Financial
Distress signals
Property profile

44 Washington St Middletown, CT 06457

OFF-MARKET
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Property ID
US15-0125769
4,108 SF 0.21 ac lot Built 1784
Last sale Jan 2024 · $450,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This mixed-use property is located in downtown Middletown and is configured with a commercial component on the first floor and residential apartments on the upper floors. The building includes 17 deeded parking spaces. The first-floor commercial space is a renovated office area that was used as a real estate brokerage. The second-floor apartment had professional lead abatement and is part of a multi-unit setup that also includes additional residential units on the property; tenant occupancy

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$8k
Tax billed · 2023
Assessed value$214k
Assessed land$84k
Assessed improvement$130k
Effective rate3.51%

Value estimate

· Sep 2026
$450k
$405k – $495k
AI approach$450k

Realmo valuation models over county records and 20 qualifying comparable sales.

Recently sold

What actually traded nearby?
$110/SF
ZIP average, outlier-cleaned · 72 recorded sales of this use type
Observed band · Q1–Q3$77 – $155
Qualifying comparables20

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B-1
for the B-1 Zone, which shall be as required in accordance with the zoning codes for the underlying Zone, the following bulk requirements...
General categoryCOMMERCIAL
JurisdictionMIDDLETOWN

Location intelligence

Which uses thrive at this corner?
Best fit: Carpet & Flooring Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Carpet & Flooring Store8.8
Catering Service8.6
Veterinary Clinic8.1

Location

44 Washington St Middletown, CT 06457-2843
County assessor Recorded deeds · 3 transfers 20 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
156 College, Middletown, CT 06457-3209 $326,000 Feb 2024 3,666 SF
141 Brg, Middletown, CT 06457-2251 $100,000 Sep 2023 3,642 SF
970 Newfield, Middletown, CT 06457-1860 $145,000 Aug 2023 4,336 SF
542 Main, Middletown, CT 06457-6818 $585,000 May 2023 4,275 SF
144 Washington, Middletown, CT 06457-6816 $340,000 Mar 2023 3,975 SF
616 Long Hl, Middletown, CT 06457-4943 $840,000 Feb 2023 3,487 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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