NOT LISTED FOR SALE

1516 Quinnipiac Ave New Haven, CT 06513

Quinnipiac Meadows Neighborhood

Estimated Value: $325,085 - $435,000

5 Beds
2 Baths
2,512 Sq Ft
$157/Sq Ft Est. Value

Last Sold August 22, 2023

Last sale price $320,000 $127 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,578/month

27 Days on Market

Highlights

  • Property is near public transit
  • Attic
  • Porch
  • Finished Attic
  • No HOA
  • Public Transportation

About This Home

As of August 2023

1516 Quinnipiac Ave is a large two family property in a quiet area of the Quinnipiac Meadows neighborhood. The property features one, 2 bed/1 bath unit rented for $1250 and one, 3 bed/1 bath rented for $1500, both with month to month tenants. The units have hardwood floors & ceramic tile floors in kitchens and the property has newer windows. Separate and tenant paid utilities. 2 bed units with updated finishes in this area are renting for $1500+ and 3 beds are renting for $1900+ . There is a fenced in backyard and ample off street parking available for tenants. Located across from Bishop Woods Elementary School. IMPORTANT: AGENTS PLEASE READ AGENT TO AGENT REMARKS.

Last Agent to Sell the Property

Lisa Cozzi

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

Century 21 AllPoints Realty

Co-Listed By

Maddy Ceruti

Century 21 AllPoints Realty License #RES.0813001

Last Buyer's Agent

Leslie Figueroa

Keller Williams Realty Prtnrs. License #RES.0811204

Keller Williams Realty Prtnrs.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,661

Year Built

  • Built in 1920

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Shingle Siding

Interior Spaces

  • 2,512 Sq Ft Home
  • Awning
  • Finished Attic

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Parking

  • Private Driveway
  • Off-Street Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters
  • Porch

Location

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

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Hot Water Circulator

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Additional Features

  • Public Transportation
  • Gross Income $33,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,661

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: 2512
  • Public Record Living Room Sq Ft: 2512
  • Total Sq Ft: 2512
  • Year Built: 1920
  • 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: 4394
  • Tax Year Updated Dt: 07/03/2023
  • Directions: GPS friendly
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Finished
  • Basement Description: Full, Unfinished, Storage
  • Attic: Yes

Exterior Features

  • Exterior Features: Awnings, Gutters, Lighting, Porch, Sidewalk
  • Exterior Siding: Shingle
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Driveway, Off Street Parking
  • Driveway Type: Private

Utilities

  • Heat Type: Hot Water
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected, Public Water In Street
  • Sewer: Public Sewer Connected, Public Sewer In Street

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Lot Info

  • Acres: 0.1100
  • Lot Description: Level Lot
  • Zoning: RS2

Multi Family

  • Gross Annual Income: 33000
  • Unit Count: 2
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 5661
  • Mil Rate Base: 37.200
  • Assessor Parcel Number: 1240974

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
Aug 21, 2023
Sold by
Ocean Iv Del Llc
Bought by
Rojas Nelly
Seller's Agent
Lisa Cozzi
Century 21 AllPoints Realty
Buyer's Agent
Leslie Figueroa
Keller Williams Realty Prtnrs.
List Price
$305,000
Sold Price
$320,000
Premium/Discount to List
$15,000
4.92%
Views
157
Current Estimated Value
$394,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,771
Avg. Annual Appreciation
9.65%
Original Mortgage
$244,200
Outstanding Balance
$238,789
Interest Rate
6.96%
Mortgage Type
FHA
Estimated Equity
$155,982

Purchase Details

Closed on
Nov 16, 2015
Sold by
Shadmit Llc
Bought by
Sunny Holdings Llc

Purchase Details

Listed on
Jun 25, 2015
Closed on
Aug 7, 2015
Sold by
Us Bank Na
Bought by
Shadmit Llc
Seller's Agent
Douglas Ledewitz
Pulse Realty LLC
Buyer's Agent
Mendel Paris
Paris Realty Group
List Price
$79,500
Sold Price
$101,000
Premium/Discount to List
$21,500
27.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.08%

Purchase Details

Closed on
Feb 3, 2004
Sold by
Morgillo Thomas A and Morgillo Deborah A
Bought by
Hargrove Gail A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 1992
Sold by
Rosarbo Louis and Rosarbo Marjorie
Bought by
Morgillo Thomas A and Morgillo Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,950
Interest Rate
8.79%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rojas Nelly $320,000 None Available
Sunny Holdings Llc -- --
Shadmit Llc $101,000 --
Hargrove Gail A $190,000 --
Morgillo Thomas A $133,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rojas Nelly $244,200
Previous Owner Morgillo Thomas A $247,000
Previous Owner Morgillo Thomas A $190,000
Previous Owner Morgillo Thomas A $108,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/22/2023 08/22/23 Sold $320,000 +4.9% $127 / Sq Ft
06/10/2023 06/10/23 Pending -- -- --
06/05/2023 06/05/23 For Sale $305,000 0.0% $121 / Sq Ft
05/21/2023 05/21/23 Pending -- -- --
05/14/2023 05/14/23 For Sale $305,000 +202.0% $121 / Sq Ft
07/31/2015 07/31/15 Sold $101,000 +27.0% $40 / Sq Ft View Prior Sale
06/30/2015 06/30/15 Pending -- -- --
06/25/2015 06/25/15 For Sale $79,500 -- $32 / 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 $5,996 $152,180 $38,080 $114,100
2024 $5,859 $152,180 $38,080 $114,100
2023 $5,661 $152,180 $38,080 $114,100
2022 $6,049 $152,180 $38,080 $114,100
2021 $4,435 $101,080 $26,110 $74,970
2020 $4,435 $101,080 $26,110 $74,970
2019 $4,344 $101,080 $26,110 $74,970
2018 $4,344 $101,080 $26,110 $74,970
2017 $3,910 $101,080 $26,110 $74,970
2016 $3,717 $89,460 $26,110 $63,350
2015 $3,717 $89,460 $26,110 $63,350
2014 $3,717 $89,460 $26,110 $63,350
Source: Public Records

Agents Affiliated with this Home

  • Lisa Cozzi

    Seller's Agent in 2023

    Lisa Cozzi

    Century 21 AllPoints Realty

    (860) 508-2102

    3 in this area

    216 Total Sales

    Lisa Cozzi
    Section Image
  • Maddy Ceruti

    Seller Co-Listing Agent in 2023

    Maddy Ceruti

    Century 21 AllPoints Realty

    (860) 559-0978

    1 in this area

    141 Total Sales

    Maddy Ceruti
    Section Image
  • Leslie Figueroa

    Buyer's Agent in 2023

    Leslie Figueroa

    Keller Williams Realty Prtnrs.

    (203) 521-3552

    1 in this area

    59 Total Sales

    Leslie Figueroa
    Section Image
  • Douglas Ledewitz

    Seller's Agent in 2015

    Douglas Ledewitz

    Pulse Realty LLC

    (203) 305-5282

    3 in this area

    165 Total Sales

    Douglas Ledewitz
    Section Image

  • M

    Buyer's Agent in 2015

    Mendel Paris

    Paris Realty Group

    Section Image
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Map

Source: SmartMLS

MLS Number: 170568750

SmartMLS

APN: NHVN-000134-001055-001100

Connecticut New Haven County New Haven 06513 Quinnipiac Meadows

1516 Quinnipiac Ave, New Haven, CT

Not Listed for Sale

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