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$319,000

Beds
3
Baths
1.5
sq ft
1,592

551 Fountain St, New Haven, CT 06515

551 Fountain St

New Haven, CT 06515

  • 13 days on market
Unlock the Value Potential in the Highly Coveted Amity Neighborhood! Opportunities like this don't come often in today's market! With inventory at historic lows, this 3-bedroom, 1.5-bath home offers not only a beautiful place to live but also an exceptional chance to build equity and create long-term value. At 1,592 sq. ft., this home is ready for your personal touches, providing the perfect canvas for increasing its market appeal and future resale value. Recent sales in the area, such as 4 Westbrook Lane ($455,000) and 47 Stevenson Rd ($528,000), show a clear trajectory of rising property values. By purchasing in this sought-after community, you're not just buying a home-you're securing a piece of one of the region's most stable and appreciating real estate markets. Real estate remains one of the most reliable wealth-building tools when you buy right, and this property positions you to do just that. With its blend of location, charm, and potential for appreciation, this home offers both a lifestyle upgrade and a savvy investment opportunity. Whether you're a first-time buyer or looking to expand your portfolio, now is the time to act. Homes like this don't wait, and neither should you! The Amity neighborhood is renowned for its charm, proximity to Yale Golf Course, and the tranquility of Edgewood Park, but it's the investment potential that truly stands out.

Details

Property type

Single Family Residence

Est. home value

$335,489

Lot size

4,356 sq ft

Price per sq ft

$201

Year built

1925

Annual property taxes

$6,023

Price History

01/08/2025
SmartMLS

SmartMLS #24066135

Listed
$319,000
-0.31%
12/19/2024
SmartMLS

SmartMLS #24032197

Removed
$320,000
11/04/2024
SmartMLS

SmartMLS #24032197

Price change
$320,000
-1.54%

Schools & Community

Neighborhood: 

Amity

Elementary school: 

Per Board of Ed

Middle school: 

Unknown

High school: 

Per Board of Ed

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Corevest American Finance

Loan start date

July 2020

Original loan amount

$7,883,000

Est. remaining balance

Not provided

Interest rate

3.15%

Loan type

Stand Alone Refi (Refinance of Original Loan), 5 year

Seller

Ocean 60 Llc

Lender

Corevest American Finance

Loan start date

July 2020

Original loan amount

$7,883,000

Est. remaining balance

Not provided

Interest rate

3.15%

Loan type

Stand Alone Refi (Refinance of Original Loan), 5 year

Seller

Ocean 60 Llc

Lender

Abensour-Nh Holdings Llc

Loan start date

October 2017

Original loan amount

$4,500,000

Est. remaining balance

Not provided

Interest rate

3.08%

Loan type

Stand Alone Refi (Refinance of Original Loan), 9 year

Seller

Ocean 60 Llc

Lender

Abensour-Nh Holdings Llc

Loan start date

October 2017

Original loan amount

$4,500,000

Est. remaining balance

Not provided

Interest rate

3.08%

Loan type

Stand Alone Refi (Refinance of Original Loan), 9 year

Seller

Ocean 60 Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 01/21/2025 at 11:50 PM

Listing updated: 01/13/2025 at 2:40 PM

Listed by: Lisa Cozzi, Century 21 AllPoints Realty

MLS: SmartMLS #24066135

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