NOT LISTED FOR SALE

229 Franklin Ave Hartford, CT 06114

Barry Square Neighborhood

Estimated Value: $231,627

2 Beds
1 Bath
5,248 Sq Ft
$44/Sq Ft Est. Value

Last Sold July 31, 2019

Last sale price $450,000 $86 Per Sq Ft

Est. 49% decrease in value since last sale

Current estimated payment $1,279/month

249 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Porch
  • Renzulli Gifted and Talented Academy Rated A-
  • Thermal Windows
  • 1-minute walk to Bond Street Parkette

About This Home

As of July 2019

This is a beautiful 6 unit condo status opportunity in the south end with 100% occupancy and an 7+% CAP rate. There are (6) 2 bed/1 bath apartments. The property benefits from condo status and lower taxes. The building features: a brick exterior, great curb appeal, 2-years-old flat rubber roof w/25 year warranty, replacement windows, separate and tenant paid utilities (gas H & HW) and updated electrical with sub panels in each unit. The unit interiors feature: large/open floor plans, hardwood floors throughout, LR/DR and EIK areas, kitchens w/dishwashers, stacked laundry in each unit, interior exposed brick, foyer coat closets + remodeled kitchens and bath rooms. There is off street-parking available. Truly turn-key investment opportunity with full occupancy in the south end.

Last Agent to Sell the Property

Amanda Sheehan

Oxford Realty License #REB.0795097 Listed on: 10/05/2018

Oxford Realty

Last Buyer's Agent

Vasel Dedvukaj

Lakeshore Realty License #REB.0790752

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,784

Year Built

  • Built in 1988

Lot Details

  • 8,712 Sq Ft Lot
  • Corner Lot

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Brick Foundation
  • Flat Tile Roof
  • Masonry Siding
  • Masonry

Interior Spaces

  • 5,248 Sq Ft Home
  • Thermal Windows
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Porch

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 6 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,784

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Neighborhood: Barry Square
  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Sq Ft Est Heated Above Grade: 5248
  • Public Record Living Room Sq Ft: 969
  • Total Sq Ft: 5248
  • Year Built: 1988
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 969
  • Tax Year Updated Dt: 07/29/2019
  • Directions: Corner of Franklin Ave - Between Bond & Whitmore St
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement Description: Full, Unfinished
  • Laundry Room Info: Washer/Dryer All Units
  • Attic: No
  • Street Number Modifier: 229

Exterior Features

  • Exterior Features: Porch, Sidewalk
  • Exterior Siding: Brick
  • Foundation Type: Brick, Masonry
  • Roof Information: Flat
  • Swimming Pool: No
  • Construction Description: Brick

Garage/Parking

  • Garage Parking Info: Paved, Off Street Parking
  • Driveway Type: Paved

Utilities

  • Cooling System: Window Unit
  • 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

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

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.2000
  • Lot Description: Corner Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: NX-2

Multi Family

  • Unit Count: 6
  • Total Multi Family: 4
  • Total Num Of Units: 6

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 1784
  • Total Assessed Value: 24012
  • Mil Rate Base: 74.290
  • Mil Rate Total: 74.290
  • Assessor Parcel Number: 595168

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2022
Sold by
229-231 Franklin St Llc
Bought by
Jj 229 Franklin Llc
Current Estimated Value
$231,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,750
Outstanding Balance
$384,236
Interest Rate
6.94%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$153,739

Purchase Details

Closed on
Aug 5, 2010
Sold by
Citino Joseph
Bought by
Citino Laurel

Purchase Details

Closed on
Jan 14, 1993
Sold by
Saba George
Bought by
Ortiz Elvira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
8.3%
Mortgage Type
Purchase Money Mortgage
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
Jj 229 Franklin Llc $570,000 None Available
Citino Laurel -- --
Citino Laurel -- --
Ortiz Elvira $55,000 --
Ortiz Elvira $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jj 229 Franklin Llc $393,750
Previous Owner Cilia Rose Maria $44,000
Previous Owner Cilia Rose Maria $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2019 07/31/19 Sold $450,000 0.0% $86 / Sq Ft
06/11/2019 06/11/19 Pending -- -- --
04/05/2019 04/05/19 Price Changed $450,000 +3.4% $86 / Sq Ft
03/18/2019 03/18/19 Price Changed $435,000 -9.4% $83 / Sq Ft
10/05/2018 10/05/18 For Sale $480,000 -- $91 / 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
2024 -- $0 $0 $0
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2018 $0 $0 $0 $0
2016 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Amanda Sheehan

    Seller's Agent in 2019

    Amanda Sheehan

    Oxford Realty

    (203) 314-4219

    9 in this area

    172 Total Sales

    Section Image
  • Vasel Dedvukaj

    Buyer's Agent in 2019

    Vasel Dedvukaj

    Lakeshore Realty

    (203) 914-5895

    3 Total Sales

    Section Image
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Map

Source: SmartMLS

MLS Number: 170130979

SmartMLS

APN: HTFD-000999-000999-000137

Connecticut Hartford County Hartford 06114 Barry Square

229 Franklin Ave, Hartford, CT

This home is located at 229 Franklin Ave, Hartford, CT 06114 since 05 October 2018 and is currently estimated at $231,627, approximately $44 per square foot. This property was built in 1988. 229 Franklin Ave is a home located in Hartford County with nearby schools including M. D. Fox School, Asian Studies School At Dwight/Belizzi School, and Dr. James H Naylor/Ccsu Leadership Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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