NOT LISTED FOR SALE

Estimated Value: $692,956 - $850,000

4 Beds
2 Baths
2,350 Sq Ft
$331/Sq Ft Est. Value

Last Sold April 15, 2021

Last sale price $650,000 $277 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,528/month

24 Days on Market

Highlights

  • 2 Car Attached Garage
  • Central Air
  • Baseboard Heating

About This Home

As of April 2021

Welcome to 1477 Longfellow Ave, a lovely 2 family home featuring a 3 bedroom 1 bathroom apt on the top floor and a 1 bedroom 1 bathroom apartment on the 1st floor. Top floor apartment highlights include beautiful hardwood floors, high ceilings, formal dining room with french doors, stainless steel appliances, plenty of sun light, access to a private backyard, and much more. The first floor apartment features beautiful hardwood floors, a large bedroom, stainless steel appliances, washer and dryer hookup, and an open concept kitchen and living room floor plan. The property has 2 boilers, 2 water heaters, 2 gas meters, 2 electric meters, and a 2 car garage. Close proximity to the 2 and 5 Freeman St subway station or to the Whitlock ave #6 subway station.

Last Agent to Sell the Property

John Toribio

RE/MAX Distinguished Hms.&Prop License #10401276930 Listed on: 09/19/2020

RE/MAX Distinguished Hms.&Prop

Last Buyer's Agent

Non Non Member-MLS

Non-Member MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,068

Year Built

  • Built in 1997

Lot Details

  • 2,500 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 2 Car Attached Garage

Home Design

  • 2,350 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for cooking gas, electricity, heat
  • Assessor Parcel Number 03000-0035

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,068

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1997
  • Attribution Contact: 914-346-8255
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 2350.00
  • Square Footage: 2350.00

Garage/Parking

  • Total Parking Spaces: 2.00
  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Description: Attached, 2 Car Attached

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Hot Water: Electric Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Call Listing Agent
  • Middle School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.0600
  • Lot Size Area: 0.0600
  • Lot Size Sq Ft: 2500.00
  • Lot Size Units: Acres
  • Parcel Number: 03000-0035
  • Property Attached: Yes

Rental Info

  • Tenant Pays: Cooking Gas, Electricity, Heat

Tax Info

  • Close Date: 2021-04-15
  • Tax Annual Amount: 5068.00
  • Tax Map Number: 03000-0035

Multi Family

  • Units Total: 2
  • 1 Bedrooms: 1
  • Three Bedrooms: 1
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

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
Sep 19, 2020
Closed on
Apr 15, 2021
Sold by
Wallace Glendon A and Wallace Pamela
Bought by
Chen Wei and Zheng Nuan Ming
Seller's Agent
John Toribio
RE/MAX Distinguished Hms.&Prop
Buyer's Agent
Non Non Member-MLS
Non-Member MLS
List Price
$685,000
Sold Price
$650,000
Premium/Discount to List
-$35,000
-5.11%
Current Estimated Value
$776,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,739
Avg. Annual Appreciation
4.00%
Original Mortgage
$422,000
Outstanding Balance
$381,015
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$395,724

Purchase Details

Closed on
Feb 6, 1997
Sold by
Nyc Partnership Housing Development Fund
Bought by
Wallace Glendon A and Wallace Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,150
Interest Rate
7.77%
Mortgage Type
Purchase Money Mortgage
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
Chen Wei $650,000 --
Wallace Glendon A $221,000 Lee & Amtzis Llp Title Agenc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Wei $422,000
Previous Owner Wallace Glendon A $156,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2021 04/15/21 Sold $650,000 -5.1% $277 / Sq Ft
10/13/2020 10/13/20 Pending -- -- --
09/19/2020 09/19/20 For Sale $685,000 -- $291 / 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 $5,445 $28,734 $8,126 $20,608
2024 $5,445 $27,108 $7,838 $19,270
2023 $5,194 $25,574 $6,420 $19,154
2022 $5,105 $36,360 $10,860 $25,500
2021 $5,164 $38,160 $10,860 $27,300
2020 $5,068 $33,360 $10,860 $22,500
2019 $4,726 $26,880 $10,860 $16,020
2018 $4,344 $21,312 $8,747 $12,565
2017 $4,344 $21,312 $9,385 $11,927
2016 $3,830 $20,448 $7,567 $12,881
2015 $1,634 $19,954 $7,073 $12,881
2014 $1,634 $18,825 $6,942 $11,883
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6071573

OneKey® MLS

APN: 03000-0035