NOT LISTED FOR SALE

1403 Reed Place Bronx, NY 10465

Country Club Neighborhood

Estimated Value: $915,518 - $1,142,000

5 Beds
2 Baths
2,887 Sq Ft
$371/Sq Ft Est. Value

Last Sold February 27, 2023

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

Est. 13% increase in value since last sale

Current estimated payment $6,356/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

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 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
$1,071,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,880
Avg. Annual Appreciation
4.24%
Original Mortgage
$576,500
Outstanding Balance
$557,778
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$514,102

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:

--
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
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 List to Sale Price per Sq Ft
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

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

    12 in this area

    56 Total Sales

    Vincent Ferrante
    Section Image

  • G

    Buyer's Agent in 2023

    George Zhun Zhang

    B Square Realty

    (917) 609-8251

    4 in this area

    70 Total Sales

    George Zhun Zhang
    Section Image
See All Agents

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

Not Listed for Sale

MultiFamily

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