NOT LISTED FOR SALE

517 Winchester Ave New Haven, CT 06511

Prospect Hill Neighborhood

Estimated Value: $568,669 - $727,000

12 Beds
3 Baths
4,323 Sq Ft
$146/Sq Ft Est. Value

Last Sold December 01, 2023

Last sale price $505,000 $117 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,356/month

6 Days on Market

Highlights

  • City View
  • Baseboard Heating
  • 4-minute walk to Starr Street Community Farm

About This Home

As of December 2023

Welcome to 517 Winchester Ave! This 3 family offers Three massive 4 bedroom units, that have been updated in recent years. Apartments have newer bathrooms, newer kitchens with stainless steel appliances, newer painted apartments, and refinished hardwood floors. 2nd and 3rd floor have washer and dryer hook ups in unit. This property has a very attractive cap rate of 12%. Do not miss your chance to own this one, theres still a-lot of upside in the rents by bringing them to market value and completing other value add projects to the property! Highest and Best Due Saturday the 7th at 2pm.

Last Agent to Sell the Property

James Huffman

Farnam Realty Group License #RES.0800728 Listed on: 10/02/2023

Last Buyer's Agent

Jay Cusack

Executive Real Estate Inc. License #RES.0785249

Executive Real Estate Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,682

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 4,323 Sq Ft Home
  • City Views
  • Unfinished Basement

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

  • 3 Units
  • Gross Income $69,180

Listing and Financial Details

  • Assessor Parcel Number 1249404

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,682

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 4323
  • Total Sq Ft: 4323
  • Year Built: 1900
  • New Construction: No/Resale
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5980
  • Directions: GPS
  • Financing Used: Assumed Conventional
  • Living Area Sq Ft Per Public Record: 4323
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 12
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement Description: Unfinished
  • Attic: No
  • Street Number Modifier: 517

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Block
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Total Parking Spaces: 4
  • Garage And Parking: Off Street Parking

Utilities

  • Cooling System: None
  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: Non Applicable
  • Hot Water Description: 30 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

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

Lot Info

  • Acres: 0.11
  • Lot Description: City Views
  • Zoning: BA
  • Parcel #: 1249404

Multi Family

  • Gross Annual Income: 69180
  • Net Operating Income: 50808
  • Total Number Of Units: 3
  • Unit Count: 3

Tax Info

  • Property Tax: 10682
  • Total Assessed Value: 287140
  • 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

Closed on
Mar 28, 2025
Sold by
Mirra Jerry A and Mirra Luke J
Bought by
Mirra Llc
Current Estimated Value
$631,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$539,700
Outstanding Balance
$538,325
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$28,800

Purchase Details

Listed on
Oct 2, 2023
Closed on
Dec 1, 2023
Sold by
Mirra Jerry A and Mirra Luke J
Bought by
Mirra Jerry A and Mirra Luke J
Seller's Agent
James Huffman
Farnam Realty Group
Buyer's Agent
Jay Cusack
Executive Real Estate Inc.
List Price
$379,000
Sold Price
$505,000
Premium/Discount to List
$126,000
33.25%
Views
96

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.74%
Original Mortgage
$404,000
Interest Rate
7.76%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Oct 2, 2023
Closed on
Oct 23, 2023
Sold by
517 Winchester Ave Llc
Bought by
Mirra Jerry A and Mirra Luke J
Seller's Agent
James Huffman
Farnam Realty Group
Buyer's Agent
Jay Cusack
Executive Real Estate Inc.
List Price
$379,000
Sold Price
$505,000
Premium/Discount to List
$126,000
33.25%
Views
96

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,000
Interest Rate
7.76%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Oct 9, 2018
Closed on
Oct 22, 2018
Sold by
66 Read Street Llc
Bought by
517 Winchester Ave Llc
Seller's Agent
Carol Horsford
Farnam Realty Group
Buyer's Agent
Carol Horsford
Farnam Realty Group
List Price
$395,000
Sold Price
$320,000
Premium/Discount to List
-$75,000
-18.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.34%

Purchase Details

Listed on
Oct 24, 2014
Closed on
Feb 23, 2015
Sold by
Us Bank Na Tr
Bought by
Read Street Llc
Seller's Agent
Douglas Ledewitz
Pulse Realty LLC
Buyer's Agent
Douglas Ledewitz
Pulse Realty LLC
List Price
$139,900
Sold Price
$125,500
Premium/Discount to List
-$14,400
-10.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.96%

Purchase Details

Closed on
Oct 21, 2014
Sold by
Belcher Ebony and M & T Bank
Bought by
M & T Bank

Purchase Details

Closed on
Mar 10, 2009
Sold by
Fnma
Bought by
Belcher Ebony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,208
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 8, 2006
Sold by
Enjoy Realty Llc
Bought by
Hutchinson Ronald

Purchase Details

Closed on
May 11, 2005
Sold by
Connecticut Hsng Co Ll
Bought by
Sheikh Robina

Purchase Details

Closed on
Aug 15, 2003
Sold by
Two By Six Llc
Bought by
Conn Hsg Co Llc
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
Mirra Llc -- None Available
Mirra Jerry A -- None Available
Mirra Jerry A -- None Available
Mirra Jerry A $505,000 None Available
Mirra Jerry A $505,000 None Available
517 Winchester Ave Llc -- --
517 Winchester Ave Llc -- --
Read Street Llc $125,500 --
Read Street Llc $125,500 --
M & T Bank -- --
M & T Bank -- --
Belcher Ebony $100,000 --
Belcher Ebony $100,000 --
Hutchinson Ronald $310,000 --
Hutchinson Ronald $310,000 --
Sheikh Robina $250,000 --
Sheikh Robina $250,000 --
Conn Hsg Co Llc $50,000 --
Conn Hsg Co Llc $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mirra Llc $539,700
Previous Owner Mirra Jerry A $382,500
Previous Owner Mirra Jerry A $404,000
Previous Owner 12 Llc $133,208
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2023 12/01/23 Sold $505,000 +33.2% $117 / Sq Ft
10/08/2023 10/08/23 Pending -- -- --
10/02/2023 10/02/23 For Sale $379,000 +18.4% $88 / Sq Ft
10/22/2018 10/22/18 Sold $320,000 -19.0% $74 / Sq Ft
10/19/2018 10/19/18 For Sale $395,000 +23.4% $91 / Sq Ft
10/12/2018 10/12/18 Off Market $320,000 -- --
10/09/2018 10/09/18 For Sale $395,000 0.0% $91 / Sq Ft
08/15/2015 08/15/15 Rented $1,600 -5.9% --
08/15/2015 08/15/15 Under Contract -- -- --
05/28/2015 05/28/15 For Rent $1,700 0.0% --
02/18/2015 02/18/15 Sold $125,500 -10.3% $29 / Sq Ft
11/05/2014 11/05/14 Pending -- -- --
10/24/2014 10/24/14 For Sale $139,900 -- $32 / 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 $11,313 $287,140 $32,760 $254,380
2024 $11,055 $287,140 $32,760 $254,380
2023 $10,682 $287,140 $32,760 $254,380
2022 $11,414 $287,140 $32,760 $254,380
2021 $7,347 $167,440 $26,250 $141,190
2020 $7,347 $167,440 $26,250 $141,190
2019 $7,197 $167,440 $26,250 $141,190
2018 $7,197 $167,440 $26,250 $141,190
2017 $6,477 $167,440 $26,250 $141,190
2016 $3,647 $87,780 $11,690 $76,090
2015 $3,647 $87,780 $11,690 $76,090
2014 $3,647 $87,780 $11,690 $76,090
Source: Public Records

Agents Affiliated with this Home

  • James Huffman

    Seller's Agent in 2023

    James Huffman

    Farnam Realty Group

    (203) 671-2719

    3 in this area

    61 Total Sales

    James Huffman
    Section Image
  • Jay Cusack

    Buyer's Agent in 2023

    Jay Cusack

    Executive Real Estate

    (860) 883-5549

    2 in this area

    258 Total Sales

    Jay Cusack
    Section Image
  • Carol Horsford

    Seller's Agent in 2018

    Carol Horsford

    Farnam Realty Group

    (203) 671-1961

    2 in this area

    30 Total Sales

    Carol Horsford
    Section Image
  • Douglas Ledewitz

    Seller's Agent in 2015

    Douglas Ledewitz

    Pulse Realty LLC

    (203) 305-5282

    1 in this area

    174 Total Sales

    Douglas Ledewitz
    Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170601582

SmartMLS

APN: NHVN-000255-000434-000900

Connecticut New Haven County New Haven 06511 Prospect Hill

517 Winchester Ave, New Haven, CT

This home is located at 517 Winchester Ave, New Haven, CT 06511 since 02 October 2023 and is currently estimated at $631,167, approximately $146 per square foot. This property was built in 1900. 517 Winchester Ave is a home located in New Haven County with nearby schools including Hamden Hall Country Day 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