NOT LISTED FOR SALE

115 Sea St New Haven, CT 06519

The Hill Neighborhood

Estimated Value: $544,000 - $825,000

9 Beds
4 Baths
4,685 Sq Ft
$138/Sq Ft Est. Value

Last Sold December 23, 2019

Last sale price $425,000 $91 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,307/month

162 Days on Market

Highlights

  • Waterfront
  • Attic
  • No HOA
  • Finished Attic
  • Corner Lot
  • Tankless Water Heater

About This Home

As of December 2019

SPACIOUS 1920 VICTORIAN 2-FAMILY rental properly perfectly situated on a corner lot in the BEAUTIFUL OYSTER POINT HISTORIC DISTRICT. 9 LARGE BEDROOMS spread over 4 floors with WATER VIEWS of New Haven Harbor on every level! Unit 1 consists of 4 bedrooms, 2 bathrooms, 2 kitchens, living room, dining room and sun-filled office. Unit 2 has 5 bedrooms, 2 bathrooms, 2 kitchens, 2 living rooms and sun porch. Washer and dryer in each unit. BEAUTIFUL AND CONVENIENT BIKE PATHS TO AN ARRAY OF DESTINATIONS in West Haven. OVER $63k GROSS INCOME AND $44k NOI EACH YEAR! Improvements include new decking, low maintenance hardscape landscaping, exterior paint, furnace (second furnace about 10 years), tankless hot water heater, and some windows. This is a great opportunity to enter the real estate investment market or expand your current portfolio with this easy to manage turn-key property with no deferred maintenance and a CAP RATE OVER 9%. Come see it for yourself and you will agree it's one of the nicest properties in Oyster Point!

Last Agent to Sell the Property

Paul Marquadt

Regency Real Estate, LLC License #RES.0812512 Listed on: 05/30/2019

Regency Real Estate, LLC

Last Buyer's Agent

David Hawkins

Berkshire Hathaway NE Prop. License #RES.0772133

Berkshire Hathaway NE Prop.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,106

Year Built

  • Built in 1920

Lot Details

  • 3,485 Sq Ft Lot
  • Waterfront
  • Corner Lot

Property Views

  • Water
  • City

Home Design

  • 4,685 Sq Ft Home
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Full Bathrooms

Attic

  • Storage In Attic
  • Finished Attic

Parking

  • On-Street Parking
  • Off-Street Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Additional Features

  • Finished Basement

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $63,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,106

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 4685
  • Public Record Living Room Sq Ft: 2790
  • Total Sq Ft: 4685
  • Year Built: 1920
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 4685
  • Tax Year Updated Dt: 07/29/2019
  • Directions: Corner of Sea St. and Greenwich Ave.
  • Special Features: None

Interior Features

  • Total Bedrooms: 9
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Attic Description: Finished, Storage Space
  • Basement Description: Fully Finished
  • Attic: Yes
  • Street Number Modifier: 115

Exterior Features

  • Exterior Siding: Wood
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: On Street Parking, Off Street Parking

Utilities

  • Cooling System: Wall Unit
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas, Tankless Hotwater
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.0800
  • Lot Description: City Views, Water View, Corner Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: RM1

Multi Family

  • Gross Annual Income: 63000
  • Net Operating Income: 44000
  • Unit Count: 2
  • Total Multi Family: 18
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 7106
  • Total Assessed Value: 165340
  • Mil Rate Base: 42.980
  • Mil Rate Total: 42.980
  • Assessor Parcel Number: 1248240

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 30, 2019
Closed on
Dec 23, 2019
Sold by
Marquardt Paul
Bought by
Leung Wai L
Seller's Agent
Paul Marquadt
Regency Real Estate, LLC
Buyer's Agent
David Hawkins
Berkshire Hathaway NE Prop.
List Price
$469,000
Sold Price
$425,000
Premium/Discount to List
-$44,000
-9.38%
Current Estimated Value
$631,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,477
Avg. Annual Appreciation
7.29%
Original Mortgage
$290,000
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2009
Sold by
Seacord Warren and Seacord Raquel
Bought by
Marquardt Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,019
Interest Rate
5.14%
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
Leung Wai L $425,000 None Available
Marquardt Paul $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leung Wai L $230,000
Closed Leung Wai L $290,000
Previous Owner Marquardt Paul $270,019
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2019 12/23/19 Sold $425,000 -5.3% $91 / Sq Ft
11/08/2019 11/08/19 Pending -- -- --
10/31/2019 10/31/19 Price Changed $449,000 -4.3% $96 / Sq Ft
09/24/2019 09/24/19 For Sale $469,000 0.0% $100 / Sq Ft
09/18/2019 09/18/19 Pending -- -- --
08/15/2019 08/15/19 For Sale $469,000 0.0% $100 / Sq Ft
07/09/2019 07/09/19 Pending -- -- --
05/30/2019 05/30/19 For Sale $469,000 -- $100 / 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 $10,196 $258,790 $45,640 $213,150
2024 $9,963 $258,790 $45,640 $213,150
2023 $9,627 $258,790 $45,640 $213,150
2022 $10,287 $258,790 $45,640 $213,150
2021 $7,255 $165,340 $39,340 $126,000
2020 $7,255 $165,340 $39,340 $126,000
2019 $7,106 $165,340 $39,340 $126,000
2018 $7,106 $165,340 $39,340 $126,000
2017 $6,395 $165,340 $39,340 $126,000
2016 $5,837 $140,490 $32,270 $108,220
2015 $5,837 $140,490 $32,270 $108,220
2014 $5,837 $140,490 $32,270 $108,220
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2019

    Paul Marquadt

    Regency Real Estate, LLC

    (203) 788-4223

    2 Total Sales

    Section Image
  • David Hawkins

    Buyer's Agent in 2019

    David Hawkins

    Berkshire Hathaway Home Services

    (860) 581-0187

    21 Total Sales

    Section Image
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Map

Source: SmartMLS

MLS Number: 170199340

SmartMLS

APN: NHVN-000233-000004-001600

Connecticut New Haven County New Haven 06519 The Hill

115 Sea St, New Haven, CT

This home is located at 115 Sea St, New Haven, CT 06519 since 30 May 2019 and is currently estimated at $646,776, approximately $138 per square foot. This property was built in 1920. 115 Sea St is a home located in New Haven County.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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