NOT LISTED FOR SALE

Estimated Value: $460,218 - $560,000

8 Beds
4 Baths
3,461 Sq Ft
$147/Sq Ft Est. Value

Last Sold December 28, 2023

Last sale price $400,000 $116 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,421/month

4 Days on Market

Highlights

  • Property is near public transit
  • Thermal Windows
  • Public Transportation
  • Attic
  • Enclosed Patio or Porch
  • 3-minute walk to Orchard Gilbert Neighborhood Park

About This Home

As of December 2023

Discover the potential of this inviting 3-family residential house nestled in the vibrant community of New Haven, Connecticut. With its prime location and promising features, 101 Gilbert Ave is an exceptional opportunity! This property offers the unique advantage of a 3-family layout, making it ideal for generating rental income. Whether you're an investor seeking a reliable cash flow or an owner-occupant looking to offset your mortgage, this property caters to both needs. The partially finished basement provides three additional rooms, offering versatility for various uses such as a home office, playroom, or extra storage. Enjoy peace of mind with a newer roof and updated mechanical systems, reducing the immediate need for major repairs or replacements. Conveniently located within walking distance to YALE Saint Raphael Hospital, this is a great option for healthcare professionals, staff, or anyone who values proximity to essential amenities. With some TLC and a vision, you can unlock the true potential of this property, making it an excellent choice for buyers interested in renovation projects and building sweat equity. Don't miss out on this chance to make a wise investment in a promising New Haven neighborhood. Whether you're looking to invest or make it your own, this property is a canvas waiting for your personal touch. Schedule a showing today. This could be your ticket to a bright future in the heart of New Haven. Don't miss out on this great investment opportunity!!!

Last Agent to Sell the Property

Clifton Green

Coldwell Banker Realty License #RES.0803878 Listed on: 09/19/2023

Coldwell Banker Realty

Last Buyer's Agent

Clifton Green

Coldwell Banker Realty License #RES.0803878 Listed on: 09/19/2023

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,151

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot

Home Design

  • Brick Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 3,461 Sq Ft Home
  • Thermal Windows
  • Concrete Flooring
  • Attic

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Laundry in Basement

Parking

  • 4 Parking Spaces
  • Private Driveway

Location

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

Additional Features

  • Enclosed Patio or Porch
  • Heating System Uses Natural Gas

Community Details

  • 3 Units
  • Public Transportation

Listing and Financial Details

  • Assessor Parcel Number 1255428

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,151

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors, 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 3461
  • Total Sq Ft: 3461
  • Year Built: 1900
  • New Construction: No/Resale
  • Nearby Amenities: Basketball Court, Commuter Bus, Library, Medical Facilities, Park, Playground/Tot Lot, Public Transportation, Walk to Bus Lines
  • Association Amenities: None
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5477
  • Directions: Sherman Ave to Gilbert Ave. Orchard St to Gilbert Ave.
  • Financing Used: CHFA
  • Living Area Sq Ft Per Public Record: 3461
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Basement Description: Full With Walk-Out, Partially Finished, Concrete Floor, Interior Access
  • Laundry Room Location: basement
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: Yes
  • Street Number Modifier: 101

Exterior Features

  • Exterior Features: Porch-Enclosed, Sidewalk
  • Exterior Siding: Wood
  • Foundation Type: Brick
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Driveway Type: Private, Paved, Asphalt
  • Total Parking Spaces: 4
  • Garage And Parking: Driveway, Paved, Off Street Parking

Utilities

  • Cooling System: None
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: Non Applicable
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

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

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.15
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: RM2
  • Parcel #: 1255428

Multi Family

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

Tax Info

  • Property Tax: 8151
  • Total Assessed Value: 219100
  • Mil Rate Total: 37.2

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
Sep 19, 2023
Closed on
Dec 27, 2023
Sold by
Samuels Dorothy A and Codner Christine
Bought by
Pitter Melisa
Seller's Agent
Clifton Green
Coldwell Banker Realty
Buyer's Agent
Clifton Green
Coldwell Banker Realty
List Price
$410,000
Sold Price
$400,000
Premium/Discount to List
-$10,000
-2.44%
Views
45
Current Estimated Value
$509,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,805
Avg. Annual Appreciation
9.72%
Original Mortgage
$384,615
Outstanding Balance
$379,132
Interest Rate
7.44%
Mortgage Type
FHA
Estimated Equity
$91,335

Purchase Details

Closed on
Jul 11, 2003
Sold by
Gayle Raphael E
Bought by
Lindo Courtney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,700
Interest Rate
8.2%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Pitter Melisa $400,000 None Available
Pitter Melisa $400,000 None Available
Lindo Courtney $143,000 --
Lindo Courtney $143,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pitter Melisa $384,615
Closed Pitter Melisa $384,615
Previous Owner Lindo Courtney $191,000
Previous Owner Lindo Courtney $128,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2023 12/28/23 Sold $400,000 -2.4% $116 / Sq Ft
09/23/2023 09/23/23 Pending -- -- --
09/19/2023 09/19/23 For Sale $410,000 -- $118 / 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 $8,633 $219,100 $37,450 $181,650
2024 $8,435 $219,100 $37,450 $181,650
2023 $8,151 $219,100 $37,450 $181,650
2022 $8,709 $219,100 $37,450 $181,650
2021 $5,950 $135,590 $14,980 $120,610
2020 $5,950 $135,590 $14,980 $120,610
2019 $5,828 $135,590 $14,980 $120,610
2018 $5,828 $135,590 $14,980 $120,610
2017 $5,245 $135,590 $14,980 $120,610
2016 $4,726 $113,750 $17,990 $95,760
2015 $4,726 $113,750 $17,990 $95,760
2014 $4,726 $113,750 $17,990 $95,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170598946

SmartMLS

APN: NHVN-000317-000197-001500