NOT LISTED FOR SALE

67 Ferry St Middletown, CT 06457

Estimated Value: $167,000 - $301,316

5 Beds
2 Baths
2,308 Sq Ft
$103/Sq Ft Est. Value

Last Sold May 30, 2018

Last sale price $85,200 $37 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $1,746/month

10 Days on Market

Highlights

  • 1 Fireplace
  • 1 Car Detached Garage
  • Baseboard Heating
  • No HOA

About This Home

As of May 2018

Great investment opportunity to own an income earning home! Seller will not complete any repairs to the subject property, either lender or buyer requested. The property is sold in AS IS condition.

Last Agent to Sell the Property

Michael DelGreco

New England Realty Assoc LLC License #REB.0788850 Listed on: 04/23/2018

Last Buyer's Agent

Rita Mercier

Central Connecticut Realtors License #RES.0461277

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Concrete Foundation
  • Asphalt Shingled Roof
  • Concrete Siding
  • Vinyl Siding

Interior Spaces

  • 2,308 Sq Ft Home
  • 1 Fireplace

Basement

  • Basement Hatchway
  • Crawl Space

Schools

  • Middletown High School

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

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: 2308
  • Public Record Living Room Sq Ft: 2308
  • Total Sq Ft: 2308
  • Year Built: 1900
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3815
  • Directions: Ferry St in Middletown
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Basement Description: Crawl Space, Hatchway Access
  • Attic: No

Exterior Features

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

Garage/Parking

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

Utilities

  • Heat Type: Baseboard
  • 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: 0.1300
  • Lot Description: N/A
  • Zoning: B-1

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 4843
  • Mil Rate Base: 33.900
  • Mil Rate Tax District: 8.500
  • Assessor Parcel Number: 1013376

Multi Family

  • Total Num Of Units: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2018
Closed on
May 31, 2018
Sold by
Fhlmc
Bought by
Beskovic Rafet and Beskovic Etem
Seller's Agent
Michael DelGreco
New England Realty Assoc LLC
Buyer's Agent
Rita Mercier
Central Connecticut Realtors
List Price
$84,900
Sold Price
$85,200
Premium/Discount to List
$300
0.35%
Current Estimated Value
$238,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,379
Avg. Annual Appreciation
14.45%
Original Mortgage
$50,000
Outstanding Balance
$43,052
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$195,527

Purchase Details

Listed on
Apr 23, 2018
Closed on
Apr 5, 2018
Sold by
Provident Funding Asso
Bought by
Fhlmc
Seller's Agent
Michael DelGreco
New England Realty Assoc LLC
Buyer's Agent
Rita Mercier
Central Connecticut Realtors
List Price
$84,900
Sold Price
$85,200
Premium/Discount to List
$300
0.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Outstanding Balance
$43,052
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$195,527

Purchase Details

Closed on
May 19, 1978
Bought by
Santangelo Peter R and Santangelo Barbara D
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 $85,200 --
Fhlmc -- --
Provident Funding Asso -- --
Santangelo Peter R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beskovic Rafet $50,000
Previous Owner Santangelo Peter R $16,000
Previous Owner Santangelo Peter R $92,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2018 05/30/18 Sold $85,200 +0.4% $37 / Sq Ft
05/03/2018 05/03/18 Pending -- -- --
04/23/2018 04/23/18 For Sale $84,900 -- $37 / 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 $5,981 $153,750 $43,700 $110,050
2024 $5,658 $153,750 $43,700 $110,050
2023 $5,397 $153,750 $43,700 $110,050
2022 $4,118 $93,600 $15,930 $77,670
2021 $4,118 $93,600 $15,930 $77,670
2020 $4,137 $93,600 $15,930 $77,670
2019 $4,156 $93,600 $15,930 $77,670
2018 $4,090 $93,600 $15,930 $77,670
2017 $4,843 $114,210 $32,930 $81,280
2016 $4,705 $114,210 $32,930 $81,280
2015 $4,523 $114,210 $32,930 $81,280
2014 $4,568 $114,210 $32,930 $81,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170075744

SmartMLS

APN: MTWN-000022-000000-000571