$1,220,000
SOLD JUL 16, 2024 RENTED FEB 7, 2025
8 Beds
6 Baths
3,937 Sq Ft
2,422 Sq Ft Lot

Recently Sold

$310 Per Sq Ft

2% Below List Price

67 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Formal Dining Room
  • Property is near public transit
  • Corner Lot
  • 1 Car Attached Garage

About This Home

As of July 2024

This is the one!! All Brick glowing 3 family home is ideal for home owner or investors. First floor boasts 2 bedroom/1 bathroom, second floor is 3 bedroom/2 bathroom with terrace and third floor is 3 bedroom/2 bathroom. Basement is finished. Corner lot with attached 1 car garage and patio. Units show well as landlord has kept up with them over the years. Ideal location. Separate boilers & meters. Tenants are responsible for all expenses.

Last Agent to Sell the Property

Michael D'Onofrio

ERA Insite Realty Services Brokerage Phone: (914) 329-4559 License #30DO0491138 Listed on: 05/03/2023

ERA Insite Realty Services

Last Buyer's Agent

Ephraim Obiamaukwu

YourHomeSold Guaranteed Realty License #10401274107

YourHomeSold Guaranteed Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,226

Year Built

  • Built in 1988 | Remodeled in 1995

Lot Details

  • 2,422 Sq Ft Lot
  • No Common Walls
  • Fenced
  • Corner Lot

Parking

  • 1 Car Attached Garage
  • Tandem Parking
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,937 Sq Ft Home
  • Formal Dining Room
  • Wood Flooring
  • Finished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 8 Bedrooms

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • Patio
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 04711-0070

Community Details

Overview

  • 3 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,226

Year Built

Built in 1988 | Remodeled in 1995

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1988
  • Year Built Effective: 1995
  • Attribution Contact: (914) 329-4559
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 1995

Interior Features

  • Interior Amenities: Formal Dining
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Basement: Finished, Walk-Out Access
  • Total Bedrooms: 8
  • Living Area: 3937
  • SquareFootage: 3937.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Brick
  • Fencing: Fenced
  • Patio and Porch Features: Patio

Garage/Parking

  • Total Parking Spaces: 3
  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Attached, 1 Car Attached, Driveway, Tandem

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Electric Stand Alone
  • NumberOfHeatingZones: 3

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Size Sq Ft: 2422
  • Lot Size Units: Acres
  • Lot Features: Corner Lot, Near Public Transit
  • Parcel Number: 04711-0070
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 4
  • Separate Gas Meters: 4
  • NumberOf1Bedrooms: 0
  • NumberOf2Bedrooms: 1
  • NumberOf3Bedrooms: 2
  • NumberOf4Bedrooms: 0

Tax Info

  • Tax Annual Amount: 10226
  • Tax Map Number: 04711-0070

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
May 3, 2023
Closed on
Jul 16, 2024
Sold by
Barham Lovetta and Clarke Lovetta
Bought by
1300 Needham Ave Llc
Seller's Agent
Michael D'Onofrio
ERA Insite Realty Services
Buyer's Agent
Ephraim Obiamaukwu
YourHomeSold Guaranteed Realty
List Price
$1,250,000
Sold Price
$1,220,000
Premium/Discount to List
-$30,000
-2.4%
Views
188
Current Estimated Value
$1,113,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$106,534
Avg. Annual Appreciation
-4.29%
Original Mortgage
$976,000
Outstanding Balance
$966,921
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$195,094

Purchase Details

Closed on
Aug 24, 2001
Sold by
Barham-Clarke Lovetta and Clarke Junior
Bought by
Barham Lovetta

Purchase Details

Closed on
Dec 10, 1994
Sold by
Clarke Junior and Barham Clarke Lovetta
Bought by
Clarke Junior and Barham Clarke Lovetta
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,220,000 --
Deed -- --
Deed -- --
Interfamily Deed Transfer -- Chicago Title Insurance Co
Interfamily Deed Transfer -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $976,000 Purchase Money Mortgage
Previous Owner $159,587 No Value Available
Previous Owner $100,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2025 02/07/25 Rented $3,027 0.0% --
02/06/2025 02/06/25 Off Market $3,027 -- --
02/06/2025 02/06/25 Under Contract -- -- --
02/06/2025 02/06/25 For Rent $3,027 0.0% --
07/16/2024 07/16/24 Sold $1,220,000 0.0% $310 / Sq Ft
11/02/2023 11/02/23 Off Market $1,220,000 -- --
07/10/2023 07/10/23 Pending -- -- --
06/27/2023 06/27/23 For Sale $1,250,000 +2.5% $318 / Sq Ft
06/05/2023 06/05/23 Off Market $1,220,000 -- --
05/03/2023 05/03/23 For Sale $1,250,000 -- $318 / 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 $9,284 $48,997 $6,545 $42,452
2024 $9,284 $46,224 $6,732 $39,492
2023 $9,388 $46,224 $6,385 $39,839
2022 $9,013 $58,920 $8,520 $50,400
2021 $8,964 $49,200 $8,520 $40,680
2020 $8,643 $54,360 $8,520 $45,840
2019 $8,058 $49,260 $8,520 $40,740
2018 $7,852 $38,520 $6,017 $32,503
2017 $7,670 $37,624 $7,927 $29,697
2016 $7,096 $35,496 $7,579 $27,917
2015 $4,281 $34,026 $6,669 $27,357
2014 $4,281 $32,100 $7,080 $25,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6237397

OneKey® MLS

APN: 04711-0070