NOT LISTED FOR SALE

1070 Colgate Ave Bronx, NY 10472

Soundview Neighborhood

Estimated Value: $681,838 - $837,000

4 Beds
2.5 Baths
1,860 Sq Ft
$419/Sq Ft Est. Value

Last Sold November 30, 2021

Last sale price $715,000 $384 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,499/month

49 Days on Market

Highlights

  • Contemporary Architecture
  • Granite Countertops
  • Cul-De-Sac
  • Property is near public transit
  • Formal Dining Room
  • 4-minute walk to Concrete Plant Park

About This Home

As of November 2021

Beautiful 2 family house in excellent condition, duplex 3 bedrooms, 1.5 bathroom, nice formal dining room, liviing room, updated kitchen and baths, laundry area, hardwood floors throughout. Plus one bedroom, 1 bath aparment, one car attached garage and private driveway, nice yard for family gathering, near all. Each apartment has separated brand new gas boilers. Tenants pay for their own heat, cooking gas and electricity. Landlord pays for water. Low property taxes, nice and quiet location.

Last Agent to Sell the Property

Patricia Rodriguez

Charles Rutenberg Realty, Inc. License #30RO1013653 Listed on: 03/22/2021

Charles Rutenberg Realty, Inc.

Last Buyer's Agent

Non Non Member-MLS

Non-Member MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,781

Year Built

  • Built in 1950

Lot Details

  • Property fronts an easement
  • Two or More Common Walls
  • Cul-De-Sac

Parking

  • 1 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Block Exterior

Interior Spaces

  • 1,860 Sq Ft Home
  • Formal Dining Room
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms

Location

  • Property is near public transit

Utilities

  • No Cooling
  • 2 Heating Zones
  • Baseboard Heating
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tenant pays for cooking gas, electricity, heat
  • Assessor Parcel Number 03711-0034

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

$4,781

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Contemporary
  • Property SubType: Multi Family
  • Year Built: 1950
  • Attribution Contact: 718-994-4002
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Formal Dining Room, Granite Counters
  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: None
  • Total Bedrooms: 4
  • Living Area: 1860.00
  • Square Footage: 1860.00

Exterior Features

  • Construction Materials: Block

Garage/Parking

  • Total Parking Spaces: 1.00
  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Description: Attached, 1 Car Attached

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Baseboard, Steam
  • Hot Water: Gas Stand Alone
  • Heating Zones: 2
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Units: Acres
  • Lot Features: Easement, Near Public Transit, Cul-De-Sec
  • Parcel Number: 03711-0034
  • Property Attached: Yes

Rental Info

  • Hold Start Date: 2021-04-19
  • Tenant Pays: Cooking Gas, Electricity, Heat

Tax Info

  • Close Date: 2021-11-30
  • Included in Taxes: Sewer, Trash
  • Tax Annual Amount: 4781.00
  • Tax Map Number: 03711-0034

Multi Family

  • Units Total: 2
  • 1 Bedrooms: 1
  • Three Bedrooms: 1
  • 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
Mar 22, 2021
Closed on
Nov 29, 2021
Sold by
Ramirez Elba
Bought by
Balvarez Corporation
Seller's Agent
Patricia Rodriguez
Charles Rutenberg Realty, Inc.
Buyer's Agent
Non Non Member-MLS
Non-Member MLS
List Price
$729,000
Sold Price
$715,000
Premium/Discount to List
-$14,000
-1.92%
Current Estimated Value
$779,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,460
Avg. Annual Appreciation
2.10%
Original Mortgage
$572,000
Outstanding Balance
$523,996
Interest Rate
3.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$255,464

Purchase Details

Closed on
Jun 29, 2004
Sold by
Secretary Of Housing And Urban Developme
Bought by
Ramirez Elba

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,250
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 2003
Sold by
Chase Manhattan Mortgage Corporation
Bought by
The Secretary Of Housing And Urban Devel

Purchase Details

Closed on
Mar 3, 2002
Sold by
Lubowitz Esq As Referee Steven
Bought by
Chase Manhattan Mortgage Corporation

Purchase Details

Closed on
Oct 7, 1999
Sold by
Halliburton Richard
Bought by
Bennett Gwenneth and Ocquaye Emanuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,878
Interest Rate
7.76%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Balvarez Corporation $715,000 --
Balvarez Corporation $715,000 --
Ramirez Elba $324,999 --
Ramirez Elba $324,999 --
The Secretary Of Housing And Urban Devel -- --
The Secretary Of Housing And Urban Devel -- --
Chase Manhattan Mortgage Corporation $238,948 --
Chase Manhattan Mortgage Corporation $238,948 --
Bennett Gwenneth -- Commonwealth Land Title Ins
Bennett Gwenneth -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balvarez Corporation $572,000
Closed Balvarez Corporation $572,000
Previous Owner Ramirez Elba $276,250
Previous Owner Bennett Gwenneth $214,878
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2021 11/30/21 Sold $715,000 0.0% $384 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
04/19/2021 04/19/21 Off Market $715,000 -- --
03/27/2021 03/27/21 Price Changed $715,000 -1.9% $384 / Sq Ft
03/22/2021 03/22/21 For Sale $729,000 -- $392 / 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 $5,408 $27,130 $5,477 $21,653
2024 $5,408 $26,926 $6,480 $20,446
2023 $5,159 $25,402 $5,285 $20,117
2022 $4,784 $33,960 $7,740 $26,220
2021 $4,455 $31,320 $7,740 $23,580
2020 $4,489 $33,240 $7,740 $25,500
2019 $4,401 $28,500 $7,740 $20,760
2018 $4,017 $21,168 $5,607 $15,561
2017 $3,771 $19,970 $6,329 $13,641
2016 $3,456 $18,840 $7,740 $11,100
2015 $2,281 $19,920 $8,580 $11,340
2014 $2,281 $19,200 $8,580 $10,620
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2021

    Patricia Rodriguez

    Charles Rutenberg Realty, Inc.

    Section Image

  • N

    Buyer's Agent in 2021

    Non Non Member-MLS

    Non-Member MLS

See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY6103622

OneKey® MLS

APN: 03711-0034

New York Bronx County Bronx 10472 Soundview

1070 Colgate Ave, Bronx, NY

Not Listed for Sale

MultiFamily

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