NOT LISTED FOR SALE

1531 Gillespie Ave Bronx, NY 10461

Schuylerville Neighborhood

Estimated Value: $679,317 - $914,000

4 Beds
2 Baths
1,458 Sq Ft
$555/Sq Ft Est. Value

Last Sold January 17, 2018

Last sale price $470,000 $322 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $4,713/month

310 Days on Market

Highlights

  • Wood Flooring
  • Window Unit Cooling System
  • Hot Water Heating System
  • 2 Car Detached Garage

About This Home

As of January 2018

Frame Detached two family 2 bedroom apt over 2 bedroom apt. 2 car detached garage plus common driveway, full basement. A must see to appreciate.

Last Agent to Sell the Property

Urmilla Busgith

Metro Star Realty LLC Brokerage Phone: 718-794-2327 License #10311201920 Listed on: 09/26/2016

Last Buyer's Agent

Urmilla Busgith

Metro Star Realty LLC Brokerage Phone: 718-794-2327 License #10311201920 Listed on: 09/26/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,906

Year Built

  • Built in 1930

Lot Details

  • 2,500 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Car Detached Garage
  • Common or Shared Parking
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,458 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Assessor Parcel Number 05395-0013

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,906

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Year Built: 1930
  • Attribution Contact: 718-794-2327
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Full
  • Total Bedrooms: 4
  • Living Area: 1458
  • SquareFootage: 1458.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame, Vinyl Siding

Garage/Parking

  • Total Parking Spaces: 2
  • Attached Garage: No
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Detached, 2 Car Detached, Common, Garage, Off Street, On Street

Utilities

  • Cooling: None, Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone,On Demand

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 0.0574
  • Lot Size Sq Ft: 2500
  • Lot Size Units: Acres
  • Parcel Number: 05395-0013
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cooking Gas, Electricity

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf1Bedrooms: 0
  • NumberOf2Bedrooms: 2
  • NumberOf3Bedrooms: 0
  • NumberOf4Bedrooms: 0

Tax Info

  • Tax Annual Amount: 3906
  • Tax Map Number: 05395-0013

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
Sep 26, 2016
Closed on
Jan 17, 2018
Sold by
Sullivan John and Sullivan Sonia
Bought by
Chen Caiguan and Chen Qiu Yun
Seller's Agent
Urmilla Busgith
Metro Star Realty LLC
Buyer's Agent
Urmilla Busgith
Metro Star Realty LLC
List Price
$459,000
Sold Price
$470,000
Premium/Discount to List
$11,000
2.4%
Current Estimated Value
$808,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$338,829
Avg. Annual Appreciation
7.02%

Purchase Details

Closed on
May 12, 1999
Sold by
Lamacchia Frank P and Lattarulo Family Trust
Bought by
Sullivan John and Sullivan Sonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
7.85%

Purchase Details

Closed on
Mar 7, 1998
Sold by
Lattarulo Raffaella
Bought by
Lamacchia Frank and Lattarulo Family Trust
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Chen Caiguan $470,000 --
Chen Caiguan $470,000 --
Sullivan John $162,000 Commonwealth Land Title Ins
Sullivan John $162,000 Commonwealth Land Title Ins
Lamacchia Frank -- Chicago Title Insurance Co
Lamacchia Frank -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sullivan John $128,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2018 01/17/18 Sold $470,000 +2.4% $322 / Sq Ft
09/26/2016 09/26/16 Pending -- -- --
09/26/2016 09/26/16 For Sale $459,000 -- $315 / 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 $5,810 $30,240 $6,199 $24,041
2024 $5,810 $28,927 $5,618 $23,309
2023 $5,542 $27,290 $6,064 $21,226
2022 $5,140 $39,420 $8,880 $30,540
2021 $5,418 $36,120 $8,880 $27,240
2020 $5,334 $35,880 $8,880 $27,000
2019 $5,043 $34,140 $8,880 $25,260
2018 $4,636 $22,742 $6,176 $16,566
2017 $4,374 $21,456 $7,233 $14,223
2016 $4,289 $21,456 $7,168 $14,288
2015 $2,222 $21,000 $9,840 $11,160
2014 $2,222 $20,089 $8,904 $11,185
Source: Public Records

Agents Affiliated with this Home

  • U

    Seller's Agent in 2018

    Urmilla Busgith

    Metro Star Realty LLC

    Section Image

  • Y

    Buyer Co-Listing Agent in 2018

    Yolanda Lopez

    Metro Star Realty LLC

    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY4642651

OneKey® MLS

APN: 05395-0013

New York Bronx County Bronx 10461 Schuylerville

1531 Gillespie Ave, Bronx, NY

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

OneKey® MLS The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Copyright 2025 OneKey® MLS. All rights reserved.

Nearby Homes