NOT LISTED FOR SALE

475 Prospect Ave Hartford, CT 06105

Estimated Value: $675,885 - $736,000

9 Beds
3 Baths
4,702 Sq Ft
$148/Sq Ft Est. Value

Last Sold May 04, 2021

Last sale price $479,900 $102 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,981/month

187 Days on Market

Highlights

  • Attic
  • No HOA
  • Storm Windows
  • Whiting Lane School Rated A
  • 2 Car Detached Garage
  • Property is near shops

About This Home

As of May 2021

Perfect Multi for investor or owner occupied. High ceilings, beautiful woodwork, front and back porches on each unit! Open dining/living rooms, and Eat in kitchens. Beautiful hardwood floors throughout. Many updates, including kitchens, baths, and laundry in units. Off street parking for at least 2 cars per unit. Potential for higher income with market rents. Close to shopping and dining and bus line.

Last Agent to Sell the Property

Carl Lantz

Coldwell Banker Realty License #RES.0769156 Listed on: 09/07/2020

Coldwell Banker Realty

Last Buyer's Agent

Harold Murphy

KW Legacy Partners License #REB.0487774

KW Legacy Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,190

Year Built

  • Built in 1916

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Home Design

  • Concrete Foundation
  • Frame Construction
  • Fiberglass Roof
  • Vinyl Siding

Interior Spaces

  • 4,702 Sq Ft Home
  • Concrete Flooring
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 2 Car Detached Garage
  • Private Driveway

Accessible Home Design

  • Multiple Entries or Exits

Location

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

Schools

  • Whiting Lane Elementary School
  • King Philip Middle School
  • Hall High School

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Oil
  • Fuel Tank Located in Basement

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Gross Income $46,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,190

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 4702
  • Public Record Living Room Sq Ft: 4702
  • Total Sq Ft: 4702
  • Year Built: 1916
  • Nearby Amenities: Private School(s), Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 3 Family
  • Handicap Features: Multiple Entries/Exits
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Prospect just North of Boulevard.
  • Special Features: None

Interior Features

  • Total Bedrooms: 9
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Access Via Hatch, Crawl Space
  • Basement Description: Full, Concrete Floor
  • Laundry Room Info: All Units Have Hook-Ups, Washer/Dryer All Units
  • Attic: Yes
  • Street Number Modifier: 475

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Fiberglass Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2
  • Driveway Type: Private

Utilities

  • Cooling System: Window Unit
  • Heat Type: Radiator
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Whiting Lane
  • Middle School: King Philip
  • High School: Hall

Green Features

  • Energy Features: Storm Doors, Storm Windows

Lot Info

  • Acres: 0.1700
  • Lot Description: Level Lot
  • Zoning: BG

Multi Family

  • Gross Annual Income: 46800
  • Net Operating Income: 24800
  • Unit Count: 3
  • Total Multi Family: 18
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 12190
  • Total Assessed Value: 291620
  • Mil Rate Base: 41.800
  • Mil Rate Total: 41.800
  • Assessor Parcel Number: 1905519

MLS Schools

  • Elementary School: Whiting Lane
  • Middle Jr High School: King Philip
  • High School: Hall

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2020
Closed on
May 4, 2021
Sold by
Alatsatianos Nicholas
Bought by
Ocampo Norma E
Seller's Agent
Carl Lantz
Coldwell Banker Realty
Buyer's Agent
Harold Murphy
KW Legacy Partners
List Price
$499,900
Sold Price
$479,900
Premium/Discount to List
-$20,000
-4%
Current Estimated Value
$695,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,062
Avg. Annual Appreciation
8.96%
Original Mortgage
$479,900
Outstanding Balance
$436,754
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$259,208

Purchase Details

Closed on
Jun 3, 2008
Sold by
Kpr Re Llc
Bought by
Alatsatianos Nicholaos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
5.91%

Purchase Details

Closed on
Dec 3, 2002
Sold by
Trudy Lovell T
Bought by
Potter Kenneth and Roy Philip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,942
Interest Rate
6.16%
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
Ocampo Norma E $479,900 None Available
Alatsatianos Nicholaos $420,000 --
Potter Kenneth $255,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ocampo Norma E $479,900
Previous Owner Alatsatianos Nicholaos $325,600
Previous Owner Potter Kenneth $336,000
Previous Owner Potter Kenneth $233,793
Previous Owner Potter Kenneth $232,942
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2021 05/04/21 Sold $479,900 0.0% $102 / Sq Ft
03/13/2021 03/13/21 Pending -- -- --
11/23/2020 11/23/20 Price Changed $479,900 -2.0% $102 / Sq Ft
11/11/2020 11/11/20 Price Changed $489,900 -2.0% $104 / Sq Ft
09/07/2020 09/07/20 For Sale $499,900 -- $106 / 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 $14,352 $320,490 $39,300 $281,190
2024 $13,573 $320,490 $39,300 $281,190
2023 $13,114 $320,490 $39,300 $281,190
2022 $13,038 $320,490 $39,300 $281,190
2021 $12,371 $291,620 $35,700 $255,920
2020 $12,190 $291,620 $30,600 $261,020
2019 $12,190 $291,620 $30,590 $261,030
2018 $11,956 $291,620 $30,590 $261,030
2017 $11,968 $291,620 $30,590 $261,030
2016 $9,843 $249,130 $46,620 $202,510
2015 $9,544 $249,130 $46,620 $202,510
2014 $9,310 $249,130 $46,620 $202,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170334414

SmartMLS

APN: WHAR-000009H-004391-000475