NOT LISTED FOR SALE

1340 Commonwealth Ave Bronx, NY 10472

Parkchester Neighborhood

Estimated Value: $697,616 - $975,000

5 Beds
3 Baths
1,760 Sq Ft
$490/Sq Ft Est. Value

Last Sold November 17, 2022

Last sale price $820,000 $466 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,918/month

20 Days on Market

Highlights

  • Central Air
  • Hot Water Heating System
  • 4-minute walk to St Lawrence Avenue

About This Home

As of November 2022

Terrific legal two-family home situated in the Soundview section of the Bronx. This wonderful home features a 2nd-floor Apartment - 3 Bedrooms and 1 Bath, and a 1st-floor apartment which has 2 bedrooms and 1 bath. The lower level is finished with its own separate entrance. This is a great investment property, or you can live in one unit and rent out the other unit. This home is in good condition, and waiting for you to call it home!!!!

Last Agent to Sell the Property

Kandice Inder

Keller Williams Legendary License #10401351985 Listed on: 08/27/2022

Keller Williams Legendary

Co-Listed By

Sheahan Sewgobind

New York 1 Homes Network Inc License #10401323986

New York 1 Homes Network Inc

Last Buyer's Agent

Sheahan Sewgobind

New York 1 Homes Network Inc License #10401323986

New York 1 Homes Network Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,107

Year Built

  • Built in 1965

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20x100
  • Two or More Common Walls

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • Private Parking
  • Driveway

Schools

  • Ps 214 Elementary And Middle School
  • Cinema High School

Utilities

  • Central Air
  • 2 Heating Zones
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 24 / 3875
  • Assessor Parcel Number 03875-0024

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,107

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: 2 Story
  • Property SubType: Multi Family
  • Year Built: 1965
  • New Construction: No
  • Attribution Contact: 516-328-8600
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Finished, Full
  • Total Bedrooms: 5
  • Kitchens: 2

Exterior Features

  • Construction Materials: Brick
  • Flood Zone Report: No

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Hot Water: Gas Stand Alone
  • Heating Zones: 2
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Ps 214

Lot Info

  • Lot Size Acres: 0.0500
  • Lot Dimensions: 20x100
  • Lot Size Sq Ft: 2000.00
  • Lot Size Units: Acres
  • Parcel Number: 03875-0024
  • Property Attached: Yes

Rental Info

  • Hold End Date: 2022-09-09
  • Hold Start Date: 2022-09-07
  • Lease Considered: No

Tax Info

  • Close Date: 2022-11-17
  • Included in Taxes: Sewer, Trash
  • Tax Annual Amount: 5107.00
  • Tax Block: 3875
  • Tax Lot: 24
  • Tax Map Number: 03875-0024

Multi Family

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

MLS Schools

  • Elementary School: Ps 214
  • High School: Cinema School (The)
  • Middle School District: Bronx 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2022
Closed on
Nov 17, 2022
Sold by
Wilkinson Street Llc
Bought by
Haider Abul K and Kaiser Abul H
Seller's Agent
Kandice Inder
Keller Williams Legendary
Buyer's Agent
Sheahan Sewgobind
New York 1 Homes Network Inc
List Price
$750,000
Sold Price
$820,000
Premium/Discount to List
$70,000
9.33%
Views
57
Current Estimated Value
$861,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,654
Avg. Annual Appreciation
1.57%
Original Mortgage
$697,000
Outstanding Balance
$675,895
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$185,759

Purchase Details

Closed on
Aug 23, 2022
Sold by
Gonzalez Maria
Bought by
Wilkinson Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 3, 2020
Sold by
Calderon Manuel and Gonzalez Maria
Bought by
Gonzalez Maria

Purchase Details

Closed on
Apr 24, 2018
Sold by
Calderon Manuel
Bought by
Calderon Manuel and Gonzalez Maria
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Haider Abul K $820,000 --
Wilkinson Street Llc $600,000 --
Gonzalez Maria -- --
Calderon Manuel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haider Abul K $697,000
Previous Owner Wilkinson Street Llc $560,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2022 11/17/22 Sold $820,000 +9.3% $466 / Sq Ft
09/16/2022 09/16/22 Pending -- -- --
09/10/2022 09/10/22 For Sale $750,000 -8.5% $426 / Sq Ft
09/07/2022 09/07/22 Off Market $820,000 -- --
08/27/2022 08/27/22 For Sale $750,000 -- $426 / 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 $5,205 $27,470 $5,280 $22,190
2024 $5,205 $25,916 $5,933 $19,983
2023 $4,966 $24,451 $5,521 $18,930
2022 $1,637 $33,300 $7,980 $25,320
2021 $1,842 $30,360 $7,980 $22,380
2020 $1,764 $30,840 $7,980 $22,860
2019 $1,600 $29,820 $7,980 $21,840
2018 $1,418 $20,376 $5,475 $14,901
2017 $1,431 $20,376 $6,288 $14,088
2016 $1,400 $20,221 $6,434 $13,787
2015 $811 $19,077 $8,304 $10,773
2014 $811 $17,998 $7,834 $10,164
Source: Public Records

Agents Affiliated with this Home

  • Kandice Inder

    Seller's Agent in 2022

    Kandice Inder

    Keller Williams Legendary

    (718) 496-1507

    1 in this area

    33 Total Sales

    Kandice Inder
    Section Image
  • Sheahan Sewgobind

    Seller Co-Listing Agent in 2022

    Sheahan Sewgobind

    New York 1 Homes Network Inc

    (347) 581-3088

    2 in this area

    31 Total Sales

    Sheahan Sewgobind
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY3426446

OneKey® MLS

APN: 03875-0024

New York Bronx County Bronx 10472 Parkchester

1340 Commonwealth Ave, Bronx, NY

Not Listed for Sale

MultiFamily

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