NOT LISTED FOR SALE

63 Prescott St Meriden, CT 06450

Estimated Value: $356,982 - $433,000

6 Beds
3 Baths
3,660 Sq Ft
$105/Sq Ft Est. Value

Last Sold January 23, 2017

Last sale price $208,000 $57 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $2,676/month

6 Days on Market

Highlights

  • ENERGY STAR Certified Homes
  • No HOA
  • Property is near a bus stop
  • Attic
  • Porch
  • Concrete Flooring

About This Home

As of January 2017

CASH COW! $3300/month Rental Income! Completely Turn-key, Fully Leased 3 Family, Totally Renovated in 2016. Beautifully Updated Kitchens and Baths. Refinished Hardwood Floors, New Ceramic Tile, W&D hookups in every unit and all New Mechanicals - including New Gas Furnaces for each unit. It's even set up for Central A/C, everything's in, just needs condenser units. Tenants pay their own electric, heat and hot water. And everything's new! So all you have to do is collect the rent! This is the needle in the haystack every investor is looking for! Mint condition, low overhead and positive cash flow. A true, completely turn-key Money Maker!

Last Listed By

Carla Cappiello

Coldwell Banker Realty License #RES.0774717 Listed on: 11/17/2016

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,677

Year Built

  • Built in 1925

Lot Details

  • 5,663

Home Design

  • Wood Siding

Interior Spaces

  • 3 Full Bathrooms
  • 3,660 Sq Ft Home
  • 3-Story Property
  • Concrete Flooring
  • Basement Fills Entire Space Under The House
  • Walkup Attic

Parking

  • 3 Parking Spaces
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters
  • Porch

Schools

  • Pboe Elementary And Middle School
  • Pboe High School

Utilities

  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Additional Features

  • ENERGY STAR Certified Homes
  • 5,663 Sq Ft Lot
  • Property is near a bus stop

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Gross Income $39,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,677

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: 3updown - Unit(s) per Floor
  • Total Sq Ft: 3660
  • Year Built: 1925
  • Nearby Amenities: Public Trash Pickup, Walk to Bus Lines
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Broad St to Sherman Ave to Prescott St
  • Special Features: None
  • Stories: 3

Interior Features

  • Full Bathrooms: 3
  • Attic Description: Walk-up
  • Basement Description: Concrete Floor, Full With Hatchway
  • Interior Amenities: Cable - Available
  • Attic: Yes
  • Stories Number Of: 3
  • Street Number Modifier: 63

Exterior Features

  • Exterior Features: Gutters, Lighting, Porch
  • Exterior Siding: Wood
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Asphalt, Gravel
  • Total Parking Spaces: 3

Utilities

  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: PBOE
  • Middle School: PBOE
  • High School: PBOE
  • Intermediate School: PBOE

Green Features

  • Energy Features: Energy Star Rated

Lot Info

  • Acres: 0.1300
  • Flood Zone: No

Rental Info

  • Landlord Responsibility: Grounds Maintenance, Maintenance/Repairs, Sewer, Snow Removal, Trash Service, Water
  • Lease Purchase: No

Multi Family

  • Gross Annual Income: 39600
  • Unit Count: 3
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2016-June 2017
  • Property Tax: 4677
  • Total Assessed Value: 124810
  • Mil Rate Total: 37.470
  • Assessor Parcel Number: 1170755

MLS Schools

  • Elementary School: PBOE
  • Middle Jr High School: PBOE
  • High School: PBOE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2018
Sold by
Koontz Joseph M
Bought by
Prescott Properties Ll
Total Days on Market
6
Current Estimated Value
$384,246

Purchase Details

Listed on
Nov 17, 2016
Closed on
Jan 24, 2017
Sold by
Sh Dixon Properties Ll
Bought by
Koontz Joseph M
Seller's Agent
Carla Cappiello
Coldwell Banker Realty
Buyer's Agent
Denise Castellano
Carbutti & Co., Realtors
List Price
$199,900
Sold Price
$208,000
Premium/Discount to List
$8,100
4.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.03%
Original Mortgage
$204,232
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 21, 2015
Closed on
Oct 14, 2015
Sold by
Us Bank Na Tr
Bought by
S H Dixon Properties Llc
Seller's Agent
Michael DelGreco
New England Realty Assoc LLC
Buyer's Agent
Carla Cappiello
Coldwell Banker Realty
List Price
$55,000
Sold Price
$62,500
Premium/Discount to List
$7,500
13.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
155.83%

Purchase Details

Closed on
Jun 19, 2015
Sold by
Steinbach Michael
Bought by
Us Bank Na Tr

Purchase Details

Closed on
Apr 21, 2011
Sold by
210 Burwell Avenue Llc
Bought by
Peanuts Llc

Purchase Details

Closed on
Feb 5, 2010
Sold by
Steinbach Michael
Bought by
210 Burwell Avenue Llc

Purchase Details

Closed on
Jun 14, 2004
Sold by
Prescott Llc
Bought by
Constitution Holding L

Purchase Details

Closed on
May 26, 2004
Sold by
Lawson Jennifer M
Bought by
Prescott Llc

Purchase Details

Closed on
Apr 15, 2002
Sold by
Mr Properties Llc
Bought by
Lawson Jennifer M

Purchase Details

Closed on
Apr 7, 1995
Sold by
Gen Asset Recovery Llc
Bought by
Monjarrez Amilcar E

Range of Values:

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Average Value
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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
Prescott Properties Ll -- --
Koontz Joseph M $208,000 --
Koontz Joseph M $208,000 --
S H Dixon Properties Llc $62,500 --
S H Dixon Properties Llc $62,500 --
Us Bank Na Tr -- --
Us Bank Na Tr -- --
Peanuts Llc -- --
Peanuts Llc -- --
210 Burwell Avenue Llc -- --
210 Burwell Avenue Llc -- --
Constitution Holding L $127,600 --
Constitution Holding L $127,600 --
Prescott Llc $93,248 --
Prescott Llc $93,248 --
Lawson Jennifer M $118,000 --
Lawson Jennifer M $118,000 --
Monjarrez Amilcar E $91,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Monjarrez Amilcar E $204,232
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2017 01/23/17 Sold $208,000 +4.1% $57 / Sq Ft
11/23/2016 11/23/16 Pending -- -- --
11/17/2016 11/17/16 For Sale $199,900 +219.8% $55 / Sq Ft
10/15/2015 10/15/15 Sold $62,500 +13.6% $17 / Sq Ft
08/14/2015 08/14/15 Pending -- -- --
07/21/2015 07/21/15 For Sale $55,000 -- $15 / 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 $6,308 $163,800 $32,970 $130,830
2023 $6,080 $163,800 $32,970 $130,830
2022 $5,736 $163,800 $32,970 $130,830
2021 $5,339 $122,640 $34,160 $88,480
2020 $5,324 $122,640 $34,160 $88,480
2019 $4,170 $122,640 $34,160 $88,480
2018 $5,299 $122,640 $34,160 $88,480
2017 $5,158 $122,640 $34,160 $88,480
2016 $4,955 $124,810 $23,940 $100,870
2015 $4,831 $124,600 $23,730 $100,870
2014 -- $124,600 $23,730 $100,870
Source: Public Records

Agents Affiliated with this Home

  • Carla Cappiello

    Seller's Agent in 2017

    Carla Cappiello

    Coldwell Banker

    (203) 927-4071

    4 in this area

    71 Total Sales

    Carla Cappiello
    Section Image

  • D

    Buyer's Agent in 2017

    Denise Castellano

    Carbutti & Co., Realtors

    Section Image
  • Michael DelGreco

    Seller's Agent in 2015

    Michael DelGreco

    New England Realty Assoc LLC

    (203) 631-0832

    35 in this area

    243 Total Sales

    Michael DelGreco
    Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: N10182678

SmartMLS

APN: MERI-000402-000141-000004

Connecticut New Haven County Meriden 06450

63 Prescott St, Meriden, CT

Homes for Sale in Meriden, CT

This home is located at 63 Prescott St, Meriden, CT 06450 since 17 November 2016 and is currently estimated at $384,246, approximately $104 per square foot. This property was built in 1925. 63 Prescott St is a home located in New Haven County with nearby schools including Nathan Hale Elementary School, Washington Middle School, and Francis T. Maloney High School.

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