NOT LISTED FOR SALE

Estimated Value: $985,000 - $1,133,328

7 Beds
5 Baths
2,534 Sq Ft
$420/Sq Ft Est. Value

Last Sold May 06, 2016

Last sale price $660,000 $260 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $7,652/month

261 Days on Market

Highlights

  • Colonial Architecture
  • Property is near public transit
  • Main Floor Bedroom
  • Pelham Memorial High School Rated A+
  • Wood Flooring
  • 2 Car Attached Garage

About This Home

As of May 2016

Pelham schools! Well maintained Young 2 -Family home conveniently locatedOnly 2 blocks to elementary school and a short walk to train station! So close to NYC! Each floor offers a separate heating unit. Separate side entrance to LEGAL WALK IN.2 car garage. Tenant occupied. Star discount not included $1639. Roof/2010, Baths/2012, Upstairs kitchen remodeled. Washer and dryer in lower level. Flat driveway. Pelham schools! A great investment! Rental value is 2950 per 3 bedroom unit in great school district! Now is the time to buy! Interest rates are still low,why pay rent when you can own this!

Last Agent to Sell the Property

Julia Ricciuti

RE/MAX Prime Properties Brokerage Phone: 914-723-1212 License #30RI1002667 Listed on: 05/12/2015

RE/MAX Prime Properties

Last Buyer's Agent

Nino Gjeloshaj

Douglas Elliman Real Estate License #10401229880

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,907

Year Built

  • Built in 1977

Lot Details

  • 4,983 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • 2,534 Sq Ft Home
  • Wood Flooring
  • Finished Basement
  • Walk-Out Basement
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • 5 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Hutchinson Elementary School
  • Pelham Middle School
  • Pelham Memorial High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 4403-163-035-00001-000-0024

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,907

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1977
  • Attribution Contact: 914-723-1212
  • Village: Pelham
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: First Floor Bedroom, Eat-in Kitchen
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Basement: Finished, Walk-Out Access
  • Total Bedrooms: 7
  • Living Area: 2534
  • SquareFootage: 2534.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame, Shingle Siding

Garage/Parking

  • Total Parking Spaces: 4
  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Attached, 2 Car Attached

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Sewer: Public Sewer
  • Water Source: 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: Pelham Middle School

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Dimensions: 0.1144
  • Lot Size Sq Ft: 4983
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 4403-163-035-00001-000-0024
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf3Bedrooms: 2

Tax Info

  • Tax Annual Amount: 18907
  • Tax Map Number: 4403-163-035-00001-000-0024
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Elementary School: Hutchinson School
  • High School: Pelham Memorial High School
  • Middle School District: Pelham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2022
Sold by
Mrizaj and Eva
Bought by
116 First Ave Llc
Current Estimated Value
$1,063,332

Purchase Details

Listed on
May 12, 2015
Closed on
May 6, 2016
Sold by
Forte Paolo and Rocco Paola
Bought by
Mrizaj Franc and Mrizaj Eva
Seller's Agent
Julia Ricciuti
RE/MAX Prime Properties
Buyer's Agent
Nino Gjeloshaj
Douglas Elliman Real Estate
List Price
$749,000
Sold Price
$660,000
Premium/Discount to List
-$89,000
-11.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.25%
Original Mortgage
$460,000
Interest Rate
3.59%
Mortgage Type
New Conventional
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
116 First Ave Llc -- First American Title
Mrizaj Franc $660,000 Titlevest Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mrizaj Franc $460,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2016 05/06/16 Sold $660,000 -11.9% $260 / Sq Ft
01/29/2016 01/29/16 Pending -- -- --
05/12/2015 05/12/15 For Sale $749,000 -- $296 / 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
2024 $22,293 $856,000 $231,000 $625,000
2023 $21,726 $815,000 $154,000 $661,000
2022 $21,526 $769,000 $154,000 $615,000
2021 $21,422 $712,000 $154,000 $558,000
2020 $20,629 $712,000 $154,000 $558,000
2019 $26,125 $690,000 $154,000 $536,000
2018 $24,922 $660,000 $154,000 $506,000
2017 $2,957 $660,000 $154,000 $506,000
2016 $23,277 $615,000 $154,000 $461,000
2015 -- $595,000 $154,000 $441,000
2014 -- $575,000 $154,000 $421,000
2013 -- $560,000 $154,000 $406,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4521104

OneKey® MLS

APN: 4403-163-035-00001-000-0024