NOT LISTED FOR SALE

Estimated Value: $658,000 - $982,000

-- Bed
-- Bath
2,560 Sq Ft
$308/Sq Ft Est. Value

Last Sold March 08, 2013

Last sale price $275,000 $107 Per Sq Ft

Est. 186% increase in value since last sale

Current estimated payment $4,653/month

83 Days on Market

Highlights

  • Chalet
  • 2 Car Detached Garage
  • Hot Water Heating System
  • Property is near public transit
  • Park

About This Home

As of March 2013

HUGE brick 2 family home with a large 2 car garage located in the Bronx River area. Features a large 4 bedroom apartment over another large 4 bedroom apartment. The basement is finished and has a separate entrance. This home needs some work but it qualifies for the FHA 203k rehab loan. You can buy this home and finance all the renovations with only 3.5% down payment. Dont miss out on this great chance to own for less than renting.

Last Agent to Sell the Property

Justin Cruz

RE/MAX Voyage Realty Brokerage Phone: 718-228-1101 License #30CR1181271 Listed on: 07/30/2012

RE/MAX Voyage Realty

Last Buyer's Agent

Miriam Soto

RE/MAX Top License #30SO0828290

RE/MAX Top

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,949

Year Built

  • Built in 1915

Lot Details

  • 2,482 Sq Ft Lot
  • Two or More Common Walls
  • Back Yard Fenced

Parking

  • 2 Car Detached Garage
  • Common or Shared Parking

Home Design

  • Chalet

Interior Spaces

  • 2,560 Sq Ft Home
  • Walk-Out Basement

Location

  • Property is near public transit

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 03862-0050

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,949

Year Built

Built in 1915

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Chalet
  • Property SubType: Multi Family
  • Year Built: 1915
  • Attribution Contact: 718-228-1101
  • Village: Bronx
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Basement: Walk-Out Access
  • Living Area: 2560
  • SquareFootage: 2560.00

Exterior Features

  • Construction Materials: Other
  • Fencing: Back Yard

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Detached, 2 Car Detached, Common

Utilities

  • Heating: Natural Gas, Hot Water
  • Sewer: Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Other Expense: 1
  • AdditionalFeesYN: 0

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 0.0570
  • Lot Size Sq Ft: 2482
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 03862-0050
  • Zoning Description: R6
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Fuel Expense: 1
  • Units Total: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 2
  • NumberOf4Bedrooms: 2

Tax Info

  • Tax Annual Amount: 2949
  • Tax Map Number: 03862-0050

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
Jul 30, 2012
Closed on
Mar 8, 2013
Sold by
Zavala-Paz Marco A
Bought by
Lutchman Kishan and Lutchman Shazeema
Seller's Agent
Justin Cruz
RE/MAX Voyage Realty
Buyer's Agent
Miriam Soto
RE/MAX Top
List Price
$325,000
Sold Price
$275,000
Premium/Discount to List
-$50,000
-15.38%
Current Estimated Value
$787,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$512,455
Avg. Annual Appreciation
8.57%

Purchase Details

Closed on
Aug 23, 2002
Sold by
Iyamu Matthew
Bought by
Zavala-Paz Marco A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,733
Interest Rate
6.48%

Purchase Details

Closed on
May 29, 1997
Sold by
Blank Robert S and Dorset Myra
Bought by
Iyamu Matthew
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
Lutchman Kishan $270,000 --
Zavala-Paz Marco A -- --
Iyamu Matthew -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zavala-Paz Marco A $303,733
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2013 03/08/13 Sold $275,000 -15.4% $107 / Sq Ft
10/22/2012 10/22/12 Pending -- -- --
07/30/2012 07/30/12 For Sale $325,000 -- $127 / 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 $6,183 $31,018 $5,829 $25,189
2024 $6,183 $30,783 $6,892 $23,891
2023 $5,898 $29,041 $6,297 $22,744
2022 $5,469 $45,240 $9,900 $35,340
2021 $5,440 $44,760 $9,900 $34,860
2020 $5,471 $45,240 $9,900 $35,340
2019 $5,366 $36,660 $9,900 $26,760
2018 $4,933 $24,201 $7,606 $16,595
2017 $4,654 $22,832 $7,816 $15,016
2016 $4,306 $21,540 $9,900 $11,640
2015 $2,984 $24,553 $9,076 $15,477
2014 $2,984 $23,164 $8,563 $14,601
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEYH3223571

OneKey® MLS

APN: 03862-0050