NOT LISTED FOR SALE

316 Chestnut St New Britain, CT 06051

Estimated Value: $356,000 - $399,000

7 Beds
3 Baths
3,453 Sq Ft
$111/Sq Ft Est. Value

Last Sold June 03, 2022

Last sale price $279,000 $81 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,730/month

44 Days on Market

Highlights

  • City View
  • Enclosed Patio or Porch
  • Storm Doors
  • No HOA
  • Baseboard Heating

About This Home

As of June 2022

Right in the heart of New Britain is your next investment opportunity with the opportunity to owner occupy. Featuring a spacious 3 bedroom first floor unit with updated flooring and countertops, with its own private entrance and breezeway. 2nd and 3rd floor units featuring 2 bedrooms and long term tenants. Roof, windows, and electrical are in good shape with washer and dryer hookups on premises. Private back porches and first floor deck wrapping around the back of the home overlooking a great sized backyard. Located near the bus-line, schools, highways, shopping, worship and short drive from all else you need.

Last Agent to Sell the Property

Marques Strickland

eXp Realty License #RES.0791326 Listed on: 03/11/2022

eXp Realty

Last Buyer's Agent

Luis Torres

Essentia Realty License #REB.0792320

Essentia Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,211

Year Built

  • Built in 1900

Lot Details

  • 6,534

Parking

  • On-Street Parking

Home Design

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

Interior Spaces

  • 3,453 Sq Ft Home
  • City Views
  • Storm Doors

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

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

Schools

  • Chamberlain Primary Elementary School
  • Roosevelt Middle School
  • New Britain High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • Enclosed Patio or Porch
  • 6,534 Sq Ft Lot

Community Details

  • No Home Owners Association
  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,211

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 3453
  • Public Record Living Room Sq Ft: 3453
  • Total Sq Ft: 3453
  • Year Built: 1900
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 5211
  • Directions: East St to Chestnut St
  • Special Features: None

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Full With Walk-Out, Unfinished, Dirt Floor
  • Laundry Room Info: Basement Hook-Up(s), Hook-Up In Unit 2
  • Attic: No
  • Street Number Modifier: 316

Exterior Features

  • Exterior Features: Porch-Enclosed
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Brick, Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Brick, Stone

Garage/Parking

  • Garage Parking Info: On Street Parking

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Chamberlain Primary
  • Middle School: Roosevelt
  • High School: New Britain

Green Features

  • Energy Features: Storm Doors

Lot Info

  • Acres: 0.1500
  • Lot Description: City Views
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: T

Multi Family

  • Unit Count: 3
  • Total Multi Family: 13
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 5211
  • Total Assessed Value: 105280
  • Mil Rate Base: 49.500
  • Mil Rate Total: 49.500
  • Assessor Parcel Number: 641025

MLS Schools

  • Elementary School: Chamberlain Primary
  • Middle Jr High School: Roosevelt
  • High School: New Britain

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2022
Closed on
Jun 3, 2022
Sold by
Santiago Maida
Bought by
Pena Blanca E and Pena Marco A
Seller's Agent
Marques Strickland
eXp Realty
Buyer's Agent
Luis Torres
Essentia Realty
List Price
$284,900
Sold Price
$279,000
Premium/Discount to List
-$5,900
-2.07%
Current Estimated Value
$383,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,667
Avg. Annual Appreciation
10.54%
Original Mortgage
$223,200
Outstanding Balance
$212,694
Interest Rate
5.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$170,973

Purchase Details

Listed on
Dec 14, 2016
Closed on
Apr 17, 2017
Sold by
Eastern Properties Llc
Bought by
Santiago Maida
Seller's Agent
Chloe White
KW Legacy Partners
Buyer's Agent
Emmy Wayne
William Raveis Real Estate
List Price
$135,000
Sold Price
$135,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.20%
Original Mortgage
$108,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2013
Sold by
Lukasiewski Betty
Bought by
Eastern Props Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
3.97%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Pena Blanca E $279,000 None Available
Pena Blanca E $279,000 None Available
Santiago Maida $135,000 --
Santiago Maida $135,000 --
Eastern Props Llc $68,500 --
Eastern Props Llc $68,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pena Blanca E $223,200
Closed Pena Blanca E $223,200
Previous Owner Santiago Maida $27,200
Previous Owner Santiago Maida $108,000
Previous Owner Santiago Maida $28,500
Previous Owner Eastern Properties Llc $15,820
Previous Owner Lukasiewski Betty $63,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2022 06/03/22 Sold $279,000 -2.1% $81 / Sq Ft
04/18/2022 04/18/22 For Sale $284,900 +2.1% $83 / Sq Ft
04/07/2022 04/07/22 Off Market $279,000 -- --
03/11/2022 03/11/22 For Sale $284,900 +111.0% $83 / Sq Ft
04/17/2017 04/17/17 Sold $135,000 0.0% $39 / Sq Ft
01/01/2017 01/01/17 For Sale $135,000 0.0% $39 / Sq Ft
12/28/2016 12/28/16 Pending -- -- --
12/14/2016 12/14/16 For Sale $135,000 -- $39 / 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 $7,679 $196,000 $42,210 $153,790
2024 $7,760 $196,000 $42,210 $153,790
2023 $7,503 $196,000 $42,210 $153,790
2022 $5,211 $105,280 $19,460 $85,820
2021 $5,211 $105,280 $19,460 $85,820
2020 $5,317 $105,280 $19,460 $85,820
2019 $5,317 $105,280 $19,460 $85,820
2018 $5,193 $102,830 $19,460 $83,370
2017 $4,910 $97,230 $19,460 $77,770
2016 $4,910 $97,230 $19,460 $77,770
2015 $4,764 $97,230 $19,460 $77,770
2014 $4,764 $97,230 $19,460 $77,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170472383

SmartMLS

APN: NBRI-000008B-000000-B000065