NOT LISTED FOR SALE

1188 Sherman Ave Bronx, NY 10456

Concourse Neighborhood

Estimated Value: $1,115,000 - $1,531,000

-- Bed
-- Bath
3,104 Sq Ft
$407/Sq Ft Est. Value

About This Home

This home is located at 1188 Sherman Ave, Bronx, NY 10456 and is currently estimated at $1,262,346, approximately $406 per square foot. 1188 Sherman Ave is a home located in Bronx County with nearby schools including Sheridan Academy For Young Leaders, The Family School, and Jhs 22 Jordan L Mott.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2021
Sold by
Palermo Jason
Bought by
Mhella Deogratius Joseph and Mhella Tara Denice
Current Estimated Value
$1,262,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,080,076
Outstanding Balance
$988,459
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$282,163

Purchase Details

Closed on
Jan 15, 2018
Sold by
Palermo Jaime
Bought by
Palermo Jason

Purchase Details

Closed on
Sep 22, 2017
Sold by
Palermo Jaime
Bought by
Palermo Jaime and Palermo Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 15, 1992
Sold by
Nyc Partnership Housing Development Fund
Bought by
Palermo Jaime
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

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First American

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Quantarium

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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
Mhella Deogratius Joseph $1,100,000 --
Palermo Jason -- --
Palermo Jaime -- --
Palermo Jaime -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mhella Deogratius Joseph $1,080,076
Previous Owner Palermo Jaime $400,000
Previous Owner Palermo Jaime $187,000
Source: Public Records

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 $6,483 $34,214 $6,130 $28,084
2024 $6,483 $32,278 $6,251 $26,027
2023 $6,184 $30,451 $6,256 $24,195
2022 $5,735 $51,960 $11,760 $40,200
2021 $5,743 $46,800 $11,760 $35,040
2020 $5,739 $40,500 $11,760 $28,740
2019 $5,334 $34,200 $11,760 $22,440
2018 $4,875 $25,376 $8,819 $16,557
2017 $4,008 $23,940 $11,760 $12,180
2016 $3,580 $28,140 $11,760 $16,380
2015 $349 $27,960 $9,780 $18,180
2014 $349 $27,960 $9,780 $18,180
Source: Public Records

Map

New York Bronx County Bronx 10456 Concourse

1188 Sherman Ave, Bronx, NY

This home is located at 1188 Sherman Ave, Bronx, NY 10456 and is currently estimated at $1,262,346, approximately $406 per square foot. 1188 Sherman Ave is a home located in Bronx County with nearby schools including Sheridan Academy For Young Leaders, The Family School, and Jhs 22 Jordan L Mott.

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.

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