$420,000
SOLD JUL 28, 2025

241 Wallace St New Haven, CT 06511

6 Beds
4 Baths
2,520 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$167 Per Sq Ft

7% Below List Price

6 Days on Market

Highlights

  • Attic
  • Hot Water Heating System
  • 2-minute walk to Jocelyn Square Park
  • Hot Water Circulator
  • Level Lot

About This Home

As of July 2025

Rare opportunity to own a modern, fully rented side-by-side duplex in the heart of Wooster Square. Built in the early 2000s, 241-243 Wallace Street features two spacious 3-bedroom, 1.5-bath units, each with private entrances, full basements, and separate utilities. This low-maintenance property is ideal for investors looking for immediate cash flow. Located just minutes from State Street Station, downtown New Haven, Yale, and Wooster Square Park, the property offers exceptional walkability and commuter access. Don't miss your chance to own a turn-key investment in one of New Haven's most desirable and rapidly growing neighborhoods.

Last Agent to Sell the Property

Jerard Gibson

Coldwell Banker Realty Brokerage Phone: (203) 843-3319 License #RES.0799911 Listed on: 05/27/2025

Coldwell Banker Realty

Last Buyer's Agent

Jerard Gibson

Coldwell Banker Realty Brokerage Phone: (203) 843-3319 License #RES.0799911 Listed on: 05/27/2025

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,298

Year Built

  • Built in 2006

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 2,520 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 6 Bedrooms

Schools

  • East Rock Elementary School
  • Wilbur Cross High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Hot Water Circulator

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 1245369

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,298

Year Built

Built in 2006

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Neighborhood: Wooster Square
  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 2520
  • Total Sq Ft: 2520
  • Year Built: 2006
  • New Construction: No/Resale
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Directions: Use GPS
  • Financing Used: Conventional Fixed
  • Street Type: Street
  • Reserve Prospect: Yes
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Attic Description: Access Via Hatch
  • Basement Description: Full, Full With Hatchway
  • Attic: Yes

Exterior Features

  • Exterior Siding: Vinyl Siding
  • 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 Water
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas, 30 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Lot Info

  • Acres: 0.15
  • Lot Description: Level Lot
  • Zoning: RM2
  • Parcel #: 1245369

Multi Family

  • Total Number Of Units: 2

Tax Info

  • Tax Year: July 2025-June 2026
  • Property Tax: 7298

MLS Schools

  • Elementary School: East Rock
  • High School: Wilbur Cross

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2025
Closed on
Jul 28, 2025
Sold by
Bryan Tahesha
Bought by
Teleb Ibrahem
Seller's Agent
Jerard Gibson
Coldwell Banker Realty
Buyer's Agent
Jerard Gibson
Coldwell Banker Realty
List Price
$449,990
Sold Price
$420,000
Premium/Discount to List
-$29,990
-6.66%
Views
194
Current Estimated Value
$443,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,816
Avg. Annual Appreciation
8.72%
Original Mortgage
$357,000
Outstanding Balance
$355,162
Interest Rate
6.84%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$88,654

Purchase Details

Listed on
Nov 13, 2020
Closed on
Mar 24, 2021
Sold by
Garcia Manuel R and Rivas Marie
Bought by
Bryan Tahesha
Seller's Agent
Brandon DeMars
Align Realty LLC
Buyer's Agent
Sherina Baker
SB Realty Group, LLC
List Price
$325,000
Sold Price
$295,000
Premium/Discount to List
-$30,000
-9.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.48%
Original Mortgage
$289,656
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 20, 2008
Sold by
Pagan Heriberto
Bought by
Rivas-Garcia Manuel and Rivas Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,350
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2005
Sold by
Petrillo Ronald A
Bought by
Pagan Heriberto
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Type Sale Price Title Company
Warranty Deed $420,000 --
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed $234,000 --
Warranty Deed $234,000 --
Warranty Deed $33,000 --
Warranty Deed $33,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $357,000 Future Advance Clause Open End Mortgage
Previous Owner $289,656 FHA
Previous Owner $230,350 Purchase Money Mortgage
Previous Owner $7,300 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/28/2025 07/28/25 Sold $420,000 -6.7% $167 / Sq Ft
06/14/2025 06/14/25 Pending -- -- --
06/07/2025 06/07/25 For Sale $449,990 0.0% $179 / Sq Ft
05/30/2025 05/30/25 Price Changed $449,990 0.0% $179 / Sq Ft
08/01/2021 08/01/21 Rented $1,750 0.0% --
06/26/2021 06/26/21 Under Contract -- -- --
04/19/2021 04/19/21 For Rent $1,750 0.0% --
03/26/2021 03/26/21 Sold $295,000 -6.3% $117 / Sq Ft View Prior Sale
03/12/2021 03/12/21 Pending -- -- --
12/10/2020 12/10/20 Price Changed $315,000 -3.1% $125 / Sq Ft
12/03/2020 12/03/20 For Sale $325,000 +10.2% $129 / Sq Ft
11/20/2020 11/20/20 Off Market $295,000 -- --
11/13/2020 11/13/20 For Sale $325,000 -- $129 / Sq Ft
Source: SmartMLS

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 $7,298 $185,220 $28,070 $157,150
2024 $7,131 $185,220 $28,070 $157,150
2023 $6,890 $185,220 $28,070 $157,150
2022 $7,362 $185,220 $28,070 $157,150
2021 $4,764 $108,570 $22,470 $86,100
2020 $4,764 $108,570 $22,470 $86,100
2019 $4,666 $108,570 $22,470 $86,100
2018 $4,666 $108,570 $22,470 $86,100
2017 $4,199 $108,570 $22,470 $86,100
2016 $3,633 $87,430 $14,980 $72,450
2015 $3,633 $87,430 $14,980 $72,450
2014 $3,633 $87,430 $14,980 $72,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24099057

SmartMLS

APN: NHVN-000199-000588-001100

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