NOT LISTED FOR SALE

1157 Wheeler Ave Bronx, NY 10472

Soundview Neighborhood

Estimated Value: $906,041 - $1,068,000

7 Beds
4 Baths
3,360 Sq Ft
$298/Sq Ft Est. Value

Last Sold February 16, 2016

Last sale price $565,000 $168 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $6,271/month

39 Days on Market

Highlights

  • Water Access
  • 2-minute walk to Elder Avenue
  • Park
  • Property is near public transit
  • Window Unit Cooling System
  • Baseboard Heating

About This Home

As of February 2016

Great investment 4 family house. Close to transportation, call for info.

Last Agent to Sell the Property

Urmilla Busgith

Metro Star Realty LLC Brokerage Phone: 718-794-2327 License #10311201920 Listed on: 11/04/2015

Last Buyer's Agent

Luz Lopez

Compass Greater NY, LLC License #10401271483

Compass Greater NY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,164

Year Built

  • Built in 1926

Lot Details

  • 2,500 Sq Ft Lot
  • Two or More Common Walls
  • Stone Wall

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,360 Sq Ft Home
  • 2-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Oil

Additional Features

  • Water Access
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 03738-0056

Community Details

Overview

  • 4 Units

Recreation

  • Park

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,164

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Year Built: 1926
  • Attribution Contact: 718-794-2327
  • Village: Bronx
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 4
  • Basement: Finished, Full
  • Total Bedrooms: 7
  • Living Area: 3360
  • SquareFootage: 3360.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Brick
  • Waterfront Features: Water Access

Garage/Parking

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

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Oil, Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Fuel Oil Stand Alone

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 2500.0000
  • Lot Size Sq Ft: 2500
  • Lot Size Units: Acres
  • Lot Features: Stone/Brick Wall, Near Public Transit
  • Parcel Number: 03738-0056
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: See Remarks

Multi Family

  • Units Total: 4
  • Separate Electric Meters: 4
  • Separate Gas Meters: 4

Tax Info

  • Tax Annual Amount: 8164
  • Tax Map Number: 03738-0056

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
Nov 4, 2015
Closed on
Feb 16, 2016
Sold by
Bassit Bhramdeo
Bought by
Muniz Jose
Seller's Agent
Urmilla Busgith
Metro Star Realty LLC
Buyer's Agent
Luz Lopez
Compass Greater NY, LLC
List Price
$599,000
Sold Price
$565,000
Premium/Discount to List
-$34,000
-5.68%
Current Estimated Value
$1,001,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$436,510
Avg. Annual Appreciation
5.92%
Original Mortgage
$423,750
Outstanding Balance
$335,130
Interest Rate
3.79%
Mortgage Type
Commercial
Estimated Equity
$666,380

Purchase Details

Closed on
Apr 25, 2003
Sold by
Bassit Deenauth
Bought by
Bassit Bhramdeo and Bassit Deenauth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 23, 2003
Sold by
Bassit Deenauth
Bought by
Bassit Deenauth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2002
Sold by
Bassit Deenauth and Bassit Khemrajie
Bought by
Bassit Deenauth
Source: Public Records
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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
Muniz Jose $565,000 --
Muniz Jose $565,000 --
Bassit Bhramdeo -- --
Bassit Bhramdeo -- --
Bassit Deenauth -- --
Bassit Deenauth -- --
Bassit Deenauth -- --
Bassit Deenauth -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muniz Jose $423,750
Closed Muniz Jose $423,750
Previous Owner Bassit Bhramdeo $205,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2016 02/16/16 Sold $565,000 -5.7% $168 / Sq Ft
12/14/2015 12/14/15 Pending -- -- --
11/04/2015 11/04/15 For Sale $599,000 -- $178 / 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 $28,340 $77,702
2024 $12,841 $102,714 $32,958 $69,756
2023 $11,669 $95,122 $24,418 $70,704
2022 $10,778 $296,550 $81,900 $214,650
2021 $0 $237,150 $81,900 $155,250
2020 $10,174 $260,100 $81,900 $178,200
2019 $9,965 $271,350 $81,900 $189,450
2018 $9,307 $73,171 $25,709 $47,462
2017 $8,619 $67,765 $25,221 $42,544
2016 $8,089 $62,747 $25,721 $37,026
2015 $5,252 $62,747 $29,357 $33,390
2014 $5,252 $60,778 $27,112 $33,666
Source: Public Records

Agents Affiliated with this Home

  • U

    Seller's Agent in 2016

    Urmilla Busgith

    Metro Star Realty LLC

    Section Image
  • Luz Lopez

    Buyer's Agent in 2016

    Luz Lopez

    Compass Greater NY, LLC

    (347) 261-5398

    11 Total Sales

    Luz Lopez
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY4549287

OneKey® MLS

APN: 03738-0056

New York Bronx County Bronx 10472 Soundview

1157 Wheeler Ave, Bronx, NY

Not Listed for Sale

MultiFamily

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