76 Spring St Unit 78 Middletown, CT 06457
Estimated Value: $356,000 - $531,000
9
Beds
3
Baths
4,686
Sq Ft
$92/Sq Ft
Est. Value
Highlights
- Property is near public transit
- 2 Car Detached Garage
- Ceiling Fan
- No HOA
- Public Transportation
- 5-minute walk to Willie Pep Skateboard Park
About This Home
As of December 2019This house is huge! Each 3 bedroom apartment is over 1500 square feet with hardwood floors, formal living and dining room, eat-in kitchen with pantry, washer/dryer hook-ups and a full bath. All separate utilities and oil heat. Large parking area was just paved a few years ago and there is also a 2 car detached garage. Easy to get to downtown Middletown and Route 9. The 1st floor suffered a small fire in November, 2018 and all damage was contained to 1 bedroom with a wall in the bedroom above and adjacent room also suffering some damage from the fire departments efforts. All clean-up and lead/asbestos testing has been done. Repairs have not been made hence vacancies on 1st and 2nd floor. When fully rented house grossed $54k annually; it can be a money maker again with just a bit of effort. Work is needed to repair fire damage, restore front porches and possibly rebuild back porches. House is being sold "as is" and possibly subject to the insurance company and mortgage holders approval. Will only work for cash or rehab financing. Front photo with porches is what house looked like prior to their removal. Please note, there will not be access to the 3rd floor apartment at this time. Please do not bother the tenants. Thank you!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,571
Year Built
- Built in 1914
Lot Details
- 6,970 Sq Ft Lot
- Level Lot
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Brick Foundation
- Poured Concrete
- Flat Tile Roof
- Masonry Siding
Interior Spaces
- 4,686 Sq Ft Home
- Ceiling Fan
- Concrete Flooring
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 2 Car Detached Garage
- Driveway
Location
- Property is near public transit
Schools
- Macdonough Elementary School
- Middletown High School
Utilities
- Radiator
- Heating System Uses Oil
- Fuel Tank Located in Basement
Community Details
Overview
- No Home Owners Association
- 3 Units
Additional Features
- Public Transportation
- Gross Income $45,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 18, 2021
Sold by
Jam Pass Llc
Bought by
Flat 6 Reaaly Llc
Total Days on Market
12
Current Estimated Value
Purchase Details
Closed on
Apr 5, 2021
Sold by
Maratta Frank S
Bought by
Fm Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
3%
Mortgage Type
Balloon
Purchase Details
Listed on
Nov 22, 2019
Closed on
Dec 18, 2019
Sold by
Willis Annette V
Bought by
Fm Holdings Llc
Seller's Agent
Juliet Cavanaugh
Cavanaugh & Company LLC
Buyer's Agent
Natuzza Dimasi
William Raveis Real Estate
List Price
$199,000
Sold Price
$176,500
Premium/Discount to List
-$22,500
-11.31%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.89%
Purchase Details
Closed on
Sep 6, 2016
Sold by
76-78 Spring Street Ll
Bought by
Carlin Eugene T
Purchase Details
Closed on
Aug 30, 1996
Sold by
Centerbank
Bought by
Carlin Eugene T and Bridgett Robert P
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Similar Homes in Middletown, CT
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Flat 6 Reaaly Llc | $1,100,000 | None Available | |
| Fm Holdings Llc | -- | None Available | |
| Maratta Frank S | -- | None Available | |
| Fm Holdings Llc | $176,500 | None Available | |
| Carlin Eugene T | -- | -- | |
| Carlin Eugene T | $113,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Maratta Frank S | $290,000 | |
| Previous Owner | Carlin Eugene T | $147,000 | |
| Previous Owner | Carlin Eugene T | $153,000 | |
| Previous Owner | Carlin Eugene T | $102,800 | |
| Previous Owner | Carlin Eugene T | $99,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/18/2019 12/18/19 | Sold | $176,500 | -11.3% | $38 / Sq Ft |
| 12/04/2019 12/04/19 | Pending | -- | -- | -- |
| 11/22/2019 11/22/19 | For Sale | $199,000 | 0.0% | $42 / Sq Ft |
| 02/01/2016 02/01/16 | Rented | $1,240 | +12.7% | -- |
| 01/11/2016 01/11/16 | Under Contract | -- | -- | -- |
| 09/28/2015 09/28/15 | For Rent | $1,100 | -- | -- |
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 | $10,135 | $275,420 | $45,090 | $230,330 |
| 2023 | $9,667 | $275,420 | $45,090 | $230,330 |
| 2022 | $7,421 | $168,650 | $16,440 | $152,210 |
| 2021 | $7,421 | $168,650 | $16,440 | $152,210 |
| 2020 | $6,542 | $148,000 | $16,440 | $131,560 |
| 2019 | $6,571 | $148,000 | $16,440 | $131,560 |
| 2018 | $6,468 | $148,000 | $16,440 | $131,560 |
| 2017 | $6,552 | $154,520 | $33,520 | $121,000 |
| 2016 | $6,375 | $154,740 | $33,520 | $121,220 |
| 2015 | $6,128 | $154,740 | $33,520 | $121,220 |
| 2014 | $6,190 | $154,740 | $33,520 | $121,220 |
Source: Public Records
Agents Affiliated with this Home
-
Juliet Cavanaugh
Seller's Agent in 2019
Juliet Cavanaugh
Cavanaugh & Company LLC
(860) 398-0058
81 Total Sales
-
Heather Kilbourn
Seller Co-Listing Agent in 2019
Heather Kilbourn
Cavanaugh & Company LLC
(860) 346-8900
58 Total Sales
-
Natuzza Dimasi
Buyer's Agent in 2019
Natuzza Dimasi
William Raveis Real Estate
(203) 715-3500
265 Total Sales
-
Scott Nardozzi
Seller's Agent in 2016
Scott Nardozzi
Cavanaugh & Company LLC
(860) 306-3259
77 Total Sales
Map
Source: SmartMLS
MLS Number: 170253820
APN: MTWN-000020-000000-000163
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