NOT LISTED FOR SALE

1523 Mace Ave Bronx, NY 10469

Pelham Gardens Neighborhood

Estimated Value: $1,273,000 - $1,586,000

6 Beds
3 Baths
5,352 Sq Ft
$269/Sq Ft Est. Value

Last Sold August 30, 2022

Last sale price $1,330,000 $249 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $8,907/month

99 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • 3 Car Detached Garage
  • Property is near public transit
  • Granite Countertops
  • Porch

About This Home

As of August 2022

AO - HUGE 3 Family Brick House in PELHAM GARDENS. TOTAL SQ FT 5352 for the house on a property size 37.5 x 125. Recently renovated. New Roof, New Kitchens, New bathrooms, Granite Countertops, Stainless Steel Appliances, Hardwood floors, etc. This property is one of the largest 3 family homes built in sought after Pelham Gardens featuring a stairwell leading to the three units. The 3 bedroom (1st fl) apartment has two entrances and a deck area. The 2 bedroom has its own porch. There is a 3 car enclosed garage in the back suitable for renting @ $250.00 each. Basement is unfinished, 8 feet in height and the size of the 1st floor three bedroom. THIS IS A MUST SEE. Easy to show yet need 24 notice to show. Good tenants / all current.

Last Agent to Sell the Property

Diane Cerino

EXIT Realty Private Client License #10301213537 Listed on: 03/08/2022

EXIT Realty Private Client

Last Buyer's Agent

Elvis Gonzalez

Fave Realty Inc. License #10401287727

Fave Realty Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,342

Year Built

  • Built in 1910

Lot Details

  • 4,678 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • 3 Car Detached Garage

Home Design

  • Contemporary Architecture
  • Tri-Level Property
  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • 5,352 Sq Ft Home
  • Wood Flooring
  • Granite Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Patio
  • Porch

Location

  • Property is near public transit

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Steam
  • Heating System Uses Oil

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Assessor Parcel Number 04481-0006

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,342

Year Built

Built in 1910

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Contemporary, Trilevel
  • Property SubType: Multi Family
  • Year Built: 1910
  • Attribution Contact: 914-222-1000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Granite Counters, Pantry
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Full, See Remarks, Unfinished, Walk-Out Access
  • Total Bedrooms: 6
  • Living Area: 5352.00
  • Square Footage: 5352.00

Exterior Features

  • Construction Materials: Brick, Aluminum Siding
  • Patio and Porch Features: Patio, Porch

Garage/Parking

  • Total Parking Spaces: 3.00
  • Attached Garage: No
  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Description: Detached, 3 Car Detached

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Oil, Hot Water, Steam
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

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: 0.1100
  • Lot Size Area: 0.1100
  • Lot Size Sq Ft: 4678.00
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 04481-0006
  • Property Attached: No

Rental Info

  • Hold Start Date: 2022-06-03
  • Tenant Pays: Cooking Gas, Electricity

Tax Info

  • Close Date: 2022-08-30
  • Tax Annual Amount: 9342.00
  • Tax Map Number: 04481-0006

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 4
  • Separate Gas Meters: 3

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
Mar 8, 2022
Closed on
Aug 30, 2022
Sold by
Grasso Leonard and Mueller Carol
Bought by
Alnajar Mohamed Saleh Ahmed and Hauter Akrum Saleh
Seller's Agent
Diane Cerino
EXIT Realty Private Client
Buyer's Agent
Elvis Gonzalez
Fave Realty Inc.
List Price
$1,499,000
Sold Price
$1,330,000
Premium/Discount to List
-$169,000
-11.27%
Total Days on Market
99
Views
9
Current Estimated Value
$1,438,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,750
Avg. Annual Appreciation
2.90%
Original Mortgage
$910,000
Outstanding Balance
$873,836
Interest Rate
4.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$564,914
Source: Public Records

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Range of Values:

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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
Alnajar Mohamed Saleh Ahmed $1,330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alnajar Mohamed Saleh Ahmed $910,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2022 08/30/22 Sold $1,330,000 0.0% $249 / Sq Ft
06/15/2022 06/15/22 Pending -- -- --
06/03/2022 06/03/22 Off Market $1,330,000 -- --
05/17/2022 05/17/22 Price Changed $1,439,000 -0.8% $269 / Sq Ft
04/21/2022 04/21/22 Price Changed $1,450,000 -3.3% $271 / Sq Ft
03/08/2022 03/08/22 For Sale $1,499,000 -- $280 / 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
2024 $9,959 $49,584 $6,999 $42,585
2023 $9,501 $46,780 $5,742 $41,038
2022 $8,861 $97,800 $11,400 $86,400
2021 $9,342 $79,380 $11,400 $67,980
2020 $9,200 $70,620 $11,400 $59,220
2019 $8,644 $70,680 $11,400 $59,280
2018 $7,947 $38,983 $8,693 $30,290
2017 $7,541 $36,991 $9,707 $27,284
2016 $7,395 $36,991 $9,694 $27,297
2015 $4,209 $36,218 $10,135 $26,083
2014 $4,209 $34,434 $10,860 $23,574
Source: Public Records

Agents Affiliated with this Home

  • Diane Cerino

    Seller's Agent in 2022

    Diane Cerino

    EXIT Realty Private Client

    (646) 302-0533

    1 in this area

    21 Total Sales

    Diane Cerino
    Section Image
  • Elvis Gonzalez

    Buyer's Agent in 2022

    Elvis Gonzalez

    Fave Realty Inc.

    (347) 961-1817

    4 in this area

    66 Total Sales

    Elvis Gonzalez
    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY6168952

OneKey® MLS

APN: 04481-0006

New York Bronx County Bronx 10469 Pelham Gardens

1523 Mace Ave, Bronx, NY

This home is located at 1523 Mace Ave, Bronx, NY 10469 since 08 March 2022 and is currently estimated at $1,438,750, approximately $268 per square foot. This property was built in 1910. 1523 Mace Ave is a home located in Bronx County with nearby schools including P.S. 097 Bronx, J.H.S. 144 Michelangelo, and Harry S. Truman High School.

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