5 months on rocket

436 Preston Ave, Meriden, CT, 06450

$4,000,000

71.11 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ViewTrees/Woods, Agricultural
MLS #24023365
Lot Size71.11 Acres
StatusActive

About 436 Preston Ave

THE HALL FARM - A VISIONARY DEVELOPMENT OPPORTUNITY! Nestled on the east side of town, The Hall Farm presents an extraordinary opportunity to shape the future of over 71 acres of pristine farmland. With a rich family heritage, this land is primed for a transformative development that will enrich the community and its residents. Zoned for suburban/residential use, envision a bespoke neighborhood of single-family homes, thoughtfully integrated into the natural landscape. Recognized as a "Greenfield Opportunity Site" in Meriden's Plan of Conservation and Development, the potential here is as vast as the acreage itself. Developers with foresight could explore the possibility of duplex units, subject to city approvals. The sprawling parcel is currently improved by a 3238 sq. ft. farm house with stunning chestnut woodwork and structural members throughout for those who may envision repurposing some of the old into new. The location is ideal with proximity to major highways, shopping, hiking at Mt. Higby, and minutes to both downtown Meriden and Middletown. Envision a harmonious blend of residential living with outdoor amenities such as walking trails, community gardens, and recreational facilities. Embrace the growing trend of "Agrihoods," where sustainable farming meets residential bliss. The Hall Farm awaits a developer with the creativity and capability to realize a community that's not just built but cultivated.

Property Details

Property Features

Listing Office:

  • Office Name: William Pitt Sotheby's Int'l
  • Office Phone: (860) 435-2400
  • Listing Agent: Dave Mallison

Exterior Features

Exterior Information:

  • View: Trees/Woods, Agricultural

Lot Features

Lot Information:

  • Lot: Wetlands, Wooded, Farm, Cleared, Rolling/Hilly
  • Lot Size: 71.11 Acres

Other

Directions Information:

  • Directions: Rt 691 to exit 1A (East Main St). Left at off ramp onto Preston Avenue. See sign on left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,000,000

Tax Information:

  • Annual Amount: $5,712
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Meriden, CT.

Med. Sold Price

$289K

Med. Price/SqFt

$182

# of Sold Homes

53

436 Preston Ave vs Meriden

168 DAYS ON ROCKET

$4,000,000

+$3.7M More

KEY TAKEAWAY

This property is $3.7M more than the Median Sold Price in Meriden, CT.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24023365

Listing Office:

  • Office Name: William Pitt Sotheby's Int'l
  • Office Phone: (860) 435-2400
  • Listing Agent: Dave Mallison

IDXCopyright © 2024 Smart MLS. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 7:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$5,712$139,790
2020$5,712$139,790
2018$5,737$139,790
2017$5,580$139,790

History based on county public records data.

Payment Calculator

$20K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$12K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-841363
6
/10
  • Nathan Hale School

  • 277 Atkins Street Ext

  • 1.13 miles

  • Public District Grades PK-5

school-card-donut-841364
5
/10
  • Roger Sherman School

  • 64 N Pearl St

  • 1.61 miles

  • Public District Grades KG-5

school-card-donut-841365
7
/10
  • John Lyman Elementary School

  • 106 Way Rd

  • 1.95 miles

  • Public District Grades KG-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $94,518. Residents of Meriden, CT typically earn between $100k-200k each year. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 436 Preston Ave

What is the listing price of this property?

The listing price of 436 Preston Ave property is $4,000,000.

What type of property is this?

The property 436 Preston Ave is land located in Meriden, Connecticut, 06450.

Is this property for sale now?

Active Listing: 436 Preston Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,712 (source: MLS/based on county public records data).

How much acreage is this property?

The property 436 Preston Ave is 71.11 acres.
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Rocket HomesConnecticutNew Haven CountyMeriden06450436 Preston Ave

This home is located at 436 Preston Ave in Meriden, CT and zip code 06450. This home sits on a 71.11 acre lot. It has been listed on Rocket Homes since June 07, 2024 and is currently priced at $4,000,000.

Over 32 listings were sold over their listed price in October 2024 in Meriden, CT. In the same period over 14 listings were sold below the listed price and 7 listings were sold for the listed price. The number of listings in Meriden, CT decreased by 10.3% between September 2024 and October 2024.

From Rocket Homes Real Estate and based on county public records data.

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