NOT LISTED FOR SALE

103 Orange St New Britain, CT 06053

8 Beds
4 Baths
3,744 Sq Ft
6,534 Sq Ft Lot

Last Sold October 19, 2020

Last sale price $280,000 $75 Per Sq Ft

11 Days on Market

Highlights

  • Attic
  • Baseboard Heating
  • Level Lot
  • No HOA
  • Concrete Flooring

About This Home

As of October 2020

Welcome to 103 Orange Street, New Britain. This is a fully occupied, stable 4-family property just one block from Broad Street Little Poland. It generates almost $44K in rental income annually and has an 8% Cap Rate. The property is low maintenance and fully stabilized. Tenants pay their own utilities. Heat and hot water is gas and the city picks up the garbage. There is plenty of off-street parking for the tenants and is centrally located for the Fast Track bus line and all major highways. All units are well maintained and recently updated. The property has been professionally managed for over 5 years and is very well maintained.

Last Agent to Sell the Property

Tom Kopchick

Revolution Properties, LLC License #REB.0794816 Listed on: 08/03/2020

Last Buyer's Agent

Tom Kopchick

Revolution Properties, LLC License #REB.0794816 Listed on: 08/03/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,600

Year Built

  • Built in 1920

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 3,744 Sq Ft Home
  • Concrete Flooring
  • Attic

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Basement

  • Walk-Out Basement
  • Dirt Floor

Parking

  • Paved Parking
  • Off-Street Parking

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Available at Street

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Gross Income $43,980

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,600

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 3744
  • Public Record Living Room Sq Ft: 3744
  • Total Sq Ft: 3744
  • Year Built: 1920
  • Property Sub Type: 4 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 6040
  • Directions: GPS Friendly
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement Description: Concrete Floor, Dirt Floor, Walk-out
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: Yes
  • Street Number Modifier: 103

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved, Off Street Parking

Utilities

  • Heat Type: Baseboard, Gas on Gas
  • Heat Fuel Type: Gas In Street
  • Hot Water Description: 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.1500
  • Lot Description: Level Lot
  • Zoning: A2

Multi Family

  • Gross Annual Income: 43980
  • Net Operating Income: 27580
  • Unit Count: 4
  • Total Num Of Units: 4

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 6600
  • Total Assessed Value: 130690
  • Mil Rate Base: 50.500
  • Mil Rate Total: 50.500
  • Assessor Parcel Number: 648653

MLS Schools

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

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/19/2020 10/19/20 Sold $280,000 -6.7% $75 / Sq Ft
08/14/2020 08/14/20 Pending -- -- --
08/03/2020 08/03/20 For Sale $300,000 0.0% $80 / Sq Ft
05/02/2018 05/02/18 Rented $895 0.0% --
04/25/2018 04/25/18 Under Contract -- -- --
04/16/2018 04/16/18 For Rent $895 0.0% --
07/12/2016 07/12/16 Sold $200,000 -12.7% $53 / Sq Ft View Prior Sale
05/11/2016 05/11/16 Pending -- -- --
04/02/2016 04/02/16 For Sale $229,000 -- $61 / 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 $8,244 $210,420 $44,450 $165,970
2024 $8,331 $210,420 $44,450 $165,970
2023 $8,055 $210,420 $44,450 $165,970
2022 $6,469 $130,690 $14,770 $115,920
2021 $6,469 $130,690 $14,770 $115,920
2020 $6,600 $130,690 $14,770 $115,920
2019 $6,600 $130,690 $14,770 $115,920
2018 $6,600 $130,690 $14,770 $115,920
2017 $5,649 $111,860 $15,330 $96,530
2016 $5,649 $111,860 $15,330 $96,530
2015 $5,481 $111,860 $15,330 $96,530
2014 $5,481 $111,860 $15,330 $96,530
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    Tom Kopchick

    Revolution Properties, LLC

    (843) 287-3114

    1 in this area

    4 Total Sales

    Tom Kopchick
    Section Image
  • Diana Bedard

    Seller's Agent in 2018

    Diana Bedard

    Prime Realty Partners

    (860) 823-7464

    15 Total Sales

    Diana Bedard
    Section Image

  • K

    Buyer's Agent in 2018

    Kayla Garcia

    CENTURY 21 AllPoints Realty

    Section Image
  • Beth Diloreto

    Seller's Agent in 2016

    Beth Diloreto

    Berkshire Hathaway Home Services

    (860) 652-4574

    1 in this area

    29 Total Sales

    Beth Diloreto
    Section Image

  • C

    Buyer's Agent in 2016

    Cecilia Faraci

    Revolution Properties, LLC

    Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170323344

SmartMLS

APN: NBRI 69100103

Connecticut Hartford County New Britain 06053

103 Orange St, New Britain, CT

This home is located at 103 Orange St, New Britain, CT 06053 since 03 August 2020. This property was built in 1920. 103 Orange St is a home located in Hartford County with nearby schools including Lincoln School, Pulaski Middle School, and Mountain Laurel Sudbury School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes