NOT LISTED FOR SALE

403 Fountain St New Haven, CT 06515

Amity Neighborhood

Estimated Value: $584,528 - $777,000

5 Beds
3 Baths
4,295 Sq Ft
$156/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $425,000 $99 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $4,650/month

70 Days on Market

Highlights

  • Attic
  • No HOA
  • Enclosed patio or porch
  • 2 Fireplaces
  • 2 Car Detached Garage
  • Property is near a bus stop

About This Home

As of January 2021

Great income opportunity! Conveniently located near bus lines, schools & shopping. Spacious 3 family home with 2 large, 6 room apartments including fireplaces in formal living rooms, formal dining room, updated eat-in kitchens and sunroom. 2 Car Garage. All units have separate utilities.
Third floor apartment consists of 4 rooms (1200+ sq ft) & is currently used as an AirBnB. Revenue is over $18,000 through October and is expected to gross over $20,000 for the year. Expectations are even better for next year. You don't want to miss this gorgeous opportunity!

Last Agent to Sell the Property

Jay Cusack

Executive Real Estate Inc. License #RES.0785249 Listed on: 11/20/2020

Executive Real Estate Inc.

Last Buyer's Agent

Timothy Serpe

Citi Atlas Real Estate Co LLC License #REB.0790957

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,146

Year Built

  • Built in 1920

Lot Details

  • 10,454 Sq Ft Lot
  • Level Lot

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Stone Siding
  • Stucco Exterior

Interior Spaces

  • 3 Full Bathrooms
  • 4,295 Sq Ft Home
  • 2 Fireplaces
  • Attic or Crawl Hatchway Insulated

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • 2 Car Detached Garage
  • Driveway
  • Off-Street Parking

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • Enclosed patio or porch
  • Property is near a bus stop

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,146

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Neighborhood: Westville
  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 4295
  • Public Record Living Room Sq Ft: 4295
  • Total Sq Ft: 4295
  • Year Built: 1920
  • Nearby Amenities: Medical Facilities, Walk to Bus Lines
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 6352
  • Directions: Whalley Avenue or Forest to Fountain Street
  • Special Features: None

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Fireplaces: 2
  • Attic Description: Access Via Hatch, Crawl Space
  • Basement Description: Full With Hatchway
  • Laundry Room Location: Laundry located in basement
  • Laundry Room Info: Coin Op Laundry
  • Attic: Yes
  • Street Number Modifier: 403

Exterior Features

  • Exterior Features: Porch, Porch-Enclosed
  • Exterior Siding: Stone, Stucco
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage, Off Street Parking
  • Garages Number: 2
  • Driveway Type: Asphalt

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Lot Info

  • Acres: 0.2400
  • Lot Description: Level Lot
  • Zoning: RM1

Multi Family

  • Unit Count: 3
  • Total Multi Family: 16
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 8146
  • Total Assessed Value: 185640
  • Mil Rate Base: 43.880
  • Mil Rate Total: 43.880
  • Assessor Parcel Number: 1261035

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
Nov 20, 2020
Closed on
Jan 20, 2021
Sold by
Nicholson-Boto Agedi and Florenco-Boto Regina
Bought by
Corcoran Kelsey L and Corcoran Jared
Seller's Agent
Jay Cusack
Executive Real Estate Inc.
Buyer's Agent
Timothy Serpe
Citi Atlas Real Estate Co LLC
List Price
$450,000
Sold Price
$425,000
Premium/Discount to List
-$25,000
-5.56%
Total Days on Market
70
Current Estimated Value
$670,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,382
Avg. Annual Appreciation
11.49%
Original Mortgage
$340,000
Outstanding Balance
$307,059
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$374,198

Purchase Details

Listed on
Mar 24, 2016
Closed on
Aug 16, 2016
Sold by
Silver Harrison
Bought by
Nicholson-Boto Agedi and Boto Regina F
Seller's Agent
Jay Cusack
Executive Real Estate Inc.
Buyer's Agent
Jay Cusack
Executive Real Estate Inc.
List Price
$379,000
Sold Price
$344,000
Premium/Discount to List
-$35,000
-9.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.84%
Original Mortgage
$337,769
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 31, 2005
Sold by
Esposito Vincent J and Esposito Paula
Bought by
Silver Harrison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,900
Interest Rate
5.67%
Source: Public Records

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Range of Values:

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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
Corcoran Kelsey L $425,000 None Available
Nicholson-Boto Agedi $344,000 --
Silver Harrison $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corcoran Kelsey L $29,098
Open Corcoran Kelsey L $340,000
Previous Owner Esposito Vincent J $337,769
Previous Owner Boto Agedi N $337,769
Previous Owner Esposito Vincent J $280,753
Previous Owner Esposito Vincent J $319,900
Previous Owner Esposito Vincent J $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2021 02/01/21 Pending -- -- --
01/29/2021 01/29/21 Sold $425,000 -5.6% $99 / Sq Ft
11/20/2020 11/20/20 For Sale $450,000 +30.8% $105 / Sq Ft
08/12/2016 08/12/16 Sold $344,000 -9.2% $80 / Sq Ft
06/21/2016 06/21/16 Pending -- -- --
03/24/2016 03/24/16 For Sale $379,000 -- $88 / 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
2024 $10,632 $276,150 $53,550 $222,600
2023 $10,273 $276,150 $53,550 $222,600
2022 $10,977 $276,150 $53,550 $222,600
2021 $8,146 $185,640 $36,470 $149,170
2020 $8,146 $185,640 $36,470 $149,170
2019 $7,979 $185,640 $36,470 $149,170
2018 $7,979 $185,640 $36,470 $149,170
2017 $7,181 $185,640 $36,470 $149,170
2016 $6,594 $158,690 $39,620 $119,070
2015 $6,594 $158,690 $39,620 $119,070
2014 $6,594 $158,690 $39,620 $119,070
Source: Public Records

Agents Affiliated with this Home

  • Jay Cusack

    Seller's Agent in 2021

    Jay Cusack

    Executive Real Estate

    (860) 883-5549

    1 in this area

    288 Total Sales

    Jay Cusack
    Section Image
  • Timothy Serpe

    Buyer's Agent in 2021

    Timothy Serpe

    Citi Atlas Real Estate Co LLC

    (203) 671-3467

    2 in this area

    97 Total Sales

    Timothy Serpe
    Section Image
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Map

Source: SmartMLS

MLS Number: 170355986

SmartMLS

APN: NHVN-000420-001218-002100

Connecticut New Haven County New Haven 06515 Amity

403 Fountain St, New Haven, CT

This home is located at 403 Fountain St, New Haven, CT 06515 since 20 November 2020 and is currently estimated at $670,382, approximately $156 per square foot. This property was built in 1920. 403 Fountain St is a home located in New Haven County with nearby schools including Elm City Montessori School and Hopkins School.

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