NOT LISTED FOR SALE

40 Elmwood Ave Unit 42 Bridgeport, CT 06605

West End-West Side Neighborhood

Estimated Value: $410,200 - $587,000

6 Beds
3 Baths
3,500 Sq Ft
$149/Sq Ft Est. Value

Last Sold July 14, 2021

Last sale price $350,000 $100 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,360/month

80 Days on Market

Highlights

  • Attic
  • Balcony
  • Property is near shops
  • No HOA
  • Porch
  • 1-minute walk to Wood Park

About This Home

As of July 2021

Spacious 2 Family home with a finished attic (Studio apartment). Great investor opportunity. Private driveway and appealing wrap-around front porch. Both first and second floors have Eat-in kitchens, formal dining rooms and large living-rooms with Hardwood flooring. ample-sized Bedrooms and Baths throughout with large windows and high ceilings. Make your appointment today!

Last Agent to Sell the Property

Cisco Borres

RE/MAX Right Choice License #RES.0804862 Listed on: 03/15/2021

RE/MAX Right Choice

Last Buyer's Agent

Craig Oshrin

RE/MAX Heritage License #RES.0799948

RE/MAX Heritage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,575

Year Built

  • Built in 1915

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 3,500 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Walkup Attic

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • Private Driveway
  • Paved Parking

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Rain Gutters
  • Porch

Location

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

Utilities

  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,575

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Neighborhood: West End
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 3500
  • Public Record Living Room Sq Ft: 3500
  • Total Sq Ft: 3500
  • Year Built: 1915
  • Nearby Amenities: Basketball Court, Medical Facilities, Park, Playground/Tot Lot, Private School(s), Shopping/Mall, Tennis Courts, Walk to Bus Lines
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 5388
  • Directions: GPS Friendly
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Walk-up
  • Basement Description: Full, Unfinished
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: Yes

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Paved, Driveway
  • Driveway Type: Private, Asphalt

Utilities

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

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.1200
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: RB

Multi Family

  • Unit Count: 3
  • Total Multi Family: 13
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 6575
  • Mil Rate Base: 53.990
  • Assessor Parcel Number: 18015

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
Mar 15, 2021
Closed on
Jul 14, 2021
Sold by
Vargas Benjamin and Vargas Carmen L
Bought by
Ivan Dhanraj
Seller's Agent
Cisco Borres
RE/MAX Right Choice
Buyer's Agent
Craig Oshrin
RE/MAX Heritage
List Price
$325,000
Sold Price
$350,000
Premium/Discount to List
$25,000
7.69%
Current Estimated Value
$520,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,550
Avg. Annual Appreciation
9.42%
Original Mortgage
$338,318
Outstanding Balance
$306,971
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$213,579
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
Ivan Dhanraj $350,000 None Available
Ivan Dhanraj $350,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ivan Dhanraj $338,318
Closed Ivan Dhanraj $338,318
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2021 07/14/21 Sold $350,000 +7.7% $100 / Sq Ft
06/03/2021 06/03/21 Pending -- -- --
03/15/2021 03/15/21 For Sale $325,000 -- $93 / 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 $7,560 $174,000 $52,080 $121,920
2024 $7,560 $174,000 $52,080 $121,920
2023 $7,560 $174,000 $52,080 $121,920
2022 $7,560 $174,000 $52,080 $121,920
2021 $7,560 $174,000 $52,080 $121,920
2020 $6,575 $121,790 $21,690 $100,100
2019 $6,575 $121,790 $21,690 $100,100
2018 $6,622 $121,790 $21,690 $100,100
2017 $6,622 $121,790 $21,690 $100,100
2016 $6,622 $121,790 $21,690 $100,100
2015 $7,160 $169,660 $26,250 $143,410
2014 $7,160 $169,660 $26,250 $143,410
Source: Public Records

Agents Affiliated with this Home

  • Cisco Borres

    Seller's Agent in 2021

    Cisco Borres

    RE/MAX

    (203) 209-9306

    1 in this area

    89 Total Sales

    Cisco Borres
    Section Image

  • C

    Buyer's Agent in 2021

    Craig Oshrin

    RE/MAX

    Section Image
  • Neisha Oliver

    Buyer Co-Listing Agent in 2021

    Neisha Oliver

    Coldwell Banker Realty

    (203) 424-7433

    1 in this area

    20 Total Sales

    Neisha Oliver
    Section Image
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Map

Source: SmartMLS

MLS Number: 170380710

SmartMLS

APN: BRID-001123-000011

Connecticut Fairfield County Bridgeport 06605 West End-West Side

40 Elmwood Ave Unit 42, Bridgeport, CT

Not Listed for Sale

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