NOT LISTED FOR SALE

1403 Reed Place Bronx, NY 10465

Country Club Neighborhood

Estimated Value: $955,583 - $1,168,000

5 Beds
2 Baths
2,887 Sq Ft
$360/Sq Ft Est. Value

Last Sold February 27, 2023

Last sale price $950,000 $329 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $6,522/month

73 Days on Market

Highlights

  • Property is near public transit
  • Corner Lot
  • 2 Car Attached Garage
  • Wood Flooring
  • Porch
  • Window Unit Cooling System

About This Home

As of February 2023

Do not miss out on an opportunity to own this beautiful semi-attached brick 2 family home in the highly desired Country Club section of the Bronx. This impeccably maintained property sits on a 31 ft x 100 ft corner lot. The spacious layout consists of 3 bedroom/ 1 bathroom over 2 bedroom/ 1 bathroom and full finished basement including full bathroom. Hardwood floors throughout. Attached 2 car garage with driveway. Close to schools, shopping, public transportation, and major highways. A true turnkey living space or excellent investment opportunity!!

Last Agent to Sell the Property

Vincent Ferrante

Keller Williams Realty NYC Grp License #40FE0934366 Listed on: 10/07/2022

Keller Williams Realty NYC Grp

Last Buyer's Agent

George Zhun Zhang

B Square Realty License #10301217166

B Square Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,973

Year Built

  • Built in 1960

Lot Details

  • 3,101 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,887 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Finished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Municipal Trash

Additional Features

  • Porch
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 05409-0708

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,973

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: 2 Story
  • Property SubType: Multi Family
  • Year Built: 1960
  • Attribution Contact: 718-697-6800
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Finished, Walk-Out Access
  • Total Bedrooms: 5
  • Living Area: 2887.00
  • Square Footage: 2887.00

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Description: Attached, 2 Car Attached, Driveway

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Garbage Removal: Public
  • Heating: Natural Gas, Baseboard, Hot Water
  • Hot Water: Gas Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Call Listing Agent
  • Middle School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.0700
  • Lot Size Area: 0.0700
  • Lot Size Sq Ft: 3101.00
  • Lot Size Units: Acres
  • Lot Features: Corner Lot, Near Public Transit
  • Parcel Number: 05409-0708
  • Property Attached: Yes

Tax Info

  • Close Date: 2023-02-27
  • Tax Annual Amount: 7973.00
  • Tax Map Number: 05409-0708

Multi Family

  • Units Total: 2
  • Two Bedrooms: 1
  • Three Bedrooms: 1
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

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 7, 2022
Closed on
Feb 27, 2023
Sold by
Derosa Donald M and Derosa Maria
Bought by
Lin Amy and Lin Jacky
Seller's Agent
Vincent Ferrante
Keller Williams Realty NYC Grp
Buyer's Agent
George Zhun Zhang
B Square Realty
List Price
$1,050,000
Sold Price
$950,000
Premium/Discount to List
-$100,000
-9.52%
Views
53
Current Estimated Value
$1,039,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,896
Avg. Annual Appreciation
2.42%
Original Mortgage
$576,500
Outstanding Balance
$560,915
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$446,242

Purchase Details

Closed on
Nov 7, 2012
Sold by
Cipollone Yolanda
Bought by
Derosa Donald M and Derosa Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
3.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 26, 2000
Sold by
Cipollone Yolanda
Bought by
Cipollone Yolanda
Source: Public Records

Range of Values:

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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
Lin Amy $950,000 --
Lin Amy $950,000 --
Derosa Donald M $550,000 --
Derosa Donald M $550,000 --
Cipollone Yolanda -- --
Cipollone Yolanda -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Amy $576,500
Closed Lin Amy $576,500
Previous Owner Derosa Donald M $412,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2023 02/27/23 Sold $950,000 -5.0% $329 / Sq Ft
12/19/2022 12/19/22 Pending -- -- --
11/03/2022 11/03/22 Price Changed $999,999 -4.8% $346 / Sq Ft
10/07/2022 10/07/22 For Sale $1,050,000 -- $364 / 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 $9,343 $49,308 $10,843 $38,465
2024 $9,343 $46,517 $11,629 $34,888
2023 $8,912 $43,884 $11,955 $31,929
2022 $7,978 $54,120 $14,580 $39,540
2021 $8,410 $54,780 $14,580 $40,200
2020 $8,402 $49,440 $14,580 $34,860
2019 $7,816 $39,840 $14,580 $25,260
2018 $7,157 $36,570 $12,058 $24,512
2017 $6,733 $34,500 $14,580 $19,920
2016 $6,911 $36,120 $14,580 $21,540
2015 $1,685 $34,980 $16,200 $18,780
2014 $1,685 $33,554 $13,206 $20,348
Source: Public Records

Agents Affiliated with this Home

  • Vincent Ferrante

    Seller's Agent in 2023

    Vincent Ferrante

    Keller Williams Realty NYC Grp

    (914) 902-3247

    18 in this area

    62 Total Sales

    Section Image

  • G

    Buyer's Agent in 2023

    George Zhun Zhang

    B Square Realty

    (917) 609-8251

    4 in this area

    66 Total Sales

    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY6214614

OneKey® MLS

APN: 05409-0708

New York Bronx County Bronx 10465 Country Club

1403 Reed Place, Bronx, NY

This home is located at 1403 Reed Place, Bronx, NY 10465 since 07 October 2022 and is currently estimated at $1,039,896, approximately $360 per square foot. This property was built in 1960. 1403 Reed Place is a home located in Bronx County with nearby schools including P.S. 71 Rose E Scala, Herbert H Lehman High School, and Villa Maria Academy.

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