NOT LISTED FOR SALE

Estimated Value: $933,420 - $1,248,000

4 Beds
2 Baths
1,914 Sq Ft
$550/Sq Ft Est. Value

Last Sold January 29, 2013

Last sale price $500,000 $261 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $6,547/month

97 Days on Market

Highlights

  • Colonial Architecture
  • Property is near public transit
  • 1 Car Attached Garage
  • Pelham Memorial High School Rated A+
  • Main Floor Bedroom
  • Patio

About This Home

As of January 2013

A well located modern two family house, close to train and shops. Units have virtually identical layouts featuring 18x14 living rooms, nice sized bedrooms and EIKs. First floor has access to garage and rec room in basement. New appliances and central vacuum. Parking for three cars. Attractive backyard with oversized deck, great for entertaining. Taxes do not include deduction for STAR exemption. The tax assessment for next year has been tentatively lowered to $510000.

Last Agent to Sell the Property

Gary Bush

Pelham Realty, Inc. Brokerage Phone: 914-738-9000 License #10401230506 Listed on: 08/06/2012

Last Buyer's Agent

Anthony Del Vecchio

RMD Property Management Corp License #10311200693

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,805

Year Built

  • Built in 1960

Lot Details

  • 4,965 Sq Ft Lot
  • No Common Walls
  • Back Yard Fenced

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Clapboard

Interior Spaces

  • Main Floor Bedroom
  • 1,914 Sq Ft Home
  • Laundry in Basement

Schools

  • Hutchinson Elementary School
  • Pelham Middle School
  • Pelham Memorial High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Patio
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 4403-163-036-00001-000-0022

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,805

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1960
  • Attribution Contact: 914-738-9000
  • Village: Pelham
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Master Downstairs, First Floor Bedroom
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Living Area: 1914
  • SquareFootage: 1914.00

Exterior Features

  • Construction Materials: Clapboard
  • Fencing: Back Yard
  • Patio and Porch Features: Patio

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Attached, 1 Car Attached, Driveway

Utilities

  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Basement
  • Sewer: Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdditionalFeesYN: 0

Schools

  • Middle School: Pelham Middle School

Lot Info

  • Lot Size Acres: 0.11
  • Lot Dimensions: 0.1140
  • Lot Size Sq Ft: 4965
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 4403-163-036-00001-000-0022
  • Zoning Description: RA3
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf2Bedrooms: 2

Tax Info

  • Tax Annual Amount: 15805
  • Tax Map Number: 4403-163-036-00001-000-0022

MLS Schools

  • Elementary School: Hutchinson School
  • High School: Pelham Memorial High School
  • Middle School District: Pelham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2012
Closed on
Jan 29, 2013
Sold by
Libby Bruce A and Libby Helen Kostelas
Bought by
Nezaj Zenel and Nezaj Drita
Seller's Agent
Gary Bush
Pelham Realty, Inc.
Buyer's Agent
Anthony Del Vecchio
RMD Property Management Corp
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%
Current Estimated Value
$1,051,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$551,855
Avg. Annual Appreciation
5.92%
Original Mortgage
$400,000
Outstanding Balance
$280,139
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$771,716
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
Nezaj Zenel $500,000 Absolute Title Ag
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nezaj Zenel $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2013 01/29/13 Sold $500,000 -4.8% $261 / Sq Ft
11/12/2012 11/12/12 Pending -- -- --
08/06/2012 08/06/12 For Sale $525,000 -- $274 / 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
2024 -- $734,000 $231,000 $503,000
2023 $18,620 $699,000 $154,000 $545,000
2022 $18,442 $659,000 $154,000 $505,000
2021 $18,353 $610,000 $154,000 $456,000
2020 $17,938 $610,000 $154,000 $456,000
2019 $22,095 $600,000 $154,000 $446,000
2018 $16,431 $572,000 $154,000 $418,000
2017 $2,476 $550,000 $154,000 $396,000
2016 $19,560 $515,000 $154,000 $361,000
2015 -- $500,000 $154,000 $346,000
2014 -- $500,000 $154,000 $346,000
2013 -- $495,000 $154,000 $341,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEYH3224325

OneKey® MLS

APN: 4403-163-036-00001-000-0022