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125 Bridge Street

125 Bridge Street, Middletown, CT 06457
Multifamily in Middletown
Sold May 10, 2022
$237,000
$1,065,800 by Broadview Capital Llc
Mortgage Due Jul 01, 2030
Sold Dec 03, 2019
$215,000
$130,000 by Quontic Bank
Mortgage
Local assessors in Middletown, CT have categorized 125 Bridge Street as a residential type of property. The home was built in 1900 and is 124 years old. The property's lot size has been calculated to be 3,049 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a style that we are currently unable to determine. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 14 rooms in the home. Of these, 6 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 125 Bridge Street has a total of 2,700 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a gable style roof that was made of shingle (not wood). Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. The home's a hot water heating system is the primary heating source and it is being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 125 Bridge Street was last sold in May 5, 2022 for $237,000. According to our calculations, that's $87.78 per sqft. Prior to that sales transaction, the property was sold for $215,000 in Dec 2, 2019. Current property owners are expected to pay $5,743 in taxes per year. The property on 125 Bridge Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $163,610. To break that down further, the land itself was valued at $37,520. While improvements to the property were assessed at a total of $126,090. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding

Parking

On-Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 14
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Style: Other
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 3
  • Living Units: 3
  • Basement Type: Unspecified basement
  • Basement Area: 900
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,049
  • Total Building Area: 2,700
  • Gross Building Area: 4,180
  • Building Area: 2,700
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 2,700
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.07
  • Standard Land Use Code: Triplex (3 units, any combination)

Ownership

  • Current Owner : IGI BUSINESS LLC
  • Previous Owner : Y2J MANAGEMENT LLC
  • Previous Owner 2: PAN
  • Owner Before Previous Owner: MARDJEKAJ JULIE
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Middletown School District
  • School Tax School District: MIDDLETOWN SD
  • Census Tract: 541100

Zoning

  • Zoning: RF

Geography

  • Account Number: R07437
  • Parcel: MTWN M:20 L:0212
  • Lot: 212
  • Municipality: MIDDLETOWN
  • Latitude: 41.5696
  • Longitude: -72.652

    Address

  • Full Address: 125 Bridge St
  • Address - House Number: 125
  • Address - Street Name: Bridge
  • Address - Suffix Type: St
  • State: CT
  • City Name: Middletown
  • Carrier Code: C008
  • 4-Digit Zip Code: 2292
  • Zip Code: 06457

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,743

    Appraisal Valuation

  • Standard Deviation: 0.099
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 90
  • Final Value: 246,065
  • High Value: 270,431
  • Low Value: 221,698

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,065,800
  • First Open Lien Mortgage Lender: BROADVIEW CAPITAL LLC
  • First Open Lien Mortgage Recording Date: Jun 27, 2023
  • First Open Lien Mortgage Loan Amount: $1,065,800
  • First Open Lien Mortgage Term: 84
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2030

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $163,610
  • Assessed Land Value: $37,520
  • Assessed Improvements Value: $126,090

    Sales

  • Current Sale Contract Date: May 05, 2022
  • Current Sale Recording Date: May 10, 2022
  • Current Sale Transaction ID: 11887864998
  • Current Sale Price: $237,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Dec 03, 2019
  • Previous Sale Contract Date: Dec 02, 2019
  • Previous Sale Amount: $215,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BROADVIEW CAPITAL LLC
  • First Mortgage Transaction Date: May 10, 2022
  • First Mortgage Loan Amount: $189,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: QUONTIC BANK
  • Previous Mortgage Transaction Date: Dec 03, 2019
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $130,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Middletown



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199 Prospect Street #2, Middletown, Connecticut, 06457 Listing by Eric Bergers

Frequently Asked Questions

What neighborhood is 125 Bridge Street located in?
The 125 Bridge Street is a multifamily located in the neighborhood of Middletown in Middletown, Middletown.
What is the average sales price for listings in 125 Bridge Street?
The average sales price for units in 125 Bridge Street is $0 currently.

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