NOT LISTED FOR SALE

50 Concord St New Britain, CT 06053

Estimated Value: $458,107 - $566,000

6 Beds
3 Baths
4,017 Sq Ft
$124/Sq Ft Est. Value

Last Sold January 21, 2022

Last sale price $324,000 $81 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,444/month

7 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Public Transportation
  • Attic
  • 2 Car Detached Garage
  • Baseboard Heating

About This Home

As of January 2022

If you are looking for your next investment or a place to call home, in a quiet neighborhood and with a steady income stream, then this three-family, 15 room home is for you! The three units have a large eat-in kitchen, living room, dining room, two bedrooms and one bath although the first floor turned the living room into an additional “bedroom.” There is a walk-up attic with plenty of space for storage. The roof is approximately three year’s old and there are two newer furnaces approximately six year’s old and the electric hot water heater is approximately six year’s old. The tenants do not have access to the garage. Only first and second floors will be shown as well as basement and attic. Third floor can be shown upon serious interest for a second showing. This property is being sold “as-is.” Inspections will be for informational purposes, only. This property will not qualify for FHA or VA financing. Showings will begin Friday, December 3, 2021.

Last Agent to Sell the Property

Lori O'Brien

Berkshire Hathaway NE Prop. License #RES.0817022 Listed on: 12/01/2021

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Sasha Torchigina

Torch Real Estate Group License #REB.0793277

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,979

Year Built

  • Built in 1925

Lot Details

  • 9,583 Sq Ft Lot

Home Design

  • Concrete Foundation
  • Asphalt Shingled Roof
  • Concrete Siding
  • Vinyl Siding

Interior Spaces

  • 4,017 Sq Ft Home
  • Walkup Attic
  • Unfinished Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Private Driveway

Location

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

Schools

  • New Britain High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Oil
  • Electric Water Heater
  • Fuel Tank Located in Basement

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,979

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 4017
  • Public Record Living Room Sq Ft: 4017
  • Total Sq Ft: 4017
  • Year Built: 1925
  • Nearby Amenities: Library, Park, Playground/Tot Lot, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 7453
  • Directions: West Main Street, to Burrito Street, to Miller Street to Concord Street.
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Walk-up
  • Basement Description: Unfinished
  • Laundry Room Info: Hook-Up In Unit 2, Hook-Up In Unit 3
  • Attic: Yes

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling System: Wall Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric, Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.2200
  • Lot Description: N/A
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: T

Multi Family

  • Unit Count: 4
  • Total Multi Family: 15
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 6979
  • Mil Rate Base: 49.500
  • Assessor Parcel Number: 641741

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2021
Closed on
Jan 21, 2022
Sold by
Bosque Axel J
Bought by
Pishavar Amirhossein
Seller's Agent
Lori O'Brien
Berkshire Hathaway NE Prop.
Buyer's Agent
Sasha Torchigina
Torch Real Estate Group
List Price
$330,000
Sold Price
$324,000
Premium/Discount to List
-$6,000
-1.82%
Current Estimated Value
$499,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,027
Avg. Annual Appreciation
11.94%
Original Mortgage
$307,800
Outstanding Balance
$283,095
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$215,932

Purchase Details

Closed on
Sep 14, 2009
Sold by
Bosque Joselyne J
Bought by
Bosque Axel J

Purchase Details

Closed on
May 21, 2004
Sold by
Ruiz Anthony and Ruiz Carmen
Bought by
Bosque Axel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,919
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 2, 1997
Sold by
Banach Josephine D and Gay Joan D
Bought by
Ruiz Anthony and Ruiz Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,950
Interest Rate
7.26%
Mortgage Type
Purchase Money Mortgage
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

Date Buyer Sale Price Title Company
Pishavar Amirhossein $324,000 None Available
Bosque Axel J -- --
Bosque Axel J $192,700 --
Ruiz Anthony $93,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pishavar Amirhossein $307,800
Previous Owner Ruiz Anthony $197,611
Previous Owner Ruiz Anthony $19,400
Previous Owner Ruiz Anthony $186,919
Previous Owner Ruiz Anthony $91,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/21/2022 01/21/22 Sold $324,000 -1.8% $81 / Sq Ft
12/08/2021 12/08/21 Pending -- -- --
12/01/2021 12/01/21 For Sale $330,000 -- $82 / 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 $9,797 $250,040 $53,970 $196,070
2024 $9,899 $250,040 $53,970 $196,070
2023 $9,572 $250,040 $53,970 $196,070
2022 $6,979 $140,980 $24,850 $116,130
2021 $6,979 $140,980 $24,850 $116,130
2020 $7,119 $140,980 $24,850 $116,130
2019 $7,119 $140,980 $24,850 $116,130
2018 $7,119 $140,980 $24,850 $116,130
2017 $6,105 $120,890 $22,610 $98,280
2016 $6,105 $120,890 $22,610 $98,280
2015 $5,924 $120,890 $22,610 $98,280
2014 $5,924 $120,890 $22,610 $98,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170454402

SmartMLS

APN: NBRI-000005C-000000-C000041