NOT LISTED FOR SALE

1048 Clay Ave Pelham, NY 10803

Estimated Value: $990,000 - $1,316,000

3 Beds
2 Baths
1,470 Sq Ft
$748/Sq Ft Est. Value

Last Sold August 22, 2017

Last sale price $599,000 $407 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $7,657/month

590 Days on Market

Highlights

  • Property is near public transit
  • 2-Story Property
  • Main Floor Primary Bedroom
  • Pelham Memorial High School Rated A+
  • Wood Flooring
  • 1 Fireplace

About This Home

As of August 2017

!! APPROVED SHORT SALE !! Move in condition 3Brs/2.1 Bath Ranch with full Basement in Pelham School District. Large corner property with a large Driveway and 1 car Garage. Updated kitchen and baths. Total Sqft is not included the basement Sqft. Please verify the Sqft and taxes BEFORE INSPECTION OR CONTRACT. Buyers must pay $3500 to the short sale negotiator at closing. This property is to be placed in an upcoming auction. All bids should be submitted at www.homesearch.com (void where prohibited). All auction properties are subject to a 5% buyer's premium pursuant to the Event Agreement and Auction Terms & Conditions (minimums will apply). Please contact listing agent for details and commission paid on this property.

Last Agent to Sell the Property

Harry Singh

Reliance America Int. Realty Brokerage Phone: 914-722-0700 License #49SI1169160 Listed on: 06/08/2015

Last Buyer's Agent

Arthur Scinta

Houlihan Lawrence Inc. License #30SC1025554

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,862

Year Built

  • Built in 1935 | Remodeled in 2002

Lot Details

  • 0.26 Acre Lot
  • Cul-De-Sac
  • Level Lot

Parking

  • 1 Car Attached Garage

Home Design

  • 2-Story Property
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,470 Sq Ft Home
  • 1 Fireplace
  • Formal Dining Room
  • Storage
  • Laundry in unit
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Oven
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Partially Finished Basement

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

Outdoor Features

  • Patio
  • Porch

Location

  • Property is near public transit

Schools

  • Prospect Hill Elementary School
  • Pelham Middle School
  • Pelham Memorial High School

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Oil

Community Details

  • Park

Listing and Financial Details

  • Assessor Parcel Number 11944000167029000002000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,862

Year Built

Built in 1935 | Remodeled in 2002

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Architectural Style: Ranch
  • Property SubType: Single Family Residence
  • Levels: Two
  • Year Built: 1935
  • Year Built Effective: 2002
  • Attribution Contact: 914-722-0700
  • Village: Pelham Manor
  • Special Features: 12
  • Property Sub Type: Detached
  • Year Renovated: 2002

Interior Features

  • Appliances: Dishwasher, Oven, Refrigerator
  • Interior Amenities: Master Downstairs, First Floor Bedroom, Eat-in Kitchen, Formal Dining, Granite Counters, Master Bath, Storage
  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Full, Partially Finished, Walk-Out Access
  • Inclusions: A/C Units,Dishwasher,Refrigerator
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Living Area: 1470
  • AtticDescription: Full
  • SquareFootage: 1470.00
  • SquareFootageSource: Other

Exterior Features

  • Construction Materials: Frame, Vinyl Siding
  • Patio and Porch Features: Patio, Porch

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Oil, Hot Water
  • Laundry Features: In Unit
  • Sewer: Sewer
  • Water Source: See Remarks
  • Hot Water: Fuel Oil Stand Alone

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Pelham Middle School

Lot Info

  • Lot Size Acres: 0.26
  • Lot Size Area: 0.26
  • Lot Dimensions: 11204.0000
  • Lot Size Sq Ft: 11204
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit, Cul-De-Sec
  • Parcel Number: 11944000167029000002000000
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 24862
  • Tax Map Number: 11944000167029000002000000
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Elementary School: Prospect Hill School
  • High School: Pelham Memorial High School
  • Middle School District: Pelham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2015
Closed on
Aug 22, 2017
Sold by
Jahangir Muhammad
Bought by
Seal James and Seal Emily R
Seller's Agent
Harry Singh
Reliance America Int. Realty
Buyer's Agent
Arthur Scinta
Houlihan Lawrence Inc.
List Price
$549,000
Sold Price
$599,000
Premium/Discount to List
$50,000
9.11%
Current Estimated Value
$1,100,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$501,274
Avg. Annual Appreciation
7.19%
Original Mortgage
$479,200
Outstanding Balance
$401,336
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$648,024

Purchase Details

Closed on
Jul 3, 2001
Sold by
Nyman Carol Anne
Bought by
Jahangir Muhammad and Jahangir Rita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Seal James $599,000 None Available
Jahangir Muhammad $388,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seal James $100,000
Closed Seal James $7,921
Closed Seal James $46,600
Open Seal James $479,200
Previous Owner Jahangir Muhammad $288,402
Previous Owner Jahangir Muhammad $100,000
Previous Owner Jahangir Muhammad $6,329
Previous Owner Jahangir Muhammad $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2017 08/22/17 Sold $599,000 +9.1% $407 / Sq Ft
06/08/2015 06/08/15 Pending -- -- --
06/08/2015 06/08/15 For Sale $549,000 -- $373 / 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
2024 $21,537 $850,000 $413,000 $437,000
2023 $20,189 $810,000 $275,500 $534,500
2022 $19,702 $730,500 $275,500 $455,000
2021 $18,721 $670,000 $275,500 $394,500
2020 $18,042 $640,000 $275,500 $364,500
2019 $19,623 $615,000 $275,500 $339,500
2018 $17,040 $600,000 $275,500 $324,500
2017 $2,933 $600,000 $275,500 $324,500
2016 $20,512 $610,000 $275,500 $334,500
2015 -- $595,000 $275,500 $319,500
2014 -- $570,000 $275,500 $294,500
2013 -- $570,000 $275,500 $294,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4526445

OneKey® MLS

APN: 4405-167-029-00001-000-0002