Seller's Agent in 2023
Sherry Ford-Lyman
Nimble Realty
(860) 729-4483
6 Total Sales
71 Spring St Middletown, CT 06457
Estimated Value: $310,000 - $350,253
6
Beds
2.5
Baths
2,408
Sq Ft
$138/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Attic
- No HOA
- Finished Attic
- Corner Lot
- 4-minute walk to Willie Pep Skateboard Park
About This Home
As of March 2023Amazing Investment opportunity in centrally located Middletown neighborhood, on the corner of Pearl and Spring streets. Close to Main St, shopping, restaurants, Wesleyan, and along the bus line. 15 min to Hartford 25 Min to New Haven. Currently utilized as a boarding house, renting out 8 units weekly at 100% capacity. Can easy be converted to (2) unit multi family. Each side has 3 bedrooms + a 2-room attic space (with closet and separate heating), kitchen, dining room, living room, enclosed porch, full bath (one side includes additional ½ bath), and full basement with room for storage. Living and dining rooms boast hardwood floors. Selling furnished. Separate Utilities for each side. Gas heat and HW (50gal upgraded tank on one side, 40 gal on other). Paved driveway can easily accommodate 3 cars, with additional off-street parking. Fence surrounds entire property, including backyard for privacy. Property sold as-is.
** 2 attic units provide an additional 382 SQ of living space each, with bedroom, separate sitting room, foyer, and separate heating
Last Agent to Sell the Property
Nimble Realty License #RES.0825088 Listed on: 12/18/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,139
Year Built
- Built in 1899
Lot Details
- 5,227 Sq Ft Lot
- Corner Lot
Home Design
- Side-by-Side
- Gable Roof Shape
- Concrete Foundation
- Stone Foundation
- Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 2,408 Sq Ft Home
- Ceiling Fan
- Concrete Flooring
- Finished Attic
Bedrooms and Bathrooms
- 6 Bedrooms
Basement
- Basement Fills Entire Space Under The House
- Shared Basement
Parking
- Driveway
- On-Street Parking
- Off-Street Parking
Outdoor Features
- Enclosed Patio or Porch
- Rain Gutters
Location
- Property is near public transit
- Property is near shops
- Property is near a bus stop
Utilities
- Cooling System Mounted In Outer Wall Opening
- Hot Water Heating System
- Heating System Uses Natural Gas
- Hot Water Circulator
Listing and Financial Details
- Exclusions: Selling Furnished
Community Details
Overview
- No Home Owners Association
- 2 Units
Additional Features
- Public Transportation
- Gross Income $76,960
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 16, 2025
Sold by
Paradise Landseaping & Tr
Bought by
71 Spring Llc
Current Estimated Value
Purchase Details
Listed on
Dec 18, 2022
Closed on
Feb 23, 2023
Sold by
Davis Ronald B
Bought by
Paradise Landscaning & Tr
Seller's Agent
Sherry Ford-Lyman
Nimble Realty
Buyer's Agent
Ariel Tortora
William Raveis Real Estate
List Price
$299,500
Sold Price
$299,000
Premium/Discount to List
-$500
-0.17%
Views
118
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.90%
Purchase Details
Closed on
Nov 22, 2016
Sold by
Ferguson Donna
Bought by
Davis Ronald B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,884
Interest Rate
4.5%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 20, 2007
Sold by
Northside Apartments L
Bought by
Ferguson Donna
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,810
Interest Rate
6.3%
Purchase Details
Closed on
May 29, 2001
Sold by
Dawe Phyllis and Pandolfo Marie
Bought by
Wettemann Paul and Wetteman Elaine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.05%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 71 Spring Llc | -- | None Available | |
| 71 Spring Llc | -- | None Available | |
| Paradise Landscaning & Tr | $299,000 | None Available | |
| Paradise Landscaning & Tr | $299,000 | None Available | |
| Davis Ronald B | $172,000 | -- | |
| Davis Ronald B | $172,000 | -- | |
| Ferguson Donna | $138,600 | -- | |
| Ferguson Donna | $138,600 | -- | |
| Wettemann Paul | $100,000 | -- | |
| Wettemann Paul | $100,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Davis Ronald B | $168,884 | |
| Previous Owner | Wettemann Paul | $117,810 | |
| Previous Owner | Wettemann Paul | $80,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/01/2023 03/01/23 | Sold | $299,000 | -0.2% | $124 / Sq Ft |
| 12/26/2022 12/26/22 | Pending | -- | -- | -- |
| 12/18/2022 12/18/22 | For Sale | $299,500 | -- | $124 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
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 | $6,835 | $185,730 | $43,240 | $142,490 |
| 2023 | $6,519 | $185,730 | $43,240 | $142,490 |
| 2022 | $5,139 | $116,790 | $15,760 | $101,030 |
| 2021 | $5,139 | $116,790 | $15,760 | $101,030 |
| 2020 | $5,162 | $116,790 | $15,760 | $101,030 |
| 2019 | $5,185 | $116,790 | $15,760 | $101,030 |
| 2018 | $5,104 | $116,790 | $15,760 | $101,030 |
| 2017 | $5,575 | $131,490 | $32,730 | $98,760 |
| 2016 | $5,417 | $131,490 | $32,730 | $98,760 |
| 2015 | $5,207 | $131,490 | $32,730 | $98,760 |
| 2014 | $5,260 | $131,490 | $32,730 | $98,760 |
Source: Public Records
Agents Affiliated with this Home
-
Sherry Ford-Lyman
-
Ariel Tortora
Buyer's Agent in 2023
Ariel Tortora
William Raveis Real Estate
(203) 500-3243
73 Total Sales
Map
Source: SmartMLS
MLS Number: 170540228
APN: MTWN-000022-000000-000065
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