NOT LISTED FOR SALE

126 Tremont St New Britain, CT 06051

Estimated Value: $493,000 - $533,000

9 Beds
6 Baths
4,878 Sq Ft
$105/Sq Ft Est. Value

Last Sold October 20, 2023

Last sale price $450,000 $92 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,485/month

3 Days on Market

Highlights

  • Attic
  • Ceiling Fan
  • Smart Thermostat
  • Enclosed Patio or Porch
  • Baseboard Heating

About This Home

As of October 2023

This is an excellent opportunity for a new or experienced Investor to add a cash-flowing 3-family property to their portfolio. This home offers 3 units, each with 3 Bedrooms and 2 Full Bathrooms; each master bedroom has an en suite and a large kitchen area. The units are laid out perfectly and boast over 1,100 sqft each. The house will pass the FHA Appraisal Inspection. The Unit on the 2nd Floor will be delivered vacant with a fully updated kitchen and bathrooms; this could be the perfect situation for an FHA buyer. The Basement is Partially Finished with 1,300 sqft of potential. On the outside of the house, there's a 5-car detached Garage as well as 5 parking spaces in the back of the building. Convenient location and close proximity to public transportation and easy access to RT 72, 9 & 84. It's a 7-minute drive to Central Connecticut Hospital and Central Connecticut State University.

Last Agent to Sell the Property

Derrick A Banks

eXp Realty License #RES.0816769 Listed on: 09/16/2023

eXp Realty

Last Buyer's Agent

Jennifer Lynne Lariccia

Coldwell Banker Realty License #REB.0793669

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,213

Year Built

  • Built in 1916

Lot Details

  • 7,405

Parking

  • 5 Car Garage

Home Design

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

Interior Spaces

  • Ceiling Fan
  • Pull Down Stairs to Attic
  • Smart Thermostat
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Full Bathrooms

Schools

  • Smalley Elementary School
  • Pulaski Middle School
  • New Britain High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • Enclosed Patio or Porch
  • 7,405 Sq Ft Lot

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 651834

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,213

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 3546
  • Sq Ft Est Heated Below Grade: 1332
  • Total Sq Ft: 4878
  • Year Built: 1916
  • New Construction: No/Resale
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5664
  • Directions: Use GPS MAPS
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 3546
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 9
  • Total Bathrooms: 6
  • Full Bathrooms: 6
  • Attic Description: Pull-Down Stairs
  • Basement Description: Partially Finished
  • Laundry Room Location: All Washer & Dryer Hook-ups are In Unit
  • Laundry Room Info: Hook-Up In Unit 1, Hook-Up In Unit 2, Hook-Up In Unit 3, Washer/Dryer All Units
  • Attic: Yes
  • Home Automation: Thermostat(s)
  • Street Number Modifier: 126

Exterior Features

  • Exterior Features: Porch-Enclosed
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Brick
  • Roof Information: Asphalt Shingle Flat
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 5
  • Total Parking Spaces: 5
  • Garage And Parking: Detached Garage

Utilities

  • Cooling System: Ceiling Fans, Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: Non Applicable
  • Hot Water Description: 40 Gallon Tank, Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Smalley
  • Middle School: Pulaski
  • High School: New Britain
  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.17
  • Lot Description: N/A
  • Flood Zone: No
  • Zoning: T
  • Parcel #: 651834

Multi Family

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

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 8213
  • Total Assessed Value: 214550
  • Mil Rate Total: 38.28

MLS Schools

  • Elementary School: Smalley
  • Middle Jr High School: Pulaski
  • High School: New Britain

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2023
Closed on
Oct 20, 2023
Sold by
Banks Derrick A and Phillips Leona
Bought by
Fudi Amrou
Seller's Agent
Derrick A Banks
eXp Realty
Buyer's Agent
Jennifer Lynne Lariccia
Coldwell Banker Realty
List Price
$440,000
Sold Price
$450,000
Premium/Discount to List
$10,000
2.27%
Views
67
Current Estimated Value
$511,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,971
Avg. Annual Appreciation
6.13%
Original Mortgage
$337,500
Outstanding Balance
$331,477
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$171,469

Purchase Details

Listed on
May 18, 2020
Closed on
Jul 10, 2020
Sold by
Matos Sergio P
Bought by
Banks Derrick A and Phillips Leona
Seller's Agent
Micaela Smaglis
Coldwell Banker Realty
Buyer's Agent
Steve Jones Jr
KW Legacy Partners
List Price
$257,900
Sold Price
$294,000
Premium/Discount to List
$36,100
14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.86%
Original Mortgage
$288,674
Interest Rate
3.2%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 15, 2017
Closed on
Jun 9, 2017
Sold by
Eastern Savings Bank
Bought by
Matos Sergio P
Seller's Agent
Michael DelGreco
New England Realty Assoc LLC
Buyer's Agent
Micaela Smaglis
Coldwell Banker Realty
List Price
$170,000
Sold Price
$170,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.40%
Original Mortgage
$127,500
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2016
Sold by
Helen P Kruczek Lt and Denino
Bought by
Eastern Sb

Purchase Details

Closed on
Jun 2, 1992
Sold by
Ganzenmuller August and Ganzenmuller Susan
Bought by
Cook Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.7%
Mortgage Type
Purchase Money Mortgage
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
Fudi Amrou $450,000 None Available
Fudi Amrou $450,000 None Available
Banks Derrick A $294,000 None Available
Banks Derrick A $294,000 None Available
Matos Sergio P $170,000 --
Matos Sergio P $170,000 --
Eastern Sb $125,000 --
Eastern Sb $125,000 --
Cook Andrew $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fudi Amrou $337,500
Closed Fudi Amrou $337,500
Previous Owner Banks Derrick A $284,947
Previous Owner Banks Derrick A $288,674
Previous Owner Matos Sergio P $195,500
Previous Owner Matos Sergio P $127,500
Previous Owner Cook Andrew $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2023 10/20/23 Sold $450,000 +2.3% $92 / Sq Ft
09/25/2023 09/25/23 Pending -- -- --
09/21/2023 09/21/23 For Sale $440,000 +49.7% $90 / Sq Ft
07/10/2020 07/10/20 Sold $294,000 +14.0% $83 / Sq Ft
05/22/2020 05/22/20 Pending -- -- --
05/18/2020 05/18/20 For Sale $257,900 +51.7% $73 / Sq Ft
06/07/2017 06/07/17 Sold $170,000 0.0% $48 / Sq Ft
04/04/2017 04/04/17 Pending -- -- --
03/28/2017 03/28/17 For Sale $170,000 0.0% $48 / Sq Ft
02/27/2017 02/27/17 Pending -- -- --
02/15/2017 02/15/17 For Sale $170,000 -- $48 / 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 $8,406 $214,550 $35,700 $178,850
2024 $8,494 $214,550 $35,700 $178,850
2023 $8,213 $214,550 $35,700 $178,850
2022 $5,873 $118,650 $11,830 $106,820
2021 $5,873 $118,650 $11,830 $106,820
2020 $5,992 $118,650 $11,830 $106,820
2019 $5,992 $118,650 $11,830 $106,820
2018 $5,992 $118,650 $11,830 $106,820
2017 $5,667 $112,210 $12,320 $99,890
2016 $5,493 $108,780 $12,320 $96,460
2015 $5,330 $108,780 $12,320 $96,460
2014 $5,330 $108,780 $12,320 $96,460
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    Derrick A Banks

    eXp Realty

    Section Image
  • Jennifer Lynne Lariccia

    Buyer's Agent in 2023

    Jennifer Lynne Lariccia

    Coldwell Banker Realty

    (203) 517-5023

    5 in this area

    141 Total Sales

    Jennifer Lynne Lariccia
    Section Image

  • M

    Seller's Agent in 2020

    Micaela Smaglis

    Coldwell Banker Realty

    Section Image
  • Steve Jones Jr

    Buyer's Agent in 2020

    Steve Jones Jr

    KW Legacy Partners

    (203) 645-6335

    5 in this area

    205 Total Sales

    Steve Jones Jr
    Section Image
  • Michael DelGreco

    Seller's Agent in 2017

    Michael DelGreco

    New England Realty Assoc LLC

    (203) 631-0832

    214 Total Sales

    Michael DelGreco
    Section Image
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Map

Source: SmartMLS

MLS Number: 170598470

SmartMLS

APN: NBRI-000006D-000000-C000152

Connecticut Hartford County New Britain 06051

126 Tremont St, New Britain, CT

This home is located at 126 Tremont St, New Britain, CT 06051 since 16 September 2023 and is currently estimated at $511,971, approximately $104 per square foot. This property was built in 1916. 126 Tremont St is a home located in Hartford County with nearby schools including Smalley Academy, Pulaski Middle School, and Mountain Laurel Sudbury School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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