details

Closed on
Mar 16, 2022
Sold by
404 Center St Hldg Llc
Bought by
60 Prospect St Hldg Lc

Purchase Details

Listed on
Oct 11, 2021
Closed on
Dec 1, 2021
Sold by
Simon Pepe Properites Llc
Bought by
404 Center St Hldg Llc
Seller's Agent
Doug St. John
New England Realty Assoc LLC
Buyer's Agent
Santo Gulino
William Raveis Real Estate
List Price
$175,000
Sold Price
$170,000
Premium/Discount to List
-$5,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.44%

Purchase Details

Closed on
Feb 24, 2015
Sold by
Connecticut Property M
Bought by
Simon Pepe Properties

Purchase Details

Listed on
Nov 2, 2012
Closed on
Feb 26, 2013
Sold by
Carusone Michael
Bought by
Ct Prop Mgmt & Real Est
Seller's Agent
Joseph M. Gruttadauria
Vylla Home (CT) LLC
Buyer's Agent
Michael DelGreco
New England Realty Assoc LLC
List Price
$59,900
Sold Price
$33,500
Premium/Discount to List
-$26,400
-44.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.74%

Purchase Details

Closed on
Jul 20, 2012
Sold by
Acevedo Miguel
Bought by
Stanwich Mortgage Loan

Purchase Details

Closed on
Sep 8, 2005
Sold by
Wright Wayne W
Bought by
Acevedo Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,400
Interest Rate
5.79%

Purchase Details

Closed on
Oct 19, 2001
Sold by
Webster Bk
Bought by
Wright Wayne W

Purchase Details

Closed on
Aug 17, 1988
Sold by
Suchoski Antoinette
Bought by
Ranchinsky Walter
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Hldg 74-76 Hillside Ave -- None Available
60 Prospect St Hldg Lc $180,000 None Available
404 Center St Hldg Llc $170,000 None Available
Simon Pepe Properties -- --
Ct Prop Mgmt & Real Est -- --
Carusone Michael $33,500 --
Stanwich Mortgage Loan $199,107 --
Acevedo Miguel $174,318 --
Wright Wayne W $51,500 --
Ranchinsky Walter $132,450 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ranchinsky Walter $200,000
Previous Owner Ranchinsky Walter $139,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/02/2021 12/02/21 Sold $170,000 -2.9% $60 / Sq Ft
10/29/2021 10/29/21 Pending -- -- --
10/11/2021 10/11/21 For Sale $175,000 +422.4% $61 / Sq Ft
02/22/2013 02/22/13 Sold $33,500 -44.1% $12 / Sq Ft View Prior Sale
02/02/2013 02/02/13 Pending -- -- --
11/02/2012 11/02/12 For Sale $59,900 -- $21 / 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 $4,681 $123,480 $19,600 $103,880
2024 $4,755 $123,480 $19,600 $103,880
2023 $4,584 $123,480 $19,600 $103,880
2022 $4,324 $123,480 $19,600 $103,880
2021 $3,815 $87,640 $16,520 $71,120
2020 $3,783 $87,150 $16,520 $70,630
2019 $3,751 $87,150 $16,520 $70,630
2018 $3,766 $87,150 $16,520 $70,630
2017 $3,586 $85,260 $16,520 $68,740
2016 $3,745 $96,740 $18,480 $78,260
2015 $3,745 $96,600 $18,340 $78,260
2014 $3,654 $96,600 $18,340 $78,260
Source: Public Records

Agents Affiliated with this Home

  • Doug St. John

    Seller's Agent in 2021

    Doug St. John

    New England Realty Assoc LLC

    (203) 374-0379

    40 in this area

    76 Total Sales

    Doug St. John
    Section Image
  • Santo Gulino

    Buyer's Agent in 2021

    Santo Gulino

    William Raveis Real Estate

    (860) 655-7004

    33 in this area

    166 Total Sales

    Santo Gulino
    Section Image

  • J

    Seller's Agent in 2013

    Joseph M. Gruttadauria

    Vylla Home (CT) LLC

  • Michael DelGreco

    Buyer's Agent in 2013

    Michael DelGreco

    New England Realty Assoc LLC

    (203) 631-0832

    30 in this area

    197 Total Sales

    Michael DelGreco
    Section Image
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Map

Source: SmartMLS

MLS Number: 170444304

SmartMLS

APN: MERI-000102-000007-000018

Connecticut New Haven County Meriden 06451

60 Prospect St, Meriden, CT

Not Listed for Sale

MultiFamily

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