NOT LISTED FOR SALE

324 Lenox Ave Unit 326 Bridgeport, CT 06605

West End-West Side Neighborhood

Estimated Value: $490,000 - $645,000

7 Beds
3 Baths
3,416 Sq Ft
$171/Sq Ft Est. Value

Last Sold August 14, 2023

Last sale price $430,000 $126 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,798/month

20 Days on Market

Highlights

  • The property is located in a historic district
  • No HOA
  • Concrete Flooring
  • Property is near public transit
  • Public Transportation
  • Level Lot

About This Home

As of August 2023

Prime 3-family property in Bridgeport's West End! Each unit features 2 bedrooms and 1 bath. Currently boasting a solid 7.5% cap rate, this property offers substantial upside potential. With solid tenants, well-maintained units, and the opportunity to increase rents, this investment is a true value-add opportunity. Whether you're looking to owner-occupy or invest, don't miss out on this excellent property in the sought-after West End of Bridgeport. Act now to secure your future in real estate!

Last Agent to Sell the Property

Rebecca Berner

Eagle Eye Realty PLLC License #RES.0819705 Listed on: 05/17/2023

Eagle Eye Realty PLLC

Last Buyer's Agent

Aziz Seyal

William Raveis Real Estate License #REB.0758112

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,369

Year Built

  • Built in 1920

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot

Parking

  • Off-Street Parking

Home Design

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

Interior Spaces

  • 3,416 Sq Ft Home
  • Concrete Flooring

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Basement

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

Location

  • Property is near public transit
  • Property is near a bus stop
  • The property is located in a historic district

Utilities

  • Heating System Uses Natural Gas
  • Fuel Tank Located in Basement

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Additional Features

  • Public Transportation
  • Gross Income $48,804

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,369

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Neighborhood: West End
  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 3416
  • Public Record Living Room Sq Ft: 3416
  • Total Sq Ft: 3416
  • Year Built: 1920
  • Nearby Amenities: Public Transportation, Walk to Bus Lines
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5676
  • Tax Year Updated Dt: 06/19/2023
  • Directions: Between Maplewood Ave & Dewey
  • Special Features: None

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Full, Concrete Floor, Interior Access
  • Laundry Room Info: Hook-Up In Unit 1
  • Attic: No
  • Street Number Modifier: 324

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Off Street Parking

Utilities

  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: In Basement
  • Hot Water Description: 30 Gallon Tank, Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.1000
  • Lot Description: Historic District, Level Lot
  • Zoning: RC

Multi Family

  • Gross Annual Income: 48804
  • Net Operating Income: 32024
  • Unit Count: 3
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 7369
  • Total Assessed Value: 169590
  • Mil Rate Base: 43.450
  • Mil Rate Total: 43.450
  • Assessor Parcel Number: 19228

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
Feb 16, 2017
Sold by
Tungs Realty Llc
Bought by
Mandy Realty Llc
Current Estimated Value
$583,667

Purchase Details

Closed on
Mar 30, 2015
Sold by
Kimber Realty Llc
Bought by
Tungs Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,200,000
Interest Rate
3.76%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 3, 2009
Sold by
Plains Limited
Bought by
Kimber Realty Llc

Purchase Details

Closed on
Jun 15, 2009
Sold by
Jp Morgan Chase Bank N
Bought by
Plains Limited

Purchase Details

Closed on
Nov 14, 2005
Sold by
Atkinson Frank
Bought by
Tobias Marcelo

Purchase Details

Closed on
Mar 21, 2000
Sold by
Melisi Matthew A
Bought by
Atkinson Frank L

Purchase Details

Closed on
Aug 18, 1999
Sold by
324 Lenox Avenue Llc
Bought by
Melisi Matthew A

Purchase Details

Closed on
Oct 15, 1998
Sold by
Billings Irene and Sorgenti Paul
Bought by
3 Zylenox Ave Llc
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
Mandy Realty Llc -- --
Mandy Realty Llc -- --
Tungs Realty Llc -- --
Tungs Realty Llc -- --
Kimber Realty Llc -- --
Kimber Realty Llc -- --
Plains Limited $131,500 --
Plains Limited $131,500 --
Tobias Marcelo $290,000 --
Tobias Marcelo $290,000 --
Atkinson Frank L $130,000 --
Atkinson Frank L $130,000 --
Melisi Matthew A $60,000 --
3 Zylenox Ave Llc $46,005 --
3 Zylenox Ave Llc $46,005 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rene Jean $322,500
Previous Owner Tungs Realty Llc $2,200,000
Previous Owner 3 Zylenox Ave Llc $332,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2023 08/14/23 Sold $430,000 +1.2% $126 / Sq Ft
06/06/2023 06/06/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $425,000 0.0% $124 / Sq Ft
05/24/2023 05/24/23 Pending -- -- --
05/17/2023 05/17/23 For Sale $425,000 -- $124 / 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 $7,418 $170,730 $49,760 $120,970
2024 $7,418 $170,730 $49,760 $120,970
2023 $7,369 $169,590 $49,760 $119,830
2022 $7,369 $169,590 $49,760 $119,830
2021 $7,369 $169,590 $49,760 $119,830
2020 $6,993 $129,530 $30,160 $99,370
2019 $6,993 $129,530 $30,160 $99,370
2018 $7,043 $129,530 $30,160 $99,370
2017 $7,043 $129,530 $30,160 $99,370
2016 $7,043 $129,530 $30,160 $99,370
2015 $7,759 $183,860 $45,610 $138,250
2014 $7,759 $183,860 $45,610 $138,250
Source: Public Records

Agents Affiliated with this Home

  • Rebecca Berner

    Seller's Agent in 2023

    Rebecca Berner

    Eagle Eye Realty PLLC

    (203) 444-0566

    2 in this area

    18 Total Sales

    Section Image
  • Aziz Seyal

    Buyer's Agent in 2023

    Aziz Seyal

    William Raveis Real Estate

    (203) 209-9396

    13 in this area

    208 Total Sales

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Map

Source: SmartMLS

MLS Number: 170570100

SmartMLS

APN: BRID-001206-000012

Connecticut Fairfield County Bridgeport 06605 West End-West Side

324 Lenox Ave Unit 326, Bridgeport, CT

This home is located at 324 Lenox Ave Unit 326, Bridgeport, CT 06605 since 17 May 2023 and is currently estimated at $583,667, approximately $170 per square foot. This property was built in 1920. 324 Lenox Ave Unit 326 is a home located in Fairfield County with nearby schools including Bryant Elementary School, Bassick High School, and New Beginnings Family 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.

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