NOT LISTED FOR SALE

500 Central Ave New Haven, CT 06515

Westville Neighborhood

Estimated Value: $611,000 - $832,000

8 Beds
3 Baths
4,218 Sq Ft
$169/Sq Ft Est. Value

Sale Details

Date Sold: October 9, 2023

Last sale price $560,000 $133 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $5,025 / mo

137 Days on Market

Highlights

  • Property is near golf course and public transit
  • Attic
  • Corner Lot
  • Finished Attic
  • 2 Fireplaces
  • No HOA

About This Home

As of October 2023

Location - Location - Location - 2 Family in the heart of Westville - 1st Floor Apartment consists of 1,472 sq ft with 3 Bedrooms with 1 Bath;
2nd apartment consists 2670 sq ft with 5 Bedrooms with 2 full baths: Leased @ $3,500.00 per month: Large Windows - Fireplaces - High Ceilings - Harwood Floors - Separate Utilites - General Renovations completed in 2017 Furnaces replaced in 2016

Redevelopment Opportunity: Subject is situated in RM1 Zone District. The Zoning Regulations allow redevelopment of the existing structure into 3 or 4 apartments. [ 1 unit / 1000 sq ft of gross floor area ]

Last Agent to Sell the Property

Robert Ghent

Ghent Realty Advisors License #REB.0790043 Listed on: 05/22/2023

Last Buyer's Agent

Brittany Williams

BT Miller Realtors License #RES.0817674

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,661

Year Built

  • Built in 1890

Lot Details

  • 16,553 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 4,218 Sq Ft Home
  • 2 Fireplaces
  • Basement Fills Entire Space Under The House
  • Finished Attic
  • Smart Thermostat

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Driveway

Location

  • Flood Zone Lot
  • Property is near golf course and public transit

Additional Features

  • Porch
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,661

Year Built

Built in 1890

Lot Details

0.38 Acres

Listing Details

  • Neighborhood: Westville
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 4218
  • Public Record Living Room Sq Ft: 4218
  • Total Sq Ft: 4218
  • Year Built: 1890
  • Nearby Amenities: Commuter Bus, Golf Course, Lake, Library, Medical Facilities, Private School(s), Public Rec Facilities, Public Transportation
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 7130
  • Tax Year Updated Dt: 07/03/2023
  • Directions: Fountain Street to Central ave
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Fireplaces: 2
  • Attic Description: Finished
  • Basement Description: Full
  • Attic: Yes
  • Home Automation: Thermostat(s)

Exterior Features

  • Exterior Features: Porch
  • Exterior Siding: Wood, Stucco
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame, Stucco

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2
  • Driveway Type: Asphalt

Utilities

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

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.3800
  • Lot Description: Corner Lot, Level Lot
  • Elevation Certificate: No
  • Flood Zone: Yes
  • Zoning: RM1

Multi Family

  • Unit Count: 2
  • Total Multi Family: 14
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 13661
  • Mil Rate Base: 37.200
  • Assessor Parcel Number: 1259454

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2023
Closed on
Oct 5, 2023
Sold by
Bought by
Seller's Agent
Robert Ghent
Ghent Realty Advisors
Buyer's Agent
Brittany Williams
BT Miller Realtors
List Price
$595,000
Sold Price
$560,000
Premium/Discount to List
-$35,000
-5.88%
Views
275
Current Estimated Value
$711,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,158
Avg. Annual Appreciation
9.25%
Original Mortgage
$549,857
Outstanding Balance
$539,267
Interest Rate
7.23%
Mortgage Type
FHA
Estimated Equity
$171,891

Purchase Details

Closed on
Apr 2, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,068,000
Interest Rate
4.4%
Mortgage Type
Undefined Multiple Amounts

Purchase Details

Listed on
Jan 17, 2017
Closed on
Feb 23, 2017
Sold by
Bought by
Seller's Agent
Jack Hill
Seabury Hill REALTORS
Buyer's Agent
Mendel Paris
Paris Realty Group
List Price
$199,000
Sold Price
$180,000
Premium/Discount to List
-$19,000
-9.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.87%

Purchase Details

Listed on
Mar 27, 2015
Closed on
Aug 3, 2015
Sold by
Bought by
Seller's Agent
Douglas Ledewitz
Pulse Realty LLC
Buyer's Agent
Valencia Goodridge
Coldwell Banker Realty
List Price
$199,500
Sold Price
$215,000
Premium/Discount to List
$15,500
7.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.77%

Purchase Details

Closed on
Mar 10, 2015
Sold by
Bought by

Purchase Details

Closed on
Jan 5, 2015
Sold by
Bought by

Purchase Details

Closed on
Jul 6, 2001
Sold by
Bought by

Purchase Details

Closed on
Dec 4, 1998
Sold by
Bought by

Purchase Details

Closed on
May 12, 1997
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$560,000 None Available
-- --
$180,000 --
-- --
$215,000 --
-- --
-- --
$277,000 --
$100,000 --
$192,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $549,857
Previous Owner $1,068,000
Previous Owner $50,000
Previous Owner $440,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/09/2023 10/09/23 Sold $560,000 -5.9% $133 / Sq Ft
10/06/2023 10/06/23 Pending -- -- --
05/22/2023 05/22/23 For Sale $595,000 +230.6% $141 / Sq Ft
02/21/2017 02/21/17 Sold $180,000 -9.5% $43 / Sq Ft View Prior Sale
01/20/2017 01/20/17 Pending -- -- --
01/17/2017 01/17/17 For Sale $199,000 -7.4% $47 / Sq Ft
08/02/2015 08/02/15 Sold $215,000 +7.8% $51 / Sq Ft View Prior Sale
04/20/2015 04/20/15 Pending -- -- --
03/27/2015 03/27/15 For Sale $199,500 -- $47 / Sq Ft
Source: SmartMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $14,468 $367,220 $81,480 $285,740
2024 $14,138 $367,220 $81,480 $285,740
2023 $13,661 $367,220 $81,480 $285,740
2022 $14,597 $367,220 $81,480 $285,740
2021 $11,457 $261,100 $63,490 $197,610
2020 $11,457 $261,100 $63,490 $197,610
2019 $11,222 $261,100 $63,490 $197,610
2018 $11,222 $261,100 $63,490 $197,610
2017 $10,099 $261,100 $63,490 $197,610
2016 $10,023 $241,220 $75,180 $166,040
2015 $10,023 $241,220 $75,180 $166,040
2014 $10,023 $241,220 $75,180 $166,040
Source: Public Records

Agents Affiliated with this Home

  • Robert Ghent

    Seller's Agent in 2023

    Robert Ghent

    Ghent Realty Advisors

    (203) 543-2847

    2 in this area

    103 Total Sales

    Robert Ghent
    Section Image

  • B

    Buyer's Agent in 2023

    Brittany Williams

    BT Miller Realtors

    (203) 836-0328

    3 in this area

    14 Total Sales

    Brittany Williams
    Section Image
  • Jack Hill

    Seller's Agent in 2017

    Jack Hill

    Seabury Hill REALTORS

    (203) 675-3942

    31 in this area

    423 Total Sales

    Jack Hill
    Section Image

  • M

    Buyer's Agent in 2017

    Mendel Paris

    Paris Realty Group

    Section Image
  • Douglas Ledewitz

    Seller's Agent in 2015

    Douglas Ledewitz

    Pulse Realty LLC

    (203) 305-5282

    2 in this area

    148 Total Sales

    Douglas Ledewitz
    Section Image

  • V

    Buyer's Agent in 2015

    Valencia Goodridge

    Coldwell Banker

    Section Image
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Map

Source: SmartMLS

MLS Number: 170570198

SmartMLS

APN: NHVN-000386-001123-001200

Connecticut New Haven County New Haven 06515 Westville

500 Central Ave, New Haven, CT

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