NOT LISTED FOR SALE

1536 Commonwealth Ave Bronx, NY 10460

Parkchester Neighborhood

Estimated Value: $730,307 - $1,038,000

-- Bed
-- Bath
2,100 Sq Ft
$400/Sq Ft Est. Value

Last Sold December 19, 2014

Last sale price $380,540 $181 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $4,929/month

294 Days on Market

Highlights

  • Chalet
  • Formal Dining Room
  • Patio
  • Property is near public transit
  • Eat-In Kitchen
  • Park

About This Home

As of December 2014

Cozy multi-family in great location near Morris Park. This multi-family home comprised of a three bedroom unit with a large living room and dining area, kitchen and bath over a two bedroom unit with a Large living room and dining area, kitchen and bath. This wonderful home features a finished basement with tons of potential, a spacious backyard and front porch.You are just a few steps to major roadways and Express bus.Close by public schools, shops and eateries.Great income producing property.

Last Agent to Sell the Property

Oscar Rigamonty

Pantiga Group Inc. Brokerage Phone: 347-657-1114 License #10401233394 Listed on: 12/12/2013

Last Buyer's Agent

Demetrius Perez

Exit Realty Group License #10401216402

Exit Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,380

Year Built

  • Built in 1920

Lot Details

  • 2,395 Sq Ft Lot
  • No Common Walls
  • Back Yard Fenced

Parking

  • On-Street Parking

Home Design

  • Chalet
  • Aluminum Siding

Interior Spaces

  • 2,100 Sq Ft Home
  • Formal Dining Room
  • Eat-In Kitchen
  • Finished Basement

Utilities

  • Heating System Uses Oil
  • Radiant Heating System

Additional Features

  • Patio
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 03918-0017

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,380

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Chalet
  • Property SubType: Multi Family
  • Year Built: 1920
  • Attribution Contact: 347-657-1114
  • Village: Bronx
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen, Formal Dining
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Basement: Finished
  • Living Area: 2100
  • SquareFootage: 2100.00

Exterior Features

  • Construction Materials: Aluminum Siding
  • Fencing: Back Yard
  • Patio and Porch Features: Patio

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: On Street

Utilities

  • Heating: Oil, Radiant
  • Sewer: Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdditionalFeesYN: 0

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 0.0545
  • Lot Size Sq Ft: 2395
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 03918-0017
  • Zoning Description: R5
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf2Bedrooms: 1
  • NumberOf3Bedrooms: 1

Tax Info

  • Tax Annual Amount: 3380
  • Tax Map Number: 03918-0017

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

Closed on
Jul 27, 2021
Sold by
Reyes Francisca and Reyes Santo
Bought by
Reyes Santo
Current Estimated Value
$839,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$507,500
Outstanding Balance
$463,651
Interest Rate
3.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$375,676

Purchase Details

Listed on
Dec 12, 2013
Closed on
Dec 19, 2014
Sold by
Martinez Echevarria Marianela
Bought by
Reyes Francisca and Reyes Santo
Seller's Agent
Oscar Rigamonty
Pantiga Group Inc.
Buyer's Agent
Demetrius Perez
Exit Realty Group
List Price
$369,999
Sold Price
$380,540
Premium/Discount to List
$10,541
2.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.43%
Original Mortgage
$366,849
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2000
Sold by
Echevarria Marianela Martinez and Perez Ernesto
Bought by
Echevarria Marianela Martinez

Purchase Details

Closed on
Feb 13, 1996
Sold by
Jay Cee Custom Originations Inc
Bought by
Echevarria Marianela Martinez and Perez Ernesto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,250
Interest Rate
6.99%
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
Reyes Santo -- --
Reyes Santo -- --
Reyes Francisca $380,540 --
Reyes Francisca $380,540 --
Echevarria Marianela Martinez -- --
Echevarria Marianela Martinez -- --
Echevarria Marianela Martinez $195,000 First American Title Ins Co
Echevarria Marianela Martinez $195,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reyes Santo $507,500
Closed Reyes Santo $507,500
Closed Reyes Francisca $366,849
Previous Owner Echevarria Marianela Martinez $185,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2014 12/19/14 Sold $380,540 +2.8% $181 / Sq Ft
10/03/2014 10/03/14 Pending -- -- --
12/12/2013 12/12/13 For Sale $369,999 -- $176 / 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 $6,368 $34,128 $7,110 $27,018
2024 $6,368 $33,106 $6,554 $26,552
2023 $6,374 $32,784 $6,895 $25,889
2022 $5,892 $37,140 $9,300 $27,840
2021 $5,850 $39,000 $9,300 $29,700
2020 $5,724 $35,280 $9,300 $25,980
2019 $5,478 $33,000 $9,300 $23,700
2018 $5,272 $27,320 $7,960 $19,360
2017 $4,959 $25,795 $8,711 $17,084
2016 $4,561 $24,364 $8,336 $16,028
2015 $2,715 $23,700 $10,320 $13,380
2014 $2,715 $22,990 $9,090 $13,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEYH3335822

OneKey® MLS

APN: 03918-0017