NOT LISTED FOR SALE

Estimated Value: $364,000 - $429,150

6 Beds
3 Baths
2,491 Sq Ft
$160/Sq Ft Est. Value

Last Sold April 17, 2024

Last sale price $370,000 $149 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,845/month

313 Days on Market

Highlights

  • Property is near public transit, shops, and bus stop
  • Porch
  • Level Lot
  • Attic
  • Public Transportation
  • 3-minute walk to Chatham Square Park

About This Home

As of April 2024

An amazing opportunity in the Fair Haven neighborhood of New Haven: this is perfect for an owner-occupier or investor. This location is located near the Quinnipiac River, Grand Avenue, and various local restaurants. This cute asset is 2491 SF & has tenant paid utilities. This asset has no arrears. Unit 1 has 2 bedrooms/1 bathroom that is ready for occupancy. Unit 2 has 2 bedrooms/1 bathroom rented for $995 and is currently M2M. The third floor is finished with 2 bedrooms/ 1 bathroom. Market rents for the available units are $1400+ yielding an 8+% CAP at occupancy. The asset features vinyl siding, updated windows, and driveway/off-street parking for up to 5 cars! AGENTS, PLEASE READ AGENT to AGENT REMARKS!

Last Agent to Sell the Property

Lisa Cozzi

Century 21 AllPoints Realty License #REB.0789668 Listed on: 06/09/2023

Century 21 AllPoints Realty

Co-Listed By

Maddy Ceruti

Century 21 AllPoints Realty License #RES.0813001

Last Buyer's Agent

Lauren Darling

Coldwell Banker Realty License #RES.0789984

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,984

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 2,491 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters
  • Porch

Additional Features

  • Property is near public transit, shops, and bus stop
  • Heating System Uses Natural Gas

Community Details

  • 3 Units
  • Public Transportation
  • Gross Income $45,540

Listing and Financial Details

  • Assessor Parcel Number 1242075

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,984

Year Built

Built in 1900

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 2491
  • Total Sq Ft: 2491
  • Year Built: 1900
  • New Construction: No/Resale
  • Nearby Amenities: 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: 3792
  • Directions: GPS friendly
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full
  • Attic: Yes

Exterior Features

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

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: None
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Other
  • Water Source: Public Water Connected, Public Water In Street
  • Sewer: Public Sewer Connected, Public Sewer In Street

Lot Info

  • Acres: 0.1
  • Lot Description: Level Lot
  • Zoning: RM1
  • Parcel #: 1242075

Multi Family

  • Gross Annual Income: 45540
  • Total Number Of Units: 3
  • Unit Count: 3

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 5984

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
Jun 9, 2023
Closed on
Apr 17, 2024
Sold by
Ocean 60 Llc
Bought by
Defrancesco Mark A and Defrancesco Lauren L
Seller's Agent
Lisa Cozzi
Century 21 AllPoints Realty
Buyer's Agent
Lauren Darling
Coldwell Banker Realty
List Price
$390,000
Sold Price
$370,000
Premium/Discount to List
-$20,000
-5.13%
Views
493
Current Estimated Value
$399,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,288
Avg. Annual Appreciation
4.00%
Original Mortgage
$277,500
Outstanding Balance
$273,354
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$125,934

Purchase Details

Listed on
Mar 22, 2016
Closed on
May 27, 2016
Sold by
Us Bank Na
Bought by
Shadmit Llc
Seller's Agent
Kathleen Croteau
Coldwell Banker Realty
Buyer's Agent
Mendel Paris
Paris Realty Group
List Price
$70,720
Sold Price
$125,000
Premium/Discount to List
$54,280
76.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.72%

Purchase Details

Closed on
Mar 26, 2015
Sold by
Torres Hugo and Bank Of America Na
Bought by
Bank Of America Na

Purchase Details

Closed on
Mar 18, 2005
Sold by
Shaw Chatham T and Shaw Merrill
Bought by
Torres Hugo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,700
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 22, 1997
Sold by
Dematteis Frank D and Inzero Richard P
Bought by
Shaw Sammie J
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
Defrancesco Mark A $370,000 None Available
Defrancesco Mark A $370,000 None Available
Shadmit Llc $125,000 --
Shadmit Llc $125,000 --
Bank Of America Na -- --
Bank Of America Na -- --
Torres Hugo $173,000 --
Torres Hugo $173,000 --
Shaw Sammie J $56,000 --
Shaw Sammie J $56,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Defrancesco Mark A $277,500
Closed Defrancesco Mark A $277,500
Previous Owner Shaw Sammie J $13,985
Previous Owner Shaw Sammie J $155,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/17/2024 04/17/24 Sold $370,000 -1.3% $149 / Sq Ft
09/08/2023 09/08/23 Price Changed $375,000 -1.3% $151 / Sq Ft
08/17/2023 08/17/23 Price Changed $380,000 -1.3% $153 / Sq Ft
07/12/2023 07/12/23 Price Changed $385,000 -1.3% $155 / Sq Ft
06/09/2023 06/09/23 For Sale $390,000 +212.0% $157 / Sq Ft
05/24/2016 05/24/16 Sold $125,000 +76.8% $50 / Sq Ft View Prior Sale
03/30/2016 03/30/16 Pending -- -- --
03/22/2016 03/22/16 For Sale $70,720 -- $28 / Sq Ft
Source: SmartMLS

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 $8,528 $216,440 $44,870 $171,570
2024 $8,333 $216,440 $44,870 $171,570
2023 $5,984 $160,860 $44,870 $115,990
2022 $6,394 $160,860 $44,870 $115,990
2021 $4,248 $96,810 $31,570 $65,240
2020 $4,248 $96,810 $31,570 $65,240
2019 $4,161 $96,810 $31,570 $65,240
2018 $4,161 $96,810 $31,570 $65,240
2017 $3,745 $96,810 $31,570 $65,240
2016 $3,429 $82,530 $27,300 $55,230
2015 $3,429 $82,530 $27,300 $55,230
2014 $3,429 $82,530 $27,300 $55,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170576036

SmartMLS

APN: NHVN-000158-000798-001600

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