$135,000
SOLD APR 17, 2017

316 Chestnut St New Britain, CT 06051

-- Bed
3 Baths
3,453 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$39 Per Sq Ft

14 Days on Market

Highlights

  • Deck
  • Ceiling Fan
  • Level Lot
  • No HOA
  • Baseboard Heating

About This Home

As of June 2022

Attention investors: Income producing 3 family near New Britain Art Museum, 3 units with separate entrances-3 bedroom 1st floor with hardwood floors, 2nd floor with 2 bedrooms, living and dining room, washer/dryer hook up, 3rd floor with 2 bedrooms, full unfinished basement w/washer dryer hookup, 3 separate electrical panels, 1st & 2nd floor gas heat/hot water, 3rd floor electric heat/hot water, sold as is.

Last Agent to Sell the Property

Chloe White

KW Legacy Partners License #RES.0775018 Listed on: 12/14/2016

KW Legacy Partners

Last Buyer's Agent

Emmy Wayne

William Raveis Real Estate License #RES.0791502

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,910

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot

Parking

  • Parking Deck

Home Design

  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 3,453 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan

Outdoor Features

  • Deck

Schools

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

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Heating System Uses Oil Above Ground
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,910

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: 3updown - Unit(s) per Floor
  • Total Sq Ft: 3453
  • Year Built: 1900
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Stanley St to Chestnut St.
  • Special Features: None
  • Stories: 3

Interior Features

  • Full Bathrooms: 3
  • Laundry Room Location: Upper Level
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: No
  • Stories Number Of: 3
  • Street Number Modifier: 316

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Vinyl Siding
  • Swimming Pool: No

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric, Natural Gas
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Electric, Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.1500
  • Lot Description: Level Lot

Rental Info

  • Lease Purchase: No

Multi Family

  • Unit Count: 3
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2016-June 2017
  • Property Tax: 4910
  • Total Assessed Value: 97230
  • Mil Rate Total: 50.500
  • Assessor Parcel Number: 641025

MLS Schools

  • Elementary School: Chamberlain Primary
  • 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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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 Type Sale Price Title Company
Warranty Deed $279,000 None Available
Warranty Deed $279,000 None Available
Warranty Deed $135,000 --
Warranty Deed $135,000 --
Warranty Deed $68,500 --
Warranty Deed $68,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $223,200 Purchase Money Mortgage
Closed $223,200 Purchase Money Mortgage
Previous Owner $27,200 Unknown
Previous Owner $108,000 New Conventional
Previous Owner $28,500 Unknown
Previous Owner $15,820 Unknown
Previous Owner $63,000 New Conventional
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: G10184701

SmartMLS

APN: NBRI-000008B-000000-B000065