$389,500
SOLD OCT 30, 2024 RENTED DEC 23, 2024

161 Pennsylvania Ave New Britain, CT 06052

6 Beds
2.5 Baths
2,112 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$184 Per Sq Ft

18% Above List Price

4 Days on Market

Highlights

  • Property is near public transit
  • Patio
  • Shed
  • Attic
  • Public Transportation
  • Hot Water Circulator

About This Home

As of October 2024

Welcome to a fantastic side-by-side duplex, perfectly designed for modern living and comfort. Each unit boasts three bedrooms, offering ample space for families or roommates. Unit 1 is immaculate and greets you with the convenience of a main-floor laundry room, making chores a breeze. It also features a well-appointed bathroom, catering to your everyday needs. Unit 2 has an additional half-bathroom and laundry hookups in the basement, adding extra functionality and flexibility to your living space. Both units underwent a stylish remodel in 2021, with new kitchens, appliances, and hot water heaters (still under warranty). Enjoy the ease of brand-new appliances and the peace of mind that comes with updated electrical panels. The full walk-out, heated, shared basement provides valuable extra space, perfect for storage or recreational use. The property is beautifully maintained, showcasing newer exterior and storm doors, and each unit benefits from a private driveway, ensuring convenience and privacy. Whether you're an investor or looking for a multi-generational living arrangement, this duplex provides the perfect blend of modern amenities and classic charm. The tenant in Unit 2 has been in place for over 10 years but will be moving soon. Unit 1 has been owner-occupied and will be unoccupied upon closing.

Last Agent to Sell the Property

Kristine Wayman

Signature Properties of NewEng License #RES.0825155 Listed on: 09/13/2024

Last Buyer's Agent

Amy Rio

Executive Real Estate Inc. License #REB.0788717

Executive Real Estate Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,770

Year Built

  • Built in 1942

Lot Details

  • 7,841 Sq Ft Lot
  • Level Lot

Home Design

  • Side-by-Side
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,112 Sq Ft Home
  • Walkup Attic

Bedrooms and Bathrooms

  • 6 Bedrooms

Basement

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

Outdoor Features

  • Patio
  • Shed
  • Rain Gutters

Location

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

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Oil
  • Hot Water Circulator
  • Fuel Tank Located in Basement

Community Details

  • 2 Units
  • Public Transportation
  • Gross Income $13,200

Listing and Financial Details

  • Assessor Parcel Number 649027

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,770

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 2112
  • Total Sq Ft: 2112
  • Year Built: 1942
  • New Construction: No/Resale
  • Nearby Amenities: Park, Public Transportation, Walk to Bus Lines
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: GPS friendly
  • Financing Used: Conventional Fixed
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Attic Description: Walk-up
  • Basement Description: Full, Heated, Shared Basement, Full With Walk-Out
  • Laundry Room Location: main level and basement
  • Laundry Room Info: Basement Hook-Up(s), Hook-Up In Unit 1
  • Attic: Yes
  • Street Number Modifier: 161

Exterior Features

  • Exterior Features: Shed, Gutters, Patio
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: Window Unit
  • Heat Type: Hot Air, Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Natural Gas, 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer In Street

Schools

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

Lot Info

  • Acres: 0.18
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: T
  • Parcel #: 649027

Multi Family

  • Gross Annual Income: 13200
  • Net Operating Income: 10869
  • Total Number Of Units: 2

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 6770
  • Total Assessed Value: 171010
  • Mil Rate Total: 39.59

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
Sep 13, 2024
Closed on
Oct 22, 2024
Sold by
Rivera Juan A
Bought by
Feiz Majid and Kahzie Rana
Seller's Agent
Kristine Wayman
Signature Properties of NewEng
Buyer's Agent
Amy Rio
Executive Real Estate Inc.
List Price
$330,000
Sold Price
$389,500
Premium/Discount to List
$59,500
18.03%
Views
116
Current Estimated Value
$358,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,041
Avg. Annual Appreciation
-21.63%
Original Mortgage
$279,000
Outstanding Balance
$276,507
Interest Rate
6.12%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$43,202

Purchase Details

Closed on
Sep 11, 1998
Sold by
Tobin Robert J and Tobin Marian Y
Bought by
Rivera Juan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,300
Interest Rate
12%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed $87,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $279,000 Stand Alone Refi Refinance Of Original Loan
Closed $279,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $139,300 No Value Available
Previous Owner $78,300 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2024 12/23/24 Rented $2,100 0.0% --
12/19/2024 12/19/24 For Rent $2,100 0.0% --
12/17/2024 12/17/24 Under Contract -- -- --
10/31/2024 10/31/24 For Rent $2,100 0.0% --
10/30/2024 10/30/24 Sold $389,500 +18.0% $184 / Sq Ft
09/25/2024 09/25/24 Pending -- -- --
09/20/2024 09/20/24 For Sale $330,000 -- $156 / 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 $6,700 $171,010 $39,200 $131,810
2024 $6,770 $171,010 $39,200 $131,810
2023 $6,546 $171,010 $39,200 $131,810
2022 $5,447 $110,040 $18,060 $91,980
2021 $5,447 $110,040 $18,060 $91,980
2020 $5,557 $110,040 $18,060 $91,980
2019 $5,557 $110,040 $18,060 $91,980
2018 $5,557 $110,040 $18,060 $91,980
2017 $4,673 $92,540 $18,410 $74,130
2016 $4,673 $92,540 $18,410 $74,130
2015 $4,534 $92,540 $18,410 $74,130
2014 $4,534 $92,540 $18,410 $74,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24046628

SmartMLS

APN: NBRI-000004D-000000-F000119