NOT LISTED FOR SALE

Estimated Value: $390,294 - $534,000

6 Beds
2 Baths
2,768 Sq Ft
$171/Sq Ft Est. Value

Last Sold April 24, 2023

Last sale price $419,000 $151 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,318/month

5 Days on Market

Highlights

  • Deck
  • No HOA
  • 2 Car Detached Garage
  • Attic
  • Walking Distance to Water
  • Porch

About This Home

As of April 2023

Investors take notice!!! This money-making multi has two large apartments with three generously sized bedrooms, an eat-in kitchen, and a large family room for those fun family Movie Nights. Each apartment has its own furnace, water heater, and washer & dryer, as well as a designated storage area in the basement for each unit. The location couldn't be better, minutes to downtown New Haven where you can enjoy the Theatres, restaurants, shops, and coffee houses. Walk to the sea wall and watch the waves splash against the rocks, hike to Fort Hale for a picnic or stroll down to Lighthouse Park for a fun day riding the Carousel or just relaxing on the beach.

Last Agent to Sell the Property

Lisa Daniele

William Raveis Real Estate License #RES.0806911 Listed on: 02/17/2023

William Raveis Real Estate

Last Buyer's Agent

Ana Pena

William Raveis Real Estate License #RES.0771917

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,389

Year Built

  • Built in 1960

Lot Details

  • 6,970 Sq Ft Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 2,768 Sq Ft Home
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 2 Car Detached Garage
  • Parking Deck
  • Private Driveway

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Porch

Location

  • Flood Zone Lot
  • Property is near shops
  • Property is near a bus stop

Utilities

  • Central Air
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Oil Water Heater
  • Fuel Tank Located in Basement

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $38,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,389

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Neighborhood: Morris Cove
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2768
  • Public Record Living Room Sq Ft: 2768
  • Total Sq Ft: 2768
  • Year Built: 1960
  • Nearby Amenities: Health Club, Library, Medical Facilities, Playground/Tot Lot, Private School(s), Public Rec Facilities, Shopping/Mall, Walk to Bus Lines
  • Remarks Public Addendum: The owner has kept the dilapidated garage in place because the structure sits on the property line. If one wants to rebuild it they will have to keep one wall.
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 4440
  • Directions: Townsend Ave, to Kirkham Street, to Concord.
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Laundry Room Location: Basement - 1 set for each tenant
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: Yes
  • Street Number Modifier: 66

Exterior Features

  • Exterior Features: Deck, Porch
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2
  • Driveway Type: Private
  • Total Parking Spaces: 6

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil, Propane
  • Fuel Tank Location: In Basement
  • Hot Water Description: Natural Gas, Oil
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Sewer Usage Fee Annual: 408

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Energy Features: Storm Doors, Storm Windows

Lot Info

  • Acres: 0.1600
  • Lot Description: Level Lot
  • Elevation Certificate: No
  • Flood Zone: Yes
  • Zoning: RS2

Multi Family

  • Gross Annual Income: 38400
  • Net Operating Income: 23392
  • Unit Count: 2
  • Total Multi Family: 12
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 8389
  • Total Assessed Value: 211050
  • Mil Rate Base: 39.750
  • Mil Rate Total: 39.750
  • Assessor Parcel Number: 1236081

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2023
Closed on
Apr 25, 2023
Sold by
Brandt David G and Brandt Kathryn S
Bought by
Lema Fernando C
Seller's Agent
Lisa Daniele
William Raveis Real Estate
Buyer's Agent
Ana Pena
William Raveis Real Estate
List Price
$425,000
Sold Price
$419,000
Premium/Discount to List
-$6,000
-1.41%
Total Days on Market
5
Views
133
Current Estimated Value
$472,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,824
Avg. Annual Appreciation
5.78%
Original Mortgage
$326,250
Outstanding Balance
$318,521
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$154,303

Purchase Details

Closed on
Jul 5, 2019
Sold by
Brandt Kathryn
Bought by
Brandt Kathryn S and Brandt David G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2010
Sold by
Benvenuti Catherine
Bought by
Brandt Kathryn
Source: Public Records

Range of Values:

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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
Lema Fernando C $435,000 None Available
Brandt Kathryn S -- --
Brandt Kathryn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lema Fernando C $326,250
Previous Owner Brandt Kathryn S $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2023 04/24/23 Sold $419,000 -1.4% $151 / Sq Ft
02/22/2023 02/22/23 Pending -- -- --
02/17/2023 02/17/23 For Sale $425,000 0.0% $154 / Sq Ft
10/09/2020 10/09/20 Rented $1,550 +3.3% --
09/15/2020 09/15/20 Price Changed $1,500 -3.2% $1 / Sq Ft
05/01/2020 05/01/20 For Rent $1,550 -- --
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
2024 $8,125 $211,050 $64,190 $146,860
2023 $7,851 $211,050 $64,190 $146,860
2022 $8,389 $211,050 $64,190 $146,860
2021 $6,794 $154,840 $41,720 $113,120
2020 $6,794 $154,840 $41,720 $113,120
2019 $6,655 $154,840 $41,720 $113,120
2018 $6,655 $154,840 $41,720 $113,120
2017 $5,989 $154,840 $41,720 $113,120
2016 $5,864 $141,120 $40,810 $100,310
2015 $5,864 $141,120 $40,810 $100,310
2014 $5,864 $141,120 $40,810 $100,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170550415

SmartMLS

APN: NHVN-000032-000878-000300