NOT LISTED FOR SALE

Estimated Value: $252,000 - $368,000

5 Beds
2 Baths
2,172 Sq Ft
$139/Sq Ft Est. Value

Sale Details

Date Sold: September 3, 2024

Last sale price $200,000 $92 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,152 / mo

5 Days on Market

Highlights

  • Attic
  • Level Lot
  • 2-minute walk to Willie Pep Skateboard Park
  • Hot Water Heating System
  • Wood Siding

About This Home

As of September 2024

INVESTORS**** vision and creative design will provide lots of potential for this 2 family property close to Main St and Wesleyan University. Currently 11 rooms, 5 bedrooms and 2 full baths (3/1 on first and 2/1 on second floor) with approved plans for third floor addition expanding property to 13 rooms with 4 bedrooms/1bath on the first floor, 3 bedrooms/1 bath on the second floor, and 2 additional optional rooms on the added third floor (see plans attached). There are gas meter hookups in basement for additional heating source if a change over from oil or electric is preferred. FIRE DAMAGE on right exterior siding, roof line and rear right portion of the roof. Interior has been gutted to studs and ready for a complete rehab. POST FIRE city approved plans for rehab and third floor addition already in place. (see attachments). Property includes detached 2 car garage. Long term investment for owner/occupant or great rental income potential. Property is being sold as is/as seen inside and out. All items/debris on or in the property will remain. Truck will not convey. Only serious buyers please. Cash, rehab funding or private lender. Due Diligence is encouraged. **** MULTIPLE OFFERS BEING REVIEWED. HIGHEST AND BEST DUE SUNDAY AUGUST 11 AT 3:p.m.****

Last Agent to Sell the Property

Frank Balisciano

Coldwell Banker Realty License #RES.0766819 Listed on: 08/07/2024

Coldwell Banker Realty

Last Buyer's Agent

Maria Pirulli

Five Stars Realty License #RES.0828984

Five Stars Realty

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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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,679

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • 2,172 Sq Ft Home
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shake Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Attic

  • Storage In Attic
  • Attic or Crawl Hatchway Insulated

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Schools

  • Macdonough Elementary School
  • Middletown High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Fuel Tank Located in Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Truck in driveway.
  • Assessor Parcel Number 1012464

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,679

Year Built

Built in 1900

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Neighborhood: Newfield
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2172
  • Total Sq Ft: 2172
  • Year Built: 1900
  • New Construction: No/Resale
  • Property Sub Type: 2 Family
  • Exclusions: Truck in driveway.
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: Main St. Middletown (rte 66) to Grand St to Clinton Ave.
  • Financing Used: Cash
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Attic Description: Storage Space, Access Via Hatch
  • Basement Description: Full, Unfinished, Interior Access
  • Attic: Yes

Exterior Features

  • Exterior Siding: Shake, Wood
  • Foundation Type: 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: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Lot Info

  • Acres: 0.12
  • Lot Description: Level Lot
  • Zoning: RPZ
  • Parcel #: 1012464

Multi Family

  • Total Number Of Units: 2

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 5679

MLS Schools

  • Elementary School: Macdonough
  • High School: Middletown

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2024
Closed on
Aug 30, 2024
Sold by
Superior Prop Group Llc
Bought by
Seller's Agent
Frank Balisciano
Coldwell Banker Realty
Buyer's Agent
Maria Pirulli
Five Stars Realty
List Price
$140,000
Sold Price
$200,000
Premium/Discount to List
$60,000
42.86%
Views
70
Current Estimated Value
$300,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,967
Avg. Annual Appreciation
22.67%
Original Mortgage
$152,000
Outstanding Balance
$148,956
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$152,011

Purchase Details

Closed on
Nov 10, 2022
Sold by
Frmc Llc
Bought by
Riccardi Francis J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2009
Sold by
Frmc Llc
Bought by
Riccardi Maria

Purchase Details

Closed on
Jan 1, 1985
Bought by
Riccardi Maria A
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$200,000 None Available
Riccardi Francis J -- None Available
Riccardi Maria -- None Available
Riccardi Maria -- --
Riccardi Maria A -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $152,000
Previous Owner Riccardi Francis J $108,000
Previous Owner Riccardi Francis J $90,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/03/2024 09/03/24 Sold $200,000 +42.9% $92 / Sq Ft
08/12/2024 08/12/24 Pending -- -- --
08/07/2024 08/07/24 For Sale $140,000 -- $64 / Sq Ft
Source: SmartMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,003 $154,310 $43,240 $111,070
2024 $5,679 $154,310 $43,240 $111,070
2023 $5,416 $154,310 $43,240 $111,070
2022 $4,135 $93,980 $15,760 $78,220
2021 $4,135 $93,980 $15,760 $78,220
2020 $4,154 $93,980 $15,760 $78,220
2019 $4,173 $93,980 $15,760 $78,220
2018 $4,107 $93,980 $15,760 $78,220
2017 $4,856 $114,530 $32,730 $81,800
2016 $4,719 $114,530 $32,730 $81,800
2015 $4,535 $114,530 $32,730 $81,800
2014 $4,581 $114,530 $32,730 $81,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24036987

SmartMLS

APN: MTWN-000022-000000-000170

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