NOT LISTED FOR SALE

61 Ridge Rd Middletown, CT 06457

Estimated Value: $346,000 - $394,047

6 Beds
2.5 Baths
3,444 Sq Ft
$107/Sq Ft Est. Value

Last Sold March 30, 2023

Last sale price $280,000 $81 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,650/month

57 Days on Market

Highlights

  • Public Water Access
  • Cape Cod Architecture
  • 1 Fireplace
  • River Front
  • Property is near public transit
  • No HOA

About This Home

As of March 2023

LOCATION! Attention investors, owner occupants, or buyers seeking a home with an in-law apartment, please request your showing time today for 61-63 Ridge Rd! The property sits on a quiet street located right near everything a person would want including, Main Street Middletown, Wesleyan University, and Middlesex Hospital. Very easy on and off the highway entrances and exits. This lovely two family home is designed and presented as a "single family cape cod" style home, but it is a "duplex" or a two family. When entering the home, to the left, is the entrance to apartment or unit one, which has a three bedroom, one and a half bath, kitchen and open living room and dining room as well as access to the basement. Also when entering into home, immediately the staircase going to floor two, the second unit, has private doors to enter, one full bath, three bedrooms, and open living room and kitchenette, and access to backyard from the staircase. Both floors are prepped and ready for the new owner to finalize the look fitting their taste or short or long term aesthetic fitting for anyone. The basement is great for storage, work out area, laundry, full garage access and or entry to upstairs, and ready to be finished for additional living area.

Last Agent to Sell the Property

Tyler DeVecchis

Century 21 AllPoints Realty License #RES.0814134 Listed on: 01/01/2023

Century 21 AllPoints Realty

Last Buyer's Agent

Tracy Vitelli

RE/MAX Alliance License #RES.0798828

RE/MAX Alliance

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,146

Year Built

  • Built in 1969

Lot Details

  • 7,405 Sq Ft Lot
  • River Front
  • Stone Wall
  • Sloped Lot
  • Property is zoned RPZ

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • 1 Fireplace
  • Concrete Flooring
  • Oven or Range

Bedrooms and Bathrooms

  • 6 Bedrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Garage Access
  • Basement Storage

Parking

  • 1 Car Attached Garage
  • Driveway

Outdoor Features

  • Public Water Access

Location

  • Property is near public transit
  • Property is near shops

Schools

  • Keigwin Middle School
  • Middletown High School

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Oil
  • Oil Water Heater
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,146

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Neighborhood: Highland
  • Property Type: Single Family For Sale
  • Style: Cape Cod
  • Sq Ft Est Heated Above Grade: 2038
  • Public Record Living Room Sq Ft: 2038
  • Sq Ft Est Heated Below Grade: 1406
  • Total Sq Ft: 3444
  • Year Built: 1969
  • Nearby Amenities: Library, Medical Facilities, Park, Private School(s), Public Transportation, Shopping/Mall
  • Remarks Public Addendum: For buyers or buyers agents thinking of utilizing this property as a short term rental investment, please do yourself or your clients due diligence by contacting the City of Middletown to research what is allowed in this area, this includes student housing and short term rentals such as Airbnb, VRBO, or nurse rental sites. All showings are show and go, do not miss out!
  • In Law Apartment: Yes
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3444
  • Directions: Use GPS
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 13
  • Total Bedrooms: 6
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Full With Walk-Out, Unfinished, Concrete Floor, Garage Access, Storage
  • Appliances: Oven/Range, Refrigerator
  • Laundry Room Location: Lower Level/Basement
  • Attic: No
  • Street Number Modifier: 61

Exterior Features

  • Exterior Features: Stone Wall
  • Exterior Siding: Aluminum
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: River, Water Community
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage, Driveway
  • Garages Number: 1
  • Driveway Type: Paved, Asphalt

Utilities

  • Cooling System: Central Air
  • Heat Type: Baseboard
  • 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
  • Special Association Assessment Y: No

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Keigwin
  • High School: Middletown
  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.1700
  • Lot Description: Sloping Lot
  • Zoning: RPZ

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 6146
  • Total Assessed Value: 148970
  • Mil Rate Base: 35.700
  • Mil Rate Tax District: 5.555
  • Mil Rate Total: 41.255
  • Assessor Parcel Number: 1008611

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Keigwin
  • High School: Middletown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2023
Closed on
Mar 13, 2023
Sold by
Iskra Eugene J Est and Balsome
Bought by
Turunen Lucas
Seller's Agent
Tyler DeVecchis
Century 21 AllPoints Realty
Buyer's Agent
Tracy Vitelli
RE/MAX Alliance
List Price
$299,900
Sold Price
$280,000
Premium/Discount to List
-$19,900
-6.64%
Views
357
Current Estimated Value
$369,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,512
Avg. Annual Appreciation
11.13%
Original Mortgage
$266,000
Outstanding Balance
$259,756
Interest Rate
6.65%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$96,817

Purchase Details

Closed on
Feb 2, 2010
Sold by
Iskra Eugene J and Iskra Lucinda M
Bought by
Iskra Eugene J and Iskra Lucy M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Turunen Lucas $280,000 None Available
Turunen Lucas $280,000 None Available
Iskra Eugene J -- --
Iskra Eugene J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Turunen Lucas $266,000
Closed Turunen Lucas $266,000
Previous Owner Iskra Eugene J $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2023 03/30/23 Sold $280,000 -6.6% $81 / Sq Ft
02/27/2023 02/27/23 Pending -- -- --
01/01/2023 01/01/23 For Sale $299,900 -- $87 / 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 $7,318 $206,660 $55,670 $150,990
2023 $6,946 $206,660 $55,670 $150,990
2022 $6,146 $148,970 $35,160 $113,810
2021 $6,119 $148,970 $35,160 $113,810
2020 $6,108 $148,970 $35,160 $113,810
2019 $6,138 $148,970 $35,160 $113,810
2018 $5,926 $148,970 $35,160 $113,810
2017 $4,900 $126,680 $36,930 $89,750
2016 $4,802 $126,680 $36,930 $89,750
2015 $5,161 $139,240 $36,930 $102,310
2014 $5,156 $139,240 $36,930 $102,310
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170542393

SmartMLS

APN: MTWN-000035-000000-000313