NOT LISTED FOR SALE

Estimated Value: $660,000 - $687,000

6 Beds
2 Baths
1,600 Sq Ft
$421/Sq Ft Est. Value

Last Sold March 19, 2024

Last sale price $645,000 $403 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,865/month

105 Days on Market

Highlights

  • Senior Community
  • 3-minute walk to Freeman Street
  • Park
  • Property is near public transit
  • Main Floor Bedroom
  • Baseboard Heating

About This Home

As of March 2024

Welcome to "The South Bronx''. This Vyse Avenue 2 family detached home is in move-in condition. The property has 2 units-3 bedrooms, 1 bathroom, living room, kitchen, over 3 bedrooms, 1 bathroom, living room, and kitchen. There's an unfinished basement, separate boiler and hot water tank. The house is fully rented, with paying tenants. It is walking distance from #5 & 2 Train, Buses #42 ,19, 36, and the shopping center. It has very low property taxes. A nice backyard. Motivated owner. Please call for additional information.

Last Agent to Sell the Property

Santo Minyety

SM Homes Solutions Corp. Brokerage Phone: (718) 228-1101 License #10311210574 Listed on: 08/31/2023

SM Homes Solutions Corp.

Last Buyer's Agent

Santo Minyety

SM Homes Solutions Corp. Brokerage Phone: (718) 228-1101 License #10311210574 Listed on: 08/31/2023

SM Homes Solutions Corp.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,056

Year Built

  • Built in 1901

Lot Details

  • 2,483

Home Design

  • 1,600 Sq Ft Home
  • Frame Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • No Common Walls
  • Property is near public transit
  • Unfinished Basement

Listing and Financial Details

  • Tenant pays for cooking gas, electricity, heat
  • Assessor Parcel Number 02994-0010

Community Details

Overview

  • Senior Community
  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,056

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1901
  • Attribution Contact: (718) 228-1101
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: First Floor Bedroom
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Unfinished
  • Total Bedrooms: 6
  • Living Area: 1600
  • SquareFootage: 1600.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Baseboard
  • Sewer: Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 2

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: Yes

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 02994-0010
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cooking Gas, Electricity, Heat

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf1Bedrooms: 0
  • NumberOf2Bedrooms: 0
  • NumberOf3Bedrooms: 2
  • NumberOf4Bedrooms: 0

Tax Info

  • Tax Annual Amount: 2056
  • Tax Map Number: 02994-0010

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
Aug 31, 2023
Closed on
Mar 19, 2024
Sold by
Flores Thelma and Melgar Manuel D
Bought by
1422 Vyse Llc
Seller's Agent
Santo Minyety
SM Homes Solutions Corp.
Buyer's Agent
Santo Minyety
SM Homes Solutions Corp.
List Price
$799,000
Sold Price
$645,000
Premium/Discount to List
-$154,000
-19.27%
Views
49
Current Estimated Value
$673,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,462
Avg. Annual Appreciation
4.56%
Original Mortgage
$387,000
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 14, 2015
Closed on
Jun 26, 2015
Sold by
Etienne Scadi
Bought by
Flores Thelma and Melgar Manuel D
Seller's Agent
Noel Cohen
Cohen and Cohen Consulting
Buyer's Agent
Santo Minyety
SM Homes Solutions Corp.
List Price
$425,000
Sold Price
$415,000
Premium/Discount to List
-$10,000
-2.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.17%
Original Mortgage
$407,483
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2014
Sold by
Jcd Realty Llc
Bought by
Etienne Scadi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2012
Sold by
Kahn Referee Esq Irwin
Bought by
Jcd Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2006
Sold by
Torres As Referee Alberto
Bought by
Reo Management 2004 Inc

Purchase Details

Closed on
Dec 12, 2003
Sold by
Greenwich Investors Xvi Llc
Bought by
Pedrosa Carmelo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,900
Interest Rate
5.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 28, 2003
Sold by
Sanjurjo Judith and Sanjurjo Luis E
Bought by
Greenwich Investors Xvi Llc

Purchase Details

Closed on
Dec 15, 1995
Sold by
Sanjurjo Luis E and Puello M
Bought by
Sanjurjo Luis E and Sanjurjo Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,750
Interest Rate
7.31%
Mortgage Type
FHA
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
1422 Vyse Llc $645,000 --
1422 Vyse Llc $645,000 --
Flores Thelma $415,000 --
Flores Thelma $415,000 --
Etienne Scadi -- --
Etienne Scadi -- --
Jcd Realty Llc $210,000 --
Jcd Realty Llc $210,000 --
Reo Management 2004 Inc $376,358 --
Reo Management 2004 Inc $376,358 --
Pedrosa Carmelo $330,000 --
Pedrosa Carmelo $330,000 --
Greenwich Investors Xvi Llc $220,500 --
Greenwich Investors Xvi Llc $220,500 --
Sanjurjo Luis E -- --
Sanjurjo Luis E -- --
Sanjurjo Luis E $95,000 Commonwealth Land Title Ins
Sanjurjo Luis E $95,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1422 Vyse Llc $387,000
Open 1422 Vyse Llc $1,600,000
Closed 1422 Vyse Llc $387,000
Previous Owner Flores Thelma $407,483
Previous Owner Etienne Scadi $90,000
Previous Owner Jcd Realty Llc $160,000
Previous Owner Pedrosa Carmelo $324,900
Previous Owner Sanjurjo Luis E $92,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2024 03/19/24 Sold $645,000 -7.7% $403 / Sq Ft
12/15/2023 12/15/23 Pending -- -- --
09/27/2023 09/27/23 Price Changed $699,000 -12.5% $437 / Sq Ft
08/31/2023 08/31/23 For Sale $799,000 +92.5% $499 / Sq Ft
06/26/2015 06/26/15 Sold $415,000 -2.4% $259 / Sq Ft
05/13/2015 05/13/15 Pending -- -- --
04/14/2015 04/14/15 For Sale $425,000 -- $266 / 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 $2,345 $12,360 $3,300 $9,060
2024 $2,345 $11,676 $3,603 $8,073
2023 $2,277 $11,212 $3,374 $7,838
2022 $2,023 $37,980 $12,240 $25,740
2021 $2,254 $34,440 $12,240 $22,200
2020 $2,180 $33,780 $12,240 $21,540
2019 $2,035 $27,960 $12,240 $15,720
2018 $1,905 $9,343 $4,332 $5,011
2017 $1,819 $8,925 $4,598 $4,327
2016 $1,784 $8,925 $5,403 $3,522
2015 $1,016 $8,583 $3,675 $4,908
2014 $1,016 $8,109 $3,666 $4,443
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6266836

OneKey® MLS

APN: 02994-0010