NOT LISTED FOR SALE

261 Burnside Ave East Hartford, CT 06108

Estimated Value: $46,103

0.22 Acre
$209,559 Price per Acre
9,583 Sq Ft Lot

Last Sold April 18, 2024

Last sale price $40,000

Est. 15% increase in value since last sale

Current estimated payment $324/month

156 Days on Market

About This Lot

As of April 2024

This Approved Level Lot Is Situated On A Busy & Convenient Main Street Near Downtown East Hartford. Great For An Investment Opportunity. Approved For A Business Building, B-1 Zone. Public Water & Sewer Available.

Last Agent to Sell the Property

Craig Ings

Hill Top Real Estate, LLC License #REB.0758540 Listed on: 11/14/2023

Last Buyer's Agent

Miguel Franco

Franco Realty Group, LLC License #REB.0757085

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $875

Lot Details

  • 9,583 Sq Ft Lot
  • Property is zoned B-1

Schools

  • East Hartford High School

Utilities

  • Gas Available

Listing and Financial Details

  • Assessor Parcel Number 2287223

Property Details

Property Type

Land

Est. Annual Taxes

$875

Lot Details

0

Listing Details

  • Neighborhood: Burnside
  • Property Type: Lots and Land For Sale
  • New Construction: No/Resale
  • Property Sub Type: Commercial Land
  • Direct Waterfront: No
  • Directions: Main St To Burnside Ave
  • Financing Used: Cash
  • Spec Assoc Asses: No
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Street Number Modifier: 261

Exterior Features

  • Waterfront Description: Not Applicable
  • Road Frontage Description: Municipal Street, Paved Road
  • Road Frontage Approximate: 60

Utilities

  • Water Source: Public Water In Street
  • Sewer: Public Sewer In Street
  • Utilities Available: Electric, Gas
  • Septic Approval: No
  • Septic Plan Available: No

Schools

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

Lot Info

  • Acres: 0.22
  • Lot Description: Open Lot Level Lot Lightly Wooded
  • Lot Improvements: Approved Building Lot
  • Lots Number Of: 1
  • Zoning: B-1
  • Parcel #: 2287223

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 875
  • Total Assessed Value: 20570
  • Mil Rate Total: 42.54

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2023
Closed on
Mar 25, 2024
Sold by
Eckhardt Holdings Llc
Bought by
Franco Miguel
Seller's Agent
Craig Ings
Hill Top Real Estate, LLC
Buyer's Agent
Miguel Franco
Franco Realty Group, LLC
List Price
$59,900
Sold Price
$40,000
Premium/Discount to List
-$19,900
-33.22%
Views
286
Current Estimated Value
$46,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,103
Avg. Annual Appreciation
10.07%

Purchase Details

Closed on
Mar 7, 2023
Sold by
Richards Prop Svcs Llc
Bought by
Eckhardt Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,500
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 21, 2018
Sold by
Martinez Hipolito
Bought by
Richards Properties Ll

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 30, 2016
Closed on
Jan 27, 2017
Sold by
Generosa Mendez 2008 R and Generosa Mendez
Bought by
Martinez Hipolito
Seller's Agent
Yola Feery
Berkshire Hathaway NE Prop.
Buyer's Agent
Yola Feery
Berkshire Hathaway NE Prop.
List Price
$15,000
Sold Price
$9,000
Premium/Discount to List
-$6,000
-40%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.66%
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
Franco Miguel $40,000 None Available
Franco Miguel $40,000 None Available
Eckhardt Holdings Llc $60,000 None Available
Eckhardt Holdings Llc $60,000 None Available
Richards Properties Ll $15,000 --
Richards Properties Ll $15,000 --
Martinez Hipolito $9,000 --
Martinez Hipolito $9,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Eckhardt Holdings Llc $276,500
Previous Owner Richards Properties Ll $38,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/18/2024 04/18/24 Sold $40,000 -19.8% --
12/11/2023 12/11/23 Price Changed $49,900 -16.7% --
11/14/2023 11/14/23 For Sale $59,900 +565.6% --
01/27/2017 01/27/17 Sold $9,000 -40.0% -- View Prior Sale
12/09/2016 12/09/16 Pending -- -- --
08/30/2016 08/30/16 For Sale $15,000 -- --
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 $944 $20,570 $20,570 $0
2024 $905 $20,570 $20,570 $0
2023 $875 $20,570 $20,570 $0
2022 $843 $20,570 $20,570 $0
2021 $940 $19,040 $19,040 $0
2020 $950 $19,040 $19,040 $0
2019 $935 $19,040 $19,040 $0
2018 $907 $19,040 $19,040 $0
2017 $896 $19,040 $19,040 $0
2016 $1,560 $34,010 $34,010 $0
2015 $1,560 $34,010 $34,010 $0
2014 $1,544 $34,010 $34,010 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170608575

SmartMLS

APN: EHAR-000025-000000-000428