NOT LISTED FOR SALE

342 Sherman Ave New Haven, CT 06511

Beaver Hills Neighborhood

Estimated Value: $426,286 - $529,000

6 Beds
3 Baths
3,824 Sq Ft
$121/Sq Ft Est. Value

Sale Details

Date Sold: September 23, 2024

Last sale price $400,000 $105 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,241 / mo

288 Days on Market

Highlights

  • Property is near public transit, shops, and bus stop
  • Porch
  • Level Lot
  • Attic
  • Public Transportation

About This Home

As of September 2024

342 Sherman Ave is a large three family property in the desired Newhallville neighborhood. Perfect investment or owner occupied asset. Each unit features 2 beds and 1 bath. The first and second floors are rented month to month for $1,200 & $1,250. Separate and tenant paid utilities. 2 bed units with updated finishes in this area are renting for $1400+ ! Take advantage of the opportunity to add value and experience cash flow immediately! Owner occupied buyers we have an AWESOME opportunity! Lender will purchase the home, renovate the property and then you close once remodel is complete! No risk & money down until the renovation is done! IMPORTANT: AGENTS PLEASE READ AGENT TO AGENT REMARKS. Properties to be Sold As-Is, Where-Is. Inspections for Informational Purposes Only. FHA Buyers please have the Lender run the Self Sufficiency Test on the Rental Amounts to qualify property.

Last Agent to Sell the Property

Lisa Cozzi

Century 21 AllPoints Realty License #REB.0789668 Listed on: 05/15/2023

Century 21 AllPoints Realty

Co-Listed By

Maddy Ceruti

Century 21 AllPoints Realty License #RES.0813001

Last Buyer's Agent

Jennifer Davis

Keller Williams Prestige Prop. License #RES.0782818

Keller Williams Prestige Prop.

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,247

Year Built

  • Built in 1920

Lot Details

  • 6,970 Sq Ft Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 3,824 Sq Ft Home
  • Pull Down Stairs to Attic

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Outdoor Features

  • Exterior Lighting
  • Rain Gutters
  • Porch

Additional Features

  • Property is near public transit, shops, and bus stop
  • Heating System Uses Natural Gas

Community Details

  • 3 Units
  • Public Transportation
  • Gross Income $46,680

Listing and Financial Details

  • Assessor Parcel Number 1256653

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,247

Year Built

Built in 1920

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 3824
  • Total Sq Ft: 3824
  • Year Built: 1920
  • New Construction: No/Resale
  • Nearby Amenities: Health Club, Medical Facilities, Park, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5736
  • Directions: GPS friendly
  • Financing Used: Conventional Fixed
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full, Unfinished, Storage
  • Attic: Yes

Exterior Features

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

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: None
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Other
  • Water Source: Public Water Connected, Public Water In Street
  • Sewer: Public Sewer Connected, Public Sewer In Street

Lot Info

  • Acres: 0.16
  • Lot Description: Level Lot
  • Zoning: RM2
  • Parcel #: 1256653

Multi Family

  • Gross Annual Income: 46680
  • Total Number Of Units: 3
  • Unit Count: 3

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 8247

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2023
Closed on
Sep 23, 2024
Sold by
Bought by
Seller's Agent
Lisa Cozzi
Century 21 AllPoints Realty
Buyer's Agent
Jennifer Davis
Keller Williams Prestige Prop.
List Price
$450,000
Sold Price
$400,000
Premium/Discount to List
-$50,000
-11.11%
Views
268
Current Estimated Value
$462,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,572
Avg. Annual Appreciation
7.86%
Original Mortgage
$300,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 2, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,250
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2009
Sold by
Bought by

Purchase Details

Closed on
Mar 6, 2009
Sold by
Bought by

Purchase Details

Closed on
Jan 18, 2005
Sold by
Bought by

Purchase Details

Closed on
Jan 24, 2000
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Beaver Hills, CT

  • Santiago Jaraba Real Estate Agent - Whitestone Real Estate Group

    Santiago Jaraba

    Whitestone Real Estate Group

    (888) 483-4006

    331 Total Sales

    1 in Beaver Hills

    $450,000 Price

    Santiago Jaraba
     Section Image
  • Marilyn E. Profit Real Estate Agent - Coldwell Banker Realty

    Marilyn E. Profit

    Coldwell Banker Realty

    (475) 471-1056

    110 Total Sales

    1 in Beaver Hills

    $359,000 Price

    Marilyn E. Profit
     Section Image
  • Alex Rodrigues Real Estate Agent - RE/MAX RISE

    Alex Rodrigues

    RE/MAX RISE

    (203) 344-7446

    110 Total Sales

    1 in Beaver Hills

    $665,000 Price

    Alex Rodrigues
     Section Image
  • Anthony D'Amore Real Estate Agent - eXp Realty

    Anthony D'Amore

    eXp Realty

    (833) 659-3540

    73 Total Sales

    1 in Beaver Hills

    $400,000 Price

    Anthony D'Amore
     Section Image
  • Peter Raider Real Estate Agent - Real Broker NY LLC

    Peter Raider

    Responds Quickly

    Real Broker NY LLC

    (914) 281-2447

    75 Total Sales

    1 in Beaver Hills

    $280,000 Price

    Peter Raider
     Section Image
  • Bluma Katz Real Estate Agent - mygoodagent

    Bluma Katz

    mygoodagent

    (475) 800-8811

    88 Total Sales

    13 in Beaver Hills

    $265K - $685K Price Range

    Bluma Katz
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$400,000 None Available
-- --
$131,200 --
$196,600 --
-- --
$265,000 --
$97,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $444,000
Closed $300,000
Previous Owner $350,000
Previous Owner $1,665,000
Previous Owner $950,250
Previous Owner $270,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/23/2024 09/23/24 Sold $400,000 -3.6% $105 / Sq Ft
02/27/2024 02/27/24 Pending -- -- --
12/01/2023 12/01/23 Price Changed $415,000 -1.2% $109 / Sq Ft
08/17/2023 08/17/23 Price Changed $420,000 -1.2% $110 / Sq Ft
06/08/2023 06/08/23 Price Changed $425,000 -5.6% $111 / Sq Ft
05/15/2023 05/15/23 For Sale $450,000 -- $118 / Sq Ft
Source: SmartMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,439 $214,200 $34,020 $180,180
2024 $8,247 $214,200 $34,020 $180,180
2023 $7,968 $214,200 $34,020 $180,180
2022 $8,514 $214,200 $34,020 $180,180
2021 $5,553 $126,560 $27,230 $99,330
2020 $5,553 $126,560 $27,230 $99,330
2019 $5,440 $126,560 $27,230 $99,330
2018 $5,440 $126,560 $27,230 $99,330
2017 $4,895 $126,560 $27,230 $99,330
2016 $3,816 $91,840 $12,110 $79,730
2015 $3,816 $91,840 $12,110 $79,730
2014 $3,816 $91,840 $12,110 $79,730
Source: Public Records

Agents Affiliated with this Home

  • Lisa Cozzi Real Estate Agent - Century 21 AllPoints Realty

    Seller's Agent in 2024

    Lisa Cozzi

    Century 21 AllPoints Realty

    (860) 508-2102

    11 in this area

    225 Total Sales

    Lisa Cozzi
    Section Image
  • Maddy Ceruti Real Estate Agent - Century 21 AllPoints Realty

    Seller Co-Listing Agent in 2024

    Maddy Ceruti

    Century 21 AllPoints Realty

    (860) 559-0978

    6 in this area

    148 Total Sales

    Maddy Ceruti
    Section Image
  • Jennifer Davis Real Estate Agent - Keller Williams Prestige Prop.

    Buyer's Agent in 2024

    Jennifer Davis

    Keller Williams Prestige Prop.

    1 in this area

    20 Total Sales

    Jennifer Davis
    Section Image
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Map

Source: SmartMLS

MLS Number: 170569135

SmartMLS

APN: NHVN-000332-000297-002100

Connecticut New Haven County New Haven 06511 Beaver Hills

342 Sherman Ave, New Haven, CT

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.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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