NOT LISTED FOR SALE

225 Mill St New Britain, CT 06051

Estimated Value: $396,000 - $471,000

6 Beds
3 Baths
3,040 Sq Ft
$145/Sq Ft Est. Value

Last Sold April 16, 2025

Last sale price $434,000 $143 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,927/month

100 Days on Market

About This Home

As of April 2025

Take advantage of this rare chance to acquire a multi-unit property that combines spaciousness and flexibility. Whether you're interested in living in one unit and renting out the rest or fully investing, this is a prime opportunity. Each unit provides generous living space and bedrooms, making it perfect for generating consistent rental income. This is a smart, strategic move in property ownership. Don't miss out on this exceptional investment! Agent /Owner Relationship

Last Agent to Sell the Property

Yvonne Bailey

I'Lann Realty, LLC License #REB.0794372 Listed on: 12/10/2024

Last Buyer's Agent

Daswell Jones

Coldwell Banker Realty License #RES.0822699

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,596

Year Built

  • Built in 1810

Lot Details

  • 0.29 Acre Lot

Home Design

  • Gable Roof Shape
  • Concrete Foundation
  • Aluminum Siding
  • Concrete Siding

Interior Spaces

  • 3,040 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 647805

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,596

Year Built

Built in 1810

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 3040
  • Total Sq Ft: 3040
  • Year Built: 1810
  • New Construction: No/Resale
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Directions: GPS to 225 Mill Street, New Britain CT
  • Financing Used: FHA
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement Description: Full
  • Attic: No

Exterior Features

  • Exterior Siding: Aluminum
  • Foundation Type: Concrete
  • Roof Information: Gable
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Concrete

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: Window Unit
  • Heat Type: Gas on Gas
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.29
  • Lot Description: N/A
  • Zoning: T
  • Parcel #: 647805

Multi Family

  • Total Number Of Units: 3

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 7596

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2024
Closed on
Apr 16, 2025
Sold by
Abundant Prop & Invs Llc
Bought by
Parisse Chloe K and Mentor Lovely
Seller's Agent
Yvonne Bailey
I'Lann Realty, LLC
Buyer's Agent
Daswell Jones
Coldwell Banker Realty
List Price
$425,000
Sold Price
$434,000
Premium/Discount to List
$9,000
2.12%
Views
132
Current Estimated Value
$440,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,442
Avg. Annual Appreciation
2.13%
Original Mortgage
$412,300
Outstanding Balance
$409,714
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$30,728

Purchase Details

Listed on
Dec 21, 2022
Closed on
Jan 27, 2023
Sold by
Bd Asset Co 5 Llc
Bought by
Abundant Prop & Invs Llc
Seller's Agent
Mike Zelman
LPT Realty - IConn Team
Buyer's Agent
Yvonne Bailey
I'Lann Realty, LLC
List Price
$250,000
Sold Price
$240,000
Premium/Discount to List
-$10,000
-4%
Views
278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.58%
Original Mortgage
$255,500
Interest Rate
6.31%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 4, 2020
Sold by
Burritt Keith W
Bought by
Bd Asset Co 5 Llc

Purchase Details

Closed on
May 16, 2008
Sold by
Pinnacle Fncl Svc Llc
Bought by
Burritt Keith W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8%

Purchase Details

Closed on
Apr 24, 2008
Sold by
Kulig Joseph F and Kulig Maria B
Bought by
Pinnacle Finance Svc L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8%

Purchase Details

Closed on
May 23, 2007
Sold by
Brysgel Gary W
Bought by
Kulig Joseph F

Purchase Details

Closed on
Jun 2, 2003
Sold by
Dansereau Jack M and Dansereau Frances M
Bought by
Brysgel Gary W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Parisse Chloe K $434,000 None Available
Parisse Chloe K $434,000 None Available
Abundant Prop & Invs Llc $250,000 None Available
Abundant Prop & Invs Llc $250,000 None Available
Bd Asset Co 5 Llc $125,000 None Available
Bd Asset Co 5 Llc $125,000 None Available
Burritt Keith W $180,000 --
Burritt Keith W $180,000 --
Pinnacle Finance Svc L $165,000 --
Pinnacle Finance Svc L $165,000 --
Kulig Joseph F $180,000 --
Kulig Joseph F $180,000 --
Brysgel Gary W $132,600 --
Brysgel Gary W $132,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parisse Chloe K $412,300
Closed Parisse Chloe K $412,300
Previous Owner Abundant Prop & Invs Llc $255,500
Previous Owner Brysgel Gary W $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/16/2025 04/16/25 Sold $434,000 +4.6% $143 / Sq Ft
03/20/2025 03/20/25 Pending -- -- --
01/31/2025 01/31/25 Price Changed $414,900 -2.4% $136 / Sq Ft
12/10/2024 12/10/24 For Sale $425,000 +77.1% $140 / Sq Ft
01/27/2023 01/27/23 Sold $240,000 -4.0% $79 / Sq Ft View Prior Sale
01/19/2023 01/19/23 Pending -- -- --
12/21/2022 12/21/22 For Sale $250,000 -- $82 / 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 $7,517 $191,870 $40,740 $151,130
2024 $7,596 $191,870 $40,740 $151,130
2023 $7,345 $191,870 $40,740 $151,130
2022 $5,104 $103,110 $18,760 $84,350
2021 $5,104 $103,110 $18,760 $84,350
2020 $5,207 $103,110 $18,760 $84,350
2019 $5,207 $103,110 $18,760 $84,350
2018 $5,207 $103,110 $18,760 $84,350
2017 $4,843 $95,900 $17,220 $78,680
2016 $4,843 $95,900 $17,220 $78,680
2015 $4,699 $95,900 $17,220 $78,680
2014 $4,699 $95,900 $17,220 $78,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24063711

SmartMLS

APN: NBRI-000010C-000000-C000003