NOT LISTED FOR SALE

242 High St New Britain, CT 06051

Estimated Value: $573,250

12 Beds
6 Baths
7,918 Sq Ft
$72/Sq Ft Est. Value

Last Sold October 20, 2020

Last sale price $399,900 $51 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $4,581/month

3 Days on Market

Highlights

  • Property is near public transit
  • Public Transportation
  • Level Lot
  • No HOA
  • Baseboard Heating

About This Home

As of October 2020

10 Units. Property consists of a Brick 6 unit building with 4 rooms/2 bedroom apartments and a vinyl sided 4 unit building with 3 rooms/1 bedroom apartments. Monthly rental total on 6 unit building is $3750. Monthly Rental on the 4 unit is $500, $500, $475 and $475. All are month to month. Both building are fully rented. Good investment!!

Last Listed By

Ted Zuk

Homes Plus of Connecticut License #REB.0748901 Listed on: 08/17/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,167

Year Built

  • Built in 1900

Lot Details

  • 0.25 Acre Lot
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding
  • Masonry Siding
  • Vinyl Siding

Interior Spaces

  • 7,918 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Location

  • Property is near public transit

Schools

  • New Britain High School

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 10 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,167

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 7918
  • Total Sq Ft: 7918
  • Year Built: 1900
  • Nearby Amenities: Basketball Court, Library, Medical Facilities, Park, Public Transportation
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Directions: High St Between Broad and Carmody
  • Special Features: None

Interior Features

  • Total Bedrooms: 12
  • Total Bathrooms: 6.00
  • Full Bathrooms: 6
  • Basement Description: Full
  • Attic: No
  • Street Number Modifier: 242

Exterior Features

  • Exterior Siding: Vinyl Siding, Aluminum, Brick
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame, Brick

Garage/Parking

  • Garage Parking Info: Off Street Parking

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Electric, Natural Gas
  • Hot Water Description: 30 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.2500
  • Lot Description: Level Lot
  • Zoning: A2

Multi Family

  • Unit Count: 6
  • Total Multi Family: 24
  • Total Num Of Units: 10

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 12167
  • Total Assessed Value: 240940
  • Mil Rate Base: 50.500
  • Mil Rate Total: 50.500
  • Assessor Parcel Number: 645158

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2020
Closed on
Oct 19, 2020
Sold by
T & L Assoc
Bought by
Brass River Holdings Llc
Seller's Agent
Ted Zuk
Homes Plus of Connecticut
Buyer's Agent
Ted Zuk
Homes Plus of Connecticut
List Price
$399,900
Sold Price
$399,900
Total Days on Market
3
Current Estimated Value
$573,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,350
Original Mortgage
$320,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Range of Values:

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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
Brass River Holdings Llc $399,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brass River Holdings Llc $431,250
Closed Brass River Holdings Llc $318,750
Closed Brass River Holdings Llc $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2020 10/20/20 Sold $399,900 0.0% $51 / Sq Ft
08/20/2020 08/20/20 Pending -- -- --
08/17/2020 08/17/20 For Sale $399,900 -- $51 / 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 $16,639 $420,280 $50,890 $369,390
2023 $16,088 $420,280 $50,890 $369,390
2022 $11,927 $240,940 $16,870 $224,070
2021 $11,927 $240,940 $16,870 $224,070
2020 $12,167 $240,940 $16,870 $224,070
2019 $12,167 $240,940 $16,870 $224,070
2018 $12,167 $240,940 $16,870 $224,070
2017 $10,640 $210,700 $17,570 $193,130
2016 $10,640 $210,700 $17,570 $193,130
2015 $10,324 $210,700 $17,570 $193,130
2014 $10,324 $210,700 $17,570 $193,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170327804

SmartMLS

APN: NBRI-000006C-000000-C000096