NOT LISTED FOR SALE

Estimated Value: $390,000 - $453,728

4 Beds
2 Baths
2,164 Sq Ft
$198/Sq Ft Est. Value

Last Sold December 05, 2023

Last sale price $330,000 $152 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,990/month

55 Days on Market

Highlights

  • Attic
  • Level Lot
  • 4-minute walk to Pardee Seawall
  • Porch

About This Home

As of December 2023

This multifamily home is nestled in the heart of Morris Cove offering not only a prime location but also an excellent opportunity for income generation. Situated just steps away from the picturesque seawall, this home provides an idyllic coastal living experience. Imagine taking leisurely strolls and enjoying the refreshing breeze and panoramic views from the seawall to Lighthouse Point Park, a beloved local attraction with all its natural beauty to enjoy the beach, family picnics, and the famous carousel. Convenience is key, as this residence is also near Tweed Airport, making travel a breeze for both business and leisure. Additionally, just a stone’s throw away you will find Yale and the vibrant downtown area of New Haven offering a wealth of cultural, culinary, and entertainment options. This charming two-family home presents an opportunity for income generation, as the second floor is currently occupied by a month-to-month tenant. Whether you’re seeking an investment property or looking for a residence that provides additional rental income, this feature adds great value to the overall appeal of this home. With its prime location, proximity to great coastal amenities, and the potential for income generation this is an excellent opportunity not to be missed.

Last Agent to Sell the Property

Lorrie Maiorano

Calcagni Real Estate License #REB.0792295 Listed on: 10/04/2023

Calcagni Real Estate

Last Buyer's Agent

Stacey Silvia

Lock and Key Realty, Inc License #RES.0811759

Lock and Key Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,028

Year Built

  • Built in 1920

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,164 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Rain Gutters
  • Porch

Additional Features

  • Flood Zone Lot
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 1235955

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,028

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Neighborhood: Lighthouse Point
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2164
  • Total Sq Ft: 2164
  • Year Built: 1920
  • New Construction: No/Resale
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Public Record Gross Sq Ft: 3347
  • Directions: Townsend Ave to Shoreham Road
  • Financing Used: VA
  • Living Area Sq Ft Per Public Record: 2164
  • Spec Assoc Asses: No
  • Street Type: Road
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Attic Description: Access Via Hatch
  • Basement Description: Full, Unfinished
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: Yes
  • Street Number Modifier: 25

Exterior Features

  • Exterior Features: Gutters, Porch
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Water Community View Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Driveway Type: Paved, Asphalt
  • Garage And Parking: Driveway, Paved

Utilities

  • Cooling System: None
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: Non Applicable
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

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

Lot Info

  • Acres: 0.11
  • Lot Description: Level Lot
  • Elevation Certificate: No
  • Flood Zone: Yes
  • Zoning: RS2
  • Parcel #: 1235955

Multi Family

  • Total Number Of Units: 2
  • Unit Count: 2

Tax Info

  • Property Tax: 7028
  • Total Assessed Value: 188930
  • Mil Rate Total: 37.2

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
Oct 4, 2023
Closed on
Dec 5, 2023
Sold by
Bove Christopher R
Bought by
Downer-Muse Yasminda
Seller's Agent
Lorrie Maiorano
Calcagni Real Estate
Buyer's Agent
Stacey Silvia
Lock and Key Realty, Inc
List Price
$350,000
Sold Price
$330,000
Premium/Discount to List
-$20,000
-5.71%
Views
173
Current Estimated Value
$429,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,182
Avg. Annual Appreciation
15.72%
Original Mortgage
$325,370
Interest Rate
7.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 8, 2006
Sold by
Gagner Keith and Thystrup-Gagner Cheri
Bought by
Bove Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 10, 1998
Sold by
Keller Michael D
Bought by
Shoreline Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
7.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 18, 1994
Sold by
Bassetti Edith M
Bought by
Keller Michael D and Keller Richard M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Downer-Muse Yasminda $330,000 None Available
Bove Christopher $240,000 --
Shoreline Capital Llc $67,500 --
Gagner Keith R $79,625 --
Keller Michael D $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Downer-Muse Yasminda $335,549
Closed Downer-Muse Yasminda $325,370
Previous Owner Bassetti Edith M $216,700
Previous Owner Bassetti Edith M $192,000
Previous Owner Bassetti Edith M $97,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2023 12/05/23 Sold $330,000 -5.7% $152 / Sq Ft
11/28/2023 11/28/23 Pending -- -- --
10/04/2023 10/04/23 For Sale $350,000 -- $162 / 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 $7,444 $188,930 $67,830 $121,100
2024 $7,274 $188,930 $67,830 $121,100
2023 $7,028 $188,930 $67,830 $121,100
2022 $7,510 $188,930 $67,830 $121,100
2021 $6,066 $138,250 $48,090 $90,160
2020 $6,066 $138,250 $48,090 $90,160
2019 $5,942 $138,250 $48,090 $90,160
2018 $5,942 $138,250 $48,090 $90,160
2017 $5,348 $138,250 $48,090 $90,160
2016 $5,131 $123,480 $47,040 $76,440
2015 $5,131 $123,480 $47,040 $76,440
2014 $5,131 $123,480 $47,040 $76,440
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170602128

SmartMLS

APN: NHVN-000031-000880-001700