NOT LISTED FOR SALE

Estimated Value: $752,377 - $940,000

6 Beds
3 Baths
3,050 Sq Ft
$280/Sq Ft Est. Value

Last Sold February 21, 2019

Last sale price $550,000 $180 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $5,095/month

45 Days on Market

Highlights

  • Pre War Building
  • Garage
  • 2-minute walk to Claremont Park

About This Home

As of February 2019

This fully detached property is an ideal investment find. Totaling eleven rooms in its residential capacity; this large property offers 3,050 square feet of residential living space, high ceilings, three full bathrooms, two large residential units, full basement, a shared drive way that leads to the property's indoor garage. Close to shops, schools, public transportation, local hospitals and much more. The property will need renovation work and a high possibility of a cash purchase. This property will be sold as is

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,109

Year Built

  • Built in 1920

Lot Details

  • 3,093

Parking

  • Garage

Home Design

  • Pre War Building

Interior Spaces

  • 3,050 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Community Details

  • 2 Units
  • Concourse Subdivision

Listing and Financial Details

  • Tax Block 2784

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,109

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Cross Street: East 171 Street
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: CONCOURSE
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Living Area: 3050.0
  • Living Area Units: Square Feet
  • Rooms (Total): 11

Beds/Baths

  • Bathrooms Integer: 3
  • Bedrooms: 6

Garage/Parking

  • Garage: Yes

Utilities

  • Heating: Building Oil

Building Info

  • Units: 2
  • Total Stories: 3
  • Year Built: 1920

Tax Info

  • Tax Block: 2784

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2018
Closed on
Feb 21, 2019
Sold by
Lam Arielle L
Bought by
Bx 1469 Teller Gsr Llc
List Price
$529,000
Sold Price
$550,000
Premium/Discount to List
$21,000
3.97%
Total Days on Market
45
Current Estimated Value
$853,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,094
Avg. Annual Appreciation
7.04%
Original Mortgage
$526,500
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 22, 2016
Sold by
Corazon Ceniza Lam Lea and Lam Lloyd Laurence
Bought by
Corazon Ceniza Lam Lea and Lam Arielle L

Purchase Details

Closed on
Sep 11, 1995
Sold by
Earle Thomas D and Earle Gwendoline
Bought by
Ceniza Lam Lloyd Laurence and Ceniza Lam Lea Corazon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
7.71%

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
Bx 1469 Teller Gsr Llc $585,000 --
Corazon Ceniza Lam Lea -- --
Ceniza Lam Lloyd Laurence $165,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balcom Holdings Llc $500,000
Open 1807 Phelan Realty Llc $1,475,000
Closed 1807 Phelan Realty Llc $1,100,000
Closed Bx 1469 Teller Gsr Llc $152,000
Closed Bx 1469 Teller Gsr Llc $526,500
Closed Bx 1469 Teller Gsr Llc $121,500
Previous Owner Ceniza Lam Lloyd Laurence $148,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2019 02/21/19 Sold $550,000 +4.0% $180 / Sq Ft
10/16/2018 10/16/18 Pending -- -- --
08/31/2018 08/31/18 For Sale $529,000 -- $173 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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
2024 $4,109 $20,456 $5,519 $14,937
2023 $4,118 $20,275 $5,492 $14,783
2022 $3,819 $39,240 $12,660 $26,580
2021 $3,799 $36,540 $12,660 $23,880
2020 $3,608 $36,300 $12,660 $23,640
2019 $3,566 $33,180 $12,660 $20,520
2018 $3,147 $16,896 $7,618 $9,278
2017 $2,950 $15,942 $9,449 $6,493
2016 $2,698 $15,045 $7,576 $7,469
2015 $1,594 $14,206 $5,981 $8,225
2014 $1,594 $14,206 $5,082 $9,124
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10415087

Real Estate Board of New York (REBNY)

APN: 02784-0057