NOT LISTED FOR SALE

87 Frank St New Haven, CT 06519

The Hill Neighborhood

Estimated Value: $254,086 - $309,000

5 Beds
2 Baths
1,350 Sq Ft
$201/Sq Ft Est. Value

Last Sold March 01, 2023

Last sale price $212,000 $157 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,837/month

83 Days on Market

About This Home

As of March 2023

Great investment property in New Haven with plenty of upside potential - sale subject to approval by Probate - - sold as-is - Related Listings in this investment portfolio: 17 Adeline St (MLS# 170522967) – The Listing Agent is the Property Manager

Last Agent to Sell the Property

Rick Bassett

Coldwell Banker Realty License #REB.0793455 Listed on: 09/16/2022

Coldwell Banker Realty

Last Buyer's Agent

Rick Bassett

Coldwell Banker Realty License #REB.0793455 Listed on: 09/16/2022

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,028

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot

Parking

  • On-Street Parking

Home Design

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

Interior Spaces

  • 1,350 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating System Uses Gas
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 2 Units
  • Property managed by Bassett Property Mgmt

Listing and Financial Details

  • Exclusions: Appliances are owned by the tenants

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,028

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1350
  • Public Record Living Room Sq Ft: 1350
  • Total Sq Ft: 1350
  • Year Built: 1900
  • Remarks Public Addendum: This property is showing up as a single-family in the town records. In 1949 a permit was pulled to convert it to a two-family, and it has been operated that way since 1949, but that permit may not have been closed out; the building has multiple meters. The seller is working with the city to correct the records and get that old permit closed out.
  • Property Sub Type: 2 Family
  • Exclusions: Appliances are owned by the tenants
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 2160
  • Directions: GPS
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Full, Unfinished
  • Attic: No

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete, Masonry
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: On Street Parking

Utilities

  • Heat Type: Gas on Gas
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: 30 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No
  • Property Management Type: Professional-Off Site
  • Property Manager Email: bassettproperty@gmail.com
  • Property Manager Name: Rick Bassett
  • Property Mgt Company Name: Bassett Property Mgmt
  • Property Mgt Phone: 4759003100

Lot Info

  • Acres: 0.1200
  • Lot Description: Level Lot
  • Zoning: RM2

Multi Family

  • Unit Count: 2
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 5028
  • Mil Rate Base: 39.750
  • Assessor Parcel Number: 1254391

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 16, 2022
Closed on
Mar 1, 2023
Sold by
Saint George Lt and Stgeorge
Bought by
North Haven Barb Properti
Seller's Agent
Rick Bassett
Coldwell Banker Realty
Buyer's Agent
Rick Bassett
Coldwell Banker Realty
List Price
$233,000
Sold Price
$212,000
Premium/Discount to List
-$21,000
-9.01%
Views
193
Current Estimated Value
$271,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,022
Avg. Annual Appreciation
9.27%
Original Mortgage
$1,050,000
Outstanding Balance
$1,014,780
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$743,758

Purchase Details

Closed on
Nov 25, 1983
Bought by
Stgeorge Louis
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
North Haven Barb Properti $212,000 None Available
Stgeorge Louis $13,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open North Haven Barb Properti $1,050,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2023 03/01/23 Sold $212,000 -9.0% $157 / Sq Ft
12/08/2022 12/08/22 Pending -- -- --
09/21/2022 09/21/22 For Sale $233,000 0.0% $173 / Sq Ft
09/17/2022 09/17/22 Pending -- -- --
09/16/2022 09/16/22 For Sale $233,000 -- $173 / 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 $4,984 $126,490 $23,800 $102,690
2024 $4,870 $126,490 $23,800 $102,690
2023 $4,705 $126,490 $23,800 $102,690
2022 $5,028 $126,490 $23,800 $102,690
2021 $3,649 $83,160 $20,510 $62,650
2020 $3,649 $83,160 $20,510 $62,650
2019 $3,574 $83,160 $20,510 $62,650
2018 $3,574 $83,160 $20,510 $62,650
2017 $3,217 $83,160 $20,510 $62,650
2016 $2,970 $71,470 $11,690 $59,780
2015 $2,970 $71,470 $11,690 $59,780
2014 $2,970 $71,470 $11,690 $59,780
Source: Public Records

Agents Affiliated with this Home

  • Rick Bassett

    Seller's Agent in 2023

    Rick Bassett

    Coldwell Banker

    (203) 584-7278

    7 in this area

    37 Total Sales

    Rick Bassett
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Map

Source: SmartMLS

MLS Number: 170522972

SmartMLS

APN: NHVN-000303-000065-001200

Connecticut New Haven County New Haven 06519 The Hill

87 Frank St, New Haven, CT

Not Listed for Sale

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