NOT LISTED FOR SALE

63 Ferry St Middletown, CT 06457

Estimated Value: $161,000 - $270,327

5 Beds
2 Baths
1,548 Sq Ft
$139/Sq Ft Est. Value

Last Sold February 28, 2018

Last sale price $77,000 $50 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $1,591/month

47 Days on Market

Highlights

  • Property is near public transit
  • Balcony
  • Porch
  • No HOA
  • 1 Car Detached Garage
  • Public Transportation

About This Home

As of February 2018

Great investor opportunity. Live in the lower unit and rent the upper unit. Some exterior repairs are needed as well as updating. Two units on separate floors. Front and rear entrances. Each unit has a covered porch. Both units have laminate and vinyl flooring, no carpet. Detached one car garage with storage. Basement laundry hookups. Conveniently located to shopping, commuting and employment.

Last Agent to Sell the Property

Lisa Sader-Goede

Aspen Realty Group License #RES.0595795 Listed on: 12/28/2017

Last Buyer's Agent

Rita Mercier

Central Connecticut Realtors License #RES.0461277

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 3,485 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

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

Interior Spaces

  • 1,548 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony
  • Porch

Location

  • Property is near public transit

Utilities

  • Heating System Uses Oil
  • Radiant Heating System
  • Oil Water Heater
  • Fuel Tank Located in Basement

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1548
  • Public Record Living Room Sq Ft: 1548
  • Total Sq Ft: 1548
  • Year Built: 1910
  • Nearby Amenities: Public Transportation
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 2712
  • Directions: GPS friendly. Ferry runs off of Main St. between St. John's Square and Washington St.
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Full, Unfinished
  • Attic: No

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 1

Utilities

  • Heat Type: Radiant
  • 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

Lot Info

  • Acres: 0.0800
  • Lot Description: Level Lot
  • Zoning: B-1

Multi Family

  • Unit Count: 2
  • Total Multi Family: 10
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 4379
  • Mil Rate Base: 33.900
  • Mil Rate Tax District: 8.500
  • Assessor Parcel Number: 1012100

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
Dec 28, 2017
Closed on
Mar 1, 2018
Sold by
Bank New York Mellon T
Bought by
Beskovic Rafet
Seller's Agent
Lisa Sader-Goede
Aspen Realty Group
Buyer's Agent
Rita Mercier
Central Connecticut Realtors
List Price
$84,900
Sold Price
$77,000
Premium/Discount to List
-$7,900
-9.31%
Current Estimated Value
$215,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,082
Avg. Annual Appreciation
13.92%
Original Mortgage
$50,000
Outstanding Balance
$42,399
Interest Rate
4.04%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$172,683

Purchase Details

Closed on
May 6, 2004
Sold by
Perez-Cortes Evelyn
Bought by
Rodrigues Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,400
Interest Rate
5.39%

Purchase Details

Closed on
Feb 7, 1990
Sold by
Eckhouse Tr Steven
Bought by
Perez Juan F

Purchase Details

Closed on
Nov 3, 1987
Sold by
Consoli Luciano
Bought by
Burke Timothy
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
Beskovic Rafet $77,000 --
Rodrigues Carlos $103,000 --
Perez Juan F $103,000 --
Burke Timothy $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beskovic Rafet $50,000
Previous Owner Burke Timothy $140,250
Previous Owner Burke Timothy $119,000
Previous Owner Burke Timothy $82,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2018 02/28/18 Sold $77,000 +0.1% $50 / Sq Ft
02/13/2018 02/13/18 Pending -- -- --
01/18/2018 01/18/18 Price Changed $76,900 -9.4% $50 / Sq Ft
12/28/2017 12/28/17 For Sale $84,900 -- $55 / 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 $5,606 $144,120 $40,430 $103,690
2024 $5,304 $144,120 $40,430 $103,690
2023 $5,059 $144,120 $40,430 $103,690
2022 $3,815 $86,710 $14,740 $71,970
2021 $3,815 $86,710 $14,740 $71,970
2020 $3,833 $86,710 $14,740 $71,970
2019 $3,850 $86,710 $14,740 $71,970
2018 $3,789 $86,710 $14,740 $71,970
2017 $4,379 $103,290 $31,160 $72,130
2016 $4,256 $103,290 $31,160 $72,130
2015 $4,090 $103,290 $31,160 $72,130
2014 $4,132 $103,290 $31,160 $72,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170040385

SmartMLS

APN: MTWN-000022-000000-000572