NOT LISTED FOR SALE

63 Rustic Terrace Bristol, CT 06010

Federal Hill Neighborhood

Estimated Value: $344,016 - $419,000

4 Beds
2 Baths
2,386 Sq Ft
$159/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $230,000 $96 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,498/month

5 Days on Market

Highlights

  • City View
  • No HOA
  • 2 Car Detached Garage
  • Attic
  • Screened Porch
  • Property is near shops and bus stop

About This Home

As of May 2021

GREAT INVESTMENT PROPERTY, STUNNING LOCATION for this spacious 2 family home with detached 2 car garage, located close within walking distance to RT 6 (Farmington Avenue Bristol, CT) shops, bakeries and restaurants.1st and 2nd floor offers 2 bedroom apartments with beautiful wood flooring, wooden columns between living and dining room offering open floor plan, large kitchen with walk-in pantry, separate room for laundry and porch (1st floor open / 2nd floor screened). This two family house offers wide hallway with walk up access to attic for large additional storage space. Full unfinished basement with great storage area. This property offers lots of parking space in addition to the 2 car attached garage (workshop room under garage). Separate entrances, separate utilities, water bill paid every 3 mo. by long term Tenants. MAKE YOUR REALTY DREAMS A REALITY WITH THIS GEM! WON'T LAST LONG!

Last Agent to Sell the Property

Joanna Lutrzykowski

William Raveis Real Estate License #RES.0815607 Listed on: 04/24/2021

William Raveis Real Estate

Last Buyer's Agent

Sabrina McIntyre

Tier 1 Real Estate License #RES.0805544

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,660

Year Built

  • Built in 1920

Lot Details

  • 10,019

Home Design

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

Interior Spaces

  • 2,386 Sq Ft Home
  • Screened Porch
  • Concrete Flooring
  • City Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Attic

  • Attic Floors
  • Storage In Attic
  • Walkup Attic

Unfinished Basement

  • Walk-Out Basement
  • Interior Basement Entry
  • Basement Storage

Parking

  • 2 Car Detached Garage
  • Private Driveway

Schools

  • Bristol Eastern High School

Utilities

  • Floor Furnace
  • Hot Water Heating System
  • Heating System Uses Oil
  • Hot Water Circulator
  • Electric Water Heater
  • Fuel Tank Located in Basement

Additional Features

  • Multiple Entries or Exits
  • 10,019 Sq Ft Lot
  • Property is near shops and bus stop

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Exclusions: As per attached Inclusion / Exclusion Form

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,660

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2386
  • Public Record Living Room Sq Ft: 2386
  • Total Sq Ft: 2386
  • Year Built: 1920
  • Nearby Amenities: Health Club, Medical Facilities, Private School(s), Public Pool, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 2 Family
  • Exclusions: As per attached Inclusion / Exclusion Form
  • Handicap Features: Multiple Entries/Exits
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5347
  • Directions: From Rt 6 turn onto Oakland St 0.1 miles / Turn right onto Rustic Terrace 250 feet / your destination 63-65 Rustic Terrace is on your right.
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Walk-up, Floored, Storage Space
  • Basement Description: Unfinished, Concrete Floor, Interior Access, Walk-out, Storage
  • Laundry Room Location: Laundry room in each apartment
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: Yes

Exterior Features

  • Exterior Features: Porch, Porch-Screened, Sidewalk
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2
  • Driveway Type: Private

Utilities

  • Heat Type: Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: 40 Gallon Tank, Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.2300
  • Lot Description: City Views, N/A
  • Flood Zone: No
  • Zoning: R-15/R

Multi Family

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

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 4660
  • Mil Rate Base: 38.350
  • Tax District Amount: 4660
  • Assessor Parcel Number: 473568

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2023
Sold by
Lamothe Richard
Bought by
Falcon Homes Llc
Current Estimated Value
$378,504

Purchase Details

Listed on
Apr 24, 2021
Closed on
May 25, 2021
Sold by
Lessard Renaud A and Lessard Monique M
Bought by
Lamothe Richard
Seller's Agent
Joanna Lutrzykowski
William Raveis Real Estate
Buyer's Agent
Sabrina McIntyre
Tier 1 Real Estate
List Price
$209,500
Sold Price
$230,000
Premium/Discount to List
$20,500
9.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.41%
Original Mortgage
$195,500
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Falcon Homes Llc -- None Available
Falcon Homes Llc -- None Available
Lamothe Richard -- None Available
Lamothe Richard -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lamothe Richard $195,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2021 05/28/21 Sold $230,000 +9.8% $96 / Sq Ft
04/29/2021 04/29/21 Pending -- -- --
04/24/2021 04/24/21 For Sale $209,500 -- $88 / 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 $6,223 $184,380 $33,810 $150,570
2024 $5,873 $184,380 $33,810 $150,570
2023 $5,596 $184,380 $33,810 $150,570
2022 $4,660 $121,520 $25,620 $95,900
2021 $4,660 $121,520 $25,620 $95,900
2020 $4,660 $121,520 $25,620 $95,900
2019 $4,624 $121,520 $25,620 $95,900
2018 $4,482 $121,520 $25,620 $95,900
2017 $4,525 $125,580 $36,610 $88,970
2016 $4,525 $125,580 $36,610 $88,970
2015 $4,346 $125,580 $36,610 $88,970
2014 $4,346 $125,580 $36,610 $88,970
Source: Public Records

Agents Affiliated with this Home

  • Joanna Lutrzykowski

    Seller's Agent in 2021

    Joanna Lutrzykowski

    William Raveis Real Estate

    (860) 597-8480

    1 in this area

    28 Total Sales

    Joanna Lutrzykowski
    Section Image
  • Sabrina McIntyre

    Buyer's Agent in 2021

    Sabrina McIntyre

    Tier 1 Real Estate

    (860) 999-2818

    3 in this area

    145 Total Sales

    Sabrina McIntyre
    Section Image
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Map

Source: SmartMLS

MLS Number: 170393152

SmartMLS

APN: BRIS-000024-000000-000090

Connecticut Hartford County Bristol 06010 Federal Hill

63 Rustic Terrace, Bristol, CT

Not Listed for Sale

MultiFamily

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