NOT LISTED FOR SALE

Estimated Value: $680,000 - $855,000

4 Beds
3 Baths
2,000 Sq Ft
$367/Sq Ft Est. Value

Last Sold March 06, 2024

Last sale price $815,000 $408 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $4,348/month

52 Days on Market

Highlights

  • Property is near public transit
  • Formal Dining Room
  • Eat-In Kitchen
  • Wood Flooring
  • 1 Car Attached Garage
  • Park

About This Home

As of March 2024

Welcome to 1024 E 222nd St. Fully Renovated Legal 2 Family home with huge full finished basement with full bath and separate access. Solid Brick Home. 2nd Floor unit features a great size 3 Bedroom apartment with a spacious living, formal dining, 1 full bath fully renovated with marble look tiles, and fully renovated kitchen with custom cabinets, Quartz counter top, stainless steel appliances. Ground Floor apartment features a spacious 1 Bedroom apartment with fully renovated kitchen and bathroom, separate entrance and access to the full basement unit. Beautiful hardwood floors throughout, recessed lighting throughout, sun drenched throughout, each unit with luxuries finishes. Spacious backyard with great space for entertaining. 1 car garage plus a driveway for additional parking.

Last Agent to Sell the Property

Hermi Aquino

RE/MAX Distinguished Hms.&Prop Brokerage Phone: (914) 346-8255 License #30AQ1103641 Listed on: 11/27/2023

RE/MAX Distinguished Hms.&Prop

Last Buyer's Agent

John Quansah

YourHomeSold Guaranteed Realty License #10401281013

YourHomeSold Guaranteed Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,827

Year Built

  • Built in 1955

Lot Details

  • 1,999 Sq Ft Lot
  • Two or More Common Walls
  • Fenced

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near public transit

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 04704-0136

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,827

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Year Built: 1955
  • Attribution Contact: (914) 346-8255
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen, Formal Dining
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Basement: Finished, Full
  • Total Bedrooms: 4
  • Living Area: 2000
  • SquareFootage: 2000.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Brick
  • Fencing: Fenced

Garage/Parking

  • Total Parking Spaces: 2
  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Attached, 1 Car Attached, Driveway

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdditionalFeesYN: 0

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Sq Ft: 1999
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04704-0136
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf1Bedrooms: 1
  • NumberOf2Bedrooms: 1

Tax Info

  • Tax Annual Amount: 5827
  • Tax Map Number: 04704-0136
  • IncludedInTaxes: Sewer,Trash,Water

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 27, 2023
Closed on
Mar 6, 2024
Sold by
Signature Bronx Llc
Bought by
Bakre Richard
Seller's Agent
Hermi Aquino
RE/MAX Distinguished Hms.&Prop
Buyer's Agent
John Quansah
YourHomeSold Guaranteed Realty
List Price
$799,000
Sold Price
$815,000
Premium/Discount to List
$16,000
2%
Views
893
Current Estimated Value
$734,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$80,005
Avg. Annual Appreciation
-5.52%
Original Mortgage
$800,238
Outstanding Balance
$787,225
Interest Rate
6.75%
Mortgage Type
FHA
Estimated Equity
-$52,230

Purchase Details

Listed on
Jul 26, 2023
Closed on
Oct 13, 2023
Sold by
Bruce Holloman Jr As Administrator and Estate Of Bruce Holloman
Bought by
Signature Bronx Llc
Seller's Agent
Hermi Aquino
RE/MAX Distinguished Hms.&Prop
Buyer's Agent
Hermi Aquino
RE/MAX Distinguished Hms.&Prop
List Price
$499,000
Sold Price
$512,500
Premium/Discount to List
$13,500
2.71%
Views
47

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
218.90%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bakre Richard $815,000 --
Bakre Richard $815,000 --
Signature Bronx Llc $512,500 --
Signature Bronx Llc $512,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bakre Richard $800,238
Closed Bakre Richard $800,238
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/06/2024 03/06/24 Sold $815,000 -4.0% $408 / Sq Ft
01/20/2024 01/20/24 Price Changed $849,000 +6.3% $425 / Sq Ft
01/19/2024 01/19/24 Pending -- -- --
11/27/2023 11/27/23 For Sale $799,000 +55.9% $400 / Sq Ft
10/13/2023 10/13/23 Sold $512,500 +2.7% $291 / Sq Ft View Prior Sale
08/09/2023 08/09/23 Pending -- -- --
07/26/2023 07/26/23 For Sale $499,000 -- $284 / 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 $6,108 $32,237 $6,559 $25,678
2024 $6,108 $30,413 $6,528 $23,885
2023 $5,827 $28,693 $5,932 $22,761
2022 $5,404 $32,160 $7,740 $24,420
2021 $5,697 $30,060 $7,740 $22,320
2020 $5,686 $29,940 $7,740 $22,200
2019 $5,302 $28,380 $7,740 $20,640
2018 $4,874 $23,911 $7,309 $16,602
2017 $4,599 $22,560 $6,482 $16,078
2016 $4,510 $22,560 $6,800 $15,760
2015 $2,567 $22,387 $8,125 $14,262
2014 $2,567 $21,120 $8,507 $12,613
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6279090

OneKey® MLS

APN: 04704-0136