NOT LISTED FOR SALE

337 Allen St New Britain, CT 06053

Estimated Value: $309,413 - $349,000

4 Beds
3.5 Baths
2,128 Sq Ft
$156/Sq Ft Est. Value

Last Sold June 26, 2023

Last sale price $265,000 $125 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,241/month

117 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Baseboard Heating
  • Attic
  • Public Transportation
  • Level Lot

About This Home

As of June 2023

Come take a look at this cash flowing investment opportunity in New Britain! Recently updated, the property now boasts as 2-3 bed unit with 1.5 bath unit, a 1 bed/1 bath unit and studio/1 bath unit. The 3 bed unit has laundry. Tenant paid utilities, updated units, and a large off street parking lot - what more could you ask for? There is continued value add opportunity with rents. This property is a total win for either an investor or owner occupant!

Last Agent to Sell the Property

Maddy Ceruti

Century 21 AllPoints Realty License #RES.0813001 Listed on: 10/20/2022

Century 21 AllPoints Realty

Last Buyer's Agent

Romain Simpson

Century 21 Scala Group License #RES.0810219

Century 21 Scala Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,919

Year Built

  • Built in 1920

Lot Details

  • 6,970 Sq Ft Lot
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Concrete Foundation
  • Flat Tile Roof
  • Masonry Siding
  • Vinyl Siding

Interior Spaces

  • 2,128 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Bedrooms and Bathrooms

  • 4 Bedrooms

Location

  • Property is near public transit
  • Property is near shops

Schools

  • New Britain High School

Utilities

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

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,919

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2128
  • Public Record Living Room Sq Ft: 2128
  • Total Sq Ft: 2128
  • Year Built: 1920
  • Nearby Amenities: Medical Facilities, Public Rec Facilities, Public Transportation, Shopping/Mall
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3471
  • Tax Year Updated Dt: 06/19/2023
  • Directions: Use GPS
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement Description: Full, Unfinished
  • Attic: Yes
  • Street Number Modifier: 337

Exterior Features

  • Exterior Siding: Vinyl Siding, Brick
  • Foundation Type: Concrete
  • Roof Information: Flat
  • Swimming Pool: No
  • Construction Description: Brick

Garage/Parking

  • Garage Parking Info: Off Street Parking

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.1600
  • Lot Description: Level Lot
  • Zoning: B1

Multi Family

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

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 5919
  • Total Assessed Value: 154630
  • Mil Rate Base: 38.280
  • Mil Rate Total: 38.280
  • Assessor Parcel Number: 638040

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2022
Closed on
Jun 22, 2023
Sold by
Nd Home Investments Llc
Bought by
Williams Oleauz D
Seller's Agent
Maddy Ceruti
Century 21 AllPoints Realty
Buyer's Agent
Romain Simpson
Century 21 Scala Group
List Price
$310,000
Sold Price
$265,000
Premium/Discount to List
-$45,000
-14.52%
Views
241
Current Estimated Value
$331,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,353
Avg. Annual Appreciation
10.34%
Original Mortgage
$212,000
Outstanding Balance
$206,290
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$125,063

Purchase Details

Listed on
Sep 22, 2021
Closed on
Jan 21, 2022
Sold by
D & D Properties Llc
Bought by
Nd Home Investors Llc
Seller's Agent
Mike Doherty
KW Legacy Partners
Buyer's Agent
Dan Rocano
Exit Realty Everyday
List Price
$260,000
Sold Price
$230,000
Premium/Discount to List
-$30,000
-11.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.41%
Original Mortgage
$184,000
Interest Rate
3.56%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 25, 2021
Sold by
Farr Ann D and Farr Esther A
Bought by
D & D Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
2.96%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Williams Oleauz D $265,000 None Available
Williams Oleauz D $265,000 None Available
Nd Home Investors Llc $230,000 None Available
Nd Home Investors Llc $230,000 None Available
D & D Properties Llc $160,000 None Available
D & D Properties Llc $160,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Oleauz D $212,000
Closed Williams Oleauz D $212,000
Previous Owner Nd Home Investors Llc $184,000
Previous Owner D & D Properties Llc $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2023 06/26/23 Sold $265,000 -14.5% $125 / Sq Ft
03/11/2023 03/11/23 For Sale $310,000 0.0% $146 / Sq Ft
02/14/2023 02/14/23 Pending -- -- --
02/04/2023 02/04/23 For Sale $310,000 0.0% $146 / Sq Ft
12/09/2022 12/09/22 Pending -- -- --
11/02/2022 11/02/22 Price Changed $310,000 -4.6% $146 / Sq Ft
10/20/2022 10/20/22 For Sale $325,000 +41.3% $153 / Sq Ft
01/21/2022 01/21/22 Sold $230,000 -8.0% $108 / Sq Ft
01/12/2022 01/12/22 Pending -- -- --
10/25/2021 10/25/21 Price Changed $250,000 -3.8% $117 / Sq Ft
09/22/2021 09/22/21 For Sale $260,000 -- $122 / 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 $5,809 $148,260 $35,210 $113,050
2024 $5,390 $136,150 $35,210 $100,940
2023 $5,919 $154,630 $35,210 $119,420
2022 $4,130 $83,440 $11,690 $71,750
2021 $4,130 $83,440 $11,690 $71,750
2020 $4,214 $83,440 $11,690 $71,750
2019 $4,214 $83,440 $11,690 $71,750
2018 $4,214 $83,440 $11,690 $71,750
2017 $3,998 $79,170 $12,180 $66,990
2016 $3,998 $79,170 $12,180 $66,990
2015 $3,879 $79,170 $12,180 $66,990
2014 $3,879 $79,170 $12,180 $66,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170531248

SmartMLS

APN: NBRI-000005C-000000-B000152