NOT LISTED FOR SALE

288 Olive St Unit 292 Bridgeport, CT 06604

The Hollow Neighborhood

Estimated Value: $438,000 - $810,701

6 Beds
3 Baths
3,806 Sq Ft
$152/Sq Ft Est. Value

Last Sold July 21, 2021

Last sale price $375,000 $99 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,894/month

18 Days on Market

Highlights

  • Beach Access
  • No HOA
  • Covered Deck
  • ENERGY STAR Certified Homes
  • 3 Car Detached Garage
  • Programmable Thermostat

About This Home

As of July 2021

Here Is a Wonderful Investment Opportunity to Collect and Count Your Returns From This Legal 3 Family Well Maintained Conditioned investment. It Offers A Well Serviced Heating Furnace, Hot Water Heaters, Roof, Siding, Updated Bath, Full Basement With Laundry Hookups and Storage Plus Professional Landscaping, Private Fenced Corner Lot With Oversized 3 Car Garage For Additional Income. Tremendous Investment, tenants in place with reliable month-to-month leasing occupancy. This deal will not last.

Schedule Your Showing and Wait for Confirmation, 24 hours or 48 hours notice will be required due to tenants.

Last Listed By

Odaine Jones

GLR ESTATES LLC License #REB.0793225 Listed on: 05/10/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,244

Year Built

  • Built in 1932

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Concrete Siding
  • Vinyl Siding

Interior Spaces

  • Concrete Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Storage

Home Security

  • Smart Lights or Controls
  • Smart Thermostat

Parking

  • 3 Car Detached Garage
  • Private Driveway
  • Off-Street Parking

Eco-Friendly Details

  • Energy-Efficient Lighting
  • ENERGY STAR Certified Homes

Outdoor Features

  • Beach Access
  • Covered Deck

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Programmable Thermostat

Additional Features

  • Modified Wall Outlets
  • Property is near a bus stop

Listing and Financial Details

  • Exclusions: washer and dryer in basement

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Additional Features

  • Laundry Facilities
  • Gross Income $3,501

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,244

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Neighborhood: Central
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors, 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 2824
  • Public Record Living Room Sq Ft: 2824
  • Sq Ft Est Heated Below Grade: 982
  • Total Sq Ft: 3806
  • Year Built: 1932
  • Nearby Amenities: Basketball Court, Health Club, Private Rec Facilities, Private School(s), Walk to Bus Lines
  • Remarks Public Addendum: Investors take notice, here's a very well-maintained 3 family residential, and a great addition to your investment portfolio. Great paying tenants in place.
  • Property Sub Type: 3 Family
  • Exclusions: washer and dryer in basement
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 4305
  • Directions: Park Ave to Olive street.
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Full With Walk-Out, Unfinished, Concrete Floor, Storage
  • Laundry Room Info: Basement Hook-Up(s), Common Laundry Area
  • Attic: No
  • Home Automation: Electric Outlet(s), Lighting, Thermostat(s)
  • Street Number Modifier: 288

Exterior Features

  • Exterior Features: Covered Deck
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Beach Rights
  • Swimming Pool: No
  • Construction Description: Frame, Concrete

Garage/Parking

  • Garage Parking Info: Detached Garage, Paved, Off Street Parking
  • Garages Number: 3
  • Driveway Type: Private, Cement

Utilities

  • Cooling System: Window Unit
  • Heat Type: Gas on Gas
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: 30 Gallon Tank, 40 Gallon Tank, Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Sewer Usage Fee Annual: 600

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: 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

Green Features

  • Energy Features: Energy Star Rated, Programmable Thermostat

Lot Info

  • Acres: 0.1000
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: RB

Multi Family

  • Gross Annual Income: 3501
  • Net Operating Income: 40012
  • Unit Count: 3
  • Total Multi Family: 12
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 7244
  • Total Assessed Value: 134170
  • Mil Rate Base: 53.990
  • Mil Rate Total: 53.990
  • Assessor Parcel Number: 16881

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
Sep 12, 2018
Closed on
Jun 4, 2019
Sold by
Mcdillon Holdings Inc
Bought by
Lewis Colin
Seller's Agent
John Hackett
William Raveis Real Estate
Buyer's Agent
Odaine Jones
GLR ESTATES LLC
List Price
$239,500
Sold Price
$231,500
Premium/Discount to List
-$8,000
-3.34%
Total Days on Market
18
Current Estimated Value
$577,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$345,675
Avg. Annual Appreciation
16.51%
Original Mortgage
$176,250
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 12, 2018
Closed on
May 30, 2019
Sold by
Lewis Colin
Bought by
My Lineage Llc
Seller's Agent
John Hackett
William Raveis Real Estate
Buyer's Agent
Odaine Jones
GLR ESTATES LLC
List Price
$239,500
Sold Price
$231,500
Premium/Discount to List
-$8,000
-3.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,250
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 1993
Sold by
Citicorp Mtg
Bought by
Mcdillon Holdings

Purchase Details

Closed on
Jul 8, 1987
Sold by
Gallucci Adelio
Bought by
Tandayamo Ricardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,400
Interest Rate
10.71%
Mortgage Type
Purchase Money Mortgage

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 Buyer Sale Price Title Company
Lewis Colin $235,000 --
Lewis Colin $235,000 --
My Lineage Llc -- --
Mcdillon Holdings $20,000 --
Mcdillon Holdings $20,000 --
Tandayamo Ricardo $170,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yeboah Jeffrey O $368,207
Closed Tandayamo Ricardo $176,250
Previous Owner Tandayamo Ricardo $96,000
Previous Owner Tandayamo Ricardo $153,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2021 07/21/21 Sold $375,000 -1.8% $99 / Sq Ft
05/28/2021 05/28/21 Pending -- -- --
05/10/2021 05/10/21 For Sale $382,000 +65.0% $100 / Sq Ft
05/30/2019 05/30/19 Sold $231,500 -3.3% $82 / Sq Ft
04/16/2019 04/16/19 Pending -- -- --
02/28/2019 02/28/19 For Sale $239,500 0.0% $85 / Sq Ft
02/01/2019 02/01/19 Pending -- -- --
10/24/2018 10/24/18 Price Changed $239,500 -7.7% $85 / Sq Ft
09/12/2018 09/12/18 For Sale $259,500 -- $92 / 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 $8,151 $187,600 $39,060 $148,540
2023 $8,151 $187,600 $39,060 $148,540
2022 $8,151 $187,600 $39,060 $148,540
2021 $8,151 $187,600 $39,060 $148,540
2020 $7,244 $134,170 $18,490 $115,680
2019 $7,244 $134,170 $18,490 $115,680
2018 $7,295 $134,170 $18,490 $115,680
2017 $7,295 $134,170 $18,490 $115,680
2016 $7,295 $134,170 $18,490 $115,680
2015 $7,780 $184,350 $38,490 $145,860
2014 $7,780 $184,350 $38,490 $145,860
Source: Public Records

Agents Affiliated with this Home

  • Odaine Jones

    Seller's Agent in 2021

    Odaine Jones

    GLR ESTATES LLC

    (203) 590-0479

    1 in this area

    50 Total Sales

    Odaine Jones
    Section Image

  • L

    Buyer's Agent in 2021

    Leonard Gordon

    Taylor Gordon & Company

    (404) 207-9815

    Section Image
  • John Hackett

    Seller's Agent in 2019

    John Hackett

    William Raveis Real Estate

    (203) 543-2697

    2 in this area

    230 Total Sales

    John Hackett
    Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170394970

SmartMLS

APN: BRID-001033-000001

Connecticut Fairfield County Bridgeport 06604 The Hollow

288 Olive St Unit 292, Bridgeport, CT

Homes for Sale in Bridgeport, CT

This home is located at 288 Olive St Unit 292, Bridgeport, CT 06604 since 10 May 2021 and is currently estimated at $577,175, approximately $151 per square foot. This property was built in 1932. 288 Olive St Unit 292 is a home located in Fairfield County with nearby schools including James J. Curiale 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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