NOT LISTED FOR SALE
1 Bed
1 Bath
32,106 Sq Ft
0.46 Acres

Last Sold December 22, 2023

Last sale price $1,200,000 $37 Per Sq Ft

56 Days on Market

About This Home

As of December 2023

Farmington Ave is a brick, 30 unit building located in the West End of Hartford. The unit mix consists of 25 residential units and 5 commercial spaces with long term tenants. This asset has central gas heating system and tenant paid electric. The unit mix consists of: 24, 1 bedroom/1 bathroom units and 1, 2 bedroom/1 bathroom unit. The commercial spaces are occupied by: Amigo Market who has been a long term tenant since 2010; Mike Clothier Warehouse has been leasing space for 9 years and their lease expires in 2024; Monte Alban has occupied their space over 10 years and lease expires in 2030. The last 2 spaces are occupied by one tenant. The common areas are being upgraded as well. Brand new $10,000 hot water heating system installed April 2023. Retail tenants pay all utilities. Residential tenants pay electric. Landlord pays heat and hot water. Conventional or cash best option. FHA Self Sufficiency Metric is not met with Rental Amounts.

Last Agent to Sell the Property

Lisa Cozzi

Century 21 AllPoints Realty License #REB.0789668 Listed on: 03/27/2023

Century 21 AllPoints Realty

Last Buyer's Agent

Brandon Rush

Coldwell Banker Commercial NRT License #RES.0824703

Coldwell Banker Commercial NRT

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $65,037

Year Built

  • Built in 1920

Lot Details

  • 0.46 Acre Lot
  • Level Lot

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Concrete Foundation
  • Frame Construction
  • Flat Tile Roof
  • Masonry Siding

Interior Spaces

  • 32,106 Sq Ft Home
  • Unfinished Basement
  • Basement Storage

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • 25 Units

Listing and Financial Details

  • Assessor Parcel Number 599462

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$65,037

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 32106
  • Total Sq Ft: 32106
  • Year Built: 1920
  • New Construction: No/Resale
  • Property Sub Type: Other
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 36617
  • Directions: GPS friendly
  • Financing Used: Private
  • Living Area Sq Ft Per Public Record: 32106
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Basement Description: Unfinished, Storage
  • Attic: No
  • Street Number Modifier: 527

Exterior Features

  • Exterior Siding: Brick
  • Foundation Type: Concrete
  • Roof Information: Flat
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame, Brick

Garage/Parking

  • Garage And Parking: Off Street Parking

Utilities

  • Cooling System: None
  • Heat Type: Steam
  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: Non Applicable
  • Hot Water Description: Electric, Natural Gas
  • Water Source: Public Water Connected, Public Water In Street
  • Sewer: Public Sewer Connected, Public Sewer In Street

Schools

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

Lot Info

  • Acres: 0.46
  • Lot Description: Level Lot
  • Zoning: MS-1
  • Parcel #: 599462

Multi Family

  • Total Number Of Units: 25

Tax Info

  • Property Tax: 65037
  • Total Assessed Value: 943250
  • Mil Rate Total: 68.95

MLS Schools

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

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2023 12/22/23 Sold $1,200,000 -48.9% $37 / Sq Ft
05/22/2023 05/22/23 Pending -- -- --
03/27/2023 03/27/23 For Sale $2,350,000 -- $73 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170558541

SmartMLS