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387 Shelton Ave

New Haven, CT 06511

5 bd 3 ba 2,812 sqft Built 1920 Lot 5,227 sqft multi_family
Most recent sale
$326,500
Apr 12, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 12, 2023 Sold $326,500 SMARTMLS
Dec 1, 2021 Listing removed SMARTMLS
Aug 26, 2021 Listed $349,900 SMARTMLS
Jul 16, 2021 Listing removed SMARTMLS
Jun 3, 2021 Listed $349,900 SMARTMLS
Sep 30, 2019 Sold $243,250 Public Record
Jul 19, 2019 Listing removed SMARTMLS
Sep 5, 2018 Listed $249,900 SMARTMLS
Feb 13, 2018 Sold $107,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $169,190 $32,970 $202,160 $7,965
2023 $169,190 $32,970 $202,160 $7,520
2022 $169,190 $32,970 $202,160 $8,036
2021 $83,580 $26,390 $109,970 $4,825
2020 $83,580 $26,390 $109,970 $4,825
2019 $83,580 $26,390 $109,970 $4,727
2018 $83,580 $26,390 $109,970 $4,727
2017 $83,580 $26,390 $109,970 $4,254
2016 $67,060 $11,690 $78,750 $3,272
2015 $67,060 $11,690 $78,750 $3,272
2013 $67,060 $11,690 $78,750 $3,213
2006 $51,590 $12,460 $64,050 $2,873
2004 $51,590 $12,460 $64,050 $2,532
2003 $51,590 $12,460 $64,050 $2,468

Property facts

Year built
1920
Property type
multi_family
Stories
Beds
5
Baths
3
Living area
2,812 sqft
Lot size
5,227 sqft
ZIP code
06511
City
New Haven
Street
Shelton Ave
Coordinates
41.33366, -72.93046

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,959
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 387 Shelton Ave last sell?
387 Shelton Ave most recently sold on Apr 12, 2023 for $326,500.
What is the current tax assessment for 387 Shelton Ave?
The most recent total assessment for 387 Shelton Ave (year 2025) is $202,160 with $7,965 in property tax.
How does 387 Shelton Ave's assessment compare to its last sale price?
The current assessment is 38.1% below the last sale price of $326,500.
When was 387 Shelton Ave built?
387 Shelton Ave was built in 1920.
How does 387 Shelton Ave compare to others on Shelton Ave?
We track 8 other properties on Shelton Ave. Browse the list under "Other properties on Shelton Ave" to compare beds, baths, and sale history.
What are the property facts for 387 Shelton Ave?
387 Shelton Ave is a 5 bed, 3 bath, 2,812 sqft, 5,227 sqft lot multi_family.
Is 387 Shelton Ave a flip candidate?
Yes — 387 Shelton Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 387 Shelton Ave a tax-appeal candidate?
No — 387 Shelton Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.5%
Implied 1-yr
-1.9%
2026 Q3
$416.1K
2026 Q4
$414.1K
ZIP 06511 — Median Price History + Forecast

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