NOT LISTED FOR SALE

1042 E 224th St Bronx, NY 10466

Wakefield Neighborhood

Estimated Value: $778,000 - $866,000

6 Beds
2 Baths
2,800 Sq Ft
$287/Sq Ft Est. Value

Last Sold January 25, 2016

Last sale price $500,000 $179 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,856/month

16 Days on Market

Highlights

  • Colonial Architecture
  • 1 Car Attached Garage
  • Window Unit Cooling System
  • Property is near public transit
  • Eat-In Kitchen
  • Park

About This Home

As of January 2016

Brick semi-detached located in the north east bronx featuring 3 r 1 bath over 3 br 1 bath over finished walk-out basement, 1 car garage and large backyard. This is a must see this won't last house is in good condition. HURRY GREAT INVESTMENT PROPERTY DON'T MISS OUT.

Last Agent to Sell the Property

Patrick Bartley

Bartley Home Realty LLC Brokerage Phone: 718-654-4356 License #10491210597 Listed on: 09/22/2015

Last Buyer's Agent

Patrick Thompson

Charles Rutenberg Realty, Inc. License #40TH1139564

Charles Rutenberg Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,782

Year Built

  • Built in 1960

Lot Details

  • 2,736 Sq Ft Lot
  • No Common Walls
  • Fenced

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • 2,800 Sq Ft Home
  • Colonial Architecture
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Septic Tank

Additional Features

  • Eat-In Kitchen
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Assessor Parcel Number 04870-0056

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

$4,782

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1960
  • Attribution Contact: 718-654-4356
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 6
  • Living Area: 2800
  • SquareFootage: 2800.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Brick
  • Fencing: Fenced

Garage/Parking

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

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Sewer: Septic Tank
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Dimensions: 0.0628
  • Lot Size Sq Ft: 2736
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04870-0056
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cooking Gas, Electricity

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf1Bedrooms: 0
  • NumberOf2Bedrooms: 0
  • NumberOf3Bedrooms: 2
  • NumberOf4Bedrooms: 0

Tax Info

  • Tax Annual Amount: 4782
  • Tax Map Number: 04870-0056

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 22, 2015
Closed on
Jan 25, 2016
Sold by
Mitchell Joyce R
Bought by
Davis Fritz E
Seller's Agent
Patrick Bartley
Bartley Home Realty LLC
Buyer's Agent
Patrick Thompson
Charles Rutenberg Realty, Inc.
List Price
$539,000
Sold Price
$500,000
Premium/Discount to List
-$39,000
-7.24%
Current Estimated Value
$802,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$302,345
Avg. Annual Appreciation
5.00%
Original Mortgage
$375,000
Outstanding Balance
$299,621
Interest Rate
4.02%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$502,724
Source: Public Records

Range of Values:

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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
Davis Fritz E $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Fritz E $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2016 01/25/16 Sold $500,000 -7.2% $179 / Sq Ft
10/09/2015 10/09/15 Pending -- -- --
09/22/2015 09/22/15 For Sale $539,000 -- $193 / 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 $7,219 $37,946 $6,354 $31,592
2024 $7,219 $35,942 $7,169 $28,773
2023 $7,215 $35,528 $6,344 $29,184
2022 $6,691 $40,920 $8,700 $32,220
2021 $6,655 $38,640 $8,700 $29,940
2020 $6,693 $40,500 $8,700 $31,800
2019 $6,187 $36,060 $8,700 $27,360
2018 $6,035 $29,607 $8,586 $21,021
2017 $5,694 $27,932 $7,181 $20,751
2016 $5,268 $26,352 $7,830 $18,522
2015 $3,178 $26,352 $8,502 $17,850
2014 $3,178 $24,960 $9,660 $15,300
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2016

    Patrick Bartley

    Bartley Home Realty LLC

    (718) 654-4356

    6 in this area

    29 Total Sales

    Patrick Bartley
    Section Image

  • P

    Buyer's Agent in 2016

    Patrick Thompson

    Charles Rutenberg Realty, Inc.

    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY4543419

OneKey® MLS

APN: 04870-0056

New York Bronx County Bronx 10466 Wakefield

1042 E 224th St, Bronx, NY

This home is located at 1042 E 224th St, Bronx, NY 10466 since 22 September 2015 and is currently estimated at $802,345, approximately $286 per square foot. This property was built in 1960. 1042 E 224th St is a home located in Bronx County with nearby schools including P.S. 78 Anne Hutchinson, J.H.S. 144 Michelangelo, and Faith Christian Academy.

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