$460,000
SOLD JAN 21, 2025
10 Beds
5 Baths
6,464 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$71 Per Sq Ft

21% Below List Price

195 Days on Market

Highlights

  • Property is near public transit
  • Wood Siding
  • 3-minute walk to Shepard and Huntington
  • Public Transportation

About This Home

As of January 2025

2 for 1 DEAL! 383 SHELTON ST ALONG WITH 123 READ ST PRESENTS AN EXCELLENT INVESTMENT OPPORTUNITY - Rare find! Mixed-use property with a convenience store in need of total rehab. This property is perfect for investors looking to restore and redevelop for potential long-term gains. Located in a high-traffic area, this property offers great visibility and accessibility for businesses. Whether you are looking to renovate and lease out the units or redevelop for a new purpose, this property has endless potential. Don't miss out on this chance to explore the possibilities of this unique investment opportunity. 383 Shelton St at one point offered a convenience store on the 1st floor and 2 apartments on top. 123 Read St offers 2 apartments and a 1 car garage. Located blocks away from Albertus Magnus College and Dixwell Ave this jewel is convenient to public transportation, Yale shuttle, shopping and downtown New Haven. Don't miss out! SOLD AS IS WHERE IS. INSPECTION FOR INFORMATIONAL PURPOSES ONLY

Last Agent to Sell the Property

Latasha Eaddy

Eaddy Associates License #REB.0789672 Listed on: 06/19/2024

Last Buyer's Agent

Latasha Eaddy

Eaddy Associates License #REB.0789672 Listed on: 06/19/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,271

Year Built

  • Built in 1900

Parking

  • 1 Car Garage

Home Design

  • Brick Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Masonry Siding
  • Shingle Siding

Interior Spaces

  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Full Bathrooms

Location

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

Additional Features

  • 5,663 Sq Ft Lot
  • Heating System Uses Natural Gas

Community Details

  • 5 Units
  • Public Transportation

Listing and Financial Details

  • Assessor Parcel Number 1252538

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,271

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: Newhallville
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors, Other
  • Sq Ft Est Heated Above Grade: 4533
  • Sq Ft Est Heated Below Grade: 1931
  • Total Sq Ft: 6464
  • Year Built: 1900
  • New Construction: No/Resale
  • Nearby Amenities: Basketball Court, Park, Playground/Tot Lot, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Directions: Goodrich to Shelton St
  • Financing Used: Cash
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 10
  • Total Bathrooms: 5
  • Full Bathrooms: 5
  • Basement Description: Full
  • Attic: No
  • Street Number Modifier: 383

Exterior Features

  • Exterior Siding: Shingle, Brick, Wood
  • Foundation Type: Brick
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 1
  • Garage And Parking: Attached Garage

Utilities

  • Cooling System: None
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: 30 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

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

Lot Info

  • Acres: 0.13
  • Lot Description: Corner Lot Level Lot
  • Zoning: RM1
  • Parcel #: 1252538

Multi Family

  • Total Number Of Units: 5

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 9271
  • Total Assessed Value: 240800
  • Mil Rate Total: 38.5

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
Jun 19, 2024
Closed on
Jan 17, 2025
Sold by
Arrieta Francisco
Bought by
383 Shelton Ave Llc
Seller's Agent
Latasha Eaddy
Eaddy Associates
Buyer's Agent
Latasha Eaddy
Eaddy Associates
List Price
$580,000
Sold Price
$460,000
Premium/Discount to List
-$120,000
-20.69%
Views
362
Current Estimated Value
$487,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,280
Avg. Annual Appreciation
11.72%

Purchase Details

Listed on
Jun 19, 2024
Closed on
Jan 16, 2025
Sold by
Ocean 104 Del Llc
Bought by
Arreieta Francisco
Seller's Agent
Latasha Eaddy
Eaddy Associates
Buyer's Agent
Latasha Eaddy
Eaddy Associates
List Price
$580,000
Sold Price
$460,000
Premium/Discount to List
-$120,000
-20.69%
Views
362

Purchase Details

Closed on
Dec 20, 2019
Sold by
530 Eastern Nh Llc
Bought by
Ocean 104 Del Llc

Purchase Details

Closed on
Sep 11, 2015
Sold by
Aizenberg Shmuel
Bought by
Uper Zen Llc

Purchase Details

Closed on
Oct 14, 2014
Sold by
Velocity Commercial Cp
Bought by
Aizenberg Shmuel

Purchase Details

Closed on
Mar 24, 2014
Sold by
Walker James A Sr Est
Bought by
Velocity Commercial Ca

Purchase Details

Closed on
Apr 2, 2013
Sold by
Walker Barbara
Bought by
Walker James

Purchase Details

Closed on
May 7, 2010
Sold by
Walker James
Bought by
Walker Barbara

Purchase Details

Closed on
Aug 13, 2004
Sold by
383 Shelton Ave Assoc
Bought by
Walker James

Purchase Details

Closed on
Dec 18, 2001
Sold by
Quik Check Stop Llc
Bought by
Shelton Avenue Assoc

Purchase Details

Closed on
Nov 20, 1998
Sold by
Foberg Norman
Bought by
Quik Check Stop Llc
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed $460,000 None Available
Warranty Deed $460,000 None Available
Warranty Deed -- None Available
Quit Claim Deed -- --
Quit Claim Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Deed $155,000 --
Deed $155,000 --
Quit Claim Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Warranty Deed $257,000 --
Warranty Deed $257,000 --
Warranty Deed $65,000 --
Warranty Deed $65,000 --
Warranty Deed $45,000 --
Warranty Deed $45,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,662,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $280,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2025 01/21/25 Sold $460,000 -16.4% $71 / Sq Ft
12/31/2024 12/31/24 Pending -- -- --
09/09/2024 09/09/24 Price Changed $550,000 -3.5% $85 / Sq Ft
07/09/2024 07/09/24 Price Changed $570,000 -1.7% $88 / Sq Ft
06/19/2024 06/19/24 For Sale $580,000 -- $90 / 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 $9,488 $240,800 $33,110 $207,690
2024 $9,271 $240,800 $33,110 $207,690
2023 $8,958 $240,800 $33,110 $207,690
2022 $9,572 $240,800 $33,110 $207,690
2021 $7,995 $182,210 $26,460 $155,750
2020 $7,995 $182,210 $26,460 $155,750
2019 $7,831 $182,210 $26,460 $155,750
2018 $7,831 $182,210 $26,460 $155,750
2017 $7,048 $182,210 $26,460 $155,750
2016 $7,332 $176,470 $11,760 $164,710
2015 $7,332 $176,470 $11,760 $164,710
2014 $7,332 $176,470 $11,760 $164,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24026921

SmartMLS

APN: NHVN-000288-000522-000100