NOT LISTED FOR SALE

Estimated Value: $251,000 - $320,877

4 Beds
2 Baths
1,851 Sq Ft
$157/Sq Ft Est. Value

Last Sold March 26, 2024

Last sale price $266,000 $144 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,111/month

317 Days on Market

Highlights

  • Deck
  • Attic
  • Private Driveway
  • Property is near public transit
  • Public Transportation
  • 2-minute walk to Griswold Triangle

About This Home

As of March 2024

112 Quinnipiac Ave is a two family property ready for its next owner. The property features two, 2 bed/1 bath units rented for $1250 and $1595 with month to month tenants. The 724 SF units have hardwood floors, eat in kitchen, tile in the kitchens/bathrooms and separate utilities. 2 bed units with updated finishes in this area are renting for $1900+. Fenced in backyard and off street parking available for tenants. There is no owner's meter. In place 7.6% CAP! Great opportunity to invest or owner occupy! IMPORTANT: AGENTS PLEASE READ AGENT TO AGENT REMARKS. Properties to be Sold As-Is, Where-Is. Inspections for Informational Purposes Only. FHA Buyers please have the Lender run the Self Sufficiency Test on the Rental Amounts to qualify property.

Last Listed By

Lisa Cozzi

Century 21 AllPoints Realty License #REB.0789668 Listed on: 05/14/2023

Century 21 AllPoints Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,825

Year Built

  • Built in 1920

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot

Home Design

  • 1,851 Sq Ft Home
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Attic

  • Pull Down Stairs to Attic
  • Attic or Crawl Hatchway Insulated

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space
  • Basement Storage

Parking

  • 2 Car Garage
  • Parking Deck
  • Private Driveway

Outdoor Features

  • Deck
  • Exterior Lighting
  • Rain Gutters

Location

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

Utilities

  • Air Source Heat Pump
  • Heating System Uses Oil
  • Fuel Tank Located in Basement

Community Details

  • 2 Units
  • Public Transportation
  • Gross Income $34,140

Listing and Financial Details

  • Assessor Parcel Number 1238227

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,825

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1851
  • Total Sq Ft: 1851
  • Year Built: 1920
  • New Construction: No/Resale
  • Nearby Amenities: Health Club, Medical Facilities, Park, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3182
  • Directions: GPS friendly
  • Financing Used: VA
  • Living Area Sq Ft Per Public Record: 1851
  • Spec Assoc Asses: No
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Attic Description: Pull-Down Stairs, Crawl Space
  • Basement Description: Full, Unfinished, Storage
  • Attic: Yes
  • Street Number Modifier: 112

Exterior Features

  • Exterior Features: Deck, Gutters, Lighting, Sidewalk
  • Exterior Siding: Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Driveway Type: Private, Asphalt
  • Garage And Parking: Driveway, Off Street Parking

Utilities

  • Cooling System: None
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Other
  • Water Source: Public Water Connected, Public Water In Street
  • Sewer: Public Sewer Connected, Public Sewer In Street

Schools

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

Lot Info

  • Acres: 0.14
  • Lot Description: Level Lot
  • Zoning: RM2
  • Parcel #: 1238227

Multi Family

  • Gross Annual Income: 34140
  • Net Operating Income: 21196
  • Total Number Of Units: 2
  • Unit Count: 2

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 5825
  • Total Assessed Value: 156590
  • 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
May 14, 2023
Closed on
Mar 21, 2024
Sold by
Ocean Iv Del Llc
Bought by
Vazquez Orlando
Seller's Agent
Lisa Cozzi
Century 21 AllPoints Realty
Buyer's Agent
Tianna Vidro
Berkshire Hathaway NE Prop.
List Price
$300,000
Sold Price
$266,000
Premium/Discount to List
-$34,000
-11.33%
Total Days on Market
317
Views
432
Current Estimated Value
$290,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,219
Avg. Annual Appreciation
8.17%
Original Mortgage
$271,719
Outstanding Balance
$268,834
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$21,385

Purchase Details

Closed on
Aug 19, 2016
Sold by
Shadmit Llc
Bought by
Ocean 4 Llc

Purchase Details

Listed on
Jan 18, 2015
Closed on
Jan 11, 2016
Sold by
Jiggetts Daniel
Bought by
Shadmit Llc
Seller's Agent
David Fiske
Houlihan Lawrence WD
Buyer's Agent
David Fiske
Houlihan Lawrence WD
List Price
$150,000
Sold Price
$80,000
Premium/Discount to List
-$70,000
-46.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.83%

Purchase Details

Closed on
Nov 14, 2003
Sold by
Mccormick William and Mccormick Nancy
Bought by
Jiggetts Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,200
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 1987
Sold by
Hagerty Steven P
Bought by
Andreucci Joseph P

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
Vazquez Orlando $266,000 None Available
Vazquez Orlando $266,000 None Available
Ocean 4 Llc -- --
Ocean 4 Llc -- --
Shadmit Llc $80,000 --
Shadmit Llc $80,000 --
Jiggetts Daniel $156,000 --
Jiggetts Daniel $156,000 --
Andreucci Joseph P $91,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vazquez Orlando $271,719
Closed Vazquez Orlando $271,719
Previous Owner Andreucci Joseph P $152,984
Previous Owner Andreucci Joseph P $31,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2024 03/26/24 Sold $266,000 -1.5% $144 / Sq Ft
08/17/2023 08/17/23 Price Changed $270,000 -3.6% $146 / Sq Ft
07/12/2023 07/12/23 Price Changed $280,000 -3.4% $151 / Sq Ft
06/06/2023 06/06/23 Price Changed $290,000 -3.3% $157 / Sq Ft
05/14/2023 05/14/23 For Sale $300,000 +275.0% $162 / Sq Ft
01/11/2016 01/11/16 Sold $80,000 -46.7% $43 / Sq Ft
01/08/2016 01/08/16 Pending -- -- --
01/18/2015 01/18/15 For Sale $150,000 -- $81 / 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
2024 $6,029 $156,590 $40,880 $115,710
2023 $5,825 $156,590 $40,880 $115,710
2022 $6,224 $156,590 $40,880 $115,710
2021 $4,454 $101,500 $26,810 $74,690
2020 $4,454 $101,500 $26,810 $74,690
2019 $4,362 $101,500 $26,810 $74,690
2018 $4,362 $101,500 $26,810 $74,690
2017 $3,926 $101,500 $26,810 $74,690
2016 $3,665 $88,200 $25,270 $62,930
2015 $3,665 $88,200 $25,270 $62,930
2014 $3,665 $88,200 $25,270 $62,930
Source: Public Records

Agents Affiliated with this Home

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Source: SmartMLS

MLS Number: 170568483

SmartMLS

APN: NHVN-000076-000986-004000