NOT LISTED FOR SALE

429 Columbus Blvd Unit 431 New Britain, CT 06051

Estimated Value: $398,000 - $448,000

9 Beds
3 Baths
4,820 Sq Ft
$89/Sq Ft Est. Value

Last Sold April 17, 2023

Last sale price $354,000 $73 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,243/month

6 Days on Market

Highlights

  • Paddocks
  • Attic
  • Balcony
  • Property is near public transit
  • No HOA
  • 3 Car Detached Garage

About This Home

As of April 2023

I'm excited to present an excellent investment opportunity - a 3-family house with great income potential. Each unit boasts 3 bedrooms and a bathroom, with the added bonus of an extra room that can be used for storage or additional living space. The property has a walk-up attic that offers additional storage space, add the benefit of a 3 car oversized garage and paved parking for up to 5 cars, ensuring your tenants have ample parking space. Conveniently situated near local shopping and dining, as well as major highways, this property is ideal for renters seeking comfort and easy access to amenities. With a strong rental history and high demand for housing in the area, this property represents a fantastic addition to your investment portfolio. Don't let this opportunity slip away!

Last Listed By

Timothy Serpe

Citi Atlas Real Estate Co LLC License #REB.0790957 Listed on: 02/21/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,286

Year Built

  • Built in 1900

Lot Details

  • 0.36 Acre Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Concrete Foundation
  • Stone Foundation
  • Asphalt Shingled Roof
  • Masonry Siding

Interior Spaces

  • Walkup Attic

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 3 Car Detached Garage
  • Driveway
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • Heating system powered by active solar
  • Balcony
  • Paddocks

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Additional Features

  • Public Transportation
  • Gross Income $22,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,286

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 4320
  • Public Record Living Room Sq Ft: 4320
  • Sq Ft Est Heated Below Grade: 500
  • Total Sq Ft: 4820
  • Year Built: 1900
  • Nearby Amenities: Basketball Court, Park, Playground/Tot Lot, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 7776
  • Directions: GPS Friendly
  • Special Features: None

Interior Features

  • Total Bedrooms: 9
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Walk-up
  • Basement Description: Full With Hatchway
  • Laundry Room Location: Basement
  • Attic: Yes
  • Street Number Modifier: 429

Exterior Features

  • Exterior Features: Balcony, Paddock, Sidewalk
  • Exterior Siding: Brick
  • Foundation Type: Concrete, Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Brick

Garage/Parking

  • Garage Parking Info: Detached Garage, Driveway, Off Street Parking
  • Garages Number: 3
  • Driveway Type: Asphalt
  • Total Parking Spaces: 5

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • 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

Green Features

  • Energy Features: Active Solar

Lot Info

  • Acres: 0.3600
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: T

Multi Family

  • Gross Annual Income: 22800
  • Unit Count: 3
  • Total Multi Family: 15
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 6286
  • Total Assessed Value: 126980
  • Mil Rate Base: 49.500
  • Mil Rate Total: 49.500
  • Assessor Parcel Number: 641597

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

Listed on
Feb 21, 2023
Closed on
Apr 7, 2023
Sold by
Silva Guillermo
Bought by
Liam White Prop Ii Llc
Seller's Agent
Timothy Serpe
Citi Atlas Real Estate Co LLC
Buyer's Agent
Thomas Skorobohaty
Coldwell Banker Calabro
List Price
$349,000
Sold Price
$354,000
Premium/Discount to List
$5,000
1.43%
Total Days on Market
6
Views
192
Current Estimated Value
$431,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,000
Avg. Annual Appreciation
8.28%
Original Mortgage
$410,000
Outstanding Balance
$400,923
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$17,410

Purchase Details

Closed on
Dec 1, 2000
Sold by
Img Mtg Co
Bought by
Sousa Carl M and Sousa Peggy L

Purchase Details

Closed on
Aug 25, 2000
Sold by
Manuele Sebastiano and Manuele Gaetana
Bought by
Silva Guillermo and Silva Patricia

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
Liam White Prop Ii Llc $300,000 None Available
Sousa Carl M $60,000 --
Silva Guillermo $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liam White Prop Ii Llc $410,000
Previous Owner Silva Guillermo $16,536
Previous Owner Silva Guillermo $227,613
Previous Owner Silva Guillermo $175,500
Previous Owner Silva Guillermo $143,412
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2023 04/17/23 Sold $354,000 +1.4% $73 / Sq Ft
02/27/2023 02/27/23 Pending -- -- --
02/21/2023 02/21/23 For Sale $349,000 -- $72 / 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
2024 $9,960 $251,580 $45,290 $206,290
2023 $9,630 $251,580 $45,290 $206,290
2022 $6,286 $126,980 $12,950 $114,030
2021 $6,286 $126,980 $12,950 $114,030
2020 $6,412 $126,980 $12,950 $114,030
2019 $6,412 $126,980 $12,950 $114,030
2018 $6,412 $126,980 $12,950 $114,030
2017 $6,603 $130,760 $14,630 $116,130
2016 $6,603 $130,760 $14,630 $116,130
2015 $6,407 $130,760 $14,630 $116,130
2014 $6,407 $130,760 $14,630 $116,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170551471

SmartMLS

APN: NBRI-000009A-000000-C000025