8 Frazier Ave Middletown, CT 06457
7
Beds
4
Baths
3,144
Sq Ft
4,356
Sq Ft Lot
Highlights
- Deck
- No HOA
- Baseboard Heating
- Property is near public transit
- Public Transportation
- 4-minute walk to Willie Pep Skateboard Park
About This Home
As of June 2021CHECK OUT THIS 4 UNIT INVESTMENT PROPERTY. Great opportunity to own a 12 Cap in Middletown! All 4 units have tenants in place with 3 of the 4 leases going to 2022. One lease ends July 2021. All tenants were screened prior to move in and all tenants are currently in good standing. $5,134 in Security deposit collected for peace of mind and will be transferred with the sale. Natural Gas Heat/ hot water in 2 units and Oil heat/hot water in other 2 units. All tenants pay their own utilities. (Heat, Hot water and electric) Well maintained 4 unit investment property for you to buy while money is still cheap.
Last Agent to Sell the Property
Horvath & Tremblay License #REB.0792927 Listed on: 03/27/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,036
Year Built
- Built in 1900
Home Design
- Side-by-Side
- Concrete Foundation
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 3,144 Sq Ft Home
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Full Bathrooms
Parking
- Parking Deck
- On-Street Parking
- Off-Street Parking
Location
- Property is near public transit
- Property is near a bus stop
Utilities
- Radiator
- Baseboard Heating
- Heating System Uses Natural Gas
- Heating System Uses Oil
Additional Features
- Deck
- 4,356 Sq Ft Lot
Community Details
Overview
- No Home Owners Association
- 4 Units
Additional Features
- Public Transportation
- Gross Income $40,860
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 27, 2021
Closed on
Jun 25, 2021
Sold by
Eddge Fund 1 Llc
Bought by
Graham Clare
Seller's Agent
Michael Bradley
Horvath & Tremblay
Buyer's Agent
Davone Biggins
Berkshire Hathaway NE Prop.
List Price
$249,999
Sold Price
$256,000
Premium/Discount to List
$6,001
2.4%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,775
Avg. Annual Appreciation
7.27%
Original Mortgage
$251,363
Outstanding Balance
$230,530
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$108,881
Purchase Details
Closed on
Jan 6, 2015
Sold by
Eddinger Luke and Eddinger Maragerta A
Bought by
Eddge Fund 1 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,900
Interest Rate
3.99%
Purchase Details
Listed on
Jan 8, 2013
Closed on
Feb 13, 2013
Sold by
Lee James E
Bought by
Eddinger Luke
Seller's Agent
Keith Murphy
Innovative Properties
List Price
$92,500
Sold Price
$87,500
Premium/Discount to List
-$5,000
-5.41%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.54%
Purchase Details
Closed on
Apr 13, 2005
Sold by
South Street Grp Llc
Bought by
Fong Christopher
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,537
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Middletown, CT
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $256,000 | None Available | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $87,500 | -- | |
| Warranty Deed | $232,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $251,363 | FHA | |
| Previous Owner | $135,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $500,000 | Unknown | |
| Previous Owner | $560,900 | No Value Available | |
| Previous Owner | $101,537 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/25/2021 06/25/21 | Sold | $256,000 | +2.4% | $81 / Sq Ft |
| 04/05/2021 04/05/21 | Pending | -- | -- | -- |
| 03/27/2021 03/27/21 | For Sale | $249,999 | 0.0% | $80 / Sq Ft |
| 01/18/2018 01/18/18 | Rented | $795 | 0.0% | -- |
| 01/08/2018 01/08/18 | Under Contract | -- | -- | -- |
| 01/02/2018 01/02/18 | Price Changed | $795 | -9.1% | $1 / Sq Ft |
| 12/11/2017 12/11/17 | For Rent | $875 | 0.0% | -- |
| 02/07/2013 02/07/13 | Sold | $87,500 | -5.4% | $28 / Sq Ft |
| 01/15/2013 01/15/13 | Pending | -- | -- | -- |
| 01/08/2013 01/08/13 | For Sale | $92,500 | -- | $29 / 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 | $8,052 | $218,800 | $42,320 | $176,480 |
| 2023 | $7,680 | $218,800 | $42,320 | $176,480 |
| 2022 | $6,008 | $136,550 | $10,890 | $125,660 |
| 2021 | $6,008 | $136,550 | $10,890 | $125,660 |
| 2020 | $6,036 | $136,550 | $10,890 | $125,660 |
| 2019 | $6,063 | $136,550 | $10,890 | $125,660 |
| 2018 | $5,967 | $136,550 | $10,890 | $125,660 |
| 2017 | $4,876 | $115,000 | $28,300 | $86,700 |
| 2016 | $4,738 | $115,000 | $28,300 | $86,700 |
| 2015 | $4,554 | $115,000 | $28,300 | $86,700 |
| 2014 | $4,600 | $115,000 | $28,300 | $86,700 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Bradley
Seller's Agent in 2021
Michael Bradley
Horvath & Tremblay
(781) 776-4000
22 Total Sales
-
Davone Biggins
Buyer's Agent in 2021
Davone Biggins
Berkshire Hathaway Home Services
(860) 205-0372
80 Total Sales
-
S
Seller's Agent in 2018
Shayne Fields
Robert C White & Company LLC
-
Keith Murphy
Seller's Agent in 2013
Keith Murphy
Innovative Properties
(860) 632-0442
82 Total Sales
Map
Source: SmartMLS
MLS Number: 170382855
APN: MTWN-000022-000000-000274
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