NOT LISTED FOR SALE

Estimated Value: $316,407 - $420,000

7 Beds
3 Baths
2,362 Sq Ft
$161/Sq Ft Est. Value

Last Sold September 01, 2022

Last sale price $272,500 $115 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,661/month

3 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Baseboard Heating
  • Corner Lot

About This Home

As of September 2022

Investors take notice! This is a 3 family home in Fair Haven with tons of potential. All units are occupied month to month and all tenants want to stay. 1st floor is a 3 bedroom, 1 bath for $1,100. 2nd floor is a 2 bedroom 1 bathroom for $800. The 3rd floor is a 2 bedroom 1 bath for $600. The 3rd floor doesn't have heat or hot water currently and the sink is missing from the bathroom. There is a small backyard and this is a corner lot. Work is needed AND therefore should be a cash sale. Convenient location close to Downtown New Haven, Yale University, hospitals & trains station. This property is to be conveyed in as-is condition. Inspections are for informational purposes if there is one. Sold as is subject to Probate approval. There are no disclosures except for lead. **ALL OFFERS DUE BY 5/26 ** HIGHEST AND BEST all offers will be sent to seller attorney and seller to discuss/negotiate and accept.

Last Listed By

Lauren Freedman

Coldwell Banker Realty License #REB.0792452 Listed on: 05/24/2022

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,837

Year Built

  • Built in 1900

Lot Details

  • 3,485 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

  • 2,362 Sq Ft Home
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Driveway
  • On-Street Parking

Location

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

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • No Hot Water

Community Details

  • No Home Owners Association
  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,837

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: Fair Haven
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2362
  • Public Record Living Room Sq Ft: 2362
  • Total Sq Ft: 2362
  • Year Built: 1900
  • Nearby Amenities: Commuter Bus, Health Club, Library, Medical Facilities, Park, Shopping/Mall, Walk to Bus Lines
  • Remarks Public Addendum: Estate of Linda B. Jackson is the seller name. Sold as is subject to Probate approval. There are no disclosures except for lead. Sold as is where is * **ALL OFFERS DUE BY 5/26 ** HIGHEST AND BEST. all offers will be sent to seller attorney and seller to
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 3908
  • Tax Year Updated Dt: 07/13/2022
  • Directions: 202 exchange, corner lot
  • Special Features: None

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Full, Full With Hatchway, Unfinished, Interior Access
  • Attic: No
  • Street Number Modifier: 202

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: On Street Parking
  • Driveway Type: Paved

Utilities

  • Heat Type: Baseboard, No Heat
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas, No Hot Water
  • 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
  • Middle School: Per Board of Ed
  • High School: Per Board of Ed
  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.0800
  • Lot Description: Corner Lot, Level Lot
  • Flood Zone: No
  • Zoning: RM2

Multi Family

  • Unit Count: 3
  • Total Multi Family: 12
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 6837
  • Total Assessed Value: 171990
  • Mil Rate Base: 39.750
  • Mil Rate Total: 39.750
  • Assessor Parcel Number: 1243081

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2022
Closed on
Sep 1, 2022
Sold by
Jackson Linda Est
Bought by
584 Bishop Ave Llc
Seller's Agent
Lauren Freedman
Coldwell Banker Realty
Buyer's Agent
Lauren Freedman
Coldwell Banker Realty
List Price
$199,999
Sold Price
$272,500
Premium/Discount to List
$72,501
36.25%
Total Days on Market
3
Views
12
Current Estimated Value
$380,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,852
Avg. Annual Appreciation
13.25%
Original Mortgage
$258,400
Interest Rate
4.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 7, 1985
Bought by
Jackson Linda B

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
584 Bishop Ave Llc $272,500 None Available
Jackson Linda B $53,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 584 Bishop Ave Llc $315,000
Closed 584 Bishop Ave Llc $258,400
Previous Owner Jackson Linda B $24,450
Previous Owner Jackson Linda B $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2022 09/01/22 Sold $272,500 +36.3% $115 / Sq Ft
05/27/2022 05/27/22 Pending -- -- --
05/24/2022 05/24/22 For Sale $199,999 -- $85 / 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 $6,622 $171,990 $38,570 $133,420
2023 $6,398 $171,990 $38,570 $133,420
2022 $6,837 $171,990 $38,570 $133,420
2021 $4,466 $101,780 $30,870 $70,910
2020 $4,466 $101,780 $30,870 $70,910
2019 $4,375 $101,780 $30,870 $70,910
2018 $4,375 $101,780 $30,870 $70,910
2017 $3,937 $101,780 $30,870 $70,910
2016 $2,952 $71,050 $14,070 $56,980
2015 $2,952 $71,050 $14,070 $56,980
2014 $2,952 $71,050 $14,070 $56,980
Source: Public Records

Agents Affiliated with this Home

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Source: SmartMLS

MLS Number: 170493997

SmartMLS

APN: NHVN-000166-000732-000100