NOT LISTED FOR SALE

50 Olive St New Britain, CT 06051

Estimated Value: $427,000 - $571,000

7 Beds
4.5 Baths
5,728 Sq Ft
$87/Sq Ft Est. Value

Last Sold September 29, 2017

Last sale price $261,700 $46 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $3,390/month

Highlights

  • Contemporary Architecture
  • Finished Attic
  • No HOA
  • Property is near public transit
  • Attic
  • Public Transportation

About This Home

As of November 2019

Renters take notice!!! 3rd Floor Unit with additional living space in the attic. 3 total bedrooms, with options for a 4/5th bedroom in the attic, and 1 full bathroom. Laundry Hook Ups in the Unit. 1 private parking space included. Plenty of on street parking. Water, snow removal, and landscaping provided by the owner.
No Dogs, pets, or smoking Allowed.
Background check and credit check to be provided by tenant. 2 Months Security Deposit Required.

Last Agent to Rent the Property

Victor Santana

Santana Realty Group LLC License #REB.0793797 Listed on: 10/16/2019

Co-Listed By

Marcin Janicki

eXp Realty License #REB.0791927

Last Renter's Agent

Victor Santana

Santana Realty Group LLC License #REB.0793797 Listed on: 10/16/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,155

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Property is zoned TOD-EM-2

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • 5,728 Sq Ft Home
  • Ceiling Fan
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Cooktop
  • Range Hood

Bedrooms and Bathrooms

  • 7 Bedrooms

Attic

  • Walkup Attic
  • Finished Attic

Parking

  • Private Driveway
  • Paved Parking
  • On-Street Parking
  • Parking Lot

Location

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

Schools

  • Chamberlain Primary Elementary School
  • New Britain High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Hot Water Circulator

Community Details

  • No Home Owners Association
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,155

Year Built

Built in 1900

Lot Details

0

Rental Info

  • Landlord Requirements: Credit Check, References Required, Security Deposit, Lease Required
  • Landlord Responsibility: Exterior Maintenance, Grounds Maintenance, Hot Water, Insurance, Maintenance/Repairs, Mechanicals, Parking, Property Management, Real Estate Taxes, Sewer, Snow Removal, Structural Maintenace, Water
  • Lease Price Description: Per Month
  • Pets Allowed: No
  • Rental Duration: Yearly Unfurnished
  • Security Deposit Details: 2 Months
  • Smoking Allowed: No
  • Tenant Responsibility: Air Conditioning, Cable TV, Credit Check, Electricity, Heat, Liability Insurance, Trash Service

Listing Details

  • Property Type: Residential Rental
  • Style: Contemporary
  • Sq Ft Est Heated Above Grade: 5728
  • Public Record Living Room Sq Ft: 5728
  • Total Sq Ft: 5728
  • Year Built: 1900
  • Nearby Amenities: Commuter Bus, Public Transportation, Walk to Bus Lines
  • Property Sub Type: Multi-Family Rental
  • Direct Waterfront: No
  • End Unit: No
  • Unit On Floor Number: 3
  • Public Record Gross Sq Ft: 6798
  • Directions: Exit 26, take ramp right toward Downtown New Britain CT-71 N / Harry S Truman Overpass CT-71 N / Martin Luther King Dr Right on Stanley Street and then a right onto Olive Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Attic Description: Walk-up, Finished, Heated
  • Basement Description: Full, Liveable Space
  • Appliances: Electric Cooktop, Range Hood, Refrigerator, Freezer
  • Laundry Room Location: In Unit Hook Ups
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: Yes
  • Street Number Modifier: 50

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Paved, On Street Parking, Parking Lot
  • Driveway Type: Private, Paved

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Baseboard, Hot Water, 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

  • Levels In Unit: 2
  • HOA: No

Schools

  • Elementary School: Chamberlain Primary
  • High School: New Britain

Lot Info

  • Acres: 0.1200
  • Flood Zone: No
  • Zoning: TOD-EM-2

Multi Family

  • Total Num Of Units: 3

Tax Info

  • Assessor Parcel Number: 648626

MLS Schools

  • Elementary School: Chamberlain Primary
  • High School: New Britain

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2017
Closed on
Oct 2, 2017
Sold by
Onyx Investments Llc
Bought by
Rodriguez Juan P
Seller's Agent
Anna Zastem Macchio
William Raveis Real Estate
Buyer's Agent
Ilka Torres
Torbello Real Estate Advisors
List Price
$249,900
Sold Price
$261,700
Premium/Discount to List
$11,800
4.72%
Current Estimated Value
$495,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,799
Avg. Annual Appreciation
8.26%
Original Mortgage
$256,959
Outstanding Balance
$217,885
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$277,614

Purchase Details

Listed on
Jan 11, 2017
Closed on
Mar 6, 2017
Sold by
Deutsche Bk Natl T Co
Bought by
Onyx Investments Llc
Seller's Agent
James Calafiore
Agnelli Real Estate
Buyer's Agent
Tammy Collins
Agnelli Real Estate
List Price
$67,600
Sold Price
$112,500
Premium/Discount to List
$44,900
66.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
328.70%
Original Mortgage
$100,000
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 2016
Sold by
Perez Aida and Deutsche Bk Natl T Co
Bought by
Deutsche Bk Natl T Co

Purchase Details

Closed on
Oct 15, 2003
Sold by
Lehn Stephen R
Bought by
Vazguez Aicta and Perez Rene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,900
Interest Rate
8.25%

Purchase Details

Closed on
Nov 4, 2002
Sold by
Beaupre Robert
Bought by
Lehn Stephen R
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
Rodriguez Juan P $261,700 --
Rodriguez Juan P $261,700 --
Onyx Investments Llc $112,500 --
Onyx Investments Llc $112,500 --
Deutsche Bk Natl T Co -- --
Deutsche Bk Natl T Co -- --
Vazguez Aicta $141,000 --
Lehn Stephen R $115,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Juan P $256,959
Closed Rodriguez Juan P $256,959
Previous Owner Onyx Investments Llc $100,000
Previous Owner Lehn Stephen R $126,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/15/2019 11/15/19 Rented $1,450 0.0% --
10/16/2019 10/16/19 For Rent $1,450 0.0% --
09/29/2017 09/29/17 Sold $261,700 +4.7% $49 / Sq Ft View Prior Sale
05/21/2017 05/21/17 Pending -- -- --
05/17/2017 05/17/17 For Sale $249,900 +122.1% $47 / Sq Ft
03/03/2017 03/03/17 Sold $112,500 +66.4% $21 / Sq Ft View Prior Sale
01/27/2017 01/27/17 Pending -- -- --
01/11/2017 01/11/17 For Sale $67,600 -- $13 / 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 $9,155 $233,660 $25,760 $207,900
2024 $9,251 $233,660 $25,760 $207,900
2023 $8,945 $233,660 $25,760 $207,900
2022 $6,826 $137,900 $11,900 $126,000
2021 $6,826 $137,900 $11,900 $126,000
2020 $6,964 $137,900 $11,900 $126,000
2019 $6,964 $137,900 $11,900 $126,000
2018 $5,879 $116,410 $11,900 $104,510
2017 $5,532 $109,550 $11,900 $97,650
2016 $5,532 $109,550 $11,900 $97,650
2015 $5,368 $109,550 $11,900 $97,650
2014 $5,368 $109,550 $11,900 $97,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170245215

SmartMLS

APN: NBRI-000007D-000000-B000002