NOT LISTED FOR SALE

28 Terrace Ave West Haven, CT 06516

Allingtown Neighborhood

Estimated Value: $346,000 - $467,000

4 Beds
3 Baths
1,459 Sq Ft
$281/Sq Ft Est. Value

Last Sold July 17, 2015

Last sale price $190,000 $130 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $2,782/month

14 Days on Market

Highlights

  • Deck
  • No HOA
  • Enclosed Patio or Porch
  • Property is near public transit

About This Home

As of July 2015

Investment opportunity!! Great location and great income. Close to the university, this two family house has been rented to university students. Each unit has 3 bedrooms. The first floor unit has been freshly painted with kitchen and bath renovated within last two years. The second floor unit is currently rented with $1450 in rent income. The basement is also fully finished with a full bath and a kitchen, potential for additional living. Motivated owner. Must see!!
Owner/agent

Last Agent to Sell the Property

Dongjin Pan

Farm Valley Realty License #REB.0790248 Listed on: 05/07/2015

Last Buyer's Agent

Regina Sauer

Houlihan Lawrence WD License #RES.0773962

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,427

Year Built

  • Built in 1920

Lot Details

  • 8,398

Home Design

  • Vinyl Siding
  • Stucco Exterior

Interior Spaces

  • 3 Full Bathrooms
  • 1,459 Sq Ft Home
  • 3-Story Property
  • Attic or Crawl Hatchway Insulated

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • 3 Parking Spaces
  • Parking Deck
  • Off-Street Parking

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Schools

  • Pboe Elementary School
  • West Haven High School

Additional Features

  • 8,398 Sq Ft Lot
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,427

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: Units on different Floors
  • Total Sq Ft: 1459
  • Year Built: 1920
  • Nearby Amenities: Commuter Bus, Private School(s), Shopping/Mall, Public Trash Pickup, Walk to Bus Lines
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Directions: Campbell Ave to Terrace Ave
  • Special Features: None
  • Stories: 3

Interior Features

  • Full Bathrooms: 3
  • Attic Description: Crawl Space
  • Basement Description: Fully Finished, Full With Walk-Out
  • Laundry Room Location: First Floor
  • Attic: No
  • Stories Number Of: 3

Exterior Features

  • Exterior Features: Deck, Porch-Enclosed
  • Exterior Siding: Stucco, Vinyl Siding
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Total Parking Spaces: 3

Utilities

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

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.1928
  • Flood Zone: No

Rental Info

  • Landlord Responsibility: Electricity, Heat, Hot Water, Insurance, Maintenance/Repairs, Real Estate Taxes
  • Lease Purchase: No

Multi Family

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

Tax Info

  • Tax Year: July 2014-June 2015
  • Property Tax: 4427
  • Assessor Parcel Number: 1431559

MLS Schools

  • Elementary School: PBOE
  • High School: West Haven

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2015
Closed on
Jul 21, 2015
Sold by
Pan Dongjin and Pan Dongjin
Bought by
Scandariato Philip and Scandariato Danielle
Seller's Agent
Dongjin Pan
Farm Valley Realty
Buyer's Agent
Regina Sauer
Houlihan Lawrence WD
List Price
$215,000
Sold Price
$190,000
Premium/Discount to List
-$25,000
-11.63%
Current Estimated Value
$410,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,657
Avg. Annual Appreciation
7.70%
Original Mortgage
$142,500
Outstanding Balance
$111,191
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$299,466

Purchase Details

Closed on
Mar 15, 2011
Sold by
Wu Ming and Yan Y
Bought by
Shi George X and Pan Dongjin

Purchase Details

Closed on
Aug 20, 2009
Sold by
Fnma
Bought by
Wu Ming and Yan Y

Purchase Details

Closed on
Oct 6, 2008
Sold by
Arenas Pablo
Bought by
Chase Home Finance Llc

Purchase Details

Closed on
Jun 27, 2007
Sold by
Delmar Equities Llc
Bought by
Arenas Pablo A

Purchase Details

Closed on
Sep 17, 2003
Sold by
Pettola Joseph and Pettola Lorraine J
Bought by
Toto Joseph
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

Date Buyer Sale Price Title Company
Scandariato Philip $190,000 --
Scandariato Philip $190,000 --
Shi George X $162,000 --
Shi George X $162,000 --
Wu Ming $100,000 --
Wu Ming $100,000 --
Chase Home Finance Llc -- --
Chase Home Finance Llc -- --
Arenas Pablo A $300,000 --
Arenas Pablo A $300,000 --
Toto Joseph $125,000 --
Toto Joseph $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Toto Joseph $142,500
Closed Toto Joseph $142,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2015 07/17/15 Sold $190,000 -11.6% $130 / Sq Ft
05/21/2015 05/21/15 Pending -- -- --
05/07/2015 05/07/15 For Sale $215,000 -- $147 / 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 $7,428 $215,110 $57,540 $157,570
2024 $6,698 $138,040 $39,830 $98,210
2023 $6,420 $138,040 $39,830 $98,210
2022 $6,295 $138,040 $39,830 $98,210
2021 $6,295 $138,040 $39,830 $98,210
2020 $5,557 $110,110 $32,340 $77,770
2019 $5,359 $110,110 $32,340 $77,770
2018 $5,313 $110,110 $32,340 $77,770
2017 $5,028 $110,110 $32,340 $77,770
2016 $5,017 $110,110 $32,340 $77,770
2015 $4,454 $110,390 $34,720 $75,670
2014 $4,427 $110,390 $34,720 $75,670
Source: Public Records

Agents Affiliated with this Home

  • Dongjin Pan

    Seller's Agent in 2015

    Dongjin Pan

    Farm Valley Realty

    (860) 977-5998

    2 in this area

    8 Total Sales

    Dongjin Pan
    Section Image
  • Regina Sauer

    Buyer's Agent in 2015

    Regina Sauer

    Houlihan Lawrence WD

    (203) 494-3421

    2 in this area

    114 Total Sales

    Regina Sauer
    Section Image
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Map

Source: SmartMLS

MLS Number: G10043823

SmartMLS

APN: WHAV-000054-000309

Connecticut New Haven County West Haven 06516 Allingtown

28 Terrace Ave, West Haven, CT

Not Listed for Sale

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