NOT LISTED FOR SALE

123 Glen St New Britain, CT 06051

Estimated Value: $281,702 - $374,000

9 Beds
3 Baths
6,000 Sq Ft
$55/Sq Ft Est. Value

Last Sold February 14, 2022

Last sale price $225,000 $38 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,588/month

57 Days on Market

Highlights

  • City View
  • Attic
  • Balcony
  • Property is near public transit
  • No HOA
  • Porch

About This Home

As of February 2022

Great opportunity to own a large Brick cash flowing three-family home in New Britain. Live in one unit and rent the other two, simply rent all three, or utilize it as an Air B&B. So many opportunities to maximize earnings with this one! This home needs some work, and needs someone to take it to the finish line; however, you will not be starting from scratch because a good amount of work has already been DONE. Let’s set up a time to speak/view the property! This will not qualify for FHA. This is a Cash Deal or a Construction Loan/Hard Money. Please provide Proof of Funds for Cash or Pre-approval from Hard Money Lender no more 30 days old for Access!
Back on the market, buyer could not perform.

Last Agent to Sell the Property

Francine Brown

Brown Estate Realty License #REB.0759264 Listed on: 11/12/2021

Last Buyer's Agent

Sandra Deschenes

Fercodini Properties, Inc. License #RES.0784351

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,188

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Many Trees

Home Design

  • Gable Roof Shape
  • Brick Exterior Construction
  • Concrete Foundation
  • Asphalt Shingled Roof
  • Masonry Siding
  • Masonry

Interior Spaces

  • City Views
  • Pull Down Stairs to Attic

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

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

Parking

  • Private Driveway
  • On-Street Parking

Outdoor Features

  • Balcony
  • Porch

Location

  • Property is near public transit
  • Property is near a bus stop

Utilities

  • Heating System Uses Gas
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,188

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 4500
  • Public Record Living Room Sq Ft: 4500
  • Sq Ft Est Heated Below Grade: 1500
  • Total Sq Ft: 6000
  • Year Built: 1900
  • Nearby Amenities: Library, Public Transportation, Walk to Bus Lines
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 8316
  • Directions: Main St to Glen St or Whiting St to Glen St
  • Special Features: None

Interior Features

  • Total Bedrooms: 9
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full, Full With Walk-Out, Unfinished, Storage
  • Attic: Yes
  • Street Number Modifier: 123

Exterior Features

  • Exterior Features: Balcony, Porch
  • Exterior Siding: Brick
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle, Gable
  • Swimming Pool: No
  • Construction Description: Brick, Masonry

Garage/Parking

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

Utilities

  • Heat Type: Gas on Gas
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: 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: 0.1100
  • Lot Description: City Views, Treed
  • Zoning: A3

Multi Family

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

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 6188
  • Total Assessed Value: 125020
  • Mil Rate Base: 49.500
  • Mil Rate Total: 49.500
  • Assessor Parcel Number: 644157

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
Nov 12, 2021
Closed on
Feb 10, 2022
Sold by
Power Umbrella Llc
Bought by
Guasco-Lazo Ruben D and Aneta-Padilla Nancy F
Seller's Agent
Francine Brown
Brown Estate Realty
Buyer's Agent
Sandra Deschenes
Fercodini Properties, Inc.
List Price
$270,000
Sold Price
$225,000
Premium/Discount to List
-$45,000
-16.67%
Total Days on Market
57
Current Estimated Value
$329,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,426
Avg. Annual Appreciation
13.80%

Purchase Details

Closed on
Apr 20, 2021
Sold by
Johnson Dave
Bought by
Power Umbrella Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,936
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 16, 2021
Sold by
Johnson Paulette W Est
Bought by
Power Umbrella Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,936
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 2007
Sold by
Est Johnson Vera and Johnson Mark
Bought by
Johnson Dowe and Williams-Johnson Paulette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,500
Interest Rate
6.78%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Guasco-Lazo Ruben D $225,000 None Available
Power Umbrella Llc $200,000 None Available
Power Umbrella Llc -- None Available
Johnson Dowe $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Power Umbrella Llc $229,936
Previous Owner Johnson Dowe $184,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2022 02/14/22 Sold $225,000 -16.7% $38 / Sq Ft
01/08/2022 01/08/22 Pending -- -- --
12/09/2021 12/09/21 For Sale $270,000 0.0% $45 / Sq Ft
11/22/2021 11/22/21 Pending -- -- --
11/12/2021 11/12/21 For Sale $270,000 -- $45 / 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
2024 $8,868 $224,000 $26,670 $197,330
2023 $8,575 $224,000 $26,670 $197,330
2022 $6,188 $125,020 $7,630 $117,390
2021 $6,188 $125,020 $7,630 $117,390
2020 $6,314 $125,020 $7,630 $117,390
2019 $6,314 $125,020 $7,630 $117,390
2018 $6,314 $125,020 $7,630 $117,390
2017 $6,543 $129,570 $8,610 $120,960
2016 $6,543 $129,570 $8,610 $120,960
2015 $6,349 $129,570 $8,610 $120,960
2014 $6,349 $129,570 $8,610 $120,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170451978

SmartMLS

APN: NBRI-000008C-000000-C000089