NOT LISTED FOR SALE

1056 E 227th St Bronx, NY 10466

Wakefield Neighborhood

Estimated Value: $573,554 - $695,000

-- Bed
-- Bath
1,912 Sq Ft
$335/Sq Ft Est. Value

Last Sold July 16, 2020

Last sale price $499,000 $261 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,658/month

38 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • 2 Car Attached Garage
  • Property is near public transit
  • Formal Dining Room
  • Cooling System Mounted In Outer Wall Opening

About This Home

As of July 2020

Accepted Offer as of 10/12.... No more showings as per seller. 2 Family Brick House is fully available. Your New Home offers a 3 Bed, 1.5 Bathroom. Updated Kitchen, Separate Living, Separate Dining Room, Hardwood Floors, Over a Legal Studio Apartment. With Large back yard and Duplex Access. 1 Car Garage and 1 Car Driveway complete this Great Home! This Home is Priced to SELL IMMEDIATELY! Wont Last at this PRICE!

Last Agent to Sell the Property

Bryant Mero

Connect RE Corp. License #10311210367 Listed on: 09/27/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,800

Year Built

  • Built in 1950

Lot Details

  • 2,126 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,912 Sq Ft Home
  • Formal Dining Room
  • Wood Flooring

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Patio
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Assessor Parcel Number 04873-0068

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,800

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Contemporary
  • Property SubType: Multi Family
  • Year Built: 1950
  • Attribution Contact: 914-713-3270
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Formal Dining Room
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Basement: None
  • Living Area: 1912.00
  • Square Footage: 1912.00

Exterior Features

  • Construction Materials: Brick
  • Patio and Porch Features: Patio

Garage/Parking

  • Total Parking Spaces: 2.00
  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Description: Attached, 2 Car Attached

Utilities

  • Cooling: Wall Unit(s), Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Hot Water: Gas Stand Alone
  • 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 Dimensions: 0.0488
  • Lot Size Sq Ft: 2126.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04873-0068
  • Property Attached: Yes

Rental Info

  • Tenant Pays: Cooking Gas, Electricity

Tax Info

  • Close Date: 2020-07-16
  • Tax Annual Amount: 2800.00
  • Tax Map Number: 04873-0068

Multi Family

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

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
Sep 27, 2019
Closed on
Jun 25, 2020
Sold by
Castillo Wanda
Bought by
Smith Marcia A
Seller's Agent
Bryant Mero
Connect RE Corp.
List Price
$499,000
Sold Price
$499,000
Current Estimated Value
$639,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,639
Avg. Annual Appreciation
4.85%
Original Mortgage
$489,961
Outstanding Balance
$434,465
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$205,174

Purchase Details

Listed on
Feb 1, 2013
Closed on
Mar 31, 2014
Sold by
Rev Management Llc
Bought by
Castillo Wanda
Seller's Agent
Hermi Aquino
RE/MAX Distinguished Hms.&Prop
Buyer's Agent
Bryant Mero
Connect RE Corp.
List Price
$379,000
Sold Price
$370,000
Premium/Discount to List
-$9,000
-2.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.86%
Original Mortgage
$362,789
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2001
Sold by
Starr Susan K Ref and Advance Local Developmen

Purchase Details

Closed on
Jul 1, 1999
Sold by
No Exit Place Realty Corp
Bought by
Advance Local Development Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,177
Interest Rate
7.68%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 1, 1999
Sold by
Skyers Anne
Bought by
Lopez Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,177
Interest Rate
7.68%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 8, 1990
Sold by
Wiggins Napoleon Lee
Bought by
Edwards Ernestine
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
Smith Marcia A $499,000 --
Castillo Wanda $370,000 --
-- -- --
Advance Local Development Corp $208,000 Main Street Title Agency Inc
No Exit Place Realty Corp $80,000 Main Street Title Agency Inc
Lopez Manuel $5,000 Main Street Title Agency Inc
Edwards Ernestine $5,000 Main Street Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Marcia A $489,961
Previous Owner Castillo Wanda $362,789
Previous Owner No Exit Place Realty Corp $267,177
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/16/2020 07/16/20 Sold $499,000 0.0% $261 / Sq Ft
11/04/2019 11/04/19 Pending -- -- --
09/27/2019 09/27/19 For Sale $499,000 +34.9% $261 / Sq Ft
03/31/2014 03/31/14 Sold $370,000 -2.4% $194 / Sq Ft View Prior Sale
11/04/2013 11/04/13 Pending -- -- --
02/01/2013 02/01/13 For Sale $379,000 -- $198 / 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 $3,198 $16,878 $3,096 $13,782
2024 $3,198 $15,924 $2,824 $13,100
2023 $3,234 $15,924 $2,926 $12,998
2022 $3,155 $33,480 $7,320 $26,160
2021 $3,137 $31,800 $7,320 $24,480
2020 $2,977 $32,100 $7,320 $24,780
2019 $2,776 $27,960 $7,320 $20,640
2018 $2,705 $13,270 $3,873 $9,397
2017 $2,684 $13,168 $3,771 $9,397
2016 $2,483 $12,423 $3,896 $8,527
2015 $1,498 $11,721 $4,308 $7,413
2014 $1,498 $11,059 $4,883 $6,176
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2020

    Bryant Mero

    Connect RE Corp.

    (917) 327-7870

    1 in this area

    25 Total Sales

    Bryant Mero
    Section Image
  • Hermi Aquino

    Seller's Agent in 2014

    Hermi Aquino

    RE/MAX

    (646) 685-6269

    8 in this area

    180 Total Sales

    Hermi Aquino
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY5081886

OneKey® MLS

APN: 04873-0068

New York Bronx County Bronx 10466 Wakefield

1056 E 227th St, Bronx, NY

This home is located at 1056 E 227th St, Bronx, NY 10466 since 27 September 2019 and is currently estimated at $639,639, approximately $334 per square foot. This property was built in 1950. 1056 E 227th St is a home located in Bronx County with nearby schools including P.S. 112 - Bronxwood, North Bronx School of Empowerment, and Our Lady of Grace School.

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