NOT LISTED FOR SALE

48 Millard St New Britain, CT 06051

Estimated Value: $350,401 - $381,000

5 Beds
3 Baths
2,275 Sq Ft
$160/Sq Ft Est. Value

Last Sold October 07, 2022

Last sale price $275,000 $121 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,487/month

8 Days on Market

Highlights

  • Property is near public transit
  • Attic
  • Balcony
  • Partially Wooded Lot
  • No HOA
  • Thermal Windows

About This Home

As of October 2022

Investors and owner occupants take note. Recently renovated 3 family property which is located in a desirable neighborhood near the Newington line. This home has many updates in 2018, which include new roof & all units have new heating systems along w/major upgrades, remodeled kitchen and baths, newer cabinets, stainless appliances on 1st floor, updated flooring on all 3 floors. Newer gas furnaces installed for 1st & 2nd floors, new electric baseboard heat on 3rd floor, 2 newer hot water heaters, all newer vinyl replacement windows all 3 floors, upgraded electrical & upgraded plumbing, and vinyl siding, separate utilities, washer/dryer hookups in basement, parking for up to 6 cars in two driveways.

Last Agent to Sell the Property

Paul Koutsopoulos

Berkshire Hathaway NE Prop. License #RES.0788188 Listed on: 08/22/2022

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Paula Basso

Evjen Agency License #RES.0773162

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,491

Year Built

  • Built in 1880

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot
  • Partially Wooded Lot
  • Many Trees

Home Design

  • Concrete Foundation
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Ridge Vents on the Roof
  • Vinyl Siding

Interior Spaces

  • 2,275 Sq Ft Home
  • Thermal Windows
  • Concrete Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Attic

  • Attic Floors
  • Storage In Attic

Unfinished Basement

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

Home Security

  • Smart Thermostat
  • Storm Windows
  • Storm Doors

Parking

  • 5 Parking Spaces
  • Driveway
  • Paved Parking

Accessible Home Design

  • Modified Wall Outlets

Outdoor Features

  • Balcony
  • Enclosed Patio or Porch
  • Exterior Lighting
  • Breezeway
  • Rain Gutters

Location

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

Utilities

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

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,491

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2275
  • Public Record Living Room Sq Ft: 2275
  • Total Sq Ft: 2275
  • Year Built: 1880
  • Nearby Amenities: Basketball Court, Library, Medical Facilities, Playground/Tot Lot, Public Rec Facilities, Public Transportation, Walk to Bus Lines
  • Remarks Public Addendum: PLEASE NOTE: The present rents are much lower that the present rental market for 1 or 2 bedroom units in New Britain, soem family friends are in units.
  • 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: 4141
  • Directions: GPS Friendly
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Floored, Storage Space
  • Basement Description: Full With Hatchway, Unfinished, Concrete Floor, Storage
  • Laundry Room Location: basement
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: Yes
  • Home Automation: Electric Outlet(s), Thermostat(s)
  • Street Number Modifier: 48

Exterior Features

  • Exterior Features: Balcony, Breezeway, Gutters, Lighting, Porch-Enclosed, Sidewalk
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Block, Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved, Driveway
  • Driveway Type: Asphalt
  • Total Parking Spaces: 5

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric, Natural Gas
  • Hot Water Description: 40 Gallon Tank
  • 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: Ridge Vents, Storm Doors, Storm Windows, Thermopane Windows

Lot Info

  • Acres: 0.1000
  • Lot Description: Level Lot, Lightly Wooded, Treed
  • Flood Zone: No
  • Zoning: T

Multi Family

  • Unit Count: 3
  • Total Multi Family: 13
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 4491
  • Total Assessed Value: 90720
  • Mil Rate Base: 49.500
  • Mil Rate Total: 49.500
  • Assessor Parcel Number: 647811

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
Jun 11, 2018
Closed on
Sep 10, 2018
Sold by
Neico Llc
Bought by
Soto Jacqueline
Seller's Agent
Michael Noto
SalCal Real Estate Connections
Buyer's Agent
Paul Koutsopoulos
Berkshire Hathaway NE Prop.
List Price
$219,999
Sold Price
$201,600
Premium/Discount to List
-$18,399
-8.36%
Current Estimated Value
$363,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,250
Avg. Annual Appreciation
7.70%
Original Mortgage
$197,948
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 25, 2017
Closed on
Feb 27, 2018
Sold by
Hsbc Bank Usa Na Tr
Bought by
Neico Llc
Seller's Agent
Jonathan Gineo
Silver and Oak Realty
Buyer's Agent
Non Member
Non-Member
List Price
$80,000
Sold Price
$72,250
Premium/Discount to List
-$7,750
-9.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
647.87%
Original Mortgage
$108,000
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2017
Sold by
Was Bryan N
Bought by
Hsbc Bank Usa Na Tr
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
Soto Jacqueline $201,600 --
Soto Jacqueline $201,600 --
Neico Llc $72,250 --
Neico Llc $72,250 --
Hsbc Bank Usa Na Tr -- --
Hsbc Bank Usa Na Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soto Jacqueline $197,948
Closed Hsbc Bank Usa Na Tr $197,948
Previous Owner Neico Llc $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/07/2022 10/07/22 Sold $275,000 -5.8% $121 / Sq Ft
08/26/2022 08/26/22 Price Changed $291,900 -2.7% $128 / Sq Ft
08/22/2022 08/22/22 For Sale $299,900 +48.8% $132 / Sq Ft
09/06/2018 09/06/18 Sold $201,600 -1.7% $89 / Sq Ft View Prior Sale
07/26/2018 07/26/18 Pending -- -- --
07/06/2018 07/06/18 Price Changed $204,999 -4.7% $90 / Sq Ft
06/25/2018 06/25/18 Price Changed $214,999 -2.3% $95 / Sq Ft
06/11/2018 06/11/18 For Sale $219,999 +204.5% $97 / Sq Ft
03/05/2018 03/05/18 Sold $72,250 -9.7% $32 / Sq Ft View Prior Sale
01/12/2018 01/12/18 Pending -- -- --
01/04/2018 01/04/18 For Sale $80,000 0.0% $35 / Sq Ft
11/17/2017 11/17/17 Pending -- -- --
10/25/2017 10/25/17 For Sale $80,000 -- $35 / 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 $6,615 $168,840 $38,990 $129,850
2024 $6,684 $168,840 $38,990 $129,850
2023 $6,463 $168,840 $38,990 $129,850
2022 $4,491 $90,720 $17,990 $72,730
2021 $4,491 $90,720 $17,990 $72,730
2020 $4,581 $90,720 $17,990 $72,730
2019 $4,581 $90,720 $17,990 $72,730
2018 $4,581 $90,720 $17,990 $72,730
2017 $4,337 $85,890 $17,990 $67,900
2016 $4,337 $85,890 $17,990 $67,900
2015 $4,209 $85,890 $17,990 $67,900
2014 $4,209 $85,890 $17,990 $67,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170510270

SmartMLS

APN: NBRI-000007C-000000-A000087