NOT LISTED FOR SALE

488 Stanley St New Britain, CT 06051

Estimated Value: $417,000 - $569,000

8 Beds
3 Baths
3,981 Sq Ft
$118/Sq Ft Est. Value

Sale Details

Date Sold: May 11, 2018

Last sale price $232,500 $58 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $3,388 / mo

15 Days on Market

Highlights

  • Built in 1916 | Newly Remodeled
  • No HOA
  • Floor Furnace
  • Attic
  • 3 Car Detached Garage
  • Concrete Flooring

About This Home

As of May 2018

"GREAT INVESTMENT OPPORTUNITY" This is a great building, excellent condition, stable tenants and great income. the tenants pay Heat and electric.
3 car garage for additional income.

Last Agent to Sell the Property

Ronald Forcier

Century 21 AllPoints Realty License #REB.0232310 Listed on: 03/26/2018

Century 21 AllPoints Realty

Last Buyer's Agent

Carla Juvencio

RE/MAX Precision Realty License #RES.0783299

RE/MAX Precision Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,119

Year Built

  • Built in 1916 | Newly Remodeled

Lot Details

  • 8,276 Sq Ft Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 3,981 Sq Ft Home
  • Concrete Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Attic

  • Attic Floors
  • Walkup Attic

Parking

  • 3 Car Detached Garage
  • Shared Driveway

Schools

  • New Britain High School

Utilities

  • Floor Furnace
  • Radiator
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Gross Income $36,120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,119

Year Built

Built in 1916 | Newly Remodeled

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 3981
  • Public Record Living Room Sq Ft: 3981
  • Total Sq Ft: 3981
  • Year Built: 1916
  • New Construction: Completed/Never Occupied
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 7151
  • Directions: Stanley close to Ellis.
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Walk-up, Floored
  • Basement Description: Full, Unfinished, Concrete Floor
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: Yes

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Masonry, Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 3
  • Driveway Type: Shared, Asphalt

Utilities

  • Heat Type: Radiator, No Heat
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: 40 Gallon Tank, Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.1900
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: T

Multi Family

  • Gross Annual Income: 36120
  • Unit Count: 3
  • Total Multi Family: 15
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 6119
  • Mil Rate Base: 50.500
  • Assessor Parcel Number: 651018

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2018
Closed on
May 14, 2018
Sold by
Bought by
Seller's Agent
Ronald Forcier
Century 21 AllPoints Realty
Buyer's Agent
Carla Juvencio
RE/MAX Precision Realty
List Price
$229,900
Sold Price
$232,500
Premium/Discount to List
$2,600
1.13%
Current Estimated Value
$491,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,950
Avg. Annual Appreciation
9.02%
Original Mortgage
$228,288
Interest Rate
0.0437%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 10, 2012
Closed on
Aug 30, 2013
Sold by
Bought by
Seller's Agent
Nina Jankowski
Real Estate Exchange
Buyer's Agent
Emily Krawiecki
Tier 1 Real Estate
List Price
$339,800
Sold Price
$310,000
Premium/Discount to List
-$29,800
-8.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.94%
Original Mortgage
$7,000
Interest Rate
0.0434%

Purchase Details

Closed on
Sep 7, 2005
Sold by
Bought by

Purchase Details

Closed on
May 22, 2003
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$232,500 --
$310,000 --
$177,350 --
$162,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $228,288
Closed $7,000
Closed $252,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/11/2018 05/11/18 Sold $232,500 +1.1% $58 / Sq Ft
03/26/2018 03/26/18 For Sale $229,900 -25.8% $58 / Sq Ft
08/29/2013 08/29/13 Sold $310,000 -8.8% $40 / Sq Ft View Prior Sale
06/05/2013 06/05/13 Pending -- -- --
12/10/2012 12/10/12 For Sale $339,800 -- $44 / Sq Ft
Source: SmartMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,809 $224,840 $34,930 $189,910
2024 $8,901 $224,840 $34,930 $189,910
2023 $8,607 $224,840 $34,930 $189,910
2022 $6,379 $128,870 $16,100 $112,770
2021 $6,379 $128,870 $16,100 $112,770
2020 $6,508 $128,870 $16,100 $112,770
2019 $6,508 $128,870 $16,100 $112,770
2018 $6,508 $128,870 $16,100 $112,770
2017 $6,119 $121,170 $16,100 $105,070
2016 $6,119 $121,170 $16,100 $105,070
2015 $5,937 $121,170 $16,100 $105,070
2014 $5,937 $121,170 $16,100 $105,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170065239

SmartMLS

APN: NBRI-000009B-000000-B000091

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