NOT LISTED FOR SALE

701 Albany Ave Hartford, CT 06112

Upper Albany Neighborhood

Estimated Value: $309,672

4 Beds
-- Bath
4,067 Sq Ft
$76/Sq Ft Est. Value

Last Sold October 04, 2019

Last sale price $180,000 $44 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $1,930/month

398 Days on Market

Highlights

  • 1 Fireplace
  • 1 Car Detached Garage
  • Heating System Uses Steam
  • No HOA

About This Home

As of October 2019

BOM due to buyers inability to secure financing. Great opportunity for owner occupant or investor. Property is mixed-use and recently updated with City of Htfd zoning. Property passed FHA appraisal. This easy maintenance, all brick building is 4,467 sqft with three rental units and one commercial space. Great visibility in a high traffic area and on the bus line. Sold AS-IS.

Last Agent to Sell the Property

Vito Cortese

Coldwell Banker Realty License #RES.0791907 Listed on: 06/18/2018

Coldwell Banker Realty

Last Buyer's Agent

Vito Cortese

Coldwell Banker Realty License #RES.0791907 Listed on: 06/18/2018

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,820

Year Built

  • Built in 1920

Lot Details

  • 8,276 Sq Ft Lot

Home Design

  • Brick Exterior Construction
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Masonry Siding

Interior Spaces

  • 4,067 Sq Ft Home
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Parking

  • 1 Car Detached Garage
  • Driveway

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,820

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Neighborhood: Upper Albany
  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 4067
  • Public Record Living Room Sq Ft: 4067
  • Total Sq Ft: 4067
  • Year Built: 1920
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Public Record Gross Sq Ft: 7446
  • Tax Year Updated Dt: 08/05/2019
  • Directions: On Rte 44.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement Description: Full
  • Attic: No

Exterior Features

  • Exterior Siding: Brick
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame, Brick

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 1
  • Driveway Type: Asphalt

Utilities

  • Heat Type: Steam
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.1900
  • Lot Description: N/A
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: B4

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 8820
  • Mil Rate Base: 74.290
  • Assessor Parcel Number: 608364

Multi Family

  • Total Num Of Units: 4

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
Jun 18, 2018
Closed on
Sep 30, 2019
Sold by
Wiggs Wanda
Bought by
Vernon Kerron
Seller's Agent
Vito Cortese
Coldwell Banker Realty
Buyer's Agent
Vito Cortese
Coldwell Banker Realty
List Price
$179,900
Sold Price
$180,000
Premium/Discount to List
$100
0.06%
Current Estimated Value
$309,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,672
Avg. Annual Appreciation
9.32%
Original Mortgage
$176,739
Outstanding Balance
$154,490
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$155,182
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 Buyer Sale Price Title Company
Vernon Kerron $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vernon Kerron $176,739
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2019 10/04/19 Sold $180,000 +0.1% $44 / Sq Ft
07/21/2019 07/21/19 Pending -- -- --
06/06/2019 06/06/19 For Sale $179,900 0.0% $44 / Sq Ft
04/23/2019 04/23/19 Pending -- -- --
01/04/2019 01/04/19 For Sale $179,900 -0.1% $44 / Sq Ft
12/31/2018 12/31/18 Off Market $180,000 -- --
06/18/2018 06/18/18 For Sale $179,900 -- $44 / 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 $13,099 $189,980 $36,680 $153,300
2024 $13,099 $189,980 $36,680 $153,300
2023 $13,099 $189,980 $36,680 $153,300
2022 $8,820 $189,980 $36,680 $153,300
2021 $8,820 $118,720 $29,050 $89,670
2020 $8,820 $118,720 $29,050 $89,670
2019 $8,820 $118,720 $29,050 $89,670
2018 $8,820 $118,720 $29,050 $89,670
2016 $8,580 $115,500 $14,560 $100,940
2015 $7,968 $107,250 $13,520 $93,730
2014 $7,355 $99,000 $12,480 $86,520
Source: Public Records

Agents Affiliated with this Home

  • Vito Cortese

    Seller's Agent in 2019

    Vito Cortese

    Coldwell Banker Realty

    (860) 874-3824

    66 Total Sales

    Vito Cortese
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Map

Source: SmartMLS

MLS Number: 170097439

SmartMLS

APN: HTFD-000198-000216-000157

Connecticut Hartford County Hartford 06112 Upper Albany

701 Albany Ave, Hartford, CT

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