NOT LISTED FOR SALE

74 Hillside Ave Meriden, CT 06451

Estimated Value: $203,000 - $328,000

7 Beds
3 Baths
2,591 Sq Ft
$103/Sq Ft Est. Value

Last Sold December 02, 2021

Last sale price $130,000 $50 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $1,866/month

18 Days on Market

About This Home

As of December 2021

Fantastic addition to your investment portfolio. Fully rented, comes with tenants in place. No units will be vacated for any sale. Please request income and expense sheet from your agent (tell them it's in the agent document download section) and please do drive by before requesting a showing time. 24 hour notice, no same day showings, do not to approach tenants without confirmed appointment with an agent. Cash, commercial or hard money loans only, cash 15 day close, all other 30 day close. Absolutely no FHA loans. Property sold separate and apart, no package or portfolio offers.

Last Agent to Sell the Property

Richard Tirado

New England Realty Assoc LLC License #RES.0790695 Listed on: 10/11/2021

Last Buyer's Agent

Santo Gulino

William Raveis Real Estate License #RES.0782992

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,504

Year Built

  • Built in 1895

Lot Details

  • 3,920 Sq Ft Lot
  • Sloped Lot

Parking

  • Off-Street Parking

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,591 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Attic

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Heating System Uses Oil Above Ground

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Exclusions: commission on net to seller

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,504

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2591
  • Public Record Living Room Sq Ft: 2591
  • Total Sq Ft: 2591
  • Year Built: 1895
  • Property Sub Type: 2 Family
  • Exclusions: commission on net to seller
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: GPS - 74 Hillside Ave Meriden CT
  • Special Features: None

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Full
  • Attic: Yes
  • Street Number Modifier: 74

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Off Street Parking

Utilities

  • Heat Type: No Heat
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.0900
  • Lot Description: Sloping Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R-2

Multi Family

  • Unit Count: 2
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 3504
  • Total Assessed Value: 80500
  • Mil Rate Base: 40.860
  • Mil Rate Tax District: 2.670
  • Mil Rate Total: 43.530
  • Assessor Parcel Number: 1179504

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 2, 2022
Sold by
404 Center St Hldg Llc
Bought by
74-76 Hillside Ave Hldg
Total Days on Market
18
Current Estimated Value
$267,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Outstanding Balance
$108,617
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$158,605

Purchase Details

Listed on
Oct 11, 2021
Closed on
Dec 1, 2021
Sold by
Simon Pepe Properites Llc
Bought by
404 Center St Hldg Llc
Seller's Agent
Richard Tirado
New England Realty Assoc LLC
Buyer's Agent
Santo Gulino
William Raveis Real Estate
List Price
$138,000
Sold Price
$130,000
Premium/Discount to List
-$8,000
-5.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.64%

Purchase Details

Closed on
May 26, 2015
Sold by
Connecticut Property M
Bought by
Simon Apple Properties

Purchase Details

Listed on
Dec 10, 2013
Closed on
Jan 30, 2014
Sold by
Mingolello Michael W
Bought by
Ct Property Mgmt & Re Sv
Seller's Agent
Betsy Cooney
Cornerstone Real Estate, LLC
Buyer's Agent
Michael DelGreco
New England Realty Assoc LLC
List Price
$34,900
Sold Price
$33,000
Premium/Discount to List
-$1,900
-5.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.18%

Purchase Details

Closed on
May 28, 2013
Sold by
Akbar Rahsaan and Bac Home Loans Svc Lp
Bought by
Bac Home Loans Svc Lp

Purchase Details

Closed on
Jun 7, 2005
Sold by
Poole Mark
Bought by
Akbar Rahsaan and Akbar Maysa

Purchase Details

Closed on
Sep 3, 2002
Sold by
Furrer Trevor
Bought by
Poole Mark

Purchase Details

Closed on
Jun 3, 2002
Sold by
Ingomar Lp
Bought by
Furrer Trevor

Purchase Details

Closed on
Apr 22, 1999
Sold by
1St Mtg Strategies Grp
Bought by
Flood Brian M

Purchase Details

Closed on
Jul 6, 1998
Sold by
Union Planters Natl
Bought by
Frst Mtg Strtgies Grp
Source: Public Records

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Range of Values:

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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
74-76 Hillside Ave Hldg $155,000 None Available
74-76 Hillside Ave Hldg $155,000 None Available
404 Center St Hldg Llc $130,000 None Available
404 Center St Hldg Llc $130,000 None Available
Simon Apple Properties -- --
Simon Apple Properties -- --
Ct Property Mgmt & Re Sv -- --
Mingolello Michael W $33,000 --
Mingolello Michael W $33,000 --
Bac Home Loans Svc Lp -- --
Bac Home Loans Svc Lp -- --
Akbar Rahsaan $174,000 --
Akbar Rahsaan $174,000 --
Poole Mark $106,500 --
Poole Mark $106,500 --
Furrer Trevor $52,000 --
Furrer Trevor $52,000 --
Flood Brian M $30,000 --
Frst Mtg Strtgies Grp $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frst Mtg Strtgies Grp $116,000
Closed Frst Mtg Strtgies Grp $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2021 12/02/21 Sold $130,000 -5.8% $50 / Sq Ft
10/29/2021 10/29/21 Pending -- -- --
10/11/2021 10/11/21 For Sale $138,000 +318.2% $53 / Sq Ft
01/29/2014 01/29/14 Sold $33,000 -5.4% $12 / Sq Ft
12/24/2013 12/24/13 Pending -- -- --
12/10/2013 12/10/13 For Sale $34,900 -- $13 / 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 $4,472 $116,130 $19,600 $96,530
2023 $4,311 $116,130 $19,600 $96,530
2022 $4,067 $116,130 $19,600 $96,530
2021 $3,504 $80,500 $16,520 $63,980
2020 $3,495 $80,500 $16,520 $63,980
2019 $3,465 $80,500 $16,520 $63,980
2018 $3,478 $80,500 $16,520 $63,980
2017 $3,386 $80,500 $16,520 $63,980
2016 $3,607 $93,170 $18,480 $74,690
2015 $3,607 $93,030 $18,340 $74,690
2014 $3,599 $95,130 $18,340 $76,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170444163

SmartMLS

APN: MERI-000102-000006-000021