NOT LISTED FOR SALE

344 Cherry St New Britain, CT 06051

Estimated Value: $342,721 - $431,000

6 Beds
2 Baths
2,288 Sq Ft
$172/Sq Ft Est. Value

Last Sold November 01, 2018

Last sale price $215,000 $94 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $2,821/month

45 Days on Market

Highlights

  • Attic
  • Cul-De-Sac
  • Private Driveway
  • No HOA
  • 2 Car Attached Garage

About This Home

As of November 2018

Move right into this two family home which features 3 bedrooms and 1 bathroom in both units. Spacious units that include plenty of storage and closet space. Well maintained kitchens in both units which have plenty of eat-in space. Walking distance to bus lines, shopping centers, and schools. Newer furnace and water heater, electrical, and plumbing. Plenty of on and off street parking. Attached 1 car garage for both. Security system included. Second floor is currently generating $1,050 per month. All you have to do is move in. Come make this beautiful home yours. Property to be sold "AS IS"

Last Listed By

Eli Joseph

eXp Realty License #RES.0793677 Listed on: 09/14/2018

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,455

Year Built

  • Built in 1989

Lot Details

  • 6,098 Sq Ft Lot
  • Cul-De-Sac

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,288 Sq Ft Home
  • Storage In Attic

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Basement

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

Parking

  • 2 Car Attached Garage
  • Private Driveway

Schools

  • Northend Elementary School
  • New Britain High School

Utilities

  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,455

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2288
  • Public Record Living Room Sq Ft: 2288
  • Total Sq Ft: 2288
  • Year Built: 1989
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3504
  • Directions: Ellis st. to Ash st to Cherry St.
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Storage Space
  • Basement Description: Full With Walk-Out
  • Attic: Yes
  • Street Number Modifier: 344

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 2
  • Driveway Type: Private, Paved

Utilities

  • Heat Type: Gas on Gas
  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: In Basement
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Northend
  • High School: New Britain

Lot Info

  • Acres: 0.1400
  • Lot Description: On Cul-De-Sac
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R4

Multi Family

  • Unit Count: 2
  • Total Multi Family: 10
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 6455
  • Total Assessed Value: 127820
  • Mil Rate Base: 50.500
  • Mil Rate Total: 50.500
  • Assessor Parcel Number: 641009

MLS Schools

  • Elementary School: Northend
  • High School: New Britain

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2018
Closed on
Nov 5, 2018
Sold by
Lapirrer Edmond and Lapirrer Rhopde A
Bought by
Fabian David
Seller's Agent
Eli Joseph
eXp Realty
Buyer's Agent
Lauren Spina
William Pitt Sotheby's Int'l
List Price
$202,900
Sold Price
$215,000
Premium/Discount to List
$12,100
5.96%
Total Days on Market
45
Current Estimated Value
$393,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,430
Avg. Annual Appreciation
9.04%
Original Mortgage
$172,000
Outstanding Balance
$152,122
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$227,171

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in New Britain, CT

  • 22 School St, New Britain, CT 06051

    $325,000

    • 6 Beds
    • 2 Baths
    • 1,882 Sq Ft
    • 22 School St
    • New Britain, CT

    Welcome to 22 School Street, a well-maintained and income-generating two-family home located in a desirable Walnut Hill Park neighborhood of New Britain. 2 family style home, six bedrooms and two full bathrooms, making it an ideal opportunity for both investors and owner-occupants. The property is currently fully rented, with the first-floor unit generating $2,000 per month and the second floor

    Clifton Green Coldwell Banker Realty

    Section Image
  • 396 S Main St, New Britain, CT 06051

    $349,000

    • 4 Beds
    • 2 Baths
    • 1,984 Sq Ft
    • 396 S Main St
    • New Britain, CT

    Nice 2 family home centrally located in the beautiful city of New Britain close to schools and highways can easily be used for owner occupied or as an investment. Bring All Offers

    Michelle Greponne Creative Realty of CT LLC

    Section Image
  • 309 Stanley St, New Britain, CT 06051

    $399,900

    • 4 Beds
    • 2 Baths
    • 1,848 Sq Ft
    • 309 Stanley St
    • New Britain, CT

    Beautifully Updated Duplex in New Britain - Move-In Ready! Discover this charming and updated side-by-side multi, perfect for both investors and owner-occupants. One unit has been completely remodeled, featuring a brand-new kitchen with stylish butcher block countertops, new cabinetry, and modern appliances. Enjoy the elegance of luxury vinyl flooring, trendy new lighting throughout, and a

    Joseph Snell Luxe Realty LLC

    Section Image
  • 341 Stanley St, New Britain, CT 06051

    $475,000

    • 6 Beds
    • 3 Baths
    • 3,460 Sq Ft
    • 341 Stanley St
    • New Britain, CT

    Looking for a Cash-Flowing Triplex? Look no further than 341 Stanley Street. Property is located just minutes from Central Connecticut State University (CCSU), making it an attractive choice for both investors and future tenants. The property features a newer heating system, the 100-amp electrical, separate utilities, vinyl siding, hardwood floors and much more. Exterior lot boasts ample

    Alexander Pryor Coldwell Banker Realty

    Section Image
  • 86 Rockwell Ave, New Britain, CT 06051

    $300,000

    • 4 Beds
    • 2 Baths
    • 1,652 Sq Ft
    • 86 Rockwell Ave
    • New Britain, CT

    This charming two-unit building offers a fantastic opportunity for investors or owner-occupants! Featuring a walk-up attic and a full basement, this property provides ample storage and expansion potential. Unit 1 is occupied by a long-time tenant, ensuring steady rental income. Unit 2 will be delivered vacant at closing, ready for a new tenant or owner-occupant! Property Features Gas heat,

    Ryan DeLand Lock and Key Realty, Inc

    Section Image
  • 228 Whiting St, New Britain, CT 06051

    $430,000

    • 6 Beds
    • 3 Baths
    • 3,312 Sq Ft
    • 228 Whiting St
    • New Britain, CT

    Attention Investors & Owner-Occupants! Don't miss this fantastic three-unit multifamily offering 3,312 sq. ft. of livable space on a 0.12-acre lot. Each fully rented unit features two bedrooms and one bath, making it an excellent income-generating opportunity. Conveniently located in a high-demand rental area near Central Connecticut State University, this property benefits from strong rental

    Andrea Rodriguez Premier Properties of CT

    Section Image
  • 38 Fairview St, New Britain, CT 06051

    $439,000

    • 6 Beds
    • 2 Baths
    • 2,724 Sq Ft
    • 38 Fairview St
    • New Britain, CT

    For Sale: Turnkey Two-Family Home - 38 Fairview Street, New Britain, CT An incredible investment opportunity! This well-maintained, turnkey two-family home located at 38 Fairview Street in New Britain offers spacious and updated living in a convenient neighborhood setting. Located in a convenient neighborhood, this home is close to public transportation, shopping, dining, parks, schools, and

    Jose Rodriguez William Raveis Real Estate

    Section Image
  • 70 Fairview St, New Britain, CT 06051

    $455,000

    • 4 Beds
    • 2 Baths
    • 2,184 Sq Ft
    • 70 Fairview St
    • New Britain, CT

    Beautifully remodeled and energy-efficient 2-family home offering a perfect blend of modern updates and strong investment potential. Each unit has been thoughtfully renovated with high-end finishes, including granite countertops and stainless steel appliances. The property features newer energy-efficient windows, insulation, new plumbing, new electrical and all new mechanicals, helping to keep

    Michael Treviso Alpha Capital Realty, LLC

    Section Image
  • 87 Belden St, New Britain, CT 06051

    $469,999

    • 6 Beds
    • 3 Baths
    • 3,588 Sq Ft
    • 87 Belden St
    • New Britain, CT

    Must-See Investment Opportunity: Three-Family Home in New Britain, CT Nestled in a centrally located neighborhood of New Britain, this well-maintained, three-family home is the perfect addition to your investment portfolio or for an owner-occupied living situation. Each unit features an abundance of natural light, with a eat-in kitchen, two cozy bedrooms, and a comfortable living room.

    Andrew Bedford Coldwell Banker Realty

    Section Image

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
Fabian David $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fabian David $172,000
Previous Owner Lapierre Edmond $141,500
Previous Owner Lapierre Edmond $144,800
Previous Owner Lapierre Edmond $154,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2018 11/01/18 Sold $215,000 +6.0% $94 / Sq Ft
09/14/2018 09/14/18 For Sale $202,900 -- $89 / 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
2024 $7,549 $190,680 $33,460 $157,220
2023 $7,299 $190,680 $33,460 $157,220
2022 $6,282 $126,910 $15,400 $111,510
2021 $6,282 $126,910 $15,400 $111,510
2020 $6,409 $126,910 $15,400 $111,510
2019 $6,409 $126,910 $15,400 $111,510
2018 $6,409 $126,910 $15,400 $111,510
2017 $6,455 $127,820 $14,140 $113,680
2016 $6,455 $127,820 $14,140 $113,680
2015 $6,263 $127,820 $14,140 $113,680
2014 $6,263 $127,820 $14,140 $113,680
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170125213

SmartMLS

APN: NBRI-000010A-000000-C000039