NOT LISTED FOR SALE

Estimated Value: $417,000 - $946,000

18 Beds
6 Baths
7,152 Sq Ft
$86/Sq Ft Est. Value

Last Sold April 21, 2021

Last sale price $1,110,000 $155 Per Sq Ft

Est. 45% decrease in value since last sale

Current estimated payment $4,063/month

176 Days on Market

Highlights

  • 6 Fireplaces
  • Accessible Ramps
  • Smart Lights or Controls
  • No HOA
  • Central Air
  • Level Lot

About This Home

As of April 2021

Rarely available six apartments built in 2019. The property consists of two adjacent three unit structures which will be sold together. All apartments are tastefully designed and consist of three bedrooms, one bathroom, and approximately 1,200 square feet of living space. The floor plan is an open concept, starting with a generous living/dining area with a trey ceiling, recessed lighting, and an electric fireplace. The bathrooms include a double marble vanity and white tile in the shower. The kitchens include black granite counter tops, stainless steel appliances with gas stove, built in microwave, and white subway tile back splash. The apartments on the interior are identical in layout and quality. The 2nd and 3rd floor apartments including a deck off of the kitchen, while the first floor apartments do not. Each unit has its own utilities including central AC, gas furnace, and electric hot water heater. Each unit has a laundry set up in the apartment. The property meets all current fire codes including sprinkler system. The property includes a seven year discount on property taxes with the city of Bristol. Tenants all pay $1,600 per month. The lot includes 14 paved and delineated parking spaces.

Last Agent to Sell the Property

Ryan Smith

Tier 1 Real Estate License #REB.0788682 Listed on: 09/13/2020

Last Buyer's Agent

Kimberly Jaramillo

Berkshire Hathaway NE Prop. License #RES.0816139

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $553

Year Built

  • Built in 2019

Lot Details

  • 8,276 Sq Ft Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 7,152 Sq Ft Home
  • 6 Fireplaces
  • Crawl Space
  • Attic or Crawl Hatchway Insulated
  • Smart Lights or Controls

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 6 Full Bathrooms

Parking

  • 14 Car Garage
  • Handicap Parking
  • Shared Driveway
  • Parking Lot

Accessible Home Design

  • Accessible Ramps
  • Multiple Entries or Exits

Eco-Friendly Details

  • Energy-Efficient Lighting

Schools

  • Bristol Central High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • Gross Income $109,440

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$553

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 7152
  • Public Record Living Room Sq Ft: 2384
  • Total Sq Ft: 7152
  • Year Built: 2019
  • New Construction: Completed/Never Occupied
  • Remarks Public Addendum: To minimize tenant disruption, one unit will be shown to potential buyers and only with an acceptable purchase offer or LOI will additional units be shown.
  • Property Sub Type: 5 Family+
  • Handicap Features: Handicap Parking, Multiple Entries/Exits, Ramps
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 3636
  • Directions: GPS Friendly
  • Special Features: None

Interior Features

  • Total Bedrooms: 18
  • Total Bathrooms: 6.00
  • Full Bathrooms: 6
  • Fireplaces: 6
  • Attic Description: Crawl Space
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: No
  • Home Automation: Lighting
  • Street Number Modifier: 224

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Paved, Parking Lot
  • Garages Number: 14
  • Driveway Type: Shared

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.1900
  • Lot Description: Level Lot
  • Zoning: R-15/R

Multi Family

  • Gross Annual Income: 109440
  • Net Operating Income: 88285
  • Unit Count: 6
  • Total Multi Family: 36
  • Total Num Of Units: 6

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 553
  • Total Assessed Value: 14430
  • Mil Rate Base: 38.350
  • Mil Rate Total: 38.350
  • Assessor Parcel Number: 2693486

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2020
Closed on
Apr 21, 2021
Sold by
Cyr Wesley
Bought by
Kumar Ft
Seller's Agent
Ryan Smith
Tier 1 Real Estate
Buyer's Agent
Kimberly Jaramillo
Berkshire Hathaway NE Prop.
List Price
$1,150,000
Sold Price
$1,110,000
Premium/Discount to List
-$40,000
-3.48%
Current Estimated Value
$613,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$497,000
Avg. Annual Appreciation
-9.42%
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
Kumar Ft $1,110,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2021 04/21/21 Sold $1,110,000 -3.5% $155 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
01/06/2021 01/06/21 For Sale $1,150,000 +3.6% $161 / Sq Ft
11/25/2020 11/25/20 Off Market $1,110,000 -- --
10/26/2020 10/26/20 Price Changed $1,150,000 -4.2% $161 / Sq Ft
09/13/2020 09/13/20 For Sale $1,200,000 -- $168 / 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 $8,974 $265,890 $26,770 $239,120
2024 $8,469 $265,890 $26,770 $239,120
2023 $8,070 $265,890 $26,770 $239,120
2022 $6,625 $172,750 $14,410 $158,340
2021 $6,625 $172,750 $14,410 $158,340
2020 $553 $14,430 $14,410 $20
2019 $537 $14,110 $14,110 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170335719

SmartMLS

APN: 31 220-2