42 Union St New Britain, CT 06051
Estimated Value: $280,810 - $343,000
5
Beds
2
Baths
2,328
Sq Ft
$136/Sq Ft
Est. Value
About This Home
As of April 2022Add this huge 2 family to your portfolio or make it your home. Both units have long term tenants who are month to month at this time. Owner did most of the work himself and it shows prior to renting the property. Furnaces & water heaters are newer. Tenants are paying and in full at this time. Within minutes of Central CT State University and NB's fast track. Great convenient location, book today for your showing!
There is an opportunity to bring the rents to market value. A recent smaller 2 family on the same street was rented for $1250 for the first floor and $1180 on the second floor.
Please see remarks
Huge upside and potential in this great property.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,737
Year Built
- Built in 1890
Lot Details
- 7,405 Sq Ft Lot
Home Design
- Concrete Foundation
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 2,328 Sq Ft Home
- Shared Basement
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Parking
- 2 Car Detached Garage
- Shared Driveway
Utilities
- Heating System Uses Gas
- Gas Available at Street
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Gross Income $24,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 23, 2011
Sold by
Fnma
Bought by
Papazoni Brook
Total Days on Market
13
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,838
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 25, 2010
Sold by
Bac Home Loans Svcng L
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Sep 24, 2002
Sold by
Deavers Helena
Bought by
Luengas Jose
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Papazoni Brook | $62,000 | -- | |
| Federal National Mortgage Association | -- | -- | |
| Bac Home Loans Svcng L | -- | -- | |
| Luengas Jose | $110,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Papazoni Brook | $120,000 | |
| Closed | Luengas Jose | $102,920 | |
| Closed | Luengas Jose | $81,838 | |
| Previous Owner | Luengas Jose | $166,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/27/2022 04/27/22 | Sold | $250,000 | -3.8% | $107 / Sq Ft |
| 03/15/2022 03/15/22 | Pending | -- | -- | -- |
| 03/02/2022 03/02/22 | For Sale | $259,900 | -- | $112 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
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 | $6,069 | $153,300 | $35,700 | $117,600 |
| 2023 | $5,868 | $153,300 | $35,700 | $117,600 |
| 2022 | $4,737 | $95,690 | $11,830 | $83,860 |
| 2021 | $4,737 | $95,690 | $11,830 | $83,860 |
| 2020 | $4,832 | $95,690 | $11,830 | $83,860 |
| 2019 | $4,832 | $95,690 | $11,830 | $83,860 |
| 2018 | $4,832 | $95,690 | $11,830 | $83,860 |
| 2017 | $4,737 | $93,800 | $12,320 | $81,480 |
| 2016 | $4,737 | $93,800 | $12,320 | $81,480 |
| 2015 | $4,596 | $93,800 | $12,320 | $81,480 |
| 2014 | $4,596 | $93,800 | $12,320 | $81,480 |
Source: Public Records
Agents Affiliated with this Home
-
Nawaz Shaikh
Seller's Agent in 2022
Nawaz Shaikh
eXp Realty
(860) 869-5808
5 in this area
72 Total Sales
-
G
Buyer's Agent in 2022
Gordon Holder
Century 21 AllPoints Realty
(860) 558-5330
Map
Source: SmartMLS
MLS Number: 170470347
APN: NBRI-000007A-000000-C000099
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.
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.
Nearby Homes