NOT LISTED FOR SALE

1385 Teller Ave Bronx, NY 10456

Concourse Neighborhood

Estimated Value: $1,086,994 - $1,191,000

Studio
-- Bath
3,150 Sq Ft
$364/Sq Ft Est. Value

Sale Details

Date Sold: September 27, 2013

Last sale price $580,000 $184 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $6,051 / mo

208 Days on Market

Highlights

  • Contemporary Architecture
  • Park
  • 5-minute walk to Claremont Park
  • Property is near public transit
  • Forced Air Heating System

About This Home

As of September 2013

Nice 3 Family, Brick and fully detached Corner Property that would be a great find for investors!!! This multi unit property features (2) 3BR's over a 2BR apt and all apts contain a Living room, kitchen and 2 full baths. Also featured in this home is a 2 car driveway and hardwood floors throughout. Call today for more info!!!

Last Agent to Sell the Property

Judy Romeo

New Empire Real Estate Group Brokerage Phone: 718-798-1200 License #10401200341 Listed on: 11/30/2012

Last Buyer's Agent

Vernise Cardillo

eXp Realty License #10401204341

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,728

Year Built

  • Built in 2004

Lot Details

  • 1,611 Sq Ft Lot
  • No Common Walls

Parking

  • Driveway

Home Design

  • 3,150 Sq Ft Home
  • Contemporary Architecture
  • Brick Exterior Construction

Location

  • Property is near public transit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 02782-0036

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,728

Year Built

Built in 2004

Lot Details

1,611 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Contemporary
  • Property SubType: Multi Family
  • Year Built: 2004
  • Attribution Contact: 718-798-1200
  • Village: Bronx
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Basement: None
  • Living Area: 3150
  • SquareFootage: 3150.00

Exterior Features

  • Construction Materials: Brick

Garage/Parking

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

Utilities

  • Heating: Natural Gas, Forced Air
  • Sewer: Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdditionalFeesYN: 0

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 0.0371
  • Lot Size Sq Ft: 1611
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 02782-0036
  • Zoning Description: R7-1
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3
  • NumberOf2Bedrooms: 1
  • NumberOf3Bedrooms: 2

Tax Info

  • Tax Annual Amount: 4728
  • Tax Map Number: 02782-0036

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
Nov 30, 2012
Closed on
Sep 27, 2013
Sold by
Pelaez Gerges D
Bought by
Chung Michael
Seller's Agent
Judy Romeo
New Empire Real Estate Group
Buyer's Agent
Vernise Cardillo
eXp Realty
List Price
$589,000
Sold Price
$580,000
Premium/Discount to List
-$9,000
-1.53%
Current Estimated Value
$1,147,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$567,499
Avg. Annual Appreciation
5.57%

Purchase Details

Closed on
Feb 28, 2005
Sold by
Clay Development Ltd
Bought by
Pelaez Gerges D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$481,160
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 2004
Sold by
The City Of New York
Bought by
Clay Development Ltc
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
Chung Michael $580,000 --
Pelaez Gerges D $499,000 --
Batista Elba $499,000 --
Batista Feliciano $499,000 --
Clay Development Ltc $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Batista Feliciano $481,160
Previous Owner Pelaez Gerges D $399,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2013 09/27/13 Sold $580,000 -1.5% $184 / Sq Ft
06/27/2013 06/27/13 Pending -- -- --
11/30/2012 11/30/12 For Sale $589,000 -- $187 / 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 $106 $57,960 $7,977 $49,983
2024 $106 $32,746 $7,962 $24,784
2023 $107 $58,020 $13,320 $44,700
2022 $105 $53,280 $13,320 $39,960
2021 $111 $46,260 $13,320 $32,940
2020 $112 $44,880 $13,320 $31,560
2019 $110 $36,180 $13,320 $22,860
2018 $107 $27,288 $13,256 $14,032
2017 $107 $27,083 $11,496 $15,587
2016 $105 $25,550 $11,966 $13,584
2015 $72 $24,104 $10,228 $13,876
2014 $72 $22,740 $11,100 $11,640
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Judy Romeo

    New Empire Real Estate Group

    (917) 434-0937

    2 Total Sales

    Judy Romeo
    Section Image
  • Vernise Cardillo

    Buyer's Agent in 2013

    Vernise Cardillo

    eXp Realty

    (917) 841-1888

    28 Total Sales

    Vernise Cardillo
    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEYH3233765

OneKey® MLS

APN: 02782-0036

New York Bronx County Bronx 10456 Concourse

1385 Teller Ave, Bronx, NY

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