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490 Prospect Street

490 Prospect Street, New Haven, CT 06511
Property in Prospect Hill
1 Units For Sale
Unit for sale at 490 Prospect Street, New Haven, CT 06511

$7,500,000

  • Commercial
  • 28,675 ft²
490 Prospect Street, New Haven, CT 06511 Listing by Christopher Nolan

Local assessors in New Haven, CT have categorized 490 Prospect Street as a exempt type of property. The home was built in 1940 and is 84 years old. The property's lot size has been calculated to be 60,113 square feet. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is good. The building has a gable style roof that was made of asphalt. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's no heating system is the primary heating source and it is being fueled with oil. The property was last sold in Aug 20, 2019 for $5,000,000. That's $442.09 per sqft. 490 Prospect Street was last assessed in 2023. The total value of the property was assessed at $2,824,850. Specifically, the land the property is located on was valued at $243,040. While improvements on the property were assessed at a total of $2,581,810. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $0. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 3
  • Bedroom Count: 0
  • Building Condition: Good
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 10
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 60,113
  • Total Building Area: 11,310
  • Gross Building Area: 11,310
  • Building Area: 11,310
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: None
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Exempt
  • Land Acres: 1.38
  • Standard Land Use Code: Public school

Ownership

  • Current Owner : ALBERTUS MAGNUS COLLEGE
  • Previous Owner : OVERSEAS MINISTRIES STUDY
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: New Haven School District
  • School Tax School District: NEW HAVEN SD
  • Census Tract: 141800

Zoning

  • Zoning: RM2

Geography

  • Account Number: 248 0436 00100
  • Parcel: NHVN M:248 B:0436 L:00100
  • Block: 436
  • Lot: 100
  • Municipality: NEW HAVEN
  • Latitude: 41.3262
  • Longitude: -72.9236

    Address

  • Full Address: 490 Prospect St
  • Address - House Number: 490
  • Address - Street Name: Prospect
  • Address - Suffix Type: St
  • State: CT
  • City Name: New Haven
  • Carrier Code: C035
  • 4-Digit Zip Code: 2118
  • Zip Code: 06511

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $4,350,000
  • First Open Lien Mortgage Lender: NORTHWEST COMMUNITY BANK
  • First Open Lien Mortgage Recording Date: Nov 21, 2023
  • First Open Lien Mortgage Loan Amount: $4,350,000
  • First Open Lien Mortgage Term: 300
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2048

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,824,850
  • Assessed Land Value: $243,040
  • Assessed Improvements Value: $2,581,810

    Sales

  • Current Sale Contract Date: Aug 20, 2019
  • Current Sale Recording Date: Aug 20, 2019
  • Current Sale Transaction ID: 11637667915
  • Current Sale Price: $5,000,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019-07738

About North New Haven



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Frequently Asked Questions

What neighborhood is 490 Prospect Street located in?
The 490 Prospect Street is a located in the neighborhood of Prospect Hill in North New Haven, New Haven.
How many listings are currently for sale in 490 Prospect Street?
There is one unit for sale right now.
What is the average sales price for listings in 490 Prospect Street?
The average sales price for units in 490 Prospect Street is $7,500,000 , or $262/sqft. currently.

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