NOT LISTED FOR SALE

1055 Teller Ave Bronx, NY 10456

Concourse Neighborhood

Estimated Value: $813,721 - $1,114,000

9 Beds
3 Baths
3,261 Sq Ft
$294/Sq Ft Est. Value

Last Sold February 15, 2022

Last sale price $750,000 $230 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $5,282/month

122 Days on Market

Highlights

  • Contemporary Architecture
  • 5-minute walk to Melrose Station
  • Eat-In Kitchen
  • Property is near public transit
  • Wood Flooring
  • Window Unit Cooling System

About This Home

As of February 2022

1055 Teller Ave is an EXTRA LARGE 3 FAMILY BRICK with 3 three Bedroom apartments. Property is sold AS-IS. Unit 1 Can be delivered vacant. RENTAL INCOME DETAILS: Unit 1: Will be delivered vacant, evictions in process. Projected Rent $ 2500 Unit 2: Will be Sold Occupied. Projected Rent $2,400 Unit 3: 3rd Floor Rent Will receive $ 2119 as of September 30th, 2021 Full Finished WALK-OUT BASEMENT with SEPERATE ENTRANCE. 4 Electric Meters, 3 Gas Meters. Each unit has separate boiler and hot water tank. Annual Taxes $ 575 Evictions pending prior Covid. Seller will help with eviction costs. Updated kitchens with Granite counter tops and lots of cabinets and plenty of counter space. Very Roomy with Many Closets And Lots Of Storage Space. Large Fenced Backyard. Property is fully equipped with 24 hour security cameras.

Last Agent to Sell the Property

Anthony Domathoti

Exit Realty Premium License #10311206746 Listed on: 05/18/2021

Exit Realty Premium

Co-Listed By

Emran Bhuiyan

Exit Realty Premium License #10401330759

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $575

Year Built

  • Built in 1910

Lot Details

  • 1,999 Sq Ft Lot
  • Two or More Common Walls

Parking

  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,261 Sq Ft Home
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Finished Basement

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

Location

  • Property is near public transit

Utilities

  • Window Unit Cooling System
  • 3 Heating Zones
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 02433-0073

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$575

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Contemporary
  • Property SubType: Multi Family
  • Year Built: 1910
  • Attribution Contact: 718-829-2300
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 9
  • Living Area: 3261.00
  • Square Footage: 3261.00

Exterior Features

  • Construction Materials: Brick

Garage/Parking

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

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Hot Water: Gas Stand Alone
  • Heating Zones: 3
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Call Listing Agent
  • Middle School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.0500
  • Lot Size Area: 0.0500
  • Lot Size Sq Ft: 1999.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 02433-0073
  • Property Attached: Yes

Tax Info

  • Close Date: 2022-02-15
  • Tax Annual Amount: 575.00
  • Tax Map Number: 02433-0073

Multi Family

  • Units Total: 3
  • Three Bedrooms: 3
  • Separate Electric Meters: 4
  • Separate Gas Meters: 3

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
May 18, 2021
Closed on
Feb 9, 2022
Sold by
Wescott Sumintra
Bought by
Cespedes Orlando
Seller's Agent
Anthony Domathoti
Exit Realty Premium
List Price
$927,000
Sold Price
$750,000
Premium/Discount to List
-$177,000
-19.09%
Current Estimated Value
$959,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,930
Avg. Annual Appreciation
7.22%
Original Mortgage
$600,000
Outstanding Balance
$561,596
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$398,334

Purchase Details

Closed on
Sep 30, 2013
Sold by
Eisakharian Jak
Bought by
Wescott Sumintra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
4.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2013
Sold by
Neighborhood Restore Housing Development and Corporation 150 Broadway
Bought by
Eisakharian Jak

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,035
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2005
Sold by
The Commissioner Of Finance Of The City
Bought by
Neighborhood Restore Housing Development and Corporation
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Cespedes Orlando $750,000 --
Cespedes Orlando $750,000 --
Wescott Sumintra $491,000 --
Wescott Sumintra $491,000 --
Eisakharian Jak $261,400 --
Eisakharian Jak $261,400 --
Neighborhood Restore Housing Development -- --
Neighborhood Restore Housing Development -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cespedes Orlando $600,000
Closed Cespedes Orlando $600,000
Previous Owner Wescott Sumintra $392,000
Previous Owner Eisakharian Jak $196,035
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2022 02/15/22 Sold $750,000 -19.1% $230 / Sq Ft
09/17/2021 09/17/21 Pending -- -- --
05/18/2021 05/18/21 For Sale $927,000 -- $284 / 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 $618 $3,259 $555 $2,704
2024 $618 $3,078 $553 $2,525
2023 $596 $2,934 $525 $2,409
2022 $557 $50,520 $10,020 $40,500
2021 $587 $43,920 $10,020 $33,900
2020 $575 $46,740 $10,020 $36,720
2019 $537 $40,320 $10,020 $30,300
2018 $498 $2,445 $852 $1,593
2017 $474 $2,326 $804 $1,522
2016 $465 $2,326 $744 $1,582
2015 -- $2,263 $796 $1,467
2014 -- $2,138 $741 $1,397
Source: Public Records

Agents Affiliated with this Home

  • Anthony Domathoti

    Seller's Agent in 2022

    Anthony Domathoti

    Exit Realty Premium

    (646) 696-1563

    3 in this area

    93 Total Sales

    Anthony Domathoti
    Section Image
  • Emran Bhuiyan

    Seller Co-Listing Agent in 2022

    Emran Bhuiyan

    Exit Realty Premium

    (347) 261-7671

    2 in this area

    123 Total Sales

    Emran Bhuiyan
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY6116218

OneKey® MLS

APN: 02433-0073

New York Bronx County Bronx 10456 Concourse

1055 Teller Ave, Bronx, NY

This home is located at 1055 Teller Ave, Bronx, NY 10456 since 18 May 2021 and is currently estimated at $959,930, approximately $294 per square foot. This property was built in 1910. 1055 Teller Ave is a home located in Bronx County with nearby schools including Grant Avenue Elementary School, Jhs 22 Jordan L Mott, and Success Academy Charter School-Bronx 3.

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