NOT LISTED FOR SALE

Estimated Value: $455,492 - $542,000

8 Beds
3 Baths
3,238 Sq Ft
$153/Sq Ft Est. Value

Last Sold July 12, 2023

Last sale price $420,000 $130 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,449/month

230 Days on Market

Highlights

  • Property is near public transit
  • Attic
  • 3 Car Detached Garage
  • Finished Attic
  • No HOA
  • 5-minute walk to Monitor Square

About This Home

As of July 2023

BACK ON MARTKET, BUYER UNABLE TO MOVE FORWARD. WELCOME TO 1638 CHAPEL ST., NEW HAVEN, A GREAT INVESTMENT OPPORTUNITY IN AN EXCELLENT LOCATION!!! IN ADDITION TO BEING ON THE BUS ROUTE, THIS 3-FAMILY IS LOCATED CLOSE TO YALE HOSPITAL & OTHER AMENITIES SUCH AS A SHOPPING CENTER, THE NEW HAVEN GREEN, & EDGEWOOD PARK. IT ALSO HAS EASY ACCESS TO I-95, I-91 & THE MERRITT PARKWAY. WITH 3 UNITS, IT IS PERFECT AS AN OWNER-OCCUPIED, OR FULL INVESTMENT PROPERTY. THE FIRST & SECOND FLOOR UNITS BOTH OFFER 3 BEDROOMS, WHILE THE THIRD FLOOR UNIT COMES WITH 2 BEDROOMS. ALL OF THE ROOMS ARE SPACIOUS WITH LOTS OF WINDOWS TO LET IN NATURAL LIGHT. WASHER/DRYER HOOK-UPS ARE LOCATED IN THE LARGE, FULL, WALK-OUT BASEMENT & A DETACHED, 3-CAR, GARAGE IS AN ADDED BONUS. OPPORTUNITY IS KNOCKING - OPEN THE DOOR!!!

Last Listed By

Steve Jones Jr

KW Legacy Partners License #RES.0799717 Listed on: 06/28/2022

KW Legacy Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,057

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot

Home Design

  • Gable Roof Shape
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • 3,238 Sq Ft Home
  • Finished Attic

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 3 Car Detached Garage
  • Shared Driveway

Location

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

Utilities

  • Heating System Uses Gas
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Additional Features

  • Public Transportation
  • Gross Income $4,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,057

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 3238
  • Public Record Living Room Sq Ft: 3238
  • Total Sq Ft: 3238
  • Year Built: 1900
  • Nearby Amenities: Medical Facilities, Park, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4858
  • Tax Year Updated Dt: 07/03/2023
  • Directions: GPS Friendly
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Finished
  • Basement Description: Full With Walk-Out
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: Yes
  • Street Number Modifier: 1638

Exterior Features

  • Exterior Siding: Aluminum
  • Foundation Type: Block
  • Roof Information: Asphalt Shingle, Gable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 3
  • Driveway Type: Shared

Utilities

  • Heat Type: Gas on Gas
  • Heat Fuel Type: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Lot Info

  • Acres: 0.1200
  • Lot Description: Level Lot
  • Zoning: RM2

Multi Family

  • Gross Annual Income: 4000
  • Unit Count: 3
  • Total Multi Family: 18
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 8057
  • Total Assessed Value: 216580
  • Mil Rate Base: 37.200
  • Mil Rate Total: 37.200
  • Assessor Parcel Number: 2466854

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 28, 2022
Closed on
Jul 12, 2023
Sold by
Jones Calvin L
Bought by
Perez Cristian and Perez Frances B
Seller's Agent
Steve Jones Jr
KW Legacy Partners
Buyer's Agent
Angela Araujo
Keller Williams Realty
List Price
$429,900
Sold Price
$420,000
Premium/Discount to List
-$9,900
-2.3%
Total Days on Market
230
Views
216
Current Estimated Value
$496,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,623
Avg. Annual Appreciation
9.64%
Original Mortgage
$341,880
Outstanding Balance
$336,039
Interest Rate
6.79%
Mortgage Type
FHA
Estimated Equity
$160,584

Purchase Details

Listed on
Oct 9, 2018
Closed on
Mar 28, 2019
Sold by
Nhr Rc 1 Llc
Bought by
Jones Calvin L
Seller's Agent
Gary Poitras
SalCal Real Estate Connections
Buyer's Agent
Heather Halpin
KW Legacy Partners
List Price
$285,000
Sold Price
$280,000
Premium/Discount to List
-$5,000
-1.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.91%
Original Mortgage
$274,928
Interest Rate
4.3%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 27, 2015
Sold by
Nhr 2013 Llc
Bought by
Nhr Rc 1 Llc

Purchase Details

Listed on
Sep 17, 2013
Closed on
Sep 8, 2014
Sold by
Cintron Gina M and Cintron Elvin
Bought by
Nhr Llc
Seller's Agent
Mitchell Icart
Century 21 Scala Group
Buyer's Agent
Regina Sauer
Houlihan Lawrence WD
List Price
$159,900
Sold Price
$110,000
Premium/Discount to List
-$49,900
-31.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.22%
Original Mortgage
$170,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2003
Sold by
Marks Richard
Bought by
Cintron Gina M and Cintron Elvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,100
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2000
Sold by
Alaska Seabrd Ptnrs Lp
Bought by
Marks Richard

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Perez Cristian $420,000 None Available
Jones Calvin L $280,000 --
Nhr Rc 1 Llc $182,000 --
Nhr Llc $110,000 --
Cintron Gina M $259,000 --
Marks Richard $128,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Cristian $341,880
Previous Owner Jones Calvin L $274,928
Previous Owner Marks Richard $170,000
Previous Owner Marks Richard $238,000
Previous Owner Marks Richard $233,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2023 07/12/23 Sold $420,000 -2.3% $130 / Sq Ft
02/22/2023 02/22/23 Pending -- -- --
01/23/2023 01/23/23 For Sale $429,900 0.0% $133 / Sq Ft
01/10/2023 01/10/23 For Sale $429,900 0.0% $133 / Sq Ft
01/08/2023 01/08/23 Pending -- -- --
12/20/2022 12/20/22 Pending -- -- --
11/28/2022 11/28/22 Price Changed $429,900 -4.3% $133 / Sq Ft
10/07/2022 10/07/22 Price Changed $449,000 -3.4% $139 / Sq Ft
07/15/2022 07/15/22 Price Changed $464,900 -3.1% $144 / Sq Ft
07/06/2022 07/06/22 For Sale $479,900 +71.4% $148 / Sq Ft
03/29/2019 03/29/19 Sold $280,000 -1.8% $86 / Sq Ft
02/21/2019 02/21/19 Pending -- -- --
01/15/2019 01/15/19 For Sale $285,000 0.0% $88 / Sq Ft
11/25/2018 11/25/18 Pending -- -- --
10/09/2018 10/09/18 For Sale $285,000 +159.1% $88 / Sq Ft
09/17/2014 09/17/14 Sold $110,000 -31.2% $42 / Sq Ft
09/10/2014 09/10/14 Pending -- -- --
09/17/2013 09/17/13 For Sale $159,900 -- $61 / 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
2024 $8,338 $216,580 $47,600 $168,980
2023 $8,057 $216,580 $47,600 $168,980
2022 $8,609 $216,580 $47,600 $168,980
2021 $6,318 $143,990 $41,020 $102,970
2020 $6,318 $143,990 $41,020 $102,970
2019 $6,189 $143,990 $41,020 $102,970
2018 $6,189 $143,990 $41,020 $102,970
2017 $5,570 $143,990 $41,020 $102,970
2016 $4,738 $114,030 $32,270 $81,760
2015 $4,738 $114,030 $32,270 $81,760
2014 $4,738 $114,030 $32,270 $81,760
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Similar Homes in the area

  • 272 Greenwich Ave, New Haven, CT 06519

    $460,000

    • 6 Beds
    • 3 Baths
    • 2,684 Sq Ft
    • 272 Greenwich Ave
    • New Haven, CT

    ATTENTION INVESTORS!!!! All 3 floors currently all rented. 1st and 2nd floors are rented below market value. 1st Floor been in place for 15 years. 2nd floor several years and 3rd Floor 1 year. Come see with your clients at Scheduled Hours ONLY. 1st Floor limited viewing only. 2nd and 3rd floors have updates. Phone LA for appointment

    Eric Bergers William Raveis Real Estate

    Section Image
  • 241 Ferry St, New Haven, CT 06513

    $490,000

    • 6 Beds
    • 3 Baths
    • 2,906 Sq Ft
    • 241 Ferry St
    • New Haven, CT

    Located in the bustling Fair Haven area of New Haven, this well-maintained 3-family home offers an incredible opportunity for both investors and first-time homebuyers alike. Situated in a residential neighborhood with easy access to local commercial amenities and the scenic Quinnipiac River, this property combines convenience and potential. Each floor features a spacious two-bedroom, one-bathroom

    Marie Matta-Isona iVision Real Estate

    Section Image
  • 1626 Chapel St, New Haven, CT 06511

    $524,999

    • 9 Beds
    • 3 Baths
    • 3,330 Sq Ft
    • 1626 Chapel St
    • New Haven, CT

    Discover the incredible potential of this meticulously maintained three-family property in the vibrant heart of New Haven! First unit boasts 3 generous bedrooms and a full bathroom, ensuring ample space for comfortable living. The second unit has 3 bedrooms, and the third unit has 2. Imagine the convenience of being just moments away from hospitals, parks, and public transportation-this location

    Sasha Iyamu ERIS, LLC

    Section Image
  • 358 Edgewood Ave, New Haven, CT 06511

    $525,000

    • 6 Beds
    • 4 Baths
    • 3,859 Sq Ft
    • 358 Edgewood Ave
    • New Haven, CT

    Looking for an awesome investment or a place to live while earning rental income? Welcome to 358 Edgewood ave. This well-kept 4-family is a gem! You'll find 3 spacious 2-bed, 1-bath units plus a cozy studio apartment-all with hardwood floors and roomy layouts. There's off-street parking (1 spot per unit), a large basement with laundry hookups, and great long-term potential. You're just minutes

    Alvaro Tomas Baptista Ki Property Group

    Section Image
  • 48 Kensington St, New Haven, CT 06511

    $599,900

    • 9 Beds
    • 4.5 Baths
    • 3,404 Sq Ft
    • 48 Kensington St
    • New Haven, CT

    Seize this exceptional investment opportunity in New Haven with a fully occupied 4-unit property strategically located just minutes from downtown, Yale University, major hospitals, highways, and professional medical offices. This property's proximity to Yale New Haven Hospital's St. Raphael campus and its location in an emerging market make it a prime choice for investors seeking steady returns

    Steve Jones Jr KW Legacy Partners

    Section Image
  • 22 Whittlesey Ave, New Haven, CT 06511

    $465,000

    • 7 Beds
    • 3 Baths
    • 3,518 Sq Ft
    • 22 Whittlesey Ave
    • New Haven, CT

    An incredible opportunity awaits owner-occupants and investors in the sought-after Edgewood Park area of New Haven! This spacious 3-unit property, spanning over 3,500 square feet, offers a rare chance for owner-occupants to generate rental income while enjoying a home in a prime location. With separate utilities for each unit, financial flexibility and ease of management are built-in benefits.

    Lisa Cozzi Century 21 AllPoints Realty

    Section Image
  • 111 Kensington St, New Haven, CT 06511

    $385,000

    • 6 Beds
    • 3 Baths
    • 2,592 Sq Ft
    • 111 Kensington St
    • New Haven, CT

    A fantastic two family home with incredible potential while the exterior could use some updates. The second and third floor have been beautifully remodeled. This home also offers a possible in-law suite adding versatility for extended family or rental income, conveniently located near transportation and shopping is a true diamond in the rough whether you're a homeowner looking for extra space or

    Sharon Peters Century 21 Scala Group

    Section Image
  • 78 Dickerman St, New Haven, CT 06511

    $399,900

    • 8 Beds
    • 2.5 Baths
    • 3,002 Sq Ft
    • 78 Dickerman St
    • New Haven, CT

    FINALLY, AN INVESTMENT OPPORTUNITY TO OWN A VALUABLE PIECE OF REAL ESTATE WITHIN WALKING DISTANCE TO DOWNTOWN NEW HAVEN AND THE YALE UNIVERSITY MAIN CAMPUS. HAS A TOTAL OF 12 ROOMS AND EIGHT BEDROOMS. THIS PROPERTY WILL PROVIDE YOU WITH ABUNDANT RENTAL INCOME. HAVING BEEN GUT REHABBED A FEW YEARS BACK, THIS INVESTMENT GEM FEATURES NEW FULLY INSULATED WALLS AND CEILINGS. IT ALSO COMES WITH NEW

    Mathew Longanecker Life New England R.E. Company

    Section Image
  • 167 Gilbert St, West Haven, CT 06516

    $558,800

    • 6 Beds
    • 3 Baths
    • 2,249 Sq Ft
    • 167 Gilbert St
    • West Haven, CT

    Three Detached Single-Family Homes - Prime Investment Opportunity! This unique property features three fully detached single-family homes, each offering excellent rental potential. The main house has been completely updated with brand-new finishes, including a modern white shaker kitchen, sleek stainless steel appliances, and a newly installed HVAC system. Thoughtfully designed with contemporary

    Michael Sirochman Coldwell Banker Realty

    Section Image

Source: SmartMLS

MLS Number: 170504637

SmartMLS

APN: NHVN-000338-000225-000400