NOT LISTED FOR SALE

1223 E 224th St Unit 1225 Bronx, NY 10466

Edenwald Neighborhood

Estimated Value: $949,000 - $1,074,054

9 Beds
6 Baths
3,316 Sq Ft
$307/Sq Ft Est. Value

Last Sold March 17, 2022

Last sale price $948,500 $286 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $6,089/month

56 Days on Market

Highlights

  • Property is near public transit
  • Park
  • Hot Water Heating System
  • Window Unit Cooling System
  • Instant Hot Water
  • Stone Wall

About This Home

As of March 2022

Looking for an Investment property or a House to call HOME! Welcome to this Enormous 3 Family Brick semi-detached house Located in a really quiet tree line area of the Bronx. Property Features Three Spacious Units. Third Unit (3) Three bedroom, (2) Two Bathroom, Kitchen, dining area, living room. The second Unit features a (3) Three bedroom, (2) Bathroom, kitchen, dining area, living room. First Unit features (3) Three Bedroom, (2) Bedroom, kitchen, dining area, living room. Property has a Walkout Finished Basement, Laundry Room, Brand New Boiler room, Spacious Backyard for all family gatherings, (3) Three-car driveway. Property is close to all transportation, Bay plaza Mall, Pelham Bay Park. As per the seller's request, Due to Tenants living in the property, all showings will be handled during day hours 11:00 a.m. - 2:00 p.m. No exceptions Please do not bother tenants! The property roof needs a little TLC, and the property needs a C of O. PROPERTY HAS AN ACCEPTED OFFER!

Last Agent to Sell the Property

Maritza Merced

RE/MAX Voyage Realty License #10401321925 Listed on: 11/13/2021

RE/MAX Voyage Realty

Last Buyer's Agent

Michael George

Nest Seekers LLC License #10401313070

Nest Seekers LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,989

Year Built

  • Built in 2006

Lot Details

  • Two or More Common Walls
  • Stone Wall

Parking

  • Driveway

Home Design

  • 3,316 Sq Ft Home
  • Tri-Level Property
  • Brick Exterior Construction
  • Frame Construction

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Oil

Additional Features

  • Instant Hot Water
  • Property is near public transit
  • Partially Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 2048990027

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,989

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Trilevel
  • Property SubType: Multi Family
  • Year Built: 2006
  • Attribution Contact: 718-228-1101
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 6
  • Full Bathrooms: 6
  • Basement: Partially Finished
  • Total Bedrooms: 9
  • Living Area: 3316.00
  • Square Footage: 3316.00

Exterior Features

  • Construction Materials: Brick, Frame

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Oil, Hot Water
  • Hot Water: On Demand
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Features: Stone/Brick Wall, Near Public Transit
  • Parcel Number: 2048990027
  • Property Attached: Yes

Tax Info

  • Close Date: 2022-03-17
  • Tax Annual Amount: 8989.00
  • Tax Map Number: 2048990027

Multi Family

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

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

Listed on
Nov 13, 2021
Closed on
May 4, 2022
Sold by
Alba Amarilis
Bought by
Lilly Properties Llc
Seller's Agent
Maritza Merced
RE/MAX Voyage Realty
Buyer's Agent
Michael George
Nest Seekers LLC
List Price
$950,000
Sold Price
$948,500
Premium/Discount to List
-$1,500
-0.16%
Current Estimated Value
$1,019,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,764
Avg. Annual Appreciation
1.92%
Original Mortgage
$748,000
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 13, 2021
Closed on
Mar 17, 2022
Sold by
Nunez Miledy
Bought by
Hernandez Amarilis Alba
Seller's Agent
Maritza Merced
RE/MAX Voyage Realty
Buyer's Agent
Michael George
Nest Seekers LLC
List Price
$950,000
Sold Price
$948,500
Premium/Discount to List
-$1,500
-0.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$748,000
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 22, 2007
Sold by
219 East 224Th Street Inc
Bought by
Nunez Miledy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lilly Properties Llc -- --
Hernandez Amarilis Alba $948,500 --
Nunez Miledy $760,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hernandez Amarilis Alba $748,000
Previous Owner Nunez Miledy $608,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2022 03/17/22 Sold $948,500 -0.2% $286 / Sq Ft
01/08/2022 01/08/22 Pending -- -- --
11/13/2021 11/13/21 For Sale $950,000 -- $286 / 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
2025 $9,163 $48,355 $7,318 $41,037
2024 $9,163 $45,619 $6,834 $38,785
2023 $9,265 $45,619 $6,486 $39,133
2022 $9,038 $58,920 $8,880 $50,040
2021 $8,989 $53,220 $8,880 $44,340
2020 $8,529 $46,020 $8,880 $37,140
2019 $7,953 $45,300 $8,880 $36,420
2018 $7,750 $38,016 $7,364 $30,652
2017 $7,691 $37,729 $8,564 $29,165
2016 $7,116 $35,594 $8,055 $27,539
2015 $5,169 $33,580 $9,028 $24,552
2014 $5,169 $31,680 $9,840 $21,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6154302

OneKey® MLS

APN: 04899-0027