NOT LISTED FOR SALE

Estimated Value: $505,019

Studio
-- Bath
3,023 Sq Ft
$167/Sq Ft Est. Value

Last Sold May 20, 2022

Last sale price $400,000 $132 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,439/month

1 Day on Market

Highlights

  • Attic
  • Awning
  • Private Driveway
  • No HOA
  • Baseboard Heating

About This Home

As of May 2022

One of the unique opportunities to own multifamily home with two rental retail spaces in the front on busy route for sale. One retail space is a package store and another one is DJ studio. Big parking for at least 6-8 cars in the back of the building. All the apartments are leased and occupied by the tenants for long time. Steady income and potential growth of the real estate property is tremendous.

Last Agent to Sell the Property

Snehal Dharani

Coldwell Banker Realty License #RES.0799382 Listed on: 04/07/2022

Coldwell Banker Realty

Last Buyer's Agent

Snehal Dharani

Coldwell Banker Realty License #RES.0799382 Listed on: 04/07/2022

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,462

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot

Home Design

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

Interior Spaces

  • 3,023 Sq Ft Home
  • Awning
  • Walkup Attic

Basement

  • Partial Basement
  • Shared Basement

Parking

  • 6 Car Garage
  • Private Driveway

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Gas Available at Street

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Gross Income $57,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,462

Year Built

Built in 1900

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Neighborhood: East Rock
  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 3023
  • Public Record Living Room Sq Ft: 3023
  • Total Sq Ft: 3023
  • Year Built: 1900
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: Yes
  • Public Record Gross Sq Ft: 4845
  • Directions: I-91 exit 6, willow street to State street
  • Special Features: None

Interior Features

  • Attic Description: Walk-up
  • Basement Description: Partial, Shared Basement
  • Attic: Yes

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Paved
  • Garages Number: 6
  • Driveway Type: Private

Utilities

  • Cooling System: Wall Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Gas In Street
  • Hot Water Description: 30 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.1500
  • Lot Description: N/A
  • Zoning: BA

Multi Family

  • Gross Annual Income: 57600
  • Unit Count: 1
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 8462
  • Mil Rate Base: 43.880
  • Assessor Parcel Number: 1243892

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
Apr 7, 2022
Closed on
May 19, 2022
Sold by
Bharti Realty Llc
Bought by
1306 State Llc
Seller's Agent
Snehal Dharani
Coldwell Banker Realty
Buyer's Agent
Snehal Dharani
Coldwell Banker Realty
List Price
$450,000
Sold Price
$400,000
Premium/Discount to List
-$50,000
-11.11%
Current Estimated Value
$505,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,019
Avg. Annual Appreciation
6.24%
Original Mortgage
$300,000
Outstanding Balance
$284,993
Interest Rate
5.25%
Mortgage Type
Commercial
Estimated Equity
$220,026

Purchase Details

Closed on
Jan 12, 2006
Sold by
Perrilli William and Dombrowski Ann
Bought by
Bharti Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8.33%
Mortgage Type
Commercial
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
1306 State Llc $400,000 None Available
Bharti Realty Llc $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1306 State Llc $300,000
Previous Owner Bharti Realty Llc $165,000
Previous Owner Bharti Realty Llc $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2022 05/20/22 Sold $400,000 -11.1% $132 / Sq Ft
04/07/2022 04/07/22 For Sale $450,000 -- $149 / Sq Ft
Source: SmartMLS

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 $225,400 $66,080 $159,320
2024 $8,678 $225,400 $66,080 $159,320
2023 $8,385 $225,400 $66,080 $159,320
2022 $8,960 $225,400 $66,080 $159,320
2021 $8,462 $192,850 $50,820 $142,030
2020 $8,462 $192,850 $50,820 $142,030
2019 $8,289 $192,850 $50,820 $142,030
2018 $8,289 $192,850 $50,820 $142,030
2017 $7,459 $192,850 $50,820 $142,030
2016 $7,286 $175,350 $45,430 $129,920
2015 $7,286 $175,350 $45,430 $129,920
2014 $7,286 $175,350 $45,430 $129,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170480525

SmartMLS

APN: NHVN-000170-000474-001400

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