NOT LISTED FOR SALE

41 Terrace Ave West Haven, CT 06516

Allingtown Neighborhood

Estimated Value: $375,534 - $399,000

4 Beds
2 Baths
1,805 Sq Ft
$212/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $254,500 $141 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,728/month

7 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Hot Water Circulator
  • Attic
  • Public Transportation
  • Hot Water Heating System

About This Home

As of September 2022

Welcome to 41 Terrace Avenue! Each unit in this house has two bedrooms, one full bathroom, and ample living space. The property has been updated recently, too; there is newer vinyl flooring (with wood floors underneath that can be redone!), fresh paint, and a newer roof (2018) with solar panels that will cut down on your electric bill! In addition, there is a very large, partially finished basement with an additional bathroom and extra living space. There is also a substantial amount of unfinished space that can be finished and/or used for storage; the possibilities are endless! The location also makes this property ideal, as it is very close to UNH, shops, restaurants, and highways. Whether you are looking for a new place to call home or the perfect investment property, 41 Terrace is not one that you want to miss!

Last Agent to Sell the Property

Joshua Young

Berkshire Hathaway NE Prop. License #RES.0809612 Listed on: 07/12/2022

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Bob Goetz

Coldwell Banker Realty License #RES.0815735

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,815

Year Built

  • Built in 1940

Lot Details

  • 8,712 Sq Ft Lot
  • Sloped Lot

Parking

  • On-Street Parking

Home Design

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

Interior Spaces

  • 1,805 Sq Ft Home
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Hot Water Circulator
  • Oil Water Heater
  • Fuel Tank Located in Basement

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,815

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1805
  • Public Record Living Room Sq Ft: 1805
  • Total Sq Ft: 1805
  • Year Built: 1940
  • Nearby Amenities: Commuter Bus, Medical Facilities, Park, Private School(s), Public Transportation, Shopping/Mall
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3624
  • Tax Year Updated Dt: 07/18/2022
  • Directions: GPS friendly
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Crawl Space
  • Basement Description: Full, Partially Finished
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: Yes
  • Street Number Modifier: 41

Exterior Features

  • Exterior Siding: Aluminum
  • 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 Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil
  • 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: 0.2000
  • Lot Description: Sloping Lot
  • Zoning: R3

Multi Family

  • Unit Count: 2
  • Total Multi Family: 8
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 6815
  • Total Assessed Value: 149450
  • Mil Rate Base: 34.000
  • Mil Rate Tax District: 11.600
  • Mil Rate Total: 45.600
  • Assessor Parcel Number: 1431239

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
Jul 12, 2022
Closed on
Sep 30, 2022
Sold by
Smith Desmen and Vilsaint Rose-Laure
Bought by
Terrave Avenue Study Hous
Seller's Agent
Joshua Young
Berkshire Hathaway NE Prop.
Buyer's Agent
Bob Goetz
Coldwell Banker Realty
List Price
$264,900
Sold Price
$254,500
Premium/Discount to List
-$10,400
-3.93%
Total Days on Market
7
Views
38
Current Estimated Value
$383,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,011
Avg. Annual Appreciation
14.16%
Original Mortgage
$300,000
Outstanding Balance
$287,152
Interest Rate
5.13%
Mortgage Type
Construction
Estimated Equity
$88,463

Purchase Details

Closed on
Jul 19, 2018
Sold by
Smith Desmen
Bought by
Smith Desmen and Vilsaint Rose L

Purchase Details

Closed on
May 21, 2012
Sold by
Cox Angela D
Bought by
Smith Desmenl

Purchase Details

Closed on
Aug 3, 2004
Sold by
Perrone Linda
Bought by
Smith Desmen and Cox Angela
Source: Public Records

Range of Values:

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Average Value
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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
Terrave Avenue Study Hous $254,500 None Available
Terrave Avenue Study Hous $254,500 None Available
Smith Desmen -- --
Smith Desmen -- --
Smith Desmenl -- --
Smith Desmenl -- --
Smith Desmen $182,000 --
Smith Desmen $182,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Terrave Avenue Study Hous $300,000
Closed Terrave Avenue Study Hous $300,000
Previous Owner Smith Desmen $232,000
Previous Owner Smith Desmen $39,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $254,500 -3.9% $141 / Sq Ft
07/19/2022 07/19/22 Pending -- -- --
07/12/2022 07/12/22 For Sale $264,900 -- $147 / 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 $7,865 $227,780 $58,030 $169,750
2024 $6,834 $140,840 $40,180 $100,660
2023 $6,954 $149,520 $40,180 $109,340
2022 $6,815 $149,450 $40,110 $109,340
2021 $6,815 $149,450 $40,110 $109,340
2020 $6,070 $120,260 $32,550 $87,710
2019 $5,853 $120,260 $32,550 $87,710
2018 $5,803 $120,260 $32,550 $87,710
2017 $5,491 $120,260 $32,550 $87,710
2016 $5,479 $120,260 $32,550 $87,710
2015 $4,855 $120,330 $34,930 $85,400
2014 $4,825 $120,330 $34,930 $85,400
Source: Public Records

Agents Affiliated with this Home

  • Joshua Young

    Seller's Agent in 2022

    Joshua Young

    Berkshire Hathaway Home Services

    (732) 977-5243

    6 in this area

    78 Total Sales

    Joshua Young
    Section Image
  • Bob Goetz

    Buyer's Agent in 2022

    Bob Goetz

    Coldwell Banker Realty

    (203) 913-4441

    2 in this area

    15 Total Sales

    Bob Goetz
    Section Image
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Map

Source: SmartMLS

MLS Number: 170506552

SmartMLS

APN: WHAV-000054-000019

Connecticut New Haven County West Haven 06516 Allingtown

41 Terrace Ave, West Haven, CT

This home is located at 41 Terrace Ave, West Haven, CT 06516 since 12 July 2022 and is currently estimated at $383,511, approximately $212 per square foot. This property was built in 1940. 41 Terrace Ave is a home located in New Haven County with nearby schools including Carrigan 5/6 Intermediate School, Harry M. Bailey Middle School, and West Haven High 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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