NOT LISTED FOR SALE

55 Sherman Ave New Haven, CT 06511

West River Neighborhood

Estimated Value: $674,000 - $676,000

8 Beds
4 Baths
4,976 Sq Ft
$136/Sq Ft Est. Value

Sale Details

Date Sold: December 16, 2025

Last sale price $665,000 $134 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,639 / mo

60 Days on Market

Highlights

  • Property is near public transit and shops
  • Public Transportation
  • Level Lot
  • Attic
  • Hot Water Heating System
  • 5-minute walk to Orchard Gilbert Neighborhood Park

About This Home

As of December 2025

Fully rented 4-unit investment property located within walking distance from Yale New Haven Hospital and St. Raphael's Campus. Each unit offers 2 bedrooms, 1 bath, living room, dining room, and an eat-in kitchen. Separate utilities for each unit. Unfinished basement provides extra storage space. Off-street parking and convenient access to highways and downtown New Haven. Strong market rental income in an in demand location denoted don't miss this turnkey opportunity!

Last Agent to Sell the Property

Eric Schuell

RE/MAX Right Choice Brokerage Phone: (203) 988-7418 License #RES.0766153 Listed on: 10/03/2025

RE/MAX Right Choice

Last Buyer's Agent

Darrell Hardy

Coldwell Banker Realty License #RES.0780138

Coldwell Banker Realty

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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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,142

Year Built

  • Built in 1925

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Parking

  • 4 Parking Spaces

Home Design

  • 4,976 Sq Ft Home
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Attic

  • Storage In Attic
  • Walkup Attic

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Location

  • Property is near public transit and shops

Schools

  • Barnard Elementary School
  • Hill Regional High School

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Community Details

  • 4 Units
  • Public Transportation
  • Gross Income $74,100

Listing and Financial Details

  • Assessor Parcel Number 1255022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,142

Year Built

Built in 1925

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors, 4updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 4976
  • Total Sq Ft: 4976
  • Year Built: 1925
  • New Construction: No/Resale
  • Nearby Amenities: Medical Facilities, Park, Public Transportation, Shopping/Mall
  • Property Sub Type: 4 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Directions: Ella T Grasso Blvd then turn left onto Legion Ave then left onto Sherman Ave
  • Financing Used: Conventional Fixed
  • Street Type: Avenue
  • Office Attribution Contact: (203) 877-0618
  • Reserve Prospect: No
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Attic Description: Storage Space, Walk-up
  • Basement Description: Full, Unfinished, Storage
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: Yes

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 4
  • Garage And Parking: None, Off Street Parking

Utilities

  • Cooling System: Window Unit
  • Heat Type: Hot Water
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas, Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.11
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: RM2
  • Parcel #: 1255022

Multi Family

  • Gross Annual Income: 74100
  • Total Number Of Units: 4

Tax Info

  • Tax Year: July 2025-June 2026
  • Property Tax: 11142

MLS Schools

  • Elementary School: Barnard
  • Middle Jr High School: Per Board of Ed
  • High School: Hill Regional

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
Oct 3, 2025
Closed on
Dec 16, 2025
Sold by
Bought by
Seller's Agent
Eric Schuell
RE/MAX Right Choice
Buyer's Agent
Darrell Hardy
Coldwell Banker Realty
List Price
$649,900
Sold Price
$665,000
Premium/Discount to List
$15,100
2.32%
Views
71
Current Estimated Value
$675,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,000
Avg. Annual Appreciation
2.25%
Original Mortgage
$652,955
Outstanding Balance
$648,932
Interest Rate
6.26%
Mortgage Type
New Conventional
Estimated Equity
$26,068

Purchase Details

Closed on
Apr 30, 2007
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
$32,990
Interest Rate
5.95%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in West River, CT

  • Victoria Stillings Real Estate Agent - Coldwell Banker Realty

    Victoria Stillings

    Coldwell Banker Realty

    (475) 234-4175

    115 Total Sales

    1 in West River

    $300,000 Price

    Victoria Stillings
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  • Danny Hernandez Real Estate Agent - CLMA Realty

    Danny Hernandez

    CLMA Realty

    (860) 846-4427

    77 Total Sales

    2 in West River

    $248K - $410K Price Range

    Danny Hernandez
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  • Susan Cassidy Real Estate Agent - Coldwell Banker Realty

    Susan Cassidy

    Coldwell Banker Realty

    (475) 476-2101

    77 Total Sales

    1 in West River

    $590,000 Price

    Susan Cassidy
     Section Image
  • Marie Matta-Isona Real Estate Agent - iVision Real Estate

    Marie Matta-Isona

    iVision Real Estate

    (475) 267-4099

    47 Total Sales

    1 in West River

    $130,000 Price

    Marie Matta-Isona
     Section Image
  • Carole Bernier Real Estate Agent - Total Realty Services LLC

    Carole Bernier

    Total Realty Services LLC

    (475) 267-1734

    27 Total Sales

    1 in West River

    $215,000 Price

    Carole Bernier
     Section Image
  • Clifton Green Real Estate Agent - Coldwell Banker Realty

    Clifton Green

    Coldwell Banker Realty

    (475) 267-4054

    53 Total Sales

    2 in West River

    $400K - $465K Price Range

    Clifton Green
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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
$665,000 --
$329,900 --
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 $652,955
Closed $431,000
Previous Owner $252,500
Previous Owner $32,990
Previous Owner $101,000
Previous Owner $18,000
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
12/16/2025 12/16/25 Sold $665,000 +2.3% $134 / Sq Ft
12/02/2025 12/02/25 Pending -- -- --
10/03/2025 10/03/25 For Sale $649,900 0.0% $131 / Sq Ft
06/04/2024 06/04/24 Rented $1,725 -4.2% --
04/09/2024 04/09/24 Price Changed $1,800 -10.0% $2 / Sq Ft
02/26/2024 02/26/24 Price Changed $2,000 -9.1% $2 / Sq Ft
02/16/2024 02/16/24 For Rent $2,200 -- --
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 $11,142 $282,800 $36,330 $246,470
2024 $10,888 $282,800 $36,330 $246,470
2023 $10,520 $282,800 $36,330 $246,470
2022 $11,241 $282,800 $36,330 $246,470
2021 $7,040 $160,440 $31,990 $128,450
2020 $7,040 $160,440 $31,990 $128,450
2019 $6,896 $160,440 $31,990 $128,450
2018 $6,896 $160,440 $31,990 $128,450
2017 $6,206 $160,440 $31,990 $128,450
2016 $4,401 $105,910 $11,620 $94,290
2015 $4,401 $105,910 $11,620 $94,290
2014 $4,401 $105,910 $11,620 $94,290
Source: Public Records

Agents Affiliated with this Home

  • Eric Schuell Real Estate Agent - RE/MAX

    Seller's Agent in 2025

    Eric Schuell

    RE/MAX

    (203) 877-0618

    1 in this area

    171 Total Sales

    Eric Schuell
    Section Image
  • Darrell Hardy Real Estate Agent - Coldwell Banker Realty

    Buyer's Agent in 2025

    Darrell Hardy

    Coldwell Banker Realty

    (203) 589-1434

    3 in this area

    75 Total Sales

    Darrell Hardy
    Section Image
  • janet colello Real Estate Agent - Century 21 AllPoints Realty

    Seller's Agent in 2024

    janet colello

    Century 21 AllPoints Realty

    (203) 671-9749

    36 Total Sales

    janet colello
    Section Image

  • S

    Buyer's Agent in 2024

    Shamon Clark

    Berkshire Hathaway Home Services

    (203) 877-2704

    5 Total Sales

    Shamon Clark
    Section Image
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Map

Source: SmartMLS

MLS Number: 24126250

SmartMLS

APN: NHVN-000314-001279-000400

Connecticut New Haven County New Haven 06511 West River

55 Sherman Ave, New Haven, CT

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.

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