NOT LISTED FOR SALE

40 Blake St New Haven, CT 06511

Beaver Hills Neighborhood

Estimated Value: $555,108 - $590,000

10 Beds
4 Baths
4,110 Sq Ft
$139/Sq Ft Est. Value

Sale Details

Date Sold: October 25, 2023

Last sale price $500,000 $122 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,157 / mo

59 Days on Market

Highlights

  • Property is near public transit, shops, and bus stop
  • No HOA
  • Public Transportation
  • Attic
  • Porch
  • Level Lot

About This Home

As of October 2023

An amazing opportunity in the Beaver Hills neighborhood of New Haven: this is perfect for an owner occupier or investor! 8+% CAP! This location is home to: Hamilton Park, the Connecticut Open Tournament, and the beautiful West River. This 4-unit asset is 4110 SF & has tenant paid utilities. Unit 1 has 3 bedrooms/ 1 bathroom rented for $1295 that is M2M. Unit 2 has 3 bedrooms/1 bathroom and is ready for occupancy. Unit 3 is 3 bedrooms/ 1 bathroom rented for $1275 with a lease expiration of 11/30/23. Unit 4 has 3 bedrooms/ 1 bathroom rented for $1030 to a long-term tenant of 7 years that is currently M2M. The asset features off street parking.

The asset features: newer vinyl siding, windows and porches. The range is natural gas, electrical is updated and there are 2 sides to the basement for the mechanicals. This asset can be purchased with 2 other 4 unit assets on Blake. AGENTS PLEASE READ AGENT to AGENT REMARKS! Properties to be Sold As-Is, Where-Is. Inspections for Informational Purposes Only. FHA Buyers please have the Lender run the Self Sufficiency Test on the Rental Amounts to qualify property.

Last Agent to Sell the Property

Lisa Cozzi

Century 21 AllPoints Realty License #REB.0789668 Listed on: 06/08/2023

Century 21 AllPoints Realty

Co-Listed By

Maddy Ceruti

Century 21 AllPoints Realty License #RES.0813001

Last Buyer's Agent

Sharonica Michael

Keller Williams Realty Prtnrs. License #RES.0827566

Keller Williams Realty Prtnrs.

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,596

Year Built

  • Built in 1900

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot

Parking

  • On-Street Parking

Home Design

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

Interior Spaces

  • 4,110 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Attic

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters
  • Porch

Location

  • Property is near public transit, shops, and bus stop

Utilities

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

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Additional Features

  • Public Transportation
  • Gross Income $60,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,596

Year Built

Built in 1900

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 4110
  • Public Record Living Room Sq Ft: 4110
  • Total Sq Ft: 4110
  • Year Built: 1900
  • Nearby Amenities: Medical Facilities, Park, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 4 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 6333
  • Tax Year Updated Dt: 07/03/2023
  • Directions: GPS friendly
  • Special Features: None

Interior Features

  • Total Bedrooms: 10
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement Description: Full
  • Attic: Yes

Exterior Features

  • Exterior Features: Gutters, Lighting, Porch, Sidewalk
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: On Street Parking

Utilities

  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas, Oil
  • 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

  • HOA: No
  • Special Association Assessment Y: No

Lot Info

  • Acres: 0.2300
  • Lot Description: Level Lot
  • Zoning: RM2

Multi Family

  • Gross Annual Income: 60600
  • Unit Count: 4
  • Total Num Of Units: 4

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 11596
  • Mil Rate Base: 37.200
  • Assessor Parcel Number: 1258113

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2023
Closed on
Oct 20, 2023
Sold by
Bought by
Seller's Agent
Lisa Cozzi
Century 21 AllPoints Realty
Buyer's Agent
Sharonica Michael
Keller Williams Realty Prtnrs.
List Price
$575,000
Sold Price
$500,000
Premium/Discount to List
-$75,000
-13.04%
Views
331
Current Estimated Value
$570,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,036
Avg. Annual Appreciation
4.78%
Original Mortgage
$367,500
Outstanding Balance
$357,281
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$212,755

Purchase Details

Closed on
Mar 28, 2016
Sold by
Bought by

Purchase Details

Closed on
Nov 18, 2009
Sold by
Bought by

Purchase Details

Closed on
Sep 24, 2009
Sold by
Bought by

Purchase Details

Closed on
Sep 3, 1999
Sold by
Bought by

Purchase Details

Closed on
Aug 12, 1998
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Beaver Hills, CT

  • Bluma Katz Real Estate Agent - mygoodagent

    Bluma Katz

    mygoodagent

    (475) 800-8811

    88 Total Sales

    13 in Beaver Hills

    $265K - $685K Price Range

    Bluma Katz
     Section Image
  • Heike Hyka Severine Real Estate Agent - Coldwell Banker Realty

    Heike Hyka Severine

    Responds Quickly

    Coldwell Banker Realty

    (475) 241-7754

    66 Total Sales

    1 in Beaver Hills

    $300,001 Price

    Heike Hyka Severine
     Section Image
  • Clifton Green Real Estate Agent - Coldwell Banker Realty

    Clifton Green

    Coldwell Banker Realty

    (475) 267-4054

    53 Total Sales

    2 in Beaver Hills

    $190K - $195K Price Range

    Clifton Green
     Section Image
  • Alexander Galvez Real Estate Agent - Century 21 Galvez

    Alexander Galvez

    Century 21 Galvez

    (855) 697-7271

    92 Total Sales

    1 in Beaver Hills

    $465,000 Price

    Alexander Galvez
     Section Image
  • Wojtek Borowski Real Estate Agent - Pearce Real Estate

    Wojtek Borowski

    Pearce Real Estate

    (475) 234-4250

    186 Total Sales

    1 in Beaver Hills

    $570,000 Price

    Wojtek Borowski
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$500,000 None Available
-- --
$141,000 --
-- --
$155,000 --
$25,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $367,500
Previous Owner $277,500
Previous Owner $240,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/25/2023 10/25/23 Sold $500,000 -4.8% $122 / Sq Ft
08/06/2023 08/06/23 Pending -- -- --
07/12/2023 07/12/23 Price Changed $525,000 -8.7% $128 / Sq Ft
06/08/2023 06/08/23 For Sale $575,000 -- $140 / Sq Ft
Source: SmartMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $12,281 $311,710 $51,310 $260,400
2024 $12,001 $311,710 $51,310 $260,400
2023 $11,596 $311,710 $51,310 $260,400
2022 $12,390 $311,710 $51,310 $260,400
2021 $7,516 $171,290 $44,240 $127,050
2020 $7,516 $171,290 $44,240 $127,050
2019 $7,362 $171,290 $44,240 $127,050
2018 $7,362 $171,290 $44,240 $127,050
2017 $5,686 $147,000 $44,240 $102,760
2016 $4,581 $110,250 $34,720 $75,530
2015 $4,581 $110,250 $34,720 $75,530
2014 $4,581 $110,250 $34,720 $75,530
Source: Public Records

Agents Affiliated with this Home

  • Lisa Cozzi Real Estate Agent - Century 21 AllPoints Realty

    Seller's Agent in 2023

    Lisa Cozzi

    Century 21 AllPoints Realty

    (860) 508-2102

    11 in this area

    225 Total Sales

    Lisa Cozzi
    Section Image
  • Maddy Ceruti Real Estate Agent - Century 21 AllPoints Realty

    Seller Co-Listing Agent in 2023

    Maddy Ceruti

    Century 21 AllPoints Realty

    (860) 559-0978

    6 in this area

    148 Total Sales

    Maddy Ceruti
    Section Image

  • S

    Buyer's Agent in 2023

    Sharonica Michael

    Keller Williams Realty Prtnrs.

    Section Image
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Map

Source: SmartMLS

MLS Number: 170576025

SmartMLS

APN: NHVN-000353-001146-000400

Connecticut New Haven County New Haven 06511 Beaver Hills

40 Blake St, New Haven, CT

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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