NOT LISTED FOR SALE

561 Middletown Ave New Haven, CT 06513

Quinnipiac Meadows Neighborhood

Estimated Value: $351,758 - $475,000

4 Beds
4 Baths
2,236 Sq Ft
$191/Sq Ft Est. Value

Last Sold December 07, 2021

Last sale price $269,000 $120 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,743/month

7 Days on Market

Highlights

  • No HOA
  • 60+ Gallon Tank
  • Level Lot
  • Baseboard Heating

About This Home

As of December 2021

Great investment opportunity close to route 80 & I 91. First floor unit features eat in kitchen, nicely sized living space, full bath, and two very large bedrooms. Second floor unit features eat in kitchen, nicely sized living space, full bath, and two very large bedrooms. Both units are currently occupied by month-to-month tenants paying below market rents. Basement features laundry hook ups and extra storage. Property features abundant off-street parking and low maintenance exterior. Built in 1973, the property is newer than the majority of New Haven housing stock. Duplex presents an opportunity to enter, and achieve instant upside in New Haven's hot rental market

Last Agent to Sell the Property

Matthew Hughes

Farm River Property Mgmnt LLC License #REB.0792919 Listed on: 10/20/2021

Last Buyer's Agent

Viagnehy LIma

William Raveis Real Estate License #RES.0820035

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,558

Year Built

  • Built in 1973

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot

Parking

  • Off-Street Parking

Home Design

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

Interior Spaces

  • 2,236 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Baseboard Heating
  • 60+ Gallon Tank

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $21,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,558

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2236
  • Public Record Living Room Sq Ft: 2236
  • Total Sq Ft: 2236
  • Year Built: 1973
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 3386
  • Directions: Middletown Ave
  • Special Features: None

Interior Features

  • Basement Description: Full
  • Laundry Room Location: Basement hookups
  • Attic: No

Exterior Features

  • Exterior Siding: Aluminum
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: 80 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.1400
  • Lot Description: Level Lot
  • Zoning: RM1

Multi Family

  • Gross Annual Income: 21600
  • Unit Count: 2
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 4558
  • Mil Rate Base: 43.880
  • Assessor Parcel Number: 1241519

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 26, 2007
Sold by
Pace Robert and Schettino David
Bought by
Drivas George
Current Estimated Value
$426,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,200
Interest Rate
6.33%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Drivas George $256,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drivas George $192,000
Closed Drivas George $205,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2021 12/07/21 Sold $269,000 0.0% $120 / Sq Ft
10/27/2021 10/27/21 Pending -- -- --
10/20/2021 10/20/21 For Sale $269,000 -- $120 / 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 $5,963 $151,340 $39,060 $112,280
2024 $5,827 $151,340 $39,060 $112,280
2023 $5,630 $151,340 $39,060 $112,280
2022 $6,016 $151,340 $39,060 $112,280
2021 $4,558 $103,880 $26,810 $77,070
2020 $4,558 $103,880 $26,810 $77,070
2019 $4,465 $103,880 $26,810 $77,070
2018 $4,465 $103,880 $26,810 $77,070
2017 $4,018 $103,880 $26,810 $77,070
2016 $3,979 $95,760 $26,810 $68,950
2015 $3,979 $95,760 $26,810 $68,950
2014 $3,979 $95,760 $26,810 $68,950
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Matthew Hughes

    Farm River Property Mgmnt LLC

    Section Image

  • V

    Buyer's Agent in 2021

    Viagnehy LIma

    William Raveis Real Estate

    (203) 980-6664

    1 in this area

    7 Total Sales

    Viagnehy LIma
    Section Image
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Map

Source: SmartMLS

MLS Number: 170446678

SmartMLS

APN: NHVN-000142-001059-000200

Connecticut New Haven County New Haven 06513 Quinnipiac Meadows

561 Middletown Ave, New Haven, CT

Not Listed for Sale

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