NOT LISTED FOR SALE

40 Magnolia St New Britain, CT 06053

Estimated Value: $319,577 - $382,000

4 Beds
2 Baths
1,592 Sq Ft
$222/Sq Ft Est. Value

Last Sold August 31, 2017

Last sale price $158,000 $99 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $2,395/month

5 Days on Market

Highlights

  • City View
  • No HOA
  • Shed
  • Attic
  • Enclosed Patio or Porch
  • Hot Water Circulator

About This Home

As of August 2017

Great location in a single family zoned neighborhood. This two family home has 2nd floor access to a walk-up attic for additional living area. Usable walkout basement with separate laundry hookups. Numerous improvements include the tearing down and rebuilding of the back porches. Two gas boilers and 100 amp electrical services. Will qualify FHA financing.

Last Agent to Sell the Property

Esther Farr

Ad Farr Realty License #REB.0216385 Listed on: 08/05/2017

Last Buyer's Agent

Phillip Yager

Bottom Line Realty License #RES.0796784

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,571

Year Built

  • Built in 1920

Lot Details

  • 8,712 Sq Ft Lot

Home Design

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

Interior Spaces

  • 1,592 Sq Ft Home
  • City Views
  • Walkup Attic

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

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

Parking

  • Private Driveway
  • Off-Street Parking

Outdoor Features

  • Enclosed Patio or Porch
  • Shed

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Hot Water Circulator

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,571

Year Built

Built in 1920

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: 1592
  • Public Record Living Room Sq Ft: 1592
  • Total Sq Ft: 1592
  • Year Built: 1920
  • Nearby Amenities: Park
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 2924
  • Directions: McClintock Street to Magnolia Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Walk-up
  • Basement Description: Full With Walk-Out
  • Laundry Room Location: Each apt hookups are in the basement
  • Attic: Yes
  • Street Number Modifier: 40

Exterior Features

  • Exterior Features: Porch-Enclosed, Shed
  • Exterior Siding: Vinyl Siding, Aluminum
  • Foundation Type: Brick, Masonry
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Private, Paved

Utilities

  • Cooling System: Wall Unit, Window Unit
  • Heat Type: Baseboard, Hot Water, No Heat
  • 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
  • Middle School: Per Board of Ed
  • High School: Per Board of Ed
  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.2000
  • Lot Description: City Views
  • Flood Zone: No
  • Zoning: S3

Multi Family

  • Unit Count: 2
  • Total Multi Family: 8
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2016-June 2017
  • Property Tax: 4571
  • Total Assessed Value: 90510
  • Mil Rate Base: 50.500
  • Mil Rate Total: 50.500
  • Assessor Parcel Number: 647173

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2018
Sold by
Duchnowski Lester and Duchnowski Grace
Bought by
Duchnowski Derek L
Current Estimated Value
$354,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,000
Outstanding Balance
$149,930
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$204,214

Purchase Details

Listed on
Aug 5, 2017
Closed on
Aug 31, 2017
Sold by
Rousseau Jon P
Bought by
Duchnowski Lester and Duchnowski Grace
Seller's Agent
Esther Farr
Ad Farr Realty
Buyer's Agent
Phillip Yager
Bottom Line Realty
Sold Price
$158,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.50%

Purchase Details

Closed on
Apr 29, 2011
Sold by
Rosario Carlos
Bought by
Rousseau Jon P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,050
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 11, 2008
Sold by
Wolfberg Mark and Wolfberg Jay
Bought by
Rosario Carlso

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,500
Interest Rate
5.57%

Purchase Details

Closed on
Jul 3, 2003
Sold by
Wilczek Edward J and Wilczek Diane P
Bought by
Wolfberg Mark and Wolfberg Jay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,800
Interest Rate
5.46%
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
Duchnowski Derek L $216,250 --
Duchnowski Lester $158,000 --
Rousseau Jon P $110,000 --
Rosario Carlso $183,000 --
Wolfberg Mark $140,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duchnowski Derek L $173,000
Previous Owner Wolfberg Mark $107,050
Previous Owner Wolfberg Mark $182,500
Previous Owner Wolfberg Mark $126,800
Previous Owner Wolfberg Mark $16,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2017 08/31/17 Sold $158,000 -- $99 / Sq Ft
08/10/2017 08/10/17 Pending -- -- --
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 $6,204 $158,340 $52,640 $105,700
2024 $6,269 $158,340 $52,640 $105,700
2023 $6,061 $158,340 $52,640 $105,700
2022 $4,979 $100,590 $24,290 $76,300
2021 $4,979 $100,590 $24,290 $76,300
2020 $5,080 $100,590 $24,290 $76,300
2019 $5,080 $100,590 $24,290 $76,300
2018 $5,080 $100,590 $24,290 $76,300
2017 $4,571 $90,510 $22,050 $68,460
2016 $4,571 $90,510 $22,050 $68,460
2015 $4,325 $88,270 $22,050 $66,220
2014 $4,325 $88,270 $22,050 $66,220
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2017

    Esther Farr

    Ad Farr Realty

    (860) 830-9601

    3 in this area

    8 Total Sales

    Esther Farr
    Section Image

  • P

    Buyer's Agent in 2017

    Phillip Yager

    Bottom Line Realty

    Section Image
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Map

Source: SmartMLS

MLS Number: 170002582

SmartMLS

APN: NBRI-000005A-000000-C000046

Connecticut Hartford County New Britain 06053

40 Magnolia St, New Britain, CT

This home is located at 40 Magnolia St, New Britain, CT 06053 since 05 August 2017 and is currently estimated at $354,144, approximately $222 per square foot. This property was built in 1920. 40 Magnolia St is a home located in Hartford County with nearby schools including Holmes School, Pulaski Middle School, and Mountain Laurel Sudbury 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.

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