NOT LISTED FOR SALE

61 Mahl Ave Hartford, CT 06120

Clay Arsenal Neighborhood

Estimated Value: $263,000 - $272,432

9 Beds
3 Baths
3,168 Sq Ft
$85/Sq Ft Est. Value

Last Sold July 19, 2024

Last sale price $260,000 $82 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,891/month

4 Days on Market

Highlights

  • Property is near public transit
  • Partially Wooded Lot
  • Public Transportation

About This Home

As of July 2024

Discover an exceptional investment opportunity with this three-family property located in the heart of Hartford. This well-priced gem offers immense potential for both seasoned investors and those looking to enter the lucrative rental market. All units are 3 bedroom units and natural gas heat. First floor is currently occupied, providing immediate rental income. Second Floor is recently remodeled, ready for new tenants or owner-occupants. Third floor is brimming with potential to customize and increase rental value. The backyard is ideal for outdoor activities and tenant enjoyment. Enhance and maximize this property's value, turning it into a consistent cash-flowing asset. Priced competitively, offering a fantastic return on investment. Don't miss out on this rare opportunity to own a multi-family home with substantial upside in Hartford. Whether you're looking to expand your portfolio or make your first investment, this property promises significant rewards. Schedule a viewing today and envision the possibilities! HIGHEST AND BEST OFFERS DUE FRIDAY (5/31) 12PM

Last Agent to Sell the Property

Joseph Snell

Luxe Realty LLC License #REB.0794369 Listed on: 05/27/2024

Last Buyer's Agent

Thomas Chanaca

Chanaca Real Estate License #REB.0793660

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,093

Year Built

  • Built in 1915

Lot Details

  • 4,792 Sq Ft Lot
  • Partially Wooded Lot

Home Design

  • 3,168 Sq Ft Home
  • Concrete Foundation
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Basement

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

Additional Features

  • Property is near public transit
  • Heating System Uses Natural Gas

Community Details

  • 3 Units
  • Public Transportation

Listing and Financial Details

  • Assessor Parcel Number 610064

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,093

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 3168
  • Total Sq Ft: 3168
  • Year Built: 1915
  • New Construction: No/Resale
  • Nearby Amenities: Health Club, Library, Medical Facilities, Park, Private School(s), Public Transportation
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Directions: GPS Friendly
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 3168
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 9
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement Description: Full, Full With Walk-Out
  • Attic: No
  • Street Number Modifier: 61

Exterior Features

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

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: None
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

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

Lot Info

  • Acres: 0.11
  • Lot Description: Lightly Wooded
  • Zoning: NX-1
  • Parcel #: 610064

Multi Family

  • Total Number Of Units: 3

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 5093
  • Total Assessed Value: 73868
  • Mil Rate Total: 68.95

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
May 27, 2024
Closed on
Jul 19, 2024
Sold by
Jsm Investment Llc
Bought by
Azzi Elias and Azzi Yulissa R
Seller's Agent
Joseph Snell
Luxe Realty LLC
Buyer's Agent
Thomas Chanaca
Chanaca Real Estate
List Price
$239,900
Sold Price
$260,000
Premium/Discount to List
$20,100
8.38%
Views
112
Current Estimated Value
$269,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,858
Avg. Annual Appreciation
3.38%
Original Mortgage
$208,000
Outstanding Balance
$205,883
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$63,975

Purchase Details

Closed on
May 8, 2019
Sold by
Tylane Investments Llc
Bought by
Jsm Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,900
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2016
Sold by
Sharfl Llc
Bought by
Lane & Assoc Realty Co L

Purchase Details

Closed on
Dec 14, 2011
Sold by
Lane Marcus
Bought by
Tylane Investments Llc

Purchase Details

Closed on
Dec 23, 2008
Sold by
Deutsche Bank Natl T C
Bought by
Luke Franklyn

Purchase Details

Closed on
Dec 11, 2002
Sold by
Canty Marietta Est and Anderson
Bought by
Anderson Wildred
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
Azzi Elias $260,000 None Available
Azzi Elias $260,000 None Available
Jsm Investments Llc $148,500 --
Jsm Investments Llc $148,500 --
Lane & Assoc Realty Co L $135,000 --
Lane & Assoc Realty Co L $135,000 --
Tylane Investments Llc -- --
Tylane Investments Llc -- --
Luke Franklyn $26,250 --
Luke Franklyn $26,250 --
Anderson Wildred $36,000 --
Anderson Wildred $36,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Azzi Elias $208,000
Closed Azzi Elias $208,000
Previous Owner Jsm Investments Llc $150,000
Previous Owner Jsm Investments Llc $65,000
Previous Owner Jsm Investments Llc $103,900
Previous Owner Tylane Investments Llc $13,400
Previous Owner Anderson Wildred $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2024 07/19/24 Sold $260,000 +8.4% $82 / Sq Ft
05/31/2024 05/31/24 Pending -- -- --
05/27/2024 05/27/24 For Sale $239,900 -- $76 / 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 $5,093 $73,868 $3,344 $70,524
2023 $5,093 $73,868 $3,344 $70,524
2022 $5,093 $73,867 $3,344 $70,523
2021 $3,424 $46,095 $2,975 $43,120
2020 $3,424 $46,095 $2,975 $43,120
2019 $3,424 $46,095 $2,975 $43,120
2018 $3,309 $44,541 $2,875 $41,666
2016 $2,240 $30,149 $2,738 $27,411
2015 $2,133 $28,716 $2,607 $26,109
2014 $2,081 $28,014 $2,544 $25,470
Source: Public Records

Agents Affiliated with this Home

  • Joseph Snell

    Seller's Agent in 2024

    Joseph Snell

    Luxe Realty LLC

    (860) 839-8331

    1 in this area

    279 Total Sales

    Joseph Snell
    Section Image
  • Thomas Chanaca

    Buyer's Agent in 2024

    Thomas Chanaca

    Chanaca Real Estate

    (203) 362-9021

    1 in this area

    26 Total Sales

    Thomas Chanaca
    Section Image
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Map

Source: SmartMLS

MLS Number: 24020695

SmartMLS

APN: HTFD-000242-000234-000042

Connecticut Hartford County Hartford 06120 Clay Arsenal

61 Mahl Ave, Hartford, CT

This home is located at 61 Mahl Ave, Hartford, CT 06120 since 27 May 2024 and is currently estimated at $269,858, approximately $85 per square foot. This property was built in 1915. 61 Mahl Ave is a home located in Hartford County with nearby schools including Capital Preparatory Magnet School, Wish Museum School, and Sand Elementary 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.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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