NOT LISTED FOR SALE

8 Cove St New Haven, CT 06512

East Shore Neighborhood

Estimated Value: $805,000 - $1,290,000

5 Beds
5 Baths
3,834 Sq Ft
$276/Sq Ft Est. Value

Last Sold March 20, 2024

Last sale price $990,000 $258 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $7,679/month

177 Days on Market

Highlights

  • Waterfront
  • Contemporary Architecture
  • 1 Fireplace
  • 0.57 Acre Lot
  • Attic
  • 1-minute walk to Lighthouse Point Park

About This Home

As of March 2024

DOUBLE LOT! NOTHING LIKE IT ON THE MARKET IN NEW HAVEN! Endless possibilities and wonderful opportunity to acquire this former yacht club in an amazing LOCATION! Once frequented by Frank Sinatra, Sammy Davis Jr and Dean Martin. Situated on over a half acre lot this baby offers over 11,000 sq ft that can be transformed into a year round vacation home, Airbnb, Bed & Breakfast or perfect waterfront development and can be used as a single or multi family. Featuring an open floor plan that gives you water views from nearly every room, 5 bedrooms, 5 full baths, floor to ceiling fireplace and a 4000 sq ft basement that's used as a workshop and storage for several cars and boats. Enjoy stunning views of the New Haven harbor & skyline. Boating, fishing, beautiful sunsets and pure relaxation awaits! Just bring your imagination- too many options to list. Located just 10 mins to downtown New Haven, Yale, Hospitals and train, 6 mins to Tweed New Haven Airport and 2 hrs into Manhattan or Boston. Your wonderful opportunity is waiting!

Last Agent to Sell the Property

Latasha Eaddy

Eaddy Associates License #REB.0789672 Listed on: 09/25/2023

Last Buyer's Agent

Deborah Rowe

Stacy Blake Realty LLC License #RES.0783260

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,139

Year Built

  • Built in 1900

Lot Details

  • 0.57 Acre Lot
  • Waterfront
  • Property is zoned RS2

Home Design

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

Interior Spaces

  • 3,834 Sq Ft Home
  • 1 Fireplace
  • Water Views
  • Walkup Attic
  • Laundry on main level

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Storage

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 1236394

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,139

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: Lighthouse Point
  • Property Type: Single Family For Sale
  • Style: Contemporary, Other
  • Sq Ft Est Heated Above Grade: 3834
  • Total Sq Ft: 3834
  • Year Built: 1900
  • New Construction: No/Resale
  • Nearby Amenities: Park
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 11119
  • Directions: Townsend Ave to Lighthouse Rd to Cove St. Last house on the right
  • Financing Used: Cash
  • Living Area Sq Ft Per Public Record: 3834
  • Spec Assoc Asses: No
  • Street Type: Street
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 1
  • Total Bedrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 5
  • Fireplaces: 1
  • Attic Description: Walk-up
  • Basement Description: Full With Walk-Out, Storage
  • Appliances: None
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 8

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Direct Waterfront Dock or Mooring View Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage And Parking: Driveway, Off Street Parking, RV/Boat Pad

Utilities

  • Cooling System: None
  • Heat Type: Baseboard, Hot Air
  • Heat Fuel Type: Electric, Natural Gas
  • Fuel Tank Location: Non Applicable
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

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

Lot Info

  • Acres: 0.57
  • Lot Description: Water View
  • Zoning: RS2
  • Parcel #: 1236394

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 22139
  • Total Assessed Value: 595140
  • Mil Rate Total: 37.2

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
Sep 25, 2023
Closed on
Mar 20, 2024
Sold by
Palmieri Patrick and Palmieri Cove Assoc Llc
Bought by
Home Improv & Design Llc
Seller's Agent
Latasha Eaddy
Eaddy Associates
Buyer's Agent
Deborah Rowe
Stacy Blake Realty LLC
List Price
$1,500,000
Sold Price
$990,000
Premium/Discount to List
-$510,000
-34%
Views
581
Current Estimated Value
$1,058,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,868
Avg. Annual Appreciation
1.20%
Original Mortgage
$1,347,096
Outstanding Balance
$1,328,615
Interest Rate
6.64%
Mortgage Type
Commercial
Estimated Equity
-$321,031

Purchase Details

Closed on
Oct 17, 2014
Sold by
Palmieri Cove Assocs
Bought by
Palmieri Cove Assocs and Palmieri

Purchase Details

Closed on
Sep 25, 2014
Sold by
Palmieri Patrick
Bought by
Palmieri Cove Associat

Purchase Details

Closed on
Jan 4, 1999
Sold by
Rascati Rita
Bought by
Palmieri Patrick
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
Home Improv & Design Llc $990,000 None Available
Home Improv & Design Llc $990,000 None Available
Palmieri Cove Assocs -- --
Palmieri Cove Assocs -- --
Palmieri Cove Associat -- --
Palmieri Cove Associat -- --
Palmieri Patrick $145,000 --
Palmieri Patrick $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Home Improv & Design Llc $1,347,096
Closed Home Improv & Design Llc $1,347,096
Previous Owner Rascati Rita $660,000
Previous Owner Rascati Rita $3,245
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2024 03/20/24 Sold $990,000 -34.0% $258 / Sq Ft
09/25/2023 09/25/23 For Sale $1,500,000 -- $391 / 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 $23,449 $595,140 $239,330 $355,810
2024 $22,913 $595,140 $239,330 $355,810
2023 $22,139 $595,140 $239,330 $355,810
2022 $23,657 $595,140 $239,330 $355,810
2021 $20,131 $458,780 $155,470 $303,310
2020 $20,131 $458,780 $155,470 $303,310
2019 $19,718 $458,780 $155,470 $303,310
2018 $19,718 $458,780 $155,470 $303,310
2017 $17,746 $458,780 $155,470 $303,310
2016 $16,951 $407,960 $152,110 $255,850
2015 $16,951 $407,960 $152,110 $255,850
2014 $16,951 $407,960 $152,110 $255,850
Source: Public Records

Agents Affiliated with this Home

  • Latasha Eaddy

    Seller's Agent in 2024

    Latasha Eaddy

    Eaddy Associates

    (203) 209-8936

    1 in this area

    51 Total Sales

    Latasha Eaddy
    Section Image
  • Deborah Rowe

    Buyer's Agent in 2024

    Deborah Rowe

    Stacy Blake Realty LLC

    (203) 415-8876

    1 in this area

    19 Total Sales

    Deborah Rowe
    Section Image
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Map

Source: SmartMLS

MLS Number: 170600251

SmartMLS

APN: NHVN-000035-000865-000100

Connecticut New Haven County New Haven 06512 East Shore

8 Cove St, New Haven, CT

This home is located at 8 Cove St, New Haven, CT 06512 since 25 September 2023 and is currently estimated at $1,058,868, approximately $276 per square foot. This property was built in 1900. 8 Cove St is a home located in New Haven County with nearby schools including Pathway 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.

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