NOT LISTED FOR SALE

Estimated Value: $186,000 - $228,000

2 Beds
2 Baths
1,111 Sq Ft
$339/mo HOA Fee

Last Sold August 05, 2022

Last sale price $150,500 $135 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,764/month

72 Days on Market

Highlights

  • 24-Hour Security
  • Property is near public transit
  • Walking Distance to Water
  • Open Floorplan
  • Ranch Style House
  • Storm Windows

About This Home

As of August 2022

Amazing NYC loft-style unit in historic Warner Brothers Corset Factory. This industrial building was restored into modern and chic living spaces . You will fall in love with the open layout, high ceilings, exposed brick, wood beams and a New York feel! This unit boasts 2 bedrooms, 2 full bathrooms, updated kitchen with stainless steel appliances and hardwood floors throughout. Enjoy central air, efficient gas heat, a secured parking area, low property taxes and much more. Walking distance to the University if Bridgeport, Seaside Park, Long Island Sound and Metro North. Close proximity to I-95, Harbor Yard Stadium and the Long Island Ferry. This unit would make a phenomenal investment property or a great home. Shared laundry facility located in basement. Water is included in HOA fee. This is a pet friendly complex. Tenant in place. Tenant has a lease through 8/31/22 and would like to stay.

Last Agent to Sell the Property

Gina Williams

Preston Gray Real Estate License #RES.0814726 Listed on: 03/31/2021

Last Buyer's Agent

Scheri Walker

Sette Real Estate LLC License #RES.0751634

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,198

Year Built

  • Built in 1890

HOA Fees

  • $339 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Masonry Siding

Interior Spaces

  • 1,111 Sq Ft Home
  • Open Floorplan
  • Shared Basement
  • Laundry on lower level

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Walking Distance to Water
  • Exterior Lighting

Location

  • Flood Zone Lot
  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Schools

  • Roosevelt Elementary School
  • Bassick High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, water, property management, pest control, insurance, flood insurance
  • 140 Units
  • Lofts On Lafayette Community
  • Property managed by The Property Group

Amenities

  • Public Transportation
  • Coin Laundry

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Storm Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,198

Year Built

Built in 1890

Lot Details

0

HOA Fees

$339 per month

Listing Details

  • Neighborhood: South End
  • Property Type: Condo/Co-Op For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 1111
  • Public Record Living Room Sq Ft: 1111
  • Total Sq Ft: 1111
  • Year Built: 1890
  • Nearby Amenities: Commuter Bus, Medical Facilities, Park, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Unit On Floor Number: 1
  • Public Record Gross Sq Ft: 1111
  • Tax Year Updated Dt: 07/26/2021
  • Directions: On Lafayette St. Park on street.
  • Special Features: None

Interior Features

  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Shared Basement
  • Interior Amenities: Cable - Available, Open Floor Plan
  • Appliances: Oven/Range, Microwave, Refrigerator, Freezer, Dishwasher, Disposal
  • Laundry Room Location: In shared basement
  • Laundry Room Info: Coin Op Laundry, Common Laundry Area, Lower Level
  • Attic: No
  • Street Number Modifier: 325

Exterior Features

  • Exterior Features: Lighting
  • Exterior Siding: Brick
  • Waterfront Description: Walk to Water
  • Swimming Pool: No
  • Construction Description: Brick

Garage/Parking

  • Garage Parking Info: Paved, Assigned Parking, Security
  • Garages Number: 2

Utilities

  • Cooling System: Central Air
  • 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

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Water, Property Management, Pest Control, Insurance, Flood Insurance
  • Complex Name: Lofts on Lafayette
  • Levels In Unit: 1
  • HOA Fees: 339
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No
  • Property Management Type: Professional-Off Site
  • Property Manager Email: jhollyday@thepropertygroup.net
  • Property Manager Name: Jim Hollyday
  • Property Mgt Company Name: The Property Group
  • Property Mgt Phone: 203 967 8337

Schools

  • Elementary School: Roosevelt
  • Middle School: Per Board of Ed
  • High School: Bassick
  • Intermediate School: Per Board of Ed

Green Features

  • Energy Features: Storm Windows

Lot Info

  • Lot Description: Level Lot
  • Elevation Certificate: Yes
  • Flood Zone: Yes
  • Zoning: Residential

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 3198
  • Total Assessed Value: 73610
  • Mil Rate Base: 43.450
  • Mil Rate Total: 43.450
  • Assessor Parcel Number: 2475839

Multi Family

  • Total Num Of Units: 140

MLS Schools

  • Elementary School: Roosevelt
  • Middle Jr High School: Per Board of Ed
  • High School: Bassick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2021
Closed on
Aug 5, 2022
Sold by
Bailey Eric
Bought by
Stephenson Amber
Seller's Agent
Gina Williams
Preston Gray Real Estate
Buyer's Agent
Scheri Walker
Sette Real Estate LLC
List Price
$149,900
Sold Price
$150,500
Premium/Discount to List
$600
0.4%
Current Estimated Value
$207,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,705
Avg. Annual Appreciation
13.39%
Original Mortgage
$142,975
Outstanding Balance
$136,725
Interest Rate
4.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$79,396

Purchase Details

Closed on
Jan 10, 2005
Sold by
Lancaster Gate Llc
Bought by
Bailey Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
8.25%
Source: Public Records

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Range of Values:

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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
Stephenson Amber $150,500 None Available
Stephenson Amber $150,500 None Available
Bailey Eric $135,400 --
Bailey Eric $135,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stephenson Amber $142,975
Closed Stephenson Amber $142,975
Previous Owner Bailey Eric $125,000
Previous Owner Bailey Eric $121,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2022 08/05/22 Sold $150,500 +0.4% $135 / Sq Ft
06/11/2021 06/11/21 Pending -- -- --
03/31/2021 03/31/21 For Sale $149,900 -- $135 / 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 $3,198 $73,610 $0 $73,610
2023 $3,198 $73,610 $0 $73,610
2022 $3,198 $73,610 $0 $73,610
2021 $3,198 $73,610 $0 $73,610
2020 $2,103 $38,960 $0 $38,960
2019 $2,103 $38,960 $0 $38,960
2018 $2,118 $38,960 $0 $38,960
2017 $2,118 $38,960 $0 $38,960
2016 $2,118 $38,960 $0 $38,960
2015 $7,498 $177,670 $0 $177,670
2014 $7,498 $177,670 $0 $177,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170382971

SmartMLS

APN: BRID-000525-000001-000030