NOT LISTED FOR SALE

Estimated Value: $764,000 - $1,151,000

1 Bed
3 Baths
3,300 Sq Ft
$290/Sq Ft Est. Value

Last Sold February 24, 2016

Last sale price $360,000 $109 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $6,067/month

75 Days on Market

Highlights

  • Contemporary Architecture
  • Eat-In Kitchen
  • Park
  • Property is near public transit
  • ENERGY STAR Qualified Air Conditioning
  • Hot Water Heating System

About This Home

As of February 2016

This Beautiful property is a great investment with Cash Flow potential!! A Multi-Family Brownstone located in the Melrose section of the Bronx. It also has a unfinished basement.. walkout. Property has a fairly new roof, new electrical and new sprinkler system. All less than 5 years old. Close to 161st. and the Yankee Stadium! ****ACCEPTED OFFER! NO MORE SHOWINGS!****

Last Agent to Sell the Property

Joan Campbell

Phoenix Global Realty Inc Brokerage Phone: 718-324-6060 License #10311206010 Listed on: 09/16/2015

Co-Listed By

Noel Cohen

Cohen and Cohen Consulting Brokerage Phone: 718-324-6060 License #10311205279

Last Buyer's Agent

Joan Campbell

Phoenix Global Realty Inc Brokerage Phone: 718-324-6060 License #10311206010 Listed on: 09/16/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,489

Year Built

  • Built in 1929 | Remodeled in 2010

Lot Details

  • 1,847 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • 3,300 Sq Ft Home
  • Contemporary Architecture
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 1 Bedroom
  • 3 Full Bathrooms

Unfinished Basement

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

Parking

  • Public Parking
  • On-Street Parking

Utilities

  • ENERGY STAR Qualified Air Conditioning
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Eat-In Kitchen
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 02437-0006

Community Details

Overview

  • 4 Units

Recreation

  • Park

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,489

Year Built

Built in 1929 | Remodeled in 2010

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Contemporary
  • Property SubType: Multi Family
  • Year Built: 1929
  • Year Built Effective: 2010
  • Attribution Contact: 718-324-6060
  • Co List Office Mls Id: ONEERABES
  • Co List Office Phone: 718-324-6060
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2010

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Basement: Full, Unfinished, Walk-Out Access
  • Total Bedrooms: 1
  • Living Area: 3300
  • SquareFootage: 3300.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Public Parking, On Street

Utilities

  • Cooling: ENERGY STAR Qualified Equipment
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdditionalFeesYN: 0

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.04
  • Lot Size Area: 0.04
  • Lot Dimensions: 0.0424
  • Lot Size Sq Ft: 1847
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 02437-0006
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: None

Multi Family

  • Units Total: 4
  • Separate Electric Meters: 4
  • Separate Gas Meters: 4
  • NumberOf1Bedrooms: 1

Tax Info

  • Tax Annual Amount: 2489
  • Tax Map Number: 02437-0006

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
Mar 29, 2023
Sold by
1044 Morris Llc
Bought by
Thomas Estates I23aa Llc
Current Estimated Value
$953,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 16, 2015
Closed on
Mar 17, 2016
Sold by
Dove Gary
Bought by
1044 Morris Llc
Seller's Agent
Joan Campbell
Phoenix Global Realty Inc
Buyer's Agent
Joan Campbell
Phoenix Global Realty Inc
List Price
$475,500
Sold Price
$360,000
Premium/Discount to List
-$115,500
-24.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.74%
Original Mortgage
$234,000
Interest Rate
3.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 16, 2015
Closed on
Feb 23, 2016
Sold by
Villafane Anna
Bought by
Dove Gary
Seller's Agent
Joan Campbell
Phoenix Global Realty Inc
Buyer's Agent
Joan Campbell
Phoenix Global Realty Inc
List Price
$475,500
Sold Price
$360,000
Premium/Discount to List
-$115,500
-24.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
3.81%
Mortgage Type
Purchase Money Mortgage
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
Thomas Estates I23aa Llc $715,000 --
1044 Morris Llc -- --
Dove Gary $360,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Estates 123Aa Llc $1,350,000
Closed Thomas Estates I23aa Llc $840,000
Previous Owner Dove Gary $234,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2016 02/24/16 Sold $360,000 -24.3% $109 / Sq Ft
12/01/2015 12/01/15 Pending -- -- --
09/16/2015 09/16/15 For Sale $475,500 -- $144 / 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 $10,166 $87,780 $24,341 $63,439
2024 $10,166 $81,315 $21,217 $60,098
2023 $9,237 $75,296 $21,724 $53,572
2022 $9,212 $331,200 $99,450 $231,750
2021 $0 $265,050 $99,450 $165,600
2020 $8,419 $287,100 $99,450 $187,650
2019 $7,827 $239,220 $99,450 $139,770
2018 $7,367 $57,920 $28,895 $29,025
2017 $7,367 $57,920 $32,081 $25,839
2016 $7,231 $56,093 $36,036 $20,057
2015 $1,809 $51,941 $39,996 $11,945
2014 $1,809 $48,116 $33,334 $14,782
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4542344

OneKey® MLS

APN: 02437-0006