Back G3/14 West Meadow Lane
Off Market

G3/14 West Meadow Lane

Middletown CT 06457

1
50 sq. ft.
Condo
Last sold for $21,000
Gregory HannerGregory Hanner, last sold this property on 23 March 2023 after 51 days on market.

Overview

Rare opportunity to purchase up to 2 detached 1-Car Garages in The Meadow's condo complex in Middletown, CT. The pricing for this offering is for a freestanding single 1-Car Garage purchase. Each garage has its own metered power available. The HOA fees are $51/mo. per unit, and annual taxes are $95/yr per unit (including both the Westfield Fire District tax and City of Middletown property taxes). The Seller is firm on pricing. Want a deal? If you purchase both 1-Car Garages together, the combined purchase is eligible for a $1,000 discount ($500 each). Each of these garages is currently rented for $185/mo. on a month-to-month basis. The tenants would like to continue to rent if you don't want to occupy immediately. There are no residency requirements for the ownership of these garages, so you can continue to rent to others (Yield, if both units are purchased, is 7.371%), OR you can purchase and use them yourself. The adjacent unit is G4. If a Buyer wants only one garage, they must purchase the G-4 (the end unit).

Features

1 carspace
1 garage space
50 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar condos sold in Middletown over the last 12 months, the estimated median property value of G3/14 West Meadow Lane is $228k.

Median value
$228k
Estimated value range
$110k - $754.54k
Median days on market
7
Estimated value trend
28%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Middletown. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for G3/14 West Meadow Lane

2023
Sold
$21,000
23 Mar 2023 by Gregory Hanner, of Garden Realty

Happy sellers in Middletown

94%
94% of sellers in Middletown reported that their sale price either exceeded or met their price expectations.

Middletown stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Middletown over the last 12 months.

Local market activity for condos in Middletown

In the last 12 months, 162 condos similar to G3/14 West Meadow Lane, have been sold.

This represents a 35% decrease in condos sales when compared to the previous 12 months.

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