Seller's Agent in 2021
Sandy Strickling
Sky Realty Group
(860) 638-9748
1 in this area
25 Total Sales
1294 Chapel St New Haven, CT 06511
Dwight NeighborhoodEstimated Value: $1,579,519
--
Bed
--
Bath
6,950
Sq Ft
$227/Sq Ft
Est. Value
Highlights
- 0.27 Acre Lot
- No HOA
- Central Air
- Property is near public transit
- Public Transportation
- Home to be built
About This Home
As of June 2021Dwight, New Haven Mixed Use Re-Development Opportunity in a BA zone with Zoning Approvals. Potential for up to 17 Residential Units on 4 Floors. Existing 2 Story Medical Office building approved for additional 2 story development. Opportunity for 1 of 3 options: (1.) Approved 4 Story 14,222 SF Mixed Use Building with 7 Residential units on floors 3-4: Approvals for construction of additional 2 story Structure with residential units and a total of 14,222 SF. Project to include 16 parking spaces, 7 of which will be designated residential. (2.) Potential for 4 Story Mixed use with 14 Residential units on floors 2, 3, & 4 with Commercial (office/retail) on the 1st floor. (3.) Potential for Redevelopment to full Residential with 17 Apartments on floors 1-4. The current long term NNN lease to Yale New Haven Hospital since 1987 will be ending on July 2021. Tenant will be downsizing and relocating. Current office lease space of 6,950 livable SF with 3,564 in the basement and 23 parking spaces. $75,000 Yearly NNN lease until July 2021. New HVAC roof unit installed late 2016. Central air conditioner and natural gas fired forced hot air furnace. Call today for more information and to set up a showing!
Last Agent to Sell the Property
Sky Realty Group License #REB.0793642 Listed on: 02/26/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $19,145
Year Built
- Built in 1940
Lot Details
- 0.27 Acre Lot
- Level Lot
Home Design
- 6,950 Sq Ft Home
- Home to be built
- Flat Roof Shape
- Slab Foundation
- Flat Tile Roof
- Stucco Exterior
- Masonry
Parking
- Paved Parking
- Parking Lot
- Off-Street Parking
Location
- Property is near public transit
- Property is near shops
- Property is near a bus stop
Utilities
- Central Air
- Heating System Uses Natural Gas
Community Details
Overview
- No Home Owners Association
- 17 Units
Amenities
- Public Transportation
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 26, 2021
Closed on
Jun 2, 2021
Sold by
Rl1 Llc
Bought by
Greater New Haven Busines
Seller's Agent
Sandy Strickling
Sky Realty Group
Buyer's Agent
William Davis
Coldwell Banker Realty
List Price
$1,275,000
Sold Price
$1,136,000
Premium/Discount to List
-$139,000
-10.9%
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
$443,519
Avg. Annual Appreciation
6.37%
Purchase Details
Closed on
Nov 9, 2017
Sold by
1294 Chapel St Assoc L
Bought by
Rl 1 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,512
Interest Rate
3.83%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 26, 2016
Sold by
Schaefer Edwin F and Proto Dominic F
Bought by
1294 Chapel Street Ass
Purchase Details
Closed on
Oct 22, 1986
Bought by
1294 Chapel St Associates
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 |
|---|---|---|---|
| Greater New Haven Busines | $1,136,000 | None Available | |
| Rl 1 Llc | $625,018 | -- | |
| 1294 Chapel St Assoc L | -- | -- | |
| 1294 Chapel Street Ass | -- | -- | |
| 1294 Chapel St Associates | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | 1294 Chapel St Associates | $437,512 | |
| Previous Owner | 1294 Chapel St Associates | $700,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/07/2021 06/07/21 | Sold | $1,136,000 | -10.9% | $163 / Sq Ft |
| 02/26/2021 02/26/21 | For Sale | $1,275,000 | -- | $183 / 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 | $28,199 | $678,020 | $73,710 | $604,310 |
| 2024 | $26,951 | $678,020 | $73,710 | $604,310 |
| 2023 | $26,917 | $678,020 | $73,710 | $604,310 |
| 2022 | $28,646 | $678,020 | $73,710 | $604,310 |
| 2021 | $19,145 | $412,790 | $56,700 | $356,090 |
| 2020 | $19,145 | $412,790 | $56,700 | $356,090 |
| 2019 | $18,774 | $412,790 | $56,700 | $356,090 |
| 2018 | $18,774 | $412,790 | $56,700 | $356,090 |
| 2017 | $15,967 | $412,790 | $56,700 | $356,090 |
| 2016 | $16,596 | $399,420 | $49,490 | $349,930 |
| 2015 | $16,596 | $399,420 | $49,490 | $349,930 |
| 2014 | $16,596 | $399,420 | $49,490 | $349,930 |
Source: Public Records
Agents Affiliated with this Home
-
Sandy Strickling
-
William Davis
Buyer's Agent in 2021
William Davis
Coldwell Banker
(203) 506-4991
1 in this area
19 Total Sales
Map
Source: SmartMLS
MLS Number: 170375649
APN: NHVN-000297-000215-000900
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