NOT LISTED FOR SALE

340 Mountain Grove St Unit 342 Bridgeport, CT 06605

West End-West Side Neighborhood

Estimated Value: $476,359 - $581,000

8 Beds
3 Baths
2,724 Sq Ft
$193/Sq Ft Est. Value

Last Sold December 20, 2023

Last sale price $420,000 $154 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,321/month

119 Days on Market

Highlights

  • Property is near public transit
  • Public Transportation
  • Baseboard Heating
  • Attic
  • Hot Water Circulator
  • Level Lot

About This Home

As of December 2023

Amazing chance to own a cash flowing 3-unit property in a growing Bridgeport neighborhood! This property consists of 3 total units, including (2) 3-bed / 1-bath and (1) 2-bed / 1-bath apartments. Utilities are separated and tenant paid, which consists of gas heating/cooking and electric. Many updates throughout including newer floors and updated roof. Currently this property is operating at an 8% cap as is with room to increase the rent in unit 1 over time! Take advantage of this opportunity while you can.

Last Agent to Sell the Property

Justin Barall

LPT Realty License #RES.0823675 Listed on: 08/23/2023

LPT Realty

Last Buyer's Agent

Nelly Cordova

Keller Williams Prestige Prop. License #RES.0796796

Keller Williams Prestige Prop.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,443

Year Built

  • Built in 1937

Lot Details

  • 3,920 Sq Ft Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 2,724 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Hot Water Circulator

Community Details

  • 3 Units
  • Public Transportation
  • Gross Income $52,200

Listing and Financial Details

  • Assessor Parcel Number 19666

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,443

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Neighborhood: West End
  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 2724
  • Total Sq Ft: 2724
  • Year Built: 1937
  • New Construction: No/Resale
  • Nearby Amenities: Basketball Court, Commuter Bus, Park, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4451
  • Directions: Maplewood Ave to Mountain Grove St
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 2724
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement Description: Full, Unfinished
  • Attic: Yes
  • Street Number Modifier: 340

Exterior Features

  • Exterior Siding: Aluminum
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage And Parking: Driveway, Unpaved, Off Street Parking

Utilities

  • Cooling System: None
  • Heat Type: Baseboard, Hot Water
  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: Non Applicable
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

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

Lot Info

  • Acres: 0.09
  • Lot Description: Level Lot
  • Zoning: RC
  • Parcel #: 19666

Multi Family

  • Gross Annual Income: 52200
  • Net Operating Income: 34659
  • Total Number Of Units: 3
  • Unit Count: 3

Tax Info

  • Property Tax: 6443
  • Total Assessed Value: 148280
  • Mil Rate Total: 43.45

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
Aug 23, 2023
Closed on
Dec 20, 2023
Sold by
Ref Ii Bridgeport De Llc
Bought by
Maza Jose B and Leon Norma L
Seller's Agent
Justin Barall
LPT Realty
Buyer's Agent
Nelly Cordova
Keller Williams Prestige Prop.
List Price
$425,000
Sold Price
$420,000
Premium/Discount to List
-$5,000
-1.18%
Views
133
Current Estimated Value
$508,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,440
Avg. Annual Appreciation
9.14%
Original Mortgage
$315,000
Outstanding Balance
$310,561
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$174,230

Purchase Details

Closed on
Jan 25, 2021
Sold by
Mandy Realty Llc
Bought by
Re Fund 2 Bridgeport Llc

Purchase Details

Closed on
Feb 16, 2017
Sold by
Tungs Realty Llc
Bought by
Mandy Realty Llc

Purchase Details

Closed on
Mar 30, 2015
Sold by
Pans Realty Of Shelton
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
Feb 1, 2010
Sold by
Plains Limited
Bought by
Pans Realty Of Shelton

Purchase Details

Closed on
Jul 21, 2009
Sold by
Diaz Rolando
Bought by
Plains Limited

Purchase Details

Closed on
Aug 22, 2005
Sold by
Dunn Robert
Bought by
Diaz Rolando

Purchase Details

Closed on
Aug 1, 2002
Sold by
Dejesus William
Bought by
Dunn Robert

Purchase Details

Closed on
Jul 24, 2001
Sold by
Rios William
Bought by
Dejesus William

Purchase Details

Closed on
Dec 11, 2000
Sold by
Wojnarski Anthony A
Bought by
Rios William
Source: Public Records

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
Maza Jose B $420,000 None Available
Maza Jose B $420,000 None Available
Re Fund 2 Bridgeport Llc $210,000 None Available
Re Fund 2 Bridgeport Llc $210,000 None Available
Mandy Realty Llc -- --
Mandy Realty Llc -- --
Tungs Realty Llc -- --
Tungs Realty Llc -- --
Pans Realty Of Shelton -- --
Pans Realty Of Shelton -- --
Plains Limited $112,000 --
Plains Limited $112,000 --
Diaz Rolando $305,000 --
Diaz Rolando $305,000 --
Dunn Robert $158,000 --
Dunn Robert $158,000 --
Dejesus William $110,000 --
Dejesus William $110,000 --
Rios William $26,909 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maza Jose B $315,000
Closed Maza Jose B $315,000
Previous Owner Tungs Realty Llc $2,200,000
Previous Owner Rios William $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2023 12/20/23 Sold $420,000 +1.2% $154 / Sq Ft
10/13/2023 10/13/23 Price Changed $415,000 -2.4% $152 / Sq Ft
08/23/2023 08/23/23 For Sale $425,000 -- $156 / 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 $6,443 $148,280 $42,570 $105,710
2024 $6,443 $148,280 $42,570 $105,710
2023 $6,443 $148,280 $42,570 $105,710
2022 $6,443 $148,280 $42,570 $105,710
2021 $6,443 $148,280 $42,570 $105,710
2020 $4,693 $86,920 $12,900 $74,020
2019 $4,693 $86,920 $12,900 $74,020
2018 $4,726 $86,920 $12,900 $74,020
2017 $4,726 $86,920 $12,900 $74,020
2016 $4,726 $86,920 $12,900 $74,020
2015 $5,142 $121,850 $19,520 $102,330
2014 $5,142 $121,850 $19,520 $102,330
Source: Public Records

Agents Affiliated with this Home

  • Justin Barall

    Seller's Agent in 2023

    Justin Barall

    LPT Realty

    (860) 810-6888

    2 in this area

    26 Total Sales

    Section Image
  • Nelly Cordova

    Buyer's Agent in 2023

    Nelly Cordova

    Keller Williams Prestige Prop.

    (203) 816-1108

    1 in this area

    79 Total Sales

    Section Image
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Map

Source: SmartMLS

MLS Number: 170593476

SmartMLS

APN: BRID-001217-000008

Connecticut Fairfield County Bridgeport 06605 West End-West Side

340 Mountain Grove St Unit 342, Bridgeport, CT

This home is located at 340 Mountain Grove St Unit 342, Bridgeport, CT 06605 since 23 August 2023 and is currently estimated at $527,090, approximately $193 per square foot. This property was built in 1937. 340 Mountain Grove St Unit 342 is a home located in Fairfield County with nearby schools including Bryant Elementary School, Bassick High School, and Park City Prep Charter School.

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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