NOT LISTED FOR SALE

1 Metropolitan Oval Unit MA Bronx, NY 10462

Parkchester Neighborhood

Estimated Value: $256,000 - $310,000

2 Beds
1 Bath
873 Sq Ft
$875/mo HOA Fee

Last Sold February 25, 2022

Last sale price $245,000 $281 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,548/month

9 Days on Market

Highlights

  • Property is near public transit
  • 1-Story Property
  • Hot Water Heating System
  • Park

About This Home

As of February 2022

VACANT 2 Bedroom 1 bath unit in the heart of Parkchester. Come make this unit home or take advantage of the savings due to the J51 tax abatement and rent out the unit for a hefty monthly profit $$$. This is first floor condo unit in a Parchester North elevator building, right across the street from the oval park and fountain complex. Short walk to the commercial strip and the #6 Parchester subway station and bus routes. Some of the nearby businesses include Macy's, Marshall's, Starbucks, Step Inn Restaurant, Chase bank and more. Heat, hot water, cold water and cooking gas included with the monthly HOA Fee. Low taxes = big savings and or big profit if renting. J51 TAX ABATEMENT through OCTOBER 2035.

Last Agent to Sell the Property

Gregory Tsougranis

Keller Williams Realty NYC Grp License #10301201886 Listed on: 11/24/2021

Keller Williams Realty NYC Grp

Last Buyer's Agent

Gregory Tsougranis

Keller Williams Realty NYC Grp License #10301201886 Listed on: 11/24/2021

Keller Williams Realty NYC Grp

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $307

Year Built

  • Built in 1940

HOA Fees

  • $875 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Block Exterior

Interior Spaces

  • 873 Sq Ft Home
  • 1-Story Property
  • No Attic
  • Oven

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • 1 Heating Zone
  • Hot Water Heating System
  • Heating System Uses Oil
  • Oil Water Heater

Additional Features

  • Two or More Common Walls
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 03944-1009

Community Details

Overview

  • Association fees include ground maintenance, exterior maintenance, snow removal, trash
  • Parkchester North Condo Community
  • Parkchester North Condo Subdivision

Recreation

  • Park

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$307

Year Built

Built in 1940

Lot Details

0

HOA Fees

$875 per month

Listing Details

  • Property Type: Residential
  • Architectural Style: Apartment
  • Property SubType: Condominium
  • Levels: One
  • Subdivision Name: Parkchester North Condo
  • Development Name: Parkchester North Condo
  • Year Built: 1940
  • Attribution Contact: 718-697-6800
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Oven, Refrigerator
  • Interior Amenities: Elevator
  • Living Area Units: Square Feet
  • Attic Description: None
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Basement: None
  • Inclusions: Refrigerator
  • Entry Level: 1
  • Total Bedrooms: 2
  • Living Area: 873.00
  • Square Footage: 873.00

Exterior Features

  • Construction Materials: Block, Brick

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Oil, Hot Water
  • Hot Water: Fuel Oil Stand Alone
  • Heating Zones: 1
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Exterior Maintenance, Other, Snow Removal, Trash
  • Association Fee: 875.00
  • Association Fee Frequency: Monthly
  • Senior Community: No

Association/Amenities

  • Community Features: Park

Schools

  • Elementary School: Call Listing Agent
  • Middle School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School: Call Listing Agent

Lot Info

  • Location Description: Center
  • Lot Features: Near Public Transit
  • Parcel Number: 03944-1009
  • Property Attached: Yes

Rental Info

  • Lease Considered: No
  • Pets Allowed: Call
  • Renting Allowed: Yes

Tax Info

  • Close Date: 2022-02-25
  • Included in Taxes: Sewer, Trash
  • Tax Annual Amount: 307.00
  • Tax Map Number: 03944-1009

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: City of New York

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2021
Closed on
Feb 25, 2022
Sold by
Hector L Lopez 2016 Revocable Living Tr
Bought by
Ahmed Babli and Ahmed Mohammod
Seller's Agent
Gregory Tsougranis
Keller Williams Realty NYC Grp
Buyer's Agent
Gregory Tsougranis
Keller Williams Realty NYC Grp
List Price
$250,000
Sold Price
$245,000
Premium/Discount to List
-$5,000
-2%
Current Estimated Value
$280,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,322
Avg. Annual Appreciation
4.30%

Purchase Details

Closed on
Dec 20, 2016
Sold by
Lopez Hector L
Bought by
Hector L Lopez 2016 Revocable Living Tr and Lopez, Trustee, Hector L
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
Ahmed Babli $245,000 --
Hector L Lopez 2016 Revocable Living Tr -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2022 02/25/22 Sold $245,000 -2.0% $281 / Sq Ft
12/03/2021 12/03/21 Pending -- -- --
11/24/2021 11/24/21 For Sale $250,000 -- $286 / Sq Ft
Source: OneKey® MLS

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 $1,658 $30,105 $8,290 $21,815
2024 $1,658 $29,945 $8,013 $21,932
2023 $1,439 $29,246 $7,638 $21,608
2022 $992 $28,447 $8,160 $20,287
2021 $1,326 $27,573 $7,286 $20,287
2020 $307 $29,565 $7,286 $22,279
2019 $622 $29,079 $6,800 $22,279
2018 $3,035 $26,723 $4,444 $22,279
2016 $888 $24,080 $3,752 $20,328
2015 -- $23,000 $3,752 $19,248
2014 -- $23,079 $3,752 $19,327
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6134198

OneKey® MLS

APN: 03944-1009