NOT LISTED FOR SALE

Estimated Value: $499,694

4 Beds
2 Baths
2,706 Sq Ft
$185/Sq Ft Est. Value

Last Sold February 11, 2021

Last sale price $340,000 $126 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,275/month

104 Days on Market

Highlights

  • City View
  • No HOA
  • Public Transportation
  • Property is near public transit
  • Tankless Water Heater
  • Baseboard Heating

About This Home

As of February 2021

Rare opportunity to own mint condition beautiful brick fully occupied mix use building( 1 commercial space and two renovated apartments) only a few blocks from the Heart of Downtown New Haven, Yale and local hospitals. The first floor commercial space has a martial arts studio with a three year lease with escalations in monthly rent each year. The space is one large open space with 946 SQ FT with renovated bathroom and basement storage. The second floor apartment has been beautifully renovated and features a four rooms layout with 2 bedrooms and 1 bath. The space has a large living room with great natural light, original refinished wood floors and high ceilings. Beautifully remodeled eat in kitchen with new white cabinets, laminate counter tops, laminate floors, stylish white tile backsplash and new SS appliances. The apartment has two nice bedrooms with a remodeled tile bath with white vanity with granite countertop. The third floor features a similar 4 room, 2 bedroom and 1 bath apartment. The apartment has a great open layout with spacious living room with wood floors and nice light. The living room opens up to the tiled eat in kitchen with new cherry cabinets, laminate counters and SS appliances. The apartment has two nice bedrooms with one remodeled tile bath with shower. The apartment have two new high energy efficient on demand boilers/hot water and beautiful backyard.

Last Agent to Sell the Property

Jack Hill

Seabury Hill REALTORS License #REB.0795121 Listed on: 10/30/2020

Last Buyer's Agent

Jack Hill

Seabury Hill REALTORS License #REB.0795121 Listed on: 10/30/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,828

Year Built

  • Built in 1900

Lot Details

  • 2,178 Sq Ft Lot
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Concrete Foundation
  • Masonry Siding

Interior Spaces

  • 2,706 Sq Ft Home
  • City Views
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Exterior Lighting

Location

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

Utilities

  • Baseboard Heating
  • Tankless Water Heater

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,828

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 2706
  • Public Record Living Room Sq Ft: 2706
  • Total Sq Ft: 2706
  • Year Built: 1900
  • Nearby Amenities: Park, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3586
  • Directions: Edgewood Avenue on the corner of Day Street
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Full
  • Attic: No
  • Street Number Modifier: 162

Exterior Features

  • Exterior Features: Lighting, Sidewalk
  • Exterior Siding: Brick
  • Foundation Type: Concrete
  • Swimming Pool: No
  • Construction Description: Brick

Garage/Parking

  • Garage Parking Info: On Street Parking

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: 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: 0.0500
  • Lot Description: City Views, Level Lot
  • Zoning: RM2

Multi Family

  • Unit Count: 3
  • Total Multi Family: 10
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 6828
  • Total Assessed Value: 155610
  • Mil Rate Base: 43.880
  • Mil Rate Total: 43.880
  • Assessor Parcel Number: 1255273

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2022
Sold by
Edgewood Holdings Llc
Bought by
Chazak Ct Llc
Current Estimated Value
$499,694

Purchase Details

Listed on
Oct 30, 2020
Closed on
Feb 8, 2021
Sold by
162 Edgewood Ave Llc
Bought by
Edgewood Holdings Llc
Seller's Agent
Jack Hill
Seabury Hill REALTORS
Buyer's Agent
Jack Hill
Seabury Hill REALTORS
List Price
$375,000
Sold Price
$340,000
Premium/Discount to List
-$35,000
-9.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.11%
Original Mortgage
$260,000
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 19, 2018
Sold by
Taylor Roberto J and Taylor Beatrice D
Bought by
162 Edgewood Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
4.7%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 11, 1986
Bought by
Taylor Roberto J and Taylor Beatrice D
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
Chazak Ct Llc -- None Available
Edgewood Holdings Llc $340,000 None Available
162 Edgewood Ave Llc $215,000 --
Taylor Roberto J $107,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Edgewood Holdings Llc $260,000
Previous Owner Taylor Roberto J $161,000
Previous Owner Taylor Roberto J $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2021 02/11/21 Sold $340,000 -5.5% $126 / Sq Ft
12/01/2020 12/01/20 Price Changed $359,900 -4.0% $133 / Sq Ft
10/30/2020 10/30/20 For Sale $375,000 -- $139 / 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 $7,510 $190,610 $28,910 $161,700
2024 $7,338 $190,610 $28,910 $161,700
2023 $7,091 $190,610 $28,910 $161,700
2022 $7,577 $190,610 $28,910 $161,700
2021 $6,828 $155,610 $11,550 $144,060
2020 $6,828 $155,610 $11,550 $144,060
2019 $6,688 $155,610 $11,550 $144,060
2018 $6,688 $155,610 $11,550 $144,060
2017 $6,019 $155,610 $11,550 $144,060
2016 $5,547 $133,490 $15,680 $117,810
2015 $5,547 $133,490 $15,680 $117,810
2014 $5,547 $133,490 $15,680 $117,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170351080

SmartMLS

APN: NHVN-000316-000245-001500