551 Winthrop Ave New Haven, CT 06511
Beaver Hills Neighborhood
6
Beds
3
Baths
2,844
Sq Ft
4,792
Sq Ft Lot
Highlights
- City View
- No HOA
- Baseboard Heating
About This Home
As of September 2019Come take a look at this money maker today! Property consist of 3- 2 bedroom units, with great rents in place. his property has been well maintained and offers tremendous cash flow for investors. Wether you are starting a portfolio or already have one. You can't go wrong with adding this one to it. On purchase this property is making a 10.35% Cap rate.
Last Agent to Sell the Property
Farnam Realty Group License #REB.0790307 Listed on: 06/29/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,764
Year Built
- Built in 1920
Lot Details
- 4,792 Sq Ft Lot
Parking
- Off-Street Parking
Home Design
- Block Foundation
- Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 2,844 Sq Ft Home
- City Views
- Unfinished Basement
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Utilities
- Window Unit Cooling System
- Baseboard Heating
- Heating System Uses Natural Gas
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Gross Income $40,500
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 29, 2019
Closed on
Sep 11, 2019
Sold by
C Jenney Properties Llc
Bought by
New Haven Re Mgmt Llc
Seller's Agent
Carol Horsford
Farnam Realty Group
Buyer's Agent
Jorge Gil
Ki Property Group
List Price
$269,000
Sold Price
$244,000
Premium/Discount to List
-$25,000
-9.29%
Total Days on Market
79
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,438
Avg. Annual Appreciation
10.72%
Original Mortgage
$183,000
Outstanding Balance
$161,999
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$274,439
Purchase Details
Closed on
Mar 14, 2011
Sold by
G & H Invest Llc
Bought by
C Jenney Props Llc
Purchase Details
Closed on
Feb 9, 2010
Sold by
Taylor Bean and Taylor Whitaker C
Bought by
G & H Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,336
Interest Rate
12%
Purchase Details
Closed on
Sep 19, 2005
Sold by
Daniel Dev Llc
Bought by
Jones Jacqueline
Purchase Details
Closed on
Dec 8, 2004
Sold by
Morris Bruce V and Morris Anthony E
Bought by
Daniel Dev Llc
Similar Homes in New Haven, CT
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $244,000 | -- | |
| Warranty Deed | $142,500 | -- | |
| Warranty Deed | $92,000 | -- | |
| Warranty Deed | $277,000 | -- | |
| Warranty Deed | $120,000 | -- | |
| Not Resolvable | $65,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $183,000 | Purchase Money Mortgage | |
| Previous Owner | $438,750 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $74,336 | No Value Available | |
| Previous Owner | $272,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/21/2023 03/21/23 | Rented | $1,200 | 0.0% | -- |
| 03/14/2023 03/14/23 | For Rent | $1,200 | 0.0% | -- |
| 09/16/2019 09/16/19 | Sold | $244,000 | -2.4% | $86 / Sq Ft |
| 09/16/2019 09/16/19 | Pending | -- | -- | -- |
| 07/09/2019 07/09/19 | Price Changed | $250,000 | -7.1% | $88 / Sq Ft |
| 06/29/2019 06/29/19 | For Sale | $269,000 | -- | $95 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $8,465 | $219,870 | $47,180 | $172,690 |
| 2023 | $8,179 | $219,870 | $47,180 | $172,690 |
| 2022 | $8,740 | $219,870 | $47,180 | $172,690 |
| 2021 | $5,885 | $134,120 | $40,670 | $93,450 |
| 2020 | $5,885 | $134,120 | $40,670 | $93,450 |
| 2019 | $5,764 | $134,120 | $40,670 | $93,450 |
| 2018 | $5,764 | $134,120 | $40,670 | $93,450 |
| 2017 | $5,188 | $134,120 | $40,670 | $93,450 |
| 2016 | $3,598 | $86,590 | $11,620 | $74,970 |
| 2015 | $3,598 | $86,590 | $11,620 | $74,970 |
| 2014 | $3,598 | $86,590 | $11,620 | $74,970 |
Source: Public Records
Agents Affiliated with this Home
-
Alvaro Tomas Baptista
Seller's Agent in 2023
Alvaro Tomas Baptista
Ki Property Group
(203) 668-2124
40 Total Sales
-
Carol Horsford
Seller's Agent in 2019
Carol Horsford
Farnam Realty Group
(203) 671-1961
1 in this area
34 Total Sales
-
Jorge Gil
Buyer's Agent in 2019
Jorge Gil
Ki Property Group
(203) 809-9600
14 Total Sales
Map
Source: SmartMLS
MLS Number: 170211585
APN: NHVN-000332-000304-000500
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.
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
- 55 Carmel St
- 341 Ellsworth Ave
- 396 Whalley Ave
- 286 Sherman Ave
- 727 Elm St
- 135 County St
- 467 Whalley Ave Unit L
- 471 Whalley Ave Unit B
- 666 Orchard St
- 40 Bellevue Rd
- 78 Dickerman St
- 135 Bellevue Rd
- 140 Henry St
- 865 Elm St
- 868 Elm St
- 179 Maple St
- 890 Elm St
- 358 Edgewood Ave
- 22 Whittlesey Ave
- 269 Dixwell Ave