NOT LISTED FOR SALE

50 Gilbert Ave New Haven, CT 06511

West River Neighborhood

Estimated Value: $385,343 - $533,000

8 Beds
4 Baths
3,720 Sq Ft
$126/Sq Ft Est. Value

Last Sold March 15, 2019

Last sale price $250,000 $67 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $3,229/month

4 Days on Market

Highlights

  • 0.23 Acre Lot
  • No HOA
  • Enclosed patio or porch
  • Attic
  • Balcony
  • 1-minute walk to Orchard Gilbert Neighborhood Park

About This Home

As of March 2019

This New Haven Over Sized Multifamily has New York Style Curb appeal!!This Multifamily home is conveniently locate minutes to Yale New Haven Hospital and University,shopping,and highway I-95/rte 34. Featuring over 3700 square feet of living space(7100 sqft. gross),4 large bedrooms,and 2 spacious full bathrooms on each floor. A Large three season sun porch for entertaining overlooking a large deep backyard.Newer gas furnaces,and updated bathrooms.This is a income producing property. Live in one unit and lease the other or use as an investment for the Ca$h Flow.

Last Agent to Sell the Property

Angelo Turner

Turnervision Group LLC License #REB.0794766 Listed on: 12/12/2018

Last Buyer's Agent

Hayden Brooks

eXp Realty License #RES.0792095

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,446

Year Built

  • Built in 1890

Lot Details

  • 10,019 Sq Ft Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Masonry

Interior Spaces

  • Concrete Flooring
  • Attic

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Basement

  • Walk-Out Basement
  • Partial Basement
  • Basement Storage

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Balcony
  • Enclosed patio or porch

Location

  • Property is near shops
  • Property is near a bus stop

Schools

  • Augusta Lewis Troup Elementary School
  • James Hillhouse High School

Utilities

  • Window Unit Cooling System
  • Radiator
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Hot Water Circulator

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,446

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 3320
  • Public Record Living Room Sq Ft: 3320
  • Sq Ft Est Heated Below Grade: 400
  • Total Sq Ft: 3720
  • Year Built: 1890
  • Nearby Amenities: Health Club, Library, Medical Facilities, Private School(s), Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 7190
  • Directions: Orchard St to Gilbert Ave
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement Description: Partial With Walk-Out, Concrete Floor, Walk-out, Liveable Space, Storage
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: Yes
  • Street Number Modifier: 50

Exterior Features

  • Exterior Features: Balcony, Porch-Enclosed, Sidewalk
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Masonry, Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved
  • Driveway Type: Paved

Utilities

  • Cooling System: Window Unit
  • Heat Type: Hot Water, Radiant, Radiator
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: 40 Gallon Tank, 50 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Augusta Lewis Troup
  • Middle School: Per Board of Ed
  • High School: James Hillhouse
  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.2300
  • Lot Description: N/A
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: RM2

Multi Family

  • Unit Count: 2
  • Total Multi Family: 12
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 5446
  • Total Assessed Value: 126700
  • Mil Rate Base: 42.980
  • Mil Rate Total: 42.980
  • Assessor Parcel Number: 1255071

MLS Schools

  • Elementary School: Augusta Lewis Troup
  • Middle Jr High School: Per Board of Ed
  • High School: James Hillhouse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2023
Sold by
Francis Norval
Bought by
Banton Farika and Banton Dwayne
Total Days on Market
4
Current Estimated Value
$469,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,764
Outstanding Balance
$337,809
Interest Rate
6.13%
Mortgage Type
FHA
Estimated Equity
$130,635

Purchase Details

Listed on
Dec 12, 2018
Closed on
Mar 15, 2019
Sold by
Althea-Stedford Jennifer
Bought by
Banton Farika and Francis Norval
Seller's Agent
Angelo Turner
Turnervision Group LLC
Buyer's Agent
Hayden Brooks
eXp Realty
List Price
$289,900
Sold Price
$250,000
Premium/Discount to List
-$39,900
-13.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.64%
Original Mortgage
$245,471
Interest Rate
5.75%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 5, 2015
Sold by
Hall Hugh
Bought by
Hall Jennifer A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
3.87%
Source: Public Records

Similar Homes in the area

  • 358 Edgewood Ave, New Haven, CT 06511

    $525,000

    • 6 Beds
    • 4 Baths
    • 3,859 Sq Ft
    • 358 Edgewood Ave
    • New Haven, CT

    Looking for an awesome investment or a place to live while earning rental income? Welcome to 358 Edgewood ave. This well-kept 4-family is a gem! You'll find 3 spacious 2-bed, 1-bath units plus a cozy studio apartment-all with hardwood floors and roomy layouts. There's off-street parking (1 spot per unit), a large basement with laundry hookups, and great long-term potential. You're just minutes

    Alvaro Tomas Baptista Ki Property Group

    Section Image
  • 111 Kensington St, New Haven, CT 06511

    $385,000

    • 6 Beds
    • 3 Baths
    • 2,592 Sq Ft
    • 111 Kensington St
    • New Haven, CT

    A fantastic two family home with incredible potential while the exterior could use some updates. The second and third floor have been beautifully remodeled. This home also offers a possible in-law suite adding versatility for extended family or rental income, conveniently located near transportation and shopping is a true diamond in the rough whether you're a homeowner looking for extra space or

    Sharon Peters Century 21 Scala Group

    Section Image
  • 45 Kossuth St, New Haven, CT 06519

    $425,000

    • 6 Beds
    • 3 Baths
    • 2,153 Sq Ft
    • 45 Kossuth St
    • New Haven, CT

    Location, Location! Don't miss out on the chance to own this spacious and beautifully maintained multi-family home ideally situated in the center of New Haven. The first unit features 2 bedrooms and 1 full bathroom. The second unit spans two levels, offering 1 bedroom and 1 full bathroom on the main level, and 3 additional bedrooms and another full bathroom on the upper level-perfect for

    Towanna Randall Berkshire Hathaway NE Prop.

    Section Image
  • 11 White St, New Haven, CT 06519

    $470,000

    • 6 Beds
    • 3 Baths
    • 2,502 Sq Ft
    • 11 White St
    • New Haven, CT

    Discover this three-unit multi-family home at 11 White St in New Haven, CT, featuring a total of six bedrooms and three bathrooms, with each unit designed with two bedrooms and one bathroom. Spanning 2,502 square feet, the property provides generous living space suitable for both owner-occupants and investors looking to generate rental income. Each unit offers functional layouts and comfortable

    Aharon Cowen Alpha Capital Realty, LLC

    Section Image
  • 868 Elm St, New Haven, CT 06511

    $534,900

    • 7 Beds
    • 3 Baths
    • 3,657 Sq Ft
    • 868 Elm St
    • New Haven, CT

    Beautiful two family home with gorgeous millwork both inside and out! Hardwood floors throughout, stained glass reflecting an era of building excellence. The first floor has 2 bedrooms, living room with fireplace, dining room, kitchen and full bath. The second floor unit has two levels of living space. The second floor includes the kitchen with a pantry, living room with a fireplace and

    Sharon Nett Berkshire Hathaway NE Prop.

    Section Image
  • 341 Ellsworth Ave, New Haven, CT 06511

    $379,999

    • 7 Beds
    • 3 Baths
    • 1,871 Sq Ft
    • 341 Ellsworth Ave
    • New Haven, CT

    2 Family Unit Property fully rented out, pick up your very first investment or add it to your portfolio!

    Dillon Cass eRealty Advisors, Inc.

    Section Image
  • 167 Gilbert St, West Haven, CT 06516

    $529,988

    • 6 Beds
    • 3 Baths
    • 2,249 Sq Ft
    • 167 Gilbert St
    • West Haven, CT

    Three Detached Single-Family Homes - Prime Investment Opportunity! This unique property features three fully detached single-family homes, each offering excellent rental potential. The main house has been completely updated with brand-new finishes, including a modern white shaker kitchen, sleek stainless steel appliances, and a newly installed HVAC system. Thoughtfully designed with contemporary

    Michael Sirochman Coldwell Banker Realty

    Section Image
  • 22 Whittlesey Ave, New Haven, CT 06511

    $465,000

    • 7 Beds
    • 3 Baths
    • 3,518 Sq Ft
    • 22 Whittlesey Ave
    • New Haven, CT

    An incredible opportunity awaits owner-occupants and investors in the sought-after Edgewood Park area of New Haven! This spacious 3-unit property, spanning over 3,500 square feet, offers a rare chance for owner-occupants to generate rental income while enjoying a home in a prime location. With separate utilities for each unit, financial flexibility and ease of management are built-in benefits.

    Lisa Cozzi Century 21 AllPoints Realty

    Section Image
  • 91 Spring St, New Haven, CT 06519

    $365,000

    • 7 Beds
    • 3 Baths
    • 2,530 Sq Ft
    • 91 Spring St
    • New Haven, CT

    This 3-unit multifamily investment presents a strategic opportunity for investors looking to unlock significant value. With two 2-bedroom units and one 3-bedroom unit, and tenant-paid utilities, the property offers immediate potential for equity growth. Two vacant units provide a chance for targeted renovations, allowing investors to enhance the property and bring rents to market levels. Recent

    Shy Grahame Berkshire Hathaway NE Prop.

    Section Image
See All Homes in New Haven

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Banton Farika -- None Available
Banton Farika -- None Available
Banton Farika $250,000 --
Banton Farika $250,000 --
Hall Jennifer A -- --
Hall Jennifer A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banton Farika $346,764
Previous Owner Banton Farika $245,471
Previous Owner Hall Jennifer A $20,000
Previous Owner Hall Jennifer A $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2019 03/15/19 Sold $250,000 -13.8% $67 / Sq Ft
12/16/2018 12/16/18 Pending -- -- --
12/12/2018 12/12/18 For Sale $289,900 -- $78 / 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 $8,840 $229,600 $39,480 $190,120
2023 $8,541 $229,600 $39,480 $190,120
2022 $9,127 $229,600 $39,480 $190,120
2021 $5,962 $135,870 $34,720 $101,150
2020 $5,560 $126,700 $34,720 $91,980
2019 $5,446 $126,700 $34,720 $91,980
2018 $5,446 $126,700 $34,720 $91,980
2017 $4,901 $126,700 $34,720 $91,980
2016 $3,743 $90,090 $12,600 $77,490
2015 $3,743 $90,090 $12,600 $77,490
2014 $3,743 $90,090 $12,600 $77,490
Source: Public Records

Agents Affiliated with this Home

  • Angelo Turner

    Seller's Agent in 2019

    Angelo Turner

    Turnervision Group LLC

    (203) 988-5408

    16 Total Sales

    Angelo Turner
    Section Image
  • Hayden Brooks

    Buyer's Agent in 2019

    Hayden Brooks

    eXp Realty

    (203) 645-0228

    19 Total Sales

    Hayden Brooks
    Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170149393

SmartMLS

APN: NHVN-000315-001288-001400

Connecticut New Haven County New Haven 06511 West River

50 Gilbert Ave, New Haven, CT

This home is located at 50 Gilbert Ave, New Haven, CT 06511 since 12 December 2018 and is currently estimated at $469,586, approximately $126 per square foot. This property was built in 1890. 50 Gilbert Ave is a home located in New Haven County with nearby schools including Amistad Academy.

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.

Nearby Homes