NOT LISTED FOR SALE

1405 Reed Place Bronx, NY 10465

Country Club Neighborhood

Estimated Value: $949,404 - $1,144,000

5 Beds
2 Baths
2,887 Sq Ft
$370/Sq Ft Est. Value

Last Sold September 28, 2023

Last sale price $1,100,000 $381 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $6,507/month

23 Days on Market

Highlights

  • Property is near public transit
  • 1 Car Attached Garage
  • Park
  • Porch
  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

About This Home

As of September 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 26 ft x 100 ft lot. The spacious layout consists of 3 bedrooms/ 1 bathroom over 2 bedrooms/ 1 bathroom with full finished basement. Home updates include renovated kitchens with stainless steel appliances and engineered vinyl plank flooring. One car attached garage and driveway. Close to schools, shopping, and public transportation. Ideal location, just 13 miles to midtown Manhattan, walking distance from Pelham Bay Park the largest public park in NYC. Excellent investment opportunity!!

Last Agent to Sell the Property

Vincent Ferrante

Keller Williams Realty NYC Grp License #40FE0934366 Listed on: 05/22/2023

Keller Williams Realty NYC Grp

Last Buyer's Agent

Elsa Ni

Motivated Access Realty Corp. License #10301221833

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,042

Year Built

  • Built in 1960

Lot Details

  • 2,601 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,887 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • Porch
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 05409-0707

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

$8,042

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 5
  • Living Area: 2887
  • SquareFootage: 2887.00
  • SquareFootageSource: Municipality

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Attached, 1 Car Attached

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Sewer: Public 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 Area: 0.06
  • Lot Size Sq Ft: 2601
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 05409-0707
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Multi Family

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

Tax Info

  • Tax Annual Amount: 8042
  • Tax Map Number: 05409-0707

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
May 22, 2023
Closed on
Sep 28, 2023
Sold by
Derosa Audrey C and Derosa Dominick
Bought by
Qiu Mei Duan and Xiao Mei Chun
Seller's Agent
Vincent Ferrante
Keller Williams Realty NYC Grp
Buyer's Agent
Elsa Ni
Motivated Access Realty Corp.
List Price
$1,068,689
Sold Price
$1,100,000
Premium/Discount to List
$31,311
2.93%
Views
107
Current Estimated Value
$1,068,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,149
Avg. Annual Appreciation
-4.14%
Original Mortgage
$550,000
Outstanding Balance
$540,786
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$472,150

Purchase Details

Closed on
Aug 18, 2020
Sold by
Derosa Audrey C and De Rosa Donald
Bought by
Derosa Dominick and Derosa Donald
Source: Public Records

Range of Values:

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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
Qiu Mei Duan $1,100,000 --
Derosa Dominick -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Qiu Mei Duan $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2023 09/28/23 Sold $1,100,000 +2.9% $381 / Sq Ft
06/15/2023 06/15/23 Pending -- -- --
05/22/2023 05/22/23 For Sale $1,068,689 -- $370 / 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 $8,741 $46,133 $9,002 $37,131
2024 $8,741 $43,522 $9,739 $33,783
2023 $8,054 $41,059 $10,357 $30,702
2022 $7,446 $55,920 $13,440 $42,480
2021 $7,849 $53,340 $13,440 $39,900
2020 $7,841 $46,140 $13,440 $32,700
2019 $7,294 $37,200 $13,440 $23,760
2018 $6,677 $34,216 $10,675 $23,541
2017 $6,281 $32,280 $13,440 $18,840
2016 $6,731 $35,220 $13,440 $21,780
2015 $3,914 $35,019 $14,680 $20,339
2014 $3,914 $33,038 $12,675 $20,363
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

    19 in this area

    63 Total Sales

    Vincent Ferrante
    Section Image
  • Elsa Ni

    Buyer's Agent in 2023

    Elsa Ni

    Motivated Access Realty Corp.

    (347) 933-0712

    2 in this area

    13 Total Sales

    Elsa Ni
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY6247678

OneKey® MLS

APN: 05409-0707

New York Bronx County Bronx 10465 Country Club

1405 Reed Place, Bronx, NY

This home is located at 1405 Reed Place, Bronx, NY 10465 since 22 May 2023 and is currently estimated at $1,068,851, approximately $370 per square foot. This property was built in 1960. 1405 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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