NOT LISTED FOR SALE

374 Arch St New Britain, CT 06051

Estimated Value: $278,000 - $324,000

5 Beds
3 Baths
1,820 Sq Ft
$165/Sq Ft Est. Value

Last Sold December 06, 2021

Last sale price $225,000 $124 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,059/month

22 Days on Market

Highlights

  • Attic
  • Baseboard Heating
  • Level Lot
  • No HOA

About This Home

As of December 2021

For sale is a turn key 3 family home in the growing Downtown New Britain community. No car needed, walking distance to many shops, restaurants and bus station. All three units have been freshly updated with new windows, flooring, bathrooms, cabinets and paint. This property is ideal for an owner occupant or investor. Separate and tenant paid utilities. Parking is across the street in fenced in lot or on street. Priced to sell, won't last!!

Last Agent to Sell the Property

Mike Doherty

KW Legacy Partners License #RES.0814339 Listed on: 08/31/2021

KW Legacy Partners

Last Buyer's Agent

Dan Rocano

Exit Realty Everyday License #RES.0802789

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,586

Year Built

  • Built in 1900

Lot Details

  • 2,614 Sq Ft Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 1,820 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • On-Street Parking
  • Off-Street Parking

Schools

  • New Britain High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Gas Available at Street

Community Details

  • No Home Owners Association
  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,586

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 1820
  • Public Record Living Room Sq Ft: 1820
  • Total Sq Ft: 1820
  • Year Built: 1900
  • Nearby Amenities: Medical Facilities, Park
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 1980
  • Directions: Park across st in open lot (fenced in)
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Access Via Hatch
  • Basement Description: Full
  • Attic: Yes
  • Street Number Modifier: 374

Exterior Features

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

Garage/Parking

  • Garage Parking Info: On Street Parking, Off Street Parking

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Gas In Street
  • 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: 0.0600
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: CBD

Multi Family

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

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 3586
  • Total Assessed Value: 72450
  • Mil Rate Base: 49.500
  • Mil Rate Total: 49.500
  • Assessor Parcel Number: 638796

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2021
Closed on
Dec 6, 2021
Sold by
D & D Properties Llc
Bought by
Grand Manor Holdings Llc
Seller's Agent
Mike Doherty
KW Legacy Partners
Buyer's Agent
Dan Rocano
Exit Realty Everyday
List Price
$250,000
Sold Price
$225,000
Premium/Discount to List
-$25,000
-10%
Current Estimated Value
$295,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,881
Avg. Annual Appreciation
8.15%
Original Mortgage
$180,000
Outstanding Balance
$166,295
Interest Rate
3.14%
Mortgage Type
Commercial
Estimated Equity
$133,232

Purchase Details

Closed on
May 21, 2021
Sold by
Sogunro Olusegun
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
$350,000
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 18, 2017
Sold by
Masha Waidi A
Bought by
Sogunro Olusegun A

Purchase Details

Closed on
Jun 23, 2014
Sold by
Sogunro Olusegun A
Bought by
Masha Waidi A

Purchase Details

Listed on
Nov 22, 2011
Closed on
Jul 16, 2012
Sold by
Ambrosio Leslie M
Bought by
Sogurno Olusegun A
Seller's Agent
Stacy King
Eagle Eye Realty PLLC
Buyer's Agent
Babajimi Oni-Orisan
Century 21 AllPoints Realty
List Price
$110,000
Sold Price
$38,000
Premium/Discount to List
-$72,000
-65.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.14%

Purchase Details

Closed on
Nov 18, 2011
Sold by
Vliet Ronald E
Bought by
Ambrosio Leslie M

Purchase Details

Closed on
Nov 2, 2007
Sold by
Walters Ianthia
Bought by
Vliet Ronald E

Purchase Details

Closed on
Aug 17, 2005
Sold by
Moss Loxie
Bought by
Walters Ianthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,200
Interest Rate
5.66%

Purchase Details

Closed on
Sep 3, 2003
Sold by
Mortgage Capital Grp L
Bought by
Moss Loxie

Purchase Details

Closed on
Feb 25, 2003
Sold by
Morales Michael
Bought by
Palma Jason Jose

Purchase Details

Closed on
Dec 24, 2002
Sold by
America Equicredit Cor
Bought by
Morales Michael

Purchase Details

Closed on
Sep 9, 1999
Sold by
Yost Alison
Bought by
Bentley Mary E

Purchase Details

Closed on
Jun 30, 1998
Sold by
Urban Renewal Team Llc
Bought by
Yost Alison

Purchase Details

Closed on
Jan 28, 1998
Sold by
Peoples Bank
Bought by
Urban Renewal Team Llc

Purchase Details

Closed on
Jul 31, 1987
Sold by
Post Christopher H
Bought by
Olejarz Stefan
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
Grand Manor Holdings Llc $225,000 None Available
D & D Properties Llc $315,000 None Available
Sogunro Olusegun A $40,000 --
Masha Waidi A $33,000 --
Sogurno Olusegun A $38,000 --
Ambrosio Leslie M -- --
Vliet Ronald E $131,500 --
Walters Ianthia $124,000 --
Moss Loxie $115,000 --
Palma Jason Jose $120,000 --
Morales Michael $29,500 --
Bentley Mary E $85,000 --
Yost Alison $52,000 --
Urban Renewal Team Llc $25,000 --
Olejarz Stefan $129,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grand Manor Holdings Llc $180,000
Closed Grand Manor Holdings Llc $180,000
Previous Owner D & D Properties Llc $350,000
Previous Owner Post Christopher H $99,200
Previous Owner Post Christopher H $18,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2021 12/06/21 Sold $225,000 -10.0% $124 / Sq Ft
09/22/2021 09/22/21 Pending -- -- --
08/31/2021 08/31/21 For Sale $250,000 +557.9% $137 / Sq Ft
07/13/2012 07/13/12 Sold $38,000 -65.5% $21 / Sq Ft
07/13/2012 07/13/12 Pending -- -- --
11/22/2011 11/22/11 For Sale $110,000 -- $60 / 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 $5,090 $129,920 $18,900 $111,020
2024 $5,144 $129,920 $18,900 $111,020
2023 $4,973 $129,920 $18,900 $111,020
2022 $3,586 $72,450 $5,390 $67,060
2021 $3,586 $72,450 $5,390 $67,060
2020 $3,659 $72,450 $5,390 $67,060
2019 $3,659 $72,450 $5,390 $67,060
2018 $3,659 $72,450 $5,390 $67,060
2017 $3,804 $75,320 $6,090 $69,230
2016 $3,804 $75,320 $6,090 $69,230
2015 $3,691 $75,320 $6,090 $69,230
2014 $3,691 $75,320 $6,090 $69,230
Source: Public Records

Agents Affiliated with this Home

  • Mike Doherty

    Seller's Agent in 2021

    Mike Doherty

    KW Legacy Partners

    (860) 941-9996

    34 in this area

    116 Total Sales

    Section Image
  • Dan Rocano

    Buyer's Agent in 2021

    Dan Rocano

    Exit Realty Everyday

    (203) 499-7560

    2 in this area

    19 Total Sales

    Section Image
  • Stacy King

    Seller's Agent in 2012

    Stacy King

    Eagle Eye Realty PLLC

    (860) 665-0850

    1 in this area

    54 Total Sales

    Section Image

  • B

    Buyer's Agent in 2012

    Babajimi Oni-Orisan

    Century 21 AllPoints Realty

    (860) 621-8378

    11 Total Sales

    Section Image
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Map

Source: SmartMLS

MLS Number: 170433652

SmartMLS

APN: NBRI-000009B-000000-C000017

Connecticut Hartford County New Britain 06051

374 Arch St, New Britain, CT

This home is located at 374 Arch St, New Britain, CT 06051 since 31 August 2021 and is currently estimated at $299,527, approximately $164 per square foot. This property was built in 1900. 374 Arch St is a home located in Hartford County with nearby schools including Vance School, Slade Middle School, and Raymond Hill 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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