NOT LISTED FOR SALE

1427 Berlin Turnpike Berlin, CT 06037

Estimated Value: $599,975

1.01 Acres
$594,035 Price per Acre
43,996 Sq Ft Lot

Last Sold September 20, 2019

Last sale price $299,000

Est. 101% increase in value since last sale

Current estimated payment $3,855/month

547 Days on Market

Highlights

  • 1.01 Acre Lot
  • No HOA
  • Level Lot
  • Richard D. Hubbard School Rated A-

About This Lot

As of September 2019

Level lot; cleared with vacant building; on busy Berlin Turnpike; great spot for retail/restaurant/office

Last Agent to Sell the Property

Jim Neckermann

Commercial Real Estate Group License #REB.0493825 Listed on: 10/16/2017

Last Buyer's Agent

Jim Neckermann

Commercial Real Estate Group License #REB.0493825 Listed on: 10/16/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,731

Lot Details

  • 1.01 Acre Lot
  • Property fronts a state road
  • Level Lot
  • Cleared Lot
  • Property is zoned BT-1

Utilities

  • Gas Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$7,731

Lot Details

0

Listing Details

  • Property Type: Lots and Land For Sale
  • Potential Short Sale: No
  • Property Sub Type: Commercial Land
  • Direct Waterfront: No
  • Directions: Berlin Turnpike
  • Special Features: None

Exterior Features

  • Road Frontage Description: State Road

Utilities

  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Utilities Available: Electric Available, Gas Available, Cable Available
  • Septic Approval: No
  • Septic Plan Available: No

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 1.0100
  • Lot Description: Dry, Cleared, Level Lot
  • Lots Number Of: 1
  • Zoning: BT-1

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 7731
  • Assessor Parcel Number: 447339

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2019
Sold by
61896 Llc
Bought by
Mc Barber Shop Llc
Current Estimated Value
$599,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,242
Outstanding Balance
$291,243
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$308,732

Purchase Details

Closed on
May 7, 2013
Sold by
Langlands Kimberly
Bought by
61896 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
12%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mc Barber Shop Llc $351,242 --
Mc Barber Shop Llc $351,242 --
61896 Llc $350,000 --
61896 Llc $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mc Barber Shop Llc $331,242
Closed Mc Barber Shop Llc $331,242
Previous Owner 61896 Llc $175,000
Previous Owner 61896 Llc $110,000
Previous Owner 61896 Llc $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2019 09/20/19 Sold $299,000 0.0% --
07/11/2019 07/11/19 Off Market $299,000 -- --
04/16/2019 04/16/19 Pending -- -- --
10/16/2017 10/16/17 For Sale $395,000 -- --
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 $8,349 $272,400 $116,900 $155,500
2024 $8,229 $272,400 $116,900 $155,500
2023 $8,052 $272,400 $116,900 $155,500
2022 $9,010 $262,600 $109,300 $153,300
2021 $8,615 $253,900 $109,300 $144,600
2020 $8,795 $259,200 $109,300 $149,900
2019 $8,795 $259,200 $109,300 $149,900
2018 $8,424 $259,200 $109,300 $149,900
2017 $7,495 $237,100 $109,300 $127,800
2016 $12,962 $420,700 $109,300 $311,400
2015 $12,768 $420,700 $109,300 $311,400
2014 $12,155 $420,300 $109,300 $311,000
Source: Public Records

Agents Affiliated with this Home

  • Jim Neckermann

    Seller's Agent in 2019

    Jim Neckermann

    Commercial Real Estate Group

    (860) 883-6312

    5 in this area

    8 Total Sales

    Jim Neckermann
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Map

Source: SmartMLS

MLS Number: 170024846

SmartMLS

APN: BERL-000163-000142-000051A

Connecticut Hartford County Berlin 06037

1427 Berlin Turnpike, Berlin, CT

Not Listed for Sale

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