NOT LISTED FOR SALE

325 Chestnut St New Britain, CT 06051

Estimated Value: $309,000 - $445,000

9 Beds
3 Baths
5,873 Sq Ft
$67/Sq Ft Est. Value

Last Sold November 08, 2023

Last sale price $280,000 $48 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,933/month

27 Days on Market

About This Home

As of November 2023

INVESTORS TAKE NOTICE!! Bank owned property. Great opportunity to build sweat equity, large 3 Family building in the heart of New Britain!! 5,873 sq feet, 3 bedrooms on each floor with the possibility to have an additional 4th bedroom and a huge attic with 2 more bedrooms, Detached garage, Vinyl siding, DO NOT MISS THIS OPPORTUNITY!!! CASH/HARD MONEY ONLY DUE TO CONDITION. Easy access to CCSU, Downtown, Hospitals and Public Transportation. THIS PROPERTY WON'T LAST, SCHEDULE YOUR SHOWING TODAY!!!

Last Agent to Sell the Property

Mariella Quintana

Premier Properties of CT License #RES.0811518 Listed on: 07/04/2023

Last Buyer's Agent

Joshua Rivera

eXp Realty License #RES.0820952

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,936

Year Built

  • Built in 1900

Lot Details

  • 0.25 Acre Lot

Parking

  • 2 Car Garage

Home Design

  • 5,873 Sq Ft Home
  • Concrete Foundation
  • Asphalt Shingled Roof
  • Concrete Siding
  • Vinyl Siding

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Basement

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

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Oil
  • Oil Water Heater

Additional Features

  • Attic

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 641028

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,936

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 5873
  • Total Sq Ft: 5873
  • Year Built: 1900
  • New Construction: No/Resale
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 8895
  • Directions: Stanley to Chestnut
  • Financing Used: Other
  • Living Area Sq Ft Per Public Record: 5873
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 9
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement Description: Full, Full With Walk-Out
  • Attic: Yes
  • Street Number Modifier: 325

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Concrete

Garage/Parking

  • Garages Number: 2
  • Garage And Parking: Detached Garage, Driveway

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Non Applicable
  • Hot Water Description: Oil
  • 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: 0.25
  • Lot Description: N/A
  • Zoning: T
  • Parcel #: 641028

Multi Family

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

Tax Info

  • Property Tax: 9936
  • Total Assessed Value: 259560
  • Mil Rate Total: 38.28

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2024
Sold by
Home Run Contracting Inc
Bought by
325 Chestnut St Llc
Current Estimated Value
$392,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$356,659
Interest Rate
6.49%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$36,008

Purchase Details

Listed on
Jul 4, 2023
Closed on
Nov 7, 2023
Sold by
Loan Funder Llc
Bought by
Home Run Contracting Inc
Seller's Agent
Mariella Quintana
Premier Properties of CT
Buyer's Agent
Joshua Rivera
eXp Realty
List Price
$250,000
Sold Price
$280,000
Premium/Discount to List
$30,000
12%
Views
380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.92%
Original Mortgage
$313,704
Interest Rate
7.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 12, 2020
Closed on
Dec 21, 2020
Sold by
Perch Rock Management Llc
Bought by
Grace Kingdom Bldrs Corp
Seller's Agent
Adam Devine
Dorrance Realty
Buyer's Agent
Cedric Vanterpool
Elite Legacy Realty LLC
List Price
$209,999
Sold Price
$205,000
Premium/Discount to List
-$4,999
-2.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.82%
Original Mortgage
$250,903
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 9, 2020
Sold by
Miller Mary L
Bought by
Perch Rock Management Llc
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
325 Chestnut St Llc -- Liberty Title
325 Chestnut St Llc -- Liberty Title
Home Run Contracting Inc $280,000 None Available
Home Run Contracting Inc $280,000 None Available
Grace Kingdom Bldrs Corp $204,000 None Available
Grace Kingdom Bldrs Corp $204,000 None Available
Perch Rock Management Llc $140,000 None Available
Perch Rock Management Llc $140,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 325 Chestnut St Llc $360,000
Closed 325 Chestnut St Llc $360,000
Previous Owner Home Run Contracting Inc $313,704
Previous Owner Grace Kingdom Bldrs Corp $250,903
Previous Owner Miller Mary L $37,640
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2023 11/08/23 Sold $280,000 +12.0% $48 / Sq Ft
07/31/2023 07/31/23 Pending -- -- --
07/04/2023 07/04/23 For Sale $250,000 +22.0% $43 / Sq Ft
01/25/2021 01/25/21 Sold $205,000 -1.9% $35 / Sq Ft
12/29/2020 12/29/20 Price Changed $209,000 +2.5% $36 / Sq Ft
12/03/2020 12/03/20 Price Changed $204,000 -2.9% $35 / Sq Ft
10/12/2020 10/12/20 For Sale $209,999 -- $36 / 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 $9,528 $243,180 $48,370 $194,810
2024 $10,276 $259,560 $48,370 $211,190
2023 $9,936 $259,560 $48,370 $211,190
2022 $6,892 $139,230 $22,260 $116,970
2021 $6,892 $139,230 $22,260 $116,970
2020 $7,031 $139,230 $22,260 $116,970
2019 $7,031 $139,230 $22,260 $116,970
2018 $7,031 $139,230 $22,260 $116,970
2017 $6,628 $131,250 $22,260 $108,990
2016 $6,628 $131,250 $22,260 $108,990
2015 $6,431 $131,250 $22,260 $108,990
2014 $6,431 $131,250 $22,260 $108,990
Source: Public Records

Agents Affiliated with this Home

  • Mariella Quintana

    Seller's Agent in 2023

    Mariella Quintana

    Premier Properties of CT

    (860) 371-4583

    7 in this area

    75 Total Sales

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  • Joshua Rivera

    Buyer's Agent in 2023

    Joshua Rivera

    eXp Realty

    (860) 365-2448

    1 in this area

    15 Total Sales

    Section Image
  • Adam Devine

    Seller's Agent in 2021

    Adam Devine

    Dorrance Realty

    (203) 718-3305

    2 in this area

    232 Total Sales

    Section Image
  • Cedric Vanterpool

    Buyer's Agent in 2021

    Cedric Vanterpool

    Elite Legacy Realty LLC

    (203) 780-1724

    2 in this area

    12 Total Sales

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Map

Source: SmartMLS

MLS Number: 170582123

SmartMLS

APN: NBRI-000008C-000000-B000041

Connecticut Hartford County New Britain 06051

325 Chestnut St, New Britain, CT

This home is located at 325 Chestnut St, New Britain, CT 06051 since 04 July 2023 and is currently estimated at $392,667, approximately $66 per square foot. This property was built in 1900. 325 Chestnut St is a home located in Hartford County with nearby schools including Smith School, Slade Middle School, and Mountain Laurel Sudbury School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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