NOT LISTED FOR SALE

88 E Pearl St New Haven, CT 06513

Fair Haven Neighborhood

Estimated Value: $502,000 - $533,000

5 Beds
3 Baths
3,030 Sq Ft
$171/Sq Ft Est. Value

Last Sold February 15, 2024

Last sale price $450,000 $149 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,400/month

12 Days on Market

Highlights

  • 0.22 Acre Lot
  • Tankless Water Heater
  • Wood Siding
  • Walking Distance to Water

About This Home

As of February 2024

Charming three-family home nestled in the heart of a historic Qunnipiac district! This meticulously maintained property offers an exceptional investment opportunity with great rental income potential. With three spacious units, it's perfect for investors or owner-occupants seeking additional rental income. Each unit boasts unique character and modern amenities, preserving the district's historic charm. Don't miss the chance to own a piece of history while enjoying the benefits of rental income.

Last Agent to Sell the Property

Aaron Vining

KW Legacy Partners License #RES.0814119 Listed on: 11/02/2023

KW Legacy Partners

Last Buyer's Agent

Carolyn Colon-Ortega

Century 21 Scala Group License #RES.0811829

Century 21 Scala Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,317

Year Built

  • Built in 1900

Lot Details

  • 9,583

Home Design

  • 3,030 Sq Ft Home
  • Stone Foundation
  • Slate Roof
  • Wood Siding

Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Additional Features

  • Walking Distance to Water
  • 9,583 Sq Ft Lot

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 1242771

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,317

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 3030
  • Total Sq Ft: 3030
  • Year Built: 1900
  • New Construction: No/Resale
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4388
  • Directions: Per GPS
  • Financing Used: Conventional Fixed
  • Street Type: Street
  • Special Features: None

Interior Features

  • Basement Description: Full, Shared Basement
  • Attic: No

Exterior Features

  • Exterior Siding: Wood
  • Foundation Type: Stone
  • Roof Information: Slate
  • Waterfront Description: Walk to Water
  • Swimming Pool: No
  • Construction Description: Other

Garage/Parking

  • Garage And Parking: Other

Utilities

  • Cooling System: Window Unit
  • Heat Type: Gas on Gas
  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: Non Applicable
  • Hot Water Description: 40 Gallon Tank, Tankless Hotwater
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Lot Info

  • Acres: 0.22
  • Lot Description: Historic District Corner Lot
  • Zoning: RM1
  • Parcel #: 1242771

Multi Family

  • Total Number Of Units: 3
  • Unit Count: 3

Tax Info

  • Property Tax: 7317

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
Nov 2, 2023
Closed on
Feb 15, 2024
Sold by
Henry-Walker Aharon and Henry-Walker Kishorn
Bought by
Mendia Rosa A
Seller's Agent
Aaron Vining
KW Legacy Partners
Buyer's Agent
Carolyn Colon-Ortega
Century 21 Scala Group
List Price
$450,000
Sold Price
$450,000
Views
57
Current Estimated Value
$530,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,207
Avg. Annual Appreciation
7.49%
Original Mortgage
$337,500
Outstanding Balance
$331,547
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$186,914

Purchase Details

Listed on
May 6, 2022
Closed on
Jun 28, 2022
Sold by
Johnson Ahna
Bought by
Henry-Walker Aharon and Henry-Walker Kishorn
Seller's Agent
Linda Scanlon
Kelsey & Co. Real Estate
Buyer's Agent
Aaron Vining
KW Legacy Partners
List Price
$399,000
Sold Price
$410,000
Premium/Discount to List
$11,000
2.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.03%

Purchase Details

Listed on
Apr 20, 2016
Closed on
Aug 5, 2016
Sold by
Scarpellino John and Scarpellino Marie J
Bought by
Johnson Ahna
Seller's Agent
Michael Martinez
Houlihan Lawrence WD
Buyer's Agent
Michael Martinez
Houlihan Lawrence WD
List Price
$235,000
Sold Price
$195,000
Premium/Discount to List
-$40,000
-17.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.33%
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
Mendia Rosa A $450,000 None Available
Henry-Walker Aharon $410,000 None Available
Johnson Ahna $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mendia Rosa A $337,500
Previous Owner Johnson Ahna $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/15/2024 02/15/24 Sold $450,000 0.0% $149 / Sq Ft
11/14/2023 11/14/23 Pending -- -- --
11/02/2023 11/02/23 For Sale $450,000 +9.8% $149 / Sq Ft
07/13/2022 07/13/22 Sold $410,000 +2.8% $135 / Sq Ft View Prior Sale
05/20/2022 05/20/22 Pending -- -- --
05/11/2022 05/11/22 For Sale $399,000 +104.6% $132 / Sq Ft
08/05/2016 08/05/16 Sold $195,000 -17.0% $64 / Sq Ft View Prior Sale
06/26/2016 06/26/16 Pending -- -- --
04/20/2016 04/20/16 For Sale $235,000 -- $78 / 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 $7,750 $196,700 $43,190 $153,510
2024 $7,573 $196,700 $43,190 $153,510
2023 $7,317 $196,700 $43,190 $153,510
2022 $7,819 $196,700 $43,190 $153,510
2021 $5,590 $127,400 $34,510 $92,890
2020 $5,590 $127,400 $34,510 $92,890
2019 $5,476 $127,400 $34,510 $92,890
2018 $5,476 $127,400 $34,510 $92,890
2017 $4,928 $127,400 $34,510 $92,890
2016 $3,746 $90,160 $15,680 $74,480
2015 $3,746 $90,160 $15,680 $74,480
2014 $3,746 $90,160 $15,680 $74,480
Source: Public Records

Agents Affiliated with this Home

  • Aaron Vining

    Seller's Agent in 2024

    Aaron Vining

    KW Legacy Partners

    (203) 871-9059

    4 in this area

    20 Total Sales

    Aaron Vining
    Section Image
  • Carolyn Colon-Ortega

    Buyer's Agent in 2024

    Carolyn Colon-Ortega

    Century 21 Scala Group

    (203) 218-0702

    2 in this area

    81 Total Sales

    Carolyn Colon-Ortega
    Section Image
  • Linda Scanlon

    Seller's Agent in 2022

    Linda Scanlon

    Kelsey & Co. Real Estate

    (203) 288-5376

    1 in this area

    35 Total Sales

    Linda Scanlon
    Section Image
  • Michael Martinez

    Seller's Agent in 2016

    Michael Martinez

    Houlihan Lawrence WD

    (203) 996-4984

    11 in this area

    111 Total Sales

    Michael Martinez
    Section Image
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Map

Source: SmartMLS

MLS Number: 170607715

SmartMLS

APN: NHVN-000163-000726-000100

Connecticut New Haven County New Haven 06513 Fair Haven

88 E Pearl St, New Haven, CT

Not Listed for Sale

MultiFamily

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