NOT LISTED FOR SALE

1371 Corbin Ave New Britain, CT 06053

Estimated Value: $379,000 - $422,000

6 Beds
3 Baths
2,880 Sq Ft
$139/Sq Ft Est. Value

Last Sold February 16, 2024

Last sale price $345,000 $120 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,712/month

236 Days on Market

Highlights

  • Property is near public transit
  • Public Transportation
  • Baseboard Heating
  • Attic

About This Home

As of February 2024

This fully leased 3 family home is ready for the next owner to start making money! Monthly income is $3,800. This home has a detached 3 bay garage/carport that could be used for additional income and there is plenty of off street parking behind the house. It is located in a great commuter location since it is a short drive to Rt 84 and to Rt 72!

Last Agent to Sell the Property

Jim Treanor Jr

ERA Treanor Real Estate License #REB.0756824 Listed on: 06/25/2023

Last Buyer's Agent

Jim Treanor Jr

ERA Treanor Real Estate License #REB.0756824 Listed on: 06/25/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,903

Year Built

  • Built in 1927

Lot Details

  • 8,276 Sq Ft Lot

Home Design

  • 2,880 Sq Ft Home
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 3 Car Garage
  • Driveway

Location

  • Property is near public transit
  • Property is near shops

Schools

  • New Britain High School

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • Attic

Community Details

  • 3 Units
  • Public Transportation
  • Gross Income $45,600

Listing and Financial Details

  • Assessor Parcel Number 641937

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,903

Year Built

Built in 1927

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: 2880
  • Total Sq Ft: 2880
  • Year Built: 1927
  • New Construction: No/Resale
  • Nearby Amenities: Public Transportation, Shopping/Mall
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5448
  • Directions: West Main St to Corbin Ave
  • Financing Used: Cash
  • Living Area Sq Ft Per Public Record: 2880
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement Description: Full With Walk-Out
  • Attic: Yes
  • Street Number Modifier: 1371

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 3
  • Driveway Type: Paved
  • Garage And Parking: Detached Garage

Utilities

  • Cooling System: None
  • Heat Type: Baseboard, Hot Air
  • Heat Fuel Type: Electric, Natural Gas
  • Fuel Tank Location: Non Applicable
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

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

Lot Info

  • Acres: 0.19
  • Lot Description: Level Lot Lightly Wooded
  • Zoning: T
  • Parcel #: 641937

Multi Family

  • Gross Annual Income: 45600
  • Total Number Of Units: 3
  • Unit Count: 3

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 6903
  • Total Assessed Value: 180320
  • Mil Rate Total: 38.28

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2023
Closed on
Feb 12, 2024
Sold by
Aquino Sheyla
Bought by
1371 Corbin Ave Llc
Seller's Agent
Jim Treanor Jr
ERA Treanor Real Estate
Buyer's Agent
Jim Treanor Jr
ERA Treanor Real Estate
List Price
$389,900
Sold Price
$345,000
Premium/Discount to List
-$44,900
-11.52%
Views
755
Current Estimated Value
$400,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,509
Avg. Annual Appreciation
6.15%

Purchase Details

Listed on
Jun 26, 2020
Closed on
Nov 5, 2020
Sold by
Vasquez Jose
Bought by
Aquino Sheyla
Seller's Agent
Monica Barzola
Premier Properties of CT
Buyer's Agent
Monica Barzola
Premier Properties of CT
List Price
$249,900
Sold Price
$248,000
Premium/Discount to List
-$1,900
-0.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.59%
Original Mortgage
$243,508
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 26, 2016
Sold by
Kelaher Emily
Bought by
Emily H Kelaher Lt and Kelaher

Purchase Details

Closed on
Nov 14, 2003
Sold by
Khatri Alkesh and Khatri Kailas
Bought by
Vasquez Jose A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,100
Interest Rate
7.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 18, 1995
Sold by
Bristol Fin Svcs Inc
Bought by
Riley Donald and Riley Mary Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 8, 1988
Sold by
Fansiwala Mukesh N
Bought by
Khatri Alkesh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
10.54%
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
1371 Corbin Ave Llc $345,000 None Available
Aquino Sheyla $248,000 None Available
Emily H Kelaher Lt -- --
Vasquez Jose A $129,000 --
Riley Donald $65,000 --
Khatri Alkesh $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aquino Sheyla $243,508
Previous Owner Khatri Alkesh $197,950
Previous Owner Khatri Alkesh $116,100
Previous Owner Khatri Alkesh $52,000
Previous Owner Khatri Alkesh $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2024 02/16/24 Sold $345,000 -11.5% $120 / Sq Ft
06/25/2023 06/25/23 For Sale $389,900 +57.2% $135 / Sq Ft
11/05/2020 11/05/20 Sold $248,000 -0.8% $86 / Sq Ft
08/22/2020 08/22/20 Pending -- -- --
06/26/2020 06/26/20 For Sale $249,900 -- $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 $7,065 $180,320 $36,820 $143,500
2024 $7,139 $180,320 $36,820 $143,500
2023 $6,903 $180,320 $36,820 $143,500
2022 $4,841 $97,790 $12,180 $85,610
2021 $4,841 $97,790 $12,180 $85,610
2020 $4,938 $97,790 $12,180 $85,610
2019 $4,938 $97,790 $12,180 $85,610
2018 $4,938 $97,790 $12,180 $85,610
2017 $4,677 $92,610 $12,740 $79,870
2016 $4,677 $92,610 $12,740 $79,870
2015 $4,538 $92,610 $12,740 $79,870
2014 $4,538 $92,610 $12,740 $79,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170579984

SmartMLS

APN: NBRI-000004D-000000-E000004