NOT LISTED FOR SALE

408 Edgewood Ave Unit 1 New Haven, CT 06511

Edgewood Neighborhood

Estimated Value: $323,000 - $449,000

2 Beds
2 Baths
1,000 Sq Ft
$407/Sq Ft Est. Value

About This Home

This home is located at 408 Edgewood Ave Unit 1, New Haven, CT 06511 and is currently estimated at $406,987, approximately $406 per square foot. 408 Edgewood Ave Unit 1 is a home located in New Haven County with nearby schools including Amistad Academy and Yeshiva Gedolah Rabbinical Inst.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2023
Sold by
Elm City Homes Llc
Bought by
Elm City West Llc
Current Estimated Value
$406,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Outstanding Balance
$545,985
Interest Rate
6.09%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
-$145,727

Purchase Details

Closed on
Dec 7, 2021
Sold by
Johnson Joann
Bought by
Elm City Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,495
Interest Rate
3.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 16, 2001
Sold by
Mccarthy Kevin
Bought by
Johnson Joann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
7.2%

Purchase Details

Closed on
Apr 2, 1997
Sold by
Community Housing Corp
Bought by
Mccarthy Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,500
Interest Rate
4%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Elm City West Llc -- None Available
Elm City Homes Llc $200,000 None Available
Johnson Joann $132,500 --
Mccarthy Kevin $120,000 --
Community Housing Corp $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elm City Homes Llc $562,500
Previous Owner Elm City Homes Llc $262,495
Previous Owner Community Housing Corp $195,000
Previous Owner Community Housing Corp $160,000
Previous Owner Community Housing Corp $130,500
Previous Owner Community Housing Corp $27,500
Source: Public Records

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 $7,571 $192,150 $49,490 $142,660
2024 $7,398 $192,150 $49,490 $142,660
2023 $7,148 $192,150 $49,490 $142,660
2022 $7,638 $192,150 $49,490 $142,660
2021 $5,483 $124,950 $42,630 $82,320
2020 $5,483 $124,950 $42,630 $82,320
2019 $5,370 $124,950 $42,630 $82,320
2018 $5,370 $124,950 $42,630 $82,320
2017 $4,833 $124,950 $42,630 $82,320
2016 $4,261 $102,550 $33,530 $69,020
2015 $4,261 $102,550 $33,530 $69,020
2014 $4,261 $102,550 $33,530 $69,020
Source: Public Records

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