NOT LISTED FOR SALE

256 Lombard St New Haven, CT 06513

Fair Haven Neighborhood

Estimated Value: $426,000 - $452,000

5 Beds
3 Baths
2,502 Sq Ft
$174/Sq Ft Est. Value

Last Sold May 29, 2020

Last sale price $252,000 $101 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,997/month

90 Days on Market

Highlights

  • Attic
  • Level Lot
  • 4-minute walk to Chatham Square Park
  • No HOA

About This Home

As of May 2020

This is an Amazing turn key investment property in New Haven. Between being able to live rent free or having a potential gross income of over 30,000 there are endless opportunities for new or seasoned investors! Great tenant history with the third floor tenant being there for 10 years! This multifamily is in great shape with a newer roof, gas appliances, and great vinyl siding. Come take a look at this 3 family and see the potential for yourself! All separate utilities and gas heating systems as well, 3rd fl furnace is in the attic.

Last Agent to Sell the Property

Tyler Swett

mygoodagent License #RES.0812586 Listed on: 10/22/2019

Co-Listed By

David Candelora

RE/MAX Showcase License #REB.0791964

Last Buyer's Agent

Tarena Gadsden

Coldwell Banker Realty License #RES.0813190

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,958

Year Built

  • Built in 1910

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot

Parking

  • On-Street Parking

Home Design

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

Interior Spaces

  • 2,502 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Fuel Tank Located in Basement

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Gross Income $33,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,958

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Neighborhood: Fair Haven
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors, 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 2502
  • Public Record Living Room Sq Ft: 2502
  • Total Sq Ft: 2502
  • Year Built: 1910
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 3916
  • Directions: fairy street to lombard
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Access Via Hatch
  • Basement Description: Full With Hatchway
  • Attic: Yes
  • Street Number Modifier: 256

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: On Street Parking

Utilities

  • Heat Type: Gas on Gas
  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: In Basement
  • Hot Water Description: Natural Gas
  • 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

Lot Info

  • Acres: 0.1200
  • Lot Description: Level Lot
  • Zoning: RM1

Multi Family

  • Gross Annual Income: 33000
  • Net Operating Income: 22276
  • Unit Count: 3
  • Total Multi Family: 11
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 4958
  • Total Assessed Value: 115360
  • Mil Rate Base: 42.980
  • Mil Rate Total: 42.980
  • Assessor Parcel Number: 1242066

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 22, 2019
Closed on
May 27, 2020
Sold by
Bd Property Holdings Llc
Bought by
Jones Eugene
Seller's Agent
Tyler Swett
mygoodagent
Buyer's Agent
Tarena Gadsden
Coldwell Banker Realty
List Price
$249,000
Sold Price
$252,000
Premium/Discount to List
$3,000
1.2%
Current Estimated Value
$435,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,214
Avg. Annual Appreciation
10.73%
Original Mortgage
$247,435
Outstanding Balance
$220,219
Interest Rate
3.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$209,566

Purchase Details

Closed on
Dec 21, 2016
Sold by
Eastman Ben
Bought by
Bd Property Holdings L

Purchase Details

Closed on
May 13, 2009
Sold by
Vinson Melvin
Bought by
National City Re Svcs

Purchase Details

Closed on
Nov 25, 2003
Sold by
Pabon Vincente and Pabon Gabriel
Bought by
Vinson Melvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,450
Interest Rate
5.98%

Purchase Details

Closed on
Oct 31, 2000
Sold by
Miller Noreen A
Bought by
Pabon Vincente and Pabon Gabriel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,250
Interest Rate
7.83%
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Jones Eugene $252,000 None Available
Bd Property Holdings L -- --
National City Re Svcs -- --
Vinson Melvin $165,000 --
Pabon Vincente $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Eugene $247,435
Previous Owner Eastman Ben $610,000
Previous Owner Pabon Vincente $105,000
Previous Owner Pabon Vincente $162,450
Previous Owner Pabon Vincente $106,250
Closed Pabon Vincente $12,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2020 05/29/20 Sold $252,000 +1.2% $101 / Sq Ft
03/27/2020 03/27/20 For Sale $249,000 0.0% $100 / Sq Ft
01/20/2020 01/20/20 Pending -- -- --
10/22/2019 10/22/19 For Sale $249,000 -- $100 / 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 $7,516 $190,750 $45,780 $144,970
2024 $7,344 $190,750 $45,780 $144,970
2023 $7,096 $190,750 $45,780 $144,970
2022 $7,582 $190,750 $45,780 $144,970
2021 $5,062 $115,360 $32,270 $83,090
2020 $5,062 $115,360 $32,270 $83,090
2019 $4,958 $115,360 $32,270 $83,090
2018 $4,958 $115,360 $32,270 $83,090
2017 $4,462 $115,360 $32,270 $83,090
2016 $3,932 $94,640 $27,860 $66,780
2015 $3,932 $94,640 $27,860 $66,780
2014 $3,932 $94,640 $27,860 $66,780
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    Tyler Swett

    mygoodagent

    Section Image
  • David Candelora

    Seller Co-Listing Agent in 2020

    David Candelora

    RE/MAX

    (203) 441-1111

    4 in this area

    48 Total Sales

    David Candelora
    Section Image
  • Tarena Gadsden

    Buyer's Agent in 2020

    Tarena Gadsden

    Coldwell Banker Realty

    (203) 535-8135

    3 in this area

    13 Total Sales

    Tarena Gadsden
    Section Image
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Map

Source: SmartMLS

MLS Number: 170246613

SmartMLS

APN: NHVN-000158-000798-000700

Connecticut New Haven County New Haven 06513 Fair Haven

256 Lombard St, New Haven, CT

This home is located at 256 Lombard St, New Haven, CT 06513 since 22 October 2019 and is currently estimated at $435,214, approximately $173 per square foot. This property was built in 1910. 256 Lombard St is a home located in New Haven County with nearby schools including Elm City College Preparatory 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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