NOT LISTED FOR SALE

23 Linen Ave Unit 27 Bridgeport, CT 06604

The Hollow Neighborhood

Estimated Value: $268,463 - $525,000

8 Beds
3 Baths
3,015 Sq Ft
$140/Sq Ft Est. Value

Last Sold December 06, 2023

Last sale price $420,000 $139 Per Sq Ft

Current estimated payment $2,994/month

8 Days on Market

Highlights

  • Property is near public transit
  • Baseboard Heating
  • Level Lot
  • Public Transportation
  • Concrete Flooring
  • 5-minute walk to Lafayette Park (Nanny Goat)

About This Home

As of December 2023

High-Potential 3-family opportunity in Bridgeport, CT! Consisting of two 3-bedroom units and one 2-bedroom unit, all with tenant-paid utilities. Currently operating at a 7% cap rate, this property offers immediate returns with a promising upside. With the potential to increase rents and add value, along with low owner expenses, this is an investor's dream. Don't miss out - inquire today!

Last Listed By

Rebecca Berner

Eagle Eye Realty PLLC License #RES.0819705 Listed on: 08/09/2023

Eagle Eye Realty PLLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,806

Year Built

  • Built in 1914

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot

Parking

  • 6 Parking Spaces

Home Design

  • Flat Roof Shape
  • Concrete Foundation
  • Frame Construction
  • Flat Tile Roof
  • Aluminum Siding

Interior Spaces

  • 3,015 Sq Ft Home
  • Concrete Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near public transit
  • Property is near a bus stop

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

  • 3 Units
  • Public Transportation
  • Gross Income $46,200

Listing and Financial Details

  • Assessor Parcel Number 16533

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,806

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Neighborhood: West End
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 3015
  • Total Sq Ft: 3015
  • Year Built: 1914
  • New Construction: No/Resale
  • Nearby Amenities: Park, Public Transportation, Walk to Bus Lines
  • Association Amenities: None
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4871
  • Directions: North Street To Pequonock To Linen Avenue
  • Financing Used: FHA
  • Living Area Sq Ft Per Public Record: 3015
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement Description: Full, Concrete Floor
  • Attic: No
  • Street Number Modifier: 23

Exterior Features

  • Exterior Siding: Aluminum
  • Foundation Type: Concrete
  • Roof Information: Flat
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Total Parking Spaces: 6
  • Garage And Parking: Driveway, Paved

Utilities

  • Cooling System: None
  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: Non Applicable
  • Hot Water Description: 30 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

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

Lot Info

  • Acres: 0.15
  • Lot Description: Level Lot
  • Zoning: RC
  • Parcel #: 16533

Multi Family

  • Gross Annual Income: 46200
  • Net Operating Income: 28391
  • Total Number Of Units: 3
  • Unit Count: 3

Tax Info

  • Property Tax: 7806
  • Total Assessed Value: 179660
  • Mil Rate Total: 43.45

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2021
Sold by
Pans Realty Of Shelton
Bought by
Re Fund 2 Bridgeport Llc
Total Days on Market
8
Current Estimated Value
$420,616

Purchase Details

Closed on
Oct 4, 2010
Sold by
Aurora Loan Svcng Llc
Bought by
Pans Realty Shelton Ll

Purchase Details

Closed on
Jun 16, 2010
Sold by
Magan John
Bought by
Aurora Loan Services L

Purchase Details

Closed on
Jan 3, 2006
Sold by
Rodriguez Juan
Bought by
Morgan John and Morgan Antoinette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,200
Interest Rate
6.39%

Purchase Details

Closed on
Mar 3, 2004
Sold by
Pires Sergio and Pires Gumersinda
Bought by
Rodriguez Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
5.62%

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
Re Fund 2 Bridgeport Llc $195,000 None Available
Re Fund 2 Bridgeport Llc $195,000 None Available
Pans Realty Shelton Ll $85,000 --
Pans Realty Shelton Ll $85,000 --
Aurora Loan Services L -- --
Aurora Loan Services L -- --
Morgan John $309,000 --
Morgan John $309,000 --
Rodriguez Juan $240,000 --
Rodriguez Juan $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aucacama-Tamay Segundo P $376,475
Previous Owner Rodriguez Juan $247,200
Previous Owner Rodriguez Juan $204,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2023 12/06/23 Sold $420,000 +5.0% $139 / Sq Ft
08/17/2023 08/17/23 Pending -- -- --
08/09/2023 08/09/23 For Sale $400,000 -- $133 / 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 $7,806 $179,660 $42,310 $137,350
2023 $7,806 $179,660 $42,310 $137,350
2022 $7,806 $179,660 $42,310 $137,350
2021 $7,806 $179,660 $42,310 $137,350
2020 $7,320 $135,580 $20,030 $115,550
2019 $7,320 $135,580 $20,030 $115,550
2018 $7,371 $135,580 $20,030 $115,550
2017 $7,371 $135,580 $20,030 $115,550
2016 $7,371 $135,580 $20,030 $115,550
2015 $8,110 $192,170 $41,690 $150,480
2014 $8,110 $192,170 $41,690 $150,480
Source: Public Records

Agents Affiliated with this Home

  • Rebecca Berner

    Seller's Agent in 2023

    Rebecca Berner

    Eagle Eye Realty PLLC

    (203) 444-0566

    1 in this area

    15 Total Sales

    Rebecca Berner
    Section Image
  • Nathaniel Correa

    Buyer's Agent in 2023

    Nathaniel Correa

    Smart Realty Services Corp

    (203) 247-8512

    7 in this area

    165 Total Sales

    Nathaniel Correa
    Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170589896

SmartMLS

APN: BRID-001014-000010

Connecticut Fairfield County Bridgeport 06604 The Hollow

23 Linen Ave Unit 27, Bridgeport, CT

Homes for Sale in Bridgeport, CT

This home is located at 23 Linen Ave Unit 27, Bridgeport, CT 06604 since 09 August 2023 and is currently estimated at $420,616, approximately $139 per square foot. This property was built in 1914. 23 Linen Ave Unit 27 is a home located in Fairfield County with nearby schools including Geraldine Johnson School, Bassick High School, and Catholic Academy of Bridgeport-St. Raphael 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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