116 Rich Ave Mount Vernon, NY 10550
North Side Neighborhood
7
Beds
3
Baths
3,073
Sq Ft
6,700
Sq Ft Lot
Highlights
- Colonial Architecture
- Wood Flooring
- Eat-In Kitchen
- Property is near public transit
- 4 Car Detached Garage
- Patio
About This Home
As of June 2021Move in condition Legal 3 Family house on beautiful tree lined street. Great opportunity for investor or owner occupant with 2 rental incomes. House was completely renovated in 2008. 1st Floor Features large 2 Bedroom Unit with huge Eat-in-Kitchen, 10' ceilings and access to large walk out basement. 2nd Floor unit offers large 3 bedroom with eat-in-kitchen, 10' ceilings and tremendous natural light. 3rd Floor unit is open concept Living-Dining Room, 2 bedrooms and large bathroom. Each floor has their own central heat and A/C units. Currently owner pays for heat and hot water but can be changed so each unit is billed separately. House features large driveway offering parking for 5-6 cars easily and large storage shed. 4 electric and gas meters. Common laundry with coin operated machines located in basement. Close to Route 22, Parkways and 3 Blocks to Mt Vernon Metro North. Taxes do not reflect STAR savings. Buy and live rent free or perfect investment! Hurry will not last!
Last Agent to Sell the Property
Houlihan Lawrence Inc. License #40GU1164721 Listed on: 04/09/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $18,075
Year Built
- Built in 1900 | Remodeled in 2008
Lot Details
- 6,700 Sq Ft Lot
- No Common Walls
- Fenced
- Level Lot
Parking
- 4 Car Detached Garage
- Driveway
Home Design
- Colonial Architecture
- Frame Construction
- Vinyl Siding
- Stucco
Interior Spaces
- 3,073 Sq Ft Home
- ENERGY STAR Qualified Windows
- ENERGY STAR Qualified Doors
- Wood Flooring
- Eat-In Kitchen
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Full Bathrooms
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Schools
- Hamilton Elementary School
- Ab Davis Steam High Middle School
Utilities
- Central Air
- 4 Heating Zones
- Hot Water Heating System
- Gravity Heating System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Additional Features
- Patio
- Property is near public transit
Listing and Financial Details
- Tenant pays for cooking gas, 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: KEY6107119
APN: 0800-165-055-01151-000-0014
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Copyright 2025 OneKey® MLS. All rights reserved.
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