NOT LISTED FOR SALE

125 Broad St Plainville, CT 06062

Estimated Value: $413,000 - $528,000

5 Beds
3 Baths
3,419 Sq Ft
$133/Sq Ft Est. Value

Last Sold January 06, 2023

Last sale price $340,000 $99 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,921/month

18 Days on Market

Highlights

  • Property is near public transit
  • Corner Lot
  • 2 Car Detached Garage
  • Attic
  • No HOA
  • Public Transportation

About This Home

As of January 2023

Great opportunity to own a well-maintained 3 family in Plainville! Start cash flowing immediately with tons of upside - current rents below market! All 3 units have carpeting, hardwood floors, a kitchen and living room. There are two, 2 bed 1 bath units and One, 1 bed 1 bath unit. The 2 bed unit on the first floor is the biggest unit which continues to the second level where the bedrooms are located. This unit also has a walkup, spacious attic that can be utilized for additional living space. The second 2 bed unit is located on the top floor and the one, 1 bed 1 bath unit is located on the bottom floor. All the appliances are useable and up to date in each unit. There is a huge unfinished basement with washer and dryer hookups. The oversized driveway provides tons of off street parking and the massive two car detached garage is an added bonus and can be rented for additional income. This is a highly desirable location next to the library, bus routes, highway, the post office, and multiple restaurants.

Last Agent to Sell the Property

Jacob Bivona

Keller Williams Prestige Prop. License #RES.0819689 Listed on: 12/02/2022

Keller Williams Prestige Prop.

Last Buyer's Agent

Krystal Harrison

Coldwell Banker Realty License #RES.0800481

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,806

Year Built

  • Built in 1907

Lot Details

  • 0.25 Acre Lot
  • Corner Lot
  • Level Lot

Home Design

  • Side-by-Side
  • Brick Exterior Construction
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 3,419 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Walkup Attic

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Driveway
  • Off-Street Parking

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Electric Water Heater

Additional Features

  • Shed
  • Property is near public transit

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,806

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors, Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 3419
  • Public Record Living Room Sq Ft: 3419
  • Total Sq Ft: 3419
  • Year Built: 1907
  • Nearby Amenities: Library, Park, Public Transportation
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: GPS
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Walk-up
  • Basement Description: Full
  • Attic: Yes

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Detached Garage, Off Street Parking
  • Garages Number: 2
  • Driveway Type: Paved

Utilities

  • Cooling System: Central Air
  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.2500
  • Lot Description: Corner Lot, Level Lot
  • Zoning: R

Multi Family

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

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 5806
  • Mil Rate Base: 30.640
  • Assessor Parcel Number: 2395316

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
Dec 2, 2022
Closed on
Jan 5, 2023
Sold by
Dibenigno T
Bought by
Heights 125 Llc
Seller's Agent
Jacob Bivona
Keller Williams Prestige Prop.
Buyer's Agent
Krystal Harrison
Coldwell Banker Realty
List Price
$329,000
Sold Price
$340,000
Premium/Discount to List
$11,000
3.34%
Current Estimated Value
$454,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,851
Avg. Annual Appreciation
10.19%
Original Mortgage
$300,000
Outstanding Balance
$290,050
Interest Rate
6.58%
Mortgage Type
Commercial
Estimated Equity
$164,801

Purchase Details

Closed on
Oct 17, 2017
Sold by
Dibenigno Angelo
Bought by
Dibenigno Lt

Purchase Details

Closed on
Feb 5, 2001
Sold by
Webster Bank
Bought by
D & K Furniture Llc
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
Heights 125 Llc $340,000 None Available
Heights 125 Llc $340,000 None Available
Dibenigno Lt -- --
Dibenigno Lt -- --
D & K Furniture Llc $225,000 --
D & K Furniture Llc $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heights 125 Llc $300,000
Closed Heights 125 Llc $300,000
Previous Owner D & K Furniture Llc $75,000
Previous Owner D & K Furniture Llc $81,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2023 01/06/23 Sold $340,000 +3.3% $99 / Sq Ft
12/20/2022 12/20/22 Pending -- -- --
12/02/2022 12/02/22 For Sale $329,000 -- $96 / 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 $6,511 $189,490 $54,740 $134,750
2024 $6,185 $189,490 $54,740 $134,750
2023 $5,954 $189,490 $54,740 $134,750
2022 $5,806 $189,490 $54,740 $134,750
2021 $4,996 $144,550 $47,600 $96,950
2020 $5,004 $144,550 $47,600 $96,950
2019 $5,004 $144,550 $47,600 $96,950
2018 $4,892 $144,550 $47,600 $96,950
2017 $4,724 $144,550 $47,600 $96,950
2016 $4,691 $146,650 $43,120 $103,530
2015 $4,668 $146,650 $43,120 $103,530
2014 $5,169 $164,710 $43,750 $120,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170538995

SmartMLS

APN: PLAI-000028-B000000-000013