116 Rich Ave Mount Vernon, NY 10550
North Side Neighborhood
7
Beds
3
Baths
3,073
Sq Ft
6,756
Sq Ft Lot
Highlights
- Colonial Architecture
- Wood Flooring
- Patio
- Property is near public transit
- Eat-In Kitchen
- Park
About This Home
As of June 2021Completely renovated Legal 3 Family House. Great opportunity for investor or owner occupant with 2 rental incomes. Everything was renovated in 2008. 1st floor offers a large 2 bedroom with a huge eat-in kitchen, 10' ceilings and access to the full walk out basement for additional 800 sq ft of mutli-functional space not included in the square footage. The 2nd floor offers a large 3 bedroom with eat-in kitchen and 10' ceilings and the 3rd floor offers an open floor plan 2 bedroom a beautiful custom bathroom. Each floor has their own central heat and A/C unit. Currently the owner pays for heat and hot water but can be changed so each unit is billed separately. The house also features new insulation, a 120 Gallon water tank, new washer/dryer, 4 electric meters and a separate boiler for the common areas and basement. Wired for Cablevision, Direct TV and Dish. Convenient to route 22, Hutchinson River Parkway, 3 blocks to Mount Vernon Metro North. Taxes do not reflect STAR savings.
Last Agent to Sell the Property
Howard Hanna Rand Realty Brokerage Phone: 914-328-8400 License #40CA1161914 Listed on: 06/16/2015
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,171
Year Built
- Built in 1900 | Remodeled in 2008
Lot Details
- 6,756 Sq Ft Lot
- No Common Walls
- Level Lot
Home Design
- Colonial Architecture
- Frame Construction
- Vinyl Siding
- Stucco
Interior Spaces
- 3,073 Sq Ft Home
- ENERGY STAR Qualified Windows
- Entrance Foyer
- Wood Flooring
- Eat-In Kitchen
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Full Bathrooms
Partially Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 7 Parking Spaces
- Carport
- Driveway
Schools
- Hamilton Elementary School
- Ab Davis Steam High Middle School
Utilities
- Central Air
- Hot Water Heating System
- Gravity Heating System
- Heating System Uses Natural Gas
Additional Features
- Patio
- Property is near public transit
Listing and Financial Details
- Tenant pays for electricity
- Assessor Parcel Number 0800-165-055-01151-000-0014
Community Details
Overview
- 3 Units
Recreation
- Park
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 6, 2022
Sold by
Estima John L
Bought by
Benfica Properties 2 Llc
Current Estimated Value
Purchase Details
Listed on
Apr 9, 2021
Closed on
Jun 18, 2021
Sold by
Dasilva Rogerio and Dasilva Albena
Bought by
Estima John L and Estima Nuno
Seller's Agent
Paulo Guerra
Houlihan Lawrence Inc.
List Price
$850,000
Sold Price
$840,000
Premium/Discount to List
-$10,000
-1.18%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.13%
Original Mortgage
$630,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 16, 2015
Closed on
Sep 29, 2015
Sold by
Frias Re Corp
Bought by
Desailva Rogerio and Desailva Albena
Seller's Agent
David Calabrese
Howard Hanna Rand Realty
Buyer's Agent
Paulo Guerra
Houlihan Lawrence Inc.
List Price
$490,000
Sold Price
$500,000
Premium/Discount to List
$10,000
2.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.49%
Original Mortgage
$375,000
Interest Rate
3.88%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 23, 2013
Sold by
Frias Nelson and Frias Irene
Bought by
Frias R E Corp
Similar Homes in Mount Vernon, NY
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Bargain Sale Deed | $840,000 | Record & Return Title Agency | |
| Deed | $500,000 | None Available | |
| Deed | -- | Cfo Title Agency Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $630,000 | New Conventional | |
| Previous Owner | $375,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/18/2021 06/18/21 | Sold | $840,000 | 0.0% | $273 / Sq Ft |
| 04/19/2021 04/19/21 | Pending | -- | -- | -- |
| 04/12/2021 04/12/21 | Off Market | $840,000 | -- | -- |
| 04/09/2021 04/09/21 | For Sale | $850,000 | +70.0% | $277 / Sq Ft |
| 09/30/2015 09/30/15 | Sold | $500,000 | +2.0% | $163 / Sq Ft |
| 07/08/2015 07/08/15 | Pending | -- | -- | -- |
| 06/16/2015 06/16/15 | For Sale | $490,000 | -- | $159 / Sq Ft |
Source: OneKey® MLS
Tax History Compared to Growth
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 | $19,800 | $12,000 | $3,600 | $8,400 |
| 2023 | $15,407 | $12,000 | $3,600 | $8,400 |
| 2022 | $18,920 | $12,000 | $3,600 | $8,400 |
| 2021 | $18,579 | $12,000 | $3,600 | $8,400 |
| 2020 | $18,003 | $12,000 | $3,600 | $8,400 |
| 2019 | $17,780 | $12,000 | $3,600 | $8,400 |
| 2018 | $6,092 | $12,000 | $3,600 | $8,400 |
| 2017 | $0 | $12,000 | $3,600 | $8,400 |
| 2016 | $17,092 | $12,000 | $3,600 | $8,400 |
| 2015 | -- | $12,000 | $3,600 | $8,400 |
| 2014 | -- | $12,000 | $3,600 | $8,400 |
| 2013 | -- | $12,000 | $3,600 | $8,400 |
Source: Public Records
Agents Affiliated with this Home
-
Paulo Guerra
Seller's Agent in 2021
Paulo Guerra
Houlihan Lawrence Inc.
(914) 629-6313
3 in this area
72 Total Sales
-
David Calabrese
Seller's Agent in 2015
David Calabrese
Howard Hanna Rand Realty
(917) 344-9111
115 Total Sales
Map
Source: OneKey® MLS
MLS Number: KEY4527072
APN: 0800-165-055-01151-000-0014
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The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
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Copyright 2025 OneKey® MLS. All rights reserved.
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