NOT LISTED FOR SALE

770 State St New Haven, CT 06511

East Rock Neighborhood

Estimated Value: $1,193,933

5 Beds
5 Baths
4,928 Sq Ft
$242/Sq Ft Est. Value

Last Sold September 22, 2017

Last sale price $735,000 $149 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $7,921/month

37 Days on Market

About This Home

As of September 2017

This 5 unit building features large apartments with a commercial space on the first floor. Fully stabilized building that promises immediate and long-term increases in rental income. Both third-floor apartments feature a spacious 1-bedroom loft layout with tons of natural light. Second floor apartment is a huge 2 bedroom unit that takes up the entire floor. The first floor apartment is fully updated with granite and stainless steel appliances. First floor commercial space brings with it a tenant who has been in place for 20 years with 5 years to go on current lease! Come take a look at this property today before its gone!!

Last Agent to Sell the Property

Carol Horsford

Farnam Realty Group License #REB.0790307 Listed on: 08/07/2017

Co-Listed By

James Huffman

Farnam Realty Group License #RES.0800728

Last Buyer's Agent

Konstantinos Milas

Milas Realty Advisors License #REB.0794076

Milas Realty Advisors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,341

Year Built

  • Built in 1910

Lot Details

  • 2,614 Sq Ft Lot
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Stone Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 4,928 Sq Ft Home
  • Unfinished Basement
  • Basement Storage

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • Gross Income $70,620

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,341

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 4928
  • Public Record Living Room Sq Ft: 4928
  • Total Sq Ft: 4928
  • Year Built: 1910
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 7822
  • Directions: gps
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Basement Description: Unfinished, Storage
  • Laundry Room Location: Coin Operated In Basement
  • Attic: No
  • Street Number Modifier: 770

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: On Street Parking

Utilities

  • Heat Type: Hot Air
  • 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: 0.0600
  • Lot Description: Level Lot
  • Zoning: BA

Multi Family

  • Gross Annual Income: 70620
  • Net Operating Income: 51829
  • Unit Count: 5
  • Total Multi Family: 16
  • Total Num Of Units: 5

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 12341
  • Total Assessed Value: 297010
  • Mil Rate Base: 41.550
  • Mil Rate Total: 41.550
  • Assessor Parcel Number: 1246080

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 7, 2017
Closed on
Sep 22, 2017
Sold by
77 State Llc
Bought by
Milas Nicolaos and Milas Irene
Seller's Agent
Carol Horsford
Farnam Realty Group
Buyer's Agent
Konstantinos Milas
Milas Realty Advisors
List Price
$750,000
Sold Price
$735,000
Premium/Discount to List
-$15,000
-2%
Total Days on Market
37
Current Estimated Value
$1,193,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$458,933
Avg. Annual Appreciation
6.61%

Purchase Details

Closed on
Oct 28, 2015
Sold by
Guo Tak S
Bought by
770 State Llc

Purchase Details

Closed on
May 3, 2005
Sold by
Golden Key Llc
Bought by
Guo Tak Sum

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.95%
Mortgage Type
Commercial

Purchase Details

Closed on
May 1, 2002
Sold by
Ronai Natalie M
Bought by
Golden Key Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.5%
Mortgage Type
Commercial
Source: Public Records

Similar Homes in New Haven, CT

  • 8 Academy St, New Haven, CT 06511

    $949,000

    • 6 Beds
    • 4 Baths
    • 4,458 Sq Ft
    • 8 Academy St
    • New Haven, CT

    Investors take note! The historic Samuel Wadsworth House sits gracefully on Wooster Square Park. A legal four-family home is currently configured as a three-family residence. The main house was once configured as two units and there are 2 units in the rear, a studio on the lower level and a 1 bedroom on the upper floor. The utilities are separate (electric and gas) and there are 3 heating/hot

    Cheryl Szczarba Seabury Hill REALTORS

    Section Image
  • 339 Willow St, New Haven, CT 06511

    $1,100,000

    • 7 Beds
    • 4 Baths
    • 5,234 Sq Ft
    • 339 Willow St
    • New Haven, CT

    Exceptional Multi-Family in New Haven's East Rock Neighborhood: Pride of ownership shines in this well-maintained, property nestled in the heart of the sought-after Yale neighborhood. This rare gem offers incredible versatility, character & prime location. Whether you're seeking a smart investment or spacious owner-occupied residence with additional income, this property delivers. It features 3

    Valerie Pagliaro Berkshire Hathaway NE Prop.

    Section Image
See All Homes in New Haven

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Milas Nicolaos $735,000 --
770 State Llc $510,000 --
Guo Tak Sum $320,000 --
Golden Key Llc $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Golden Key Llc $350,000
Previous Owner Golden Key Llc $240,000
Previous Owner Golden Key Llc $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2017 09/22/17 Sold $735,000 -2.0% $149 / Sq Ft
09/13/2017 09/13/17 Pending -- -- --
08/07/2017 08/07/17 For Sale $750,000 0.0% $152 / Sq Ft
12/02/2016 12/02/16 Rented $1,250 -3.8% --
11/09/2016 11/09/16 For Rent $1,300 -3.7% --
07/11/2016 07/11/16 Rented $1,350 0.0% --
07/11/2016 07/11/16 Under Contract -- -- --
07/01/2016 07/01/16 For Rent $1,350 -- --
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 $14,858 $385,910 $154,770 $231,140
2023 $14,356 $385,910 $154,770 $231,140
2022 $15,340 $385,910 $154,770 $231,140
2021 $14,265 $325,080 $119,070 $206,010
2020 $14,265 $325,080 $119,070 $206,010
2019 $13,972 $325,080 $119,070 $206,010
2018 $13,972 $325,080 $119,070 $206,010
2017 $12,574 $325,080 $119,070 $206,010
2016 $12,341 $297,010 $108,570 $188,440
2015 $12,341 $297,010 $108,570 $188,440
2014 $12,341 $297,010 $108,570 $188,440
Source: Public Records

Agents Affiliated with this Home

  • Carol Horsford

    Seller's Agent in 2017

    Carol Horsford

    Farnam Realty Group

    (203) 671-1961

    1 in this area

    34 Total Sales

    Carol Horsford
    Section Image
  • James Huffman

    Seller Co-Listing Agent in 2017

    James Huffman

    Farnam Realty Group

    (203) 671-2719

    8 in this area

    64 Total Sales

    James Huffman
    Section Image
  • Konstantinos Milas

    Buyer's Agent in 2017

    Konstantinos Milas

    Milas Realty Advisors

    (203) 641-3623

    93 Total Sales

    Konstantinos Milas
    Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170002893

SmartMLS

APN: NHVN-000210-000377-002700

Connecticut New Haven County New Haven 06511 East Rock

770 State St, New Haven, CT

This home is located at 770 State St, New Haven, CT 06511 since 07 August 2017 and is currently estimated at $1,193,933, approximately $242 per square foot. This property was built in 1910. 770 State St is a home located in New Haven County with nearby schools including Booker T. Washington Academy and Elm City College Preparatory School.

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.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes