$440,000
SOLD APR 16, 2024

730 Broad St Meriden, CT 06450

7 Beds
3 Baths
3,900 Sq Ft
0.34 Acres

Recently Sold

$113 Per Sq Ft

10% Above List Price

10 Days on Market

Highlights

  • Deck
  • Partially Wooded Lot
  • Baseboard Heating

About This Home

As of April 2024

MULTIPLE OFFERS RECEIVED. SELLER IS ASKING HIGHEST AND BEST OFFERS BY SUNDAY 3/3/2024 AT 9 PM. Great investment opportunity for investors. This 3 unit multifamily property is conveniently located and with easy access to highway and stores. Rear lot has plenty of space for parking. All Units are spacious and updated. Each unit has their own washer and dryer hook up. All units are Leased month to month and all tenants pay rents on time and up to date with rents. Total gross rent $4,000 per month. As-Is sale. Set up an appointment today! PROOF OF FUNDS REQUIRED- please submit to Listing Agent before appointment.

Last Agent to Sell the Property

Maida Balatbat

Eagle Eye Realty PLLC License #RES.0820241 Listed on: 02/23/2024

Eagle Eye Realty PLLC

Last Buyer's Agent

Jennifer Mota

eRealty Advisors, Inc. License #RES.0821080

eRealty Advisors, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,442

Year Built

  • Built in 1980

Lot Details

  • 0.34 Acre Lot
  • Partially Wooded Lot

Home Design

  • 3,900 Sq Ft Home
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Parking

  • 6 Parking Spaces
  • Parking Deck

Outdoor Features

  • Deck

Utilities

  • Baseboard Heating
  • Electric Water Heater

Community Details

  • 3 Units
  • Gross Income $48,000

Listing and Financial Details

  • Assessor Parcel Number 1169858

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,442

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 3900
  • Total Sq Ft: 3900
  • Year Built: 1980
  • New Construction: No/Resale
  • Remarks Public Addendum: Tenants will provide access.
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: I691 to Broad St
  • Financing Used: Other
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement Description: None
  • Laundry Room Location: Each unit has laundry hookup
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: No
  • Street Number Modifier: 730

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Aluminum
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Total Parking Spaces: 6
  • Garage And Parking: None, Off Street Parking

Utilities

  • Cooling System: None
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric, Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

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

Lot Info

  • Acres: 0.34
  • Lot Description: Lightly Wooded
  • Zoning: R-3
  • Parcel #: 1169858

Multi Family

  • Gross Annual Income: 48000
  • Total Number Of Units: 3
  • Unit Count: 3

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 7442
  • Total Assessed Value: 200480
  • Mil Rate Total: 37.12

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2025
Sold by
Raices M & B 2 Llc
Bought by
Raices M & B 1 Llc
Current Estimated Value
$491,343

Purchase Details

Closed on
Feb 11, 2025
Sold by
Jiminez Mario M
Bought by
Raices M & B 2 Llc

Purchase Details

Listed on
Feb 23, 2024
Closed on
Apr 16, 2024
Sold by
Mcgrath John
Bought by
Jimenez Mario M
Seller's Agent
Maida Balatbat
Eagle Eye Realty PLLC
Buyer's Agent
Jennifer Mota
eRealty Advisors, Inc.
List Price
$399,000
Sold Price
$440,000
Premium/Discount to List
$41,000
10.28%
Views
67

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.56%
Original Mortgage
$336,800
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 15, 2019
Closed on
Jun 17, 2019
Sold by
Rios Audel and Rios Marcelo
Bought by
Mcgrath John
Seller's Agent
Jesus Cazorla
LPT Realty - IConn Team
Buyer's Agent
Jenna Currlin
William Raveis Real Estate
List Price
$195,000
Sold Price
$195,500
Premium/Discount to List
$500
0.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.29%
Original Mortgage
$188,657
Interest Rate
4.1%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 26, 2004
Sold by
Gurecka Michael A
Bought by
Rios Audel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,500
Interest Rate
6.28%

Purchase Details

Closed on
Dec 13, 1993
Sold by
Giraulo Anthony
Bought by
Gurecka Michael A
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed $440,000 None Available
Warranty Deed $440,000 None Available
Warranty Deed $440,000 None Available
Warranty Deed $195,500 --
Warranty Deed $195,500 --
Warranty Deed $185,000 --
Warranty Deed $185,000 --
Warranty Deed $125,500 --
Warranty Deed $125,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $336,800 Purchase Money Mortgage
Previous Owner $188,657 FHA
Previous Owner $222,285 No Value Available
Previous Owner $183,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2024 04/16/24 Sold $440,000 +10.3% $113 / Sq Ft
03/04/2024 03/04/24 Pending -- -- --
02/23/2024 02/23/24 For Sale $399,000 +104.1% $102 / Sq Ft
06/18/2019 06/18/19 Sold $195,500 +0.3% $75 / Sq Ft
03/22/2019 03/22/19 Pending -- -- --
03/15/2019 03/15/19 For Sale $195,000 -- $75 / 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 $7,720 $200,480 $28,910 $171,570
2023 $7,442 $200,480 $28,910 $171,570
2022 $7,021 $200,480 $28,910 $171,570
2021 $5,759 $132,300 $24,010 $108,290
2020 $5,743 $132,300 $24,010 $108,290
2019 $5,694 $132,300 $24,010 $108,290
2018 $5,717 $132,300 $24,010 $108,290
2017 $5,565 $132,300 $24,010 $108,290
2016 $5,935 $153,090 $26,880 $126,210
2015 $5,935 $153,090 $26,880 $126,210
2014 $5,791 $153,090 $26,880 $126,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170626455

SmartMLS

APN: MERI-000304-000264-000030