NOT LISTED FOR SALE

118 Columbia St New Britain, CT 06052

Estimated Value: $494,000 - $648,000

7 Beds
3 Baths
4,488 Sq Ft
$123/Sq Ft Est. Value

Last Sold May 16, 2022

Last sale price $405,000 $90 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,802/month

31 Days on Market

Highlights

  • Attic
  • Balcony
  • Level Lot
  • No HOA
  • Baseboard Heating

About This Home

As of May 2022

Great opportunity to own this fully rented cash-flowing well-maintained Large 3 family house in the West End of New Britain! First floor unit has 3 large bedrooms, 2 full bathrooms, in-unit laundry, dishwasher, central air and heating, a spacious dining room that opens up to an ample sized living room, beautiful hardwood floors; first floor was rehabbed in 2020 with completely brand new windows. Second and Third floors are spacious units with 2 bedrooms and 1 bathroom in each, and hardwood floors throughout the room. There are 7 bedrooms, and 4 bathrooms altogether. The property is 4,488 sqft. There is plenty of storage in the basement and attic. There are separated utilities with an owner's meter. All mechanicals are in great condition (3rd floor water heater was replaced in February 2022).House offers a great back yard and plenty of parking. Close proximity to The Hospital of Central Connecticut, Walnut Hill Park, Central Connecticut State University and all major highways. The house is fully rented (and tenants pay on time). Included are pictures of the first floor unit after the renovation. Property to be sold As-Is. The selling price is $395k.

Last Agent to Sell the Property

Francine Brown

Brown Estate Realty License #REB.0759264 Listed on: 03/25/2022

Last Buyer's Agent

Jessica Lopez

Our Home Realty Advisors License #RES.0816500

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,419

Year Built

  • Built in 1923

Lot Details

  • 0.26 Acre Lot
  • Level Lot

Home Design

  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 4,488 Sq Ft Home
  • Walkup Attic
  • Unfinished Basement

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Balcony

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association
  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,419

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 4488
  • Public Record Living Room Sq Ft: 4488
  • Total Sq Ft: 4488
  • Year Built: 1923
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 8405
  • Directions: Linwood St or Griswold St to Columbia St
  • Special Features: None

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Walk-up
  • Basement Description: Unfinished
  • Attic: Yes
  • Street Number Modifier: 118

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Paved, Off Street Parking
  • Driveway Type: Paved

Utilities

  • Cooling System: Wall Unit
  • Heat Type: Baseboard, Gas on Gas
  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: In Basement
  • Hot Water Description: 40 Gallon Tank, Natural Gas
  • 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: 0.2600
  • Lot Description: Level Lot
  • Zoning: T

Multi Family

  • Unit Count: 3
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 7419
  • Total Assessed Value: 149870
  • Mil Rate Base: 49.500
  • Mil Rate Total: 49.500
  • Assessor Parcel Number: 641549

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2022
Closed on
May 13, 2022
Sold by
Obas Simon
Bought by
Rosario Monica A
Seller's Agent
Francine Brown
Brown Estate Realty
Buyer's Agent
Jessica Lopez
Our Home Realty Advisors
List Price
$395,000
Sold Price
$405,000
Premium/Discount to List
$10,000
2.53%
Current Estimated Value
$552,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,667
Avg. Annual Appreciation
8.18%
Original Mortgage
$419,049
Outstanding Balance
$399,393
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$127,274

Purchase Details

Listed on
Apr 5, 2019
Closed on
Jul 25, 2019
Sold by
Polkowski Christopher
Bought by
Obas Simon
Seller's Agent
Mailene Downes
Berkshire Hathaway NE Prop.
Buyer's Agent
Matthew Miale
KW Legacy Partners
List Price
$299,000
Sold Price
$290,000
Premium/Discount to List
-$9,000
-3.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.01%
Original Mortgage
$284,747
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 4, 2007
Sold by
Bierut Eugene and Bierut Ewa
Bought by
Polkowski Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,850
Interest Rate
6.59%
Source: Public Records

Range of Values:

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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
Rosario Monica A $405,000 None Available
Obas Simon $290,000 --
Polkowski Christopher $315,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosario Monica A $419,049
Previous Owner Obas Simon $284,747
Previous Owner Bierut Ewa $205,000
Previous Owner Bierut Ewa $243,000
Previous Owner Bierut Ewa $248,850
Previous Owner Bierut Ewa $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2022 05/16/22 Sold $405,000 +2.5% $90 / Sq Ft
04/25/2022 04/25/22 Pending -- -- --
03/25/2022 03/25/22 For Sale $395,000 +36.2% $88 / Sq Ft
08/22/2019 08/22/19 Sold $290,000 -3.0% $65 / Sq Ft
06/09/2019 06/09/19 Pending -- -- --
04/05/2019 04/05/19 For Sale $299,000 -- $67 / 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 $10,290 $262,640 $50,470 $212,170
2024 $10,398 $262,640 $50,470 $212,170
2023 $10,054 $262,640 $50,470 $212,170
2022 $7,419 $149,870 $23,240 $126,630
2021 $7,419 $149,870 $23,240 $126,630
2020 $7,568 $149,870 $23,240 $126,630
2019 $7,568 $149,870 $23,240 $126,630
2018 $7,568 $149,870 $23,240 $126,630
2017 $7,042 $139,440 $21,350 $118,090
2016 $7,042 $139,440 $21,350 $118,090
2015 $6,833 $139,440 $21,350 $118,090
2014 $6,833 $139,440 $21,350 $118,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170476903

SmartMLS

APN: NBRI-000008A-000000-D000143