NOT LISTED FOR SALE

1222 Commonwealth Ave Bronx, NY 10472

Soundview Neighborhood

Estimated Value: $923,441 - $1,280,000

Studio
-- Bath
3,564 Sq Ft
$300/Sq Ft Est. Value

Last Sold April 28, 2015

Last sale price $530,000 $149 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $7,034/month

25 Days on Market

About This Home

As of April 2015

PROPERTY SITS IN A VERY DEMANDING AREA, WALKING DISTANCE TO THE 6 TRAIN AND OTHER MAJOR TRANSPORTATION. THIS IS A 4 FAMILY HOUSE, 1 ST FLR-HAS TWO UNITES, ONE BEDROOM APT, AND A 2 BEDROOM APT. 2 ND FLR- HAS TWO UNITES- 2 BEDROOM APT EACH. BASEMENT HAS TWO UNITS- 2 BEDROOMS EACH PLUS BATHROOM AND KITCHEN.

Last Agent to Sell the Property

Mohammad Hossain

Progress Realty Inc. Brokerage Phone: 718-239-4400 License #10401258738 Listed on: 08/01/2014

Last Buyer's Agent

Minhaj Sharif

Progress Realty Inc. License #40SH1171548

Progress Realty Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,257

Year Built

  • Built in 1927

Lot Details

  • No Common Walls

Parking

  • On-Street Parking

Home Design

  • 3,564 Sq Ft Home

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Finished Basement

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,257

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1927
  • Attribution Contact: 718-239-4400
  • Village: Bronx
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Basement: Finished
  • Living Area: 3564
  • SquareFootage: 3564.00
  • SquareFootageSource: Municipality

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: On Street

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Property Attached: No

Multi Family

  • Units Total: 4
  • Separate Electric Meters: 4
  • Separate Gas Meters: 4
  • NumberOf1Bedrooms: 1
  • NumberOf2Bedrooms: 3

Tax Info

  • Tax Annual Amount: 10257

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

Closed on
Oct 15, 2014
Sold by
Ahmed Shaw M and Ali Hasan M
Bought by
Islam Shahidul
Current Estimated Value
$1,077,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,500
Outstanding Balance
$305,636
Interest Rate
4.18%
Mortgage Type
New Conventional
Estimated Equity
$764,974

Purchase Details

Closed on
Sep 30, 2009
Sold by
Singh Sooknanan Ram and Singh Sumatie
Bought by
Ahmed Shah M and Ali Hasan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,768
Interest Rate
4.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2000
Sold by
Figueroa Efrain Rosado and Rosado Regina
Bought by
Singh Sumatie and Singh Sooknanan Ram
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Islam Shahidul $530,000 --
Ahmed Shah M $525,000 --
Singh Sumatie $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Islam Shahidul $397,500
Previous Owner Ahmed Shah M $480,768
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2015 04/28/15 Sold $530,000 -11.5% $149 / Sq Ft
08/27/2014 08/27/14 Pending -- -- --
08/01/2014 08/01/14 For Sale $599,000 -- $168 / Sq Ft
Source: OneKey® MLS

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 $17,128 $143,842 $38,082 $105,760
2024 $17,128 $139,324 $33,362 $105,962
2023 $15,545 $129,038 $36,786 $92,252
2022 $14,329 $256,050 $86,850 $169,200
2021 $0 $204,750 $86,850 $117,900
2020 $13,510 $223,650 $86,850 $136,800
2019 $13,223 $229,500 $86,850 $142,650
2018 $12,329 $99,260 $34,831 $64,429
2017 $11,472 $91,921 $34,182 $57,739
2016 $10,669 $85,114 $34,877 $50,237
2015 $7,124 $85,114 $39,871 $45,243
2014 $7,124 $82,440 $36,746 $45,694
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Mohammad Hossain

    Progress Realty Inc.

    (718) 239-4400

    1 in this area

    22 Total Sales

    Mohammad Hossain
    Section Image

  • M

    Buyer's Agent in 2015

    Minhaj Sharif

    Progress Realty Inc.

    (917) 702-2270

    1 in this area

    28 Total Sales

    Minhaj Sharif
    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY4428314

OneKey® MLS

APN: 03762-0018

New York Bronx County Bronx 10472 Soundview

1222 Commonwealth Ave, Bronx, NY

Not Listed for Sale

MultiFamily

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