NOT LISTED FOR SALE

137 Babcock St Hartford, CT 06106

Frog Hollow Neighborhood

Estimated Value: $378,000 - $453,000

12 Beds
3 Baths
4,284 Sq Ft
$98/Sq Ft Est. Value

Last Sold January 06, 2023

Last sale price $318,000 $74 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,864/month

7 Days on Market

Highlights

  • 0.17 Acre Lot
  • No HOA
  • Porch
  • Property is near public transit
  • 3 Car Detached Garage
  • 4-minute walk to Pope Park North

About This Home

As of January 2023

Investors take notice of this huge brick three-family with 3 car garage, 11% CAP rate + 21% ROI! This property has large units with approx. 1,425 SF each - 4 beds, 1 bath, LR, EIK + pantry and laundry hook-ups. The units are 100% occupied. The interior features various updates. The utilities are separate and tenant paid with gas heat and hot water. The electrical service is updated to circuit breakers. There is a three-car detached garage in back rented for additional income + off-street parking/driveway. Roof is 7-years old. Nothing to do but collect rents. + Conveniently located for easy access to highways and public transportation, and blocks to CT Children’s Medical Center, Pope Park and the South Green. This property is a turn key, low maintenance investment opportunity w/cash flow!

Last Agent to Sell the Property

Amanda Sheehan

Oxford Realty License #REB.0795097 Listed on: 10/20/2022

Oxford Realty

Last Buyer's Agent

Zhengdao Xu

Real Broker CT, LLC License #RES.0826553

Real Broker CT, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,218

Year Built

  • Built in 1880

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Stone Foundation
  • Asphalt Shingled Roof
  • Masonry Siding
  • Masonry

Interior Spaces

  • 4,284 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Car Detached Garage
  • Private Driveway
  • Off-Street Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters
  • Porch

Location

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

Utilities

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

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Additional Features

  • Public Transportation
  • Gross Income $54,864

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,218

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Neighborhood: Frog Hollow
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 4284
  • Public Record Living Room Sq Ft: 4284
  • Total Sq Ft: 4284
  • Year Built: 1880
  • Nearby Amenities: Commuter Bus, Medical Facilities, Park, Public Rec Facilities, Public Transportation, Walk to Bus Lines
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 6250
  • Directions: Park St to Babcock OR Russ St to Backcock
  • Special Features: None

Interior Features

  • Total Bedrooms: 12
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Full, Unfinished
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: No
  • Street Number Modifier: 137

Exterior Features

  • Exterior Features: Gutters, Lighting, Porch, Sidewalk
  • Exterior Siding: Brick
  • Foundation Type: Masonry, Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Brick

Garage/Parking

  • Garage Parking Info: Detached Garage, Paved, Off Street Parking
  • Garages Number: 3
  • Driveway Type: Private
  • Total Parking Spaces: 6

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • 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
  • High School: Per Board of Ed

Lot Info

  • Acres: 0.1700
  • Lot Description: Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: NX-2

Multi Family

  • Gross Annual Income: 54864
  • Net Operating Income: 36697
  • Unit Count: 3
  • Total Multi Family: 18
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 6218
  • Total Assessed Value: 90184
  • Mil Rate Base: 68.950
  • Mil Rate Total: 68.950
  • Assessor Parcel Number: 602204

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
Oct 20, 2022
Closed on
Jan 4, 2023
Sold by
Naim Yoram B
Bought by
Wu Mingxing and Larsen Clifford M
Seller's Agent
Amanda Sheehan
Oxford Realty
Buyer's Agent
Zhengdao Xu
Real Broker CT, LLC
List Price
$323,555
Sold Price
$318,000
Premium/Discount to List
-$5,555
-1.72%
Views
29
Current Estimated Value
$418,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,780
Avg. Annual Appreciation
10.95%
Original Mortgage
$222,600
Outstanding Balance
$216,159
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$202,621

Purchase Details

Closed on
Apr 24, 2017
Sold by
Us Bank Na
Bought by
Naim Yoram B

Purchase Details

Closed on
Oct 28, 2015
Sold by
Lopez Crescencio and Jp Morgan Chase Bank N
Bought by
Jp Morgan Chase Bank N

Purchase Details

Closed on
Jan 25, 2006
Sold by
Freeman Deron and Freeman Christina
Bought by
Lopez Crescencio

Purchase Details

Closed on
Jan 22, 2003
Sold by
Hoffman Gary and Walwyn Barry
Bought by
Freeman Deron and Cano Christina
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
Wu Mingxing $318,000 None Available
Wu Mingxing $318,000 None Available
Naim Yoram B $82,555 --
Naim Yoram B $82,555 --
Jp Morgan Chase Bank N -- --
Jp Morgan Chase Bank N -- --
Lopez Crescencio $241,800 --
Lopez Crescencio $241,800 --
Freeman Deron $134,000 --
Freeman Deron $134,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Mingxing $222,600
Closed Wu Mingxing $222,600
Previous Owner Freeman Deron $157,000
Previous Owner Freeman Deron $260,855
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2023 01/06/23 Sold $318,000 -1.7% $74 / Sq Ft
10/27/2022 10/27/22 Pending -- -- --
10/20/2022 10/20/22 For Sale $323,555 -- $76 / 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
2024 $7,029 $101,945 $6,725 $95,220
2023 $7,029 $101,945 $6,725 $95,220
2022 $6,218 $90,184 $6,725 $83,459
2021 $4,397 $59,185 $7,980 $51,205
2020 $4,397 $59,185 $7,980 $51,205
2019 $4,397 $59,185 $7,980 $51,205
2018 $2,799 $37,675 $7,710 $29,965
2016 $4,379 $58,944 $7,344 $51,600
2015 $4,171 $56,144 $6,995 $49,149
2014 $4,069 $54,772 $6,824 $47,948
Source: Public Records

Agents Affiliated with this Home

  • Amanda Sheehan

    Seller's Agent in 2023

    Amanda Sheehan

    Oxford Realty

    (203) 314-4219

    4 in this area

    174 Total Sales

    Amanda Sheehan
    Section Image
  • Zhengdao Xu

    Buyer's Agent in 2023

    Zhengdao Xu

    Real Broker CT, LLC

    (413) 222-2609

    1 in this area

    7 Total Sales

    Zhengdao Xu
    Section Image
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Map

Source: SmartMLS

MLS Number: 170531346

SmartMLS

APN: HTFD-000203-000422-000111

Connecticut Hartford County Hartford 06106 Frog Hollow

137 Babcock St, Hartford, CT

This home is located at 137 Babcock St, Hartford, CT 06106 since 20 October 2022 and is currently estimated at $418,780, approximately $97 per square foot. This property was built in 1880. 137 Babcock St is a home located in Hartford County with nearby schools including Burns Latino Studies Academy, Sanchez School, and Parkville Community 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.

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