NOT LISTED FOR SALE

346 Forbes Ave Unit 346 New Haven, CT 06512

Annex Neighborhood

Estimated Value: $186,000 - $213,174

3 Beds
1.5 Baths
1,120 Sq Ft
$275/mo HOA Fee

Last Sold November 09, 2023

Last sale price $158,000 $141 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,644/month

23 Days on Market

Highlights

  • Property is near public transit
  • Central Air
  • Level Lot
  • Public Transportation

About This Home

As of November 2023

An amazing opportunity in the Annex neighborhood of New Haven for ANY investor! This location is home to the New Haven Harbor, Pearl Harbor Memorial Bridge, and the Scarpellino’s restaurant. This 1 unit asset is 1120 SF & has tenant paid utilities. This asset has no arrears. The unit has 3 bedrooms/ 1.5 bathrooms rented for $1590 to a long-term tenant of 4 years who is currently M2M. The asset has yellow vinyl siding, newer windows, and a fenced in backyard that a offers a large green space. AGENTS PLEASE READ AGENT to AGENT REMARKS!

Last Agent to Sell the Property

Lisa Cozzi

Century 21 AllPoints Realty License #REB.0789668 Listed on: 07/07/2023

Century 21 AllPoints Realty

Co-Listed By

Chantal Lallier

Century 21 AllPoints Realty License #RES.0824820

Last Buyer's Agent

Hank Chung

CW Property Groups, LLC License #REB.0795542

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,211

Year Built

  • Built in 1987

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,120 Sq Ft Home
  • Garage Access

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Oil Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1237846

Community Details

Overview

  • 30 Units
  • Property managed by CPE Property Management

Amenities

  • Public Transportation

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,211

Year Built

Built in 1987

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Neighborhood: N/A
  • Property Type: Condo/Co-Op For Sale
  • Style: Other
  • Sq Ft Est Heated Above Grade: 1120
  • Total Sq Ft: 1120
  • Year Built: 1987
  • New Construction: No/Resale
  • Nearby Amenities: Medical Facilities, Park, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 1340
  • Directions: GPS friendly
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 1120
  • Spec Assoc Asses: No
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Room Count: 5
  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement Description: Garage Access
  • Appliances: None
  • Attic: No
  • Street Number Modifier: 346

Exterior Features

  • Exterior Features: Gutters, Lighting
  • Exterior Siding: Vinyl Siding
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 1
  • Garage And Parking: Attached Garage, Under House Garage, Off Street Parking

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas, Oil
  • Fuel Tank Location: Non Applicable
  • Hot Water Description: Natural Gas, Oil
  • Water Source: Public Water Connected, Public Water In Street
  • Sewer: Public Sewer Connected, Public Sewer In Street

Condo/Co-op/Association

  • Levels In Unit: 2
  • HOA Fees: 275
  • HOA Fee Frequency: Monthly
  • Property Mgt Company Name: CPE Property Management
  • Property Mgt Phone: 203-295-7701
  • Total Number of Units In Complex: Forbes Commons

Schools

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

Lot Info

  • Lot Description: Level Lot
  • Zoning: RM2
  • Parcel #: 1237846

Rental Info

  • Pets Allowed: Restrictions

Multi Family

  • Total Number Of Units: 30

Tax Info

  • Property Tax: 3211
  • Total Assessed Value: 86310
  • Mil Rate Total: 37.2

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
Jul 7, 2023
Closed on
Nov 7, 2023
Sold by
Ocean 60 Llc
Bought by
Jiang Zongjun
Seller's Agent
Lisa Cozzi
Century 21 AllPoints Realty
Buyer's Agent
Hank Chung
CW Property Groups, LLC
List Price
$150,000
Sold Price
$158,000
Premium/Discount to List
$8,000
5.33%
Views
597
Current Estimated Value
$196,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,044
Avg. Annual Appreciation
13.70%
Original Mortgage
$126,400
Outstanding Balance
$124,334
Interest Rate
7.31%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$71,710

Purchase Details

Closed on
Nov 16, 2015
Sold by
Shadmit Llc
Bought by
Sunny Holdings Llc

Purchase Details

Listed on
Jul 17, 2015
Closed on
Sep 15, 2015
Sold by
Nationstar Mortgage Ll
Bought by
Shadmit Llc
Seller's Agent
Steven Rivkin
Planet Realty, LLC
Buyer's Agent
Mendel Paris
Paris Realty Group
List Price
$102,800
Sold Price
$80,850
Premium/Discount to List
-$21,950
-21.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.38%

Purchase Details

Listed on
Jul 17, 2015
Closed on
Jul 30, 2015
Sold by
Torre Michael and Nationstar Mortgage Ll
Bought by
Nationstar Mortgage Llc
Seller's Agent
Steven Rivkin
Planet Realty, LLC
Buyer's Agent
Mendel Paris
Paris Realty Group
List Price
$102,800
Sold Price
$80,850
Premium/Discount to List
-$21,950
-21.35%

Purchase Details

Closed on
Mar 31, 2005
Sold by
Garofolo Anthony
Bought by
Torre Michael C and Torre Christopher P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,600
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 26, 1999
Sold by
Johnson Phillip O and Johnson Beverly L
Bought by
Garofalo Lorraine and Garofalo Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,500
Interest Rate
7.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 8, 1995
Sold by
Lucibello Neil N and Lucibello Graciela M
Bought by
Department Of Housing & Urban Dev

Purchase Details

Closed on
Feb 14, 1989
Sold by
Tiedemann Timothy J
Bought by
Lucibello Neil M

Purchase Details

Closed on
Sep 25, 1987
Sold by
Neighborhood Hsng
Bought by
Tiedemann Timothy J
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jiang Zongjun $158,000 None Available
Sunny Holdings Llc -- --
Shadmit Llc $80,850 --
Nationstar Mortgage Llc $159,000 --
Torre Michael C $138,500 --
Garofalo Lorraine $50,000 --
Department Of Housing & Urban Dev $77,482 --
Lucibello Neil M $96,709 --
Tiedemann Timothy J $70,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jiang Zongjun $126,400
Previous Owner Ocean 60 Llc $7,883,000
Previous Owner Ocean 60 Llc $4,500,000
Previous Owner Tiedemann Timothy J $109,600
Previous Owner Tiedemann Timothy J $47,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2023 11/09/23 Sold $158,000 +5.3% $141 / Sq Ft
07/30/2023 07/30/23 Pending -- -- --
07/07/2023 07/07/23 For Sale $150,000 +85.5% $134 / Sq Ft
08/31/2015 08/31/15 Sold $80,850 -21.4% $72 / Sq Ft
08/10/2015 08/10/15 Pending -- -- --
07/17/2015 07/17/15 For Sale $102,800 -- $92 / 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 $3,401 $86,310 $0 $86,310
2024 $3,323 $86,310 $0 $86,310
2023 $3,211 $86,310 $0 $86,310
2022 $3,431 $86,310 $0 $86,310
2021 $3,323 $75,740 $0 $75,740
2020 $3,323 $75,740 $0 $75,740
2019 $3,255 $75,740 $0 $75,740
2018 $3,255 $75,740 $0 $75,740
2017 $2,930 $75,740 $0 $75,740
2016 $3,354 $80,710 $0 $80,710
2015 $3,354 $80,710 $0 $80,710
2014 -- $80,710 $0 $80,710
Source: Public Records

Agents Affiliated with this Home

  • Lisa Cozzi

    Seller's Agent in 2023

    Lisa Cozzi

    Century 21 AllPoints Realty

    (860) 508-2102

    2 in this area

    206 Total Sales

    Lisa Cozzi
    Section Image
  • Chantal Lallier

    Seller Co-Listing Agent in 2023

    Chantal Lallier

    Century 21 AllPoints Realty

    (860) 729-4176

    1 in this area

    89 Total Sales

    Chantal Lallier
    Section Image

  • H

    Buyer's Agent in 2023

    Hank Chung

    CW Property Groups, LLC

    (254) 716-6548

    1 in this area

    26 Total Sales

    Hank Chung
    Section Image
  • Steven Rivkin

    Seller's Agent in 2015

    Steven Rivkin

    Planet Realty, LLC

    (203) 982-4985

    125 Total Sales

    Steven Rivkin
    Section Image

  • M

    Buyer's Agent in 2015

    Mendel Paris

    Paris Realty Group

    Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170581164

SmartMLS

APN: NHVN-000070-000978-000317

Connecticut New Haven County New Haven 06512 Annex

346 Forbes Ave Unit 346, New Haven, CT

This home is located at 346 Forbes Ave Unit 346, New Haven, CT 06512 since 07 July 2023 and is currently estimated at $196,044, approximately $175 per square foot. This property was built in 1987. 346 Forbes Ave Unit 346 is a home located in New Haven County with nearby schools including 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.

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.

Nearby Homes