NOT LISTED FOR SALE

318 Summit St Bridgeport, CT 06606

North End Neighborhood

Estimated Value: $463,393 - $643,000

5 Beds
2 Baths
2,939 Sq Ft
$194/Sq Ft Est. Value

Last Sold December 15, 2022

Last sale price $442,000 $150 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,666/month

20 Days on Market

Highlights

  • Attic
  • No HOA
  • Enclosed Patio or Porch
  • Corner Lot
  • 2 Car Detached Garage
  • Private Driveway

About This Home

As of December 2022

Well cared for Two Family home with oversized 2 car detached garage and private driveway on corner lot. Mechanicals are solid, off street parking, Level, landscaped rear yard includes a side patio and garden shed. Perfect for an investor or owner occupied and let the tenant help you pay the mortgage.
Area Rental Survey (in docs section) shows 1st floor 3 bedroom units renting for $2046 on average ($1700 to 2300+) and 2nd floor 2 bedroom units renting for $1632 on average ($1450 to 2000+). Tenants pay own utilities, landlord pays water/sewer. Less than 2000 feet to St Vincent's Medical Center (Hospital) and accessible to major highways and public transportation routes.

Last Agent to Sell the Property

Michael Sonido

William Pitt Sotheby's Int'l License #RES.0791155 Listed on: 09/29/2022

William Pitt Sotheby's Int'l

Last Buyer's Agent

Davante Mallard

eXp Realty License #RES.0813925

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,996

Year Built

  • Built in 1926

Lot Details

  • 10,019 Sq Ft Lot
  • Corner Lot

Home Design

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

Interior Spaces

  • 2,939 Sq Ft Home
  • Attic or Crawl Hatchway Insulated

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Basement Hatchway

Parking

  • 2 Car Detached Garage
  • Private Driveway

Additional Features

  • Enclosed Patio or Porch
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,996

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 2939
  • Public Record Living Room Sq Ft: 2939
  • Total Sq Ft: 2939
  • Year Built: 1926
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 4848
  • Directions: Main or Chopsey Hill to Summit . Property is at corner of Ezra. (Best to park on Ezra)
  • Special Features: None

Interior Features

  • Attic Description: Access Via Hatch
  • Basement Description: Full With Hatchway, Interior Access, Hatchway Access
  • Laundry Room Location: Kitchen
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: Yes

Exterior Features

  • Exterior Features: Porch, Porch-Enclosed
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2
  • Driveway Type: Private, Paved

Utilities

  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.2300
  • Lot Description: Corner Lot
  • Flood Zone: No
  • Zoning: RA

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 7996
  • Mil Rate Base: 43.450
  • Assessor Parcel Number: 36140

Multi Family

  • Total Num Of Units: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2022
Closed on
Dec 15, 2022
Sold by
Cardinale Anthony and Cardinale Paolo
Bought by
Phillips Sharlette
Seller's Agent
Michael Sonido
William Pitt Sotheby's Int'l
Buyer's Agent
Davante Mallard
eXp Realty
List Price
$425,000
Sold Price
$442,000
Premium/Discount to List
$17,000
4%
Views
104
Current Estimated Value
$569,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,098
Avg. Annual Appreciation
8.91%
Original Mortgage
$433,994
Outstanding Balance
$421,278
Interest Rate
7.08%
Mortgage Type
FHA
Estimated Equity
$147,820
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Phillips Sharlette $442,000 None Available
Phillips Sharlette $442,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips Sharlette $433,994
Closed Phillips Sharlette $433,994
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2022 12/15/22 Sold $442,000 +4.0% $150 / Sq Ft
10/28/2022 10/28/22 Pending -- -- --
10/07/2022 10/07/22 For Sale $425,000 -- $145 / 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 $8,040 $185,044 $67,284 $117,760
2024 $8,040 $185,044 $67,284 $117,760
2023 $7,996 $184,024 $67,284 $116,740
2022 $7,996 $184,024 $67,284 $116,740
2021 $7,996 $184,024 $67,284 $116,740
2020 $7,451 $138,010 $40,750 $97,260
2019 $7,451 $138,010 $40,750 $97,260
2018 $7,504 $138,010 $40,750 $97,260
2017 $7,504 $138,010 $40,750 $97,260
2016 $7,504 $138,010 $40,750 $97,260
2015 $7,398 $175,310 $41,140 $134,170
2014 $7,398 $175,310 $41,140 $134,170
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Michael Sonido

    William Pitt

    (203) 255-9900

    1 in this area

    9 Total Sales

    Michael Sonido
    Section Image
  • Davante Mallard

    Buyer's Agent in 2022

    Davante Mallard

    eXp Realty

    (203) 214-4441

    1 in this area

    26 Total Sales

    Davante Mallard
    Section Image
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Map

Source: SmartMLS

MLS Number: 170526474

SmartMLS

APN: BRID-002407-000024

Connecticut Fairfield County Bridgeport 06606 North End

318 Summit St, Bridgeport, CT

Not Listed for Sale

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