NOT LISTED FOR SALE

1422 Corbin Ave New Britain, CT 06053

Estimated Value: $324,849 - $522,000

6 Beds
2.5 Baths
3,616 Sq Ft
$106/Sq Ft Est. Value

Last Sold October 15, 2020

Last sale price $194,500 $54 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $2,642/month

3 Days on Market

Highlights

  • Property is near public transit
  • Attic
  • Porch
  • Finished Attic
  • Corner Lot
  • Tankless Water Heater

About This Home

As of October 2020

This charming 2 Family home has endless character and vintage style with large crown molding around doors and gleaming hardwood floors. The first floor is occupied by long term tenants. The first floor has an ultra large eat in kitchen, breakfast bar, 1.5 baths with laundry room, 4 large bedrooms and a spacious living room. Head upstairs to the second floor to find another over sized eat in kitchen, spacious living room, 2 large bedrooms and a full bathroom. The best kept secret to this home is heading up to the large finished attic with another full bathroom and endless possibilities as an amazing bonus room! The partially finished basement boasts a mini rec room, storage space and utilities. All this home needs is you and your TLC to make is gleam with endless possibilities. The enclosed porch, basketball court and perfectly level fenced in back yard are exactly what you need when staying home! It is located on the corner of a quiet street and has plenty of parking. Perfect for owners and investors alike!! Priced below market value to SELL!!!

Last Agent to Sell the Property

Angela Vassar

Better Living Realty, LLC License #REB.0792258 Listed on: 07/29/2020

Last Buyer's Agent

Amy Bartolucci

Coldwell Banker Realty License #RES.0806397

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,975

Year Built

  • Built in 1924

Lot Details

  • 0.27 Acre Lot
  • Corner Lot
  • Level Lot

Home Design

  • Concrete Foundation
  • Stone Foundation
  • Stone Frame
  • Asphalt Shingled Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 3,616 Sq Ft Home
  • Concrete Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms

Attic

  • Walkup Attic
  • Finished Attic

Partially Finished Basement

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

Parking

  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Shed
  • Porch

Location

  • Property is near public transit
  • Property is near shops

Schools

  • New Britain High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiator
  • Heating System Uses Natural Gas
  • Heating System Uses Oil Above Ground
  • Tankless Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,975

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 3616
  • Public Record Living Room Sq Ft: 3616
  • Total Sq Ft: 3616
  • Year Built: 1924
  • Nearby Amenities: Basketball Court, Commuter Bus, Park, Shopping/Mall
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 6344
  • Directions: Corner of Corbin Ave and Elton Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Attic Description: Walk-up, Finished
  • Basement Description: Full, Partially Finished, Concrete Floor, Walk-out
  • Laundry Room Info: Basement Hook-Up(s), Hook-Up In Unit 1
  • Attic: Yes
  • Street Number Modifier: 1422

Exterior Features

  • Exterior Features: Porch, Shed, Sidewalk
  • Exterior Siding: Wood
  • Foundation Type: Concrete, Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Stone

Garage/Parking

  • Garage Parking Info: Paved, Off Street Parking

Utilities

  • Cooling System: Wall Unit
  • Heat Type: Radiator
  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Tankless Hotwater
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

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

Lot Info

  • Acres: 0.2700
  • Lot Description: Corner Lot, Level Lot
  • Flood Zone: No
  • Zoning: S2

Multi Family

  • Unit Count: 2
  • Total Multi Family: 11
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 5975
  • Total Assessed Value: 117000
  • Mil Rate Total: 50.500
  • Assessor Parcel Number: 641950

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2020
Closed on
Oct 1, 2020
Sold by
Giancola David
Bought by
Doninger Griffin
Seller's Agent
Angela Vassar
Better Living Realty, LLC
Buyer's Agent
Amy Bartolucci
Coldwell Banker Realty
List Price
$169,900
Sold Price
$194,500
Premium/Discount to List
$24,600
14.48%
Current Estimated Value
$382,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,462
Avg. Annual Appreciation
14.50%
Original Mortgage
$145,875
Outstanding Balance
$130,104
Interest Rate
2.8%
Mortgage Type
Balloon
Estimated Equity
$250,546

Purchase Details

Closed on
Oct 13, 2015
Sold by
Payette Helen
Bought by
Giancola David

Purchase Details

Closed on
Dec 13, 1995
Sold by
Fleet Natl Bk Of Ct
Bought by
Infinity Graphics Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
7.43%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Doninger Griffin $194,500 None Available
Giancola David -- --
Infinity Graphics Inc $1,400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doninger Griffin $145,875
Previous Owner Infinity Graphics Inc $120,000
Previous Owner Infinity Graphics Inc $120,000
Previous Owner Infinity Graphics Inc $1,500,000
Previous Owner Infinity Graphics Inc $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2020 10/15/20 Sold $194,500 +14.5% $54 / Sq Ft
08/01/2020 08/01/20 Pending -- -- --
07/29/2020 07/29/20 For Sale $169,900 -- $47 / 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 $7,345 $187,460 $40,670 $146,790
2024 $7,422 $187,460 $40,670 $146,790
2023 $7,176 $187,460 $40,670 $146,790
2022 $5,904 $119,280 $13,510 $105,770
2021 $5,835 $117,880 $13,510 $104,370
2020 $5,953 $117,880 $13,510 $104,370
2019 $5,953 $117,880 $13,510 $104,370
2018 $5,953 $117,880 $13,510 $104,370
2017 $5,833 $115,500 $14,070 $101,430
2016 $5,833 $115,500 $14,070 $101,430
2015 $5,660 $115,500 $14,070 $101,430
2014 $5,660 $115,500 $14,070 $101,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170321772

SmartMLS

APN: NBRI-000004D-000000-E000104