NOT LISTED FOR SALE

763 N Colony Rd Meriden, CT 06450

Estimated Value: $283,000 - $431,000

6 Beds
2 Baths
1,672 Sq Ft
$214/Sq Ft Est. Value

Last Sold October 09, 2024

Last sale price $400,000 $239 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $2,260/month

7 Days on Market

Highlights

  • Attic
  • Hot Water Circulator
  • Wood Siding
  • Corner Lot
  • Hot Water Heating System

About This Home

As of October 2024

This beautifully maintained two-family property is the perfect blend of comfort and versatility. Each spacious unit lives like a 3-bedroom, 1-bath, providing ample room for families or tenants. The second-floor unit features access to a attic space, ideal for additional storage. New windows throughout, and a detached two-car garage adds convenience and value. Nestled in a desirable neighborhood, this property is perfect for investors or those looking to generate rental income while enjoying the comforts of home. Don't miss this incredible opportunity!

Last Agent to Sell the Property

Ruth Lara Deane

Seer Realty License #REB.0793782 Listed on: 08/22/2024

Last Buyer's Agent

JR Torchon

eXp Realty License #REB.0792558

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,955

Year Built

  • Built in 1910

Lot Details

  • 7,405 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Garage

Home Design

  • Brick Foundation
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,672 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Hot Water Circulator

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 1167191

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,955

Year Built

Built in 1910

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: 1672
  • Total Sq Ft: 1672
  • Year Built: 1910
  • New Construction: No/Resale
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Directions: North Colony Corner of Frary Ave
  • Financing Used: FHA
  • Street Type: Road
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full, Unfinished
  • Attic: Yes

Exterior Features

  • Exterior Siding: Wood
  • Foundation Type: Brick, Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Garage And Parking: Detached Garage

Utilities

  • Cooling System: None
  • Heat Type: Hot Water
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas, 50 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Lot Info

  • Acres: 0.17
  • Lot Description: Corner Lot
  • Zoning: C-3
  • Parcel #: 1167191

Multi Family

  • Total Number Of Units: 2

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 3955

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2024
Closed on
Oct 9, 2024
Sold by
Castelan Prop Llc
Bought by
Daniel Lubny
Seller's Agent
Ruth Lara Deane
Seer Realty
Buyer's Agent
JR Torchon
eXp Realty
List Price
$385,000
Sold Price
$400,000
Premium/Discount to List
$15,000
3.9%
Views
70
Current Estimated Value
$357,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$42,099
Avg. Annual Appreciation
-8.78%
Original Mortgage
$392,755
Outstanding Balance
$387,703
Interest Rate
5.75%
Mortgage Type
FHA
Estimated Equity
-$29,802

Purchase Details

Closed on
Sep 27, 2007
Sold by
Weld Andrew M
Bought by
Borrero Angel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 2004
Sold by
Korp Willaim J
Bought by
Weld Andrew M

Purchase Details

Closed on
Jan 4, 1999
Sold by
Wilcox David and Wilcox Louise
Bought by
Korp William J

Purchase Details

Closed on
Aug 15, 1996
Sold by
Carabetta Lisa
Bought by
Wilcox David and Wilcox Louise
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
Daniel Lubny $400,000 First American Title
Daniel Lubny $400,000 First American Title
Borrero Angel $165,000 --
Borrero Angel $165,000 --
Weld Andrew M $135,000 --
Weld Andrew M $135,000 --
Korp William J $70,000 --
Korp William J $70,000 --
Wilcox David $65,000 --
Wilcox David $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daniel Lubny $392,755
Closed Daniel Lubny $392,755
Previous Owner Wilcox David $145,000
Previous Owner Wilcox David $148,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/09/2024 10/09/24 Sold $400,000 +3.9% $239 / Sq Ft
08/29/2024 08/29/24 Pending -- -- --
08/22/2024 08/22/24 For Sale $385,000 +97.4% $230 / Sq Ft
03/07/2024 03/07/24 Sold $195,000 -13.3% $117 / Sq Ft View Prior Sale
01/18/2024 01/18/24 Pending -- -- --
01/02/2024 01/02/24 For Sale $225,000 -- $135 / 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
2025 $4,559 $113,680 $30,240 $83,440
2024 $4,128 $113,680 $30,240 $83,440
2023 $3,955 $113,680 $30,240 $83,440
2022 $3,540 $107,310 $30,240 $77,070
2021 $3,203 $78,400 $30,590 $47,810
2020 $3,203 $78,400 $30,590 $47,810
2019 $6,201 $78,400 $30,590 $47,810
2018 $3,218 $78,400 $30,590 $47,810
2017 $3,130 $78,400 $30,590 $47,810
2016 $3,133 $85,330 $29,190 $56,140
2015 $3,133 $85,540 $29,400 $56,140
2014 $3,057 $85,540 $29,400 $56,140
Source: Public Records

Agents Affiliated with this Home

  • Ruth Lara Deane

    Seller's Agent in 2024

    Ruth Lara Deane

    Seer Realty

    (914) 575-7548

    8 in this area

    23 Total Sales

    Ruth Lara Deane
    Section Image

  • J

    Seller's Agent in 2024

    Janie Ouellette

    Coldwell Banker

    (203) 980-5916

    2 in this area

    58 Total Sales

    Janie Ouellette
    Section Image
  • JR Torchon

    Buyer's Agent in 2024

    JR Torchon

    eXp Realty

    (646) 305-9860

    6 in this area

    88 Total Sales

    JR Torchon
    Section Image
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Map

Source: SmartMLS

MLS Number: 24040553

SmartMLS

APN: MERI-000411-000151-000003A

Connecticut New Haven County Meriden 06450

763 N Colony Rd, Meriden, CT

Not Listed for Sale

MultiFamily

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