NOT LISTED FOR SALE

216 Franklin Ave Hartford, CT 06114

Barry Square Neighborhood

Estimated Value: $374,353 - $473,000

8 Beds
3 Baths
4,056 Sq Ft
$101/Sq Ft Est. Value

Last Sold May 10, 2021

Last sale price $256,000 $63 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,706/month

100 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Public Transportation
  • Renzulli Gifted and Talented Academy Rated A-
  • Covered Deck
  • 2-minute walk to Bond Street Parkette

About This Home

As of May 2021

***Back on market due to buyer being unable to obtain financing*** ATTENTION investors or owner occupants! Fabulous opportunity to own this income producing 3 family home in Hartford's South End! This spacious 3 family home has the possibility of a 4th unit, the building has 4 separate furnaces and electrical services. The first floor 4 bedroom unit has been completely remodeled along with some updates having been made to the other two units. The location is convenient to downtown Hartford, shopping, hospitals, schools, restaurants and more! NOTE - Property WILL go FHA.

Last Agent to Sell the Property

Linda Muraski

Century 21 Classic Homes License #REB.0755870 Listed on: 01/18/2021

Century 21 Classic Homes

Last Buyer's Agent

Daeson Benjamin

Lewis Real Estate Services License #RES.0807723

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,597

Year Built

  • Built in 1900

Lot Details

  • 8,276 Sq Ft Lot
  • Level Lot

Parking

  • On-Street Parking

Home Design

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

Interior Spaces

  • 4,056 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Covered Deck

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop
  • Property is near a golf course

Schools

  • Bulkeley High School

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,597

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 4056
  • Public Record Living Room Sq Ft: 4056
  • Total Sq Ft: 4056
  • Year Built: 1900
  • Nearby Amenities: Basketball Court, Commuter Bus, Golf Course, Playground/Tot Lot, Public Rec Facilities, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Remarks Public Addendum: Property being sold in "as is" condition - Inspections are for informational purposes only. Showings ONLY available on Friday, Saturday or Sunday 1:00-4:00. Listing agent must be present.
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 7260
  • Directions: Franklin Ave.
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Full
  • Laundry Room Location: In Unit
  • Laundry Room Info: Hook-Up In Unit 1, Hook-Up In Unit 2, Hook-Up In Unit 3, Washer/Dryer Some Units
  • Attic: No

Exterior Features

  • Exterior Features: Covered Deck
  • Exterior Siding: Shake
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: On Street Parking

Utilities

  • Heat Type: Baseboard
  • 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

  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.1900
  • Lot Description: Level Lot
  • Zoning: NX-2

Multi Family

  • Unit Count: 3
  • Total Multi Family: 14
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 4597
  • Mil Rate Base: 74.290
  • Assessor Parcel Number: 597250

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: Bulkeley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2021
Sold by
Inniss Gregory
Bought by
Mm & I Industries Llc
Current Estimated Value
$410,338

Purchase Details

Listed on
Jan 18, 2021
Closed on
May 10, 2021
Sold by
2233-2247 Main Street Llc
Bought by
Inniss Gregory
Seller's Agent
Linda Muraski
Century 21 Classic Homes
Buyer's Agent
Daeson Benjamin
Lewis Real Estate Services
List Price
$249,900
Sold Price
$256,000
Premium/Discount to List
$6,100
2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.13%
Original Mortgage
$251,363
Interest Rate
3.1%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 27, 2010
Sold by
Zak Daniel
Bought by
2233-2247 Main Street

Purchase Details

Closed on
Jun 10, 2010
Sold by
Ali Muntaaz
Bought by
Aurora Loan Services L

Purchase Details

Closed on
Jan 17, 2006
Sold by
Inti Apt Llc
Bought by
Ali Muntaaz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
8%

Purchase Details

Closed on
May 17, 1999
Sold by
Reategui Jose
Bought by
Reategai Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,915
Interest Rate
6.92%
Mortgage Type
Commercial
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
Mm & I Industries Llc -- None Available
Inniss Gregory $256,000 None Available
2233-2247 Main Street -- --
Zak Daniel $115,000 --
Aurora Loan Services L -- --
Ali Muntaaz $300,000 --
Reategai Luis $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Inniss Gregory $251,363
Previous Owner Reategai Luis $240,000
Previous Owner Reategai Luis $60,000
Previous Owner Reategai Luis $164,915
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2021 05/10/21 Sold $256,000 +2.4% $63 / Sq Ft
04/28/2021 04/28/21 Pending -- -- --
03/26/2021 03/26/21 Price Changed $249,900 0.0% $62 / Sq Ft
03/26/2021 03/26/21 For Sale $249,900 +4.2% $62 / Sq Ft
01/30/2021 01/30/21 Pending -- -- --
01/18/2021 01/18/21 For Sale $239,900 -- $59 / 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 $6,690 $97,020 $6,248 $90,772
2024 $6,690 $97,020 $6,248 $90,772
2023 $6,690 $97,020 $6,248 $90,772
2022 $4,597 $97,021 $6,248 $90,773
2021 $4,597 $61,880 $8,295 $53,585
2020 $4,597 $61,880 $8,295 $53,585
2019 $4,597 $61,880 $8,295 $53,585
2018 $10,317 $138,880 $15,960 $122,920
2016 $11,461 $154,280 $15,120 $139,160
2015 $10,643 $143,260 $14,040 $129,220
2014 $9,824 $132,240 $12,960 $119,280
Source: Public Records

Agents Affiliated with this Home

  • Linda Muraski

    Seller's Agent in 2021

    Linda Muraski

    Century 21 Classic Homes

    (860) 918-4066

    1 in this area

    78 Total Sales

    Linda Muraski
    Section Image

  • D

    Buyer's Agent in 2021

    Daeson Benjamin

    Lewis Real Estate Services

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Map

Source: SmartMLS

MLS Number: 170366699

SmartMLS

APN: HTFD-000251-000678-000205

Connecticut Hartford County Hartford 06114 Barry Square

216 Franklin Ave, Hartford, CT

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