NOT LISTED FOR SALE

8 Silver Dr Middletown, CT 06457

Estimated Value: $330,000 - $587,000

4 Beds
2 Baths
3,564 Sq Ft
$112/Sq Ft Est. Value

Last Sold November 03, 2023

Last sale price $365,000 $102 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,543/month

52 Days on Market

About This Home

As of November 2023

Investor's don't miss out on this wonderful opportunity to earn cash flow! Well maintained duplex available, up and down units with both floors offering 2 bedrooms & 1 bathroom. Very spacious units both with rear enclosed porches, washer & dryer hook ups for both units located in the basement. Last home located at the end of a quiet street offering privacy with a spacious yard with a large driveway providing plenty of off-street parking. Minutes away from downtown Middletown which has plenty of restaurants for dining, entertainment options and plenty of shopping options. Quick highway access to Route 9 which leads to I91 or I95 convenient for commuters. Sitting on 0.65 acres, the property has potential to be subdivided into another lot. Schedule a tour immediately! *One or more of this property's owners is a Real Estate Licensee*

Last Agent to Sell the Property

Alexander Cortez-Rich

Silver and Oak Realty License #RES.0797063 Listed on: 09/12/2023

Last Buyer's Agent

Schuyler Goines

Coldwell Banker Realty License #RES.0803087

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,272

Year Built

  • Built in 1920

Lot Details

  • 0.65 Acre Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • Laundry in Basement

Utilities

  • Heating System Uses Propane
  • Propane Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 1013187

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,272

Year Built

Built in 1920

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: 2376
  • Sq Ft Est Heated Below Grade: 1188
  • Total Sq Ft: 3564
  • Year Built: 1920
  • New Construction: No/Resale
  • Nearby Amenities: PUBTRAN,SHOP,WALK
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5264
  • Directions: GPS friendly
  • Financing Used: Conventional Fixed
  • Street Type: Drive
  • Special Features: None

Interior Features

  • Basement Description: FANDH,UNFIN
  • Laundry Room Location: Basement
  • Laundry Room Info: Hook-Up In Unit 2
  • Attic: No

Exterior Features

  • Exterior Features: CVRDDECK,ENCLOSED
  • Exterior Siding: Aluminum
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Driveway Type: Paved
  • Garage And Parking: Off Street Parking

Utilities

  • Cooling System: None
  • Heat Type: Hot Air
  • Heat Fuel Type: Propane
  • Fuel Tank Location: Non Applicable
  • Hot Water Description: Propane
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Lot Info

  • Acres: 0.65
  • Lot Description: Level Lot
  • Zoning: MXI
  • Parcel #: 1013187

Multi Family

  • Total Number Of Units: 2

Tax Info

  • Property Tax: 5272

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
Sep 12, 2023
Closed on
Nov 3, 2023
Sold by
Hydrant Holdings Llc
Bought by
Albiach Kristina
Seller's Agent
Alexander Cortez-Rich
Silver and Oak Realty
Buyer's Agent
Schuyler Goines
Coldwell Banker Realty
List Price
$375,000
Sold Price
$365,000
Premium/Discount to List
-$10,000
-2.67%
Views
40
Current Estimated Value
$397,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,680
Avg. Annual Appreciation
3.96%
Original Mortgage
$315,000
Outstanding Balance
$308,602
Interest Rate
7.19%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$89,078

Purchase Details

Closed on
Jun 9, 2021
Sold by
134 Cooper Street Llc
Bought by
Hydrant Holsings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 26, 2019
Closed on
Sep 23, 2019
Sold by
Carrington Mortgage Svc
Bought by
134 Cooper Street Llc
Seller's Agent
Lee Raphael
River Realty Services
Buyer's Agent
Michael Garcarz
Silver and Oak Realty
List Price
$151,300
Sold Price
$130,000
Premium/Discount to List
-$21,300
-14.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.49%
Original Mortgage
$161,000
Interest Rate
3.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 5, 2016
Sold by
Sanriago Ernesto and Carrington Mortgage Sv
Bought by
Carrington Mortgage Sv

Purchase Details

Closed on
Jun 2, 1997
Sold by
Vecchitto Kathleen R and Russo Joanne L
Bought by
Santiago Ernesto and Santiago Isabel Rizas
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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Purchase History

Date Buyer Sale Price Title Company
Albiach Kristina $365,000 None Available
Albiach Kristina $365,000 None Available
Hydrant Holsings Llc -- None Available
Hydrant Holsings Llc -- None Available
134 Cooper Street Llc $130,000 --
Carrington Mortgage Sv -- --
Carrington Mortgage Sv -- --
Santiago Ernesto $125,400 --
Santiago Ernesto $125,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Albiach Kristina $315,000
Closed Albiach Kristina $315,000
Previous Owner Hydrant Holsings Llc $185,000
Previous Owner 134 Cooper Street Llc $161,000
Previous Owner Santiago Ernesto $22,777
Previous Owner Santiago Ernesto $204,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/03/2023 11/03/23 Sold $365,000 -2.7% $102 / Sq Ft
09/12/2023 09/12/23 For Sale $375,000 +188.5% $105 / Sq Ft
10/08/2019 10/08/19 Sold $130,000 -14.1% $55 / Sq Ft View Prior Sale
09/23/2019 09/23/19 Pending -- -- --
08/26/2019 08/26/19 For Sale $151,300 -- $64 / 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 $5,805 $156,840 $62,480 $94,360
2024 $5,554 $156,840 $62,480 $94,360
2023 $5,272 $156,840 $62,480 $94,360
2022 $4,194 $101,660 $35,510 $66,150
2021 $4,175 $101,660 $35,510 $66,150
2020 $4,168 $101,660 $35,510 $66,150
2019 $4,189 $101,660 $35,510 $66,150
2018 $4,044 $101,660 $35,510 $66,150
2017 $5,549 $143,460 $45,990 $97,470
2016 $5,438 $143,460 $45,990 $97,470
2015 $5,318 $143,460 $45,990 $97,470
2014 $5,312 $143,460 $45,990 $97,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170596775

SmartMLS

APN: MTWN-000034-000000-000312