NOT LISTED FOR SALE

248 Lexington Ave New Haven, CT 06513

Fair Haven Heights Neighborhood

Estimated Value: $515,000 - $593,000

6 Beds
3 Baths
3,303 Sq Ft
$165/Sq Ft Est. Value

Sale Details

Date Sold: December 9, 2024

Last sale price $450,000 $136 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,820 / mo

43 Days on Market

About This Home

As of December 2024

Welcome to 248 Lexington Ave, a prime investment opportunity located in the heart of New Haven, CT. This multi-family property has an excellent blend of location, potential rental income, and long-term value. Whether you're an investor looking to expand your portfolio or an owner-occupant seeking additional rental income, this property has it all. Situated in a convenient New Haven neighborhood, is close to shopping centers, restaurants, schools, and public transportation. With easy access to major highways and just a short drive from downtown New Haven and Yale University, this location provide both convenience and a vibrant community atmosphere.

Last Agent to Sell the Property

Anthony Jordan

Jordan Realty Co. License #REB.0791102 Listed on: 08/20/2024

Last Buyer's Agent

Jeffrey Granoff

GRL & Realtors, LLC License #REB.0275077

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,025

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • 3,303 Sq Ft Home
  • Gable Roof Shape
  • Concrete Foundation
  • Concrete Siding
  • Vinyl Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Radiator
  • Heating System Uses Natural Gas

Community Details

  • 3 Units
  • Gross Income $49,524

Listing and Financial Details

  • Assessor Parcel Number 1238987

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,025

Year Built

Built in 1900

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Neighborhood: Fair Haven
  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 3303
  • Total Sq Ft: 3303
  • Year Built: 1900
  • New Construction: No/Resale
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Directions: Use GPS
  • Financing Used: Conventional Fixed
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement Description: None
  • Attic: No

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Gable
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Concrete

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: None
  • Heat Type: Hot Air, Radiator
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas, Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Lot Info

  • Acres: 0.12
  • Lot Description: N/A
  • Zoning: RM1
  • Parcel #: 1238987

Multi Family

  • Gross Annual Income: 49524
  • Total Number Of Units: 3

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 10025

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2024
Closed on
Dec 5, 2024
Sold by
Bought by
Seller's Agent
Anthony Jordan
Jordan Realty Co.
Buyer's Agent
Jeffrey Granoff
GRL & Realtors, LLC
List Price
$450,000
Sold Price
$450,000
Views
48
Current Estimated Value
$544,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,259
Avg. Annual Appreciation
12.30%
Original Mortgage
$430,760
Interest Rate
0.0654%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 13, 2021
Closed on
Aug 12, 2021
Sold by
Bought by
Seller's Agent
Georgia Newcomb
Houlihan Lawrence WD
Buyer's Agent
Derrick A Banks
eXp Realty
List Price
$449,900
Sold Price
$445,000
Premium/Discount to List
-$4,900
-1.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.34%
Original Mortgage
$445,000
Interest Rate
0.029%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 2021
Sold by
Bought by

Purchase Details

Closed on
Jun 28, 2016
Sold by
Bought by

Purchase Details

Closed on
Jun 21, 2004
Sold by
Bought by

Purchase Details

Closed on
May 1, 2003
Sold by
Bought by
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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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$484,000 None Available
$445,000 None Available
-- None Available
-- --
$192,000 --
$161,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $430,760
Previous Owner $445,000
Previous Owner $163,073
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/09/2024 12/09/24 Sold $450,000 0.0% $136 / Sq Ft
10/02/2024 10/02/24 Pending -- -- --
08/20/2024 08/20/24 For Sale $450,000 +1.1% $136 / Sq Ft
08/13/2021 08/13/21 Sold $445,000 -1.1% $135 / Sq Ft View Prior Sale
07/31/2021 07/31/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $449,900 -- $136 / Sq Ft
Source: SmartMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $10,260 $260,400 $36,610 $223,790
2024 $10,025 $260,400 $36,610 $223,790
2023 $9,687 $260,400 $36,610 $223,790
2022 $10,351 $260,400 $36,610 $223,790
2021 $5,744 $130,900 $17,570 $113,330
2020 $5,744 $130,900 $17,570 $113,330
2019 $5,626 $130,900 $17,570 $113,330
2018 $5,626 $130,900 $17,570 $113,330
2017 $5,063 $130,900 $17,570 $113,330
2016 $4,872 $117,250 $26,390 $90,860
2015 $4,872 $117,250 $26,390 $90,860
2014 $4,872 $117,250 $26,390 $90,860
Source: Public Records

Agents Affiliated with this Home

  • Anthony Jordan

    Seller's Agent in 2024

    Anthony Jordan

    Jordan Realty Co.

    (203) 696-0337

    1 in this area

    36 Total Sales

    Anthony Jordan
    Section Image
  • Jeffrey Granoff

    Buyer's Agent in 2024

    Jeffrey Granoff

    GRL & Realtors, LLC

    (203) 494-1337

    3 in this area

    44 Total Sales

    Jeffrey Granoff
    Section Image
  • Georgia Newcomb

    Seller's Agent in 2021

    Georgia Newcomb

    Houlihan Lawrence WD

    (203) 804-2287

    1 in this area

    46 Total Sales

    Georgia Newcomb
    Section Image

  • D

    Buyer's Agent in 2021

    Derrick A Banks

    eXp Realty

    Section Image
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Map

Source: SmartMLS

MLS Number: 24033966

SmartMLS

APN: NHVN-000093-001003-000600

Connecticut New Haven County New Haven 06513 Fair Haven Heights

248 Lexington Ave, New Haven, CT

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.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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