NOT LISTED FOR SALE

50 Silver St Branford, CT 06405

Estimated Value: $518,000 - $579,000

5 Beds
3 Baths
2,321 Sq Ft
$237/Sq Ft Est. Value

Last Sold July 03, 2024

Last sale price $455,000 $196 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,426/month

20 Days on Market

Highlights

  • Property is near public transit, shops, and bus stop
  • Public Transportation
  • Central Air
  • Attic
  • Garden

About This Home

As of July 2024

Investors and Owner occupants take note! Here is your chance to own this unique 2-family house right outside the Branford City Center. This all-brick building offers up and down apartments with an attached garage and a nice sized backyard. As you enter the first-floor apartment you will be greeted to a large eat in kitchen. The kitchen contains an electric range, refrigerator, and dishwasher which all convey with the property. The rest of the apartment contains a decent sized living room, 3 decent sized bedrooms and 2 bathrooms. Washer and Dryer are newer and located in the unit, which is a huge benefit to the owner or renter. (*Please Note there are limited pictures of this unit because it's occupied). As you move up to the second-floor apartment you will find another large kitchen, living room and two decently sized bedrooms as well. Like the first-floor apartment the kitchen is an eat in kitchen and contains a refrigerator, stove, and dishwasher which all convey with the sale. Washer and dryer are also located in this unit. (Please note that this unit is occupied, and photos were taken prior to the tenant being placed.) This property is truly one of a kind and a must see so don't hesitate. Come schedule your viewing today! Highest and Best by 5/11/2024 at 5 p.m.

Last Agent to Sell the Property

Schuyler Goines

Coldwell Banker Realty License #RES.0803087 Listed on: 05/04/2024

Coldwell Banker Realty

Last Buyer's Agent

Nancy Hainsworth

William Raveis Real Estate License #RES.0290090

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,893

Year Built

  • Built in 1950

Lot Details

  • 8,712 Sq Ft Lot
  • Garden

Home Design

  • Brick Exterior Construction
  • Concrete Foundation
  • Asphalt Shingled Roof
  • Masonry Siding

Interior Spaces

  • 2,321 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 1 Car Garage
  • Driveway

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • Rain Gutters
  • Property is near public transit, shops, and bus stop

Community Details

  • 2 Units
  • Public Transportation

Listing and Financial Details

  • Assessor Parcel Number 1065889

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,893

Year Built

Built in 1950

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: 2321
  • Total Sq Ft: 2321
  • Year Built: 1950
  • New Construction: No/Resale
  • Nearby Amenities: Park, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Directions: Use GPS
  • Financing Used: Withheld
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Attic Description: Access Via Hatch
  • Basement Description: Full
  • Laundry Room Location: Located in each unit
  • Attic: Yes

Exterior Features

  • Exterior Features: Gutters, Garden Area
  • Exterior Siding: Brick
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Brick

Garage/Parking

  • Garages Number: 1
  • Driveway Type: Asphalt
  • Total Parking Spaces: 3
  • Garage And Parking: Attached Garage, Paved, Off Street Parking, Driveway

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Lot Info

  • Acres: 0.2
  • Lot Description: N/A
  • Zoning: R1
  • Parcel #: 1065889

Multi Family

  • Total Number Of Units: 2

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 6893

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
May 4, 2024
Closed on
Jul 2, 2024
Sold by
Gardner William T
Bought by
Zennou Corriene
Seller's Agent
Schuyler Goines
Coldwell Banker Realty
Buyer's Agent
Nancy Hainsworth
William Raveis Real Estate
List Price
$430,000
Sold Price
$455,000
Premium/Discount to List
$25,000
5.81%
Views
97
Current Estimated Value
$550,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,067
Avg. Annual Appreciation
13.20%
Original Mortgage
$341,250
Outstanding Balance
$337,135
Interest Rate
6.94%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$212,932

Purchase Details

Listed on
Oct 13, 2020
Closed on
Dec 18, 2020
Sold by
Colarc Holdings Llc
Bought by
Gardner William T
Seller's Agent
Joseph Iamunno
William Raveis Real Estate
Buyer's Agent
Schuyler Goines
Coldwell Banker Realty
List Price
$339,900
Sold Price
$325,000
Premium/Discount to List
-$14,900
-4.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.03%
Original Mortgage
$243,750
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 14, 2015
Closed on
Nov 6, 2015
Sold by
Mam Properties Llc
Bought by
Genarc 1 Llc
Seller's Agent
George Platt
Bellwether Realty Group, LLC
Buyer's Agent
George Platt
Bellwether Realty Group, LLC
Sold Price
$1,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,256
Interest Rate
3.88%

Purchase Details

Closed on
Feb 26, 2015
Sold by
Keesh Associates Llc
Bought by
Mam Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000,000
Interest Rate
3.66%

Purchase Details

Listed on
Aug 25, 2014
Closed on
Dec 12, 2014
Sold by
Gargamelli Maria and Gargamelli James
Bought by
Keesh Associates Llc
Seller's Agent
Mark Lubeski
Century 21 AllPoints Realty
Buyer's Agent
Joseph Iamunno
William Raveis Real Estate
List Price
$269,000
Sold Price
$230,000
Premium/Discount to List
-$39,000
-14.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.19%
Original Mortgage
$225,000
Interest Rate
3.98%
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
Zennou Corriene $455,000 None Available
Gardner William T $325,000 None Available
Genarc 1 Llc -- --
Mam Properties Llc -- --
Keesh Associates Llc $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zennou Corriene $341,250
Previous Owner Gardner William T $243,750
Previous Owner Genarc 1 Llc $248,256
Previous Owner Mam Properties Llc $10,000,000
Previous Owner Keesh Associates Llc $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/03/2024 07/03/24 Sold $455,000 +5.8% $196 / Sq Ft
05/24/2024 05/24/24 Pending -- -- --
05/04/2024 05/04/24 For Sale $430,000 +32.3% $185 / Sq Ft
12/26/2020 12/26/20 Sold $325,000 -4.4% $140 / Sq Ft View Prior Sale
10/26/2020 10/26/20 Pending -- -- --
10/13/2020 10/13/20 For Sale $339,900 0.0% $146 / Sq Ft
03/25/2016 03/25/16 Rented $1,300 0.0% --
03/21/2016 03/21/16 Under Contract -- -- --
03/08/2016 03/08/16 For Rent $1,300 -21.2% --
10/15/2015 10/15/15 Rented $1,650 0.0% --
08/08/2015 08/08/15 Under Contract -- -- --
07/14/2015 07/14/15 For Rent $1,650 0.0% --
12/18/2014 12/18/14 Sold $230,000 -14.5% $99 / Sq Ft View Prior Sale
09/15/2014 09/15/14 Pending -- -- --
08/25/2014 08/25/14 For Sale $269,000 -- $116 / 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 $6,827 $319,000 $76,600 $242,400
2024 $7,029 $230,600 $64,700 $165,900
2023 $6,893 $230,600 $64,700 $165,900
2022 $6,791 $230,600 $64,700 $165,900
2021 $6,791 $230,600 $64,700 $165,900
2020 $6,669 $230,600 $64,700 $165,900
2019 $6,677 $229,700 $67,600 $162,100
2018 $6,579 $229,700 $67,600 $162,100
2017 $6,540 $229,700 $67,600 $162,100
2016 $5,238 $191,100 $67,600 $123,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24015140

SmartMLS

APN: BRAN-000006E-000006-000047