Check Availability
$245,000
↓ $4K (1.6%)
House - For Sale

507 Russell Street

New Haven, Connecticut 06513
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1339 Sqft
$244,089
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Single family, colonial style home in a private like setting close to the Quinnipiac River and New Haven Harbor. This amazing home features 4 bedrooms / 1 bathroom, 1,339 SF & is currently rented for $1900/month - the tenant would like to stay BUT with proper notice, it can be conveyed vacant. This property is well maintained and in great condition on the inside. The outside does have some peeling paint, so for FHA, the buyer would need to do their own scraping and painting. Front has a charming, covered front porch and the back has a deck overlooking the private yard. The parking/driveway is accessed from the street after (Leila). Once inside, there are mostly hardwood floors throughout. The main level has an updated eat in kitchen, small rear mud room, updated full bathroom, 1 bedroom and the living room. The 2nd floor has 2 bedrooms, plus a bonus room, which could be an office, "5th" bedroom (it does have a window and closet), nursery or many other uses. Then head to the 3rd floor (finished attic), for open bonus space and another "bedroom". Properties to be Sold As-Is, Where-Is. Inspections for Informational Purposes Only. ** please note ** the seller is willing to offer a $5,000 credit at closing as "cash for keys" for the new owner and current tenant in place.
Unit Size
1,339Ft²
Days on Market
228 days
Land Size
0.12 acres
Price per sqft
$183
Property Type
House
Property Taxes
$312
HOA Dues
-
Year Built
1900
Listed By
Lauren Freedman
Coldwell Banker Realty
Last updated: 7 months ago (Smart MLS #170598232)

Price History

Date / Event Date Event Price
Oct 27, 2023 Price Decreased $245,000
↓ $4K (1.6%)
Price Decreased
Oct 4, 2023 Price Decreased $249,000
↓ $6K (2.4%)
Price Decreased
Sep 15, 2023 Listed by Coldwell Banker Realty $255,000
Listed by Coldwell Banker Realty

Property Highlights

Parking Details
Garage Features: Other
Interior Details

Bedroom Information

Bedrooms: 4

Bathroom Information

Full Bathrooms: 1
Total Bathrooms: 1

Interior Information

Appliances: Gas Range, Range Hood, Refrigerator

Room Information

Total Rooms: 8

Basement Information

Has Basement
Full, Unfinished

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Fair
  • Building Style: Colonial
  • Exterior Walls Type: Asbestos shingle
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 468
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,227
  • Total Building Area: 1,339
  • Gross Building Area: 2,560
  • Building Area: 1,339
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,339
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : CHFA
  • Previous Owner : BOYD KATINA
  • Owner Before Previous Owner: BELAU UNA
  • Owner Before Previous Owner 2: LORBERG BORIS
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: New Haven School District
  • School Tax School District: NEW HAVEN SD
  • Census Tract: 142601

Zoning

  • Zoning: RS2

Geography

  • Account Number: 95 1021 01200
  • Parcel: NHVN M:095 B:1021 L:01200
  • Block: 1021
  • Lot: 1200
  • Municipality: NEW HAVEN
  • Latitude: 41.3056
  • Longitude: -72.8771

    Address

  • Full Address: 507 Russell St
  • Address - House Number: 507
  • Address - Street Name: Russell
  • Address - Suffix Type: St
  • State: CT
  • City Name: New Haven
  • Zip Code: 06513

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,747

    Appraisal Valuation

  • Standard Deviation: 0.1064
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 89
  • Final Value: 240,393
  • High Value: 265,972
  • Low Value: 214,815

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,464,000
  • First Open Lien Mortgage Lender: COREVEST AMERICAN FINANCE
  • First Open Lien Mortgage Recording Date: Aug 30, 2021
  • First Open Lien Mortgage Loan Amount: $1,464,000
  • First Open Lien Mortgage Term: 60
  • 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: Sep 01, 2026

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $100,730
  • Assessed Land Value: $36,610
  • Assessed Improvements Value: $64,120

    Sales

  • Current Sale Recording Date: Feb 26, 2015
  • Current Sale Transaction ID: 1051148204
  • Current Sale Document Type: Foreclosure
  • Previous Sale Recording Date: Aug 10, 2007
  • Previous Sale Amount: $197,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: MCCUE MTG CO
  • Previous Mortgage Transaction Date: Aug 10, 2007
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $191,050
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Aug 10, 2037

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2 Baths
1,460 ft²
$200/ft²
$291,900 Jul 30, 2023
$291,900 Sep 6, 2023
$436/mo
House
3 Beds
2 Baths
1,530 ft²
$193/ft²
$295,000 Jul 19, 2023
$295,000 Aug 25, 2023
$860/mo
Multifamily
4 Beds
3 Baths
1,496 ft²
$204/ft²
$305,000 Jun 16, 2023
$305,000 Aug 25, 2023
$451/mo
Multifamily
4 Beds
2 Baths
3,291 ft²
$84/ft²
$275,000 Jun 9, 2023
$275,000 Aug 23, 2023
$567/mo
House
2 Beds
1 Bath
710 ft²
$310/ft²
$220,000 Jul 5, 2023
$220,000 Aug 14, 2023
$243/mo
House
2 Beds
1 Bath
2,176 ft²
$106/ft²
$230,000 Aug 7, 2022
$230,000 Oct 25, 2022
$404/mo
House
3 Beds
2 Baths
1,174 ft²
$183/ft²
$214,999 May 12, 2023
-
$396/mo
Multifamily
4 Beds
2 Baths
1,720 ft²
$177/ft²
$305,000 Jun 5, 2023
-
$443/mo
House
3 Beds
1 Bath
922 ft²
$259/ft²
$239,000 Jul 7, 2023
-
$391/mo
Condo
2 Beds
2 Baths
1,325 ft²
$211/ft²
$279,900 Jul 25, 2023
-
$722/mo
Condo
2 Beds
1.5 Baths
1,284 ft²
$179/ft²
$229,900 May 18, 2023
-
$300/mo
Condo
2 Beds
3 Baths
1,124 ft²
$267/ft²
$300,000 Jul 11, 2023
-
$289/mo

About Fair Haven Heights


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Frequently Asked Questions

When was property at 507 Russell Street built and last sold?
The property at 507 Russell Street was built in 1900 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 507 Russell Street is $256,836.
What are some comparable homes to 507 Russell Street?
Homes that are comparable to 507 Russell Street include a house property at 137 Eastern Street, a multifamily property at 16 Welcome Street, a condo property at 702 Golf Drive.

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