NOT LISTED FOR SALE

242 Main St Unit 14 New Britain, CT 06051

Estimated Value: $64,000 - $90,000

1 Bed
1 Bath
471 Sq Ft
$162/Sq Ft Est. Value

Last Sold March 24, 2023

Last sale price $900,000 $1,911 Per Sq Ft

Current estimated payment $544/month

34 Days on Market

Highlights

  • City View
  • Central Air
  • 2-minute walk to New Britain Parks & Recreation

About This Home

As of March 2023

Own your piece of Downtown New Britain with 12 Condos plus storefront. Can also run the Condo Association. Very clean and solid building all up to code with the City, new elevator pump, sprinkler system up to code, fire panel fully updated and up to code. Minimal cosmetic updates can turn this 4 story brick commercial property into a gem ! Parking garage is available through the City for a monthly fee.

Last Agent to Sell the Property

Eugene Kirouac

Premier Re Group LLC License #RES.0364752 Listed on: 12/16/2022

Last Buyer's Agent

Joshua Burns

Coldwell Banker Realty License #RES.0813671

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,733

Year Built

  • Built in 1880

Lot Details

  • 0.34 Acre Lot

Parking

  • On-Street Parking

Home Design

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

Interior Spaces

  • 471 Sq Ft Home
  • City Views

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Property has a Home Owners Association
  • 13 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,733

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 471
  • Public Record Living Room Sq Ft: 471
  • Total Sq Ft: 471
  • Year Built: 1880
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 471
  • Directions: GPS friendly
  • Special Features: None

Interior Features

  • Basement Description: Full With Walk-Out
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: No
  • Street Number Modifier: 242

Exterior Features

  • Exterior Siding: Brick
  • Foundation Type: Concrete
  • Roof Information: Flat
  • Swimming Pool: No
  • Construction Description: Frame, Brick

Garage/Parking

  • Garage Parking Info: On Street Parking

Utilities

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

Condo/Co-op/Association

  • HOA: Yes

Schools

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

Lot Info

  • Acres: 0.3400
  • Lot Description: City Views
  • Zoning: CBD

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 1733
  • Total Assessed Value: 35000
  • Mil Rate Base: 49.500
  • Mil Rate Total: 49.500
  • Assessor Parcel Number: 2178775

Multi Family

  • Total Num Of Units: 13

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
Sep 17, 2019
Sold by
Colon Alexander
Bought by
Rutkowski Property Mgmt
Total Days on Market
34
Current Estimated Value
$76,333

Purchase Details

Closed on
Nov 7, 2017
Sold by
Perez Jorge
Bought by
Colon Alexander

Purchase Details

Closed on
Apr 18, 2017
Sold by
Arroyo Maria
Bought by
Colon Alexander

Purchase Details

Closed on
Feb 5, 2003
Sold by
Valle Luis M
Bought by
Perez Jorge

Purchase Details

Closed on
Oct 21, 2002
Sold by
W Central Ent Inc
Bought by
-Beckington Clive

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.59%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Rutkowski Property Mgmt $140,000 --
Colon Alexander $35,000 --
Colon Alexander $90,000 --
Perez Jorge $20,000 --
-Beckington Clive $329,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Colon Alexander $42,000
Previous Owner Colon Alexander $42,000
Previous Owner -Beckington Clive $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2023 03/24/23 Sold $900,000 -4.8% $1,911 / Sq Ft
01/19/2023 01/19/23 Pending -- -- --
01/14/2023 01/14/23 Price Changed $945,000 -5.5% $2,006 / Sq Ft
01/02/2023 01/02/23 For Sale $1,000,000 0.0% $2,123 / Sq Ft
12/19/2022 12/19/22 Pending -- -- --
12/16/2022 12/16/22 For Sale $1,000,000 -- $2,123 / 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 $1,400 $35,350 $0 $35,350
2023 $1,353 $35,350 $0 $35,350
2022 $1,733 $35,000 $0 $35,000
2021 $1,733 $35,000 $0 $35,000
2020 $1,768 $35,000 $0 $35,000
2019 $2,163 $42,840 $0 $42,840
2018 $2,163 $42,840 $0 $42,840
2017 $781 $15,470 $0 $15,470
2016 $781 $15,470 $0 $15,470
2015 $758 $15,470 $0 $15,470
2014 $758 $15,470 $0 $15,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170540882

SmartMLS

APN: NBRI-000008B-C000091-000014