NOT LISTED FOR SALE

1561 Metropolitan Ave Unit 5H Bronx, NY 10462

Parkchester Neighborhood

Estimated Value: $265,000 - $309,000

2 Beds
1 Bath
785 Sq Ft
$933/mo HOA Fee

Last Sold December 30, 2020

Last sale price $240,000 $306 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,644/month

118 Days on Market

Highlights

  • Clubhouse
  • Cul-De-Sac
  • Park
  • Property is near public transit
  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System

About This Home

As of December 2020

AO!!! Price reduced! Owner moving abroad. All offers looked at for quick decision. Welcome to this move-in ready renovated 2-bedroom condo! Original hardwood floors with high ceilings. Great sunlight exposure from North and East. Delivered w/installed air-conditioners, beautiful lighting/fan fixtures. 24-hour security and onsite management.Close proximity to the Met Oval. Complex has additional storage facility; handicap-enabled front entrance. Laundromat/Cleaners, Supermarket, Pharmacy, Deli and bus to the train - all on the block. Onsite parking andconvenient garages. Exp bus to Manhattan a block away; Exp 6 train into Manhattan 30 minutes; may cutdown to 10 with the proposed Metro North Stop (to Grand Central Station) two blocks away on East Tremont Ave. Tax abatement in place till 2033. All offers to be submitted in writing with proof of funds.

Last Agent to Sell the Property

Noel Cohen

Cohen and Cohen Consulting License #10311205279 Listed on: 07/08/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $551

Year Built

  • Built in 1940 | Remodeled in 2016

Lot Details

  • Two or More Common Walls
  • Cul-De-Sac

HOA Fees

  • $933 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 785 Sq Ft Home
  • No Attic
  • Oven

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Property is near public transit

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 03944-4241

Community Details

Overview

  • Association fees include ground maintenance, exterior maintenance, snow removal, trash, sewer, gas, heat, hot water
  • Parkchester North Co Association
  • Mid-Rise Condominium
  • Parkchester Community
  • Parkchester Subdivision
  • 14-Story Property

Amenities

  • Clubhouse

Recreation

  • Park

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$551

Year Built

Built in 1940 | Remodeled in 2016

Lot Details

0

HOA Fees

$933 per month

Listing Details

  • Property Type: Residential
  • Architectural Style: See Remarks, Apartment, Mid Rise
  • Property SubType: Condominium
  • Levels: One
  • Subdivision Name: Parkchester
  • Development Name: Parkchester
  • Year Built: 1940
  • Year Built Effective: 2016
  • Attribution Contact: 917-962-4962
  • Special Features: None
  • Property Sub Type: Condos
  • Year Renovated: 2016

Interior Features

  • Appliances: Oven, Refrigerator
  • Interior Amenities: Elevator
  • Living Area Units: Square Feet
  • Attic Description: None
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Basement: None
  • Inclusions: Ceiling Fan, Intercom, Refrigerator
  • Stories: 14
  • Total Bedrooms: 2
  • Living Area: 785.00
  • Square Footage: 785.00

Exterior Features

  • Construction Materials: Brick

Garage/Parking

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

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water, See Remarks
  • Hot Water: Gas Stand Alone
  • Sewer: Public Sewer, Other
  • Water Source: Public, See Remarks

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Exterior Maintenance, Other, Snow Removal, Trash, Sewer, Gas, Heat, Hot Water
  • Management: Parkchester North co
  • Association Fee: 933.00
  • Association Fee Frequency: Monthly
  • Senior Community: No

Association/Amenities

  • Community Features: Clubhouse, Park

Schools

  • Elementary School: Call Listing Agent
  • Middle School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School: Call Listing Agent

Lot Info

  • Lot Features: Near Public Transit, Cul-De-Sec
  • Parcel Number: 03944-4241
  • Property Attached: Yes

Rental Info

  • Lease Considered: Yes
  • Pets Allowed: Call
  • Renting Allowed: Yes

Tax Info

  • Close Date: 2020-12-30
  • Included in Taxes: Sewer, Trash, Water
  • Tax Annual Amount: 551.00
  • Tax Map Number: 03944-4241

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
Jul 8, 2020
Closed on
Dec 30, 2020
Sold by
D'Silva Adil Rahul and D'Silva Ina
Bought by
Moges Anteneh
Seller's Agent
Noel Cohen
Cohen and Cohen Consulting
List Price
$265,000
Sold Price
$240,000
Premium/Discount to List
-$25,000
-9.43%
Current Estimated Value
$286,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,811
Avg. Annual Appreciation
3.65%
Original Mortgage
$0
Interest Rate
2.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Feb 19, 2014
Closed on
Jun 20, 2014
Sold by
Estate Of Annette Huntley and Estate Of Joan Annette Huntley
Bought by
D'Silva Adil R and D'Silva Irene
Seller's Agent
Miriam Soto
RE/MAX Top
Buyer's Agent
Noel Cohen
Cohen and Cohen Consulting
List Price
$135,000
Sold Price
$123,000
Premium/Discount to List
-$12,000
-8.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.78%
Original Mortgage
$98,400
Interest Rate
4.14%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Moges Anteneh $240,000 --
D'Silva Adil R $123,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moges Anteneh $0
Previous Owner D'Silva Adil R $98,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2020 12/30/20 Sold $240,000 -2.0% $306 / Sq Ft
11/04/2020 11/04/20 Pending -- -- --
10/10/2020 10/10/20 Price Changed $245,000 -3.9% $312 / Sq Ft
09/12/2020 09/12/20 Price Changed $254,888 -0.4% $325 / Sq Ft
08/24/2020 08/24/20 Price Changed $255,888 -3.4% $326 / Sq Ft
08/14/2020 08/14/20 Price Changed $264,999 0.0% $338 / Sq Ft
07/08/2020 07/08/20 For Sale $265,000 +115.4% $338 / Sq Ft
06/20/2014 06/20/14 Sold $123,000 -8.9% $160 / Sq Ft
03/27/2014 03/27/14 Pending -- -- --
02/19/2014 02/19/14 For Sale $135,000 -- $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 $1,821 $32,525 $9,310 $23,215
2024 $1,821 $32,356 $8,991 $23,365
2023 $1,696 $31,614 $8,569 $23,045
2022 $1,320 $30,764 $9,097 $21,667
2021 $1,453 $29,836 $8,169 $21,667
2020 $835 $31,952 $8,169 $23,783
2019 $690 $31,434 $7,651 $23,783
2018 $3,118 $28,933 $5,150 $23,783
2017 $974 $26,802 $3,019 $23,783
2016 $1,013 $25,811 $2,028 $23,783
Source: Public Records

Agents Affiliated with this Home

  • Noel Cohen

    Seller's Agent in 2020

    Noel Cohen

    Cohen and Cohen Consulting

    (917) 553-9212

    11 in this area

    41 Total Sales

    Noel Cohen
    Section Image
  • Miriam Soto

    Seller's Agent in 2014

    Miriam Soto

    RE/MAX Top

    (917) 837-7600

    2 in this area

    27 Total Sales

    Miriam Soto
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY6051335

OneKey® MLS

APN: 03944-4241

New York Bronx County Bronx 10462 Parkchester

1561 Metropolitan Ave Unit 5H, Bronx, NY

This home is located at 1561 Metropolitan Ave Unit 5H, Bronx, NY 10462 since 08 July 2020 and is currently estimated at $286,811, approximately $365 per square foot. This property was built in 1940. 1561 Metropolitan Ave Unit 5H is a home located in Bronx County with nearby schools including P.S. 106 - Parkchester, M.S. 127 - The Castle Hill Middle School, and St Raymond Elementary School.

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