NOT LISTED FOR SALE

633 Arch St New Britain, CT 06051

Estimated Value: $337,514 - $442,000

6 Beds
3 Baths
3,168 Sq Ft
$122/Sq Ft Est. Value

Last Sold June 24, 2022

Last sale price $290,000 $92 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,924/month

8 Days on Market

Highlights

  • No HOA
  • Porch
  • Hot Water Circulator
  • 6 Car Detached Garage
  • Central Air
  • Baseboard Heating

About This Home

As of June 2022

Great investment opportunity for this fully rented 3 family home with 2 large 1200+ square foot apartments and a smaller 3rd floor apartment that has 2 bedrooms as well, plus a 6 car garage for added income potential. A variety of updates have been done over the years to keep this property in good condition and some of the approximate ages of the essentials; roof on home 17 years, roof on garage 5 years, 3rd floor gas boiler 15 years, 2nd floor oil boiler 20 years, and 1st floor oil furnace unknown. Replacement windows approximately 17 years old on 1st and 3rd floors, 2nd floor windows about 10 years old, The electrical is updated (2004) with owners panel, separate oil tanks and gas water heaters, laundry hook ups for 1st and 3rd floor is in the basement, 2nd floor hook ups are in the unit. The 1st floor apartment is large and open with central air and an enclosed side porch area and features formal living room, dining room, 2 bedrooms and island kitchen. The second floor has the same expansive layout plus an enclosed deck/balcony as well. The driveway and parking area is paved and in good shape with plenty of parking all on a nice lot with a yard. Tenants in place would like to stay and are currently month to month. Don't miss your opportunity to get a great turn key investment property.

Last Listed By

Kevin Harris

KW Legacy Partners License #REB.0793398 Listed on: 04/28/2022

KW Legacy Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,511

Year Built

  • Built in 1900

Lot Details

  • 0.25 Acre Lot
  • Level Lot

Home Design

  • Concrete Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • 3,168 Sq Ft Home
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • 6 Car Detached Garage
  • Driveway

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Hot Water Circulator
  • Oil Water Heater
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association
  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,511

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 3168
  • Public Record Living Room Sq Ft: 3168
  • Total Sq Ft: 3168
  • Year Built: 1900
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5512
  • Directions: GPS friendly
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Laundry Room Location: 1st and 3rd hook ups in base,2nd in unit
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: No
  • Street Number Modifier: 633

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 6
  • Driveway Type: Paved

Utilities

  • Cooling System: Central Air
  • Heat Type: Baseboard, Hot Air, Hot Water
  • Heat Fuel Type: Natural Gas, Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Natural Gas, Oil
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.2500
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: B3

Multi Family

  • Unit Count: 3
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 6511
  • Total Assessed Value: 131530
  • Mil Rate Base: 49.500
  • Mil Rate Total: 49.500
  • Assessor Parcel Number: 638825

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2004
Sold by
Tyropolis John and Tyropolis Carol
Bought by
Ellison Christopher and Smith Lisa
Total Days on Market
8
Current Estimated Value
$386,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,966
Interest Rate
5.81%

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
Ellison Christopher $189,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ellison Christopher $152,104
Closed Ellison Christopher $215,823
Closed Ellison Christopher $186,966
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2022 06/24/22 Sold $290,000 -3.3% $92 / Sq Ft
05/16/2022 05/16/22 Pending -- -- --
05/07/2022 05/07/22 For Sale $299,900 -- $95 / 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 $9,120 $230,370 $38,920 $191,450
2023 $8,819 $230,370 $38,920 $191,450
2022 $6,511 $131,530 $17,920 $113,610
2021 $6,511 $131,530 $17,920 $113,610
2020 $6,642 $131,530 $17,920 $113,610
2019 $6,642 $131,530 $17,920 $113,610
2018 $6,642 $131,530 $17,920 $113,610
2017 $6,186 $122,500 $16,450 $106,050
2016 $6,186 $122,500 $16,450 $106,050
2015 $6,003 $122,500 $16,450 $106,050
2014 $6,003 $122,500 $16,450 $106,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170476196

SmartMLS

APN: NBRI-000008D-000000-D000097