Ramon Matos
Matos Level Eminent Realty
(959) 301-2245
101 Total Sales
19 in New Britain
$160K - $399K Price Range
116 Austin St New Britain, CT 06051
New Britain AreaEstimated Value: $423,000 - $515,000
6
Beds
3
Baths
3,900
Sq Ft
$119/Sq Ft
Est. Value
Highlights
- Property is near public transit, shops, and bus stop
- Terrace
- Balcony
- Attic
- No HOA
- 1 Car Detached Garage
About This Home
As of May 2023Investment Opportunity Alert! Here is a fantastic chance to acquire a large three-family property at an unbeatable price. The property features present many features and all units have a similar layout, comprising five rooms, two bedrooms, and one bath. The layout allows for flexibility in creating an additional third bedroom. Currently owner-occupied, the property will be delivered vacant, providing you the opportunity to lease all units at an estimated rental rate of $1,300 per unit. The property comes with a large basement that can be transformed into a recreational space, and an attic that can be converted into additional rooms for one of the units, or as a separate rental for extra income.
Last Agent to Sell the Property
Citi Atlas Real Estate Co LLC License #REB.0791862 Listed on: 02/20/2023
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,579
Year Built
- Built in 1910
Lot Details
- 7,405 Sq Ft Lot
- Level Lot
Home Design
- Concrete Foundation
- Stone Foundation
- Frame Construction
- Asphalt Shingled Roof
- Aluminum Siding
Interior Spaces
- 3,900 Sq Ft Home
- Thermal Windows
- Walkup Attic
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Parking
- 1 Car Detached Garage
- Driveway
- Off-Street Parking
Outdoor Features
- Balcony
- Terrace
- Shed
Location
- Property is near public transit, shops, and bus stop
Utilities
- Window Unit Cooling System
- Radiator
- Heating System Uses Natural Gas
Community Details
Overview
- No Home Owners Association
- 3 Units
Amenities
- Public Transportation
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 20, 2023
Closed on
Apr 28, 2023
Sold by
Bought by
Seller's Agent
Timothy Serpe
Citi Atlas Real Estate Co LLC
Buyer's Agent
Anthony La Penna
Exceptional Real Estate LLC
List Price
$340,000
Sold Price
$355,000
Premium/Discount to List
$15,000
4.41%
Views
144
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,353
Avg. Annual Appreciation
8.48%
Original Mortgage
$348,570
Outstanding Balance
$334,390
Interest Rate
6.12%
Mortgage Type
FHA
Estimated Equity
$129,963
Home Values in the Area
Average Home Value in this Area
Agents Specializing in New Britain, CT
-
Ramon Matos
-
Cindy Forlenzo
Cindy Forlenzo
Responds QuicklyColdwell Banker Realty
(475) 263-4942
96 Total Sales
1 in New Britain
$175,000 Price
-
Marta Lisowska
Marta Lisowska
KW Legacy Partners
(860) 773-4369
72 Total Sales
1 in New Britain
$425,000 Price
-
Noora Brown
Noora Brown
William Pitt Sotheby's Int'l
(959) 245-5144
130 Total Sales
15 in New Britain
$200K - $550K Price Range
-
Michelle Maldonado
Michelle Maldonado
RE/MAX RISE
(860) 590-3158
55 Total Sales
2 in New Britain
$382K - $390K Price Range
-
Craig Hebert
Craig Hebert
RE/MAX Right Choice
(860) 781-9083
12 Total Sales
2 in New Britain
$221K - $366K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $355,000 | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $348,570 | ||
| Closed | $18,500 | ||
| Closed | $221,950 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/01/2023 05/01/23 | Sold | $355,000 | +4.4% | $91 / Sq Ft |
| 02/27/2023 02/27/23 | Pending | -- | -- | -- |
| 02/20/2023 02/20/23 | For Sale | $340,000 | -- | $87 / Sq Ft |
Source: SmartMLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $8,228 | $210,000 | $43,540 | $166,460 |
| 2024 | $8,314 | $210,000 | $43,540 | $166,460 |
| 2023 | $8,039 | $210,000 | $43,540 | $166,460 |
| 2022 | $5,579 | $112,700 | $20,020 | $92,680 |
| 2021 | $5,579 | $112,700 | $20,020 | $92,680 |
| 2020 | $5,691 | $112,700 | $20,020 | $92,680 |
| 2019 | $5,691 | $112,700 | $20,020 | $92,680 |
| 2018 | $5,691 | $112,700 | $20,020 | $92,680 |
| 2017 | $5,674 | $112,350 | $20,020 | $92,330 |
| 2016 | $5,674 | $112,350 | $20,020 | $92,330 |
| 2015 | $5,505 | $112,350 | $20,020 | $92,330 |
| 2014 | $5,505 | $112,350 | $20,020 | $92,330 |
Source: Public Records
Agents Affiliated with this Home
-
Timothy Serpe
Seller's Agent in 2023
Timothy Serpe
Citi Atlas Real Estate Co LLC
(203) 671-3467
67 Total Sales
-
Anthony La Penna
Buyer's Agent in 2023
Anthony La Penna
Exceptional Real Estate LLC
(860) 707-2520
175 Total Sales
Map
Source: SmartMLS
MLS Number: 170551485
APN: NBRI-000009A-000000-B000078
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