NOT LISTED FOR SALE

86 Spring St Middletown, CT 06457

Estimated Value: $154,000 - $323,147

4 Beds
2 Baths
2,214 Sq Ft
$120/Sq Ft Est. Value

Last Sold August 25, 2014

Last sale price $83,000 $37 Per Sq Ft

Est. 219% increase in value since last sale

Current estimated payment $1,913/month

42 Days on Market

About This Home

As of August 2014

Great investment property centrally located w/easy access to downtown area. 1-Car garage + additional off-street parking. Each apt. W/separate furnace (1 oil/1 gas) and separate electric.

Last Agent to Sell the Property

Thomas Abbate

William Raveis Real Estate License #RES.0000551 Listed on: 06/09/2014

William Raveis Real Estate

Last Buyer's Agent

Robert Ennis

First Source Realty Ct LLC License #REB.0789950

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,860

Year Built

  • Built in 1933

Lot Details

  • 4,356 Sq Ft Lot

Home Design

  • Aluminum Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2,214 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated

Parking

  • 1 Car Garage
  • Driveway
  • Off-Street Parking

Schools

  • Per Boe Elementary School
  • Per Boe High School

Utilities

  • Radiator
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Oil Water Heater
  • Cable TV Available

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,860

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Total Sq Ft: 2214
  • Year Built: 1933
  • Property Sub Type: 2 Family
  • Easements Right Of Way: Shared driveway
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 2
  • Attic Description: Access Via Hatch
  • Basement Description: Full
  • Interior Amenities: Cable - Available
  • Attic: Yes
  • Stories Number Of: 2
  • Street Number Modifier: 86

Exterior Features

  • Exterior Siding: Aluminum

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Garages Number: 1
  • Driveway Type: Asphalt
  • Total Parking Spaces: 2

Utilities

  • Heat Type: Radiator
  • Heat Fuel Type: Natural Gas, Oil
  • Hot Water Description: Natural Gas, Oil
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Per Boe
  • High School: Per Boe

Lot Info

  • Acres: 0.1000

Rental Info

  • Lease Purchase: No

Multi Family

  • Unit Count: 2
  • Total Num Of Units: 2

Tax Info

  • Property Tax: 3860
  • Total Assessed Value: 118040
  • Assessor Parcel Number: 1010200

MLS Schools

  • Elementary School: Per Boe
  • High School: Per Boe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2014
Closed on
Aug 25, 2014
Sold by
Kastenhuber Maria and Smith Patricia
Bought by
Smith Charles K
Seller's Agent
Thomas Abbate
William Raveis Real Estate
Buyer's Agent
Robert Ennis
First Source Realty Ct LLC
List Price
$89,900
Sold Price
$83,000
Premium/Discount to List
-$6,900
-7.68%
Current Estimated Value
$265,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,037
Avg. Annual Appreciation
11.02%
Original Mortgage
$62,250
Outstanding Balance
$47,656
Interest Rate
4.14%
Estimated Equity
$217,381

Purchase Details

Closed on
Nov 26, 2003
Sold by
Marchese Nicolo and Marchese Lucy
Bought by
Godburn Carmela and Smith Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,000
Interest Rate
4%
Source: Public Records

Range of Values:

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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
Smith Charles K $83,000 --
Godburn Carmela $101,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Charles K $62,250
Previous Owner Godburn Carmela $101,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2014 08/25/14 Sold $83,000 -7.7% $37 / Sq Ft
07/21/2014 07/21/14 Pending -- -- --
06/09/2014 06/09/14 For Sale $89,900 -- $41 / 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
2024 $6,095 $165,620 $42,320 $123,300
2023 $5,813 $165,620 $42,320 $123,300
2022 $4,488 $102,010 $15,420 $86,590
2021 $4,488 $102,010 $15,420 $86,590
2020 $4,509 $102,010 $15,420 $86,590
2019 $1,624 $102,010 $15,420 $86,590
2018 $4,458 $102,010 $15,420 $86,590
2017 $5,005 $118,040 $32,340 $85,700
2016 $4,863 $118,040 $32,340 $85,700
2015 $4,674 $118,040 $32,340 $85,700
2014 $4,722 $118,040 $32,340 $85,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: G685771

SmartMLS

APN: MTWN-000020-000000-000160