$350,000
SOLD MAR 11, 2022

172 Columbia St New Britain, CT 06052

5 Beds
3 Baths
3,055 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$115 Per Sq Ft

6% Below List Price

11 Days on Market

Highlights

  • 24-Hour Security
  • 2 Car Detached Garage
  • Patio
  • No HOA
  • Porch
  • Shed

About This Home

As of March 2022

Investors Dream! Great location in New Britain! Don’t miss out on this well maintained, fully rented multifamily property in the West End of town that generates $3,550 per month in rental income. Close to highways, shops, hospital, Walnut Hill Park and many area amenities for ease of access. All units recently updated with custom cabinets and granite countertops with updated bathrooms. First floor has a custom kitchen with pantry, double oven, under cabinet lighting, dishwasher, wine rack and mini-fridge. All closets on the first floor have custom built-ins. All new hot water heaters within the last three years. Electrical was completely updated in 2014. Professionally landscaped home with paver patio and shed with lots of privacy. Detached two car garage with ample off-street parking to accommodate all. Clean basement with two washer and dryer hook ups for all tenants to share. Professional security system installed. Great property to invest in with great tenants.

Last Agent to Sell the Property

Vanessa Puglise

William Raveis Real Estate License #RES.0810258 Listed on: 01/20/2022

William Raveis Real Estate

Last Buyer's Agent

Kaysha Maldonado

RE/MAX RISE License #RES.0816296

RE/MAX RISE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,686

Year Built

  • Built in 1926

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 3,055 Sq Ft Home
  • Ceiling Fan
  • Unfinished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Private Driveway
  • Off-Street Parking

Outdoor Features

  • Patio
  • Shed
  • Porch

Location

  • Flood Zone Lot

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Hot Water Circulator

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Additional Features

  • Gross Income $42,600
  • 24-Hour Security

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,686

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 3055
  • Public Record Living Room Sq Ft: 3055
  • Total Sq Ft: 3055
  • Year Built: 1926
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5282
  • Directions: GPS Friendly
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Unfinished
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: No
  • Street Number Modifier: 172

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Detached Garage, Off Street Parking, Security
  • Garages Number: 2
  • Driveway Type: Private, Asphalt

Utilities

  • Cooling System: Ceiling Fans, Window Unit
  • Heat Type: Hot Water
  • 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

Schools

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

Lot Info

  • Acres: 0.1400
  • Lot Description: Level Lot
  • Elevation Certificate: Yes
  • Flood Zone: Yes
  • Zoning: T

Multi Family

  • Gross Annual Income: 42600
  • Unit Count: 3
  • Total Multi Family: 11
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 5686
  • Total Assessed Value: 114870
  • Mil Rate Base: 49.500
  • Mil Rate Total: 49.500
  • Assessor Parcel Number: 641561

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
Jan 20, 2022
Closed on
Mar 30, 2022
Sold by
Niro Michael
Bought by
Martinez Anthony
Seller's Agent
Vanessa Puglise
William Raveis Real Estate
Buyer's Agent
Kaysha Maldonado
RE/MAX RISE
List Price
$374,000
Sold Price
$350,000
Premium/Discount to List
-$24,000
-6.42%
Current Estimated Value
$424,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,725
Avg. Annual Appreciation
5.63%
Original Mortgage
$262,500
Outstanding Balance
$246,135
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$178,086

Purchase Details

Listed on
Jan 20, 2022
Closed on
Mar 11, 2022
Sold by
Puglise Vanessa N
Bought by
Maisonet Carmen E
Seller's Agent
Vanessa Puglise
William Raveis Real Estate
Buyer's Agent
Kaysha Maldonado
RE/MAX RISE
List Price
$374,000
Sold Price
$350,000
Premium/Discount to List
-$24,000
-6.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Outstanding Balance
$246,135
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$178,086

Purchase Details

Listed on
Apr 23, 2014
Closed on
Aug 8, 2014
Sold by
Mccall Kevin
Bought by
Niro Vanessa
Seller's Agent
Christina Walsh
Coldwell Banker Realty
Buyer's Agent
Daniel Burgio
William Raveis Real Estate
List Price
$169,900
Sold Price
$155,000
Premium/Discount to List
-$14,900
-8.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.31%
Original Mortgage
$152,192
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2003
Sold by
Reade Robert S and Reade Lisa A
Bought by
Mccall Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,174
Interest Rate
5.53%

Purchase Details

Closed on
Apr 3, 1989
Sold by
Bradley Frank E
Bought by
Reade Robert S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,400
Interest Rate
10.63%

Purchase Details

Closed on
Jan 9, 1987
Sold by
Frederick Mark L
Bought by
Bradley Frank E
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 Type Sale Price Title Company
Warranty Deed $315,000 None Available
Warranty Deed $350,000 None Available
Warranty Deed $155,000 --
Warranty Deed $177,000 --
Deed $188,000 --
Deed $170,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $262,500 Purchase Money Mortgage
Previous Owner $134,427 FHA
Previous Owner $152,192 New Conventional
Previous Owner $174,174 No Value Available
Previous Owner $19,100 Small Business Administration
Previous Owner $150,400 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2022 10/13/22 Rented $1,100 0.0% --
10/13/2022 10/13/22 Under Contract -- -- --
09/22/2022 09/22/22 For Rent $1,100 0.0% --
03/11/2022 03/11/22 Sold $350,000 -6.4% $115 / Sq Ft
01/31/2022 01/31/22 Pending -- -- --
01/20/2022 01/20/22 For Sale $374,000 +141.3% $122 / Sq Ft
08/07/2014 08/07/14 Sold $155,000 -8.8% $51 / Sq Ft
06/17/2014 06/17/14 Pending -- -- --
04/23/2014 04/23/14 For Sale $169,900 -- $56 / 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 $8,636 $220,430 $42,910 $177,520
2024 $8,727 $220,430 $42,910 $177,520
2023 $8,438 $220,430 $42,910 $177,520
2022 $5,686 $114,870 $19,740 $95,130
2021 $5,686 $114,870 $19,740 $95,130
2020 $5,801 $114,870 $19,740 $95,130
2019 $5,801 $114,870 $19,740 $95,130
2018 $5,801 $114,870 $19,740 $95,130
2017 $5,394 $106,820 $18,130 $88,690
2016 $5,394 $106,820 $18,130 $88,690
2015 $5,234 $106,820 $18,130 $88,690
2014 $5,234 $106,820 $18,130 $88,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170461769

SmartMLS

APN: NBRI-000008A-000000-D000160