$1,000,000
SOLD NOV 15, 2024

691 Preston Ave Middletown, CT 06457

15 Acres
$68,493 Price per Acre
635,976 Sq Ft Lot

Recently Sold

30% Below List Price

87 Days on Market

About This Lot

As of November 2024

4.4 acres in Meriden zoned R-R "Residential", 14.6 acres in Middletown zoned IOP "Interstate Office Park" and 15.0 acres in Middlefield zoned PO "Planned Office" the property has 273 ft. of frontage on Preston Ave that is used as the primary entrance, 448 ft. of non-accessible frontage along I-91 and also a 50 ft. wide "Right of Way" that is not currently used at the southern end of the property from Preston Ave. The property consists level and rolling terrain mostly cleared agricultural fields, woodland and some inland wetland areas. The property is improved with an updated 3500 sq. ft. 8 room dwelling, 2 fireplaces, 3 stop elevator, 2 car garage plus a separate detached 3 car barn w/stairway to a loft and shed. Property is agent-owned.

Last Agent to Sell the Property

Derek Greene

Derek Greene License #REB.0758797 Listed on: 08/20/2024

Last Buyer's Agent

Non Member

Non-Member

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,913

Lot Details

  • 14.6 Acre Lot
  • Property fronts an interstate
  • 3 Lots in the community
  • Property is zoned IOP

Location

  • Property is near shops

Utilities

  • Gas Available
  • Private Water Source
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1013478

Property Details

Property Type

Land

Est. Annual Taxes

$10,913

Lot Details

0

Listing Details

  • Property Type: Lots and Land For Sale
  • Nearby Amenities: Medical Facilities, Park, Shopping/Mall
  • Property Sub Type: Commercial Land
  • Direct Waterfront: No
  • Encumbrances Restrictions: Inland-Wetland Restrictions
  • Directions: From east side of Meriden, Route 66, East Main Street or I-91 southbound Exit #19 to Preston Avenue alongside I-91 northbound entrance #19
  • Financing Used: Conventional Fixed
  • Spec Assoc Asses: No
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Street Number Modifier: 691

Exterior Features

  • Waterfront Description: Not Applicable
  • Road Frontage Description: Interstate Highway, Municipal Street, Paved Road
  • Road Frontage Approximate: 721

Utilities

  • Water Source: Private Water System
  • Sewer: Public Sewer In Street
  • Utilities Available: Electric, Gas Available, Cable

Lot Info

  • Acres: 14.6
  • Lot Description: Some Wetlands Farm Land Lightly Wooded Dry Cleared
  • Flood Zone: No
  • Lot Improvements: Approved Building Lot, Curb Cut(s), Storm Drain(s), House(S), Barn(S), Shed
  • Lots Number Of: 3
  • Subdividable Ynu: Yes
  • Zoning: IOP
  • Parcel #: 1013478

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 10913
  • Total Assessed Value: 341670
  • Mil Rate Total: 31.94

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

Property History

Date Event Price Change Sq Ft Price
12/09/2024 12/09/24 Pending -- -- --
11/15/2024 11/15/24 Sold $1,000,000 -29.8% --
08/20/2024 08/20/24 For Sale $1,425,000 -- --
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 24041090

SmartMLS

APN: MTWN M:04 L:0025