NOT LISTED FOR SALE

587 Arch St New Britain, CT 06051

Estimated Value: $185,000 - $270,000

3 Beds
1.5 Baths
1,294 Sq Ft
$184/Sq Ft Est. Value

Last Sold March 07, 2023

Last sale price $95,000 $73 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $1,770/month

52 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Wood Siding
  • Attic
  • Porch

About This Home

As of March 2023

What a gem of a home this is! Recently renovated from soup to nuts, this 3-bedroom, 1-bath colonial is turn-key and move-in ready! From the welcoming front porch you'll step into the entry and notice the charm and character of days long past, but you'll appreciate the detail and care that has been instrumental in updating to today's standards. Beautifully refinished hardwood floors flow throughout both levels and even into in the 500+ square foot finished attic space. The 1st floor features a spacious and bright living room which flows nicely into the dining room that opens directly to the kitchen, which has been updated with crisp white cabinetry, tile backsplash and granite counters. A half bath and additional room which can be used as a family room, office or overflow space when entertaining can also be found on the main living level. Upstairs you'll find 3 nicely sized bedrooms which have all been painted in neutral, relaxing colors and offer generous closet space and lots of light. On the 3rd floor is a finished attic which would make a great reading nook or gaming area. This home is located close to parks, eateries, stores medical facilities and public transportation lines. Schedule your showing today and be settled in faster than you can say "Pumpkin spice latte!" Heating system not operational-Won't qualify for mortgages.

Last Agent to Sell the Property

Matthew Miale

KW Legacy Partners License #RES.0779469 Listed on: 10/28/2022

KW Legacy Partners

Co-Listed By

Roseann Wright

Great Estates, CT License #RES.0804761

Last Buyer's Agent

Katie O'Neil

Tier 1 Real Estate License #RES.0799531

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,098

Year Built

  • Built in 1914

Lot Details

  • 5,663 Sq Ft Lot
  • Sloped Lot

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 1,294 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms

Attic

  • Walkup Attic
  • Partially Finished Attic

Outdoor Features

  • Rain Gutters
  • Porch

Schools

  • New Britain High School

Utilities

  • Radiator
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,098

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 1294
  • Public Record Living Room Sq Ft: 1294
  • Total Sq Ft: 1294
  • Year Built: 1914
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 2720
  • Directions: Kensington Avenue to Arch Street
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Attic Description: Walk-up, Partially Finished
  • Basement Description: Full
  • Interior Amenities: Cable - Available
  • Attic: Yes
  • Street Number Modifier: 587

Exterior Features

  • Exterior Features: Gutters, Porch
  • Exterior Siding: Shingle, Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: On Street Parking

Utilities

  • Heat Type: Radiator
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Lot Info

  • Acres: 0.1300
  • Lot Description: Sloping Lot, Fence - Partial
  • Zoning: T

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 3098
  • Total Assessed Value: 62580
  • Mil Rate Base: 49.500
  • Mil Rate Total: 49.500
  • Assessor Parcel Number: 638816

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2022
Closed on
Jan 27, 2023
Sold by
Nivla Ken Investments Llc
Bought by
62-64 North Street Llc
Seller's Agent
Matthew Miale
KW Legacy Partners
Buyer's Agent
Katie O'Neil
Tier 1 Real Estate
List Price
$149,900
Sold Price
$95,000
Premium/Discount to List
-$54,900
-36.62%
Total Days on Market
52
Views
444
Current Estimated Value
$238,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,432
Avg. Annual Appreciation
50.80%

Purchase Details

Listed on
Dec 30, 2021
Closed on
Feb 24, 2022
Sold by
Esmail Donald S
Bought by
Nivla Ken Investments
Seller's Agent
Ryan Fehrs
Luxe Estates, Inc
Buyer's Agent
Kay Thomas
William Pitt Sotheby's Int'l
List Price
$89,900
Sold Price
$89,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.56%

Purchase Details

Closed on
Oct 11, 2002
Sold by
Camacho Irza Ocasio and Ocasio Eulalio N
Bought by
Esmail Donald S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,400
Interest Rate
6.24%

Purchase Details

Closed on
Jan 29, 1991
Sold by
Hoar Jeannette W Est
Bought by
Comacho Irza Ocasio and Ocasio Eulalio N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,600
Interest Rate
8.5%
Mortgage Type
Unknown
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
62-64 North Street Llc $95,000 None Available
Nivla Ken Investments $89,900 None Available
Esmail Donald S $63,000 --
Comacho Irza Ocasio $43,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Comacho Irza Ocasio $62,400
Previous Owner Comacho Irza Ocasio $5,500
Previous Owner Comacho Irza Ocasio $84,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2023 03/07/23 Sold $95,000 -36.6% $73 / Sq Ft
02/21/2023 02/21/23 Price Changed $149,900 0.0% $116 / Sq Ft
02/21/2023 02/21/23 For Sale $149,900 +57.8% $116 / Sq Ft
12/19/2022 12/19/22 Off Market $95,000 -- --
12/19/2022 12/19/22 Pending -- -- --
12/01/2022 12/01/22 Price Changed $190,000 -9.1% $147 / Sq Ft
11/14/2022 11/14/22 Price Changed $209,000 -11.0% $162 / Sq Ft
10/28/2022 10/28/22 For Sale $234,900 +161.3% $182 / Sq Ft
02/28/2022 02/28/22 Sold $89,900 0.0% $69 / Sq Ft
01/25/2022 01/25/22 For Sale $89,900 0.0% $69 / Sq Ft
01/19/2022 01/19/22 Off Market $89,900 -- --
12/30/2021 12/30/21 For Sale $89,900 -- $69 / 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 $5,188 $131,040 $26,180 $104,860
2023 $4,976 $129,990 $26,180 $103,810
2022 $3,098 $62,580 $7,490 $55,090
2021 $3,098 $62,580 $7,490 $55,090
2020 $3,160 $62,580 $7,490 $55,090
2019 $3,160 $62,580 $7,490 $55,090
2018 $3,160 $62,580 $7,490 $55,090
2017 $2,881 $57,050 $8,470 $48,580
2016 $2,881 $57,050 $8,470 $48,580
2015 $2,795 $57,050 $8,470 $48,580
2014 $2,795 $57,050 $8,470 $48,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170532522

SmartMLS

APN: NBRI-000008D-000000-D000017