NOT LISTED FOR SALE

48 Hubinger St New Haven, CT 06511

Edgewood Neighborhood

Estimated Value: $452,242 - $650,000

7 Beds
2.5 Baths
3,888 Sq Ft
$140/Sq Ft Est. Value

Last Sold December 08, 2023

Last sale price $400,000 $103 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,616/month

10 Days on Market

Highlights

  • Property is near public transit
  • Attic
  • Public Transportation
  • Finished Attic
  • Porch
  • Baseboard Heating

About This Home

As of December 2023

LOCATION! Edgewood neighborhood two-family available with finished 3rd floor. 1st floor is a large 3 bed/1.5 bath apartment and 2nd/3rd floor are combined for a huge 4/5 bed/1.5 bath apartment. POSSIBLE 3 FAMILY CONVERSION OPPORTUNITY! The units have beautiful hardwood floors throughout, original custom woodwork, fireplace, and a ton of character. Both tenants are long term. Utilities are separate and tenant paid - gas heat and hot water + electric. No owner's meter. Tenants take care of lawn and snow removal too! Low maintenance and expense. Private driveway with two-car detached garage in back and small rear yard. Close to endless amenities including Westville area, Downtown New Haven, Westville Music Bowl, Yale, shopping, restaurants, SCSU & more! DO NOT WALK PROPERTY WITHOUT AN APPT OR BOTHER TENANTS. Rents below market = huge opportunity to increase rents for $30k NOI proforma.

Last Agent to Sell the Property

Amanda Sheehan

Oxford Realty License #REB.0795097 Listed on: 10/27/2023

Oxford Realty

Last Buyer's Agent

Jack Hill

Seabury Hill REALTORS License #REB.0795121

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,544

Year Built

  • Built in 1920

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot

Home Design

  • Brick Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 3,888 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Finished Attic

Bedrooms and Bathrooms

  • 7 Bedrooms

Parking

  • 2 Car Garage
  • Private Driveway

Outdoor Features

  • Exterior Lighting
  • Rain Gutters
  • Porch

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Window Unit Cooling System
  • Radiator
  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Public Transportation

Listing and Financial Details

  • Assessor Parcel Number 1257881

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,544

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 3888
  • Total Sq Ft: 3888
  • Year Built: 1920
  • New Construction: No/Resale
  • Nearby Amenities: Commuter Bus, Health Club, Medical Facilities, Park, Playground/Tot Lot, Public Rec Facilities, Public Transportation, Shopping/Mall
  • Association Amenities: None
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 6311
  • Directions: Elm St to Hubinger OR W Park to Hubinger
  • Financing Used: Cash
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Attic Description: Finished
  • Basement Description: Full, Unfinished
  • Attic: Yes

Exterior Features

  • Exterior Features: Gutters, Lighting, Porch, Sidewalk
  • Exterior Siding: Wood
  • Foundation Type: Brick
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Driveway Type: Private
  • Garage And Parking: Detached Garage

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard, Radiator
  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: Non Applicable
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Lot Info

  • Acres: 0.15
  • Lot Description: Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: RM1
  • Parcel #: 1257881

Multi Family

  • Total Number Of Units: 2
  • Unit Count: 2

Tax Info

  • Property Tax: 8544

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 27, 2023
Closed on
Dec 7, 2023
Sold by
25 Holdings Llc
Bought by
Kap Mgmt Llc
Seller's Agent
Amanda Sheehan
Oxford Realty
Buyer's Agent
Jack Hill
Seabury Hill REALTORS
List Price
$369,900
Sold Price
$400,000
Premium/Discount to List
$30,100
8.14%
Views
119
Current Estimated Value
$543,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,561
Avg. Annual Appreciation
16.75%

Purchase Details

Closed on
Jul 12, 2022
Sold by
Arie Investments Llc
Bought by
25 Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,980,000
Interest Rate
5.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 3, 2019
Sold by
Melka Arie
Bought by
Todah Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2011
Sold by
Melka Nathalie
Bought by
Melka Arie

Purchase Details

Closed on
Sep 4, 2007
Sold by
Dugdale Antony and Vahlsing Toni
Bought by
Melka Arie and Melka Nathalie

Purchase Details

Closed on
May 12, 1994
Sold by
Centerbank
Bought by
Vahlsing Toni L and Vahlsing Sandra K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kap Mgmt Llc $400,000 None Available
Kap Mgmt Llc $400,000 None Available
25 Holdings Llc $2,133,000 None Available
25 Holdings Llc $2,133,000 None Available
Todah Llc -- --
Todah Llc -- --
Melka Arie -- --
Melka Arie -- --
Melka Arie -- --
Melka Arie $333,000 --
Melka Arie $333,000 --
Vahlsing Toni L $103,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 25 Holdings Llc $1,980,000
Previous Owner Todah Llc $3,000,000
Previous Owner Vahlsing Toni L $206,400
Previous Owner Vahlsing Toni L $265,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2023 12/08/23 Sold $400,000 +8.1% $103 / Sq Ft
11/06/2023 11/06/23 Pending -- -- --
10/27/2023 10/27/23 For Sale $369,900 -- $95 / 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 $9,049 $229,670 $48,720 $180,950
2024 $8,842 $229,670 $48,720 $180,950
2023 $8,544 $229,670 $48,720 $180,950
2022 $9,129 $229,670 $48,720 $180,950
2021 $6,610 $150,640 $42,000 $108,640
2020 $6,610 $150,640 $42,000 $108,640
2019 $6,475 $150,640 $42,000 $108,640
2018 $6,475 $150,640 $42,000 $108,640
2017 $5,827 $150,640 $42,000 $108,640
2016 $5,163 $124,250 $32,970 $91,280
2015 $5,163 $124,250 $32,970 $91,280
2014 $5,163 $124,250 $32,970 $91,280
Source: Public Records

Agents Affiliated with this Home

  • Amanda Sheehan

    Seller's Agent in 2023

    Amanda Sheehan

    Oxford Realty

    (203) 314-4219

    1 in this area

    167 Total Sales

    Amanda Sheehan
    Section Image
  • Jack Hill

    Buyer's Agent in 2023

    Jack Hill

    Seabury Hill REALTORS

    (203) 675-3942

    10 in this area

    448 Total Sales

    Jack Hill
    Section Image
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Map

Source: SmartMLS

MLS Number: 170607201

SmartMLS

APN: NHVN-000351-001114-000300

Connecticut New Haven County New Haven 06511 Edgewood

48 Hubinger St, New Haven, CT

Not Listed for Sale

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