$490,000
SOLD JAN 16, 2025 RENTED FEB 27, 2025

1 Wallace St New Britain, CT 06051

10 Beds
4 Baths
3,424 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$143 Per Sq Ft

9% Above List Price

6 Days on Market

Highlights

  • Attic
  • Corner Lot
  • Baseboard Heating

About This Home

As of January 2025

Rarely available! Well maintained 4 family with separate utilities, gas heat and off street parking. Unit 1A is 1BR and is renting for $1100 a month, Unit 1B is 3BR and renting for $1600 a month, unit 2 is 3BR and renting for $1595 a month, and unit 3 is a 3BR renting for $1500 a month. Turn Key Investment!

Last Agent to Sell the Property

Robert Perriello

Century 21 AllPoints Realty License #REB.0795076 Listed on: 09/23/2024

Century 21 AllPoints Realty

Last Buyer's Agent

Qin Lin

Sovereign Properties License #RES.0810423

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,419

Year Built

  • Built in 1900

Lot Details

  • 6,970 Sq Ft Lot
  • Corner Lot

Home Design

  • Brick Foundation
  • Concrete Foundation
  • Frame Construction
  • Shingle Roof
  • Asbestos Siding

Interior Spaces

  • 3,424 Sq Ft Home
  • Walkup Attic

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 652272

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,419

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 3424
  • Total Sq Ft: 3424
  • Year Built: 1900
  • New Construction: No/Resale
  • Property Sub Type: 4 Family
  • Direct Waterfront: No
  • Directions: Gps Friendly
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 3424
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 10
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Attic Description: Walk-up
  • Basement Description: Full, Walk-out
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: Yes
  • Street Number Modifier: 1

Exterior Features

  • Exterior Siding: Asbestos
  • Foundation Type: Brick, Concrete
  • Roof Information: Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: Wall Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Lot Info

  • Acres: 0.16
  • Lot Description: Corner Lot
  • Zoning: T
  • Parcel #: 652272

Multi Family

  • Total Number Of Units: 4

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 8419
  • Total Assessed Value: 212660
  • Mil Rate Total: 39.59

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2025 02/27/25 Rented $1,650 0.0% --
02/24/2025 02/24/25 Under Contract -- -- --
01/20/2025 01/20/25 For Rent $1,650 0.0% --
01/16/2025 01/16/25 Sold $490,000 +8.9% $143 / Sq Ft
09/29/2024 09/29/24 Pending -- -- --
09/23/2024 09/23/24 For Sale $449,900 +76.4% $131 / Sq Ft
10/02/2019 10/02/19 Sold $255,000 -1.9% $74 / Sq Ft
08/08/2019 08/08/19 Pending -- -- --
08/03/2019 08/03/19 For Sale $260,000 -- $76 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $8,419 $212,660 $44,240 $168,420
2023 $8,141 $212,660 $44,240 $168,420
2022 $6,088 $122,990 $20,370 $102,620
2021 $6,088 $122,990 $20,370 $102,620
2020 $6,211 $122,990 $20,370 $102,620
2019 $6,211 $122,990 $20,370 $102,620
2018 $6,211 $122,990 $20,370 $102,620
2017 $5,281 $104,580 $18,690 $85,890
2016 $5,281 $104,580 $18,690 $85,890
2015 $5,124 $104,580 $18,690 $85,890
2014 $5,124 $104,580 $18,690 $85,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24047969

SmartMLS

APN: NBRI 88700001