NOT LISTED FOR SALE

242 Oak St New Britain, CT 06051

Estimated Value: $491,792 - $522,000

9 Beds
3 Baths
3,570 Sq Ft
$141/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $283,000 $79 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $3,276/month

12 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • Level Lot
  • Shed
  • Private Driveway

About This Home

As of February 2020

SPACIOUS, VERY SOLID BRICK AND MASONARY STRUCTURE, THREE FAMILY HOUSE WITH THREE BEDROOMS EACH APT. HARD WOOD FLOORS, EAT IN KITCHENS IN A NICE RESIDENTIAL AREA, GAS HEAT IN THE FIRST AND SECOND APARTMENTS, THE 3RD FL. IS ELECTRIC HEAT, VERY CLEAN, WASHER AND DRIER HOOK UP IN EACH APT. CLOSE TO CCSU, AND HIGHWAYS. YOU VIEW IT YOU LOVE IT.

Last Agent to Sell the Property

Anna Betros

Hardware City Realty, LLC License #REB.0756041 Listed on: 12/20/2019

Last Buyer's Agent

Anna Betros

Hardware City Realty, LLC License #REB.0756041 Listed on: 12/20/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,105

Year Built

  • Built in 1920

Lot Details

  • 7,841 Sq Ft Lot
  • Level Lot

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Stone Frame
  • Flat Tile Roof
  • Masonry Siding
  • Masonry
  • Stone

Interior Spaces

  • 3,570 Sq Ft Home
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Parking

  • Private Driveway
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Shed

Schools

  • New Britain High School

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association
  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,105

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 3570
  • Public Record Living Room Sq Ft: 3570
  • Total Sq Ft: 3570
  • Year Built: 1920
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 5344
  • Directions: STANLEY ST. TO ALLEN ST. TO OAK ST.
  • Special Features: None

Interior Features

  • Total Bedrooms: 9
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Full, Partially Finished
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: No
  • Street Number Modifier: 242

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Off Street Parking, Parking Lot
  • Driveway Type: Private, Paved, Asphalt

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Electric, Natural Gas
  • Fuel Tank Location: In Basement
  • Hot Water Description: 40 Gallon Tank, 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: New Britain

Lot Info

  • Acres: 0.1800
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: T

Multi Family

  • Unit Count: 1
  • Total Multi Family: 15
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 5105
  • Total Assessed Value: 101080
  • Mil Rate Base: 50.500
  • Mil Rate Total: 50.500
  • Assessor Parcel Number: 648446

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2025
Sold by
Al-Braidi Mohamed
Bought by
Al-Braidi Mohamed
Current Estimated Value
$503,948

Purchase Details

Listed on
Dec 20, 2019
Closed on
Feb 26, 2020
Sold by
Vargas Felicia and Rosario Felix
Bought by
Albraidi Mohamed N and Alahwas Mohamed A
Seller's Agent
Anna Betros
Hardware City Realty, LLC
Buyer's Agent
Anna Betros
Hardware City Realty, LLC
List Price
$289,000
Sold Price
$283,000
Premium/Discount to List
-$6,000
-2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.85%
Original Mortgage
$226,400
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 4, 2005
Sold by
Ciosell Olga
Bought by
Vargas Felicia and Rosario Felix

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,600
Interest Rate
5.85%
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
Al-Braidi Mohamed -- --
Albraidi Mohamed N $283,000 None Available
Albraidi Mohamed N $283,000 None Available
Vargas Felicia $222,000 --
Vargas Felicia $222,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Albraidi Mohamed N $226,400
Previous Owner Vargas Felicia $177,600
Previous Owner Vargas Felicia $44,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $283,000 -2.1% $79 / Sq Ft
01/01/2020 01/01/20 Pending -- -- --
12/20/2019 12/20/19 For Sale $289,000 -- $81 / 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 $7,260 $185,290 $36,260 $149,030
2024 $7,336 $185,290 $36,260 $149,030
2023 $7,093 $185,290 $36,260 $149,030
2022 $5,003 $101,080 $12,040 $89,040
2021 $5,003 $101,080 $12,040 $89,040
2020 $5,105 $101,080 $12,040 $89,040
2019 $5,105 $101,080 $12,040 $89,040
2018 $5,105 $101,080 $12,040 $89,040
2017 $4,825 $95,550 $12,530 $83,020
2016 $4,825 $95,550 $12,530 $83,020
2015 $4,682 $95,550 $12,530 $83,020
2014 $4,682 $95,550 $12,530 $83,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170258973

SmartMLS

APN: NBRI-000006B-000000-B000099