NOT LISTED FOR SALE

768 Farmington Ave West Hartford, CT 06119

7 Beds
3 Baths
4,956 Sq Ft
8,276 Sq Ft Lot

Last Sold March 12, 2021

Last sale price $755,000 $152 Per Sq Ft

311 Days on Market

Highlights

  • City View
  • Property is near public transit
  • No HOA
  • Whiting Lane School Rated A
  • Attic
  • 3-minute walk to Vanderbilt Park

About This Home

As of March 2021

Amazing opportunity to own a well established, profitable specialty foods business founded in 1959 and a multi unit building in a very highly desirable West Hartford location. Cosmos International Imports is a special place where you’ll be greeted by aromatic spices, international groceries, and specialized foods you can’t find in most other grocery stores. Largest area selection of specialty groceries, nuts, dried fruit, spices and deli for hot flavorful meals. Curries by the pound! Unrivaled selection of aromatic spices, lunches, and specialty groceries. This multi-use building offers 2370 of retail space which includes store, deli, food preparation area including fanned area for a commercial griddle, several refrigerated walk ins & lots of storage space. There are also two very nice condition apartments: a 3BR, a 2BR & an office space above the main store. Apartments would command significant rents in this area. Owner will consider selling building without business. This building offers plenty of parking in front, and is adjacent to 766 Farmington Ave., also a mixed use building and business listed under ML170275578. Both buildings may be purchased together, separate, and with/without business. Ideal for a local business owner who would like to capitalize on this location or an investor.

Last Agent to Sell the Property

Michelle Lorenzetti

Premier Re Group LLC License #REB.0789938 Listed on: 01/06/2020

Last Buyer's Agent

Omer Salem

Salem Advisory, LLC License #REB.0792002

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,133

Year Built

  • Built in 1918

Lot Details

  • 8,276 Sq Ft Lot
  • Level Lot

Home Design

  • Concrete Foundation
  • Frame Construction
  • Wood Shingle Roof
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 4,956 Sq Ft Home
  • Awning
  • City Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Parking

  • Driveway
  • Parking Lot
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,133

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 4956
  • Public Record Living Room Sq Ft: 4956
  • Total Sq Ft: 4956
  • Year Built: 1918
  • Nearby Amenities: Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Remarks Public Addendum: Please maintain confidentiality - do not approach owner or employees - showings are by appointment only. Proof of financial capacity to purchase required.
  • Property Sub Type: 4 Family
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 15314
  • Tax Year Updated Dt: 08/10/2020
  • Directions: Farmington Ave. West Hartford
  • Special Features: None

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Pull-Down Stairs, Storage Space
  • Basement Description: Full, Unfinished
  • Laundry Room Info: Washer/Dryer Some Units
  • Attic: Yes
  • Street Number Modifier: 768

Exterior Features

  • Exterior Features: Awnings
  • Exterior Siding: Wood, Stucco
  • Foundation Type: Concrete
  • Roof Information: Wood Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

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

Utilities

  • Cooling System: Window Unit
  • Heat Type: No Heat
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected, Public Sewer In Street

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

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: 0.1900
  • Lot Description: City Views, Level Lot
  • Zoning: BND

Multi Family

  • Unit Count: 3
  • Total Num Of Units: 4

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 14133
  • Total Assessed Value: 338100
  • Mil Rate Base: 41.800
  • Mil Rate Total: 41.800
  • Assessor Parcel Number: 1896638

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

Closed on
Sep 1, 2021
Sold by
Alex A P Llc
Bought by
Chen Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Outstanding Balance
$443,905
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 7, 2004
Sold by
Ustanauskas Ada
Bought by
Alex A P Llc

Purchase Details

Closed on
Dec 8, 1998
Sold by
Summit Prop Of Cmm Llc
Bought by
Ustjanauskas Ada

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.25%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Chen Llc $650,000 None Available
Chen Llc $650,000 None Available
Alex A P Llc $150,000 --
Alex A P Llc $150,000 --
Ustjanauskas Ada $205,000 --
Ustjanauskas Ada $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Llc $487,500
Closed Chen Llc $487,500
Previous Owner Ustjanauskas Ada $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2021 03/12/21 Sold $755,000 -24.4% $152 / Sq Ft
11/12/2020 11/12/20 Pending -- -- --
01/06/2020 01/06/20 For Sale $999,000 -- $202 / 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 $21,691 $484,400 $162,400 $322,000
2024 $16,904 $399,140 $162,400 $236,740
2023 $16,333 $399,140 $162,400 $236,740
2022 $16,237 $399,140 $162,400 $236,740
2021 $12,831 $302,470 $134,540 $167,930
2020 $12,643 $302,470 $134,540 $167,930
2019 $12,643 $302,470 $134,540 $167,930
2018 $12,401 $302,470 $134,540 $167,930
2017 $12,413 $302,470 $134,540 $167,930
2016 $11,491 $290,850 $122,430 $168,420
2015 $11,142 $290,850 $122,430 $168,420
2014 $10,869 $290,850 $122,430 $168,420
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170263012

SmartMLS

APN: WHAR-000008G-001891-000766