Seller's Agent in 2023
Beth Mishler
William Raveis Real Estate
(203) 640-6567
11 in this area
26 Total Sales
1 Ely St Branford, CT 06405
Estimated Value: $601,000 - $660,000
4
Beds
3.5
Baths
2,631
Sq Ft
$238/Sq Ft
Est. Value
Highlights
- Public Water Access
- Deck
- Attic
- Waterfront
- Property is near public transit
- 1 Fireplace
About This Home
As of October 2023Investor's opportunity! Fully rented 2 family side by side two bedroom units with leases in place into 2024. Fantastic location with views of Branford River, and in close proximity to Branford Point, Public Transportation, Train Station and Shopping. Minutes from The Branford Green.
Last Agent to Sell the Property
William Raveis Real Estate License #REB.0792786 Listed on: 06/29/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,473
Year Built
- Built in 1870
Lot Details
- 6,098 Sq Ft Lot
- Waterfront
Home Design
- Side-by-Side
- Stone Foundation
- Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 2,631 Sq Ft Home
- Ceiling Fan
- 1 Fireplace
- Water Views
- Pull Down Stairs to Attic
Bedrooms and Bathrooms
- 4 Bedrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Parking
- Parking Deck
- Private Driveway
- Off-Street Parking
Outdoor Features
- Public Water Access
- Walking Distance to Water
- Deck
- Patio
- Breezeway
Location
- Flood Zone Lot
- Property is near public transit
- Property is near shops
Schools
- Francis Walsh Middle School
- Branford High School
Utilities
- Baseboard Heating
- Heating System Uses Natural Gas
Listing and Financial Details
- Exclusions: Any tenant owned furnishings and appliances
Community Details
Overview
- No Home Owners Association
- 2 Units
Additional Features
- Public Transportation
- Gross Income $44,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 29, 2023
Closed on
Oct 5, 2023
Sold by
Devito Marcus and Genuario Adam
Bought by
Pink Granite Partners Llc
Seller's Agent
Beth Mishler
William Raveis Real Estate
Buyer's Agent
Jessica Fritz-Welch
iHeart Homes Real Estate LLC
List Price
$498,750
Sold Price
$435,000
Premium/Discount to List
-$63,750
-12.78%
Views
385
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,333
Avg. Annual Appreciation
18.48%
Original Mortgage
$326,250
Outstanding Balance
$319,378
Interest Rate
7.23%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$306,955
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pink Granite Partners Llc | -- | None Available | |
| Devito Marcus | $435,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Devito Marcus | $326,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/05/2023 10/05/23 | Sold | $435,000 | -12.8% | $165 / Sq Ft | |
| 10/04/2023 10/04/23 | Pending | -- | -- | -- | |
| 06/29/2023 06/29/23 | For Sale | $498,750 | +19.5% | $190 / Sq Ft | |
| 08/06/2021 08/06/21 | Sold | $417,350 | -4.7% | $159 / Sq Ft | View Prior Sale |
| 07/01/2021 07/01/21 | Pending | -- | -- | -- | |
| 05/27/2021 05/27/21 | For Sale | $437,900 | -- | $166 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
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 | $6,809 | $318,200 | $103,900 | $214,300 |
| 2024 | $7,620 | $250,000 | $96,100 | $153,900 |
| 2023 | $7,473 | $250,000 | $96,100 | $153,900 |
| 2022 | $7,363 | $250,000 | $96,100 | $153,900 |
| 2021 | $7,363 | $250,000 | $96,100 | $153,900 |
| 2020 | $7,230 | $250,000 | $96,100 | $153,900 |
| 2019 | $7,369 | $253,500 | $96,100 | $157,400 |
| 2018 | $7,260 | $253,500 | $96,100 | $157,400 |
| 2017 | $7,217 | $253,500 | $96,100 | $157,400 |
| 2016 | $6,948 | $253,500 | $96,100 | $157,400 |
| 2015 | $6,827 | $253,500 | $96,100 | $157,400 |
| 2014 | $6,754 | $257,400 | $100,000 | $157,400 |
Source: Public Records
Agents Affiliated with this Home
-
Beth Mishler
-
Jessica Fritz-Welch
Buyer's Agent in 2023
Jessica Fritz-Welch
iHeart Homes Real Estate LLC
(203) 906-8251
2 in this area
3 Total Sales
-
Michele Kowolenko
Seller's Agent in 2021
Michele Kowolenko
Coldwell Banker Realty
(203) 376-3184
9 in this area
27 Total Sales
-
Bill Mooney
Buyer's Agent in 2021
Bill Mooney
William Raveis Real Estate
(203) 444-1171
16 in this area
40 Total Sales
Map
Source: SmartMLS
MLS Number: 170581303
APN: BRAN-000009D-000007-000002
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