NOT LISTED FOR SALE

Estimated Value: $397,932 - $531,000

4 Beds
2 Baths
3,567 Sq Ft
$135/Sq Ft Est. Value

Last Sold November 03, 2021

Last sale price $317,000 $89 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,264/month

64 Days on Market

Highlights

  • Outdoor Pool
  • Attic
  • 3 Car Detached Garage
  • Finished Attic
  • No HOA
  • 1-minute walk to Orchard Gilbert Neighborhood Park

About This Home

As of November 2021

Amazing opportunity to own huge two family home located steps from Yale New Haven Hospital and a short walk to Downtown New Haven. This building is versatile and could work well for Investors or as an owner occupied property with additional income to help with the mortgage. The first floor apartment has a great 5 room layout with 3 bedrooms and 1 bath. The apartment has been updated and features large living room with laminate floors and nice natural light. Large remodeled eat in kitchen with newer appliances, subway tile backsplash and laminate counters. The apartment has three bedrooms two with vinyl floors and one with hardwood floors and nice remodeled bath. The second level of the property features a similar 5 room layout with newly remodeled kitchen and beautiful tile bath. The building has a large 840 SQ FT third floor with two additional carpeted bedroom and additional living space. The owners had plans to try and covert the third floor into separate apartment, but was not able to find the time to do so. The third floor could be combined to second floor to create an enormous 2200 sq ft apartment with 4 bedroom on two levels. The building has gas heat, large parking lot and three car garage. This one will not last.

Last Agent to Sell the Property

Jack Hill

Seabury Hill REALTORS License #REB.0793405 Listed on: 08/03/2021

Last Buyer's Agent

Paul Magliochetti

Coldwell Banker Realty License #REB.0794193

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,873

Year Built

  • Built in 1890

Lot Details

  • 5,663 Sq Ft Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 3,567 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Finished Attic

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 3 Car Detached Garage
  • Parking Lot

Additional Features

  • Outdoor Pool
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,873

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 3567
  • Public Record Living Room Sq Ft: 3567
  • Total Sq Ft: 3567
  • Year Built: 1890
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 5694
  • Tax Year Updated Dt: 08/09/2021
  • Directions: Orchard Street to Gilbert Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Finished
  • Basement Description: Full, Unfinished
  • Attic: Yes
  • Street Number Modifier: 7

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: Yes
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage, Parking Lot
  • Garages Number: 3

Utilities

  • Heat Type: Hot Air
  • 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: 0.1300
  • Lot Description: Level Lot
  • Zoning: RM2

Multi Family

  • Unit Count: 2
  • Total Multi Family: 10
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 5873
  • Total Assessed Value: 133840
  • Mil Rate Base: 43.880
  • Mil Rate Total: 43.880
  • Assessor Parcel Number: 1255165

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
Aug 3, 2021
Closed on
Nov 1, 2021
Sold by
7-9 Gilbert Llc
Bought by
Kangrui Investments Inc
Seller's Agent
Jack Hill
Seabury Hill REALTORS
Buyer's Agent
Paul Magliochetti
Coldwell Banker Realty
List Price
$319,900
Sold Price
$317,000
Premium/Discount to List
-$2,900
-0.91%
Total Days on Market
64
Current Estimated Value
$480,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,733
Avg. Annual Appreciation
12.30%
Original Mortgage
$190,000
Outstanding Balance
$175,679
Interest Rate
2.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$305,054

Purchase Details

Closed on
Jan 18, 2021
Sold by
Serling Robert C
Bought by
7-9 Gilbert Llc

Purchase Details

Listed on
Jun 22, 2020
Closed on
Aug 19, 2020
Sold by
Gilbert Avenue Llc
Bought by
Serling Robert C
Seller's Agent
Matthew Hughes
Farm River Property Mgmnt LLC
Buyer's Agent
Joshua Young
Berkshire Hathaway NE Prop.
List Price
$269,000
Sold Price
$237,000
Premium/Discount to List
-$32,000
-11.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.98%
Original Mortgage
$177,750
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2016
Sold by
Jiangs Holdings Llc
Bought by
Gilbert Avenue Llc

Purchase Details

Closed on
Feb 9, 2015
Sold by
Jiang Weiguo and Zhang Yanwen
Bought by
Jaings Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 11, 2011
Closed on
Dec 26, 2012
Sold by
Wilson Kofi W and Arroyo Samantha L
Bought by
Zhang Yanwen and Jiang Weiguo
List Price
$175,000
Sold Price
$150,000
Premium/Discount to List
-$25,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.79%

Purchase Details

Closed on
Aug 11, 2008
Sold by
Vsv Properties
Bought by
Wilson Kofi and Arroyo Samantha
Source: Public Records

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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
Kangrui Investments Inc $317,000 None Available
Kangrui Investments Inc $317,000 None Available
7-9 Gilbert Llc -- None Available
7-9 Gilbert Llc -- None Available
Serling Robert C $237,000 None Available
Serling Robert C $237,000 None Available
Gilbert Avenue Llc -- --
Gilbert Avenue Llc -- --
Jaings Holdings Llc -- --
Jaings Holdings Llc -- --
Zhang Yanwen $161,000 --
Zhang Yanwen $161,000 --
Wilson Kofi $275,000 --
Wilson Kofi $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kangrui Investments Inc $190,000
Closed Kangrui Investments Inc $190,000
Previous Owner Serling Robert C $177,750
Previous Owner Mcbride Mathis $294,000
Previous Owner Mcbride Mathis $168,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2021 11/03/21 Sold $317,000 -0.9% $89 / Sq Ft
10/06/2021 10/06/21 Pending -- -- --
08/03/2021 08/03/21 For Sale $319,900 +35.0% $90 / Sq Ft
09/01/2020 09/01/20 Sold $237,000 -11.9% $66 / Sq Ft
08/23/2020 08/23/20 Pending -- -- --
06/22/2020 06/22/20 For Sale $269,000 +79.3% $75 / Sq Ft
12/21/2012 12/21/12 Sold $150,000 -14.3% $45 / Sq Ft
06/11/2012 06/11/12 Pending -- -- --
10/11/2011 10/11/11 For Sale $175,000 -- $52 / 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
2024 $8,554 $222,180 $36,890 $185,290
2023 $7,893 $212,170 $36,890 $175,280
2022 $8,434 $212,170 $36,890 $175,280
2021 $5,873 $133,840 $32,480 $101,360
2020 $5,873 $133,840 $32,480 $101,360
2019 $5,752 $133,840 $32,480 $101,360
2018 $5,752 $133,840 $32,480 $101,360
2017 $5,177 $133,840 $32,480 $101,360
2016 $3,938 $94,780 $11,830 $82,950
2015 $3,938 $94,780 $11,830 $82,950
2014 $3,938 $94,780 $11,830 $82,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170425818

SmartMLS

APN: NHVN-000315-001291-001400