NOT LISTED FOR SALE

79 Elmwood Ave Unit 81 Bridgeport, CT 06605

West End-West Side Neighborhood

Estimated Value: $443,167 - $655,000

6 Beds
3 Baths
3,531 Sq Ft
$158/Sq Ft Est. Value

Last Sold May 05, 2023

Last sale price $365,625 $104 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,604/month

11 Days on Market

Highlights

  • City View
  • No HOA
  • Baseboard Heating
  • 0.24 Acre Lot
  • Porch
  • 2-minute walk to Wood Park

About This Home

As of May 2023

Exceptional investment opportunity to buy a big income producing 3 family with great potential. With almost no available inventory, this may be your only chance to own a great investment opportunity in a neighborhood with a very strong rental market. This property is primed to be a cash cow for years to come and is offered at an excellent price with plenty of upside for the investor willing to put in the work to make this property shine.

Last Agent to Sell the Property

Jonathan Gineo

Silver and Oak Realty License #REB.0790984 Listed on: 03/10/2023

Co-Listed By

Alexander Cortez-Rich

Silver and Oak Realty License #RES.0797063

Last Buyer's Agent

Jonathan Gineo

Silver and Oak Realty License #REB.0790984 Listed on: 03/10/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,612

Year Built

  • Built in 1909

Lot Details

  • 10,454

Home Design

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

Interior Spaces

  • 3,531 Sq Ft Home
  • City Views
  • Shared Basement

Parking

  • 6 Parking Spaces
  • Driveway
  • Off-Street Parking

Additional Features

  • Porch
  • 10,454 Sq Ft Lot
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,612

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 3531
  • Public Record Living Room Sq Ft: 3531
  • Total Sq Ft: 3531
  • Year Built: 1909
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5504
  • Directions: On Elmwood
  • Special Features: None

Interior Features

  • Basement Description: Shared Basement
  • Attic: No
  • Street Number Modifier: 79

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Asphalt
  • Total Parking Spaces: 6

Utilities

  • Heat Type: Baseboard
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.2400
  • Lot Description: City Views
  • Zoning: RB

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 8612
  • Total Assessed Value: 198210
  • Mil Rate Base: 43.450
  • Mil Rate Total: 43.450
  • Assessor Parcel Number: 18125

Multi Family

  • Total Num Of Units: 3

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 10, 2023
Closed on
Mar 23, 2023
Sold by
Resi Credit Opportunities and Wilmington Svgs Fund Soc
Bought by
New Wave Holdings Llc
Seller's Agent
Jonathan Gineo
Silver and Oak Realty
Buyer's Agent
Jonathan Gineo
Silver and Oak Realty
List Price
$319,900
Sold Price
$365,625
Premium/Discount to List
$45,725
14.29%
Views
296
Current Estimated Value
$557,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,917
Avg. Annual Appreciation
13.42%

Purchase Details

Closed on
Jun 2, 2022
Sold by
Mtglq Investors Lp
Bought by
Wilmington Svgs Fund Soc
Source: Public Records

Range of Values:

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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
New Wave Holdings Llc $365,625 None Available
New Wave Holdings Llc $365,625 None Available
Wilmington Svgs Fund Soc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed New Wave Holdings Llc $400,000
Previous Owner Fenandes Jose $294,300
Previous Owner Fenandes Jose $288,000
Previous Owner Fenandes Jose $135,000
Previous Owner Fenandes Jose $23,574
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2023 05/05/23 Sold $365,625 +14.3% $104 / Sq Ft
03/21/2023 03/21/23 Pending -- -- --
03/10/2023 03/10/23 For Sale $319,900 -- $91 / 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 $7,923 $182,350 $56,170 $126,180
2024 $7,923 $182,350 $56,170 $126,180
2023 $8,612 $198,210 $56,170 $142,040
2022 $8,612 $198,210 $56,170 $142,040
2021 $8,612 $198,210 $56,170 $142,040
2020 $7,320 $135,580 $23,390 $112,190
2019 $7,320 $135,580 $23,390 $112,190
2018 $7,371 $135,580 $23,390 $112,190
2017 $7,371 $135,580 $23,390 $112,190
2016 $7,371 $135,580 $23,390 $112,190
2015 $7,555 $179,040 $28,300 $150,740
2014 $7,555 $179,040 $28,300 $150,740
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Gineo

    Seller's Agent in 2023

    Jonathan Gineo

    Silver and Oak Realty

    (860) 372-4666

    1 in this area

    254 Total Sales

    Jonathan Gineo
    Section Image
  • Alexander Cortez-Rich

    Seller Co-Listing Agent in 2023

    Alexander Cortez-Rich

    Silver and Oak Realty

    (860) 985-2920

    1 in this area

    96 Total Sales

    Alexander Cortez-Rich
    Section Image
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Map

Source: SmartMLS

MLS Number: 170555155

SmartMLS

APN: BRID-001127-000024

Connecticut Fairfield County Bridgeport 06605 West End-West Side

79 Elmwood Ave Unit 81, Bridgeport, CT

This home is located at 79 Elmwood Ave Unit 81, Bridgeport, CT 06605 since 10 March 2023 and is currently estimated at $557,542, approximately $157 per square foot. This property was built in 1909. 79 Elmwood Ave Unit 81 is a home located in Fairfield County with nearby schools including James J. Curiale 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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