NOT LISTED FOR SALE

81 Mill River St New Haven, CT 06511

Estimated Value: $366,220 - $513,000

5 Beds
3 Baths
2,090 Sq Ft
$196/Sq Ft Est. Value

Last Sold August 01, 2024

Last sale price $359,000 $172 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,789/month

84 Days on Market

Highlights

  • Property is near public transit
  • Baseboard Heating
  • 3-minute walk to Jocelyn Square Park
  • Public Transportation
  • Smart Lights or Controls

About This Home

As of August 2024

Investment Property- with an owner occupant advantage! Make money with this 3-Family Home located near the sought after neighborhood of East Rock! This Multi-Family Home is an absolute hidden gem! The proposed high CAP rate makes it an excellent investment choice. The second-floor unit has been completely renovated: Brand new floors, new kitchen with new stainless-steel refrigerator, dishwasher, gas stove, and exquisite new lighting! Brand New full bathroom with state of the art fixtures. The location is prime, right in the middle of two thriving worlds with new roads, restaurants, and local attractions in the works and soon to be approved. This will increase value so purchasing 81 Mill River Road now is a smart choice! Currently, Unit 1 and Unit 3 are occupied.

Last Agent to Sell the Property

Dallas Davis

Dalvis Realty License #REB.0795689 Listed on: 05/09/2024

Last Buyer's Agent

Lynn Acevedo

Coldwell Banker Realty License #RES.0807048

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,595

Year Built

  • Built in 1900

Lot Details

  • 0.33

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Block Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,090 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Smart Lights or Controls

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • Energy-Efficient Lighting
  • 0.33 Acre Lot
  • Property is near public transit

Community Details

  • 3 Units
  • Public Transportation
  • Gross Income $48,240

Listing and Financial Details

  • Assessor Parcel Number 1244852

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,595

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 2090
  • Total Sq Ft: 2090
  • Year Built: 1900
  • New Construction: No/Resale
  • Nearby Amenities: Commuter Bus, Health Club, Park, Public Transportation
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Directions: Use GPS for best results.
  • Financing Used: FHA
  • Living Area Sq Ft Per Public Record: 2090
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement Description: Full
  • Laundry Room Location: Laundry located in basement.
  • Attic: No
  • Home Automation: Lighting
  • Street Number Modifier: 81

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Block, Brick
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Brick

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas, 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

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

Lot Info

  • Acres: 0.33
  • Lot Description: N/A
  • Flood Zone: No
  • Zoning: IL
  • Parcel #: 1244852

Multi Family

  • Gross Annual Income: 48240
  • Total Number Of Units: 3

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 6595
  • Total Assessed Value: 171290
  • Mil Rate Total: 38.5

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
May 9, 2024
Closed on
Aug 5, 2024
Sold by
Mnhg Llc
Bought by
Romero Toribio B
Seller's Agent
Dallas Davis
Dalvis Realty
Buyer's Agent
Lynn Acevedo
Coldwell Banker Realty
List Price
$395,000
Sold Price
$359,000
Premium/Discount to List
-$36,000
-9.11%
Views
79
Current Estimated Value
$409,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,555
Avg. Annual Appreciation
12.85%
Original Mortgage
$338,550
Outstanding Balance
$335,327
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$74,228

Purchase Details

Listed on
Sep 30, 2019
Closed on
Dec 22, 2019
Sold by
Redevelopers New Haven
Bought by
Mnhg Llc
Seller's Agent
Gary Poitras
SalCal Real Estate Connections
Buyer's Agent
Dallas Davis
Dalvis Realty
List Price
$195,000
Sold Price
$189,000
Premium/Discount to List
-$6,000
-3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.90%
Original Mortgage
$141,750
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 2010
Sold by
Wades Housing Llc
Bought by
Nhvn Redevelopers Llc

Purchase Details

Closed on
Nov 4, 2009
Sold by
Beecher Wade
Bought by
Wades Housing Llc

Purchase Details

Closed on
Nov 27, 1996
Sold by
New Haven Savings Bank
Bought by
Johnson Craig L and Johnson Karen A

Purchase Details

Closed on
Mar 26, 1990
Sold by
Equity Inv Co
Bought by
Remark Capital Ptnrs
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
Romero Toribio B $359,000 None Available
Mnhg Llc $189,000 None Available
Nhvn Redevelopers Llc $135,020 --
Nhvn Redevelopers Llc $135,020 --
Wades Housing Llc -- --
Beecher Wade $46,500 --
Us Bank Na -- --
Beecher Wade $46,500 --
Johnson Craig L $35,000 --
Johnson Craig L $35,000 --
Remark Capital Ptnrs $57,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romero Toribio B $338,550
Closed Brito-Romero Toribio $25,000
Previous Owner Mnhg Llc $141,750
Previous Owner Remark Capital Ptnrs $2,300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2024 08/01/24 Sold $359,000 -9.1% $172 / Sq Ft
05/09/2024 05/09/24 For Sale $395,000 +109.0% $189 / Sq Ft
12/20/2019 12/20/19 Sold $189,000 -3.1% $90 / Sq Ft
10/11/2019 10/11/19 Pending -- -- --
09/30/2019 09/30/19 For Sale $195,000 -- $93 / 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 $6,749 $171,290 $29,330 $141,960
2024 $6,595 $171,290 $29,330 $141,960
2023 $6,372 $171,290 $29,330 $141,960
2022 $6,809 $171,290 $29,330 $141,960
2021 $4,583 $104,440 $23,450 $80,990
2020 $4,583 $104,440 $23,450 $80,990
2019 $4,489 $104,440 $23,450 $80,990
2018 $4,489 $104,440 $23,450 $80,990
2017 $4,040 $104,440 $23,450 $80,990
2016 $3,359 $80,850 $15,680 $65,170
2015 $3,359 $80,850 $15,680 $65,170
2014 $3,359 $80,850 $15,680 $65,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24016778

SmartMLS

APN: NHVN-000181-000603-000200