NOT LISTED FOR SALE

Estimated Value: $661,000 - $859,000

8 Beds
3 Baths
3,036 Sq Ft
$245/Sq Ft Est. Value

Last Sold October 30, 2023

Last sale price $598,000 $197 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,836/month

13 Days on Market

About This Home

As of October 2023

INVESTORS OR OWNER OCCUPANTS TAKE NOTICE. Monthly rental income $5,834.00! This is a fantastic opportunity for investors looking for a beautiful turnkey rental property or for those looking to live in one unit and rent out the other two. Legal 3 Family home in the North End. Separate utilities, totally renovated in 2022. Fully Rented with Section 8 tenants with annual leases. Updated electrical throughout with 200 amps with Panels in each unit. Plumbing updates, new Navian heating and water system for each unit with gas heat. This house meets all standard codes with fire marshal inspection. New fire doors throughout. Meets all current city and state codes. First floor unit has three bedrooms, a foyer and a laundry room, Second floor has three bedrooms and a laundry room and a private front enclosed porch. Third floor has two bedrooms and a large laundry room plus a storage room. All three units have washer and dryer hook up. All new stoves, new refrigerators, three washing machines, and three dryers. Wood/tile flooring, recessed lighting. All new bathrooms. Three private parking spaces in the back. Close to public transportation and I-95. This property has been well-maintained and won't last! BUYER WILL NEED TO PROVIDE PROOF OF FUNDS AND PRE-APPROVAL PRIOR TO SHOWING APPOINTMENT.

Last Agent to Sell the Property

Bob Filotei

Berkshire Hathaway NE Prop. License #RES.0769232 Listed on: 09/05/2023

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Shari Jones

Coldwell Banker Realty License #RES.0805488

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,453

Year Built

  • Built in 1912

Lot Details

  • 3,920

Parking

  • Driveway

Home Design

  • 3,036 Sq Ft Home
  • Asphalt Shingled Roof

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Schools

  • Blackham Elementary School
  • Central High School

Utilities

  • Heating System Uses Gas
  • Tankless Water Heater

Additional Features

  • Multiple Entries or Exits
  • Beach Access
  • 3,920 Sq Ft Lot

Community Details

  • 3 Units
  • Gross Income $70,008

Listing and Financial Details

  • Assessor Parcel Number 30435

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,453

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Neighborhood: North End
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 3036
  • Total Sq Ft: 3036
  • Year Built: 1912
  • New Construction: Torn Down & Rebuilt
  • Nearby Amenities: BBALL,COMBUS,HEALTH,LIBRA,MEDI,PUBTRAN,SHOP,WALK
  • Remarks Public Addendum: ATTENTION INVESTORS AND WELCOME TO BRIDGEPORT CT'S NORTH END NEIGHBORHOOD! IF YOU ARE LOOKING FOR YOUR FIRST OR NEXT SOLID MONEY MAKING INVESTMENT, OR A HOME FOR YOURSELF, THIS FULLY RENTED AND ALREADY GENERATING INCOME THREE FAMILY HOME IS FOR YOU! THIS HOME IS LOCATED AT 231-235 PARROTT AVE., BRIDGEPORT, CT. THIS IS A GREAT HOME OFFERING FIRST, SECOND AND THIRD FLOOR UNITS FULLY RENTED, THIS COMPLETELY RENOVATED 3-FAMILY MAKES IT A FABULOUS INVESTMENT. CLOSE PROXIMITY TO MAJOR HIGHWAYS, I-95, MERRITT PARKWAY, ROUTE 8, THE METRO NORTH TRAIN STATION, SHOPPING, SCHOOLS, UNIVERSITY'S AND PUBLIC TRANSPORTATION. CONVENIENT LOCATION FOR COMMUTING TO NYC AND SURROUNDING AREAS AND CT TOWNS. IT'S A REAL GEM NOT TO BE MISSED!
  • Property Sub Type: 3 Family
  • Handicap Features: Multiple Entries/Exits
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Public Record Gross Sq Ft: 5319
  • Directions: Off Capitol and Main
  • Financing Used: Assumed Conventional
  • Living Area Sq Ft Per Public Record: 3036
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement Description: FULL,UNFIN,HATCH,STOR
  • Laundry Room Location: unit
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: No
  • Street Number Modifier: 231

Exterior Features

  • Exterior Features: PATIO,PORCH,ENCLOSED,TERRACE
  • Exterior Siding: VINYL,WOOD
  • Foundation Type: H,D
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Beach Rights
  • Swimming Pool: No
  • Construction Description: A,F,H

Garage/Parking

  • Driveway Type: Asphalt
  • Garage And Parking: PAVED,ONST,ASSIGN

Utilities

  • Cooling System: None
  • Heat Type: Gas on Gas
  • Heat Fuel Type: GASST,NATGAS
  • Fuel Tank Location: Non Applicable
  • Hot Water Description: Tankless Hotwater
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Blackham
  • High School: Central
  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.09
  • Lot Description: CITY,LEVEL
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: RC
  • Parcel #: 30435

Multi Family

  • Gross Annual Income: 70008
  • Net Operating Income: 53500
  • Total Number Of Units: 3
  • Unit Count: 3

Tax Info

  • Property Tax: 8453
  • Total Assessed Value: 194540
  • Mil Rate Total: 43.45

MLS Schools

  • Elementary School: Blackham
  • High School: Central

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2023
Closed on
Oct 30, 2023
Sold by
Gatling Keith
Bought by
Bonet William
Seller's Agent
Bob Filotei
Berkshire Hathaway NE Prop.
Buyer's Agent
Shari Jones
Coldwell Banker Realty
List Price
$598,000
Sold Price
$598,000
Views
28
Current Estimated Value
$742,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,630
Avg. Annual Appreciation
7.11%
Original Mortgage
$422,250
Outstanding Balance
$415,176
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$266,696

Purchase Details

Closed on
May 10, 2001
Sold by
Palmer Troy
Bought by
Gatling Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,384
Interest Rate
6.88%

Purchase Details

Closed on
Mar 17, 1997
Sold by
Chaves Sylvia
Bought by
Palmer Troy
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
Bonet William $598,000 None Available
Gatling Keith $129,316 --
Gatling Keith $129,316 --
Palmer Troy $83,000 --
Palmer Troy $83,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bonet William $422,250
Previous Owner Palmer Troy $132,000
Previous Owner Palmer Troy $118,500
Previous Owner Palmer Troy $116,384
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2023 10/30/23 Sold $598,000 0.0% $197 / Sq Ft
09/18/2023 09/18/23 Pending -- -- --
09/05/2023 09/05/23 For Sale $598,000 -- $197 / 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 $10,790 $248,320 $64,120 $184,200
2024 $10,790 $248,320 $64,120 $184,200
2023 $8,453 $194,540 $64,120 $130,420
2022 $8,453 $194,540 $64,120 $130,420
2021 $8,453 $194,540 $64,120 $130,420
2020 $7,939 $147,040 $38,860 $108,180
2019 $7,939 $147,040 $38,860 $108,180
2018 $7,995 $147,040 $38,860 $108,180
2017 $7,995 $147,040 $38,860 $108,180
2016 $7,995 $147,040 $38,860 $108,180
2015 $7,721 $182,970 $39,190 $143,780
2014 $7,721 $182,970 $39,190 $143,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170594365

SmartMLS

APN: BRID-002109-000024