NOT LISTED FOR SALE

38 Newfield Ave New Britain, CT 06053

Estimated Value: $355,365 - $458,000

6 Beds
5 Baths
3,290 Sq Ft
$123/Sq Ft Est. Value

Last Sold August 04, 2022

Last sale price $275,000 $84 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,937/month

6 Days on Market

About This Home

As of August 2022

Large 3 family home on a quiet dead end Street. Home is fully occupied and rents are well below market. Property is being sold Strictly AS-IS with tenants in place.

Last Agent to Sell the Property

Todd Rogers

Todd & Company Realtors License #REB.0756056 Listed on: 06/07/2022

Last Buyer's Agent

Lori O'Brien

Berkshire Hathaway NE Prop. License #RES.0817022

Berkshire Hathaway NE Prop.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,882

Year Built

  • Built in 1925

Lot Details

  • 8,276 Sq Ft Lot
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Asbestos Siding

Interior Spaces

  • 3,290 Sq Ft Home
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Schools

  • New Britain High School

Utilities

  • Radiator
  • Heating System Uses Natural Gas
  • Heating System Uses Oil Above Ground

Community Details

  • No Home Owners Association
  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,882

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 3290
  • Public Record Living Room Sq Ft: 3290
  • Total Sq Ft: 3290
  • Year Built: 1925
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5782
  • Tax Year Updated Dt: 07/13/2022
  • Directions: West Main Street to Newfield
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: No
  • Street Number Modifier: 38

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Off Street Parking

Utilities

  • Heat Type: Radiator
  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: Above Ground
  • 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: 0.1900
  • Lot Description: Level Lot
  • Zoning: A2

Multi Family

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

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 4882
  • Total Assessed Value: 98630
  • Mil Rate Base: 49.500
  • Mil Rate Total: 49.500
  • Assessor Parcel Number: 648245

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2024
Sold by
Abedini Xhelal
Bought by
Avex Investments Llc
Current Estimated Value
$404,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Outstanding Balance
$384,016
Interest Rate
6.74%
Mortgage Type
Commercial
Estimated Equity
$20,325

Purchase Details

Closed on
Feb 28, 2024
Sold by
Abedini Xhelal
Bought by
Avex Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Outstanding Balance
$384,016
Interest Rate
6.74%
Mortgage Type
Commercial
Estimated Equity
$20,325

Purchase Details

Listed on
Jun 7, 2022
Closed on
Aug 4, 2022
Sold by
Sternal Wanda
Bought by
Abedini Xhelal
Seller's Agent
Todd Rogers
Todd & Company Realtors
Buyer's Agent
Lori O'Brien
Berkshire Hathaway NE Prop.
List Price
$269,000
Sold Price
$275,000
Premium/Discount to List
$6,000
2.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.89%
Original Mortgage
$206,250
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 2013
Sold by
Sternal Stanley
Bought by
Sternal Wanda

Purchase Details

Closed on
May 21, 2012
Sold by
Newfield Avenue Llc
Bought by
Sternal Stanley
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
Avex Investments Llc -- None Available
Avex Investments Llc -- None Available
Avex Investments Llc -- None Available
Avex Investments Llc -- None Available
Abedini Xhelal $275,000 None Available
Abedini Xhelal $275,000 None Available
Sternal Wanda -- --
Sternal Wanda -- --
Sternal Stanley -- --
Sternal Stanley -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Avex Investments Llc $390,000
Closed Avex Investments Llc $390,000
Previous Owner Abedini Xhelal $206,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2022 08/04/22 Sold $275,000 +2.2% $84 / Sq Ft
06/13/2022 06/13/22 Pending -- -- --
06/07/2022 06/07/22 For Sale $269,000 -- $82 / 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 $9,402 $239,960 $47,180 $192,780
2024 $7,059 $178,290 $47,180 $131,110
2023 $7,112 $185,780 $47,180 $138,600
2022 $4,882 $98,630 $15,680 $82,950
2021 $4,882 $98,630 $15,680 $82,950
2020 $4,981 $98,630 $15,680 $82,950
2019 $4,981 $98,630 $15,680 $82,950
2018 $4,981 $98,630 $15,680 $82,950
2017 $4,733 $93,730 $16,310 $77,420
2016 $4,733 $93,730 $16,310 $77,420
2015 $4,593 $93,730 $16,310 $77,420
2014 $4,593 $93,730 $16,310 $77,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170498271

SmartMLS

APN: NBRI-000005D-000000-E000057