$80,000
SOLD MAR 30, 2018

74 Prospect St New Britain, CT 06051

4 Beds
2 Baths
1,966 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$41 Per Sq Ft

16% Below List Price

32 Days on Market

Highlights

  • Deck
  • No HOA
  • Baseboard Heating
  • Attic
  • Porch

About This Home

As of August 2018

Recently remodeled 2 family walking distance to the Hospital of Central Connecticut. Many upgrades including windows, kitchen, baths etc. Basement would need full rehab.

Last Agent to Sell the Property

Justin Allen

Sellsomeproperty.com License #RES.0805337 Listed on: 02/01/2018

Last Buyer's Agent

Justin Allen

Sellsomeproperty.com License #RES.0805337 Listed on: 02/01/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1865

Lot Details

  • 4,792 Sq Ft Lot
  • Sloped Lot

Home Design

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

Interior Spaces

  • 1,966 Sq Ft Home
  • Walkup Attic

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

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

Parking

  • Parking Deck
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1865

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1966
  • Public Record Living Room Sq Ft: 1966
  • Total Sq Ft: 1966
  • Year Built: 1865
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4207
  • Directions: Chestnut to prospect
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Walk-up
  • Basement Description: Full With Walk-Out
  • Attic: Yes
  • Street Number Modifier: 74

Exterior Features

  • Exterior Features: Deck, Porch
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Block
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Paved

Utilities

  • Heat Type: Baseboard, No Heat
  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric
  • 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: 0.1100
  • Lot Description: Sloping Lot
  • Flood Zone: No
  • Zoning: R

Multi Family

  • Unit Count: 2
  • Total Multi Family: 8
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 4405
  • Total Assessed Value: 87220
  • Mil Rate Base: 50.500
  • Mil Rate Total: 50.500
  • Assessor Parcel Number: 649284

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
May 15, 2018
Closed on
Aug 21, 2018
Sold by
Shiv Estate Developer
Bought by
Akuley-Strambler Asa S
Seller's Agent
Elaine Abouakar
CENTURY 21 AllPoints Realty
Buyer's Agent
Dede Hargraves
Carl Guild & Associates
List Price
$179,900
Sold Price
$180,000
Premium/Discount to List
$100
0.06%
Current Estimated Value
$330,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,233
Avg. Annual Appreciation
9.12%
Original Mortgage
$186,558
Outstanding Balance
$159,031
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$171,202

Purchase Details

Listed on
Feb 1, 2018
Closed on
Apr 2, 2018
Sold by
Rcn Capital Funding Ll
Bought by
Shiv Estate Developer
Seller's Agent
Justin Allen
Sellsomeproperty.com
Buyer's Agent
Justin Allen
Sellsomeproperty.com
List Price
$94,900
Sold Price
$80,000
Premium/Discount to List
-$14,900
-15.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
744.88%
Original Mortgage
$112,000
Interest Rate
4.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 2017
Sold by
Nel Homes Llc and Rcn Capital Funding Ll
Bought by
Rcn Capital Funding Ll

Purchase Details

Closed on
Feb 11, 2015
Sold by
Nelson Moses
Bought by
Nel Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
12%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 29, 2009
Sold by
Rose Buchas Maragaret
Bought by
Nelson Moses
Source: Public Records

Range of Values:

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Average Value
Not Available
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 $190,000 --
Warranty Deed $190,000 --
Warranty Deed $82,000 --
Warranty Deed $82,000 --
Foreclosure Deed -- --
Foreclosure Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Executors Deed $27,000 --
Executors Deed $27,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $44,479 FHA
Open $186,558 FHA
Closed $6,650 Stand Alone Second
Closed $186,558 FHA
Previous Owner $112,000 Purchase Money Mortgage
Previous Owner $91,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2018 08/17/18 Sold $180,000 +0.1% $92 / Sq Ft
07/03/2018 07/03/18 Pending -- -- --
05/29/2018 05/29/18 For Sale $179,900 +124.9% $92 / Sq Ft
03/30/2018 03/30/18 Sold $80,000 -11.0% $41 / Sq Ft
03/05/2018 03/05/18 Pending -- -- --
02/06/2018 02/06/18 Price Changed $89,900 -5.3% $46 / Sq Ft
02/01/2018 02/01/18 For Sale $94,900 -- $48 / 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 $6,807 $173,740 $26,670 $147,070
2024 $6,878 $173,740 $26,670 $147,070
2023 $6,651 $173,740 $26,670 $147,070
2022 $5,412 $109,340 $7,630 $101,710
2021 $5,412 $109,340 $7,630 $101,710
2020 $5,522 $109,340 $7,630 $101,710
2019 $3,620 $71,680 $7,630 $64,050
2018 $3,620 $71,680 $7,630 $64,050
2017 $4,405 $87,220 $8,610 $78,610
2016 $4,405 $87,220 $8,610 $78,610
2015 $4,274 $87,220 $8,610 $78,610
2014 $4,274 $87,220 $8,610 $78,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170048638

SmartMLS

APN: NBRI-000008C-000000-C000041