NOT LISTED FOR SALE

1040 E 227th St Bronx, NY 10466

Wakefield Neighborhood

Estimated Value: $600,000 - $643,000

3 Beds
1.5 Baths
1,683 Sq Ft
$368/Sq Ft Est. Value

Last Sold February 02, 2022

Last sale price $550,000 $327 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,672/month

55 Days on Market

Highlights

  • Property is near public transit
  • Eat-In Kitchen
  • Forced Air Heating System
  • 1 Car Attached Garage
  • Park
  • Level Lot

About This Home

As of February 2022

First time on the market since original ownership. Many new updates including but not limited to new multi layer rubberized roof, new upgraded electric, updated kitchen, updated bath rooms, updated floors etc. etc.. Move in condition. You do not have to do anything. Brick semi detached single family home with attached one car garage plus driveway parking. 3 bed rooms with full bath on the second floor over spacious living room with eat in kitchen and powder room on 1st floor. Great private fenced in yard accessible from the first floor and the semi finished baserment. Basement has utiliy room, laundry and an easy to convert family recreational area. Great flow and energy priced appropriately with respectable taxes. Forced hot air heating with easy accesibility to install central air. Easy access to public transportation, house of worship stores, schools, hospital and medical facilities and new YMCA. Call this house your home!

Last Agent to Sell the Property

Joseph Rivera

Weichert Realtors License #40RI1153224 Listed on: 09/29/2021

Weichert Realtors

Last Buyer's Agent

Pierre Casseus

Workhub Realty Inc. License #10311208337

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,161

Year Built

  • Built in 1950

Lot Details

  • 2,300 Sq Ft Lot
  • Back Yard Fenced
  • Level Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Tri-Level Property
  • Brick Exterior Construction

Interior Spaces

  • 1,683 Sq Ft Home
  • No Attic
  • Eat-In Kitchen
  • Washer
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Location

  • Property is near public transit

Utilities

  • No Cooling
  • Forced Air Heating System
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • Park

Listing and Financial Details

  • Assessor Parcel Number 04873-0060

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,161

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Architectural Style: Trilevel
  • Property SubType: Single Family Residence
  • Year Built: 1950
  • Attribution Contact: 914-833-0800
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Washer
  • Interior Amenities: Eat-in Kitchen
  • Living Area Units: Square Feet
  • Attic Description: None
  • Common Walls: No Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Partially Finished
  • Inclusions: Energy Star Appliance(s), Refrigerator, Washer
  • Total Bedrooms: 3
  • Living Area: 1683.00
  • Square Footage: 1683.00

Exterior Features

  • Construction Materials: Brick
  • Fencing: Back Yard

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Description: Attached, 1 Car Attached

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Forced Air
  • Hot Water: Gas Stand Alone
  • Heating Zones: 1
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.0500
  • Lot Size Sq Ft: 2300.00
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 04873-0060
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2022-02-02
  • Included in Taxes: Sewer, Trash
  • Tax Annual Amount: 5161.00
  • Tax Map Number: 04873-0060

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
Sep 29, 2021
Closed on
Feb 1, 2022
Sold by
Santiago Shjan and Wilkinson Nora C
Bought by
Barrett Olleigh O and Williams Michel D
Seller's Agent
Joseph Rivera
Weichert Realtors
Buyer's Agent
Pierre Casseus
Workhub Realty Inc.
List Price
$559,000
Sold Price
$550,000
Premium/Discount to List
-$9,000
-1.61%
Current Estimated Value
$619,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,059
Avg. Annual Appreciation
3.06%
Original Mortgage
$540,038
Outstanding Balance
$501,466
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$117,593

Purchase Details

Closed on
Jul 30, 2021
Sold by
Dash-Wilkinson Myrna and Santiago Shjan
Bought by
Santiago Shjan and Woodley Sharea
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Barrett Olleigh O $550,000 --
Santiago Shjan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barrett Olleigh O $540,038
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/02/2022 02/02/22 Sold $550,000 -1.6% $327 / Sq Ft
11/24/2021 11/24/21 Pending -- -- --
09/29/2021 09/29/21 For Sale $559,000 -- $332 / 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 $5,260 $27,762 $5,395 $22,367
2024 $5,260 $26,191 $5,603 $20,588
2023 $5,018 $24,710 $5,379 $19,331
2022 $4,933 $35,580 $7,380 $28,200
2021 $5,161 $30,900 $7,380 $23,520
2020 $4,897 $28,320 $7,380 $20,940
2019 $4,566 $25,740 $7,380 $18,360
2018 $4,198 $20,592 $6,630 $13,962
2017 $4,198 $20,592 $6,736 $13,856
2016 $4,085 $20,436 $7,182 $13,254
2015 $2,343 $19,280 $7,399 $11,881
2014 $2,343 $18,189 $8,143 $10,046
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Joseph Rivera

    Weichert Realtors

    Section Image
  • Pierre Casseus

    Buyer's Agent in 2022

    Pierre Casseus

    Workhub Realty Inc.

    (347) 709-7999

    3 in this area

    17 Total Sales

    Pierre Casseus
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY6142625

OneKey® MLS

APN: 04873-0060

New York Bronx County Bronx 10466 Wakefield

1040 E 227th St, Bronx, NY

Not Listed for Sale

Detached

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