NOT LISTED FOR SALE

100 Broad St New Britain, CT 06053

Estimated Value: $886,669

6 Beds
6 Baths
10,432 Sq Ft
$85/Sq Ft Est. Value

Last Sold October 23, 2019

Last sale price $850,000 $81 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $6,030/month

97 Days on Market

Highlights

  • City View
  • Baseboard Heating
  • Concrete Flooring
  • No HOA

About This Home

As of October 2019

A unique opportunity to own a piece of history located right in the heart of New Britain's Little Poland. 2 parcels containing 100 Broad St. & 109 Grove St. are being sold as a package containing 14 Units. 2 of which are retail store fronts & 12 residential apartments. There are 6 large 3 bedroom units above the retail shops and 6 2 bedroom apartments on 109 Grove. Each unit has separate tenant paid utilities. Heat & hot water are gas fired. 100 Broad has a newer rubber roof. Total taxes for both properties are $22,577.

Last Agent to Sell the Property

Scott Rishar

Real Estate Exchange License #RES.0799627 Listed on: 05/03/2019

Last Buyer's Agent

Scott Rishar

Real Estate Exchange License #RES.0799627 Listed on: 05/03/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,656

Year Built

  • Built in 1910

Lot Details

  • 3,920 Sq Ft Lot

Parking

  • Parking Lot

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Stone Foundation
  • Masonry Siding

Interior Spaces

  • 10,432 Sq Ft Home
  • Concrete Flooring
  • City Views

Basement

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

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 14 Units

Building Details

  • Gross Income $107,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,656

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 10432
  • Public Record Living Room Sq Ft: 10432
  • Total Sq Ft: 10432
  • Year Built: 1910
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 16168
  • Tax Year Updated Dt: 07/29/2019
  • Directions: Burritt to Broad
  • Special Features: None

Interior Features

  • Basement Description: Full With Walk-Out, Concrete Floor
  • Attic: No

Exterior Features

  • Exterior Siding: Brick
  • Foundation Type: Brick, Stone
  • Swimming Pool: No
  • Construction Description: Brick

Garage/Parking

  • Garage Parking Info: Parking Lot

Utilities

  • Heat Type: Baseboard, No Heat
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: 30 Gallon Tank, Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.0900
  • Lot Description: City Views
  • Zoning: B3

Multi Family

  • Gross Annual Income: 107400
  • Total Num Of Units: 14

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 13656
  • Mil Rate Base: 50.500
  • Assessor Parcel Number: 640139

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2023
Sold by
100 Broad Street Llc
Bought by
100 Broad New Britain Llc
Current Estimated Value
$886,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,335,038
Interest Rate
7.12%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 16, 2019
Sold by
Drezek Management Llc
Bought by
100 Broad Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$401,850
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2001
Sold by
Drezek Richard and Drezek Edward Richard
Bought by
Drezek Mgmnt Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.39%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
100 Broad New Britain Llc -- None Available
100 Broad Street Llc $475,000 --
Drezek Mgmnt Llc $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 100 Broad New Britain Llc $1,335,038
Previous Owner 100 Broad Street Llc $401,850
Previous Owner Drezek Mgmnt Llc $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2019 10/23/19 Sold $850,000 0.0% $81 / Sq Ft
10/09/2019 10/09/19 Off Market $850,000 -- --
09/19/2019 09/19/19 For Sale $899,000 0.0% $86 / Sq Ft
08/08/2019 08/08/19 Pending -- -- --
05/03/2019 05/03/19 For Sale $899,000 -- $86 / 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
2025 $16,557 $422,590 $32,970 $389,620
2024 $16,730 $422,590 $32,970 $389,620
2023 $16,177 $422,590 $32,970 $389,620
2022 $13,385 $270,410 $28,910 $241,500
2021 $13,385 $270,410 $28,910 $241,500
2020 $13,656 $270,410 $28,910 $241,500
2019 $13,656 $270,410 $28,910 $241,500
2018 $13,656 $270,410 $28,910 $241,500
2017 $13,260 $262,570 $27,510 $235,060
2016 $13,260 $262,570 $27,510 $235,060
2015 $12,866 $262,570 $27,510 $235,060
2014 $12,866 $262,570 $27,510 $235,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170201150

SmartMLS

APN: NBRI-000007B-000000-C000071