NOT LISTED FOR SALE

Estimated Value: $925,928 - $1,157,000

Studio
-- Bath
3,772 Sq Ft
$271/Sq Ft Est. Value

Last Sold November 01, 2013

Last sale price $473,500 $126 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $6,826/month

127 Days on Market

Highlights

  • Property is near public transit
  • Skylights
  • Heating System Uses Steam
  • Formal Dining Room
  • Window Unit Cooling System
  • 4-minute walk to Noble Park

About This Home

As of November 2013

This home is located at 1422 Croes Ave, Bronx, NY 10472 since 06 March 2013 and is currently estimated at $1,022,982, approximately $271 per square foot. This property was built in 1927. 1422 Croes Ave is a home located in Bronx County with nearby schools including Archer Elementary School, P.S. 214, and Holy Family School.

Last Agent to Sell the Property

Fahad Islam

Progress Realty Inc. Brokerage Phone: 718-239-4400 License #40IS1165209 Listed on: 03/06/2013

Last Buyer's Agent

danny lopez

Lopez Realty Team Inc License #10311207666

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,109

Year Built

  • Built in 1927

Lot Details

  • 2,831 Sq Ft Lot
  • Two or More Common Walls

Parking

  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,772 Sq Ft Home
  • Skylights
  • Formal Dining Room
  • Walk-Out Basement

Location

  • Property is near public transit

Utilities

  • Window Unit Cooling System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 03893-0017

Community Details

Overview

  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,109

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1927
  • Attribution Contact: 718-239-4400
  • Village: Bronx
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Formal Dining
  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Basement: Walk-Out Access
  • Living Area: 3772
  • Window Features: Skylight(s)
  • SquareFootage: 3772.00

Exterior Features

  • Construction Materials: Brick

Garage/Parking

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

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Steam
  • Sewer: Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdditionalFeesYN: 0

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 0.0645
  • Lot Size Sq Ft: 2831
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 03893-0017
  • Zoning Description: R6
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Fuel Expense: 700
  • Units Total: 4
  • Separate Electric Meters: 5
  • Separate Gas Meters: 5
  • NumberOf1Bedrooms: 1
  • NumberOf2Bedrooms: 3

Tax Info

  • Tax Annual Amount: 9109
  • Tax Map Number: 03893-0017

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
Mar 6, 2013
Closed on
Nov 1, 2013
Sold by
Islam Khalid M
Bought by
Bharrat Bevannie Nerina and Khan Shaniza
Seller's Agent
Fahad Islam
Progress Realty Inc.
Buyer's Agent
danny lopez
Lopez Realty Team Inc
List Price
$485,000
Sold Price
$473,500
Premium/Discount to List
-$11,500
-2.37%
Current Estimated Value
$1,022,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$549,482
Avg. Annual Appreciation
6.50%
Original Mortgage
$489,860
Outstanding Balance
$363,223
Interest Rate
4.24%
Mortgage Type
New Conventional
Estimated Equity
$659,760

Purchase Details

Closed on
Apr 19, 2001
Sold by
Secretary Of Housing & Urban Development and Shapiro %
Bought by
Islam Khalid M

Purchase Details

Closed on
Feb 3, 1995
Sold by
Fornabia Thomas J and Fornabia Lucy M
Bought by
Estrada Dario and Estrada Hugo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,655
Interest Rate
8.96%
Mortgage Type
FHA
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
Bharrat Bevannie Nerina $499,000 --
Bharrat Bevannie Nerina $499,000 --
Islam Khalid M $267,599 --
Islam Khalid M $267,599 --
Estrada Dario $230,000 American Title Insurance Co
Estrada Dario $230,000 American Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bharrat Bevannie Nerina $489,860
Closed Bharrat Bevannie Nerina $489,860
Previous Owner Estrada Dario $220,655
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2013 11/01/13 Sold $473,500 -2.4% $126 / Sq Ft
07/12/2013 07/12/13 Pending -- -- --
03/06/2013 03/06/13 For Sale $485,000 -- $129 / 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 $18,038 $148,928 $87,689 $61,239
2024 $18,038 $144,282 $74,573 $69,709
2023 $16,390 $133,614 $81,542 $52,072
2022 $15,142 $333,000 $165,600 $167,400
2021 $0 $266,400 $165,600 $100,800
2020 $14,289 $292,050 $165,600 $126,450
2019 $13,998 $304,650 $165,600 $139,050
2018 $13,073 $102,780 $65,100 $37,680
2017 $12,108 $95,200 $63,813 $31,387
2016 $11,364 $88,151 $65,140 $23,011
2015 $7,378 $88,123 $74,379 $13,744
2014 $7,378 $85,374 $68,597 $16,777
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEYH3306046

OneKey® MLS

APN: 03893-0017