1516 Commonwealth Ave Bronx, NY 10460
Parkchester NeighborhoodEstimated Value: $789,259 - $948,000
Studio
--
Bath
2,229
Sq Ft
$382/Sq Ft
Est. Value
About This Home
This home is located at 1516 Commonwealth Ave, Bronx, NY 10460 and is currently estimated at $852,065, approximately $382 per square foot. 1516 Commonwealth Ave is a home located in Bronx County with nearby schools including Archer Elementary School, P.S. 214, and Holy Family School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 20, 2020
Sold by
Thomas Alvin J
Bought by
Thomas Alvin J and Thomas Gabriel J
Current Estimated Value
Purchase Details
Closed on
Oct 28, 2019
Sold by
Thomas Gabriel
Bought by
Thomas Alvin J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$628,306
Outstanding Balance
$551,640
Interest Rate
3.5%
Estimated Equity
$300,425
Purchase Details
Closed on
Dec 18, 2014
Sold by
Brookville Homes Llc
Bought by
Thomas Gabriel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,013
Interest Rate
4.02%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 24, 2014
Sold by
Lubowitz Esq Susan
Bought by
Brookville Homes Llc
Purchase Details
Closed on
Jun 16, 2003
Sold by
Rodriguez Ramon
Bought by
Millenium Homes Property Inc
Purchase Details
Closed on
Aug 4, 2000
Sold by
Millennium Homes Property Inc
Bought by
Rodriguez Ramon
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,250
Interest Rate
7.08%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Thomas Alvin J | -- | -- | |
| Thomas Alvin J | $650,000 | -- | |
| Thomas Gabriel | $479,000 | -- | |
| Brookville Homes Llc | $245,000 | -- | |
| Millenium Homes Property Inc | $235,000 | -- | |
| Rodriguez Ramon | $255,000 | Record & Return Title Agency | |
| Millenium Home Property Inc | $135,000 | Record & Return Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Thomas Alvin J | $628,306 | |
| Previous Owner | Thomas Gabriel | $463,013 | |
| Previous Owner | Millenium Home Property Inc | $242,250 |
Source: Public Records
Tax History Compared to Growth
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 | $6,865 | $36,115 | $6,633 | $29,482 |
| 2024 | $6,865 | $34,180 | $7,090 | $27,090 |
| 2023 | $6,549 | $32,246 | $7,420 | $24,826 |
| 2022 | $6,159 | $35,460 | $9,720 | $25,740 |
| 2021 | $6,493 | $35,460 | $9,720 | $25,740 |
| 2020 | $6,370 | $32,580 | $9,720 | $22,860 |
| 2019 | $5,958 | $30,180 | $9,720 | $20,460 |
| 2018 | $5,478 | $26,872 | $8,469 | $18,403 |
| 2017 | $5,241 | $25,712 | $9,016 | $16,696 |
| 2016 | $5,140 | $25,712 | $9,055 | $16,657 |
| 2015 | $2,926 | $25,080 | $10,800 | $14,280 |
| 2014 | $2,926 | $23,736 | $9,936 | $13,800 |
Source: Public Records
Map
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