NOT LISTED FOR SALE

1120 Wheeler Ave Unit BF Bronx, NY 10472

Soundview Neighborhood

Estimated Value: $673,000 - $906,000

-- Bed
-- Bath
3,200 Sq Ft
$260/Sq Ft Est. Value

Last Sold May 23, 2024

Last sale price $479,000 $150 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $5,733/month

Highlights

  • Window Unit Cooling System
  • Heating System Uses Steam
  • 3-minute walk to Elder Avenue

About This Home

As of May 2024

This home features one 3 bedroom apartment, one 2 bedroom apartment, and two 1 bedroom apartments. 2 of the 4 apartments are rented out. Purchase price of $479k PLUS HPD Assumable Loan of $397k equals $876k. Buyer MUST assume the HPD renovation loan which is $397k (estimated) at 0% interest and is a 2nd lien position.(HPD Loan is not pre-payable) MONTHLY PAYMENTS FOR THAT LOAN ARE $291.30/monthly with a balloon payment at the end of maturity in 2051 for the remainder. Units become rent stabilized once everything is finalized and must follow NYC AMI rental guidelines which equates to market rate rent in this area. Completed Renovations include: Asbestos removal, all new windows in all 4 units, 2 brand new hot water heaters, new parapet and building envelope has been rebuilt, new front and back stairways, new intercom system, new front and back entry doors, brand new roof, new solar panels paid for, major brickwork, skylight replacement, and new roof-cap.

Last Agent to Sell the Property

Ceasar Rosas

eXp Realty Brokerage Phone: (929) 288-1150 License #10301210194 Listed on: 05/18/2024

eXp Realty

Last Buyer's Agent

Diana Torres

Coldwell Banker Realty License #10401251407

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,680

Year Built

  • Built in 1929

Lot Details

  • 2,500 Sq Ft Lot
  • No Common Walls

Home Design

  • 3,200 Sq Ft Home

Utilities

  • Window Unit Cooling System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 03739-0012

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,680

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1929
  • Attribution Contact: (929) 288-1150
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Living Area: 3200
  • SquareFootage: 3200.00
  • SquareFootageSource: Municipality

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Size Sq Ft: 2500
  • Lot Size Units: Acres
  • Parcel Number: 03739-0012
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Units Total: 4
  • Separate Electric Meters: 4
  • Separate Gas Meters: 4
  • NumberOf1Bedrooms: 2
  • NumberOf2Bedrooms: 2

Tax Info

  • Tax Annual Amount: 6680
  • Tax Map Number: 03739-0012
  • IncludedInTaxes: Sewer,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
May 18, 2024
Closed on
May 23, 2024
Sold by
Bodie Audelle and Harvey Audelle
Bought by
Garcia Julio
Seller's Agent
Ceasar Rosas
eXp Realty
Buyer's Agent
Diana Torres
Coldwell Banker Realty
List Price
$479,000
Sold Price
$479,000
Views
2
Current Estimated Value
$851,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$372,721
Avg. Annual Appreciation
32.02%
Original Mortgage
$419,479
Interest Rate
7.03%
Mortgage Type
Assumption

Purchase Details

Closed on
Nov 25, 2019
Sold by
Fields Audrey S and Harvey Aubrey
Bought by
Harvey Audelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2005
Sold by
Harvey Aubrey and Harvey Harvey
Bought by
Harvey Audelle

Purchase Details

Closed on
May 2, 1997
Sold by
Harvey Aubrey and Harvey Rubina
Bought by
Harvey Aubrey
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
Garcia Julio $877,797 --
Harvey Audelle -- --
Harvey Audelle -- --
Harvey Audelle -- --
Harvey Audelle -- --
Harvey Aubrey -- Commonwealth Land Title Ins
Harvey Aubrey -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garcia Julio $419,479
Previous Owner Bodie Audelle $34,000
Previous Owner Bodie Audelle $334,998
Previous Owner Harvey Audelle $34,000
Previous Owner Bodie Audelle $419,479
Previous Owner Bodie Audelle $73,171
Previous Owner Harvey Audelle $214,481
Previous Owner Harvey Audelle R $65,000
Previous Owner Harvey Audelle $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2024 05/23/24 Sold $479,000 0.0% $150 / Sq Ft
05/18/2024 05/18/24 Pending -- -- --
05/18/2024 05/18/24 Off Market $479,000 -- --
05/18/2024 05/18/24 For Sale $479,000 -- $150 / 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 $12,841 $106,042 $26,741 $79,301
2024 $12,841 $102,714 $31,071 $71,643
2023 $10,257 $95,122 $23,020 $72,102
2022 $10,778 $282,600 $78,300 $204,300
2021 $0 $225,900 $78,300 $147,600
2020 $10,174 $258,300 $78,300 $180,000
2019 $9,965 $258,300 $78,300 $180,000
2018 $9,307 $73,171 $25,825 $47,346
2017 $8,619 $67,765 $25,303 $42,462
2016 $8,089 $62,747 $25,872 $36,875
2015 $5,252 $62,747 $29,508 $33,239
2014 $5,252 $60,778 $27,186 $33,592
Source: Public Records

Agents Affiliated with this Home

  • Ceasar Rosas

    Seller's Agent in 2024

    Ceasar Rosas

    eXp Realty

    (929) 288-1150

    1 in this area

    6 Total Sales

    Section Image

  • D

    Buyer's Agent in 2024

    Diana Torres

    Coldwell Banker Realty

    (914) 772-1063

    1 in this area

    9 Total Sales

    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY6307975

OneKey® MLS

APN: 03739-0012

New York Bronx County Bronx 10472 Soundview

1120 Wheeler Ave Unit BF, Bronx, NY

This home is located at 1120 Wheeler Ave Unit BF, Bronx, NY 10472 since 18 May 2024 and is currently estimated at $833,257, approximately $260 per square foot. This property was built in 1929. 1120 Wheeler Ave Unit BF is a home located in Bronx County with nearby schools including P.S. 152 - Evergreen, JHS 123 - The Bronx Urban Community Magnet School, and Bold Charter School.

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