NOT LISTED FOR SALE

50 Gilbert Ave New Haven, CT 06511

West River Neighborhood

Estimated Value: $407,735 - $578,000

8 Beds
4 Baths
3,720 Sq Ft
$137/Sq Ft Est. Value

Last Sold March 15, 2019

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

Est. 104% increase in value since last sale

Current estimated payment $3,399/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

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

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

Additional Features

  • 10,019 Sq Ft Lot
  • Property is near shops and bus stop

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

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

  • 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
  • Mil Rate Base: 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
Current Estimated Value
$510,934

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
$335,091
Interest Rate
6.13%
Mortgage Type
FHA
Estimated Equity
$175,843

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
10.98%
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

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
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 List to Sale Price per Sq Ft
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
2025 $9,046 $229,600 $39,480 $190,120
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

    14 Total Sales

    Angelo Turner
    Section Image
  • Hayden Brooks

    Buyer's Agent in 2019

    Hayden Brooks

    eXp Realty

    (203) 645-0228

    13 Total Sales

    Hayden Brooks
    Section Image
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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

Not Listed for Sale

MultiFamily

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