NOT LISTED FOR SALE

395 Stanley St New Britain, CT 06051

Estimated Value: $434,000 - $515,000

5 Beds
3 Baths
2,571 Sq Ft
$180/Sq Ft Est. Value

Last Sold August 02, 2023

Last sale price $400,000 $156 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,300/month

5 Days on Market

Highlights

  • No HOA
  • Tankless Water Heater
  • Level Lot
  • 4 Car Detached Garage
  • Baseboard Heating

About This Home

As of August 2023

Income producing, completely renovated 3-family. The home underwent a major remodel 2 years ago. Remodel upgrades include: New roof, new siding, remodeled kitchens/baths in all units, new natural gas heating systems in all 3 units, new appliances, all new windows in all units, washers/dryers all units, new flooring throughout. 1st floor 2-bedroom is on a lease at $1400/mo and pays their heat, hot water, & electricity. 2nd floor 2-bedroom in on a lease at $1200/mo and pays their heat, hot water, & electricity. 3rd floor 1-bedroom is owner occupied w/ separated utilities and is ready for an owner occupant looking to house hack or an investor can step in and rent the unit for top dollar rent. 4-car garage makes for additional income opportunities.

Last Agent to Sell the Property

Michael Noto

SalCal Real Estate Connections License #RES.0799665 Listed on: 06/26/2023

Last Buyer's Agent

Mike Doherty

KW Legacy Partners License #RES.0814339

KW Legacy Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,097

Year Built

  • Built in 1880

Lot Details

  • 9,583 Sq Ft Lot
  • Level Lot

Home Design

  • 2,571 Sq Ft Home
  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 4 Car Detached Garage
  • Off-Street Parking

Schools

  • New Britain High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Additional Features

  • Unfinished Basement

Community Details

  • No Home Owners Association
  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,097

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 2571
  • Public Record Living Room Sq Ft: 2571
  • Total Sq Ft: 2571
  • Year Built: 1880
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4366
  • Directions: GPS to 395 Stanley, New Britain
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Unfinished
  • Laundry Room Info: Washer/Dryer All Units
  • Attic: No
  • Street Number Modifier: 395

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Detached Garage, Off Street Parking
  • Garages Number: 4

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard, Gas on Gas
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Tankless Hotwater
  • 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: 0.2200
  • Lot Description: Level Lot
  • Zoning: T

Multi Family

  • Unit Count: 3
  • Total Multi Family: 14
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 9097
  • Total Assessed Value: 237650
  • Mil Rate Base: 38.280
  • Mil Rate Total: 38.280
  • Assessor Parcel Number: 650988

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2023
Closed on
Jul 31, 2023
Sold by
Hadley Aidan D
Bought by
Plh 1 Llc
Seller's Agent
Michael Noto
SalCal Real Estate Connections
Buyer's Agent
Mike Doherty
KW Legacy Partners
List Price
$385,000
Sold Price
$400,000
Premium/Discount to List
$15,000
3.9%
Total Days on Market
5
Views
125
Current Estimated Value
$463,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,185
Avg. Annual Appreciation
5.77%

Purchase Details

Closed on
Mar 18, 2021
Sold by
Duenas-Bianchi Lucia
Bought by
Hadley Aidan D

Purchase Details

Listed on
Oct 21, 2020
Closed on
Dec 18, 2020
Sold by
Flores-Pastor Eugenia
Bought by
Duenas-Bianchi Lucia and Hadley Aidan D
Seller's Agent
Enrique Quintana
Premier Properties of CT
Buyer's Agent
Michael Noto
SalCal Real Estate Connections
List Price
$279,900
Sold Price
$291,000
Premium/Discount to List
$11,100
3.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.71%
Original Mortgage
$261,600
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 27, 2018
Sold by
Francis Ayrton A and Bank Of America Na
Bought by
Bank Of America Na

Purchase Details

Closed on
Mar 10, 2000
Sold by
Mechanics Sb
Bought by
Francis Ayrton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
8.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 1987
Sold by
Giangrave Paul J
Bought by
Lamont Raymond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,400
Interest Rate
10.43%
Mortgage Type
Purchase Money Mortgage
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
Plh 1 Llc $400,000 None Available
Hadley Aidan D -- None Available
Duenas-Bianchi Lucia $291,000 None Available
Bank Of America Na -- --
Francis Ayrton $55,000 --
Lamont Raymond $148,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Plh 1 Llc $308,000
Previous Owner Duenas-Bianchi Lucia $261,600
Previous Owner Lamont Raymond $90,000
Previous Owner Lamont Raymond $44,000
Previous Owner Lamont Raymond $118,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2023 08/02/23 Sold $400,000 +3.9% $156 / Sq Ft
07/01/2023 07/01/23 Pending -- -- --
06/26/2023 06/26/23 For Sale $385,000 +32.3% $150 / Sq Ft
12/19/2020 12/19/20 Sold $291,000 +4.0% $113 / Sq Ft
10/21/2020 10/21/20 For Sale $279,900 +211.0% $109 / Sq Ft
05/17/2019 05/17/19 Sold $90,000 -13.9% $35 / Sq Ft
03/28/2019 03/28/19 Pending -- -- --
02/19/2019 02/19/19 For Sale $104,500 -- $41 / 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 $9,311 $237,650 $36,400 $201,250
2024 $9,409 $237,650 $36,400 $201,250
2023 $9,097 $237,650 $36,400 $201,250
2022 $6,601 $133,350 $16,730 $116,620
2021 $6,601 $133,350 $16,730 $116,620
2020 $4,316 $85,470 $16,730 $68,740
2019 $4,316 $85,470 $16,730 $68,740
2018 $4,316 $85,470 $16,730 $68,740
2017 $4,079 $80,780 $16,730 $64,050
2016 $4,079 $80,780 $16,730 $64,050
2015 $3,958 $80,780 $16,730 $64,050
2014 $3,958 $80,780 $16,730 $64,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170580214

SmartMLS

APN: NBRI-000009C-000000-B000027