NOT LISTED FOR SALE

86 Maple St Meriden, CT 06451

Estimated Value: $314,872 - $373,000

9 Beds
3 Baths
4,068 Sq Ft
$87/Sq Ft Est. Value

Last Sold February 15, 2019

Last sale price $161,500 $40 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $2,237/month

32 Days on Market

Highlights

  • Attic
  • Patio
  • Baseboard Heating
  • No HOA
  • Property is near bus stop
  • Level Lot

About This Home

As of February 2019

INCREDIBLE INCOME on renovated 3 unit!!! Request spreadsheet. Large sq. each apartment. New exterior vinyl siding and roof, vinyl windows and super unit with private entry. New gas on demand furnace heats basement unit & supplements hot water heater for entire building. Completely updated electric panels, all fire code approved. 2nd & 3rd fl. are combined to one 6BR unit. All new hot water heat efficiency unit. New windows, private front porches, quiet neighborhood setting. Current with all apartment COs. Nothing to do but collect rents - completely turn-key income producer - MAKE OFFER!

Last Agent to Sell the Property

Michelle Lorenzetti

Premier Re Group LLC License #REB.0789938 Listed on: 08/19/2018

Last Buyer's Agent

Jenna Currlin

William Raveis Real Estate License #RES.0793569

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,442

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Home Design

  • Concrete Foundation
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • Attic or Crawl Hatchway Insulated

Basement

  • Apartment Living Space in Basement
  • Crawl Space

Parking

  • Driveway
  • Parking Lot
  • Unassigned Parking

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • Patio
  • Property is near bus stop

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Gross Income $45,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,442

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 3368
  • Public Record Living Room Sq Ft: 2145
  • Sq Ft Est Heated Below Grade: 700
  • Total Sq Ft: 4068
  • Year Built: 1900
  • Nearby Amenities: Walk to Bus Lines
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 3866
  • Tax Year Updated Dt: 07/29/2019
  • Directions: East Main St. to Maple
  • Special Features: None

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Crawl Space
  • Basement Description: Apartment
  • Attic: Yes

Exterior Features

  • Exterior Features: Patio
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Unassigned Parking, Parking Lot
  • Driveway Type: Asphalt

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Electric, Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.1100
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: Residential

Multi Family

  • Gross Annual Income: 45600
  • Unit Count: 3
  • Total Multi Family: 18
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 3442
  • Mil Rate Base: 41.040
  • Mil Rate Tax District: 2.170
  • Assessor Parcel Number: 1167742

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2018
Closed on
Feb 14, 2019
Sold by
Maple Investments Llc
Bought by
Forrest Roy C and Forrest Monica A
Seller's Agent
Michelle Lorenzetti
Premier Re Group LLC
Buyer's Agent
Jenna Currlin
William Raveis Real Estate
List Price
$169,900
Sold Price
$161,500
Premium/Discount to List
-$8,400
-4.94%
Current Estimated Value
$352,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,468
Avg. Annual Appreciation
11.96%
Original Mortgage
$121,125
Outstanding Balance
$106,276
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$246,692

Purchase Details

Closed on
Feb 24, 2015
Sold by
Campbell Wayne
Bought by
Maple Investments Llc

Purchase Details

Closed on
Jul 1, 2011
Sold by
Haberfield David
Bought by
Campbell Wayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,500
Interest Rate
4.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 29, 2011
Sold by
Staniewski Pawel
Bought by
Haberfeld David

Purchase Details

Closed on
Feb 14, 2011
Sold by
Wagoner Roberta
Bought by
Staniewski Pawel

Purchase Details

Closed on
Jul 23, 2009
Sold by
South Street Group Llc
Bought by
Bank Of America Na

Purchase Details

Closed on
Jan 12, 2006
Sold by
Walsh Yulanda
Bought by
South Street Grp Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,870
Interest Rate
6.28%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 17, 2002
Sold by
Department Of Housing & Urban Dev
Bought by
Walsh Yulanda

Purchase Details

Closed on
Sep 18, 1991
Sold by
Moncada Giuseppe and Moncada Luigi
Bought by
Larosa Anthony

Purchase Details

Closed on
Jan 17, 1989
Sold by
Moreno Heriberto
Bought by
Moncada Giuseppe
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Forrest Roy C $161,500 --
Maple Investments Llc -- --
Campbell Wayne $146,500 --
Haberfeld David -- --
Staniewski Pawel -- --
Wagoner Roberta $45,000 --
Bank Of America Na -- --
South Street Grp Llc $95,000 --
Walsh Yulanda $70,000 --
Larosa Anthony $152,000 --
Moncada Giuseppe $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forrest Roy C $121,125
Previous Owner Moncada Giuseppe $146,500
Previous Owner Moncada Giuseppe $141,870
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2019 02/15/19 Sold $161,500 -4.9% $40 / Sq Ft
09/20/2018 09/20/18 Pending -- -- --
08/19/2018 08/19/18 For Sale $169,900 -- $42 / 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 $4,689 $123,690 $21,700 $101,990
2024 $4,763 $123,690 $21,700 $101,990
2023 $4,591 $123,690 $21,700 $101,990
2022 $4,332 $123,690 $21,700 $101,990
2021 $3,797 $87,220 $18,270 $68,950
2020 $3,786 $87,220 $18,270 $68,950
2019 $3,429 $79,660 $18,270 $61,390
2018 $3,442 $79,660 $18,270 $61,390
2017 $3,350 $79,660 $18,270 $61,390
2016 $3,571 $89,950 $20,510 $69,440
2015 $3,444 $88,830 $20,370 $68,460
2014 $3,360 $88,830 $20,370 $68,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170117089

SmartMLS

APN: MERI-000102-000005-000041