NOT LISTED FOR SALE

Estimated Value: $910,554 - $1,091,000

6 Beds
2 Baths
2,648 Sq Ft
$368/Sq Ft Est. Value

Last Sold April 12, 2018

Last sale price $740,000 $279 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $5,646/month

44 Days on Market

Highlights

  • Water Access
  • 1-minute walk to Elder Avenue
  • Park
  • Colonial Architecture
  • Property is near public transit
  • Central Air

About This Home

As of April 2018

This Multi-Family is located at 1235 Elder Ave, Bronx, NY. 1235 Elder Ave is in the Park Versailles neighborhood in Bronx, NY and in ZIP Code 10472. 1235 Elder Ave has approximately 2,648 square feet and was built in 1935.

Last Agent to Sell the Property

Rafael Paredes

Paredes Realty NYC LLC Brokerage Phone: 718-727-4887 License #10491211193 Listed on: 12/06/2017

Last Buyer's Agent

Non Non Member-MLS

Non-Member MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,136

Year Built

  • Built in 1935

Lot Details

  • 2,500 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • 2,648 Sq Ft Home
  • Colonial Architecture
  • Brick Exterior Construction
  • Cellulose Insulation

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement

Parking

  • Driveway
  • Parking Lot

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Water Access
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 03772-0055

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,136

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: See Remarks, Colonial
  • Property SubType: Multi Family
  • Year Built: 1935
  • Attribution Contact: 718-727-4887
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Basement: Full, Partial
  • Total Bedrooms: 6
  • Living Area: 2648
  • SquareFootage: 2648.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Cellulose Insulation, Brick
  • Waterfront Features: Water Access

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Electric, See Remarks
  • Sewer: Public Sewer, Other
  • Water Source: Public, See Remarks
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 0.0574
  • Lot Size Sq Ft: 2500
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 03772-0055
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities, See Remarks

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 5136
  • Tax Map Number: 03772-0055
  • IncludedInTaxes: Sewer,Trash

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
Dec 6, 2017
Closed on
Apr 2, 2018
Sold by
1235 Elder Ave Inc
Bought by
Lopez Eugenio and Lopez Maria
Seller's Agent
Rafael Paredes
Paredes Realty NYC LLC
Buyer's Agent
Non Non Member-MLS
Non-Member MLS
List Price
$729,000
Sold Price
$740,000
Premium/Discount to List
$11,000
1.51%
Current Estimated Value
$973,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,639
Avg. Annual Appreciation
3.59%
Original Mortgage
$602,360
Outstanding Balance
$515,787
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$457,852

Purchase Details

Closed on
Jun 30, 2017
Sold by
Rajaram Veejai
Bought by
1235 Elder Ave Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2005
Sold by
Jadoonanan Patrina
Bought by
Rajaram Veejai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,600
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 2003
Sold by
Jadoonanan Ramchand and Jadoonanan Seedai
Bought by
Jadoonanan Patrina
Source: Public Records
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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
Lopez Eugenio $740,000 --
Lopez Eugenio $740,000 --
1235 Elder Ave Inc $175,000 --
1235 Elder Ave Inc $175,000 --
Rajaram Veejai $412,000 --
Rajaram Veejai $412,000 --
Jadoonanan Patrina -- --
Jadoonanan Patrina -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Eugenio $602,360
Closed Lopez Eugenio $602,360
Previous Owner 1235 Elder Ave Inc $175,000
Previous Owner Rajaram Veejai $329,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2018 04/12/18 Sold $740,000 +1.5% $279 / Sq Ft
12/05/2017 12/05/17 Pending -- -- --
12/05/2017 12/05/17 For Sale $729,000 -- $275 / 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 $6,958 $34,906 $5,691 $29,215
2024 $6,958 $34,643 $6,380 $28,263
2023 $6,637 $32,682 $6,958 $25,724
2022 $6,155 $47,580 $9,900 $37,680
2021 $6,122 $43,260 $9,900 $33,360
2020 $6,157 $44,040 $9,900 $34,140
2019 $6,039 $37,800 $9,900 $27,900
2018 $5,552 $27,235 $7,708 $19,527
2017 $5,238 $25,694 $8,248 $17,446
2016 $4,846 $24,240 $9,900 $14,340
2015 $2,993 $24,832 $8,937 $15,895
2014 $2,993 $24,583 $8,848 $15,735
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4751867

OneKey® MLS

APN: 03772-0055