NOT LISTED FOR SALE

154 Market St New Britain, CT 06051

Estimated Value: $297,792 - $355,000

4 Beds
2 Baths
2,376 Sq Ft
$138/Sq Ft Est. Value

Last Sold August 15, 2019

Last sale price $165,000 $69 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $2,266/month

68 Days on Market

Highlights

  • Attic
  • 3 Car Detached Garage
  • Heating System Uses Steam
  • No HOA
  • Porch
  • Level Lot

About This Home

As of August 2019

This two-family home has updated mechanicals, and is ideal for either an investor or an owner occupant. Updates include newer gas furnaces, gas hot water heaters, and electrical service. Apartments are both 5 rooms, including two bedrooms, kitchen, dining room, and living room. Additional features include wood floors, and updated bathrooms. The full walk-up attic is great for storage, and offers more potential. Good parking in the rear of the home including a large garage with electricity, and three garage bays. Both apartments are rented for $900 per month with the second floor getting a discount for maintaining the lawn. Tenants pay all their own utilities except water/sewer. Both tenants are month to month status.

Last Agent to Sell the Property

Ryan Smith

Tier 1 Real Estate License #REB.0788682 Listed on: 05/13/2019

Last Buyer's Agent

Kayla Garcia

CENTURY 21 AllPoints Realty License #RES.0808228

CENTURY 21 AllPoints Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,380

Year Built

  • Built in 1929

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 2,376 Sq Ft Home
  • Unfinished Basement
  • Laundry in Basement
  • Walkup Attic

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 3 Car Detached Garage
  • Driveway

Outdoor Features

  • Porch

Schools

  • New Britain High School

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,380

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 2376
  • Public Record Living Room Sq Ft: 2376
  • Total Sq Ft: 2376
  • Year Built: 1929
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 5114
  • Tax Year Updated Dt: 07/29/2019
  • Directions: East St. to Newington Ave. to Market St.
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Walk-up
  • Basement Description: Unfinished
  • Laundry Room Location: Basement
  • Attic: Yes

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 3
  • Driveway Type: Asphalt

Utilities

  • Heat Type: Steam
  • 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

Lot Info

  • Acres: 0.1500
  • Lot Description: Level Lot
  • Zoning: T

Multi Family

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

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 5380
  • Mil Rate Base: 50.500
  • Assessor Parcel Number: 647418

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2019
Closed on
Aug 15, 2019
Sold by
Jalbert Anthony M and Jalbert Noemi
Bought by
Lugo Maria E
Seller's Agent
Ryan Smith
Tier 1 Real Estate
Buyer's Agent
Kayla Garcia
CENTURY 21 AllPoints Realty
List Price
$169,900
Sold Price
$165,000
Premium/Discount to List
-$4,900
-2.88%
Current Estimated Value
$328,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,948
Avg. Annual Appreciation
11.75%
Original Mortgage
$162,011
Outstanding Balance
$141,657
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$187,291

Purchase Details

Closed on
Feb 21, 1991
Sold by
Ambrose Peter and Ambrose James
Bought by
Jalbert Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,000
Interest Rate
8.5%
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
Lugo Maria E $165,000 --
Jalbert Anthony $132,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lugo Maria E $162,011
Previous Owner Jalbert Anthony $131,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2019 08/15/19 Sold $165,000 -2.9% $69 / Sq Ft
07/20/2019 07/20/19 Pending -- -- --
05/13/2019 05/13/19 For Sale $169,900 -- $72 / 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 $6,530 $166,670 $42,210 $124,460
2024 $6,598 $166,670 $42,210 $124,460
2023 $6,380 $166,670 $42,210 $124,460
2022 $5,274 $106,540 $19,460 $87,080
2021 $5,274 $106,540 $19,460 $87,080
2020 $5,380 $106,540 $19,460 $87,080
2019 $5,380 $106,540 $19,460 $87,080
2018 $5,380 $106,540 $19,460 $87,080
2017 $5,246 $103,880 $19,460 $84,420
2016 $5,246 $103,880 $19,460 $84,420
2015 $5,090 $103,880 $19,460 $84,420
2014 $5,090 $103,880 $19,460 $84,420
Source: Public Records

Agents Affiliated with this Home

  • Ryan Smith

    Seller's Agent in 2019

    Ryan Smith

    Tier 1 Real Estate

    (860) 579-6927

    107 Total Sales

    Ryan Smith
    Section Image

  • K

    Buyer's Agent in 2019

    Kayla Garcia

    CENTURY 21 AllPoints Realty

    Section Image
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Map

Source: SmartMLS

MLS Number: 170194495

SmartMLS

APN: NBRI-000007C-000000-A000061

Connecticut Hartford County New Britain 06051

154 Market St, New Britain, CT

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