NOT LISTED FOR SALE

1480 Commonwealth Ave Bronx, NY 10460

Parkchester Neighborhood

Estimated Value: $846,000 - $1,014,000

7 Beds
3 Baths
2,860 Sq Ft
$333/Sq Ft Est. Value

Sale Details

Date Sold: September 29, 2022

Last sale price $830,000 $290 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,818 / mo

75 Days on Market

Highlights

  • 0.11 Acre Lot
  • 2 Car Detached Garage
  • Park
  • Property is near public transit
  • Cooling Available
  • 4-minute walk to Noble Park

About This Home

As of September 2022

Whether you're an investor or someone looking for a 2 family home with grounds galore, this R5 zoned income producing property is a must see! With easy access to public transportation and major roadways this legal 2 family has a detached 2 car garage and is situated on a 50 x 95 lot with plenty of room to either expand or use the extra space for parking.

Last Agent to Sell the Property

Patricia Canale

Keller Williams Rlty Landmark License #10401360433 Listed on: 05/06/2022

Keller Williams Rlty Landmark

Last Buyer's Agent

Patricia Canale

Keller Williams Rlty Landmark License #10401360433 Listed on: 05/06/2022

Keller Williams Rlty Landmark

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,496

Year Built

  • Built in 1901

Lot Details

  • 4,750 Sq Ft Lot
  • Lot Dimensions are 50x95
  • No Common Walls

Parking

  • 2 Car Detached Garage
  • Driveway
  • On-Street Parking
  • Parking Lot

Home Design

  • Tri-Level Property
  • Frame Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Schools

  • Ps 214 Elementary And Middle School
  • Wings Academy High School

Utilities

  • Cooling Available
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Oven
  • Property is near public transit
  • Partially Finished Basement

Listing and Financial Details

  • Legal Lot and Block 11 / 3915
  • Assessor Parcel Number 03915-0011

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,496

Year Built

Built in 1901

Lot Details

4,750 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Trilevel
  • Property SubType: Multi Family
  • Building Size: 20x35
  • Year Built: 1901
  • New Construction: No
  • Attribution Contact: 718-475-2700
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven, Refrigerator
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Partially Finished
  • Inclusions: Refrigerator
  • Total Bedrooms: 7
  • Kitchens: 2

Exterior Features

  • Construction Materials: Frame
  • Flood Zone Report: No

Garage/Parking

  • Total Parking Spaces: 10.00
  • Attached Garage: No
  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Description: Private, Detached, 2 Car Detached, Driveway, Parking Lot, On Street

Utilities

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

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Ps 214

Lot Info

  • Lot Size Acres: 0.1100
  • Lot Dimensions: 50x95
  • Lot Size Sq Ft: 4750.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 03915-0011
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2022-09-29
  • Tax Annual Amount: 6496.00
  • Tax Block: 3915
  • Tax Lot: 11
  • Tax Map Number: 03915-0011

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 1

MLS Schools

  • Elementary School: Ps 214
  • High School: Wings Academy
  • Middle School District: Bronx 12

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2022
Closed on
Sep 29, 2022
Sold by
Bought by
Seller's Agent
Patricia Canale
Keller Williams Rlty Landmark
Buyer's Agent
Patricia Canale
Keller Williams Rlty Landmark
List Price
$920,000
Sold Price
$830,000
Premium/Discount to List
-$90,000
-9.78%
Views
2
Current Estimated Value
$953,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,712
Avg. Annual Appreciation
3.74%
Original Mortgage
$664,000
Interest Rate
0.0555%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 15, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,770
Interest Rate
0.0387%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$830,000 --
$620,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $664,000
Previous Owner $608,770
Closed $180,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/29/2022 09/29/22 Sold $830,000 -2.4% $290 / Sq Ft
07/20/2022 07/20/22 Pending -- -- --
06/01/2022 06/01/22 Price Changed $850,000 -5.5% $297 / Sq Ft
05/24/2022 05/24/22 Price Changed $899,000 -2.3% $314 / Sq Ft
05/06/2022 05/06/22 For Sale $920,000 -- $322 / Sq Ft
Source: OneKey® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $7,628 $39,053 $8,141 $30,912
2025 $7,197 $37,979 $8,867 $29,112
2024 $7,197 $35,831 $9,969 $25,862
2023 $7,265 $35,771 $10,374 $25,397
2022 $6,886 $40,800 $12,720 $28,080
2021 $6,849 $37,500 $12,720 $24,780
2020 $6,699 $38,820 $12,720 $26,100
2019 $6,246 $37,680 $12,720 $24,960
2018 $6,077 $29,809 $12,037 $17,772
2017 $5,860 $28,747 $11,265 $17,482
2016 $5,422 $27,120 $12,720 $14,400
2015 $3,372 $26,374 $9,766 $16,608
2014 $3,372 $24,883 $10,750 $14,133
Source: Public Records

Agents Affiliated with this Home

  • Patricia Canale

    Seller's Agent in 2022

    Patricia Canale

    Keller Williams Rlty Landmark

    (917) 727-7748

    1 in this area

    27 Total Sales

    Patricia Canale
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Map

Source: OneKey® MLS

MLS Number: KEY3397263

OneKey® MLS

APN: 03915-0011

New York Bronx County Bronx 10460 Parkchester

1480 Commonwealth Ave, Bronx, NY

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