NOT LISTED FOR SALE

1516 Commonwealth Ave Bronx, NY 10460

Parkchester Neighborhood

Estimated 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
$852,065

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%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
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

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 $6,865 $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

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