NOT LISTED FOR SALE

Estimated Value: $904,000 - $1,173,000

8 Beds
3 Baths
3,583 Sq Ft
$287/Sq Ft Est. Value

Last Sold September 11, 2019

Last sale price $570,000 $159 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $6,710/month

85 Days on Market

Highlights

  • Property is near public transit
  • Porch
  • Baseboard Heating
  • Attic
  • Smart Locks
  • Level Lot

About This Home

As of September 2019

TURN-KEY INVESTMENT. Over $74,000 annual rental income. Large three family in the heart of East Rock. Meticulously maintained over the years to be an income producer. Gleaming hardwood floors throughout. The first floor is a large 3 bedroom with in-unit laundry and a newly renovated bath. The 2nd floor, also a 3 bedroom with laundry had a recent bathroom and kitchen renovation. Loft style third floor is a two bedroom with vaulted ceilings, exposed brick, and an open kitchen. All interiors recently painted. This property also includes a fully finished basement area that brings options and possibilities for the right buyer. Quaint level back yard. On the Yale Shuttle, an easy walk to the shops on State and Orange Streets, and East Rock's parks. Minutes to downtown, and Yale.

Last Agent to Sell the Property

Michael Martinez

Houlihan Lawrence WD License #RES.0781704 Listed on: 06/18/2019

Houlihan Lawrence WD

Last Buyer's Agent

Michael Martinez

Houlihan Lawrence WD License #RES.0781704 Listed on: 06/18/2019

Houlihan Lawrence WD

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,644

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot

Parking

  • On-Street Parking

Home Design

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

Interior Spaces

  • 3,583 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated
  • Smart Locks

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • Property is near shops

Schools

  • East Rock Elementary School
  • Wilbur Cross High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground

Community Details

  • 3 Units
  • Gross Income $74,364

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,644

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: East Rock
  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 3583
  • Public Record Living Room Sq Ft: 3583
  • Total Sq Ft: 3583
  • Year Built: 1900
  • New Construction: Completed/Never Occupied
  • Nearby Amenities: Basketball Court, Commuter Bus, Shopping/Mall, Tennis Courts
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5541
  • Tax Year Updated Dt: 07/29/2019
  • Directions: EDWARD OR LAWRENCE TO NICOLL
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Access Via Hatch
  • Basement Description: Full With Hatchway
  • Laundry Room Info: Washer/Dryer Some Units
  • Attic: Yes
  • Home Automation: Lock(s)
  • Street Number Modifier: 29

Exterior Features

  • Exterior Features: Porch
  • 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

  • Cooling System: Window Unit
  • Heat Type: Baseboard, Gravity Warm Air
  • Heat Fuel Type: Natural Gas, Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

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

Lot Info

  • Acres: 0.1000
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: RM2

Multi Family

  • Gross Annual Income: 74364
  • Net Operating Income: 45464
  • Unit Count: 3
  • Total Multi Family: 14
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 13644
  • Total Assessed Value: 317450
  • Mil Rate Base: 42.980
  • Mil Rate Total: 42.980
  • Assessor Parcel Number: 1245176

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2024
Sold by
Taraz Manouchehr and Taraz Sean
Bought by
29 Nicoll Llc
Current Estimated Value
$1,027,458

Purchase Details

Listed on
Jun 18, 2019
Closed on
Sep 10, 2019
Sold by
Weisfield Daniel R and Kelman Atara H
Bought by
Taraz Manouchehr G and Taraz Sean
Seller's Agent
Michael Martinez
Houlihan Lawrence WD
Buyer's Agent
Michael Martinez
Houlihan Lawrence WD
List Price
$599,000
Sold Price
$570,000
Premium/Discount to List
-$29,000
-4.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.19%
Original Mortgage
$427,500
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 8, 2009
Sold by
Simone Pasquale and Simone Lisa
Bought by
Weisfield Daniel and Kelman Atara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,920
Interest Rate
5.21%

Purchase Details

Closed on
Aug 18, 2004
Sold by
Zahner Tyson W
Bought by
Kichl Kent

Purchase Details

Closed on
Feb 11, 2002
Sold by
Torello John
Bought by
Simone Pasquale and Simone Lisa

Purchase Details

Closed on
Feb 2, 1995
Sold by
Candido Mark A and Fuhrmann Peter
Bought by
Torello John P
Source: Public Records

Range of Values:

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Average Value
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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
29 Nicoll Llc -- None Available
29 Nicoll Llc -- None Available
Taraz Manouchehr G $570,000 --
Weisfield Daniel $389,900 --
Weisfield Daniel $389,900 --
Kichl Kent $331,500 --
Kichl Kent $331,500 --
Simone Pasquale $180,000 --
Simone Pasquale $180,000 --
Torello John P $125,000 --
Torello John P $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Taraz Manouchehr G $427,500
Previous Owner Torello John P $311,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2019 09/16/19 Pending -- -- --
09/11/2019 09/11/19 Sold $570,000 -4.8% $159 / Sq Ft
06/18/2019 06/18/19 For Sale $599,000 -- $167 / 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 $14,890 $377,930 $179,410 $198,520
2024 $14,550 $377,930 $179,410 $198,520
2023 $14,059 $377,930 $179,410 $198,520
2022 $15,023 $377,930 $179,410 $198,520
2021 $13,930 $317,450 $137,830 $179,620
2020 $13,930 $317,450 $137,830 $179,620
2019 $13,644 $317,450 $137,830 $179,620
2018 $13,644 $317,450 $137,830 $179,620
2017 $12,279 $317,450 $137,830 $179,620
2016 $10,380 $249,830 $105,980 $143,850
2015 $10,380 $249,830 $105,980 $143,850
2014 $10,380 $249,830 $105,980 $143,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170207610

SmartMLS

APN: NHVN-000198-000401-000500