NOT LISTED FOR SALE

124 Pearl St Enfield, CT 06082

Estimated Value: $405,000 - $513,000

9 Beds
3.5 Baths
3,060 Sq Ft
$151/Sq Ft Est. Value

Last Sold December 16, 2022

Last sale price $375,000 $123 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,259/month

3 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Balcony
  • Property is near public transit
  • No HOA
  • Thermal Windows

About This Home

As of December 2022

Built in 2006, this is almost unique in Hartford County multi families for sale. This means it is up to all the modern standards with low heating costs for the tenants and low maintenance costs for the owner. The tenant in the 3 bed unit is looking to buy a home and so that rent can easily be increased by $200. All units have large private basements with washer dryer hook ups. Much of it has been recently painted and had new laminate flooring installed. This makes it an excellent investment property. Average selling price for 2 & 3 families in Enfield over the last 90 days is $105/sq ft. That makes this one $378k and the average age of those units sold is more than 100 years. The new railway station coming to Enfield will make this area much more attractive - only half a mile away tiny.cc/EnfieldRailStation This will not last long!

Last Agent to Sell the Property

Richard Binns

Media Realty Group, Inc. License #RES.0788487 Listed on: 11/07/2022

Media Realty Group, Inc.

Last Buyer's Agent

Paul Gallagher

Gallagher Real Estate License #REB.0790100

Gallagher Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,007

Year Built

  • Built in 2006

Lot Details

  • 10,019 Sq Ft Lot
  • Corner Lot

Home Design

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

Interior Spaces

  • 3,060 Sq Ft Home
  • Thermal Windows
  • Smart Thermostat

Bedrooms and Bathrooms

  • 9 Bedrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 6 Parking Spaces
  • Parking Deck
  • Private Driveway
  • Off-Street Parking

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

  • Balcony
  • Deck

Location

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

Schools

  • Enfield High School

Utilities

  • Heating System Uses Natural Gas
  • Programmable Thermostat

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Additional Features

  • Public Transportation
  • Gross Income $44,160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,007

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 3060
  • Public Record Living Room Sq Ft: 3060
  • Total Sq Ft: 3060
  • Year Built: 2006
  • Nearby Amenities: Commuter Bus, Library, Medical Facilities, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 5010
  • Directions: Pearl st to corner of Oak Ave. Entrance and parking is on Oak Ave.
  • Special Features: None

Interior Features

  • Total Bedrooms: 9
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement Description: Full With Walk-Out
  • Laundry Room Location: Basement
  • Laundry Room Info: All Units Have Hook-Ups, Basement Hook-Up(s)
  • Attic: No
  • Home Automation: Thermostat(s)
  • Street Number Modifier: 124

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Private, Crushed Stone
  • Total Parking Spaces: 6

Utilities

  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • 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: Enfield

Green Features

  • Energy Features: Extra Insulation, Programmable Thermostat, Thermopane Windows

Lot Info

  • Acres: 0.2300
  • Lot Description: Corner Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R33

Multi Family

  • Gross Annual Income: 44160
  • Unit Count: 3
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 8007
  • Total Assessed Value: 238100
  • Mil Rate Base: 27.890
  • Mil Rate Tax District: 5.740
  • Mil Rate Total: 33.630
  • Assessor Parcel Number: 529959

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2022
Closed on
Dec 20, 2022
Sold by
Binns Eleanor F and Binns Richard
Bought by
Wordsworth Adam and Morgado Julia
Seller's Agent
Richard Binns
Media Realty Group, Inc.
Buyer's Agent
Paul Gallagher
Gallagher Real Estate
List Price
$374,900
Sold Price
$375,000
Premium/Discount to List
$100
0.03%
Views
46
Current Estimated Value
$462,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,214
Avg. Annual Appreciation
6.57%
Original Mortgage
$340,862
Outstanding Balance
$331,646
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$111,944

Purchase Details

Listed on
Nov 7, 2022
Closed on
Oct 25, 2022
Sold by
Binns Eleanor F
Bought by
Binns Eleanor F and Binns Richard
Seller's Agent
Richard Binns
Media Realty Group, Inc.
Buyer's Agent
Paul Gallagher
Gallagher Real Estate
List Price
$374,900
Sold Price
$375,000
Premium/Discount to List
$100
0.03%
Views
46

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,862
Outstanding Balance
$331,646
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$111,944
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
Wordsworth Adam $375,000 None Available
Binns Eleanor F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wordsworth Adam $340,862
Previous Owner Binns Eleanon $178,000
Previous Owner Binns Eleanon $100,000
Previous Owner Binns Eleanon $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2022 12/16/22 Sold $375,000 0.0% $123 / Sq Ft
11/17/2022 11/17/22 For Sale $374,900 0.0% $123 / Sq Ft
11/17/2022 11/17/22 Off Market $375,000 -- --
11/15/2022 11/15/22 Pending -- -- --
11/11/2022 11/11/22 For Sale $374,900 -- $123 / 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 $8,881 $238,100 $37,500 $200,600
2024 $8,643 $238,100 $37,500 $200,600
2023 $8,643 $238,100 $37,500 $200,600
2022 $8,007 $238,100 $37,500 $200,600
2021 $7,770 $189,100 $31,090 $158,010
2020 $7,694 $189,100 $31,090 $158,010
2019 $7,757 $189,100 $31,090 $158,010
2018 $7,589 $189,100 $31,090 $158,010
2017 $7,521 $189,100 $31,090 $158,010
2016 $7,882 $201,060 $31,090 $169,970
2015 $7,687 $201,060 $31,090 $169,970
2014 $7,315 $201,060 $31,090 $169,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170534861

SmartMLS

APN: ENFI-000021-000000-000063