NOT LISTED FOR SALE

1355 Corbin Ave New Britain, CT 06053

Estimated Value: $293,188 - $446,000

4 Beds
2 Baths
2,686 Sq Ft
$141/Sq Ft Est. Value

Last Sold October 13, 2020

Last sale price $255,000 $95 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,532/month

67 Days on Market

Highlights

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

About This Home

As of October 2020

Come and see this hard-to-find, beautiful, well-maintained multi-family home in New Britain! The fair market rental value for this house is ~$2,400! The units are currently leased below market value and can be increased at lease renewal. Each unit has been updated and contains 2 bedrooms, 1 bathroom, an eat-in kitchen, spacious dining room, separate formal living room, and front & back porches. The tenants enjoy the convenience of washers/dryers located onsite. The third floor is unfinished and has potential for another unit, as the plumbing is already there! This house is on a beautiful corner lot, which is maintained by the tenants. There is a detached 2-car garage and plenty of parking! Close to shopping, highways, bus lines, restaurants, and more! Come and see the house today! THIS HOUSE WILL NOT LAST!

Last Agent to Sell the Property

Chelsea Daley

Coldwell Banker Realty License #RES.0800736 Listed on: 07/01/2020

Coldwell Banker Realty

Last Buyer's Agent

Steven Dreher

Regency Real Estate, LLC License #RES.0804721

Regency Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,006

Year Built

  • Built in 1925

Lot Details

  • 0.26 Acre Lot
  • Corner Lot

Home Design

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

Interior Spaces

  • 2,686 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Walkup Attic

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Driveway

Outdoor Features

  • Porch

Location

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

Schools

  • New Britain High School

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Oil
  • Fuel Tank Located in Basement

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,006

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2686
  • Public Record Living Room Sq Ft: 2686
  • Total Sq Ft: 2686
  • Year Built: 1925
  • Nearby Amenities: Park, Public Rec Facilities, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Remarks Public Addendum: Section 8 approved. 1st floor lease expires on 9/30/20 and 2nd floor lease expires on 10/31/20.
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 5464
  • Tax Year Updated Dt: 07/20/2020
  • Directions: Corner of Myrtle Street and Corbin Avenue. Park on Myrtle St. and go in back door of home.
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Walk-up
  • Basement Description: Full, Unfinished
  • Attic: Yes
  • Street Number Modifier: 1355

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling System: Window Unit
  • Heat Type: Radiator
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • 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
  • Middle School: Per Board of Ed
  • High School: New Britain

Lot Info

  • Acres: 0.2600
  • Lot Description: Corner Lot
  • Zoning: 1 zone

Multi Family

  • Unit Count: 2
  • Total Multi Family: 10
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 5006
  • Total Assessed Value: 99120
  • Mil Rate Base: 50.500
  • Mil Rate Total: 50.500
  • Assessor Parcel Number: 641934

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: New Britain

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2020
Closed on
Oct 9, 2020
Sold by
Wood Lauren A
Bought by
Tokarczyk Patrick T
Seller's Agent
Chelsea Daley
Coldwell Banker Realty
Buyer's Agent
Steven Dreher
Regency Real Estate, LLC
List Price
$235,000
Sold Price
$255,000
Premium/Discount to List
$20,000
8.51%
Current Estimated Value
$378,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,047
Avg. Annual Appreciation
8.61%

Purchase Details

Closed on
Dec 7, 2004
Sold by
Kjday Tr Claire R and Kjday Claive
Bought by
Wood Lawrence A

Purchase Details

Closed on
Nov 20, 1997
Sold by
Baxter Edward
Bought by
Sanchez Olga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,000
Interest Rate
7.17%
Mortgage Type
Unknown
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
Tokarczyk Patrick T $255,000 None Available
Wood Lawrence A $87,450 --
Sanchez Olga $47,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sanchez Olga $121,000
Previous Owner Sanchez Olga $33,330
Previous Owner Sanchez Olga $47,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2020 10/13/20 Sold $255,000 +8.5% $95 / Sq Ft
09/06/2020 09/06/20 Pending -- -- --
07/01/2020 07/01/20 For Sale $235,000 -- $87 / 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 $6,330 $161,560 $40,180 $121,380
2024 $6,396 $161,560 $40,180 $121,380
2023 $6,185 $161,560 $40,180 $121,380
2022 $4,906 $99,120 $13,300 $85,820
2021 $4,906 $99,120 $13,300 $85,820
2020 $5,006 $99,120 $13,300 $85,820
2019 $5,006 $99,120 $13,300 $85,820
2018 $5,006 $99,120 $13,300 $85,820
2017 $4,900 $97,020 $13,860 $83,160
2016 $4,900 $97,020 $13,860 $83,160
2015 $4,754 $97,020 $13,860 $83,160
2014 $4,754 $97,020 $13,860 $83,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170311262

SmartMLS

APN: NBRI-000004D-000000-E000068