NOT LISTED FOR SALE

387 Shelton Ave New Haven, CT 06511

Newhallville Neighborhood

Estimated Value: $392,927 - $518,000

5 Beds
3 Baths
2,812 Sq Ft
$161/Sq Ft Est. Value

Last Sold April 12, 2023

Last sale price $326,500 $116 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,083/month

119 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Central Air
  • Attic
  • Public Transportation
  • 3-minute walk to Shepard and Huntington

About This Home

As of April 2023

NEWLY INCREASED RENTS! Check out this updated 3 family located in a great location for investors to take advantage of the local college rentals. All three units are completely occupied currently and come complete with washer/dryer hook ups and even central air! This property also features newer roof and windows making it a great investment. Don't miss out on this one!

Last Agent to Sell the Property

Alex Rodrigues

RE/MAX RISE License #RES.0822160 Listed on: 10/20/2022

RE/MAX RISE

Co-Listed By

Matthew Tutolo

RE/MAX RISE License #RES.0820874

Last Buyer's Agent

Xylia DiBianco

Carbutti & Co., Realtors License #RES.0815883

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,036

Year Built

  • Built in 1920

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 2,812 Sq Ft Home
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • Driveway
  • Paved Parking

Location

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Additional Features

  • Public Transportation
  • Gross Income $38,016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,036

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Neighborhood: Newhallville
  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 2812
  • Public Record Living Room Sq Ft: 2812
  • Total Sq Ft: 2812
  • Year Built: 1920
  • Nearby Amenities: Public Transportation, Walk to Bus Lines
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4394
  • Directions: Use GPS
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Crawl Space
  • Basement Description: Full, Unfinished
  • Laundry Room Info: All Units Have Hook-Ups, Washer/Dryer All Units
  • Attic: Yes
  • Street Number Modifier: 387

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Paved, Driveway

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: 40 Gallon Tank, Natural Gas
  • 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: 0.1200
  • Lot Description: Level Lot
  • Zoning: RM1

Multi Family

  • Gross Annual Income: 38016
  • Unit Count: 3
  • Total Multi Family: 15
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 8036
  • Total Assessed Value: 202160
  • Mil Rate Base: 39.750
  • Mil Rate Total: 39.750
  • Assessor Parcel Number: 1252539

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 20, 2022
Closed on
Apr 12, 2023
Sold by
Cabrera Alexander
Bought by
Bernstein Brenda
Seller's Agent
Alex Rodrigues
RE/MAX RISE
Buyer's Agent
Xylia DiBianco
Carbutti & Co., Realtors
List Price
$249,900
Sold Price
$326,500
Premium/Discount to List
$76,600
30.65%
Views
133
Current Estimated Value
$453,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,482
Avg. Annual Appreciation
8.60%
Original Mortgage
$244,875
Outstanding Balance
$238,632
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$160,390

Purchase Details

Listed on
Sep 5, 2018
Closed on
Sep 26, 2019
Sold by
Andrew Kris New Haven Llc
Bought by
Cabrera Alexander
Seller's Agent
James Sette
Sette Real Estate LLC
Buyer's Agent
Steve Kourpouanidis
Honorable Real Estate Services
List Price
$249,900
Sold Price
$243,250
Premium/Discount to List
-$6,650
-2.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.67%
Original Mortgage
$238,843
Interest Rate
3.6%

Purchase Details

Closed on
Feb 13, 2018
Sold by
Hassan Afua and Hare Sylvia
Bought by
Andrew Kris New Haven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bernstein Brenda $326,500 None Available
Cabrera Alexander $243,250 --
Andrew Kris New Haven $107,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bernstein Brenda $244,875
Previous Owner Cabrera Alexander $238,843
Previous Owner Hare John $93,000
Previous Owner Hare John $23,000
Previous Owner Hare John $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2023 04/12/23 Sold $326,500 -4.0% $116 / Sq Ft
02/16/2023 02/16/23 Pending -- -- --
01/24/2023 01/24/23 Price Changed $340,000 +3.0% $121 / Sq Ft
11/06/2022 11/06/22 Price Changed $330,000 -5.7% $117 / Sq Ft
10/20/2022 10/20/22 Price Changed $349,900 +40.0% $124 / Sq Ft
10/20/2022 10/20/22 For Sale $249,900 +2.7% $89 / Sq Ft
09/27/2019 09/27/19 Sold $243,250 -2.7% $86 / Sq Ft
07/18/2019 07/18/19 Pending -- -- --
09/05/2018 09/05/18 For Sale $249,900 -- $89 / 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 $7,965 $202,160 $32,970 $169,190
2024 $7,783 $202,160 $32,970 $169,190
2023 $7,520 $202,160 $32,970 $169,190
2022 $8,036 $202,160 $32,970 $169,190
2021 $4,825 $109,970 $26,390 $83,580
2020 $4,825 $109,970 $26,390 $83,580
2019 $4,727 $109,970 $26,390 $83,580
2018 $4,727 $109,970 $26,390 $83,580
2017 $4,254 $109,970 $26,390 $83,580
2016 $3,272 $78,750 $11,690 $67,060
2015 $3,272 $78,750 $11,690 $67,060
2014 $3,272 $78,750 $11,690 $67,060
Source: Public Records

Agents Affiliated with this Home

  • Alex Rodrigues

    Seller's Agent in 2023

    Alex Rodrigues

    RE/MAX

    (203) 751-1426

    1 in this area

    90 Total Sales

    Alex Rodrigues
    Section Image
  • Matthew Tutolo

    Seller Co-Listing Agent in 2023

    Matthew Tutolo

    RE/MAX

    (959) 333-8765

    1 in this area

    106 Total Sales

    Matthew Tutolo
    Section Image

  • X

    Buyer's Agent in 2023

    Xylia DiBianco

    Carbutti & Co., Realtors

    (203) 435-5325

    1 in this area

    47 Total Sales

    Xylia DiBianco
    Section Image

  • J

    Seller's Agent in 2019

    James Sette

    Sette Real Estate LLC

    (203) 710-0047

    58 Total Sales

    James Sette
    Section Image

  • S

    Buyer's Agent in 2019

    Steve Kourpouanidis

    Honorable Real Estate Services

    (203) 260-9125

    1 in this area

    18 Total Sales

    Steve Kourpouanidis
    Section Image
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Map

Source: SmartMLS

MLS Number: 170531154

SmartMLS

APN: NHVN-000288-000522-000200

Connecticut New Haven County New Haven 06511 Newhallville

387 Shelton Ave, New Haven, CT

This home is located at 387 Shelton Ave, New Haven, CT 06511 since 20 October 2022 and is currently estimated at $453,982, approximately $161 per square foot. This property was built in 1920. 387 Shelton Ave is a home located in New Haven County with nearby schools including Highville Charter School and Cedarhurst 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.

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