NOT LISTED FOR SALE

503 Colorado Ave Unit 505 Bridgeport, CT 06605

West End-West Side Neighborhood

Estimated Value: $535,379 - $666,000

6 Beds
3 Baths
3,254 Sq Ft
$188/Sq Ft Est. Value

Last Sold June 24, 2021

Last sale price $385,000 $118 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,592/month

6 Days on Market

Highlights

  • Property is near public transit
  • Enclosed Patio or Porch
  • Ceiling Fan
  • No HOA
  • Public Transportation
  • Concrete Flooring

About This Home

As of June 2021

This legal three family Multi Unit in Bridgeport is perfect for Investors! The first and second floor units have identical square footage, while the third unit is just a little smaller. It is fully occupied right now with long term tenants, but all their leases are up in June or July. The second and third floor units have laundry hook up on their floor, while the first floor unit utilizes the basement. This property brings in a gross income of $3,150 a month with the potential to increase rents. The location of this property is close to Highways, Train Stations, and great shopping areas. This Property is an investor's dream!

Last Agent to Sell the Property

Frank Pistecchia

Keller Williams Realty License #RES.0815096 Listed on: 04/08/2021

Keller Williams Realty

Last Buyer's Agent

Justin DeCrosta

William Raveis Real Estate License #RES.0812729

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,292

Year Built

  • Built in 1890

Lot Details

  • 3,920 Sq Ft Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 3,254 Sq Ft Home
  • Ceiling Fan
  • Concrete Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • Shared Driveway
  • Paved Parking
  • On-Street Parking

Outdoor Features

  • Enclosed Patio or Porch
  • Rain Gutters

Location

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

Utilities

  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Additional Features

  • Public Transportation
  • Gross Income $3,150

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,292

Year Built

Built in 1890

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: 3254
  • Public Record Living Room Sq Ft: 3254
  • Total Sq Ft: 3254
  • Year Built: 1890
  • Nearby Amenities: Commuter Bus, Library, Park, Public Transportation, Walk to Bus Lines
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 5302
  • Directions: USE GPS
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Full, Unfinished, Concrete Floor
  • Laundry Room Location: 1st Flr Bmt Hookup, 2nd and 3rd in Unit
  • Laundry Room Info: Basement Hook-Up(s), Hook-Up In Unit 2, Hook-Up In Unit 3
  • Attic: No
  • Street Number Modifier: 503

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Paved, On Street Parking
  • Driveway Type: Shared, Paved

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: 50 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.0900
  • Lot Description: Level Lot
  • Zoning: RB

Multi Family

  • Gross Annual Income: 3150
  • Unit Count: 3
  • Total Multi Family: 18
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 6292
  • Total Assessed Value: 116540
  • Mil Rate Base: 53.990
  • Mil Rate Total: 53.990
  • Assessor Parcel Number: 20187

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2021
Closed on
Jun 23, 2021
Sold by
Delossantos Ciano D and Delossantos Felipe Ruben
Bought by
Gomes Domingo and Gomes Merelin
Seller's Agent
Frank Pistecchia
Keller Williams Realty
Buyer's Agent
Justin DeCrosta
William Raveis Real Estate
List Price
$379,000
Sold Price
$385,000
Premium/Discount to List
$6,000
1.58%
Current Estimated Value
$610,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,845
Avg. Annual Appreciation
7.00%

Purchase Details

Closed on
Jan 14, 2021
Sold by
Delossantos Ciano
Bought by
Delossantos Ciano and Delossantos Felipe Ruben

Purchase Details

Closed on
Feb 10, 2020
Sold by
Cintron Carmen
Bought by
Delossantos Diano

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 1999
Sold by
Falcon Damon A
Bought by
Rodriguez Carmen
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
Gomes Domingo $385,000 None Available
Gomes Domingo $385,000 None Available
Delossantos Ciano -- None Available
Delossantos Ciano -- None Available
Delossantos Diano $134,000 None Available
Delossantos Diano $134,000 None Available
Rodriguez Carmen $5,000 --
Rodriguez Carmen $5,000 --
Rodriguez Carmen $5,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Delossantos Diano $100,000
Previous Owner Rodriguez Carmen $97,000
Previous Owner Rodriguez Carmen $37,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2021 06/24/21 Sold $385,000 +1.6% $118 / Sq Ft
04/14/2021 04/14/21 Pending -- -- --
04/08/2021 04/08/21 For Sale $379,000 -- $116 / 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 $4,045 $93,100 $47,260 $45,840
2024 $4,045 $93,100 $47,260 $45,840
2023 $4,045 $93,100 $47,260 $45,840
2022 $4,045 $93,100 $47,260 $45,840
2021 $4,045 $93,100 $47,260 $45,840
2020 $6,292 $116,540 $18,620 $97,920
2019 $6,292 $116,540 $18,620 $97,920
2018 $6,336 $116,540 $18,620 $97,920
2017 $6,336 $116,540 $18,620 $97,920
2016 $6,336 $116,540 $18,620 $97,920
2015 $6,689 $158,510 $28,170 $130,340
2014 $6,689 $158,510 $28,170 $130,340
Source: Public Records

Agents Affiliated with this Home

  • Frank Pistecchia

    Seller's Agent in 2021

    Frank Pistecchia

    Keller Williams Realty

    (914) 224-6108

    3 in this area

    38 Total Sales

    Frank Pistecchia
    Section Image
  • Justin DeCrosta

    Buyer's Agent in 2021

    Justin DeCrosta

    William Raveis Real Estate

    (203) 435-8019

    1 in this area

    47 Total Sales

    Justin DeCrosta
    Section Image
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Map

Source: SmartMLS

MLS Number: 170367226

SmartMLS

APN: BRID-001242-000019

Connecticut Fairfield County Bridgeport 06605 West End-West Side

503 Colorado Ave Unit 505, Bridgeport, CT

This home is located at 503 Colorado Ave Unit 505, Bridgeport, CT 06605 since 08 April 2021 and is currently estimated at $610,845, approximately $187 per square foot. This property was built in 1890. 503 Colorado Ave Unit 505 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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