NOT LISTED FOR SALE

351 Sherman Ave New Haven, CT 06511

Dixwell Neighborhood

Estimated Value: $404,983 - $589,000

8 Beds
3 Baths
3,217 Sq Ft
$144/Sq Ft Est. Value

Last Sold February 19, 2021

Last sale price $319,000 $99 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,096/month

90 Days on Market

Highlights

  • Property is near public transit
  • 4 Car Detached Garage
  • Baseboard Heating
  • No HOA
  • Public Transportation
  • Private Driveway

About This Home

As of February 2021

Come see this expansive 3 family home grossing $42,060! The first and second units feature 3 bedrooms 1 bedroom and an open dining/ living area.the third unit features 2 bedrooms and a full bath. All unit are currently rented. For additional income the 4 car garage can be rented out as well but may require some TLC. Great opportunity to take advantage of the low interest rates and gain 3 cash flowing units.

Last Agent to Sell the Property

Vincent Sprague

Key Realty of Connecticut License #RES.0807080 Listed on: 10/12/2020

Last Buyer's Agent

Vincent Sprague

Key Realty of Connecticut License #RES.0807080 Listed on: 10/12/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,477

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 3,217 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Parking

  • 4 Car Detached Garage
  • Private Driveway
  • Parking Lot
  • Off-Street Parking

Location

  • Property is near public transit

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Additional Features

  • Public Transportation
  • Gross Income $42,060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,477

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors, 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 3217
  • Public Record Living Room Sq Ft: 3217
  • Total Sq Ft: 3217
  • Year Built: 1900
  • Nearby Amenities: Basketball Court, Commuter Bus, Medical Facilities, Park, Public Transportation
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 5138
  • Directions: GPS Friendly
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Full
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: No
  • Street Number Modifier: 351

Exterior Features

  • Exterior Siding: Aluminum
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage, Off Street Parking, Parking Lot
  • Garages Number: 4
  • Driveway Type: Private

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: 40 Gallon Tank
  • 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: 0.1300
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: RM2

Multi Family

  • Gross Annual Income: 42060
  • Unit Count: 3
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 5477
  • Total Assessed Value: 124810
  • Mil Rate Base: 43.880
  • Mil Rate Total: 43.880
  • Assessor Parcel Number: 1255680

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
Oct 12, 2020
Closed on
Feb 6, 2021
Sold by
Hamilton Carl E and Hamilton Dawnett
Bought by
Sfr 2 De Llc
Seller's Agent
Vincent Sprague
Key Realty of Connecticut
Buyer's Agent
Vincent Sprague
Key Realty of Connecticut
List Price
$319,000
Sold Price
$319,000
Current Estimated Value
$464,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,246
Avg. Annual Appreciation
9.47%

Purchase Details

Closed on
Sep 12, 2005
Sold by
Toomey Daysi
Bought by
Hamilton Carl E and Hamilton Dawnett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
5.79%

Purchase Details

Closed on
Apr 28, 2004
Sold by
Fernandes Jason and Oliveira Robert
Bought by
Toomey Daysi

Purchase Details

Closed on
Jan 14, 1999
Sold by
Holmes Myrtle B
Bought by
Fernandes Jason and Oliveira Robert
Source: Public Records

Range of Values:

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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
Sfr 2 De Llc $270,000 None Available
Sfr 2 De Llc $270,000 None Available
Hamilton Carl E $270,000 --
Hamilton Carl E $270,000 --
Toomey Daysi $143,000 --
Toomey Daysi $143,000 --
Fernandes Jason $90,000 --
Fernandes Jason $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fernandes Jason $200,448
Previous Owner Fernandes Jason $43,000
Previous Owner Fernandes Jason $216,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2021 02/19/21 Sold $319,000 0.0% $99 / Sq Ft
01/10/2021 01/10/21 Pending -- -- --
10/12/2020 10/12/20 For Sale $319,000 -- $99 / 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 $7,739 $196,420 $33,250 $163,170
2024 $7,923 $205,800 $33,250 $172,550
2023 $7,656 $205,800 $33,250 $172,550
2022 $8,181 $205,800 $33,250 $172,550
2021 $5,477 $124,810 $26,600 $98,210
2020 $5,477 $124,810 $26,600 $98,210
2019 $5,364 $124,810 $26,600 $98,210
2018 $5,364 $124,810 $26,600 $98,210
2017 $4,828 $124,810 $26,600 $98,210
2016 $3,717 $89,460 $11,830 $77,630
2015 $3,717 $89,460 $11,830 $77,630
2014 $3,717 $89,460 $11,830 $77,630
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2021

    Vincent Sprague

    Key Realty of Connecticut

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Map

Source: SmartMLS

MLS Number: 170346081

SmartMLS

APN: NHVN-000320-000298-001200

Connecticut New Haven County New Haven 06511 Dixwell

351 Sherman Ave, New Haven, CT

This home is located at 351 Sherman Ave, New Haven, CT 06511 since 12 October 2020 and is currently estimated at $464,246, approximately $144 per square foot. This property was built in 1900. 351 Sherman Ave is a home located in New Haven County with nearby schools including Yeshiva Gedolah Rabbinical Inst.

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