NOT LISTED FOR SALE

586 Orchard St New Haven, CT 06511

Dixwell Neighborhood

Estimated Value: $408,000 - $664,000

10 Beds
3 Baths
3,946 Sq Ft
$142/Sq Ft Est. Value

Last Sold January 13, 2021

Last sale price $350,000 $89 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,940/month

127 Days on Market

About This Home

As of January 2021

Great Investment Opportunity, This property offers an amazing rental income, All units are in Great Shape. Over 4000 sq FT of living space, Completely paved driveway with tons of parking space.

Last Agent to Sell the Property

Ana Pena

William Raveis Real Estate License #RES.0771917 Listed on: 07/20/2020

William Raveis Real Estate

Last Buyer's Agent

Amir Glenn

Houlihan Lawrence WD License #RES.0811129

Houlihan Lawrence WD

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,303

Year Built

  • Built in 1905

Lot Details

  • 10,019 Sq Ft Lot

Parking

  • Shared Driveway

Home Design

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

Interior Spaces

  • 3,946 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Heating System Uses Gas
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,303

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 3946
  • Public Record Living Room Sq Ft: 3946
  • Total Sq Ft: 3946
  • Year Built: 1905
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 5744
  • Directions: Whaley To Orchard Street..
  • Special Features: None

Interior Features

  • Total Bedrooms: 10
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Full
  • Attic: No
  • Street Number Modifier: 586

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Driveway
  • Driveway Type: Shared

Utilities

  • Heat Type: Gas on Gas
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.2300
  • Lot Description: N/A
  • Zoning: RM2

Multi Family

  • Unit Count: 3
  • Total Multi Family: 16
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 8303
  • Total Assessed Value: 189210
  • Mil Rate Base: 43.880
  • Mil Rate Total: 43.880
  • Assessor Parcel Number: 1255758

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
Jul 20, 2020
Closed on
Jan 6, 2021
Sold by
Pillco Jose M
Bought by
Lawrence Laroya
Seller's Agent
Ana Pena
William Raveis Real Estate
Buyer's Agent
Amir Glenn
Houlihan Lawrence WD
List Price
$359,900
Sold Price
$350,000
Premium/Discount to List
-$9,900
-2.75%
Current Estimated Value
$561,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,673
Avg. Annual Appreciation
7.14%
Original Mortgage
$356,425
Outstanding Balance
$319,510
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$159,591

Purchase Details

Closed on
May 12, 2020
Sold by
Fishman Kenneth and Fishman Stacy
Bought by
Pillco Jose M and Pillco Fedel

Purchase Details

Closed on
Apr 11, 2006
Sold by
Ct Dream Rlty Llc
Bought by
Fishman Kenneth and Fishman Stacy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,200
Interest Rate
6.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 2005
Sold by
Corbitt Dack
Bought by
Paradise Partners Llc

Purchase Details

Closed on
Mar 4, 1998
Sold by
Mcdaniel Samuel
Bought by
Corbitt Jack

Purchase Details

Closed on
Apr 6, 1993
Sold by
Citicorp Mtg Inc
Bought by
Mcdaniel Dorothy M and Mcdaniel Samuel

Purchase Details

Closed on
Aug 23, 1988
Sold by
Coleman Wallace A
Bought by
Byrd Mary L

Purchase Details

Closed on
Mar 25, 1988
Sold by
Mcdaniel Samuel
Bought by
Coleman Wallace A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lawrence Laroya $363,000 None Available
Pillco Jose M $236,000 None Available
Fishman Kenneth $394,000 --
Paradise Partners Llc $36,000 --
Paradise Partners Llc $36,000 --
Corbitt Jack $26,500 --
Mcdaniel Dorothy M $11,000 --
Byrd Mary L $225,000 --
Coleman Wallace A $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawrence Laroya $26,951
Closed Lawrence Laroya $18,355
Closed Lawrence Laroya $22,349
Closed Lawrence Laroya $7,150
Open Lawrence Laroya $356,425
Previous Owner Coleman Wallace A $286,000
Previous Owner Coleman Wallace A $315,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2021 01/13/21 Sold $350,000 -2.8% $89 / Sq Ft
11/24/2020 11/24/20 Pending -- -- --
07/20/2020 07/20/20 For Sale $359,900 -- $91 / 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 $10,061 $255,360 $35,560 $219,800
2024 $9,831 $255,360 $35,560 $219,800
2023 $9,499 $255,360 $35,560 $219,800
2022 $10,151 $255,360 $35,560 $219,800
2021 $8,303 $189,210 $28,420 $160,790
2020 $8,303 $189,210 $28,420 $160,790
2019 $8,132 $189,210 $28,420 $160,790
2018 $8,132 $189,210 $28,420 $160,790
2017 $7,319 $189,210 $28,420 $160,790
2016 $5,869 $141,260 $12,600 $128,660
2015 $5,869 $141,260 $12,600 $128,660
2014 $5,869 $141,260 $12,600 $128,660
Source: Public Records

Agents Affiliated with this Home

  • Ana Pena

    Seller's Agent in 2021

    Ana Pena

    William Raveis Real Estate

    (203) 509-0390

    2 in this area

    334 Total Sales

    Section Image
  • Amir Glenn

    Buyer's Agent in 2021

    Amir Glenn

    Houlihan Lawrence WD

    (203) 507-3457

    2 in this area

    22 Total Sales

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Map

Source: SmartMLS

MLS Number: 170318869

SmartMLS

APN: NHVN-000320-000300-002700

Connecticut New Haven County New Haven 06511 Dixwell

586 Orchard St, New Haven, CT

This home is located at 586 Orchard St, New Haven, CT 06511 since 20 July 2020 and is currently estimated at $561,673, approximately $142 per square foot. This property was built in 1905. 586 Orchard St is a home located in New Haven County with nearby schools including Amistad Academy, St Thomas's Day School, and Yeshiva Gedolah Rabbinical Inst.

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.

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