$230,000
SOLD SEP 9, 2020

70 Lorraine St New Britain, CT 06051

6 Beds
2 Baths
2,666 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$86 Per Sq Ft

15% Above List Price

5 Days on Market

Highlights

  • Attic
  • Shed
  • Baseboard Heating
  • Storm Windows
  • Hot Water Circulator
  • Private Driveway

About This Home

As of September 2020

This large well built 2-family home is great for either an owner occupied home or an investor. Each unit features 3 large bedrooms, an eat in kitchen, huge living room and spacious bathroom. Every bit of space has been well used from the 2nd floor apartment large pantry to under stairs storage for the first floor apartment. The home features gas heat and hot water, and a 10 year old roof.
If you are looking for an income producing property that needs a little updating but is in great condition then schedule your showing today.
Home is being sold "as is"

Professional photos coming soon!

Last Agent to Sell the Property

John Bruno

Keller Williams Realty License #RES.0807056 Listed on: 07/26/2020

Keller Williams Realty

Last Buyer's Agent

Stanley Francis

Citi Realty Group License #REB.0790390

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,048

Year Built

  • Built in 1985

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 2,666 Sq Ft Home
  • Concrete Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Attic

  • Storage In Attic
  • Walkup Attic

Basement

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

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • Private Driveway
  • Off-Street Parking

Outdoor Features

  • Shed

Schools

  • New Britain High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Hot Water Circulator

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,048

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2666
  • Public Record Living Room Sq Ft: 2666
  • Total Sq Ft: 2666
  • Year Built: 1985
  • Remarks Public Addendum: Approximate Room sizes are: Eat in Kitchen 15 x 14 Living Room 15 x 17 Main Bedroom 12 x 15 Bedroom 2 10 x 15 Bedroom 3 10 x 16
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 4367
  • Directions: Allen Street to Dixon, follow to Lorraine
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Walk-up, Storage Space
  • Basement Description: Full With Walk-Out, Concrete Floor, Interior Access
  • Laundry Room Location: Washer Dryer hookups in basement.
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: Yes
  • Street Number Modifier: 70

Exterior Features

  • Exterior Features: Shed
  • Exterior Siding: Aluminum
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Private, Paved, Asphalt

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard, Hot Water
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: 40 Gallon Tank, Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

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

Green Features

  • Energy Features: Storm Doors, Storm Windows

Lot Info

  • Acres: 0.1700
  • Lot Description: Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: T

Multi Family

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

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 6048
  • Total Assessed Value: 119770
  • Mil Rate Base: 50.500
  • Mil Rate Total: 50.500
  • Assessor Parcel Number: 646987

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2020
Closed on
Sep 5, 2020
Sold by
Tinyszin Victor and Tinyszin Ihor
Bought by
Feliciano Luis
Seller's Agent
John Bruno
Keller Williams Realty
Buyer's Agent
Stanley Francis
Citi Realty Group
List Price
$199,900
Sold Price
$230,000
Premium/Discount to List
$30,100
15.06%
Current Estimated Value
$355,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,337
Avg. Annual Appreciation
10.43%
Original Mortgage
$225,834
Outstanding Balance
$201,321
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$172,301
Source: Public Records

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Range of Values:

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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 $230,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $50,000 Stand Alone Refi Refinance Of Original Loan
Open $225,834 FHA
Previous Owner $117,400 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Rented $1,500 0.0% --
06/26/2023 06/26/23 Under Contract -- -- --
06/21/2023 06/21/23 For Rent $1,500 0.0% --
09/09/2020 09/09/20 Sold $230,000 +15.1% $86 / Sq Ft
07/31/2020 07/31/20 Pending -- -- --
07/26/2020 07/26/20 For Sale $199,900 -- $75 / 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 $7,131 $182,000 $45,780 $136,220
2024 $7,205 $182,000 $45,780 $136,220
2023 $6,967 $182,000 $45,780 $136,220
2022 $5,929 $119,770 $15,190 $104,580
2021 $5,929 $119,770 $15,190 $104,580
2020 $6,048 $119,770 $15,190 $104,580
2019 $6,048 $119,770 $15,190 $104,580
2018 $6,048 $119,770 $15,190 $104,580
2017 $6,130 $121,380 $15,820 $105,560
2016 $6,130 $121,380 $15,820 $105,560
2015 $5,948 $121,380 $15,820 $105,560
2014 $5,948 $121,380 $15,820 $105,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170320403

SmartMLS

APN: NBRI-000006B-000000-B000079