NOT LISTED FOR SALE

542 Arch St New Britain, CT 06051

Estimated Value: $347,403

3 Beds
1.5 Baths
3,000 Sq Ft
$116/Sq Ft Est. Value

Last Sold March 01, 2022

Last sale price $282,500 $94 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,636/month

104 Days on Market

Highlights

  • Corner Lot
  • 4 Car Attached Garage
  • Smart Locks
  • No HOA
  • Smart Appliances
  • Central Air

About This Home

As of March 2022

First level for retail and office; second and third floor apartments.

Last Agent to Sell the Property

Jim Neckermann

Commercial Real Estate Group License #REB.0493825 Listed on: 10/21/2021

Last Buyer's Agent

Jim Neckermann

Commercial Real Estate Group License #REB.0493825 Listed on: 10/21/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,164

Year Built

  • Built in 1910

Lot Details

  • 7,841 Sq Ft Lot
  • Corner Lot

Home Design

  • 3,000 Sq Ft Home
  • Flat Roof Shape
  • Brick Exterior Construction
  • Stone Foundation
  • Flat Tile Roof
  • Masonry Siding
  • Masonry

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Storage

Home Security

  • Smart Lights or Controls
  • Smart Locks

Parking

  • 4 Car Attached Garage
  • Driveway
  • Parking Lot

Schools

  • New Britain High School

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Electric Water Heater

Additional Features

  • Smart Appliances
  • Modified Wall Outlets
  • Energy-Efficient Lighting

Community Details

  • No Home Owners Association
  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,164

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 3000
  • Public Record Living Room Sq Ft: 6334
  • Total Sq Ft: 3000
  • Year Built: 1910
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 10510
  • Tax Year Updated Dt: 10/21/2021
  • Directions: 542 Arch Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement Description: Full With Walk-Out, Storage
  • Laundry Room Info: Hook-Up In Unit 1, Hook-Up In Unit 2, Hook-Up In Unit 3, Washer/Dryer All Units
  • Attic: No
  • Home Automation: Appliances, Electric Outlet(s), Lighting, Lock(s)
  • Street Number Modifier: 542

Exterior Features

  • Exterior Siding: Brick
  • Foundation Type: Stone
  • Roof Information: Flat
  • Swimming Pool: No
  • Construction Description: Brick, Masonry

Garage/Parking

  • Garage Parking Info: Attached Garage, Paved, Parking Lot
  • Garages Number: 4
  • Driveway Type: Paved

Utilities

  • Cooling System: Central Air
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric, Natural Gas
  • Hot Water Description: 50 Gallon Tank, Electric, Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.1800
  • Lot Description: Corner Lot
  • Zoning: B3

Multi Family

  • Unit Count: 1
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 8164
  • Total Assessed Value: 164920
  • Mil Rate Base: 49.500
  • Mil Rate Total: 49.500
  • Assessor Parcel Number: 638808

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
Oct 21, 2021
Closed on
Mar 1, 2022
Sold by
542 Arch St Llc
Bought by
Jaworski Robert
Seller's Agent
Jim Neckermann
Commercial Real Estate Group
Buyer's Agent
Jim Neckermann
Commercial Real Estate Group
List Price
$299,900
Sold Price
$282,500
Premium/Discount to List
-$17,400
-5.8%
Total Days on Market
104
Current Estimated Value
$347,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,903
Avg. Annual Appreciation
6.53%
Original Mortgage
$226,000
Outstanding Balance
$212,660
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$134,743

Purchase Details

Closed on
Aug 27, 2015
Sold by
Alapati Pavan K
Bought by
542 Arch St Llc

Purchase Details

Closed on
Mar 31, 2015
Sold by
Ruepp Josef
Bought by
Alapati Pavan K
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 Buyer Sale Price Title Company
Jaworski Robert $282,500 None Available
542 Arch St Llc -- --
Alapati Pavan K $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jaworski Robert $226,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2022 03/01/22 Sold $282,500 -8.8% $94 / Sq Ft
02/02/2022 02/02/22 Pending -- -- --
11/23/2021 11/23/21 Price Changed $309,900 +3.3% $103 / Sq Ft
10/21/2021 10/21/21 For Sale $299,900 -- $100 / 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 $8,217 $207,550 $27,370 $180,180
2023 $7,945 $207,550 $27,370 $180,180
2022 $8,164 $164,920 $24,010 $140,910
2021 $8,164 $164,920 $24,010 $140,910
2020 $8,328 $164,920 $24,010 $140,910
2019 $8,328 $164,920 $24,010 $140,910
2018 $8,328 $164,920 $24,010 $140,910
2017 $8,049 $159,390 $22,820 $136,570
2016 $8,049 $159,390 $22,820 $136,570
2015 $8,777 $179,130 $22,820 $156,310
2014 $8,777 $179,130 $22,820 $156,310
Source: Public Records

Agents Affiliated with this Home

  • Jim Neckermann

    Seller's Agent in 2022

    Jim Neckermann

    Commercial Real Estate Group

    (860) 883-6312

    1 in this area

    7 Total Sales

    Jim Neckermann
    Section Image
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Map

Source: SmartMLS

MLS Number: 170446449

SmartMLS

APN: NBRI-000009B-000000-C000104

Connecticut Hartford County New Britain 06051

542 Arch St, New Britain, CT

This home is located at 542 Arch St, New Britain, CT 06051 since 21 October 2021 and is currently estimated at $347,403, approximately $115 per square foot. This property was built in 1910. 542 Arch St is a home located in Hartford County with nearby schools including Vance School, Slade Middle School, and Raymond Hill School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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