NOT LISTED FOR SALE

1374 Prospect Ave Bronx, NY 10459

Crotona Park East Neighborhood

Estimated Value: $732,000 - $884,000

4 Beds
2 Baths
1,846 Sq Ft
$436/Sq Ft Est. Value

Last Sold February 01, 2024

Last sale price $585,000 $317 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $4,447/month

68 Days on Market

Highlights

  • Property is near public transit
  • Hot Water Heating System
  • Level Lot
  • Park

About This Home

As of February 2024

Detached 2-Family home located in the Crotona Park East section of the Bronx. Highways and public transportation easily accessible.

Last Agent to Sell the Property

Joe Hasselt

Joe Hasselt Real Estate Brokerage Phone: (718) 892-1700 License #35HA0410049 Listed on: 10/26/2023

Last Buyer's Agent

Non Non Member-MLS

Non-Member MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,601

Year Built

  • Built in 1900

Lot Details

  • 2,788 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,846 Sq Ft Home
  • 2-Story Property
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Oil

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 02971-0007

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,601

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Year Built: 1900
  • Attribution Contact: (718) 892-1700
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Walk-Out Access
  • Total Bedrooms: 4
  • Living Area: 1846
  • SquareFootage: 1846.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame, Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: On Street

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Oil, Hot Water
  • Sewer: Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Sq Ft: 2788
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 02971-0007
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3
  • NumberOf2Bedrooms: 2

Tax Info

  • Tax Annual Amount: 2601
  • Tax Map Number: 02971-0007

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
Oct 26, 2023
Closed on
Jan 26, 2024
Sold by
Mtglq Investors Lp
Bought by
Paredes Rafael
Seller's Agent
Joe Hasselt
Joe Hasselt Real Estate
Buyer's Agent
Non Non Member-MLS
Non-Member MLS
List Price
$595,000
Sold Price
$585,000
Premium/Discount to List
-$10,000
-1.68%
Views
81
Current Estimated Value
$805,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,333
Avg. Annual Appreciation
18.32%
Original Mortgage
$555,750
Outstanding Balance
$544,834
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$260,499

Purchase Details

Closed on
Sep 20, 2017
Sold by
Torres Alberto Esq
Bought by
Mtglq Investors L P

Purchase Details

Closed on
May 23, 2005
Sold by
Nwosu Benice
Bought by
Nwosu Benice and Nwosu Emmanuel

Purchase Details

Closed on
Apr 30, 2003
Sold by
Sassy Homes Inc As Contract Vendee
Bought by
Nwosu Benice C

Purchase Details

Closed on
Sep 15, 1998
Sold by
1374 Prospect Avenue Holding Corp
Bought by
Lassiter Kevin R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,100
Interest Rate
6.8%
Mortgage Type
FHA

Purchase Details

Closed on
May 1, 1998
Sold by
Williams Roslyn and Dodson Thelma
Bought by
1374 Prospect Avenue Holding Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
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
Paredes Rafael $595,676 --
Paredes Rafael $595,676 --
Mtglq Investors L P $689,212 --
Mtglq Investors L P $689,212 --
Nwosu Benice -- --
Nwosu Benice -- --
Nwosu Benice C $264,000 --
Nwosu Benice C $264,000 --
Sassy Homes Inc $162,000 --
Lassiter Kevin R $190,000 Record & Return Title Agency
Lassiter Kevin R $190,000 Record & Return Title Agency
1374 Prospect Avenue Holding Corp $60,000 Commonwealth Land Title Ins
1374 Prospect Avenue Holding Corp $60,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paredes Rafael $555,750
Closed Paredes Rafael $555,750
Previous Owner Lassiter Kevin R $188,100
Previous Owner 1374 Prospect Avenue Holding Corp $55,000
Closed Sassy Homes Inc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2024 02/01/24 Sold $585,000 -1.7% $317 / Sq Ft
01/03/2024 01/03/24 Pending -- -- --
10/26/2023 10/26/23 For Sale $595,000 -- $322 / 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 $2,726 $14,386 $3,049 $11,337
2024 $2,726 $13,573 $3,429 $10,144
2023 $2,601 $12,805 $3,632 $9,173
2022 $2,412 $36,240 $11,520 $24,720
2021 $2,543 $38,040 $11,520 $26,520
2020 $2,538 $38,760 $11,520 $27,240
2019 $2,366 $36,300 $11,520 $24,780
2018 $2,175 $10,671 $4,224 $6,447
2017 $2,052 $10,068 $5,636 $4,432
2016 $2,013 $10,068 $5,155 $4,913
2015 $1,146 $9,990 $4,320 $5,670
2014 $1,146 $9,426 $3,907 $5,519
Source: Public Records

Agents Affiliated with this Home

  • Joe Hasselt

    Seller's Agent in 2024

    Joe Hasselt

    Joe Hasselt Real Estate

    (718) 892-1700

    3 in this area

    96 Total Sales

    Joe Hasselt
    Section Image

  • N

    Buyer's Agent in 2024

    Non Non Member-MLS

    Non-Member MLS

See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY6275379

OneKey® MLS

APN: 02971-0007

New York Bronx County Bronx 10459 Crotona Park East

1374 Prospect Ave, Bronx, NY

Not Listed for Sale

MultiFamily

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