1042 Elder Ave Bronx, NY 10472
Soundview NeighborhoodEstimated Value: $883,000 - $1,057,000
--
Bed
--
Bath
3,120
Sq Ft
$320/Sq Ft
Est. Value
About This Home
This home is located at 1042 Elder Ave, Bronx, NY 10472 and is currently estimated at $998,202, approximately $319 per square foot. 1042 Elder Ave is a home located in Bronx County with nearby schools including P.S. 152 - Evergreen, JHS 123 - The Bronx Urban Community Magnet School, and Bold Charter School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 1, 2021
Sold by
Virk Surinder
Bought by
Islam Farhana
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$664,000
Outstanding Balance
$595,229
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$402,973
Purchase Details
Closed on
Jun 30, 2011
Sold by
Henriquez Elba and Riello Robert
Bought by
Virk Surinder
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
4.58%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 22, 2005
Sold by
Tampa Corp
Bought by
Henriquez Elba and Riello Robert
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,225
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 29, 2004
Sold by
Hill Mariana and Jackman Leverne N
Bought by
Tampa Corp
Purchase Details
Closed on
Mar 24, 1998
Sold by
First Home Properties Corp
Bought by
Osborn Theodore and Osborn Elise
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,958
Interest Rate
6.98%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 18, 1998
Sold by
Adams Hattie
Bought by
First Home Properties Corp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,958
Interest Rate
6.98%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Islam Farhana | $860,000 | -- | |
| Virk Surinder | $381,000 | -- | |
| Henriquez Elba | $465,500 | -- | |
| Tampa Corp | $242,000 | -- | |
| Osborn Theodore | $196,000 | Fidelity National Title Ins | |
| First Home Properties Corp | $140,000 | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Islam Farhana | $664,000 | |
| Previous Owner | Virk Surinder | $281,250 | |
| Previous Owner | Henriquez Elba | $442,225 | |
| Previous Owner | Osborn Theodore | $188,958 |
Source: Public Records
Tax History Compared to Growth
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 | $6,508 | $34,344 | $4,579 | $29,765 |
| 2024 | $6,508 | $32,400 | $4,588 | $27,812 |
| 2023 | $6,580 | $32,400 | $5,303 | $27,097 |
| 2022 | $6,278 | $42,840 | $7,680 | $35,160 |
| 2021 | $6,384 | $36,840 | $7,680 | $29,160 |
| 2020 | $6,058 | $39,300 | $7,680 | $31,620 |
| 2019 | $5,648 | $39,960 | $7,680 | $32,280 |
| 2018 | $5,504 | $27,000 | $4,431 | $22,569 |
| 2017 | $5,342 | $26,208 | $6,033 | $20,175 |
| 2016 | $5,054 | $25,281 | $6,015 | $19,266 |
| 2015 | $2,982 | $23,850 | $6,996 | $16,854 |
| 2014 | $2,982 | $22,500 | $7,920 | $14,580 |
Source: Public Records
Map
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