NOT LISTED FOR SALE

1471 Beach Ave Bronx, NY 10460

Parkchester Neighborhood

Estimated Value: $886,449 - $1,097,000

9 Beds
2 Baths
3,227 Sq Ft
$309/Sq Ft Est. Value

Last Sold December 27, 2018

Last sale price $730,000 $226 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $5,820/month

113 Days on Market

Highlights

  • Property is near public transit
  • Hot Water Heating System
  • 1 Car Garage
  • Park

About This Home

As of December 2018

PRICE REDUCTION!!!! COMPLETELY Renovated delivered FULLY VACANT large two family consisting of 5 bedroom/1 bath, 4 bedroom/1 bath and a large walk out basement. This is nearly 3200 sq feet in the heart of Parkchester! ONE car garage and driveway for your convenience. This property will not last as the number of bedrooms and size of the apartments is not often seen.

Last Agent to Sell the Property

Diane Cerino

EXIT Realty Private Client Brokerage Phone: 718-319-8500 License #10301213537 Listed on: 04/03/2018

EXIT Realty Private Client

Last Buyer's Agent

danny lopez

Lopez Realty Team Inc License #10311207666

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,472

Year Built

  • Built in 1925

Lot Details

  • 3,136

Parking

  • 1 Car Garage

Home Design

  • 3,227 Sq Ft Home
  • Tri-Level Property
  • Vinyl Siding

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 2 Full Bathrooms

Finished Basement

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

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

  • No Common Walls
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Assessor Parcel Number 2039160033

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

$5,472

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Tri-Level
  • Property SubType: Multi Family
  • Year Built: 1925
  • Attribution Contact: 718-319-8500
  • Village: Bronx
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 9
  • Living Area: 3227
  • SquareFootage: 3227.00
  • SquareFootageSource: Other

Exterior Features

  • Construction Materials: Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Garage

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water
  • Sewer: Sewer
  • Water Source: See Remarks
  • 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 Features: Near Public Transit
  • Parcel Number: 2039160033
  • Property Attached: No

Rental Info

  • Tenant Pays: Cooking Gas, Electricity

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 5472
  • Tax Map Number: 2039160033
  • IncludedInTaxes: Trash

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
Apr 3, 2018
Closed on
Dec 27, 2018
Sold by
Faile Street Housing Llc
Bought by
Hossin Nahida and Miah Awolad H
Seller's Agent
Diane Cerino
EXIT Realty Private Client
Buyer's Agent
danny lopez
Lopez Realty Team Inc
List Price
$759,000
Sold Price
$730,000
Premium/Discount to List
-$29,000
-3.82%
Current Estimated Value
$996,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,862
Avg. Annual Appreciation
4.56%
Original Mortgage
$580,000
Outstanding Balance
$510,968
Interest Rate
4.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$485,894

Purchase Details

Closed on
Feb 22, 2017
Sold by
Frazier
Bought by
Faile Street Housing Llc

Purchase Details

Closed on
Apr 7, 2010
Sold by
Executrix Carmen Frazier As
Bought by
Frazier Carmen and Frazier Cassandra
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
Hossin Nahida $730,000 --
Faile Street Housing Llc $345,000 --
Frazier Carmen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hossin Nahida $580,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2018 12/27/18 Sold $730,000 -3.8% $226 / Sq Ft
04/03/2018 04/03/18 Pending -- -- --
04/03/2018 04/03/18 For Sale $759,000 -- $235 / 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 $6,975 $36,809 $6,749 $30,060
2024 $6,975 $34,726 $6,549 $28,177
2023 $6,653 $32,760 $7,172 $25,588
2022 $6,540 $46,620 $11,100 $35,520
2021 $6,843 $44,220 $11,100 $33,120
2020 $6,493 $33,720 $11,100 $22,620
2019 $6,054 $33,720 $11,100 $22,620
2018 $5,565 $27,300 $11,100 $16,200
2017 $5,579 $27,370 $9,518 $17,852
2016 $5,472 $27,370 $10,147 $17,223
2015 $3,114 $26,394 $8,933 $17,461
2014 $3,114 $24,900 $9,240 $15,660
Source: Public Records

Agents Affiliated with this Home

  • Diane Cerino

    Seller's Agent in 2018

    Diane Cerino

    EXIT Realty Private Client

    (646) 302-0533

    20 Total Sales

    Diane Cerino
    Section Image
  • danny lopez

    Buyer's Agent in 2018

    danny lopez

    Lopez Realty Team Inc

    (718) 606-5158

    26 in this area

    61 Total Sales

    danny lopez
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY4813110

OneKey® MLS

APN: 03916-0033

New York Bronx County Bronx 10460 Parkchester

1471 Beach Ave, Bronx, NY

Not Listed for Sale

MultiFamily

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