NOT LISTED FOR SALE

433 New Britain Ave Unit 435 Hartford, CT 06106

South West Neighborhood

Estimated Value: $364,722 - $481,000

10 Beds
3 Baths
4,055 Sq Ft
$101/Sq Ft Est. Value

Last Sold August 28, 2023

Last sale price $315,000 $78 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,598/month

56 Days on Market

Highlights

  • Property is near public transit
  • Corner Lot
  • Porch
  • Attic
  • No HOA
  • Public Transportation

About This Home

As of August 2023

Don't miss this three family property featuring an 18% proforma ROI with big unit mix on a large corner lot, located on the bus route with many nearby amenities. Each unit is approx. 1,350 SF with (2) three bed units and (1) four bed unit + LR, big EIK, washer/dryer hookups, pantry and ample closet space. The units feature hardwood floors throughout in addition to some various kitchen and bath updates - cabinets, tub surrounds, fixtures. The utilities are separate and tenant paid with gas heat, hot water and cooking. The electrical is also separate/tenant paid and updated to circuit breakers. There is on-street parking only and small yard = low maintenance asset. Roof is newer. Rents are below market = BIG upside. Good opportunity for a value add asset in a desirable area for tenants/owners. Must See! PRICED TO SELL.

Last Agent to Sell the Property

Amanda Sheehan

Oxford Realty License #REB.0795097 Listed on: 05/30/2023

Oxford Realty

Last Buyer's Agent

Antonio Marques

Golden Rule Realty License #REB.0751058

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,945

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Corner Lot

Parking

  • On-Street Parking

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding
  • Masonry

Interior Spaces

  • 4,055 Sq Ft Home
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Outdoor Features

  • Exterior Lighting
  • Rain Gutters
  • Porch

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

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Additional Features

  • Public Transportation
  • Gross Income $50,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,945

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: Behind The Rocks
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 4055
  • Public Record Living Room Sq Ft: 4055
  • Total Sq Ft: 4055
  • Year Built: 1900
  • Nearby Amenities: Commuter Bus, Library, Medical Facilities, Park, Public Rec Facilities, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 7413
  • Tax Year Updated Dt: 08/24/2023
  • Directions: Corner of New Britain Ave & Hillside
  • Special Features: None

Interior Features

  • Total Bedrooms: 10
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Crawl Space
  • Basement Description: Full, Unfinished
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: Yes

Exterior Features

  • Exterior Features: Gutters, Lighting, Porch, Sidewalk
  • Exterior Siding: Aluminum
  • Foundation Type: Masonry, Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: On Street Parking

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

Lot Info

  • Acres: 0.1500
  • Lot Description: Corner Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: MS-1

Multi Family

  • Gross Annual Income: 50400
  • Unit Count: 3
  • Total Multi Family: 15
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 4945
  • Mil Rate Base: 68.950
  • Assessor Parcel Number: 592384

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2023
Closed on
Aug 16, 2023
Sold by
Srjm Holdings Llc
Bought by
Rizzy Properties 4 Llc
Seller's Agent
Amanda Sheehan
Oxford Realty
Buyer's Agent
Antonio Marques
Golden Rule Realty
List Price
$355,000
Sold Price
$315,000
Premium/Discount to List
-$40,000
-11.27%
Views
877
Current Estimated Value
$411,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,181
Avg. Annual Appreciation
12.69%
Original Mortgage
$236,250
Outstanding Balance
$230,635
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$180,546

Purchase Details

Listed on
Jan 18, 2015
Closed on
Mar 3, 2015
Sold by
Kirkutis Salome S and Kirkutis Stephania Concoprd
Bought by
Benmaim Yoram
Seller's Agent
Salome Kirkutis
SKS Realty
Buyer's Agent
Salome Kirkutis
SKS Realty
List Price
$99,900
Sold Price
$90,000
Premium/Discount to List
-$9,900
-9.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.88%
Original Mortgage
$7,100
Interest Rate
3.76%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rizzy Properties 4 Llc $315,000 None Available
Benmaim Yoram $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rizzy Properties 4 Llc $236,250
Previous Owner Benmaim Yoram $7,100
Previous Owner Benmaim Yoram $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/28/2023 08/28/23 Sold $315,000 -7.3% $78 / Sq Ft
07/25/2023 07/25/23 Pending -- -- --
07/03/2023 07/03/23 Price Changed $339,900 -4.3% $84 / Sq Ft
05/30/2023 05/30/23 For Sale $355,000 +65.9% $88 / Sq Ft
11/13/2020 11/13/20 Sold $214,000 -2.5% $53 / Sq Ft View Prior Sale
09/21/2020 09/21/20 For Sale $219,555 0.0% $54 / Sq Ft
09/11/2020 09/11/20 Pending -- -- --
09/02/2020 09/02/20 Price Changed $219,555 +11.4% $54 / Sq Ft
07/17/2020 07/17/20 For Sale $197,000 +118.9% $49 / Sq Ft
02/27/2015 02/27/15 Sold $90,000 -9.9% $22 / Sq Ft View Prior Sale
02/09/2015 02/09/15 Pending -- -- --
01/18/2015 01/18/15 For Sale $99,900 -- $24 / 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 $5,192 $75,301 $6,321 $68,980
2024 $5,192 $75,301 $6,321 $68,980
2023 $5,192 $75,301 $6,321 $68,980
2022 $3,825 $75,301 $6,321 $68,980
2021 $3,825 $51,485 $8,645 $42,840
2020 $3,825 $51,485 $8,645 $42,840
2019 $3,825 $51,485 $8,645 $42,840
2018 $3,696 $49,749 $8,353 $41,396
2016 $4,448 $59,878 $7,955 $51,923
2015 $4,237 $57,034 $7,578 $49,456
2014 $4,133 $55,640 $7,393 $48,247
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170573712

SmartMLS

APN: HTFD-000187-000624-000072