NOT LISTED FOR SALE

1248 Bronx River Ave Bronx, NY 10472

Parkchester Neighborhood

Estimated Value: $728,215 - $862,000

-- Bed
-- Bath
2,780 Sq Ft
$291/Sq Ft Est. Value

Last Sold August 10, 2022

Last sale price $780,000 $281 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,910/month

74 Days on Market

Highlights

  • 3 Car Attached Garage
  • 4-minute walk to Elder Avenue
  • Baseboard Heating
  • Central Air

About This Home

As of August 2022

THIS IS A HIGH DEMAND NEIGHBORHOOD, NEAR ALL MAJOR HIGHWAYS (BRONX EXPRESSWAY) AND MAJOR TRANSPORTATION (6 TRAIN). 1ST FLOOR HAS 2 BEDROOM APARTMENT, SECOND FLOOR HAS 3 BEDROOM APARTMENT, FINISHED BASEMENT WITH PRIVATE ENTRANCE. PROPERTY HAS 3 CAR PARKING. CONVENTIONAL LOANS ONLY.

Last Agent to Sell the Property

Mostafisur Rahman

Progress Realty Inc. License #31RA0916989 Listed on: 04/29/2022

Last Buyer's Agent

Non OneKey Agent

Non-Member MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,469

Year Built

  • Built in 1920

Lot Details

  • Two or More Common Walls

Parking

  • 3 Car Attached Garage

Home Design

  • 2,780 Sq Ft Home

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Oil Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2-03770-0059

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,469

Year Built

Built in 1920

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1920
  • Attribution Contact: 718-239-4400
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Living Area: 2780.00
  • Square Footage: 2780.00

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Description: Attached, 3 Car Attached

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Hot Water: Fuel Oil Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Call Listing Agent
  • Middle School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School: Call Listing Agent

Lot Info

  • Parcel Number: 2-03770-0059
  • Property Attached: Yes

Tax Info

  • Close Date: 2022-08-10
  • Tax Annual Amount: 4469.00
  • Tax Map Number: 2-03770-0059

Multi Family

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

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
Apr 29, 2022
Closed on
Jul 29, 2022
Sold by
Inoa Ines
Bought by
Ahmed Raju
Seller's Agent
Mostafisur Rahman
Progress Realty Inc.
Buyer's Agent
Non OneKey Agent
Non-Member MLS
List Price
$819,000
Sold Price
$780,000
Premium/Discount to List
-$39,000
-4.76%
Current Estimated Value
$810,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,054
Avg. Annual Appreciation
1.25%
Original Mortgage
$624,000
Outstanding Balance
$598,735
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$211,319

Purchase Details

Closed on
Oct 6, 2017
Sold by
Inoa Ines and Medina Jorge
Bought by
Inoa Ines

Purchase Details

Closed on
Mar 1, 2006
Sold by
Inoa Ines
Bought by
Inoa Ines and Medina Jorge

Purchase Details

Closed on
Dec 15, 2000
Sold by
Hasanoeddin Carmen and Batista Maria
Bought by
Ovalles Altagracia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,450
Interest Rate
7.52%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Ahmed Raju $780,000 --
Ahmed Raju $780,000 --
Inoa Ines -- --
Inoa Ines -- --
Inoa Ines -- --
Inoa Ines -- --
Ovalles Altagracia $185,000 --
Ovalles Altagracia $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahmed Raju $624,000
Closed Ahmed Raju $624,000
Previous Owner Inoa Ines $0
Previous Owner Ovalles Altagracia $183,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2022 08/10/22 Sold $780,000 -4.8% $281 / Sq Ft
07/12/2022 07/12/22 Pending -- -- --
04/29/2022 04/29/22 For Sale $819,000 -- $295 / 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 $5,947 $31,384 $9,049 $22,335
2024 $5,947 $29,608 $9,499 $20,109
2023 $5,673 $27,932 $9,548 $18,384
2022 $4,974 $33,600 $11,280 $22,320
2021 $5,243 $32,580 $11,280 $21,300
2020 $5,240 $35,040 $11,280 $23,760
2019 $4,868 $28,260 $11,280 $16,980
2018 $4,447 $23,277 $8,894 $14,383
2017 $4,177 $21,960 $8,530 $13,430
2016 $4,080 $21,960 $9,877 $12,083
2015 $2,279 $21,794 $8,524 $13,270
2014 $2,279 $20,561 $9,161 $11,400
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Mostafisur Rahman

    Progress Realty Inc.

    3 in this area

    10 Total Sales

    Mostafisur Rahman
    Section Image

  • N

    Buyer's Agent in 2022

    Non OneKey Agent

    Non-Member MLS

See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY6182211

OneKey® MLS

APN: 03770-0059

New York Bronx County Bronx 10472 Parkchester

1248 Bronx River Ave, Bronx, NY

This home is located at 1248 Bronx River Ave, Bronx, NY 10472 since 29 April 2022 and is currently estimated at $810,054, approximately $291 per square foot. This property was built in 1920. 1248 Bronx River Ave is a home located in Bronx County with nearby schools including P.S. 196, P.S. 195, and P.S. 214.

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