See Home Value
$1,569,569*
House - Off Market

861 Madison Avenue

Bridgeport, CT 06606
bedrooms
6 Beds
bathrooms
8 Baths, 2 Half Baths
square feet
9744 Sqft
$1,350,000 - $1,650,000
Reference Base Price*
4.64%
Since Nov 1, 2022
National-US
Primary Model
Sold Mar 23, 2023
$1,275,000
$956,250 by Hometown Equity Mtg
Mortgage Due Apr 01, 2053
Sold Jul 29, 2002
$690,000
$510,000 by Interbay Funding Llc
Mortgage Due Jul 29, 2017

About This Property

Price Reduce for quick Sale!!!!North End Bridgeport. MIX USE COMMERCIAL PROPERTY with 6 apartments on 2nd level, above large storefront facing Madison Avenue. Currently being used as a deli and bakery, can hold about 10 tables for seating. Large bakery kitchen in rear with 2 large baking ovens, gas stove for cooking, 3 large tables to prepare baked goods, large freezer, large cooler to store produce and deli meats/cheeses, etc. Well established business over 28 years, corner property, good visibility, long time tenants. Full basement with 2 interior staircases

The manager has listed the unit size as 9744 square feet.
Unit Size
9,744Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$154
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1993

Price History

Date / Event Date Event Price
Mar 23, 2023 Sold $1,275,000
Sold
Oct 5, 2022 No longer available -
No longer available
Jul 17, 2022 Relisted $1,500,000
Relisted
Jan 19, 2022 No longer available -
No longer available
Dec 27, 2021 Price Decreased $1,500,000
↓ $200K (11.8%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Construction Type: Masonry
  • Building Style: Condo
  • Exterior Walls Type: Concrete block
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 6
  • Basement Area: 0
  • Garage Type: Paved and surfaced
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,668
  • Total Building Area: 9,744
  • Gross Building Area: 10,192
  • Building Area: 9,744
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 9,744
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Land Acres: 0.199
  • Standard Land Use Code: Commercial building

Ownership

  • Current Owner : EAST PEARL GLOBAL LLC
  • Previous Owner : COELHO MANUEL
  • Previous Owner 2: COELHO MARIA
  • Owner Before Previous Owner: CHAVES JOHN R
  • Owner Before Previous Owner 2: CHAVES TERESA
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Bridgeport School District
  • School Tax School District: BRIDGEPORT SD
  • Census Tract: 072500

Zoning

  • Zoning: ORG

Geography

  • Account Number: RC-0099006
  • Parcel: BRID M:46 B:1434 L:24-A
  • Block: 1434
  • Lot: 24-A
  • Municipality: BRIDGEPORT
  • Latitude: 41.1929
  • Longitude: -73.2053

    Address

  • Full Address: 861 Madison Ave
  • Address - House Number: 861
  • Address - Street Name: Madison
  • Address - Suffix Type: Ave
  • State: CT
  • City Name: Bridgeport
  • Zip Code: 06606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $27,596

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,056,750
  • First Open Lien Mortgage Lender: HOMETOWN EQUITY MTG
  • First Open Lien Mortgage Recording Date: Mar 23, 2023
  • First Open Lien Mortgage Loan Amount: $956,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2053
  • Second Open Lien Mortgage Lender: CHAVES BAKERY III INC
  • Second Open Lien Mortgage Recording Date: Mar 23, 2023
  • Second Open Lien Mortgage Loan Amount: $100,500
  • Second Open Lien Mortgage Term: 24
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • Second Open Lien Mortgage Loan Due Date: Apr 01, 2025

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $635,120
  • Assessed Land Value: $127,510
  • Assessed Improvements Value: $507,610

    Sales

  • Current Sale Contract Date: Mar 14, 2023
  • Current Sale Recording Date: Mar 23, 2023
  • Current Sale Transaction ID: 11904630070
  • Current Sale Price: $1,275,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5304
  • Previous Sale Recording Date: Jul 29, 2002
  • Previous Sale Amount: $690,000
  • Previous Sale Document Type: Quit Claim Deed (arm's length)

    Last Sale Mortgage

  • First Mortgage Lender: HOMETOWN EQUITY MTG
  • First Mortgage Transaction Date: Mar 23, 2023
  • First Mortgage Loan Amount: $956,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Apr 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: INTERBAY FUNDING LLC
  • Previous Mortgage Transaction Date: Jul 29, 2002
  • Previous Mortgage Loan Amount: $510,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Jul 29, 2017



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About West Side - West End


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Currently no similar homes around

Nearby Rentals



Frequently Asked Questions

When was property at 861 Madison Avenue built and last sold?
The property at 861 Madison Avenue was built in 1993 and last sold on Mar 14, 2023 for $1,275,000.
How much is this home worth?
The estimated value of the home located at 861 Madison Avenue is $1,515,000.
What are some comparable homes to 861 Madison Avenue?
There are currently no comparable homes to 861 Madison Avenue.

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