Seller's Agent in 2023
Clifton Green
Coldwell Banker Milford
(203) 833-0589
2 in this area
57 Total Sales
381 Shelton Ave New Haven, CT 06511
Newhallville NeighborhoodEstimated Value: $332,226
3
Beds
4
Baths
2,666
Sq Ft
$125/Sq Ft
Est. Value
Highlights
- Deck
- Finished Attic
- Corner Lot
- Property is near public transit
- Attic
- 3-minute walk to Shepard and Huntington
About This Home
As of August 2023Beautifully Maintained 3-Unit Commercial Building for Sale in New Haven, CT
Looking for a great turnkey investment opportunity? Look no further than this charming 3-unit commercial building located at 381 Shelton Ave in New Haven, CT! This property is perfect for investors looking for a commercial unit or owner-occupants seeking to generate rental income.
The building consists of 1 commercial unit and 2 residential units, making it an ideal investment for those looking for combined rental incomes. The two-bedroom unit is currently rented for $1,100 and the one-bedroom unit is rented for $875, and both are great tenants who are current with their rent. The commercial unit was previously used as an event center, hairdresser/barbershop, and variety store, and offers endless opportunities for the ideal investor with a dream or vision. It could even be converted into a 2-3 bedroom residential unit with city approval.
Situated on a corner lot, the property boasts a private fenced-in backyard and rear off-street parking, providing added convenience for tenants. The building has been beautifully maintained and is in excellent condition, with updated and newer mechanical, and recent renovations making it move-in ready for the new owner or tenants.
This property won't last long, so book your appointment today before it's gone!!!
THE SELLER WILL REVIEW ALL OFFERS AND MAKE A FINAL DECISION BASED ON ALL OFFERS RECEIVED BY MONDAY 5/8 12 PM.
Last Agent to Sell the Property
Coldwell Banker Realty License #RES.0803878 Listed on: 05/01/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,062
Year Built
- Built in 1900
Lot Details
- 3,920 Sq Ft Lot
- Corner Lot
- Level Lot
- Garden
Home Design
- Stone Foundation
- Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 2,666 Sq Ft Home
- Concrete Flooring
- Finished Attic
Bedrooms and Bathrooms
- 3 Bedrooms
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Parking
- 4 Parking Spaces
- Parking Deck
- Dirt Driveway
- Unpaved Parking
- Off-Street Parking
Outdoor Features
- Deck
- Rain Gutters
- Porch
Location
- Property is near public transit
- Property is near shops
- Property is near a bus stop
Utilities
- Baseboard Heating
- Heating System Uses Gas
- Heating System Uses Natural Gas
Community Details
Overview
- No Home Owners Association
- 3 Units
Amenities
- Public Transportation
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 1, 2023
Closed on
Aug 7, 2023
Sold by
Bologna Properties T and Bologna
Bought by
Quintuna Rosa
Seller's Agent
Clifton Green
Coldwell Banker Realty
Buyer's Agent
Sandy Chang
Century 21 Scala Group
List Price
$340,000
Sold Price
$310,000
Premium/Discount to List
-$30,000
-8.82%
Total Days on Market
60
Views
90
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,226
Avg. Annual Appreciation
3.97%
Purchase Details
Listed on
May 18, 2018
Closed on
Nov 5, 2018
Sold by
Duchimaza Justo
Bought by
Bologna Anthony
Seller's Agent
Karen Drullard
William Raveis Real Estate
Buyer's Agent
Kashaine Ferryman
US Asset Realty
List Price
$189,900
Sold Price
$179,000
Premium/Discount to List
-$10,900
-5.74%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.09%
Purchase Details
Closed on
Apr 4, 2006
Sold by
Fernandez Jose
Bought by
Duchimaza Justo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
8.45%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 3, 2004
Sold by
Melton Willie C and Melton Deloris Y
Bought by
Fernandez Jose
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
13%
Mortgage Type
Commercial
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Quintuna Rosa | $310,000 | None Available | |
| Bologna Anthony | $179,000 | -- | |
| Duchimaza Justo | $200,000 | -- | |
| Fernandez Jose | $125,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Fernandez Jose | $160,000 | |
| Previous Owner | Fernandez Jose | $105,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/21/2023 08/21/23 | Sold | $310,000 | -8.8% | $116 / Sq Ft |
| 06/30/2023 06/30/23 | Pending | -- | -- | -- |
| 05/01/2023 05/01/23 | For Sale | $340,000 | +89.9% | $128 / Sq Ft |
| 10/31/2018 10/31/18 | Sold | $179,000 | -5.7% | $67 / Sq Ft |
| 09/19/2018 09/19/18 | Pending | -- | -- | -- |
| 06/25/2018 06/25/18 | For Sale | $189,900 | 0.0% | $71 / Sq Ft |
| 05/29/2018 05/29/18 | Pending | -- | -- | -- |
| 05/18/2018 05/18/18 | For Sale | $189,900 | -- | $71 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $7,309 | $189,840 | $31,850 | $157,990 |
| 2023 | $7,062 | $189,840 | $31,850 | $157,990 |
| 2022 | $7,546 | $189,840 | $31,850 | $157,990 |
| 2021 | $7,298 | $166,320 | $25,480 | $140,840 |
| 2020 | $7,298 | $166,320 | $25,480 | $140,840 |
| 2019 | $7,148 | $166,320 | $25,480 | $140,840 |
| 2018 | $7,148 | $166,320 | $25,480 | $140,840 |
| 2017 | $6,433 | $166,320 | $25,480 | $140,840 |
| 2016 | $5,823 | $140,140 | $11,340 | $128,800 |
| 2015 | $5,823 | $140,140 | $11,340 | $128,800 |
| 2014 | $5,823 | $140,140 | $11,340 | $128,800 |
Source: Public Records
Agents Affiliated with this Home
-
Clifton Green
-
Sandy Chang
Buyer's Agent in 2023
Sandy Chang
Century 21 Scala Group
(347) 613-5251
1 in this area
52 Total Sales
-
Karen Drullard
Seller's Agent in 2018
Karen Drullard
William Raveis Real Estate
(203) 530-5399
51 Total Sales
-
Kashaine Ferryman
Buyer's Agent in 2018
Kashaine Ferryman
US Asset Realty
(914) 309-8185
18 Total Sales
Map
Source: SmartMLS
MLS Number: 170552815
APN: NHVN-000288-000504-000800
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.
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
- 381 Shelton Ave Unit 1
- 381 Shelton Ave Unit 3
- 381 Shelton Ave Unit 2
- 381 Shelton Ave
- 377 Shelton Ave
- 375 Shelton Ave
- 383 Shelton Ave Unit 3rd Floor
- 128 Read St
- 376 Shelton Ave
- 123 Read St Unit 1
- 384 Shelton Ave
- 124 Read St
- 387 Shelton Ave
- 369 Shelton Ave Unit 2
- 122 Read St
- 388 Shelton Ave
- 380 Shelton Ave
- 391 Shelton Ave
- 121 Read St
- 365 Shelton Ave