NOT LISTED FOR SALE

Estimated Value: $438,731 - $779,000

8 Beds
3 Baths
3,503 Sq Ft
$177/Sq Ft Est. Value

Last Sold October 23, 2023

Last sale price $650,000 $186 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,395/month

6 Days on Market

Highlights

  • Attic
  • 2 Car Detached Garage
  • Covered Deck
  • No HOA
  • Porch
  • Baseboard Heating

About This Home

As of October 2023

INVESTORS TAKE NOTE! This fully leased cash-flowing asset generates $6,550 per month and is located on a quiet dead-end street in the desirable north-end of Bridgeport. The property was fully renovated including high-end finishes, remodeled kitchens, baths and new flooring. The property also has a two-car detached garage and porch space on the front and rear of the building. Priced at 9.9% capitalization rate, this property will not last so make sure you don't miss it! MULTIPLE OFFERS HIGHEST AND BEST BY TUESDAY NIGHT (09-12-2023).

Last Agent to Sell the Property

Michael Barbaro

Huntsman,Meade & Partners Comp License #REB.0789149 Listed on: 09/07/2023

Huntsman,Meade & Partners Comp

Last Buyer's Agent

Unrepresent Buyer

Unrepresented Buyer

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,803

Year Built

  • Built in 1912

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 3,503 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Private Driveway
  • Off-Street Parking

Outdoor Features

  • Covered Deck
  • Porch

Utilities

  • Window Unit Cooling System
  • Radiator
  • Baseboard Heating
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Gross Income $78,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,803

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Neighborhood: North End
  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 3503
  • Public Record Living Room Sq Ft: 3503
  • Total Sq Ft: 3503
  • Year Built: 1912
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 5796
  • Tax Year Updated Dt: 09/07/2023
  • Directions: GPS friendly
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Access Via Hatch
  • Basement Description: Full, Unfinished
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: Yes
  • Street Number Modifier: 95-97

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Detached Garage, Paved, Off Street Parking
  • Garages Number: 2
  • Driveway Type: Private, Paved

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard, Radiator, Steam
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Electric, 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: 0.1400
  • Lot Description: Level Lot
  • Zoning: RA

Multi Family

  • Gross Annual Income: 78600
  • Net Operating Income: 59300
  • Unit Count: 3
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 10803
  • Total Assessed Value: 248640
  • Mil Rate Base: 43.450
  • Mil Rate Total: 43.450
  • Assessor Parcel Number: 32200

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
Sep 7, 2023
Closed on
Oct 23, 2023
Sold by
Jd United Properties Llc
Bought by
Wentworth Associates Llc
Seller's Agent
Michael Barbaro
Huntsman,Meade & Partners Comp
Buyer's Agent
Unrepresent Buyer
Unrepresented Buyer
List Price
$599,900
Sold Price
$650,000
Premium/Discount to List
$50,100
8.35%
Total Days on Market
6
Views
75
Current Estimated Value
$621,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,567
Avg. Annual Appreciation
-2.74%
Original Mortgage
$472,000
Outstanding Balance
$464,927
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$156,506

Purchase Details

Closed on
Sep 19, 2001
Sold by
Tiberi Dolores
Bought by
Coelho Glaydes M
Source: Public Records

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Range of Values:

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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
Wentworth Associates Llc $650,000 None Available
Coelho Glaydes M $212,000 --
Coelho Glaydes M $212,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wentworth Associates Llc $472,000
Previous Owner Jd United Properties Llc $403,500
Previous Owner Coelho Glaydes M $50,000
Previous Owner Coelho Glaydes M $308,000
Previous Owner Coelho Glaydes M $255,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2023 10/23/23 Sold $650,000 +8.4% $186 / Sq Ft
09/13/2023 09/13/23 Pending -- -- --
09/07/2023 09/07/23 For Sale $599,900 -- $171 / 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
2024 $10,873 $250,240 $76,360 $173,880
2023 $10,803 $248,640 $76,360 $172,280
2022 $10,803 $248,640 $76,360 $172,280
2021 $10,803 $248,640 $76,360 $172,280
2020 $9,559 $177,060 $43,080 $133,980
2019 $9,559 $177,060 $43,080 $133,980
2018 $9,627 $177,060 $43,080 $133,980
2017 $9,627 $177,060 $43,080 $133,980
2016 $9,627 $177,060 $43,080 $133,980
2015 $9,430 $223,450 $52,130 $171,320
2014 $9,430 $223,450 $52,130 $171,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170596443

SmartMLS

APN: BRID-002234-000026