NOT LISTED FOR SALE

Estimated Value: $961,000 - $1,211,063

6 Beds
6 Baths
3,262 Sq Ft
$321/Sq Ft Est. Value

Last Sold May 31, 2018

Last sale price $700,000 $215 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $6,114/month

3 Days on Market

Highlights

  • Property is near public transit
  • Marble Countertops
  • Eat-In Kitchen
  • Wood Flooring
  • 1 Car Detached Garage
  • 2-minute walk to Haviland Playground

About This Home

As of May 2018

Welcome to 1043 Virginia Ave: Immaculately renovated 2 family home , ParkChester section of the Bronx w/garage. The grandeur of this completely detached 22-foot-wide, 2 story home is unparalleled in the neighborhood. 3,262 square feet, 1 car garage w/ summer kit & spacious yard. Home has been tastefully designed to offer two vast open layouts w/ modern finishes while maximizing functionality. Every detail of this home is impeccably. As you enter this completely modernized NE facing home you are welcomed by a gorgeous owner's duplex with 3 bdrm, 1 full bath & 2 half bath. The owner's duplex boasts an expansive living room that opens into a kitchen with a massive island. The residence on the top floor features 3 bedrooms and 2 bathrooms. This layout is ideal for owners looking to maximize rental income. Both residences in this home are finished w/ 3-inch-wide oak floors, Samsung appliances & Italian tiles. For outdoor entertaininga summer kitchen installed adjacent to yard & garage.

Last Agent to Sell the Property

Noel Cohen

Cohen and Cohen Consulting Brokerage Phone: 917-962-4962 License #10311205279 Listed on: 04/03/2018

Co-Listed By

Non OneKey Agent

Non-Member MLS Brokerage Phone: 917-962-4962

Last Buyer's Agent

Non OneKey Agent

Non-Member MLS Brokerage Phone: 917-962-4962

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,532

Year Built

  • Built in 1920 | Remodeled in 2018

Lot Details

  • 3,825 Sq Ft Lot
  • No Common Walls
  • Fenced
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Carport

Home Design

  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 3,262 Sq Ft Home
  • 2-Story Property
  • ENERGY STAR Qualified Windows
  • ENERGY STAR Qualified Doors
  • Entrance Foyer
  • Storage
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Marble Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • ENERGY STAR Qualified Equipment for Heating
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 03733-0059

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

$5,532

Year Built

Built in 1920 | Remodeled in 2018

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: See Remarks, Two Story
  • Property SubType: Multi Family
  • Year Built: 1920
  • Year Built Effective: 2018
  • Attribution Contact: 917-962-4962
  • Co List Office Mls Id: ONE888888
  • Co List Office Phone: 000-000-0000
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2018

Interior Features

  • Interior Amenities: Eat-in Kitchen, Entrance Foyer, Marble Counters, Pantry, Storage, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Door Features: ENERGY STAR Qualified Doors
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Basement: Finished, Full, Partially Finished
  • Total Bedrooms: 6
  • Living Area: 3262
  • Window Features: ENERGY STAR Qualified Windows
  • SquareFootage: 3262.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame, Other, Aluminum Siding
  • Fencing: Fenced

Garage/Parking

  • Total Parking Spaces: 5
  • Attached Garage: No
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Detached, 1 Car Detached, Carport, Garage, Other

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Other, Baseboard, ENERGY STAR Qualified Equipment, See Remarks
  • Sewer: Public Sewer, Other
  • Water Source: Public, See Remarks
  • Hot Water: Electric Stand Alone
  • NumberOfHeatingZones: 2

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Dimensions: 0.0878
  • Lot Size Sq Ft: 3825
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 03733-0059
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 2
  • NumberOf3Bedrooms: 2

Tax Info

  • Tax Annual Amount: 5532
  • Tax Map Number: 03733-0059
  • IncludedInTaxes: Sewer,Trash

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

Closed on
Jul 17, 2019
Sold by
Boby Akter
Bought by
Ahmed Redwan and Akter Boby
Current Estimated Value
$1,047,266

Purchase Details

Listed on
Apr 3, 2018
Closed on
May 31, 2018
Sold by
3609 Holl Ave Llc
Bought by
Hossain
Seller's Agent
Noel Cohen
Cohen and Cohen Consulting
Buyer's Agent
Non OneKey Agent
Non-Member MLS
List Price
$895,000
Sold Price
$700,000
Premium/Discount to List
-$195,000
-21.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.53%
Original Mortgage
$560,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 10, 2017
Sold by
Martin Steven
Bought by
3609 Holl Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 2015
Sold by
Martin Steven
Bought by
1043 Virginia Trust

Purchase Details

Closed on
May 29, 2015
Sold by
Sue'S Casa Realty Llc
Bought by
Martin Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,943
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2008
Sold by
Niblock Robert V
Bought by
Sue'S Casa Realty Llc
Source: Public Records

Range of Values:

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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
Ahmed Redwan $10 --
Hossain $700,000 --
3609 Holl Ave Llc $430,000 --
Martin Steven -- --
1043 Virginia Trust -- --
Martin Steven $500,000 --
Sue'S Casa Realty Llc $424,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hossain $560,000
Previous Owner 3609 Holl Ave Llc $375,000
Previous Owner Martin Steven $490,943
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2018 05/31/18 Sold $700,000 -21.8% $215 / Sq Ft
04/02/2018 04/02/18 Pending -- -- --
04/02/2018 04/02/18 For Sale $895,000 -- $274 / 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 $6,994 $36,869 $4,934 $31,935
2024 $6,994 $34,824 $5,502 $29,322
2023 $7,007 $34,504 $5,841 $28,663
2022 $6,501 $55,920 $9,660 $46,260
2021 $6,470 $47,880 $9,660 $38,220
2020 $6,503 $44,580 $9,660 $34,920
2019 $6,071 $38,640 $9,660 $28,980
2018 $5,861 $28,753 $7,003 $21,750
2017 $5,532 $27,139 $7,761 $19,378
2016 $5,121 $25,618 $8,151 $17,467
2015 $2,649 $25,603 $9,533 $16,070
2014 $2,649 $24,184 $8,966 $15,218
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4813287

OneKey® MLS

APN: 03733-0059