NOT LISTED FOR SALE

205 Farren Ave New Haven, CT 06513

Fair Haven Heights Neighborhood

Estimated Value: $401,000 - $411,000

5 Beds
3 Baths
2,463 Sq Ft
$164/Sq Ft Est. Value

Last Sold August 08, 2024

Last sale price $370,000 $150 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,613/month

14 Days on Market

Highlights

  • Property is near public transit
  • Porch
  • Level Lot
  • Attic
  • Public Transportation

About This Home

As of August 2024

Discover this charming 3-unit gem nestled near the serene Quinnipiac River. Boasting two, 2-bedroom units along with a 1-bedroom on the third floor, this property offers endless potential. Units 1 and 3 are move-in ready, awaiting your discerning tenants. Potential abounds with rental rates reaching up to $1,750 for 2-bedroom units and $1,500 for 1-bedroom units in this sought-after location. Each unit features separate utilities, ensuring convenience for tenants and maximizing returns for investors. Enjoy the fenced backyard and off-street parking for up to 5 cars-a rare find in this vibrant neighborhood. Some units showcase laminate flooring and updated bathrooms with ceramic tiles. Recent upgrades include newer windows throughout, enhancing energy efficiency and aesthetic appeal. Conveniently located near Ferry St for easy access to Fair Haven, major highways, and scenic parks, this property is ideal for savvy investors or owner-occupiers seeking a prime income opportunity. Don't miss out-this property is primed to achieve market rents with a touch of TLC, making it a lucrative investment from day one. Sold As-Is, Where-Is, with inspections for informational purposes only. Agents, please refer to Agent-to-Agent remarks for further details.

Last Agent to Sell the Property

Lisa Cozzi

Century 21 AllPoints Realty License #REB.0789668 Listed on: 07/03/2024

Century 21 AllPoints Realty

Co-Listed By

Chantal Lallier

Century 21 AllPoints Realty License #RES.0824820

Last Buyer's Agent

Meaghan Clark

Berkshire Hathaway NE Prop. License #RES.0815477

Berkshire Hathaway NE Prop.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,374

Year Built

  • Built in 1910

Lot Details

  • 3,485 Sq Ft Lot
  • Level Lot

Home Design

  • 2,463 Sq Ft Home
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Attic

  • Walkup Attic
  • Partially Finished Attic

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Outdoor Features

  • Exterior Lighting
  • Rain Gutters
  • Porch

Location

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

Utilities

  • Heating System Uses Natural Gas

Community Details

  • 3 Units
  • Public Transportation
  • Gross Income $11,940

Listing and Financial Details

  • Assessor Parcel Number 1238503

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,374

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 2463
  • Total Sq Ft: 2463
  • Year Built: 1910
  • New Construction: No/Resale
  • Nearby Amenities: Health Club, Medical Facilities, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Directions: GPS friendly
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 2463
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Attic Description: Partially Finished, Walk-up
  • Basement Description: Full, Unfinished, Storage
  • Attic: Yes
  • Street Number Modifier: 205

Exterior Features

  • Exterior Features: Sidewalk, Porch, Gutters, Lighting
  • Exterior Siding: Aluminum
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • 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

Schools

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

Lot Info

  • Acres: 0.08
  • Lot Description: Level Lot
  • Zoning: RM2
  • Parcel #: 1238503

Multi Family

  • Gross Annual Income: 11940
  • Net Operating Income: 2173
  • Total Number Of Units: 3

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 5374
  • Total Assessed Value: 139580
  • Mil Rate Total: 38.5

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
Jul 3, 2024
Closed on
Aug 8, 2024
Sold by
Nahal Kibbutzim Llc
Bought by
Plaza Brenda
Seller's Agent
Lisa Cozzi
Century 21 AllPoints Realty
Buyer's Agent
Meaghan Clark
Berkshire Hathaway NE Prop.
List Price
$370,000
Sold Price
$370,000
Current Estimated Value
$404,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,373
Avg. Annual Appreciation
7.22%
Original Mortgage
$277,500
Outstanding Balance
$274,853
Interest Rate
6.86%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$124,651

Purchase Details

Closed on
Mar 25, 2022
Sold by
Itzhaky Shimon Sinai and Itzhaky Vard
Bought by
Nahal Kibbutzim Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,500
Interest Rate
3.63%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 19, 2015
Sold by
Noy Real Estate Llc
Bought by
Varda Llc and Shimon-Sinai Itzhaky

Purchase Details

Closed on
May 15, 2014
Sold by
Shoam Real Est Holding
Bought by
Noy Real Estate Llc

Purchase Details

Closed on
Nov 1, 2013
Sold by
Sun Escape Llc
Bought by
Shoam Real Estate Hldg

Purchase Details

Closed on
Feb 20, 2013
Sold by
Dawson Roger
Bought by
Sun Escape Llc

Purchase Details

Closed on
Nov 2, 2012
Sold by
Heinrich Bernd
Bought by
Bank Of New York Mello and Cwabs Inc

Purchase Details

Closed on
Oct 8, 2009
Sold by
Heinrich Bernd
Bought by
Heinrich Llc

Purchase Details

Closed on
Jan 26, 2005
Sold by
Chase Manhatten Bk
Bought by
Heinrich Bernd M
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 Buyer Sale Price Title Company
Plaza Brenda $370,000 None Available
Nahal Kibbutzim Llc -- None Available
Nahal Kibbutzim Llc -- None Available
Varda Llc -- --
Varda Llc -- --
Noy Real Estate Llc -- --
Noy Real Estate Llc -- --
Shoam Real Estate Hldg $90,000 --
Shoam Real Estate Hldg $90,000 --
Sun Escape Llc -- --
Dawson Roger $52,500 --
Sun Escape Llc -- --
Bank Of New York Mello -- --
Bank Of New York Mello -- --
Heinrich Llc -- --
Heinrich Llc -- --
Heinrich Bernd M $129,900 --
Heinrich Bernd M $129,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Plaza Brenda $277,500
Previous Owner Nahal Kibbutzim Llc $218,500
Previous Owner Heinrich Bernd M $500,000
Previous Owner Heinrich Bernd M $211,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2024 08/08/24 Sold $370,000 0.0% $150 / Sq Ft
07/17/2024 07/17/24 Pending -- -- --
07/03/2024 07/03/24 For Sale $370,000 -- $150 / 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 $5,499 $139,580 $38,570 $101,010
2024 $5,374 $139,580 $38,570 $101,010
2023 $5,192 $139,580 $38,570 $101,010
2022 $5,548 $139,580 $38,570 $101,010
2021 $4,122 $93,940 $25,270 $68,670
2020 $4,122 $93,940 $25,270 $68,670
2019 $4,038 $93,940 $25,270 $68,670
2018 $4,038 $93,940 $25,270 $68,670
2017 $3,634 $93,940 $25,270 $68,670
2016 $3,284 $79,030 $23,870 $55,160
2015 $3,284 $79,030 $23,870 $55,160
2014 -- $79,030 $23,870 $55,160
Source: Public Records

Agents Affiliated with this Home

  • Lisa Cozzi

    Seller's Agent in 2024

    Lisa Cozzi

    Century 21 AllPoints Realty

    (860) 966-9217

    5 in this area

    212 Total Sales

    Lisa Cozzi
    Section Image
  • Chantal Lallier

    Seller Co-Listing Agent in 2024

    Chantal Lallier

    Century 21 AllPoints Realty

    (860) 729-4176

    2 in this area

    96 Total Sales

    Chantal Lallier
    Section Image
  • Meaghan Clark

    Buyer's Agent in 2024

    Meaghan Clark

    Berkshire Hathaway Home Services

    (860) 212-7540

    2 in this area

    28 Total Sales

    Meaghan Clark
    Section Image
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Map

Source: SmartMLS

MLS Number: 24030055

SmartMLS

APN: NHVN-000084-000993-001400

Connecticut New Haven County New Haven 06513 Fair Haven Heights

205 Farren Ave, New Haven, CT

This home is located at 205 Farren Ave, New Haven, CT 06513 since 03 July 2024 and is currently estimated at $404,373, approximately $164 per square foot. This property was built in 1910. 205 Farren Ave is a home located in New Haven County with nearby schools including Cold Spring School and St Francis & St Rose Of Lima School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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