$277,000
SOLD JUN 8, 2020

638 Allen St New Britain, CT 06053

6 Beds
2 Baths
3,000 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$92 Per Sq Ft

5% Below List Price

98 Days on Market

Highlights

  • Deck
  • Porch
  • Smart Locks
  • No HOA
  • Property is near shops
  • Central Air

About This Home

As of July 2022

GREAT OPPORTUNITY FOR OWNER OCCUPANT - Long term lease in place on first floor unit, $1,650/mo. Buyers can move-in right away or lease 2nd floor unit for income. Newly renovated units with separated tenant storage in the basement! Ample parking available. Well maintained property with experienced owners.

Last Agent to Sell the Property

Michael Osgood

Residential Services Group License #RES.0810042 Listed on: 11/25/2019

Last Buyer's Agent

Cassandra Francois

Coldwell Banker Realty License #RES.0807188

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,861

Year Built

  • Built in 1961

Home Design

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

Interior Spaces

  • 3,000 Sq Ft Home
  • Concrete Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Hatchway
  • Shared Basement
  • Basement Storage

Home Security

  • Smart Lights or Controls
  • Smart Locks
  • Smart Thermostat

Parking

  • Handicap Parking
  • Parking Deck
  • Shared Driveway
  • Paved Parking
  • Unassigned Parking

Outdoor Features

  • Deck
  • Exterior Lighting
  • Breezeway
  • Rain Gutters
  • Porch

Location

  • Property is near shops
  • Property is near a bus stop
  • Property is near a golf course

Schools

  • New Britain High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Fuel Tank Located in Basement

Additional Features

  • Energy-Efficient Lighting
  • 6,098 Sq Ft Lot

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $39,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,861

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 3000
  • Public Record Living Room Sq Ft: 3000
  • Total Sq Ft: 3000
  • Year Built: 1961
  • Nearby Amenities: Basketball Court, Golf Course, Library, Medical Facilities, Playground/Tot Lot, Public Rec Facilities, Shopping/Mall, Walk to Bus Lines
  • Remarks Public Addendum: GREAT OPPORTUNITY FOR OWNER OCCUPANT - Long term lease in place on first floor unit, $1,650/mo. Buyers can move-in right away or lease 2nd floor unit for income! Newly renovated units with separated tenant storage in the basement! Ample parking available.
  • Property Sub Type: 2 Family
  • Handicap Features: Handicap Parking
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Public Record Gross Sq Ft: 6021
  • Directions: Follow GPS navigation. House faces cemetery across the street.
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Shared Basement, Unfinished, Concrete Floor, Hatchway Access, Walk-out, Storage
  • Laundry Room Location: Washer/Dryer for each unit in basement
  • Laundry Room Info: Washer/Dryer All Units
  • Attic: No
  • Home Automation: Lighting, Lock(s), Thermostat(s)
  • Street Number Modifier: 638

Exterior Features

  • Exterior Features: Breezeway, Deck, Gutters, Lighting, Porch, Sidewalk
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved, Unassigned Parking, Driveway
  • Driveway Type: Private, Shared, Paved, Asphalt

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: 40 Gallon Tank, Natural Gas
  • Water Source: Public Water Connected, Public Water In Street
  • Sewer: Public Sewer Connected, Public Sewer In Street
  • Sewer Assess Description: Newly replaced sewer line connected to the street.

Condo/Co-op/Association

  • HOA: No
  • Property Management Type: Unit Owners Association

Schools

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

Lot Info

  • Acres: 0.1400
  • Lot Description: N/A
  • Zoning: R

Multi Family

  • Gross Annual Income: 39600
  • Net Operating Income: 29339
  • Unit Count: 2
  • Total Multi Family: 12
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 6861
  • Total Assessed Value: 135870
  • Mil Rate Base: 50.500
  • Mil Rate Total: 50.500
  • Assessor Parcel Number: 638083

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2019
Closed on
Jun 8, 2020
Sold by
638 Allen Street Llc
Bought by
Smith Phillip
Seller's Agent
Michael Osgood
Residential Services Group
Buyer's Agent
Cassandra Francois
Coldwell Banker Realty
List Price
$292,500
Sold Price
$277,000
Premium/Discount to List
-$15,500
-5.3%
Current Estimated Value
$433,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,759
Avg. Annual Appreciation
9.42%

Purchase Details

Listed on
Jul 9, 2018
Closed on
Sep 10, 2018
Sold by
Roxbury Llc
Bought by
638 Allen Street Llc
Seller's Agent
Jeff
Eagle Eye Realty PLLC
Buyer's Agent
Non Member
Non-Member
List Price
$259,900
Sold Price
$248,000
Premium/Discount to List
-$11,900
-4.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.52%
Original Mortgage
$186,750
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 28, 2009
Sold by
Delgado Lourdes
Bought by
Heslin Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
5.28%

Purchase Details

Closed on
Nov 1, 2005
Sold by
Est Kepa Irene and Denigris Nicholas E
Bought by
Delgado Lourdes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
8.8%
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 Type Sale Price Title Company
Warranty Deed $277,000 None Available
Warranty Deed $249,000 --
Warranty Deed $140,000 --
Deed $205,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $273,692 FHA
Previous Owner $186,750 Purchase Money Mortgage
Previous Owner $105,000 No Value Available
Previous Owner $164,000 No Value Available
Previous Owner $41,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2022 07/05/22 Sold $360,000 +2.9% $120 / Sq Ft
06/03/2022 06/03/22 Pending -- -- --
05/21/2022 05/21/22 For Sale $349,999 +26.4% $117 / Sq Ft
06/08/2020 06/08/20 Sold $277,000 +2.8% $92 / Sq Ft
03/02/2020 03/02/20 Pending -- -- --
02/25/2020 02/25/20 Price Changed $269,500 -2.0% $90 / Sq Ft
02/12/2020 02/12/20 Price Changed $274,900 -3.5% $92 / Sq Ft
01/20/2020 01/20/20 Price Changed $284,900 -2.6% $95 / Sq Ft
11/25/2019 11/25/19 For Sale $292,500 +17.9% $98 / Sq Ft
09/10/2018 09/10/18 Sold $248,000 -4.6% $83 / Sq Ft
07/24/2018 07/24/18 Pending -- -- --
07/09/2018 07/09/18 For Sale $259,900 -- $87 / 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 $7,943 $202,720 $37,520 $165,200
2024 $8,026 $202,720 $37,520 $165,200
2023 $7,760 $202,720 $37,520 $165,200
2022 $6,726 $135,870 $17,290 $118,580
2021 $6,726 $135,870 $17,290 $118,580
2020 $6,861 $135,870 $17,290 $118,580
2019 $6,861 $135,870 $17,290 $118,580
2018 $6,861 $135,870 $17,290 $118,580
2017 $6,303 $124,810 $15,750 $109,060
2016 $6,303 $124,810 $15,750 $109,060
2015 $6,116 $124,810 $15,750 $109,060
2014 $6,116 $124,810 $15,750 $109,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170254635

SmartMLS

APN: NBRI-000005C-000000-A000050