NOT LISTED FOR SALE

1308 State St New Haven, CT 06511

East Rock Neighborhood

Estimated Value: $360,415

4 Beds
4 Baths
2,872 Sq Ft
$125/Sq Ft Est. Value

Last Sold December 22, 2017

Last sale price $220,000 $77 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,469/month

51 Days on Market

Highlights

  • No HOA
  • Thermal Windows
  • Level Lot

About This Home

As of December 2017

Investors take notice!! 10.81% CAP Rate!! Turn key, mixed use, commercial 3 fam. Fully occupied with two st level commercial units and a second /third fl residential 4 bed 2full bath apt. Combined gross income per month $3,200.00 Completely updated: roof, siding, windows, mechanicals, kitchen & baths. Excellent foot traffic. Great investment. Won't last!

Last Agent to Sell the Property

Charles Kroopneck

Charles Kroopneck Real Estate License #REB.0795037 Listed on: 10/09/2017

Last Buyer's Agent

Marc Kroopneck

William Raveis Real Estate License #RES.0786601

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,746

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Ridge Vents on the Roof
  • Vinyl Siding

Interior Spaces

  • 2,872 Sq Ft Home
  • Thermal Windows
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms

Accessible Home Design

  • Multiple Entries or Exits

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Gross Income $38,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,746

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Sq Ft Est Heated Above Grade: 2872
  • Public Record Living Room Sq Ft: 2872
  • Total Sq Ft: 2872
  • Year Built: 1900
  • Property Sub Type: 3 Family
  • Handicap Features: Exterior Curb Cuts, Multiple Entries/Exits
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 4368
  • Directions: State St.
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement Description: Full With Hatchway
  • Laundry Room Info: Hook-Up In Unit 3
  • Attic: No
  • Street Number Modifier: 1308

Exterior Features

  • Exterior Features: Gutters, Lighting
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking

Utilities

  • Cooling System: Window Unit
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • 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

Green Features

  • Energy Features: Ridge Vents, Thermopane Windows

Lot Info

  • Acres: 0.1000
  • Lot Description: Level Lot
  • Zoning: BA

Multi Family

  • Gross Annual Income: 38400
  • Net Operating Income: 29193
  • Unit Count: 3
  • Total Multi Family: 9
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 4746
  • Total Assessed Value: 122710
  • Mil Rate Base: 38.680
  • Mil Rate Total: 38.680
  • Assessor Parcel Number: 1243891

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
Oct 9, 2017
Closed on
Dec 20, 2017
Sold by
Zayas Ivan
Bought by
Marin Rosa
Seller's Agent
Charles Kroopneck
Charles Kroopneck Real Estate
Buyer's Agent
Marc Kroopneck
William Raveis Real Estate
List Price
$225,000
Sold Price
$220,000
Premium/Discount to List
-$5,000
-2.22%
Current Estimated Value
$360,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,415
Avg. Annual Appreciation
6.74%
Original Mortgage
$143,000
Outstanding Balance
$121,114
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$239,301

Purchase Details

Listed on
May 19, 2016
Closed on
Oct 21, 2016
Sold by
Lopez Yvette
Bought by
Zayas Ivan
Seller's Agent
Charles Kroopneck
Charles Kroopneck Real Estate
Buyer's Agent
Charles Kroopneck
Charles Kroopneck Real Estate
List Price
$179,900
Sold Price
$179,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.94%
Original Mortgage
$134,925
Interest Rate
3.44%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 25, 2008
Sold by
Smith John
Bought by
Lopez Yvette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
13.99%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Marin Rosa $220,000 --
Zayas Ivan $179,900 --
Lopez Yvette $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Yvette $143,000
Previous Owner Lopez Yvette $134,925
Previous Owner Lopez Yvette $62,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2017 12/22/17 Sold $220,000 -2.2% $77 / Sq Ft
11/29/2017 11/29/17 Pending -- -- --
10/09/2017 10/09/17 For Sale $225,000 +25.1% $78 / Sq Ft
10/24/2016 10/24/16 Sold $179,900 0.0% $41 / Sq Ft
07/14/2016 07/14/16 Pending -- -- --
05/19/2016 05/19/16 For Sale $179,900 -- $41 / 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 $5,750 $145,950 $60,690 $85,260
2024 $5,619 $145,950 $60,690 $85,260
2023 $5,429 $145,950 $60,690 $85,260
2022 $5,802 $145,950 $60,690 $85,260
2021 $5,385 $122,710 $46,690 $76,020
2020 $5,385 $122,710 $46,690 $76,020
2019 $5,274 $122,710 $46,690 $76,020
2018 $5,274 $122,710 $46,690 $76,020
2017 $4,746 $122,710 $46,690 $76,020
2016 $6,684 $160,860 $41,720 $119,140
2015 $6,684 $160,860 $41,720 $119,140
2014 $6,684 $160,860 $41,720 $119,140
Source: Public Records

Agents Affiliated with this Home

  • Charles Kroopneck

    Seller's Agent in 2017

    Charles Kroopneck

    Charles Kroopneck Real Estate

    (203) 668-4954

    1 in this area

    80 Total Sales

    Charles Kroopneck
    Section Image
  • Marc Kroopneck

    Buyer's Agent in 2017

    Marc Kroopneck

    William Raveis Real Estate

    (203) 855-7827

    80 Total Sales

    Marc Kroopneck
    Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170022874

SmartMLS

APN: NHVN-000170-000474-001300

Connecticut New Haven County New Haven 06511 East Rock

1308 State St, New Haven, CT

This home is located at 1308 State St, New Haven, CT 06511 since 09 October 2017 and is currently estimated at $360,415, approximately $125 per square foot. This property was built in 1900. 1308 State St is a home located in New Haven County with nearby schools including Elm City College Preparatory School and St Francis & St Rose Of Lima School.

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.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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