$235,000
SOLD JUL 10, 2024

50 Walnut St New Britain, CT 06051

6 Beds
2 Baths
3,255 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$72 Per Sq Ft

18% Above List Price

7 Days on Market

Highlights

  • Property is near public transit
  • Corner Lot
  • Public Transportation
  • Attic
  • Porch

About This Home

As of July 2024

Spacious 2 family in need of rehab! Perfect for investors or flippers looking for their next renovation project! Large units with 3 bedrooms and 1 bath ach. Full basement and walk up attic. Separate heat and electric per unit. Laundry hookups in basement. Convenient parking on side and rear of property. Located within walking distance to downtown area, busline and hospital. Property sold in as-is condition. Sale is subject to probate court approval. Won't qualify for VA, FHA or CHFA financing.

Last Agent to Sell the Property

Jeff

Eagle Eye Realty PLLC License #RES.0776696 Listed on: 04/16/2024

Last Buyer's Agent

Christopher John Mentley

New Haus Group LLC License #RES.0824776

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,219

Year Built

  • Built in 1880

Lot Details

  • 4,356 Sq Ft Lot
  • Corner Lot

Home Design

  • 3,255 Sq Ft Home
  • Brick Foundation
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Attic

  • Walkup Attic
  • Unfinished Attic

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Outdoor Features

  • Porch

Location

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

Schools

  • New Britain High School

Utilities

  • Radiator
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Fuel Tank Located in Basement

Community Details

  • 2 Units
  • Public Transportation

Listing and Financial Details

  • Assessor Parcel Number 652309

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,219

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 3255
  • Total Sq Ft: 3255
  • Year Built: 1880
  • New Construction: No/Resale
  • Nearby Amenities: Library, Medical Facilities, Park, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Arch St. to Walnut St. Property located on corner of Walnut and Prospect.
  • Financing Used: Cash
  • Living Area Sq Ft Per Public Record: 3255
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Attic Description: Unfinished, Walk-up
  • Basement Description: Full, Unfinished, Storage
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: Yes
  • Street Number Modifier: 50

Exterior Features

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

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: None
  • Heat Type: Radiator
  • Heat Fuel Type: Natural Gas, Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Natural Gas, 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

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

Lot Info

  • Acres: 0.1
  • Lot Description: Corner Lot
  • Zoning: OP
  • Parcel #: 652309

Multi Family

  • Total Number Of Units: 2

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 6219
  • Total Assessed Value: 162470
  • Mil Rate Total: 38.28

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2024
Closed on
Jul 9, 2024
Sold by
Johnson Jonathan D Est and Barbieri
Bought by
R & J Group Llc
Seller's Agent
Jeff
Eagle Eye Realty PLLC
Buyer's Agent
Christopher John Mentley
New Haus Group LLC
List Price
$199,900
Sold Price
$235,000
Premium/Discount to List
$35,100
17.56%
Total Days on Market
7
Views
156
Current Estimated Value
$308,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,897
Avg. Annual Appreciation
40.40%
Original Mortgage
$249,000
Outstanding Balance
$247,131
Interest Rate
7.03%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$70,728

Purchase Details

Closed on
Aug 2, 2010
Sold by
Whiting Street Assoc L
Bought by
Johnson Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 3, 2009
Sold by
Hsbc Bank Usa
Bought by
Whiting Street Assoc L

Purchase Details

Closed on
Mar 27, 2009
Sold by
Rattigan Rayon
Bought by
Hsbc Bank Usa Tr

Purchase Details

Closed on
Feb 1, 2007
Sold by
Linton Realty Llc
Bought by
Rattigan Rayon

Purchase Details

Closed on
May 8, 2001
Sold by
Gellerman Jeff
Bought by
Linton Paulette

Purchase Details

Closed on
May 2, 1994
Sold by
Geneva Holding Co Llc
Bought by
Gellerman Jeffrey

Purchase Details

Closed on
Jan 27, 1993
Sold by
Onyx Prop Rt
Bought by
Ge Capital Asset Mngmt
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Executors Deed $235,000 None Available
Executors Deed $235,000 None Available
Warranty Deed $139,900 --
Warranty Deed $139,900 --
Warranty Deed $45,000 --
Warranty Deed $45,000 --
Foreclosure Deed -- --
Foreclosure Deed -- --
Warranty Deed $190,000 --
Warranty Deed $190,000 --
Warranty Deed $58,833 --
Warranty Deed $58,833 --
Warranty Deed $50,400 --
Warranty Deed $10,000 --
Warranty Deed $10,000 --
Not Resolvable $41,875 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $249,000 Purchase Money Mortgage
Closed $249,000 Purchase Money Mortgage
Previous Owner $138,000 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2024 07/10/24 Sold $235,000 +17.6% $72 / Sq Ft
04/23/2024 04/23/24 Pending -- -- --
04/16/2024 04/16/24 For Sale $199,900 -- $61 / 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
2024 $6,432 $162,470 $26,250 $136,220
2023 $6,219 $162,470 $26,250 $136,220
2022 $5,208 $105,210 $7,490 $97,720
2021 $5,208 $105,210 $7,490 $97,720
2020 $5,313 $105,210 $7,490 $97,720
2019 $5,313 $105,210 $7,490 $97,720
2018 $5,313 $105,210 $7,490 $97,720
2017 $5,730 $113,470 $8,470 $105,000
2016 $5,730 $113,470 $8,470 $105,000
2015 $5,560 $113,470 $8,470 $105,000
2014 $5,560 $113,470 $8,470 $105,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24010481

SmartMLS

APN: NBRI-000008B-000000-C000033