NOT LISTED FOR SALE

500 Prospect St Unit 3D New Haven, CT 06511

Prospect Hill Neighborhood

Estimated Value: $422,000 - $523,000

2 Beds
2 Baths
1,267 Sq Ft
$470/mo HOA Fee

Last Sold February 28, 2024

Last sale price $463,500 $366 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,590/month

37 Days on Market

Highlights

  • City View
  • Ranch Style House
  • Elevator
  • Property is near public transit
  • 1 Fireplace
  • Thermal Windows

About This Home

As of February 2024

Exquisite is the only way to describe this totally remodeled condominium in Prospect Hill. From the moment you enter this 2-bedroom, 2-bathroom unit, the attention to detail and quality is obvious. The kitchen is a cook’s dream with a Miele induction cooktop, quartz counters, custom cabinetry with plenty of storage, and Bosch wall ovens. The natural light and wood burning fireplace make the living room/ dining room a perfect place to entertain. There is a separate office nook that makes working from home a pleasure. Both bedrooms are spacious with ample closet space. The bathrooms have tile floors and walls, stone counters and beautiful fixtures. Custom and recessed lighting add elegance to this spectacular living space. The heating system, central air, hot water heater and windows are all approximately 5 years old. The Bosch washer and dryer are located in the home. The unit includes one assigned garage parking space and elevator access for your convenience. All this within walking distance of East Rock’s markets, cafes, parks, schools, and the best New Haven has to offer while enjoying the tranquility of this historic neighborhood.

Last Agent to Sell the Property

Elise Kamp

Press/Cuozzo Realtors License #RES.0348824 Listed on: 01/02/2024

Last Buyer's Agent

Lori Kroh

Century 21 AllPoints Realty License #RES.0762237

Century 21 AllPoints Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,148

Year Built

  • Built in 1988

HOA Fees

  • $470 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Poured Concrete
  • Concrete Siding
  • Stone Siding

Interior Spaces

  • 1,267 Sq Ft Home
  • 1 Fireplace
  • Thermal Windows
  • City Views

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Guest Parking
  • Visitor Parking

Location

  • Property is near public transit

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 1249007

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, property management
  • 26 Units
  • Property managed by Felner Corporation

Amenities

  • Public Transportation
  • Elevator

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,148

Year Built

Built in 1988

Lot Details

0

HOA Fees

$470 per month

Listing Details

  • Neighborhood: N/A
  • Property Type: Condo/Co-Op For Sale
  • Style: Ranch, Apartment
  • Sq Ft Est Heated Above Grade: 1267
  • Total Sq Ft: 1267
  • Year Built: 1988
  • New Construction: No/Resale
  • Nearby Amenities: Commuter Bus, Library, Medical Facilities, Park, Private School(s), Public Transportation
  • Association Amenities: Elevator, Guest Parking
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Special Assessment Details: $155.85
  • Unit On Floor Number: 3
  • Public Record Gross Sq Ft: 1267
  • Directions: Prospect Street between Prospect and Higland.
  • Financing Used: Cash
  • In Law Apartment: No
  • Living Area Sq Ft Per Public Record: 1267
  • Spec Assoc Asses: Yes
  • Street Type: Street
  • Special Features: None

Interior Features

  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Basement Description: None
  • Appliances: Electric Cooktop, Wall Oven, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Location: In unit
  • Attic: No
  • Street Number Modifier: 500

Exterior Features

  • Exterior Features: Sidewalk
  • Exterior Siding: Stone, Poured Concrete
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Concrete

Garage/Parking

  • Garages Number: 1
  • Total Parking Spaces: 1
  • Garage And Parking: Covered Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Property Management
  • Levels In Unit: 1
  • HOA Fees: 470
  • HOA Fee Frequency: Monthly
  • Property Management Type: Professional-Off Site
  • Property Manager Name: Tim O'Neil
  • Property Mgt Company Name: Felner Corporation
  • Property Mgt Phone: 203-331-4770
  • Total Number of Units In Complex: Prospect (500)

Schools

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

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Lot Description: City Views
  • Flood Zone: No
  • Zoning: PDD64
  • Parcel #: 1249007

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Total Number Of Units: 26

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 7148
  • Total Assessed Value: 192150
  • Mil Rate Total: 37.2

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
Jan 2, 2024
Closed on
Feb 16, 2024
Sold by
Griffith Brigitte P and Griffith Ezra E
Bought by
Shen James and Lin Xiaowen
Seller's Agent
Elise Kamp
Press/Cuozzo Realtors
Buyer's Agent
Lori Kroh
Century 21 AllPoints Realty
List Price
$465,000
Sold Price
$463,500
Premium/Discount to List
-$1,500
-0.32%
Views
140
Current Estimated Value
$456,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,645
Avg. Annual Appreciation
0.73%

Purchase Details

Closed on
May 7, 2004
Sold by
Sullivan Ann
Bought by
Griffith Bridgette P and Griffith Ezra E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,320
Interest Rate
5.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 2000
Sold by
Chang Richard K and Chang Sung W
Bought by
Sullivan Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,977
Interest Rate
7.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 1987
Sold by
500 Prospect Devel
Bought by
Chang Richard K
Source: Public Records

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
Shen James $463,000 None Available
Shen James $463,000 None Available
Shen James $463,000 None Available
Griffith Bridgette P $247,900 --
Griffith Bridgette P $247,900 --
Sullivan Ann $130,000 --
Sullivan Ann $130,000 --
Chang Richard K $152,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chang Richard K $198,320
Previous Owner Chang Richard K $125,000
Previous Owner Chang Richard K $126,977
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2024 02/28/24 Sold $463,500 -0.3% $366 / Sq Ft
02/08/2024 02/08/24 Pending -- -- --
01/02/2024 01/02/24 For Sale $465,000 0.0% $367 / Sq Ft
03/26/2016 03/26/16 Rented $2,200 +25.7% --
03/17/2016 03/17/16 Under Contract -- -- --
11/16/2015 11/16/15 For Rent $1,750 -12.5% --
10/19/2012 10/19/12 Rented $2,000 -9.1% --
10/15/2012 10/15/12 Under Contract -- -- --
06/13/2012 06/13/12 For Rent $2,200 -- --
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 $7,571 $192,150 $0 $192,150
2024 $7,398 $192,150 $0 $192,150
2023 $7,148 $192,150 $0 $192,150
2022 $7,638 $192,150 $0 $192,150
2021 $7,845 $178,780 $0 $178,780
2020 $7,845 $178,780 $0 $178,780
2019 $7,684 $178,780 $0 $178,780
2018 $7,684 $178,780 $0 $178,780
2017 $6,915 $178,780 $0 $178,780
2016 $7,821 $188,230 $0 $188,230
2015 $7,821 $188,230 $0 $188,230
2014 -- $188,230 $0 $188,230
Source: Public Records

Agents Affiliated with this Home

  • Elise Kamp

    Seller's Agent in 2024

    Elise Kamp

    Press/Cuozzo Realtors

    (203) 804-0236

    1 in this area

    30 Total Sales

    Elise Kamp
    Section Image
  • Lori Kroh

    Buyer's Agent in 2024

    Lori Kroh

    Century 21 AllPoints Realty

    (860) 214-3969

    1 in this area

    106 Total Sales

    Lori Kroh
    Section Image
  • Nancy Nishball

    Seller's Agent in 2016

    Nancy Nishball

    Ivy Realty LLC

    (203) 606-4580

    8 Total Sales

    Nancy Nishball
    Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170616452

SmartMLS

APN: NHVN-000249-000456-000618

Connecticut New Haven County New Haven 06511 Prospect Hill

500 Prospect St Unit 3D, New Haven, CT

This home is located at 500 Prospect St Unit 3D, New Haven, CT 06511 since 02 January 2024 and is currently estimated at $456,855, approximately $360 per square foot. This property was built in 1988. 500 Prospect St Unit 3D is a home located in New Haven County with nearby schools including Highville Charter School, The Foote School, and St Thomas's Day School.

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