NOT LISTED FOR SALE

Estimated Value: $784,406

2 Beds
-- Bath
5,670 Sq Ft
$138/Sq Ft Est. Value

Last Sold May 11, 2023

Last sale price $675,000 $119 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,885/month

146 Days on Market

Highlights

  • 3 Car Detached Garage
  • Hot Water Circulator
  • 2-minute walk to Bond Street Parkette
  • Renzulli Gifted and Talented Academy Rated A-
  • Hot Water Heating System

About This Home

As of May 2023

252 Franklin Ave offers investors the opportunity to acquire a well maintained turn key 10 unit mixed use on the south end of Hartford. This 5,670 Sqft, 3 floor asset offers 10 units with a mix of 2 studios, 6, 1bed 1bath, and 2 ground floor retail stores. The property has been recently upgraded with a new rubber roof, updated back porch, and replacement vinyl windows. There’s a private driveway with off street parking and a 3 car garage. Tremendous potential to increase rents with unit turnovers.

Last Agent to Sell the Property

Thuyan Tran

Oxford Realty License #REB.0794813 Listed on: 08/29/2022

Oxford Realty

Last Buyer's Agent

Molly Bradbury

Century 21 AllPoints Realty License #RES.0827053

Century 21 AllPoints Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,084

Year Built

  • Built in 1915

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • 3 Car Detached Garage

Home Design

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

Interior Spaces

  • 5,670 Sq Ft Home
  • Partial Basement

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Hot Water Circulator

Community Details

  • 10 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,084

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Neighborhood: South End
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 5670
  • Public Record Living Room Sq Ft: 5670
  • Total Sq Ft: 5670
  • Year Built: 1915
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 8811
  • Directions: turn on Franklin
  • Special Features: None

Interior Features

  • Basement Description: Partial With Hatchway
  • Attic: No
  • Street Number Modifier: 252

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 3

Utilities

  • Heat Type: Hot Water
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

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

Lot Info

  • Acres: 0.1700
  • Lot Description: N/A
  • Zoning: MS-2

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 19084
  • Total Assessed Value: 276780
  • Mil Rate Base: 68.950
  • Mil Rate Total: 68.950
  • Assessor Parcel Number: 597189

Multi Family

  • Total Num Of Units: 10

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2022
Closed on
Apr 26, 2023
Sold by
252 Franklin Realty Llc
Bought by
New Britain Llc
Seller's Agent
Thuyan Tran
Oxford Realty
Buyer's Agent
Molly Bradbury
Century 21 AllPoints Realty
List Price
$699,999
Sold Price
$675,000
Premium/Discount to List
-$24,999
-3.57%
Views
151
Current Estimated Value
$784,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,406
Avg. Annual Appreciation
6.05%
Original Mortgage
$500,000
Outstanding Balance
$489,163
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$281,288

Purchase Details

Closed on
Jan 27, 2022
Sold by
Pham Llc
Bought by
252 Franklin Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
3.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2020
Sold by
Whitebrook Realty Llc
Bought by
Pham Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Interest Rate
3.4%
Mortgage Type
New Conventional
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
New Britain Llc $675,000 None Available
252 Franklin Realty Llc $550,000 None Available
Pham Llc $215,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open New Britain Llc $500,000
Previous Owner 252 Franklin Realty Llc $490,000
Previous Owner Pham Llc $161,250
Previous Owner Whitebrook Realty Llc $183,698
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2023 05/11/23 Sold $675,000 -3.6% $119 / Sq Ft
01/31/2023 01/31/23 For Sale $699,999 0.0% $123 / Sq Ft
01/22/2023 01/22/23 Pending -- -- --
12/19/2022 12/19/22 Price Changed $699,999 -3.4% $123 / Sq Ft
10/24/2022 10/24/22 For Sale $725,000 0.0% $128 / Sq Ft
10/09/2022 10/09/22 Pending -- -- --
10/06/2022 10/06/22 For Sale $725,000 0.0% $128 / Sq Ft
09/21/2022 09/21/22 Pending -- -- --
08/29/2022 08/29/22 For Sale $725,000 -- $128 / 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 $19,084 $276,780 $39,900 $236,880
2023 $19,084 $276,780 $39,900 $236,880
2022 $19,084 $276,780 $39,900 $236,880
2021 $11,961 $161,000 $39,900 $121,100
2020 $11,961 $161,000 $39,900 $121,100
2019 $11,961 $161,000 $39,900 $121,100
2018 $11,961 $161,000 $39,900 $121,100
2016 $11,825 $159,180 $37,800 $121,380
2015 $10,981 $147,810 $35,100 $112,710
2014 $10,136 $136,440 $32,400 $104,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170519883

SmartMLS

APN: HTFD-000251-000679-000239