$169,750
SOLD OCT 23, 2017
6 Beds
3 Baths
3,377 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$50 Per Sq Ft

3% Below List Price

55 Days on Market

Highlights

  • No HOA
  • Private Driveway
  • Level Lot
  • Baseboard Heating

About This Home

As of October 2017

Turn key, cash flowing legal three family in the Mill Hill area of Bridgeport, just around the corner from Bridgeport Hospital. All units are in great shape as are common grounds. The first floor unit has 8 rooms total as there is a finished basement attached with an extra full bath and bedroom for a total of 3 bedrooms. Second and third floor units feature four large rooms; two bedrooms, and one bathroom. Mechanicals are in excellent shape and all units are on separate electric and gas meters. Great tenants in place and all leases are currently month to month. All rents are currently at or below market; first floor pays $1500/mo, second floor pays $900/mo and third floor pays $850/mo. Large driveway provides plenty of off street parking. Roof was replaced three years ago and the finished basement which is currently vacant can provide additional income if rented with one of the other floors. Nothing to do but sit back and collect your rent! 20%+ cash on cash return when purchased with 80 LTV loan!

Last Agent to Sell the Property

Michael Kovac

Higgins Group Real Estate License #RES.0801600 Listed on: 08/03/2017

Last Buyer's Agent

Michael Kovac

Higgins Group Real Estate License #RES.0801600 Listed on: 08/03/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,456

Year Built

  • Built in 1914

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Masonry

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Private Driveway
  • Off-Street Parking

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Gross Income $34,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,456

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Neighborhood: East End
  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 2418
  • Public Record Living Room Sq Ft: 2418
  • Sq Ft Est Heated Below Grade: 959
  • Total Sq Ft: 3377
  • Year Built: 1914
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Encumbrances Restrictions: Regulated Historic District
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4114
  • Directions: GPS
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Full With Walk-Out, Partially Finished, Unfinished, Interior Access
  • Attic: No
  • Street Number Modifier: 201

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Masonry, Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Private, Asphalt

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

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: 0.1100
  • Lot Description: Level Lot
  • Zoning: RES

Multi Family

  • Gross Annual Income: 34800
  • Unit Count: 3
  • Total Multi Family: 12
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 6456
  • Total Assessed Value: 118740
  • Mil Rate Base: 54.370
  • Mil Rate Total: 54.370
  • Assessor Parcel Number: 25910

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

Closed on
Apr 3, 2018
Sold by
Carroll Mark
Bought by
Island Property Llc
Total Days on Market
55
Current Estimated Value
$421,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,250
Outstanding Balance
$104,375
Interest Rate
4.38%
Mortgage Type
Unknown
Estimated Equity
$316,895

Purchase Details

Listed on
Aug 3, 2017
Closed on
Oct 31, 2017
Sold by
201 Clermont Llc
Bought by
Carroll Mark
Seller's Agent
Michael Kovac
Higgins Group Real Estate
Buyer's Agent
Michael Kovac
Higgins Group Real Estate
List Price
$174,500
Sold Price
$169,750
Premium/Discount to List
-$4,750
-2.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.63%

Purchase Details

Listed on
Jan 17, 2012
Closed on
Apr 11, 2013
Sold by
Khan Arshad
Bought by
201 Clermont Llc
Seller's Agent
Rosanna Nadal
Waldde Realty Group
Buyer's Agent
Rosanna Nadal
Waldde Realty Group
List Price
$119,000
Sold Price
$65,000
Premium/Discount to List
-$54,000
-45.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.26%

Purchase Details

Listed on
Jan 17, 2012
Closed on
Mar 18, 2013
Sold by
Zuniga Samuel
Bought by
Kahn Arshad
Seller's Agent
Rosanna Nadal
Waldde Realty Group
Buyer's Agent
Rosanna Nadal
Waldde Realty Group
List Price
$119,000
Sold Price
$65,000
Premium/Discount to List
-$54,000
-45.38%

Purchase Details

Closed on
Apr 17, 2007
Sold by
Baker Christine
Bought by
Zuniga Samuel

Purchase Details

Closed on
Mar 10, 2000
Sold by
Hoyt Edward F
Bought by
Baker Christine
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed $169,750 --
Warranty Deed $169,750 --
Quit Claim Deed -- --
Quit Claim Deed -- --
Warranty Deed $65,000 --
Warranty Deed $65,000 --
Warranty Deed $318,558 --
Warranty Deed $318,558 --
Warranty Deed $121,600 --
Warranty Deed $121,600 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $120,250 Unknown
Closed $120,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2019 06/15/19 Rented $1,250 0.0% --
06/14/2019 06/14/19 Under Contract -- -- --
06/14/2019 06/14/19 For Rent $1,250 0.0% --
10/23/2017 10/23/17 Sold $169,750 -2.7% $50 / Sq Ft
09/27/2017 09/27/17 Pending -- -- --
08/03/2017 08/03/17 For Sale $174,500 +168.5% $52 / Sq Ft
03/21/2013 03/21/13 Sold $65,000 -45.4% $27 / Sq Ft
02/19/2013 02/19/13 Pending -- -- --
01/17/2012 01/17/12 For Sale $119,000 -- $49 / 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
2024 $8,165 $187,910 $59,730 $128,180
2023 $8,165 $187,910 $59,730 $128,180
2022 $8,165 $187,910 $59,730 $128,180
2021 $8,165 $187,910 $59,730 $128,180
2020 $6,411 $118,740 $19,670 $99,070
2019 $6,411 $118,740 $19,670 $99,070
2018 $6,456 $118,740 $19,670 $99,070
2017 $6,456 $118,740 $19,670 $99,070
2016 $6,456 $118,740 $19,670 $99,070
2015 $6,821 $161,640 $34,270 $127,370
2014 $6,821 $161,640 $34,270 $127,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170001755

SmartMLS

APN: BRID-001803-000004