NOT LISTED FOR SALE

106 Concord St New Britain, CT 06053

Estimated Value: $325,951 - $415,000

6 Beds
2 Baths
1,710 Sq Ft
$220/Sq Ft Est. Value

Last Sold December 13, 2021

Last sale price $255,000 $149 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,534/month

45 Days on Market

Highlights

  • Finished Attic
  • No HOA
  • Baseboard Heating
  • Attic
  • Property is near shops
  • Private Driveway

About This Home

As of December 2021

Move-in Condition 2-Family in a very desirable area in New Britain. Next to Holy Cross and CCSU. 1st Floor has been recently vacated, cleaned and primed for the next tenant or owner-occupied buyer. 2nd Floor has a similar floor plan as the first floor; however, the sellers finished the attic space to include two additional rooms - all permits have been approved and closed. One boiler (oil) is older but the owner has serviced it and one boiler (gas) was installed in 2016. New flooring throughout both units, new kitchen base cabinetry on first floor and updated bathrooms excluding original tubs. Property has a history of healthy rents and there is still room for more upside.

Last Agent to Sell the Property

John Valdez

Representing All Real Estate License #REB.0791495 Listed on: 10/29/2021

Co-Listed By

Joanna Abbott

Representing All Real Estate License #RES.0819025

Last Buyer's Agent

Odalys Bekanich

Coldwell Banker Realty License #REB.0754597

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,475

Year Built

  • Built in 1951

Lot Details

  • 6,098 Sq Ft Lot

Home Design

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

Interior Spaces

  • 1,710 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Attic

  • Walkup Attic
  • Finished Attic

Parking

  • Private Driveway
  • Paved Parking

Location

  • Property is near shops
  • Property is near a bus stop

Schools

  • New Britain High School

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Oil Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,475

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 1710
  • Public Record Living Room Sq Ft: 1710
  • Total Sq Ft: 1710
  • Year Built: 1951
  • Nearby Amenities: Health Club, Medical Facilities, Park, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3600
  • Directions: Concord Street. Driveway is at the rear on Cabot Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Walk-up, Finished
  • Basement Description: Full, Unfinished
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: Yes

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Paved, Driveway
  • Driveway Type: Private, Paved

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas, Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Domestic, Electric, Oil
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.1400
  • Lot Description: N/A
  • Zoning: T

Multi Family

  • Unit Count: 2
  • Total Multi Family: 10
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 5475
  • Mil Rate Base: 49.500
  • Assessor Parcel Number: 641759

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2021
Closed on
Dec 13, 2021
Sold by
Vazquez Adam and Vazquez Ada
Bought by
Cruz Modesto A
Seller's Agent
John Valdez
Representing All Real Estate
Buyer's Agent
Odalys Bekanich
Coldwell Banker Realty
List Price
$249,900
Sold Price
$255,000
Premium/Discount to List
$5,100
2.04%
Current Estimated Value
$376,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,738
Avg. Annual Appreciation
10.41%
Original Mortgage
$242,250
Outstanding Balance
$221,826
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$154,912

Purchase Details

Closed on
Jun 13, 2020
Sold by
Vazquez Adam
Bought by
Vazquez Ada and Vazquez Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 16, 2016
Closed on
Aug 8, 2016
Sold by
Strout Donna M
Bought by
Vazquez Adam
Seller's Agent
Eryen LaLonde
DB Associates of CT, LLC
Buyer's Agent
John Valdez
Representing All Real Estate
List Price
$150,000
Sold Price
$160,000
Premium/Discount to List
$10,000
6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.65%
Original Mortgage
$157,102
Interest Rate
3.56%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 24, 1992
Sold by
Mechlinski Andrew P and Mechlinski Diane
Bought by
Strout Donna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 4, 1990
Sold by
Wolk Helen N
Bought by
Mechlinski Andrew P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
9.61%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Cruz Modesto A $255,000 None Available
Vazquez Ada -- None Available
Vazquez Adam $160,000 --
Strout Donna M $135,000 --
Mechlinski Andrew P $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cruz Modesto A $242,250
Previous Owner Vazquez Ada $157,500
Previous Owner Vazquez Adam $157,102
Previous Owner Mechlinski Andrew P $100,000
Previous Owner Mechlinski Andrew P $80,000
Previous Owner Mechlinski Andrew P $90,000
Previous Owner Mechlinski Andrew P $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/13/2021 12/13/21 Sold $255,000 +2.0% $149 / Sq Ft
12/13/2021 12/13/21 Pending -- -- --
10/29/2021 10/29/21 For Sale $249,900 +56.2% $146 / Sq Ft
08/05/2016 08/05/16 Sold $160,000 +6.7% $94 / Sq Ft View Prior Sale
06/13/2016 06/13/16 Pending -- -- --
05/16/2016 05/16/16 For Sale $150,000 -- $88 / 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 $6,692 $170,800 $48,160 $122,640
2024 $6,762 $170,800 $48,160 $122,640
2023 $6,538 $170,800 $48,160 $122,640
2022 $5,475 $110,600 $22,190 $88,410
2021 $5,475 $110,600 $22,190 $88,410
2020 $5,585 $110,600 $22,190 $88,410
2019 $5,150 $101,990 $22,190 $79,800
2018 $5,150 $101,990 $22,190 $79,800
2017 $4,744 $93,940 $20,160 $73,780
2016 $4,744 $93,940 $20,160 $73,780
2015 $4,603 $93,940 $20,160 $73,780
2014 $4,603 $93,940 $20,160 $73,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170448555

SmartMLS

APN: NBRI-000005D-000000-C000068