NOT LISTED FOR SALE

622 High St Middletown, CT 06457

Estimated Value: $242,000 - $303,000

3 Beds
2 Baths
1,570 Sq Ft
$175/Sq Ft Est. Value

Sale Details

Date Sold: November 19, 2021

Last sale price $186,500 $119 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,910 / mo

35 Days on Market

Highlights

  • Property is near public transit and bus stop
  • Attic
  • Public Transportation
  • Finished Attic
  • No HOA
  • Concrete Flooring

About This Home

As of November 2021

Great cash flowing 2 family investment property. Great opportunity to own an investment property in Middletown! Both units have tenants in place. Tenants have been in place for over 5 years. No bad debt. $3,300 in Security deposit collected for peace of mind and will be transferred with the sale. All tenants pay their own utilities. (Heat, Hot water and electric) (Broker & owner related)

Last Agent to Sell the Property

Michael Bradley

Horvath & Tremblay License #REB.0792927 Listed on: 09/28/2021

Last Buyer's Agent

Ron Stewart

Houlihan Lawrence WD License #RES.0815415

Houlihan Lawrence WD

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,803

Year Built

  • Built in 1900

Lot Details

  • 6,970

Home Design

  • Brick Exterior Construction
  • Concrete Foundation
  • Asphalt Shingled Roof
  • Masonry Siding

Interior Spaces

  • 1,570 Sq Ft Home
  • Concrete Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Finished Attic

Parking

  • Driveway
  • Paved Parking

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground

Additional Features

  • 6,970 Sq Ft Lot
  • Property is near public transit and bus stop

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Additional Features

  • Public Transportation
  • Gross Income $26,880

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,803

Year Built

Built in 1900

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1570
  • Public Record Living Room Sq Ft: 1570
  • Total Sq Ft: 1570
  • Year Built: 1900
  • Nearby Amenities: Basketball Court, Medical Facilities, Public Transportation, Walk to Bus Lines
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 3228
  • Directions: Rt 66 (Washington Street) , North on High Street. Property on right.
  • Special Features: None

Interior Features

  • Attic Description: Finished
  • Basement Description: Full, Unfinished, Concrete Floor
  • Attic: Yes

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Paved, Driveway

Utilities

  • Cooling System: Window Unit
  • Heat Type: Radiator
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.1600
  • Lot Description: N/A
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: RPZ

Multi Family

  • Gross Annual Income: 26880
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 3803
  • Mil Rate Base: 35.700
  • Mil Rate Tax District: 8.300
  • Assessor Parcel Number: 1005094

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
Sep 28, 2021
Closed on
Nov 19, 2021
Sold by
618-620 High Street Llc
Bought by
622 High Street Llc
Seller's Agent
Michael Bradley
Horvath & Tremblay
Buyer's Agent
Ron Stewart
Houlihan Lawrence WD
List Price
$199,999
Sold Price
$186,500
Premium/Discount to List
-$13,499
-6.75%
Current Estimated Value
$274,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,209
Avg. Annual Appreciation
9.11%

Purchase Details

Closed on
Feb 14, 2019
Sold by
Monarca Marco S
Bought by
618-620 High St Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 6, 2003
Sold by
Carta Amedeo
Bought by
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
$127,988
Interest Rate
6.08%
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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Purchase History

Date Buyer Sale Price Title Company
622 High Street Llc $186,500 None Available
618-620 High St Llc $142,000 --
Monarca Marco S $129,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 618-620 High St Llc $150,000
Previous Owner Monarca Marco S $22,500
Previous Owner Monarca Marco S $127,988
Previous Owner Monarca Marco S $131,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2021 11/19/21 Sold $186,500 -6.7% $119 / Sq Ft
11/02/2021 11/02/21 Pending -- -- --
11/02/2021 11/02/21 For Sale $199,999 +7.2% $127 / Sq Ft
10/02/2021 10/02/21 Off Market $186,500 -- --
10/02/2021 10/02/21 Pending -- -- --
09/28/2021 09/28/21 For Sale $199,999 0.0% $127 / Sq Ft
07/07/2016 07/07/16 Rented $800 0.0% --
06/25/2016 06/25/16 Under Contract -- -- --
04/15/2016 04/15/16 For Rent $800 -15.8% --
03/31/2016 03/31/16 Rented $950 -17.4% --
03/22/2016 03/22/16 Under Contract -- -- --
06/16/2015 06/16/15 For Rent $1,150 +64.3% --
06/07/2013 06/07/13 Rented $700 0.0% --
05/14/2013 05/14/13 Under Contract -- -- --
04/05/2013 04/05/13 For Rent $700 -- --
Source: SmartMLS

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 $5,573 $143,270 $47,590 $95,680
2024 $5,272 $143,270 $47,590 $95,680
2023 $5,029 $143,270 $47,590 $95,680
2022 $3,803 $86,440 $17,400 $69,040
2021 $3,803 $86,440 $17,400 $69,040
2020 $3,821 $86,440 $17,400 $69,040
2019 $3,838 $86,440 $17,400 $69,040
2018 $3,777 $86,440 $17,400 $69,040
2017 $4,982 $117,510 $37,710 $79,800
2016 $4,841 $117,510 $37,710 $79,800
2015 $4,653 $117,510 $37,710 $79,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170440086

SmartMLS

APN: MTWN-000020-000000-000048

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