NOT LISTED FOR SALE

223 Farren Ave New Haven, CT 06513

Fair Haven Heights Neighborhood

Estimated Value: $511,507

4 Beds
4.5 Baths
3,432 Sq Ft
$149/Sq Ft Est. Value

Last Sold October 14, 2019

Last sale price $290,000 $84 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $3,451/month

29 Days on Market

Highlights

  • River Front
  • Property is near public transit
  • No HOA
  • Deck
  • Corner Lot
  • Walking Distance to Water

About This Home

As of October 2019

Money making mixed-use property fully rented with 4 residential units and one commercial space (barber shop) on the first floor. New high efficiency gas heating system, replacement windows and fire-rated entrance doors. Great location with bus stop right in front of the building and laundromat a short walk away. Off street parking for at least 3 cars.

Last Agent to Sell the Property

Ewa Zaniewska

William Raveis Real Estate License #RES.0785221 Listed on: 09/05/2019

William Raveis Real Estate

Last Buyer's Agent

Kim Tefft

William Raveis Real Estate License #RES.0806752

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,576

Year Built

  • Built in 1900

Lot Details

  • 3,049 Sq Ft Lot
  • River Front
  • Corner Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 3,432 Sq Ft Home
  • Thermal Windows
  • Awning
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • Parking Deck
  • Private Driveway
  • Off-Street Parking

Outdoor Features

  • Walking Distance to Water
  • Deck

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Additional Features

  • Public Transportation
  • Gross Income $40,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,576

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: Fair Haven
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors, Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 3432
  • Public Record Living Room Sq Ft: 3432
  • Total Sq Ft: 3432
  • Year Built: 1900
  • Nearby Amenities: Library, Medical Facilities, Park, Public Rec Facilities, Public Transportation, Shopping/Mall
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 4919
  • Directions: Townsend Ave to Farren Ave or Ferry Street to Ferry Street Bridge to Farren. The house is on the corner of Farren and East Ferry.
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement Description: Full
  • Attic: No
  • Street Number Modifier: 223

Exterior Features

  • Exterior Features: Awnings, Deck, Sidewalk
  • Exterior Siding: Vinyl Siding, Brick
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: River, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Private

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.0700
  • Lot Description: Corner Lot, Level Lot
  • Zoning: BA

Multi Family

  • Gross Annual Income: 40000
  • Net Operating Income: 24500
  • Unit Count: 5
  • Total Multi Family: 13
  • Total Num Of Units: 5

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 7576
  • Total Assessed Value: 176260
  • Mil Rate Base: 42.980
  • Mil Rate Total: 42.980
  • Assessor Parcel Number: 1238509

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
Sep 5, 2019
Closed on
Sep 25, 2019
Sold by
223 Farren Ave Llc
Bought by
Pf Capital T Llc
Seller's Agent
Ewa Zaniewska
William Raveis Real Estate
Buyer's Agent
Kim Tefft
William Raveis Real Estate
List Price
$319,000
Sold Price
$290,000
Premium/Discount to List
-$29,000
-9.09%
Current Estimated Value
$511,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,507
Avg. Annual Appreciation
9.92%

Purchase Details

Closed on
Sep 2, 2010
Sold by
Deangelo Nancy
Bought by
223 Farren Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,500
Interest Rate
5.83%
Mortgage Type
Commercial
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
Pf Capital T Llc $290,000 --
223 Farren Avenue Llc $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 223 Farren Avenue Llc $164,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2019 10/14/19 Sold $290,000 -9.1% $84 / Sq Ft
10/04/2019 10/04/19 Pending -- -- --
09/05/2019 09/05/19 For Sale $319,000 -- $93 / 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 $8,872 $225,190 $90,720 $134,470
2024 $8,670 $225,190 $90,720 $134,470
2023 $8,377 $225,190 $90,720 $134,470
2022 $8,951 $225,190 $90,720 $134,470
2021 $8,318 $189,560 $69,790 $119,770
2020 $8,318 $189,560 $69,790 $119,770
2019 $7,576 $176,260 $69,790 $106,470
2018 $7,576 $176,260 $69,790 $106,470
2017 $6,818 $176,260 $69,790 $106,470
2016 $6,544 $157,500 $60,130 $97,370
2015 $6,544 $157,500 $60,130 $97,370
2014 $6,544 $157,500 $60,130 $97,370
Source: Public Records

Agents Affiliated with this Home

  • Ewa Zaniewska

    Seller's Agent in 2019

    Ewa Zaniewska

    William Raveis Real Estate

    (203) 499-8607

    85 Total Sales

    Ewa Zaniewska
    Section Image

  • K

    Buyer's Agent in 2019

    Kim Tefft

    William Raveis Real Estate

    (203) 641-2978

    1 Total Sale

    Kim Tefft
    Section Image
  • Marc Kroopneck

    Buyer Co-Listing Agent in 2019

    Marc Kroopneck

    William Raveis Real Estate

    (203) 855-7827

    65 Total Sales

    Marc Kroopneck
    Section Image
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Map

Source: SmartMLS

MLS Number: 170232459

SmartMLS

APN: NHVN-000084-000993-001900

Connecticut New Haven County New Haven 06513 Fair Haven Heights

223 Farren Ave, New Haven, CT

This home is located at 223 Farren Ave, New Haven, CT 06513 since 05 September 2019 and is currently estimated at $511,507, approximately $149 per square foot. This property was built in 1900. 223 Farren Ave is a home located in New Haven County with nearby schools including Ross Woodward, 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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