24 Newman St Manchester, CT 06040
Center NeighborhoodEstimated Value: $420,690 - $447,000
5
Beds
3
Baths
3,189
Sq Ft
$136/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Corner Lot
- Floor Furnace
- Attic
- No HOA
- Heating System Uses Steam
About This Home
As of November 202024-26 Newman is a 3-unit multi-family conveniently located in central Manchester. It sits on a quiet corner lot right across from a beautiful park. Two of the units are rented at $775 and $780/month, respectively. The third and largest unit is a spacious 3-bedroom with an open floor plan and is very bright and sunny. The tenants have been there long-term and are quality tenants in terms of being quiet, tidy, and have a history of completely on-time rental payments. The home is in excellent structural, mechanical and cosmetic condition. The home received a substantial lead-abatement grant from the Town of Manchester in 1996 that was used to completely contain or remove as necessary any lead paint and also to perform many safety and structural upgrades. Each unit has its own meter and separate utilities. The 3-bedroom unit can be shown as log-and-go, the units with tenants can be shown upon 2nd showing and on tenants’ schedules. Call today to schedule your own showing as 24 Newman is a terrific investment as a cash-producing property or owner-occupied home with the tenants paying the a good chunk if not all of the costs to finance.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,221
Year Built
- Built in 1904
Lot Details
- 7,841 Sq Ft Lot
- Corner Lot
- Level Lot
Home Design
- Side-by-Side
- Brick Foundation
- Stone Foundation
- Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 3,189 Sq Ft Home
- Concrete Flooring
Attic
- Attic Floors
- Walkup Attic
Basement
- Interior Basement Entry
- Basement Storage
Parking
- Private Driveway
- Paved Parking
- Off-Street Parking
Location
- Property is near public transit
- Property is near shops
- Property is near a golf course
Schools
- Manchester High School
Utilities
- Window Unit Cooling System
- Floor Furnace
- Heating System Uses Steam
- Gas Available at Street
Community Details
- No Home Owners Association
- 3 Units
Listing and Financial Details
- Exclusions: See Inclusions Exclusions Rider
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 18, 2024
Sold by
Capozziello Amy
Bought by
Ali Zoya
Total Days on Market
32
Current Estimated Value
Purchase Details
Listed on
Oct 16, 2020
Closed on
Nov 23, 2020
Sold by
Bousfield James R
Bought by
Capozziello Amy
Seller's Agent
Kevin Rockoff
Rockoff Realty
Buyer's Agent
Scott Hollister
eXp Realty
List Price
$299,000
Sold Price
$313,000
Premium/Discount to List
$14,000
4.68%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.55%
Original Mortgage
$291,650
Interest Rate
2.8%
Mortgage Type
Balloon
Purchase Details
Closed on
Apr 9, 2013
Sold by
Bousfield Virginia L
Bought by
Bousfield James R
Purchase Details
Closed on
Jun 27, 1996
Sold by
Bousfield John Est
Bought by
Bousfield James R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,500
Interest Rate
8.05%
Mortgage Type
Unknown
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ali Zoya | $415,000 | None Available | |
| Ali Zoya | $415,000 | None Available | |
| Capozziello Amy | -- | None Available | |
| Capozziello Amy | -- | None Available | |
| Capozziello Amy | -- | None Available | |
| Bousfield James R | -- | -- | |
| Bousfield James R | -- | -- | |
| Bousfield James R | $17,500 | -- | |
| Bousfield James R | $17,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Capozziello Amy | $291,650 | |
| Previous Owner | Capozziello Amy | $291,650 | |
| Previous Owner | Bousfield James R | $14,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/24/2020 11/24/20 | Sold | $313,000 | +4.7% | $98 / Sq Ft |
| 10/16/2020 10/16/20 | For Sale | $299,000 | 0.0% | $94 / Sq Ft |
| 05/19/2015 05/19/15 | Rented | $700 | 0.0% | -- |
| 05/19/2015 05/19/15 | Under Contract | -- | -- | -- |
| 04/28/2015 04/28/15 | For Rent | $700 | -- | -- |
Source: SmartMLS
Tax History Compared to Growth
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 | $8,146 | $210,600 | $22,100 | $188,500 |
| 2023 | $7,834 | $210,600 | $22,100 | $188,500 |
| 2022 | $7,607 | $210,600 | $22,100 | $188,500 |
| 2021 | $5,229 | $124,700 | $22,100 | $102,600 |
| 2020 | $5,221 | $124,700 | $22,100 | $102,600 |
| 2019 | $5,200 | $124,700 | $22,100 | $102,600 |
| 2018 | $5,101 | $124,700 | $22,100 | $102,600 |
| 2017 | $4,957 | $124,700 | $22,100 | $102,600 |
| 2016 | $4,436 | $111,800 | $28,400 | $83,400 |
| 2015 | $4,405 | $111,800 | $28,400 | $83,400 |
| 2014 | $4,321 | $111,800 | $28,400 | $83,400 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin Rockoff
Seller's Agent in 2020
Kevin Rockoff
Rockoff Realty
(860) 882-9598
3 in this area
281 Total Sales
-
Scott Hollister
Buyer's Agent in 2020
Scott Hollister
eXp Realty
(860) 869-2842
4 in this area
75 Total Sales
-
Vincent Diana
Seller's Agent in 2015
Vincent Diana
William Raveis Real Estate
(860) 490-2918
15 in this area
341 Total Sales
Map
Source: SmartMLS
MLS Number: 170347230
APN: MANC-000078-004100-000024
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