621 Elm St New Haven, CT 06511
Dwight Neighborhood
7
Beds
3
Baths
3,320
Sq Ft
6,534
Sq Ft Lot
Highlights
- Property is near public transit
- Enclosed patio or porch
- Level Lot
- Attic
- Public Transportation
About This Home
As of March 2025Exceptional Investment Opportunity in Prime Elm St. Location! This 3-unit property offers incredible potential for investors or owner-occupants looking to generate steady income. Spanning 3,200 SF, the building includes 3, 2-bedroom/1-bath units, ready with two of them ready to achieve market rents of $1,500+ per month. With tenant-paid utilities and no arrears, this asset is a great opportunity to add to your portfolio. Additional features include wood flooring, oak kitchen cabinets, tiled kitchens and baths, and off-street parking. Located in the highly desirable Dwight Street Historic District, this property benefits from proximity to Pierson College, local shops, and other amenities, ensuring high rental demand. Recent comparable sales in the area, such as 85 Beers St. and 669 Elm St., support the value of this investment. Don't miss your chance to secure this income-generating asset in a sought-after location! AGENTS: Please refer to Agent-to-Agent remarks for additional details.
Last Agent to Sell the Property
Century 21 AllPoints Realty License #REB.0789668 Listed on: 01/25/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,810
Year Built
- Built in 1918
Lot Details
- 6,534 Sq Ft Lot
- Level Lot
Home Design
- Concrete Foundation
- Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 3,320 Sq Ft Home
- Basement Fills Entire Space Under The House
- Attic or Crawl Hatchway Insulated
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Full Bathrooms
Outdoor Features
- Enclosed patio or porch
- Exterior Lighting
- Rain Gutters
Location
- Property is near public transit
- Property is near shops
- Property is near a bus stop
Utilities
- Heating System Uses Natural Gas
Community Details
- 3 Units
- Public Transportation
Listing and Financial Details
- Assessor Parcel Number 1255661
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 25, 2025
Closed on
Feb 26, 2025
Sold by
Atlantic Bay 2 Llc
Bought by
621 Elm Llc
Seller's Agent
Lisa Cozzi
Century 21 AllPoints Realty
Buyer's Agent
Chantal Lallier
Century 21 AllPoints Realty
List Price
$465,000
Sold Price
$450,000
Premium/Discount to List
-$15,000
-3.23%
Views
71
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
-$83
Avg. Annual Appreciation
-0.06%
Purchase Details
Closed on
Dec 18, 2024
Sold by
Ocean 60 Llc
Bought by
Atlantic Bay 2 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,040,000
Interest Rate
6.84%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Listed on
Apr 11, 2016
Closed on
Apr 12, 2016
Sold by
Candelora Ronald J
Bought by
Shadmit Holdings Llc
Seller's Agent
David Candelora
Prime Management, LLC
Buyer's Agent
Michelle Mateo
Kaerus Property Group, LLC
List Price
$199,000
Sold Price
$157,500
Premium/Discount to List
-$41,500
-20.85%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.13%
Purchase Details
Closed on
Aug 22, 2003
Sold by
Watkins James L
Bought by
Candelora Ronald J
Purchase Details
Closed on
Feb 28, 2003
Sold by
621 Elm St Llc
Bought by
Watkins James L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,300
Interest Rate
5.98%
Purchase Details
Closed on
Dec 28, 1992
Sold by
Burger E Peter and Burger Susan E
Bought by
Candelora Ronald I
Similar Homes in New Haven, CT
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $450,000 | None Available | |
| Warranty Deed | $450,000 | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $157,500 | -- | |
| Warranty Deed | $157,500 | -- | |
| Warranty Deed | $165,000 | -- | |
| Warranty Deed | $165,000 | -- | |
| Warranty Deed | $139,000 | -- | |
| Warranty Deed | $139,000 | -- | |
| Warranty Deed | $174,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $2,040,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $177,000 | No Value Available | |
| Previous Owner | $97,300 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/05/2025 03/05/25 | Sold | $450,000 | -3.2% | $136 / Sq Ft |
| 01/25/2025 01/25/25 | For Sale | $465,000 | +195.2% | $140 / Sq Ft |
| 04/29/2016 04/29/16 | Sold | $157,500 | -20.9% | $47 / Sq Ft |
| 04/13/2016 04/13/16 | Pending | -- | -- | -- |
| 04/11/2016 04/11/16 | For Sale | $199,000 | -- | $60 / 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 | $7,810 | $202,860 | $37,450 | $165,410 |
| 2023 | $7,546 | $202,860 | $37,450 | $165,410 |
| 2022 | $8,064 | $202,860 | $37,450 | $165,410 |
| 2021 | $5,329 | $121,450 | $14,980 | $106,470 |
| 2020 | $5,329 | $121,450 | $14,980 | $106,470 |
| 2019 | $5,220 | $121,450 | $14,980 | $106,470 |
| 2018 | $5,220 | $121,450 | $14,980 | $106,470 |
| 2017 | $4,698 | $121,450 | $14,980 | $106,470 |
| 2016 | $4,293 | $103,320 | $17,990 | $85,330 |
| 2015 | $4,293 | $103,320 | $17,990 | $85,330 |
| 2014 | $4,293 | $103,320 | $17,990 | $85,330 |
Source: Public Records
Agents Affiliated with this Home
-
Lisa Cozzi
Seller's Agent in 2025
Lisa Cozzi
Century 21 AllPoints Realty
(860) 508-2102
5 in this area
205 Total Sales
-
Chantal Lallier
Seller Co-Listing Agent in 2025
Chantal Lallier
Century 21 AllPoints Realty
(860) 729-4176
3 in this area
88 Total Sales
-
David Candelora
Seller's Agent in 2016
David Candelora
Prime Management, LLC
(203) 441-1111
1 in this area
48 Total Sales
-
Michelle Mateo
Buyer's Agent in 2016
Michelle Mateo
Kaerus Property Group, LLC
(203) 494-9861
1 in this area
66 Total Sales
Map
Source: SmartMLS
MLS Number: 24070596
APN: NHVN-000319-000281-002800
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