NOT LISTED FOR SALE

1557 Beach Ave Bronx, NY 10460

Parkchester Neighborhood

Estimated Value: $652,000 - $1,074,000

5 Beds
4 Baths
2,612 Sq Ft
$321/Sq Ft Est. Value

Last Sold May 27, 2022

Last sale price $549,000 $210 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,976/month

86 Days on Market

Highlights

  • Chalet
  • Balcony
  • Window Unit Cooling System
  • Property is near public transit
  • Eat-In Kitchen
  • Park

About This Home

As of May 2022

Welcome to 1557 Beach Avenue!! This multi-family home is just waiting for you to "turn the key" for investment or future use. Featuring 2 separate units, both units feature hardwood floors, huge bedrooms & modern bathrooms and so much more! Unit one features two bedrooms and two full bathrooms complete with en-suite bathroom and access to the backyard. The second unit features three large bedrooms and two full bathrooms, a lovely balcony and also access to the backyard! Both units feature access to the backyard to enjoy! Close to shops, schools and transportation, come make this home yours today!

Last Agent to Sell the Property

Michael Ciofalo

Keller Williams NY Realty License #10401229321 Listed on: 01/24/2022

Keller Williams NY Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,092

Year Built

  • Built in 2004

Lot Details

  • 2,374 Sq Ft Lot
  • Two or More Common Walls
  • Stone Wall
  • Sloped Lot

Parking

  • On-Street Parking

Home Design

  • Chalet
  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • 2,612 Sq Ft Home
  • Entrance Foyer
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • 2 Heating Zones
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Natural Gas Water Heater
  • Municipal Trash

Additional Features

  • Balcony
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for cooking gas, electricity, heat
  • Assessor Parcel Number 03919-0037

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

$6,092

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: See Remarks, Chalet
  • Property SubType: Multi Family
  • Year Built: 2004
  • Attribution Contact: 914-437-6100
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen, Entrance Foyer, Master Bath
  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Basement: None
  • Total Bedrooms: 5
  • Living Area: 2612.00
  • Square Footage: 2612.00

Exterior Features

  • Construction Materials: Brick, Stucco
  • Exterior Features: Balcony

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None, On Street

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Garbage Removal: Public
  • Heating: Natural Gas, Baseboard, Radiant
  • Hot Water: Gas Stand Alone
  • Heating Zones: 2
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.0500
  • Lot Size Sq Ft: 2374.00
  • Lot Size Units: Acres
  • Lot Features: Sloped, Stone/Brick Wall, Near Public Transit
  • Parcel Number: 03919-0037
  • Property Attached: Yes

Rental Info

  • Tenant Pays: Cooking Gas, Electricity, Heat

Tax Info

  • Close Date: 2022-05-27
  • Tax Annual Amount: 6092.00
  • Tax Map Number: 03919-0037

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

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
Jan 24, 2022
Closed on
May 27, 2022
Sold by
Smith Mark S
Bought by
Gonzalez Ramon
Seller's Agent
Michael Ciofalo
Keller Williams NY Realty
List Price
$650,000
Sold Price
$549,000
Premium/Discount to List
-$101,000
-15.54%
Current Estimated Value
$839,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,577
Avg. Annual Appreciation
12.52%
Original Mortgage
$349,000
Outstanding Balance
$331,579
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$507,998

Purchase Details

Closed on
Feb 28, 2007
Sold by
Two Sams Associates Llc
Bought by
Smith Mark S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
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
Gonzalez Ramon $549,000 --
Smith Mark S $470,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Ramon $349,000
Previous Owner Smith Mark S $376,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2022 05/27/22 Sold $549,000 -8.5% $210 / Sq Ft
04/20/2022 04/20/22 Pending -- -- --
03/28/2022 03/28/22 Price Changed $600,000 -6.3% $230 / Sq Ft
02/09/2022 02/09/22 Price Changed $640,000 -1.5% $245 / Sq Ft
01/24/2022 01/24/22 For Sale $650,000 -- $249 / 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 $6,924 $34,733 $5,690 $29,043
2024 $6,924 $34,472 $5,739 $28,733
2023 $6,605 $32,521 $6,259 $26,262
2022 $6,125 $40,080 $9,180 $30,900
2021 $6,091 $42,060 $9,180 $32,880
2020 $6,127 $44,400 $9,180 $35,220
2019 $6,009 $35,760 $9,180 $26,580
2018 $5,525 $27,101 $7,898 $19,203
2017 $5,212 $25,567 $7,610 $17,957
2016 $4,822 $24,120 $9,180 $14,940
2015 $2,670 $26,400 $10,200 $16,200
2014 $2,670 $26,400 $10,200 $16,200
Source: Public Records

Agents Affiliated with this Home

  • Michael Ciofalo

    Seller's Agent in 2022

    Michael Ciofalo

    Keller Williams NY Realty

    (914) 320-3704

    1 in this area

    36 Total Sales

    Michael Ciofalo
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Map

Source: OneKey® MLS

MLS Number: KEY6162531

OneKey® MLS

APN: 03919-0037

New York Bronx County Bronx 10460 Parkchester

1557 Beach Ave, Bronx, NY

Not Listed for Sale

MultiFamily

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