NOT LISTED FOR SALE

340 Exchange St New Haven, CT 06513

Fair Haven Neighborhood

Estimated Value: $293,000 - $322,000

4 Beds
2.5 Baths
1,960 Sq Ft
$155/Sq Ft Est. Value

Last Sold December 02, 2020

Last sale price $160,000 $82 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $2,074/month

82 Days on Market

Highlights

  • City View
  • Finished Attic
  • No HOA
  • Property is near public transit
  • Attic
  • 5-minute walk to Criscuolo Park

About This Home

As of December 2020

Formidable Real Estate Investment Opportunity! Attention Investors, 1st-time homebuyer/owner-occupant, and anyone looking for a property with plenty of living space and more than 3 bedrooms!! Incredible opportunity to own a 2 family home conveniently located in Fair Haven featuring 2 beds/1 bath on 1st floor, 2 beds/1 bathroom and with 2nd and 3rd floors combined can be a total of 3 bedrooms. Home has a total of 2.5 bathrooms. Owner has made many updates over the last few years including the most recent one new boiler (April 2020); newer roof/windows, laminate flooring/carpeting, hot water heaters, and some kitchen appliances. Other features include off-street parking, level lot with deep backyard, and spacious basement with ample storage. Potential income up to $1600 a month. May be utilized as a single-family home as well with plenty of living space. Close to Downtown New Haven attractions including Yale University, Yale-New Haven Hospital, Wooster Square, I-91 and I-95. The property is being sold in "AS IS" condition. This home is filled with potential and a true income-producing multi-family for owner occupant or investor. Come and see it today!

Last Agent to Sell the Property

Ronnie Batista

BHGRE Gaetano Marra Homes License #RES.0792418 Listed on: 06/11/2020

BHGRE Gaetano Marra Homes

Last Buyer's Agent

Ronnie Batista

BHGRE Gaetano Marra Homes License #RES.0792418 Listed on: 06/11/2020

BHGRE Gaetano Marra Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,818

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot

Home Design

  • Concrete Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 1,960 Sq Ft Home
  • City Views
  • Finished Attic

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Partial Basement
  • Basement Storage

Parking

  • Private Driveway
  • Off-Street Parking

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a golf course

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Hot Water Circulator

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,818

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: Fair Haven
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1960
  • Public Record Living Room Sq Ft: 1960
  • Total Sq Ft: 1960
  • Year Built: 1900
  • Nearby Amenities: Golf Course, Library, Medical Facilities, Park, Public Rec Facilities, Public Transportation, Shopping/Mall
  • Remarks Public Addendum: SOLD AS IS - The OWNER HAS maintained well this property and have made improvements to this property through the years they have owned. DO NOT MISS THIS OPPORTUNITY
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 3304
  • Tax Year Updated Dt: 07/13/2020
  • Directions: GPS Friendly
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Attic Description: Finished
  • Basement Description: Full, Partial With Walk-Out, Storage
  • Laundry Room Location: Upper level
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: Yes
  • Street Number Modifier: 340

Exterior Features

  • Exterior Features: Lighting, Patio, Porch
  • Exterior Siding: Shingle, Wood
  • Foundation Type: Concrete, Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Private, Asphalt

Utilities

  • Heat Type: Hot Water
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: 40 Gallon Tank, 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: City Views, Level Lot
  • Flood Zone: No
  • Zoning: RM2

Multi Family

  • Unit Count: 1
  • Total Multi Family: 9
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 3818
  • Total Assessed Value: 87010
  • Mil Rate Base: 43.880
  • Mil Rate Total: 43.880
  • Assessor Parcel Number: 1244412

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2021
Sold by
Linares-Berroa Rosa A
Bought by
Linares-Berroa Rosa A
Current Estimated Value
$303,394

Purchase Details

Listed on
Jun 11, 2020
Closed on
Dec 3, 2020
Sold by
Perez Natividad and Perez Glenda R
Bought by
Linares-Berroa Rosa A
Seller's Agent
Ronnie Batista
BHGRE Gaetano Marra Homes
Buyer's Agent
Ronnie Batista
BHGRE Gaetano Marra Homes
List Price
$159,900
Sold Price
$160,000
Premium/Discount to List
$100
0.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.21%
Original Mortgage
$157,102
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 22, 2010
Sold by
Perez Eleuterio and Alvarado Navidad
Bought by
Perez Glenda

Purchase Details

Closed on
Jun 10, 1994
Sold by
Jacobson Ellen S and Jacobson Sandford
Bought by
Perez Eleuterio and Alvarado Navidad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,300
Interest Rate
6.6%
Mortgage Type
Unknown
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
Linares-Berroa Rosa A -- None Available
Linares-Berroa Rosa A $160,000 None Available
Perez Glenda -- --
Perez Eleuterio $64,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Linares-Berroa Rosa A $157,102
Previous Owner Perez Eleuterio $63,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2020 12/02/20 Sold $160,000 +0.1% $82 / Sq Ft
09/02/2020 09/02/20 For Sale $159,900 0.0% $82 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
07/10/2020 07/10/20 Pending -- -- --
06/11/2020 06/11/20 For Sale $159,900 -- $82 / 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 $4,953 $125,720 $40,250 $85,470
2024 $4,840 $125,720 $40,250 $85,470
2023 $4,677 $125,720 $40,250 $85,470
2022 $4,997 $125,720 $40,250 $85,470
2021 $3,818 $87,010 $32,270 $54,740
2020 $3,818 $87,010 $32,270 $54,740
2019 $3,740 $87,010 $32,270 $54,740
2018 $3,740 $87,010 $32,270 $54,740
2017 $3,366 $87,010 $32,270 $54,740
2016 $2,559 $61,600 $14,630 $46,970
2015 $2,559 $61,600 $14,630 $46,970
2014 $2,559 $61,600 $14,630 $46,970
Source: Public Records

Agents Affiliated with this Home

  • Ronnie Batista

    Seller's Agent in 2020

    Ronnie Batista

    BHGRE Gaetano Marra Homes

    (203) 701-8401

    1 in this area

    10 Total Sales

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Map

Source: SmartMLS

MLS Number: 170304548

SmartMLS

APN: NHVN-000173-000730-002400

Connecticut New Haven County New Haven 06513 Fair Haven

340 Exchange St, New Haven, CT

This home is located at 340 Exchange St, New Haven, CT 06513 since 11 June 2020 and is currently estimated at $303,394, approximately $154 per square foot. This property was built in 1900. 340 Exchange St is a home located in New Haven County with nearby schools including Elm City College Preparatory School, Cold Spring 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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