NOT LISTED FOR SALE

63 Lyons St New Britain, CT 06052

Estimated Value: $448,259 - $568,000

6 Beds
3 Baths
4,140 Sq Ft
$124/Sq Ft Est. Value

Last Sold November 27, 2024

Last sale price $420,000 $101 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,393/month

37 Days on Market

Highlights

  • Baseboard Heating
  • Level Lot
  • 3-minute walk to Martha Hart Park

About This Home

As of November 2024

Welcome to 63 Lyons Street, a splendid 3-family home that perfectly blends charm and functionality in the heart of New Britain! This exceptional property offers a fantastic opportunity for both investors and families seeking a versatile living arrangement with additional rental income potential. Each of the three spacious units is thoughtfully designed, providing a comfortable and inviting living space. The home features modern updates throughout, ensuring that it combines classic charm with contemporary convenience. With separate utilities for each unit, managing the property is simplified, and operating costs are kept low, making it an attractive investment. Situated in a desirable New Britain neighborhood, this property benefits from its proximity to local amenities, including schools, parks, shopping, and public transportation, adding to its appeal for potential tenants. The property also includes off-street parking and a manageable outdoor area, perfect for relaxation or gatherings.Whether you're looking to invest in a property with strong income potential or seeking a multi-generational living solution where family members can reside close to one another while maintaining their own space, 63 Lyons Street is a must-see. The property has been meticulously cared for, showcasing pride of ownership in its well-maintained interiors and updated features. Don't miss this opportunity to own a property that offers both practicality and potential.

Last Agent to Sell the Property

Guillermo Araujo

Five Stars Realty License #REB.0794500 Listed on: 08/01/2024

Five Stars Realty

Last Buyer's Agent

Qin Lin

Sovereign Properties License #RES.0810423

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,259

Year Built

  • Built in 1925

Lot Details

  • 6,970 Sq Ft Lot
  • Level Lot

Parking

  • 3 Car Garage

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 4,140 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 647119

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,259

Year Built

Built in 1925

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 4140
  • Total Sq Ft: 4140
  • Year Built: 1925
  • New Construction: No/Resale
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Directions: Shuttle Meadow Avenue to Lyons Street
  • Financing Used: Conventional Fixed
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement Description: Full
  • Attic: No

Exterior Features

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

Garage/Parking

  • Garages Number: 3
  • Garage And Parking: Detached Garage

Utilities

  • Cooling System: None
  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Lot Info

  • Acres: 0.16
  • Lot Description: Level Lot
  • Zoning: T
  • Parcel #: 647119

Multi Family

  • Total Number Of Units: 3

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 9259

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 1, 2024
Closed on
Nov 22, 2024
Sold by
Bermudez Elvis and Espinar Caesar
Bought by
Yan Jiaxiong
Seller's Agent
Guillermo Araujo
Five Stars Realty
Buyer's Agent
Qin Lin
Sovereign Properties
List Price
$429,900
Sold Price
$420,000
Premium/Discount to List
-$9,900
-2.3%
Views
305
Current Estimated Value
$511,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,815
Avg. Annual Appreciation
17.59%
Original Mortgage
$315,000
Outstanding Balance
$311,980
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$199,835

Purchase Details

Closed on
May 1, 2003
Sold by
Morgan Stanley T
Bought by
Bermudez Elvis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,910
Interest Rate
5.82%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Yan Jiaxiong $420,000 None Available
Yan Jiaxiong $420,000 None Available
Bermudez Elvis $200,000 --
Bermudez Elvis $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yan Jiaxiong $315,000
Closed Yan Jiaxiong $315,000
Previous Owner Bermudez Elvis $196,910
Previous Owner Bermudez Elvis $15,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2024 11/27/24 Sold $420,000 -2.3% $101 / Sq Ft
09/22/2024 09/22/24 Pending -- -- --
08/15/2024 08/15/24 For Sale $429,900 -- $104 / Sq Ft
Source: SmartMLS

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 $9,163 $233,870 $44,240 $189,630
2024 $9,259 $233,870 $44,240 $189,630
2023 $8,953 $233,870 $44,240 $189,630
2022 $6,573 $132,790 $20,370 $112,420
2021 $6,573 $132,790 $20,370 $112,420
2020 $6,706 $132,790 $20,370 $112,420
2019 $6,706 $132,790 $20,370 $112,420
2018 $6,706 $132,790 $20,370 $112,420
2017 $6,232 $123,410 $18,690 $104,720
2016 $6,232 $123,410 $18,690 $104,720
2015 $6,047 $123,410 $18,690 $104,720
2014 $6,047 $123,410 $18,690 $104,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24037187

SmartMLS

APN: NBRI-000008D-000000-D000181

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