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406 Park Street

406 Park Street, New Britain, CT 06051
Property in New Britain
Sold Sep 02, 2020
$27,500
$270,019 by Primary Residential Mortgage
Mortgage Due Sep 02, 2050
Sold Nov 06, 2015
$200,000
$150,000 by Farmington National Bank
Mortgage Due Nov 06, 2030
406 Park Street has been categorized by the local assessors in New Britain, CT as a residential type of property. The building on the property was first built in 1905 and is 119 years old. The home has a total of 15 rooms. 6 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 3 stories. In addition, 406 Park Street has 3,984 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,405 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a style that we are currently unable to determine.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a gable style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. In terms of heating, it is utilizing a forced air unit and being fueled with coal. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 406 Park Street was last sold in Aug 19, 2020 for $27,500. According to our calculations, that's $6.90 per sqft. Prior to that sales transaction, the property was sold for $200,000 in Jan 1, 1970. Current property owners are expected to pay $8,977 in taxes per year. The property on 406 Park Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $234,500. To break that down further, the land itself was valued at $43,540. While improvements to the property were assessed at a total of $190,960. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1905
  • Effective Year Built: 1905
  • Building Count: 1
  • Total Rooms: 15
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Style: Other
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Living Units: 3
  • Basement Type: Unfinished basement
  • Basement Area: 1,328
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 3,984
  • Gross Building Area: 7,228
  • Building Area: 3,984
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 3,984
  • Heating Fuel Type: Coal

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.17
  • Standard Land Use Code: Triplex (3 units, any combination)

Ownership

  • Current Owner : ABRAHAM MADUKKAMOOTTIL-ELIAS R
  • Current Owner 2: ABRAHAM NANCY
  • Previous Owner : 406 PARK ST LLC
  • Owner Before Previous Owner: ZERA ZBIGNIEW
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New Britain School District
  • School Tax School District: NEW BRITAIN SD
  • Census Tract: 415300

Zoning

  • Zoning: T

Geography

  • Account Number: 70380406
  • Parcel: NBRI M:B8C B:143
  • Block: 143
  • Municipality: NEW BRITAIN
  • Latitude: 41.6658
  • Longitude: -72.7701

    Address

  • Full Address: 406 Park St
  • Address - House Number: 406
  • Address - Street Name: Park
  • Address - Suffix Type: St
  • State: CT
  • City Name: New Britain
  • Carrier Code: C022
  • 4-Digit Zip Code: 2729
  • Zip Code: 06051

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,977

    Appraisal Valuation

  • Standard Deviation: 0.1963
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 73
  • Final Value: 415,254
  • High Value: 496,799
  • Low Value: 333,709

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $270,019
  • First Open Lien Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE
  • First Open Lien Mortgage Recording Date: Sep 02, 2020
  • First Open Lien Mortgage Loan Amount: $270,019
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: Sep 02, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $234,500
  • Assessed Land Value: $43,540
  • Assessed Improvements Value: $190,960

    Sales

  • Current Sale Contract Date: Aug 19, 2020
  • Current Sale Recording Date: Sep 02, 2020
  • Current Sale Transaction ID: 11787598796
  • Current Sale Price: $27,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6466530003
  • Previous Sale Recording Date: Nov 06, 2015
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE
  • First Mortgage Transaction Date: Sep 02, 2020
  • First Mortgage Loan Amount: $270,019
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: FARMINGTON NATIONAL BANK
  • Previous Mortgage Transaction Date: Nov 06, 2015
  • Previous Mortgage Loan Amount: $150,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 06, 2030

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Frequently Asked Questions

What neighborhood is 406 Park Street located in?
The 406 Park Street is a located in the neighborhood of New Britain in New Britain, New Britain.
What is the average sales price for listings in 406 Park Street?
The average sales price for units in 406 Park Street is $0 currently.

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