NOT LISTED FOR SALE

Estimated Value: $480,000 - $613,000

7 Beds
3 Baths
2,613 Sq Ft
$212/Sq Ft Est. Value

Last Sold December 28, 2023

Last sale price $470,000 $180 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,529/month

72 Days on Market

Highlights

  • Property is near public transit
  • Attic
  • Porch
  • Finished Attic
  • Thermal Windows
  • Storm Windows

About This Home

As of December 2023

Multi Family in popular Historic District in quiet City Point neighborhood. Well-maintained & fully leased this 3-family home is a desirable investment. Or make a few updates and make one apartment your own. Town records state built in 1920 but the historic district identifies it as built 1880. Some nice architectural details exist. Lovely curving stairway from entryway to 2nd & 3rd floor apartments. 3BRs first floor, LR, eat-in kitchen & bath. 2BR second floor, LR, bath, EIK. (Back door is 'closed' to what was previously a deck & could be rebuilt). 3rd floor 2BR bright apartment with eaves & skylight from the roofline in this top floor. Views get better as you go up! Updated through the years but ready for some new improvements in baths & kitchens. New Roof 2023. Heat included in rental price, with one oil-fired furnace with Nest thermostat system. Water included 3 separate electric water heaters. Tenants pay electric, cable/wifi, plus liability insurance policy. A stone's throw from LI Sound. The Pequonnock Yacht Club. Stroll to Shell & Bones Restaurant. Beach access to launch your kayak. Nearby 'Sound School' a New Haven magnet school. On the bus line, convenient to Yale Hospital and walkable to the train station! Find Rental Information uploaded with documents. Priced to sell so you can purchase your investment property in 2023!

Last Agent to Sell the Property

Wendy Weir

RE/MAX Right Choice License #REB.0756351 Listed on: 09/11/2023

RE/MAX Right Choice

Last Buyer's Agent

Alyson Heimer

Farnam Realty Group License #RES.0814234

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,052

Year Built

  • Built in 1920

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • Driveway

Home Design

  • Concrete Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding
  • Concrete Siding

Interior Spaces

  • 2,613 Sq Ft Home
  • Thermal Windows

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Attic

  • Walkup Attic
  • Finished Attic

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Laundry in Basement

Home Security

  • Smart Thermostat
  • Storm Windows

Outdoor Features

  • Rain Gutters
  • Porch

Location

  • Property is near public transit
  • Property is near a bus stop

Utilities

  • Zoned Heating
  • Heating System Uses Oil
  • Programmable Thermostat
  • Electric Water Heater
  • Fuel Tank Located in Basement

Listing and Financial Details

  • Assessor Parcel Number 1248071

Community Details

Overview

  • 3 Units

Amenities

  • Public Transportation
  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,052

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors, 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 2613
  • Total Sq Ft: 2613
  • Year Built: 1920
  • New Construction: No/Resale
  • Nearby Amenities: Medical Facilities, Park, Playground/Tot Lot, Public Transportation, Walk to Bus Lines
  • Remarks Public Addendum: Historic District regulations govern the exterior elements of houses in this area. Pleasant yard to share. Good off-street parking. Current Tenants' leases in place into 2024. Ask your agent for Rental Information uploaded with disclosures.
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Encumbrances Restrictions: Regulated Historic District
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 4261
  • Directions: Howard Ave to blinking light, left on Sea St to #54 on right
  • Financing Used: Withheld
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Attic Description: Walk-up, Finished, Heated
  • Basement Description: Full With Hatchway, Unfinished, Interior Access
  • Laundry Room Location: basement
  • Laundry Room Info: Coin Op Laundry
  • Attic: Yes
  • Home Automation: Thermostat(s)

Exterior Features

  • Exterior Features: Gutters, Porch, Sidewalk
  • Exterior Siding: Aluminum
  • Foundation Type: Concrete, Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: View Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame, Concrete

Garage/Parking

  • Driveway Type: Asphalt, Crushed Stone
  • Garage And Parking: Driveway, Off Street Parking

Utilities

  • Cooling System: None
  • Heat Type: Hot Air, Zoned
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: 50 Gallon Tank, Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Green Features

  • Energy Features: Programmable Thermostat, Storm Windows, Thermopane Windows

Lot Info

  • Acres: 0.11
  • Lot Description: Historic District Water View Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: RM1
  • Parcel #: 1248071

Multi Family

  • Total Number Of Units: 3
  • Unit Count: 6

Tax Info

  • Property Tax: 7052

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
Sep 11, 2023
Closed on
Dec 28, 2023
Sold by
Denatale Carol and Lloyd Michael P
Bought by
Mcdougal Robert A and Heimer Alison C
Seller's Agent
Wendy Weir
RE/MAX Right Choice
Buyer's Agent
Alyson Heimer
Farnam Realty Group
List Price
$515,000
Sold Price
$470,000
Premium/Discount to List
-$45,000
-8.74%
Views
119
Current Estimated Value
$552,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,804
Avg. Annual Appreciation
8.68%
Original Mortgage
$460,750
Outstanding Balance
$452,384
Interest Rate
7.29%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$100,420

Purchase Details

Closed on
Jul 5, 2006
Sold by
Epperson Jason
Bought by
Denatale Carol and Lloyd Michael

Purchase Details

Closed on
Oct 6, 1998
Sold by
Shepard Charles Rs and Moritz Derry A
Bought by
Garfi Salvatore F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mcdougal Robert A $485,000 None Available
Denatale Carol $264,000 --
Garfi Salvatore F $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdougal Robert A $460,750
Previous Owner Garfi Salvatore F $187,900
Previous Owner Garfi Salvatore F $186,100
Previous Owner Garfi Salvatore F $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2023 12/28/23 Sold $470,000 -5.1% $180 / Sq Ft
11/22/2023 11/22/23 Pending -- -- --
10/18/2023 10/18/23 Price Changed $495,000 -0.8% $189 / Sq Ft
09/25/2023 09/25/23 Price Changed $499,000 -3.1% $191 / Sq Ft
09/11/2023 09/11/23 For Sale $515,000 -- $197 / 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 $7,469 $189,560 $47,180 $142,380
2024 $7,298 $189,560 $47,180 $142,380
2023 $7,052 $189,560 $47,180 $142,380
2022 $7,535 $189,560 $47,180 $142,380
2021 $5,265 $119,980 $40,670 $79,310
2020 $5,265 $119,980 $40,670 $79,310
2019 $5,157 $119,980 $40,670 $79,310
2018 $5,157 $119,980 $40,670 $79,310
2017 $4,641 $119,980 $40,670 $79,310
2016 $4,034 $97,090 $33,390 $63,700
2015 $4,034 $97,090 $33,390 $63,700
2014 $4,034 $97,090 $33,390 $63,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170597170

SmartMLS

APN: NHVN-000232-000001-000700