Ryzard Villa
Premier Properties of CT
(860) 362-3011
10 Total Sales
1 in East Side Bridgeport
$420,000 Price
616 Kossuth St Bridgeport, CT 06608
East Side Bridgeport Neighborhood
12
Beds
6
Baths
7,668
Sq Ft
8,276
Sq Ft Lot
Highlights
- 0.19 Acre Lot
- Balcony
- Property is near bus stop
- No HOA
- Smart Appliances
- 1-minute walk to Washington Park
About This Home
As of August 20198 Unit apartment building facing Washington Park. Two (3) bedroom apartments, Four (2) bedroom apartments and Two (1) bedroom apartments.
The property is uninhabited and will need work. There are some refrigerators and stoves missing from the property. New paint and carpeting will be required for each apartment unit. And eight 8 A/C units were stolen.The exterior siding will need repairs.
There is a mortgage of $470,000. and a loan from the City of Bridgeport for $378,000 that is forgiven in 2026.
This needs to be an "ALL CASH " Sale
The second mortgage will not be paid off. If the landlord continues to rent the apartments under the HUD guidelines the mortgage will be forgiven in 8 years. No principal or interest payments required. The HUD rent guide lines are as follows:
Regarding the rental income, HOME requires that 20% of the units are to be low home and the balance high .
The 2017 rent limits for HOME are below. This means that this is the highest amount of rent they could charge. At the same time making sure the household fits into the income qualifications. If the tenant pays the utilities directly then the landlord would be responsible for paying a utility allowance.
1 BR 2 BR 3 BR
LOW HOME RENT LIMIT 860 1,032 1,192
HIGH HOME RENT LIMIT 990 1,243 1,572
Last Agent to Sell the Property
DVB Commercial Realty LLC License #REB.0751147 Listed on: 05/04/2018
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,475
Year Built
- Built in 1869
Lot Details
- 8,276
Home Design
- Block Foundation
- Frame Construction
- Asphalt Shingled Roof
- Wood Siding
- Clap Board Siding
Interior Spaces
- 7,668 Sq Ft Home
- Concrete Flooring
- Smart Appliances
- Unfinished Basement
Bedrooms and Bathrooms
- 12 Bedrooms
- 6 Full Bathrooms
Home Security
- Smart Locks
- Smart Thermostat
Parking
- Driveway
- On-Street Parking
Additional Features
- Modified Wall Outlets
- Balcony
- 8,276 Sq Ft Lot
- Property is near bus stop
- Heating System Uses Natural Gas
Community Details
Overview
- No Home Owners Association
- 8 Units
Building Details
- Gross Income $96,000
Home Values in the Area
Average Home Value in this Area
Agents Specializing in East Side Bridgeport, CT
-
Ryzard Villa
-
Mike Albert
Mike Albert
RE/MAX RISE
(860) 845-0960
254 Total Sales
1 in East Side Bridgeport
$120,000 Price
-
Anthony D'Amore
Anthony D'Amore
eXp Realty
(833) 659-3540
73 Total Sales
2 in East Side Bridgeport
$355K - $365K Price Range
-
Joanna Escobar
Joanna Escobar
Century 21 Scala Group
(844) 967-4207
16 Total Sales
1 in East Side Bridgeport
$450,000 Price
-
Rob Rosa
Rob Rosa
Berkshire Hathaway NE Prop.
(860) 560-1786
288 Total Sales
1 in East Side Bridgeport
$460,000 Price
-
Richard Breglia
Richard Breglia
Coldwell Banker Realty
(475) 252-9021
82 Total Sales
1 in East Side Bridgeport
$450,000 Price
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/16/2019 08/16/19 | Sold | $390,000 | -13.3% | $51 / Sq Ft |
| 07/21/2019 07/21/19 | Pending | -- | -- | -- |
| 08/29/2018 08/29/18 | For Sale | $450,000 | 0.0% | $59 / Sq Ft |
| 05/24/2018 05/24/18 | Pending | -- | -- | -- |
| 05/04/2018 05/04/18 | For Sale | $450,000 | -- | $59 / Sq Ft |
Source: SmartMLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $11,310 | $260,300 | $39,470 | $220,830 |
| 2024 | $11,310 | $260,300 | $39,470 | $220,830 |
| 2023 | $11,310 | $260,300 | $39,470 | $220,830 |
| 2022 | $11,310 | $260,300 | $39,470 | $220,830 |
| 2021 | $11,310 | $260,300 | $39,470 | $220,830 |
| 2020 | $14,374 | $266,230 | $13,710 | $252,520 |
| 2019 | $14,374 | $266,230 | $13,710 | $252,520 |
| 2018 | $14,475 | $266,230 | $13,710 | $252,520 |
| 2017 | $14,475 | $266,230 | $13,710 | $252,520 |
| 2016 | $14,475 | $266,230 | $13,710 | $252,520 |
| 2015 | $10,524 | $249,380 | $21,920 | $227,460 |
| 2014 | $10,524 | $249,380 | $21,920 | $227,460 |
Source: Public Records
Agents Affiliated with this Home
-
John Zervos
Seller's Agent in 2019
John Zervos
DVB Commercial Realty LLC
(203) 856-1271
24 Total Sales
-
Robert Virgulak
Seller Co-Listing Agent in 2019
Robert Virgulak
DVB Commercial Realty LLC
(203) 434-7024
17 Total Sales
-
Martine Calixte
M
Buyer's Agent in 2019
Martine Calixte
Century 21 Scala Group
(914) 920-1459
1 Total Sale
Map
Source: SmartMLS
MLS Number: 170080343
APN: BRID M:42 B:1776 L:3
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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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