$1,140,000
SOLD NOV 25, 2024
6 Beds
8 Baths
3,943 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$289 Per Sq Ft

19% Below List Price

159 Days on Market

Highlights

  • Water Views
  • Tankless Water Heater
  • Smart Lights or Controls
  • ENERGY STAR Certified Homes
  • Smart Appliances
  • Modified Wall Outlets

About This Home

As of November 2024

Calling all investors! New construction property walking distance to the beach. This legal 2 family property is a gem for those looking to offset their expenses with rental income. Each unit features 3 nice sized bedrooms, 3.5 bath, stainless steel appliances, modern design elements, breath taking views of Sea Bluff Beach, in-unit laundry room, expansive windows that flood space with natural lighting, and a 2 car garage with additional parking. Immerse yourself in costal luxury while having shopping centers and delicious food a short distance away. Beautiful sunsets, sunrises and refreshing sea breezes included. Fully occupied, with a cap rate of 5.45%, this is an investment not to be overlooked!

Last Agent to Sell the Property

Johnira Valdes

Toro Real Estate LLC License #RES.0809285 Listed on: 05/11/2024

Last Buyer's Agent

Tracee Adams

William Raveis Real Estate License #RES.0807414

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,585

Year Built

  • Built in 2023

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Side-by-Side
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Concrete Siding
  • Vinyl Siding

Interior Spaces

  • 3,943 Sq Ft Home
  • Water Views
  • Smart Lights or Controls
  • Smart Appliances

Bedrooms and Bathrooms

  • 6 Bedrooms

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Garage Access
  • Basement Storage

Accessible Home Design

  • Modified Wall Outlets
  • Multiple Entries or Exits

Eco-Friendly Details

  • Energy-Efficient Lighting
  • ENERGY STAR Certified Homes

Schools

  • Edith E. Mackrille Elementary School
  • West Haven High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Heating System Mounted To A Wall or Window
  • Tankless Water Heater

Community Details

  • 2 Units
  • Gross Income $98,400

Listing and Financial Details

  • Assessor Parcel Number 1421047

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,585

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Neighborhood: Savin Rock
  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 3943
  • Total Sq Ft: 3943
  • Year Built: 2023
  • New Construction: Completed/Never Occupied
  • Property Sub Type: 2 Family
  • Handicap Features: Multiple Entries/Exits
  • Direct Waterfront: No
  • Directions: GPS
  • Financing Used: Cash
  • Street Type: Road
  • Special Features: NewHome

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 8
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Basement Description: Full, Heated, Storage, Fully Finished, Garage Access, Cooled, Liveable Space
  • Laundry Room Info: Washer/Dryer All Units
  • Attic: No
  • Home Automation: Appliances, Electric Outlet(s), Lighting
  • Street Number Modifier: 19-21

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle Shingle
  • Waterfront Description: Walk to Water View Access
  • Swimming Pool: No
  • Construction Description: Frame, Concrete

Garage/Parking

  • Garages Number: 2
  • Garage And Parking: Attached Garage, Under House Garage

Utilities

  • Cooling System: Wall Unit
  • Heat Type: Wall Unit
  • Hot Water Description: Natural Gas, Tankless Hotwater
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Edith E. Mackrille
  • High School: West Haven

Green Features

  • Energy Features: Energy Star Rated

Lot Info

  • Acres: 0.17
  • Lot Description: Water View
  • Zoning: R2
  • Parcel #: 1421047

Multi Family

  • Gross Annual Income: 98400
  • Total Number Of Units: 2

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 17585
  • Mil Rate Total: 34

MLS Schools

  • Elementary School: Edith E. Mackrille
  • High School: West Haven

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2024
Closed on
Nov 20, 2024
Sold by
Adorno Enterprise Llc
Bought by
Cava Melanie and Drevo Todd
Seller's Agent
Johnira Valdes
Toro Real Estate LLC
Buyer's Agent
Tracee Adams
William Raveis Real Estate
List Price
$1,400,000
Sold Price
$1,140,000
Premium/Discount to List
-$260,000
-18.57%
Views
253
Current Estimated Value
$1,215,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,972
Avg. Annual Appreciation
7.89%

Purchase Details

Listed on
May 11, 2024
Closed on
Nov 19, 2024
Sold by
Cava Melanie and Drevo Todd
Bought by
West Beach Shore Llc
Seller's Agent
Johnira Valdes
Toro Real Estate LLC
Buyer's Agent
Tracee Adams
William Raveis Real Estate
List Price
$1,400,000
Sold Price
$1,140,000
Premium/Discount to List
-$260,000
-18.57%
Views
253

Purchase Details

Listed on
Nov 4, 2020
Closed on
Jan 4, 2021
Sold by
Adorno Christopher
Bought by
Adorno Enterprises Llc
Seller's Agent
Jason Arcuri
eXp Realty
Buyer's Agent
Johnira Valdes
Toro Real Estate LLC
List Price
$150,000
Sold Price
$137,500
Premium/Discount to List
-$12,500
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
71.29%
Original Mortgage
$30,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 4, 2020
Closed on
Dec 22, 2020
Sold by
Arcuri Jason and Como Matthew
Bought by
Adorno Christopher
Seller's Agent
Jason Arcuri
eXp Realty
Buyer's Agent
Johnira Valdes
Toro Real Estate LLC
List Price
$150,000
Sold Price
$137,500
Premium/Discount to List
-$12,500
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2020
Sold by
Thayer Thomas L and Lohrenz Mary A
Bought by
Arcuri Jason and Como Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 9, 1994
Sold by
Anderson John K
Bought by
Thayer Thomas L and Thayer Mary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,200
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $1,140,000 None Available
Warranty Deed $1,140,000 None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed $137,500 None Available
Warranty Deed $137,500 None Available
Warranty Deed $90,000 None Available
Warranty Deed $90,000 None Available
Warranty Deed $94,000 --
Warranty Deed $94,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $30,000 New Conventional
Previous Owner $143,000 Future Advance Clause Open End Mortgage
Previous Owner $75,200 Purchase Money Mortgage
Closed $23,500 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/25/2024 11/25/24 Sold $1,140,000 -10.6% $289 / Sq Ft
11/01/2024 11/01/24 Pending -- -- --
07/30/2024 07/30/24 Price Changed $1,275,000 0.0% $323 / Sq Ft
06/14/2024 06/14/24 Rented $4,200 0.0% --
05/25/2024 05/25/24 For Sale $1,400,000 0.0% $355 / Sq Ft
04/23/2024 04/23/24 For Rent $4,000 0.0% --
12/23/2020 12/23/20 Sold $137,500 -8.3% $62 / Sq Ft View Prior Sale
11/24/2020 11/24/20 Pending -- -- --
11/14/2020 11/14/20 For Sale $150,000 0.0% $68 / Sq Ft
11/09/2020 11/09/20 For Sale $150,000 0.0% $68 / Sq Ft
11/06/2020 11/06/20 Pending -- -- --
11/04/2020 11/04/20 For Sale $150,000 -- $68 / 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 $24,049 $731,640 $114,590 $617,050
2024 $17,585 $375,270 $79,310 $295,960
2023 $7,580 $168,070 $79,310 $88,760
2022 $4,824 $108,920 $79,310 $29,610
2021 $7,912 $178,640 $79,310 $99,330
2020 $7,571 $155,750 $72,800 $82,950
2019 $7,329 $155,750 $72,800 $82,950
2018 $7,225 $155,750 $72,800 $82,950
2017 $7,031 $155,750 $72,800 $82,950
2016 $6,953 $155,750 $72,800 $82,950
2015 $6,661 $167,020 $78,890 $88,130
2014 $6,661 $167,020 $78,890 $88,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24015060

SmartMLS

APN: WHAV-000015-000110