NOT LISTED FOR SALE

Estimated Value: $662,000 - $749,000

5 Beds
2 Baths
1,680 Sq Ft
$420/Sq Ft Est. Value

Last Sold April 19, 2024

Last sale price $656,000 $390 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,309/month

33 Days on Market

Highlights

  • Property is near public transit
  • 3-minute walk to Simpson Street
  • Hot Water Heating System
  • Window Unit Cooling System
  • Park
  • 4-minute walk to Field of Dreams Court

About This Home

As of April 2024

Introducing this 2-family house nestled in the heart of the Bronx, New York. The lower unit is equally inviting with two bedrooms and bathroom. Ideal for a smaller family or as a rental unit for additional income, this space is versatile and functional. Step into the upper unit, where you'll find a welcoming and generously sized living space. With three bedrooms and 1 bathroom , there's plenty of room for family and guests. Large windows allow an abundance of natural light to fill the rooms, creating a warm and inviting atmosphere. Furthermore, this property offers the valuable benefit of two parking spots. You'll never have to worry about finding a parking space again, providing peace of mind and convenience. This 2-family house is not only a comfortable residence but also an excellent investment opportunity. With its dual rental units, you can enjoy rental income while living in one unit yourself. Don't miss the chance to make this property your new home or investment.

Last Agent to Sell the Property

Jeliana Melendez

Christie's Int. Real Estate Brokerage Phone: (914) 396-2663 License #10401301730 Listed on: 09/19/2023

Christie's Int. Real Estate

Last Buyer's Agent

Syful Islam

Charles Rutenberg Realty, Inc. License #40IS0956788

Charles Rutenberg Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,285

Year Built

  • Built in 1993

Lot Details

  • 2,100 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Home Design

  • 1,680 Sq Ft Home
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Parking

  • 2 Parking Spaces
  • Driveway

Location

  • Property is near public transit

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 02716-0152

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

$5,285

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1993
  • Attribution Contact: (914) 396-2663
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Basement: Full, Unfinished, Walk-Out Access
  • Total Bedrooms: 5
  • Living Area: 1680
  • SquareFootage: 1680.00
  • SquareFootageSource: Other

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Total Parking Spaces: 2
  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 2

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: 0.05
  • Lot Size Area: 0.05
  • Lot Size Sq Ft: 2100
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 02716-0152
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

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

Tax Info

  • Tax Annual Amount: 5285
  • Tax Map Number: 02716-0152
  • IncludedInTaxes: 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

Listed on
Sep 19, 2023
Closed on
Apr 19, 2024
Sold by
Arriola Jose and Arriola Katherine Francisca
Bought by
1063 Tiffany Llc
Seller's Agent
Jeliana Melendez
Christie's Int. Real Estate
Buyer's Agent
Syful Islam
Charles Rutenberg Realty, Inc.
List Price
$699,000
Sold Price
$656,000
Premium/Discount to List
-$43,000
-6.15%
Views
204
Current Estimated Value
$699,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,629
Avg. Annual Appreciation
1.68%
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
1063 Tiffany Llc $656,000 --
1063 Tiffany Llc $656,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2024 04/19/24 Sold $656,000 -6.2% $390 / Sq Ft
10/23/2023 10/23/23 Pending -- -- --
09/19/2023 09/19/23 For Sale $699,000 -- $416 / 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 $5,739 $30,287 $7,342 $22,945
2024 $5,739 $28,573 $7,506 $21,067
2023 $5,475 $26,957 $6,138 $20,819
2022 $5,192 $41,940 $10,560 $31,380
2021 $5,473 $35,040 $10,560 $24,480
2020 $5,343 $38,700 $10,560 $28,140
2019 $4,981 $32,760 $10,560 $22,200
2018 $4,282 $22,464 $7,923 $14,541
2017 $4,118 $21,672 $9,395 $12,277
2016 $4,023 $21,672 $9,856 $11,816
2015 $2,246 $21,033 $8,865 $12,168
2014 $2,246 $19,843 $8,729 $11,114
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6268896

OneKey® MLS

APN: 02716-0152