NOT LISTED FOR SALE

Estimated Value: $1,014,000 - $1,168,000

5 Beds
3 Baths
3,100 Sq Ft
$350/Sq Ft Est. Value

Last Sold September 28, 2023

Last sale price $975,000 $315 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $6,554/month

147 Days on Market

Highlights

  • Property is near public transit
  • 4-minute walk to Parkchester
  • New Windows
  • Wood Flooring
  • Balcony
  • 4-minute walk to Virginia Park

About This Home

As of September 2023

RARE OPPORTUNITY - Investment Property or Home in Prime Parkchester. Renovated and Well-Maintained 3-Family Brick Detached Home. First Floor - Living Room, New Kitchen, Dining Room, (3) Bedrooms, (1) Full Bath, Balcony Second Floor (Front) - Living Room, New Kitchen, (1) Bedroom, (1) Full Bath Second Floor (Back) - Living Room, Kitchen, (1) Bedroom, (1) Full Bath Balcony This Multi-Family Features New Kitchen Appliances (in 2022), Roof (7-8 yrs old), Boiler (New), Water Heater (in 2015), Gas Meters (3), Electric Meters (4), Double-Paned Windows (New), Hardwood Floors throughout, Basement with Separate Walk-out, Re-Pointing (5 yrs old), Driveway (5 yrs old), Front Stoop (10 yrs old). Shared Driveway Leads to Private 2-Car Garage Located in the Rear. Transporation Hubs within a 4-block Radius: Subway (#6 Parkchester), Multiple Bus Lines (Bx4, Bx4A, Bx11, Bx36, Bx39, Q44), Midtown Bus (BxM6), Highways (I-95). Location Offers its' Residences Supermarkets, Shopping District, Restaurants, Health Services, Pharmacies, Banks, Post Office, and Parks. Don't Miss this Investment Opportunity or Place to call Home!

Last Agent to Sell the Property

Cassandra Cho

Global Compass Group LLC License #10491207325 Listed on: 01/13/2023

Global Compass Group LLC

Last Buyer's Agent

Cassandra Cho

Global Compass Group LLC License #10491207325 Listed on: 01/13/2023

Global Compass Group LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,267

Year Built

  • Built in 1925

Lot Details

  • 2,250 Sq Ft Lot
  • Lot Dimensions are 25x90
  • No Common Walls
  • East Facing Home
  • Private Entrance
  • Level Lot

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Block Exterior

Interior Spaces

  • 2-Story Property
  • New Windows
  • Double Pane Windows
  • Wood Flooring
  • Home Security System
  • Microwave

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Basement

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

Schools

  • Fannie Lou Hamer Middle School
  • Metropolitan Soundview High School

Utilities

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

Additional Features

  • Balcony
  • Property is near public transit

Listing and Financial Details

  • Exclusions: A/C Units
  • Legal Lot and Block 62 / 3902
  • Assessor Parcel Number 03902-0062

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,267

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Property Condition: Excellent
  • Levels: Two
  • Exclusions: A/C Units
  • Year Built: 1925
  • New Construction: No
  • Village: Bronx
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Microwave, Refrigerator
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Full, Walk-Out Access
  • Inclusions: Ceiling Fan,Light Fixtures,Microwave,Refrigerator
  • Total Bedrooms: 5
  • Window Features: New Windows, Double Pane Windows
  • NumberOfKitchens: 3

Exterior Features

  • Direction Faces: East
  • Construction Materials: Brick, Block
  • Exterior Features: Balcony, Private Entrance
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Private, Attached, 2 Car Attached, On Street

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Security: Security System
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • SeparateHotwaterHeaterDetail: Y

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Fannie Lou Hamer Middle School

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Dimensions: 25x90
  • Lot Size Sq Ft: 2250
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 03902-0062
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No
  • Available Date: 2023-09-08

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 4
  • Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 7267
  • Tax Block: 3902
  • Tax Lot: 62
  • Tax Map Number: 03902-0062

MLS Schools

  • High School: Metropolitan Soundview High (The)
  • Middle School District: Bronx 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2023
Closed on
Sep 28, 2023
Sold by
Acevedo Eulogio and Acevedo Milagros
Bought by
Miah Akthar and Miah Chalim
Seller's Agent
Cassandra Cho
Global Compass Group LLC
Buyer's Agent
Cassandra Cho
Global Compass Group LLC
List Price
$969,999
Sold Price
$975,000
Premium/Discount to List
$5,001
0.52%
Views
303
Current Estimated Value
$1,085,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,391
Avg. Annual Appreciation
4.06%
Original Mortgage
$780,000
Outstanding Balance
$767,057
Interest Rate
7.23%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$285,271
Source: Public Records

Range of Values:

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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
Miah Akthar $975,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miah Akthar $780,000
Previous Owner Acevedo Eulogio $290,000
Previous Owner Acevedo Eulogio $258,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2023 09/28/23 Sold $975,000 0.0% $315 / Sq Ft
06/09/2023 06/09/23 Pending -- -- --
03/16/2023 03/16/23 Off Market $975,000 -- --
01/13/2023 01/13/23 For Sale $969,999 -- $313 / 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 $7,809 $38,880 $5,549 $33,331
2024 $7,809 $38,880 $6,610 $32,270
2023 $7,837 $38,588 $7,380 $31,208
2022 $7,267 $40,320 $9,180 $31,140
2021 $7,228 $37,920 $9,180 $28,740
2020 $6,858 $41,760 $9,180 $32,580
2019 $6,778 $33,660 $9,180 $24,480
2018 $6,555 $32,157 $7,489 $24,668
2017 $6,184 $30,337 $7,634 $22,703
2016 $5,721 $28,620 $8,035 $20,585
2015 $3,662 $27,000 $9,480 $17,520
2014 $3,662 $27,000 $9,480 $17,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3452477

OneKey® MLS

APN: 03902-0062