NOT LISTED FOR SALE

482 East St New Britain, CT 06051

Estimated Value: $459,428 - $499,000

9 Beds
3 Baths
3,144 Sq Ft
$151/Sq Ft Est. Value

Last Sold September 15, 2023

Last sale price $395,000 $126 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,116/month

34 Days on Market

Highlights

  • Property is near public transit
  • Porch
  • Public Transportation
  • Attic
  • Accessible Ramps
  • Private Driveway

About This Home

As of September 2023

Investors take notice with this amazing opportunity in New Britain and around CCSU! This multi family residence features three units on three separate levels and is a great investment opportunity with room for growth in rents. It is fully occupied with reliable and long-term tenants. The building has been well kept and improved. Each unit has three bedrooms and 1 bath. Each unit has washer and dryer hookups and the refrigerators and stoves are owned by the seller and included in the sale. The 1st and 3rd units have gas and the 2nd floor unit is oil. The building is located in a super convenient, great neighborhood close to restaurants, shopping, bus lines, easy highway access and considerable off-street parking and more. Don’t let this opportunity slip through your fingers! We are here to discuss anything further with you! To be sold AS-IS.

Last Agent to Sell the Property

Tyler Phelps

eXp Realty License #REB.0792259 Listed on: 08/08/2023

eXp Realty

Last Buyer's Agent

Karen Sotelo

LPT Realty License #RES.0817045

LPT Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,940

Year Built

  • Built in 1920

Lot Details

  • 0.25

Home Design

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

Interior Spaces

  • 3,144 Sq Ft Home
  • Unfinished Attic

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Apartment Living Space in Basement

Parking

  • 6 Parking Spaces
  • Private Driveway

Outdoor Features

  • Exterior Lighting
  • Rain Gutters
  • Porch

Location

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

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground

Additional Features

  • Accessible Ramps
  • 0.25 Acre Lot

Community Details

  • 3 Units
  • Public Transportation
  • Gross Income $54,600

Listing and Financial Details

  • Assessor Parcel Number 642829

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,940

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors, 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 3144
  • Total Sq Ft: 3144
  • Year Built: 1920
  • New Construction: No/Resale
  • Nearby Amenities: Health Club, Park, Playground/Tot Lot, Private School(s), Public Pool, Public Rec Facilities, Public Transportation, Walk to Bus Lines
  • Association Amenities: None
  • Property Sub Type: 3 Family
  • Handicap Features: Ramps
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 6205
  • Directions: GPS Friendly
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 3144
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 9
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Attic Description: Unfinished
  • Basement Description: Full, Apartment, Liveable Space
  • Attic: Yes
  • Street Number Modifier: 482

Exterior Features

  • Exterior Features: Gutters, Lighting, Porch, Sidewalk
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Driveway Type: Private, Paved
  • Total Parking Spaces: 6
  • Garage And Parking: Driveway, Paved

Utilities

  • Cooling System: Window Unit
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas, Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Property Mgt Company Name: Self Managed

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

Lot Info

  • Acres: 0.25
  • Lot Description: Level Lot Lightly Wooded Sloping Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: T
  • Parcel #: 642829

Multi Family

  • Gross Annual Income: 54600
  • Total Number Of Units: 3
  • Unit Count: 3

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 6940
  • Total Assessed Value: 181300
  • Mil Rate Total: 38.28

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
Aug 8, 2023
Closed on
Sep 15, 2023
Sold by
Aquino Nelson
Bought by
Binderberger Kurt
Seller's Agent
Tyler Phelps
eXp Realty
Buyer's Agent
Karen Sotelo
LPT Realty
List Price
$374,900
Sold Price
$395,000
Premium/Discount to List
$20,100
5.36%
Views
108
Current Estimated Value
$474,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,107
Avg. Annual Appreciation
9.22%
Original Mortgage
$281,250
Outstanding Balance
$275,285
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$198,822

Purchase Details

Closed on
Dec 7, 2006
Sold by
Buckley Thomas
Bought by
Aguino Nelson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,500
Interest Rate
7.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2002
Sold by
Peck Robert L
Bought by
Buckley Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,250
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 10, 1995
Sold by
Letourneau Bldg Corp
Bought by
Morrell Burnan A and Morrell Line

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,200
Interest Rate
9.09%
Mortgage Type
Purchase Money Mortgage
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
Binderberger Kurt $395,000 None Available
Aguino Nelson $230,000 --
Buckley Thomas $95,000 --
Morrell Burnan A $109,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Binderberger Kurt $281,250
Previous Owner Morrell Burnan A $218,500
Previous Owner Morrell Burnan A $103,500
Previous Owner Morrell Burnan A $90,250
Previous Owner Morrell Burnan A $109,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2023 09/15/23 Sold $395,000 +5.4% $126 / Sq Ft
08/11/2023 08/11/23 For Sale $374,900 -- $119 / 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 $7,103 $181,300 $37,730 $143,570
2024 $7,178 $181,300 $37,730 $143,570
2023 $6,940 $181,300 $37,730 $143,570
2022 $5,111 $103,250 $17,360 $85,890
2021 $5,111 $103,250 $17,360 $85,890
2020 $5,214 $103,250 $17,360 $85,890
2019 $5,214 $103,250 $17,360 $85,890
2018 $5,214 $103,250 $17,360 $85,890
2017 $4,924 $97,510 $17,360 $80,150
2016 $4,924 $97,510 $17,360 $80,150
2015 $4,778 $97,510 $17,360 $80,150
2014 $4,778 $97,510 $17,360 $80,150
Source: Public Records

Agents Affiliated with this Home

  • Tyler Phelps

    Seller's Agent in 2023

    Tyler Phelps

    eXp Realty

    (860) 993-6456

    5 in this area

    183 Total Sales

    Tyler Phelps
    Section Image
  • Karen Sotelo

    Buyer's Agent in 2023

    Karen Sotelo

    LPT Realty

    (860) 770-2744

    6 in this area

    38 Total Sales

    Karen Sotelo
    Section Image
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Map

Source: SmartMLS

MLS Number: 170590003

SmartMLS

APN: NBRI-000008D-000000-B000137

Connecticut Hartford County New Britain 06051

482 East St, New Britain, CT

This home is located at 482 East St, New Britain, CT 06051 since 08 August 2023 and is currently estimated at $474,107, approximately $150 per square foot. This property was built in 1920. 482 East St is a home located in Hartford County with nearby schools including Smith School, Slade Middle School, and Emmanuel Christian Academy.

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.

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