NOT LISTED FOR SALE

1041 E 225th St Bronx, NY 10466

Wakefield Neighborhood

Estimated Value: $877,000 - $956,000

6 Beds
2 Baths
3,519 Sq Ft
$261/Sq Ft Est. Value

Last Sold October 31, 2019

Last sale price $735,000 $209 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $5,343/month

62 Days on Market

Highlights

  • Property is near public transit
  • Window Unit Cooling System
  • Baseboard Heating
  • 1 Car Attached Garage
  • Park
  • Level Lot

About This Home

As of October 2019

2000 Built BRICK, 2 Family House with Walk out finished basement. Offers: 3 bedrooms Over 3 Bedrooms Nice Size. Large Living rooms Nice Size Kitchens. 1st Floor Vacant, 2nd Floor Occupied. Needs Some Updating. Attached FULL Driveway Parking for 2 Cars

Last Agent to Sell the Property

Israel Sanchez

Keller Williams Realty NYC Grp License #10401260866 Listed on: 07/17/2019

Keller Williams Realty NYC Grp

Co-Listed By

George Sotomayor

Keller Williams Realty NYC Grp License #10401292965

Last Buyer's Agent

Non Non Member-MLS

Non-Member MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,174

Year Built

  • Built in 2000

Lot Details

  • 2,727 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,519 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit

Utilities

  • Window Unit Cooling System
  • 3 Heating Zones
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 04872-0018

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,174

Year Built

Built in 2000

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: 2 Story
  • Property SubType: Multi Family
  • Year Built: 2000
  • Year Built Effective: 2000
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2000

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Living Area: 3519.00
  • Square Footage: 3519.00

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Total Parking Spaces: 2.00
  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Description: Attached, 1 Car Attached

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Hot Water: Gas Stand Alone
  • Heating Zones: 3
  • 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: 0.0600
  • Lot Dimensions: 0.0626
  • Lot Size Sq Ft: 2727.00
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 04872-0018
  • Property Attached: No

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Close Date: 2019-10-31
  • Tax Annual Amount: 5174.00
  • Tax Map Number: 04872-0018

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2019
Closed on
Oct 31, 2019
Sold by
Banton Maximilian and Banton Tathlyn
Bought by
Benedith Bonilla Carmen S and Cordova Maritza T
Seller's Agent
Israel Sanchez
Keller Williams Realty NYC Grp
Buyer's Agent
Non Non Member-MLS
Non-Member MLS
List Price
$725,000
Sold Price
$735,000
Premium/Discount to List
$10,000
1.38%
Current Estimated Value
$918,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,535
Avg. Annual Appreciation
3.67%
Original Mortgage
$721,687
Outstanding Balance
$641,308
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$277,227

Purchase Details

Closed on
Jan 25, 2002
Sold by
Quest Properties Inc
Bought by
Banton Maximilian and Banton Tathlyn
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
Benedith Bonilla Carmen S $735,000 --
Banton Maximilian -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benedith Bonilla Carmen S $721,687
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2019 10/31/19 Sold $735,000 +1.4% $209 / Sq Ft
09/17/2019 09/17/19 Pending -- -- --
07/17/2019 07/17/19 For Sale $725,000 -- $206 / 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 $6,534 $32,534 $5,417 $27,117
2024 $6,534 $32,533 $5,290 $27,243
2023 $6,557 $32,286 $5,337 $26,949
2022 $6,081 $48,780 $9,600 $39,180
2021 $6,048 $44,220 $9,600 $34,620
2020 $5,739 $46,500 $9,600 $36,900
2019 $5,012 $38,520 $9,600 $28,920
2018 $4,826 $26,905 $6,132 $20,773
2017 $4,528 $25,383 $6,477 $18,906
2016 $4,166 $23,948 $7,257 $16,691
2015 $2,449 $22,593 $7,181 $15,412
2014 $2,449 $22,593 $7,660 $14,933
Source: Public Records

Agents Affiliated with this Home

  • Israel Sanchez

    Seller's Agent in 2019

    Israel Sanchez

    Keller Williams Realty NYC Grp

    (347) 601-7212

    1 in this area

    50 Total Sales

    Israel Sanchez
    Section Image
  • George Sotomayor

    Seller Co-Listing Agent in 2019

    George Sotomayor

    Keller Williams Realty NYC Grp

    (917) 574-5674

    2 in this area

    17 Total Sales

    George Sotomayor
    Section Image

  • N

    Buyer's Agent in 2019

    Non Non Member-MLS

    Non-Member MLS

See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY4993986

OneKey® MLS

APN: 04872-0018

New York Bronx County Bronx 10466 Wakefield

1041 E 225th St, Bronx, NY

Not Listed for Sale

MultiFamily

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