NOT LISTED FOR SALE

61 Madison St New Britain, CT 06051

Estimated Value: $294,870 - $497,000

4 Beds
2 Baths
3,198 Sq Ft
$121/Sq Ft Est. Value

Last Sold November 07, 2022

Last sale price $290,000 $91 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,747/month

5 Days on Market

Highlights

  • Property is near public transit
  • Corner Lot
  • 2 Car Detached Garage
  • Attic
  • No HOA
  • Wrap Around Porch

About This Home

As of November 2022

Great investment opportunity offering very large units at 1600 SF per unit. New roof, 5 year old hot water heaters, Cud-de-sac with private yard, charming front porch plus 2 car garage. Spacious units offer 2-3 bedrooms each and feature wonderful charm including pantry, built-in hutch, pocket doors, balcony off 2nd floor, large walk-up attic which is great for storage. All appliances are as-is.

Last Agent to Sell the Property

Daniel Mayock

Best Real Estate Brokerage LLC License #RES.0818828 Listed on: 09/08/2022

Co-Listed By

Joseph Harvey

Best Real Estate Brokerage LLC License #RES.0808573

Last Buyer's Agent

Maria Rivera

eXp Realty License #RES.0818232

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,683

Year Built

  • Built in 1890

Lot Details

  • 9,583 Sq Ft Lot
  • Cul-De-Sac
  • Corner Lot

Home Design

  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding
  • Asbestos Siding

Interior Spaces

  • 3,198 Sq Ft Home
  • Walkup Attic
  • Home Security System

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 2 Car Detached Garage
  • Driveway

Outdoor Features

  • Wrap Around Porch

Location

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

Schools

  • New Britain High School

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Oil
  • Electric Water Heater
  • Fuel Tank Located in Basement

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,683

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 3198
  • Public Record Living Room Sq Ft: 3198
  • Total Sq Ft: 3198
  • Year Built: 1890
  • Nearby Amenities: Commuter Bus, Golf Course, Medical Facilities, Park, Public Pool, Public Rec Facilities, Public Transportation, Walk to Bus Lines
  • Remarks Public Addendum: Asbestos exists in exterior siding and in material above hot water heater/furnace to second floor.
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 6358
  • Directions: Corbin Ave to Monroe to Madison.- Corner Wallace & Madison
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Walk-up
  • Basement Description: Full With Walk-Out, Unfinished
  • Laundry Room Location: Basement
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: Yes
  • Home Automation: Security System
  • Street Number Modifier: 61

Exterior Features

  • Exterior Features: Porch-Wrap Around
  • Exterior Siding: Aluminum, Asbestos
  • Foundation Type: Brick, Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2
  • Driveway Type: Paved, Asphalt
  • Total Parking Spaces: 4

Utilities

  • Cooling System: Window Unit
  • Heat Type: Radiator
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: 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
  • High School: New Britain

Lot Info

  • Acres: 0.2200
  • Lot Description: On Cul-De-Sac, Corner Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: T

Multi Family

  • Unit Count: 2
  • Total Multi Family: 10
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 5683
  • Total Assessed Value: 114800
  • Mil Rate Base: 49.500
  • Mil Rate Total: 49.500
  • Assessor Parcel Number: 647163

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2022
Closed on
Oct 27, 2022
Sold by
61 Madison Street Llc
Bought by
Santos Angel and Otero Natalie
Seller's Agent
Daniel Mayock
Best Real Estate Brokerage LLC
Buyer's Agent
Maria Rivera
eXp Realty
List Price
$249,000
Sold Price
$290,000
Premium/Discount to List
$41,000
16.47%
Views
115
Current Estimated Value
$386,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,218
Avg. Annual Appreciation
8.79%

Purchase Details

Listed on
Jun 22, 2016
Closed on
Jun 29, 2017
Sold by
Sanford Weston H and Azizian Clara
Bought by
61 Madison Street Llc
Seller's Agent
Kimberly Gates
Gateway Real Estate
Buyer's Agent
Scott Bayne
Century 21 Bay-Mar Realty
List Price
$159,900
Sold Price
$150,000
Premium/Discount to List
-$9,900
-6.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.06%
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
Santos Angel $290,000 None Available
61 Madison Street Llc $150,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2022 11/07/22 Sold $290,000 +16.5% $91 / Sq Ft
09/13/2022 09/13/22 Pending -- -- --
09/08/2022 09/08/22 For Sale $249,000 +66.0% $78 / Sq Ft
06/26/2017 06/26/17 Sold $150,000 -6.2% $47 / Sq Ft
05/06/2017 05/06/17 For Sale $159,900 +6.6% $50 / Sq Ft
04/28/2017 04/28/17 Off Market $150,000 -- --
01/14/2017 01/14/17 For Sale $159,900 0.0% $50 / Sq Ft
01/10/2017 01/10/17 Pending -- -- --
12/29/2016 12/29/16 Price Changed $159,900 -5.9% $50 / Sq Ft
09/13/2016 09/13/16 Price Changed $169,900 -10.6% $53 / Sq Ft
06/22/2016 06/22/16 For Sale $190,000 -- $59 / 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 $7,764 $198,170 $48,090 $150,080
2024 $7,846 $198,170 $48,090 $150,080
2023 $7,586 $198,170 $48,090 $150,080
2022 $5,683 $114,800 $22,190 $92,610
2021 $5,683 $114,800 $22,190 $92,610
2020 $5,797 $114,800 $22,190 $92,610
2019 $5,797 $114,800 $22,190 $92,610
2018 $5,797 $114,800 $22,190 $92,610
2017 $5,896 $116,760 $20,370 $96,390
2016 $5,896 $116,760 $20,370 $96,390
2015 $5,721 $116,760 $20,370 $96,390
2014 $5,721 $116,760 $20,370 $96,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170513676

SmartMLS

APN: NBRI-000008D-000000-D000110