NOT LISTED FOR SALE

57 Vance St New Britain, CT 06052

Estimated Value: $381,000 - $423,000

6 Beds
2 Baths
3,312 Sq Ft
$120/Sq Ft Est. Value

Last Sold September 27, 2024

Last sale price $366,000 $111 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,793/month

40 Days on Market

Highlights

  • Finished Attic
  • 2 Fireplaces
  • Ceiling Fan
  • Attic
  • Porch
  • Private Driveway

About This Home

As of September 2024

Welcome to this conveniently located 2-family home in vibrant New Britain, just moments from New Britain Hospital and picturesque Walnut Hill Park. This property features updated 3-bedroom units with modern stainless steel appliances and fresh paint throughout. The first-floor unit is currently rented, providing immediate rental income. The spacious second-floor unit is available for you to move in or rent out. Enjoy the added benefit of a 2-car garage and a finished attic, ideal for additional storage. Although the home could use some TLC, it offers great potential and is a perfect investment opportunity in the beautiful city of New Britain!

Last Agent to Sell the Property

Jacek Mikolajczyk

Berkshire Hathaway NE Prop. License #RES.0797319 Listed on: 08/13/2024

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Santo Gulino

William Raveis Real Estate License #RES.0782992

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,220

Year Built

  • Built in 1925

Lot Details

  • 6,098

Home Design

  • Concrete Foundation
  • Frame Construction
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 3,312 Sq Ft Home
  • Ceiling Fan
  • 2 Fireplaces
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Attic

  • Storage In Attic
  • Walkup Attic
  • Finished Attic

Parking

  • 2 Car Garage
  • Private Driveway

Utilities

  • Radiator
  • Heating System Uses Natural Gas

Additional Features

  • Porch
  • 6,098 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 652006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,220

Year Built

Built in 1925

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: 3312
  • Total Sq Ft: 3312
  • Year Built: 1925
  • New Construction: No/Resale
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Directions: gps friendly
  • Financing Used: Conventional Fixed
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Fireplaces: 2
  • Attic Description: Storage Space, Finished, Walk-up
  • Basement Description: Full, Unfinished
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: Yes

Exterior Features

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

Garage/Parking

  • Garages Number: 2
  • Driveway Type: Private
  • Total Parking Spaces: 6
  • Garage And Parking: Detached Garage, Paved, Off Street Parking, Driveway

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Radiator
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas, 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Lot Info

  • Acres: 0.14
  • Lot Description: City Views Level Lot
  • Zoning: S2
  • Parcel #: 652006

Multi Family

  • Total Number Of Units: 2

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 8220

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2024
Closed on
Sep 27, 2024
Sold by
Luppino 2Nd Richard J Est and Kostaniak
Bought by
Rios Milagros and Rios Miguel
Seller's Agent
Jacek Mikolajczyk
Berkshire Hathaway NE Prop.
Buyer's Agent
Santo Gulino
William Raveis Real Estate
List Price
$285,000
Sold Price
$366,000
Premium/Discount to List
$81,000
28.42%
Views
66
Current Estimated Value
$398,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,920
Avg. Annual Appreciation
8.99%
Original Mortgage
$274,500
Outstanding Balance
$271,690
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$127,230

Purchase Details

Listed on
Feb 15, 2022
Closed on
Apr 29, 2022
Sold by
Ramiz Malik A and Ramiz Cheryl A
Bought by
Luppino Richard J
Seller's Agent
Sharon Stabile
Vision Real Estate
Buyer's Agent
Joseph Snell
Luxe Realty LLC
List Price
$285,000
Sold Price
$300,000
Premium/Discount to List
$15,000
5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.56%
Original Mortgage
$294,566
Interest Rate
4.16%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 30, 2004
Sold by
Chan Kam
Bought by
Ramiz Malik A and Ramiz Cheryl L

Purchase Details

Closed on
Nov 30, 1994
Sold by
Verrillo Philip and Verrillo Peter
Bought by
Kamchan
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rios Milagros $366,000 None Available
Rios Milagros $366,000 None Available
Luppino Richard J $300,000 None Available
Luppino Richard J $300,000 None Available
Ramiz Malik A $223,000 --
Ramiz Malik A $223,000 --
Kamchan $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rios Milagros $274,500
Closed Rios Milagros $274,500
Previous Owner Luppino Richard J $294,566
Previous Owner Kamchan $236,615
Previous Owner Kamchan $55,531
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2024 09/27/24 Sold $366,000 +28.4% $111 / Sq Ft
08/17/2024 08/17/24 For Sale $285,000 -5.0% $86 / Sq Ft
04/29/2022 04/29/22 Sold $300,000 +5.3% $91 / Sq Ft
02/28/2022 02/28/22 Pending -- -- --
02/23/2022 02/23/22 For Sale $285,000 -- $86 / 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 $8,135 $207,620 $42,910 $164,710
2024 $8,220 $207,620 $42,910 $164,710
2023 $7,948 $207,620 $42,910 $164,710
2022 $5,780 $116,760 $19,740 $97,020
2021 $5,780 $116,760 $19,740 $97,020
2020 $5,896 $116,760 $19,740 $97,020
2019 $5,896 $116,760 $19,740 $97,020
2018 $5,896 $116,760 $19,740 $97,020
2017 $5,663 $112,140 $18,130 $94,010
2016 $5,663 $112,140 $18,130 $94,010
2015 $5,495 $112,140 $18,130 $94,010
2014 $5,495 $112,140 $18,130 $94,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24039676

SmartMLS

APN: NBRI-000008B-000000-D000061