NOT LISTED FOR SALE

540 Franklin Ave Unit 542 Hartford, CT 06114

South End Neighborhood

Estimated Value: $428,000 - $634,830

6 Beds
3 Baths
3,444 Sq Ft
$153/Sq Ft Est. Value

Last Sold February 11, 2022

Last sale price $400,000 $116 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,401/month

7 Days on Market

Highlights

  • Fruit Trees
  • Property is near public transit
  • 5 Car Detached Garage
  • Renzulli Gifted and Talented Academy Rated A-
  • No HOA
  • Enclosed Patio or Porch

About This Home

As of February 2022

Fantastic opportunity to own a well cared for three family in the heart of the South End of Hartford. All units have five rooms, two bedrooms and one full bath. All units are in excellent condition with renovated kitchens and baths. Separate utilities and laundry connections AND a five car garage.

Last Agent to Sell the Property

John Zubretsky

Century 21 AllPoints Realty License #REB.0789539 Listed on: 11/15/2021

Century 21 AllPoints Realty

Last Buyer's Agent

Jason Kemp

Five Stars Realty License #RES.0821174

Five Stars Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,247

Year Built

  • Built in 1926

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot
  • Fruit Trees
  • Garden

Parking

  • 5 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Masonry Siding
  • Vinyl Siding

Interior Spaces

  • 3,444 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Enclosed Patio or Porch
  • Rain Gutters

Location

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

Schools

  • Naylor Elementary School
  • Bulkeley High School

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,247

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Neighborhood: South End
  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 3444
  • Public Record Living Room Sq Ft: 3444
  • Total Sq Ft: 3444
  • Year Built: 1926
  • Nearby Amenities: Park, Public Pool, Public Transportation, Walk to Bus Lines
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 4951
  • Directions: Franklin Ave, just south of Roosevelt Street. No sign.
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Full
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: No

Exterior Features

  • Exterior Features: Fruit Trees, Garden Area, Gutters, Porch, Porch-Enclosed, Sidewalk
  • Exterior Siding: Vinyl Siding, Brick
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame, Brick

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 5

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.1500
  • Lot Description: Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: MS-2

Multi Family

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

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 5247
  • Mil Rate Base: 74.290
  • Assessor Parcel Number: 596674

MLS Schools

  • Elementary School: Naylor
  • High School: Bulkeley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2021
Closed on
Feb 11, 2022
Sold by
Reyes Gladys
Bought by
Bell Tyrohn V
Seller's Agent
John Zubretsky
Century 21 AllPoints Realty
Buyer's Agent
Jason Kemp
Five Stars Realty
List Price
$368,500
Sold Price
$400,000
Premium/Discount to List
$31,500
8.55%
Current Estimated Value
$527,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,708
Avg. Annual Appreciation
7.78%
Original Mortgage
$392,755
Outstanding Balance
$364,007
Interest Rate
3.55%
Mortgage Type
FHA
Estimated Equity
$163,701

Purchase Details

Closed on
Dec 28, 1990
Sold by
Peoples Bank
Bought by
Reyes Gladys

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
9.96%
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
Bell Tyrohn V $400,000 None Available
Reyes Gladys $248,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bell Tyrohn V $392,755
Previous Owner Reyes Gladys $70,000
Previous Owner Reyes Gladys $186,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2022 02/11/22 Sold $400,000 +8.5% $116 / Sq Ft
11/22/2021 11/22/21 Pending -- -- --
11/15/2021 11/15/21 For Sale $368,500 -- $107 / 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 $7,668 $111,206 $9,114 $102,092
2024 $7,668 $111,206 $9,114 $102,092
2023 $7,668 $111,206 $9,114 $102,092
2022 $5,247 $111,206 $9,114 $102,092
2021 $5,247 $70,630 $12,005 $58,625
2020 $5,247 $70,630 $12,005 $58,625
2019 $5,247 $70,630 $12,005 $58,625
2018 $5,070 $68,249 $11,600 $56,649
2016 $4,903 $65,998 $11,048 $54,950
2015 $4,670 $62,863 $10,523 $52,340
2014 $4,556 $61,327 $10,266 $51,061
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170444517

SmartMLS

APN: HTFD-000254-000807-000232