$526,000
SOLD MAR 18, 2025
5 Beds
3 Baths
2,560 Sq Ft
2,700 Sq Ft Lot

Recently Sold

$205 Per Sq Ft

12% Below List Price

126 Days on Market

Highlights

  • Property is near public transit
  • 4-minute walk to Elder Avenue
  • 3 Car Detached Garage
  • Wood Flooring
  • Main Floor Primary Bedroom
  • Eat-In Kitchen

About This Home

As of March 2025

Accepted Offer. Investment knocks. Value added property. 1323 Elder Ave is a three-family plus full basement with private entry located in the vibrant Soundview section of the Bronx. The first floor is a 6 room-3-bedroom- 1 bath apartment with front and side entries and access to the full unfinished basement with private entry, which adds an additional 1260 sq feet of space. The second floor consists of (2) 1 bedroom apartments, front and back, with 1 full bath in each. Easy access to the 6 train, local buses, shopping and restaurants along Westchester Ave. This home will be sold AS IS and with the 2 EXISTING TENANTS. The main floor and basement will be delivered vacant at closing. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:1 Car Detached,

Last Agent to Sell the Property

Maria Porco-Rosa

Weichert Realtors Legacy Group Brokerage Phone: 718 5972300 License #31PO0881590 Listed on: 08/13/2024

Weichert Realtors Legacy Group

Last Buyer's Agent

Maria Porco-Rosa

Weichert Realtors Legacy Group Brokerage Phone: 718 5972300 License #31PO0881590 Listed on: 08/13/2024

Weichert Realtors Legacy Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,159

Year Built

  • Built in 1942

Lot Details

  • 2,700 Sq Ft Lot

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Entrance Foyer
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 3 Car Detached Garage
  • Common or Shared Parking
  • Driveway

Location

  • Property is near public transit
  • Property is near schools
  • Property is near shops

Schools

  • Contact Agent Elementary And Middle School
  • Contact Agent High School

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Radiant Heating System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 2-3862-34

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,159

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Triplex
  • Property Condition: Actual
  • Levels: Two
  • Year Built: 1942
  • Attribution Contact: 718 5972300
  • ResoBuildingAreaSource: PublicRecords
  • CurrentPrice: 526000.00
  • MlsMajorChangeType: Sold
  • ListPrice_By_OriginalListPrice: 1.00000
  • CurrentPrice_By_BuildingAreaTotal: 205.46875
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Master Downstairs, First Floor Bedroom, Eat-in Kitchen, Entrance Foyer
  • Flooring: Hardwood
  • Full Bathrooms: 3
  • Basement: Full, Unfinished, Walk-Out Access
  • Total Bedrooms: 5
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 3
  • Parking Description: Detached, Common, Driveway

Utilities

  • Cooling: None
  • Heating: Oil, Radiant
  • Sewer: Public Sewer
  • Utilities: Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Contact Agent

Lot Info

  • Lot Size Sq Ft: 2700
  • Lot Features: Near Public Transit, Near School, Near Shops
  • Parcel Number: 2-3862-34
  • Property Attached: Yes
  • Additional Parcels: No

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

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

Tax Info

  • Tax Annual Amount: 6159
  • Tax Year: 2024

MLS Schools

  • Elementary School: Contact Agent
  • High School: Contact Agent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2024
Closed on
Mar 18, 2025
Sold by
Dennis Tomlinson and Dennis Sharon Tomlinson
Bought by
Elder Chai Llc
Seller's Agent
Maria Porco-Rosa
Weichert Realtors Legacy Group
Buyer's Agent
Maria Porco-Rosa
Weichert Realtors Legacy Group
List Price
$599,000
Sold Price
$526,000
Premium/Discount to List
-$73,000
-12.19%
Views
19
Current Estimated Value
$660,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,667
Avg. Annual Appreciation
36.65%
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 Type Sale Price Title Company
Deed $526,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2025 03/18/25 Sold $526,000 -12.2% $205 / Sq Ft
12/17/2024 12/17/24 Pending -- -- --
08/13/2024 08/13/24 For Sale $599,000 -- $234 / 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 $6,246 $32,746 $7,295 $25,451
2024 $6,246 $32,500 $7,377 $25,123
2023 $5,942 $30,660 $6,493 $24,167
2022 $5,487 $42,840 $10,800 $32,040
2021 $5,440 $44,760 $10,800 $33,960
2020 $5,480 $43,260 $10,800 $32,460
2019 $5,373 $34,860 $10,800 $24,060
2018 $4,911 $25,550 $7,742 $17,808
2017 $4,614 $24,104 $8,474 $15,630
2016 $4,236 $22,740 $10,800 $11,940
2015 $2,744 $25,844 $8,692 $17,152
2014 $2,744 $24,382 $8,200 $16,182
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: H6322783

OneKey® MLS

APN: 03862-0034