$286,000
SOLD APR 9, 2025

71 Wallace St New Britain, CT 06051

4 Beds
2 Baths
3,008 Sq Ft
0.25 Acres

Recently Sold

$95 Per Sq Ft

12% Below List Price

155 Days on Market

Highlights

  • Partially Wooded Lot
  • Hot Water Circulator
  • Hot Water Heating System

About This Home

As of April 2025

Welcome to this spacious 3,000+ sq. ft. home, perfect for entertaining! This property boasts a large, updated kitchen with ample counter space and large cabinets making it ideal for cooking and hosting. Step outside to an inviting exterior entertaining space, perfect for gatherings or quiet evenings under the stars. With flexible living spaces and ample natural light this home has the ideal balance of comfort and sophistication. Don't miss out on this one-of-a-kind opportunity!

Last Agent to Sell the Property

Timothy Johnson

LPT Realty License #RES.0814340 Listed on: 11/01/2024

LPT Realty

Last Buyer's Agent

Nicholas Desouza

Real Broker CT, LLC License #RES.0826622

Real Broker CT, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,985

Year Built

  • Built in 1890

Lot Details

  • 0.25 Acre Lot
  • Partially Wooded Lot

Parking

  • 1 Car Garage

Home Design

  • Gable Roof Shape
  • Concrete Foundation
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 3,008 Sq Ft Home
  • Partially Finished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 652291

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,985

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Single Family For Sale
  • Style: Other
  • Sq Ft Est Heated Above Grade: 3008
  • Total Sq Ft: 3008
  • Year Built: 1890
  • New Construction: No/Resale
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: GPS Friendly
  • Financing Used: Other
  • Living Area Sq Ft Per Public Record: 3008
  • Street Type: Street
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement Description: Partial, Partially Finished
  • Appliances: None
  • Attic: No
  • Street Number Modifier: 71

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Gable
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 1
  • Garage And Parking: Attached Garage

Utilities

  • Cooling System: Window Unit
  • Heat Type: Hot Water
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas, Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

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

Lot Info

  • Acres: 0.25
  • Lot Description: Lightly Wooded
  • Zoning: T
  • Parcel #: 652291

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 8985
  • Total Assessed Value: 226940
  • Mil Rate Total: 39.59

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2024
Closed on
Mar 26, 2025
Sold by
Medina Jessica A
Bought by
Wallace71st Llc
Seller's Agent
Timothy Johnson
LPT Realty
Buyer's Agent
Nicholas Desouza
Real Broker CT, LLC
List Price
$325,000
Sold Price
$286,000
Premium/Discount to List
-$39,000
-12%
Views
330
Current Estimated Value
$291,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,047
Avg. Annual Appreciation
19.12%
Original Mortgage
$214,500
Outstanding Balance
$214,122
Interest Rate
6.65%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$86,236

Purchase Details

Closed on
Nov 8, 2018
Sold by
Richter Arthur E and Richter Arthur E
Bought by
Medina Jessica A
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 $286,000 None Available
Warranty Deed $286,000 None Available
Quit Claim Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $214,500 Stand Alone Refi Refinance Of Original Loan
Closed $214,500 New Conventional
Previous Owner $42,500 No Value Available
Previous Owner $138,340 No Value Available
Previous Owner $83,018 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2025 04/09/25 Sold $286,000 -4.6% $95 / Sq Ft
01/07/2025 01/07/25 Price Changed $299,900 -6.3% $100 / Sq Ft
12/12/2024 12/12/24 Price Changed $320,000 -1.5% $106 / Sq Ft
11/04/2024 11/04/24 For Sale $325,000 -- $108 / 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 $8,985 $226,940 $49,910 $177,030
2023 $8,687 $226,940 $49,910 $177,030
2022 $7,599 $153,510 $22,960 $130,550
2021 $7,599 $153,510 $22,960 $130,550
2020 $7,105 $140,700 $22,960 $117,740
2019 $7,095 $140,490 $22,960 $117,530
2018 $7,095 $140,490 $22,960 $117,530
2017 $6,815 $134,960 $21,140 $113,820
2016 $6,815 $134,960 $21,140 $113,820
2015 $6,613 $134,960 $21,140 $113,820
2014 $6,613 $134,960 $21,140 $113,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24056991

SmartMLS

APN: NBRI-000008D-000000-D000100