NOT LISTED FOR SALE

1071 North Ave Unit 1073 Bridgeport, CT 06604

The Hollow Neighborhood

Estimated Value: $359,000 - $627,000

6 Beds
3 Baths
2,435 Sq Ft
$193/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $337,500 $139 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,027/month

165 Days on Market

Highlights

  • Enclosed Patio or Porch
  • Level Lot
  • 2-minute walk to B.J Brown Park 2006

About This Home

As of May 2024

THIS LEGAL 2-FAMILY home presents an exceptional value-add opportunity for savvy investors. Located in the heart of Bridgeport near major highways, public transportation and local amenities, this property offers both convenience for tenants and promising future appreciation potential. Featuring three separate units, this property stands as a promising source of multiple rental income streams. Take advantage of the current robust rental market to optimize your returns and capitalize on the lucrative rental demand. Unlock the full potential of this property through creative upgrades and renovations. With its solid foundation and well-maintained condition, you have a canvas to reimagine interiors, enhance curb appeal and optimize layouts, all of which can significantly boost value and rental rates. Don't miss out on the chance to acquire this exceptional value-add three-family property in Bridgeport. Its ideal location, income potential, and scope for enhancements make it a strategic addition to any investment portfolio. Don't wait—reach out today to schedule a viewing and discover the exciting possibilities this property holds!

Last Agent to Sell the Property

Anthony DeLorenzo

Alpha Capital Realty, LLC License #REB.0794751 Listed on: 08/10/2023

Last Buyer's Agent

Andrea Vancho

Berkshire Hathaway NE Prop. License #RES.0806762

Berkshire Hathaway NE Prop.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,857

Year Built

  • Built in 1902

Lot Details

  • 3,049 Sq Ft Lot
  • Level Lot

Home Design

  • 2,435 Sq Ft Home
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Shingle Siding

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Unfinished Basement

Community Details

  • 3 Units
  • Gross Income $39,900

Listing and Financial Details

  • Assessor Parcel Number 16175

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,857

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 2435
  • Total Sq Ft: 2435
  • Year Built: 1902
  • New Construction: No/Resale
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3936
  • Directions: GPS
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 2435
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Basement Description: Unfinished
  • Attic: No
  • Street Number Modifier: 1071

Exterior Features

  • Exterior Features: Porch, Porch-Enclosed
  • Exterior Siding: Shingle
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Driveway Type: None
  • Garage And Parking: On Street Parking

Utilities

  • Cooling System: Window Unit
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: Non Applicable
  • Hot Water Description: 50 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Per Board of Ed
  • High School: Per Board of Ed
  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.07
  • Lot Description: Level Lot
  • Zoning: MUP
  • Parcel #: 16175

Multi Family

  • Gross Annual Income: 39900
  • Net Operating Income: 25186
  • Total Number Of Units: 3

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 5857
  • Total Assessed Value: 134796
  • Mil Rate Total: 43.45

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2023
Closed on
May 31, 2024
Sold by
Ref Ii Bridgeport De Llc
Bought by
Eop North Ave Llc
Seller's Agent
Anthony DeLorenzo
Alpha Capital Realty, LLC
Buyer's Agent
Andrea Vancho
Berkshire Hathaway NE Prop.
List Price
$369,900
Sold Price
$337,500
Premium/Discount to List
-$32,400
-8.76%
Views
263
Current Estimated Value
$469,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,232
Avg. Annual Appreciation
12.96%
Original Mortgage
$253,125
Interest Rate
7.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 25, 2021
Sold by
Tungs Realty Llc
Bought by
Re Fund 2 Bridgeport Llc

Purchase Details

Closed on
Mar 30, 2015
Sold by
Plains Ltd
Bought by
Tungs Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,200,000
Interest Rate
3.76%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 12, 2008
Sold by
Deutsche Bank Natl T C
Bought by
Plains Ltd

Purchase Details

Closed on
Oct 15, 2002
Sold by
Santos Joseph F and Santos Carmella T
Bought by
Alfaro Lydia
Source: Public Records

Range of Values:

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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
Eop North Ave Llc $337,500 None Available
Eop North Ave Llc $337,500 None Available
Eop North Ave Llc $337,500 None Available
Re Fund 2 Bridgeport Llc $210,000 None Available
Re Fund 2 Bridgeport Llc $210,000 None Available
Tungs Realty Llc -- --
Tungs Realty Llc -- --
Plains Ltd $130,000 --
Plains Ltd $130,000 --
Alfaro Lydia $163,500 --
Alfaro Lydia $163,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eop North Ave Llc $487,500
Closed Eop North Ave Llc $253,125
Previous Owner Tungs Realty Llc $2,200,000
Previous Owner Alfaro Lydia $104,000
Previous Owner Alfaro Lydia $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $337,500 -8.8% $139 / Sq Ft
01/22/2024 01/22/24 Pending -- -- --
01/01/2024 01/01/24 For Sale $369,900 +9.6% $152 / Sq Ft
01/01/2024 01/01/24 Off Market $337,500 -- --
12/28/2023 12/28/23 Price Changed $369,900 0.0% $152 / Sq Ft
12/28/2023 12/28/23 For Sale $369,900 -1.3% $152 / Sq Ft
11/28/2023 11/28/23 Pending -- -- --
10/24/2023 10/24/23 Price Changed $374,900 -3.9% $154 / Sq Ft
10/12/2023 10/12/23 For Sale $390,000 0.0% $160 / Sq Ft
08/25/2023 08/25/23 Pending -- -- --
08/10/2023 08/10/23 For Sale $390,000 -- $160 / 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 $5,857 $134,796 $24,956 $109,840
2024 $5,857 $134,796 $24,956 $109,840
2023 $5,857 $134,796 $24,956 $109,840
2022 $5,857 $134,796 $24,956 $109,840
2021 $5,857 $134,796 $24,956 $109,840
2020 $4,769 $88,340 $11,820 $76,520
2019 $4,769 $88,340 $11,820 $76,520
2018 $4,803 $88,340 $11,820 $76,520
2017 $4,803 $88,340 $11,820 $76,520
2016 $4,803 $88,340 $11,820 $76,520
2015 $5,350 $126,780 $24,620 $102,160
2014 $5,350 $126,780 $24,620 $102,160
Source: Public Records

Agents Affiliated with this Home

  • Anthony DeLorenzo

    Seller's Agent in 2024

    Anthony DeLorenzo

    Alpha Capital Realty, LLC

    (203) 814-7387

    2 in this area

    49 Total Sales

    Anthony DeLorenzo
    Section Image

  • A

    Buyer's Agent in 2024

    Andrea Vancho

    Berkshire Hathaway Home Services

    (475) 223-9098

    2 in this area

    22 Total Sales

    Andrea Vancho
    Section Image
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Map

Source: SmartMLS

MLS Number: 170590488

SmartMLS

APN: BRID-001002-000022B

Connecticut Fairfield County Bridgeport 06604 The Hollow

1071 North Ave Unit 1073, Bridgeport, CT

This home is located at 1071 North Ave Unit 1073, Bridgeport, CT 06604 since 10 August 2023 and is currently estimated at $469,732, approximately $192 per square foot. This property was built in 1902. 1071 North Ave Unit 1073 is a home located in Fairfield County with nearby schools including Bassick High School, Catholic Academy of Bridgeport-St. Raphael Academy, and Catholic Academy of Bridgeport-St. Augustine Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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