NOT LISTED FOR SALE

1566 White Plains Rd Bronx, NY 10462

Parkchester Neighborhood

Estimated Value: $978,978 - $1,202,000

6 Beds
2 Baths
3,604 Sq Ft
$316/Sq Ft Est. Value

Last Sold February 19, 2021

Last sale price $900,000 $250 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $6,696/month

Highlights

  • Property is near public transit
  • Window Unit Cooling System
  • Hot Water Heating System
  • Balcony
  • Park
  • 4-minute walk to Van Nest Park

About This Home

As of February 2021

In the heart of Parkchester you'll find this fully detached brick 2 family home, that is in great condition, and ready for you and your family to move in. This home has 2- 3 bedroom apts w/ a fully finished walk out bsmt. It has a long private driveway capable of fitting multiple vehicles. The home provides exceptional value. It has been approved by the Dept of Buildings for a conversion to a legal 3 family home. Better yet, all the work has been completed including the installation of the required sprinkler system. The property also sits on a R6 Zone, which gives you an additional 2,600 sq ft of air rights( inquire with your architect), which allows you to build up. The property is a short walk to all of Parkchester's shops, and it is one block from the future Metro North Station at E. Tremont. Call for details.

Last Agent to Sell the Property

Kenneth Fuentes

Keller Williams Realty NYC Grp License #10401214433 Listed on: 06/07/2020

Keller Williams Realty NYC Grp

Last Buyer's Agent

Rafael Paredes

Paredes Realty NYC LLC License #10491211193

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,681

Year Built

  • Built in 1930

Lot Details

  • 2,566 Sq Ft Lot
  • No Common Walls

Parking

  • Driveway

Home Design

  • 3,604 Sq Ft Home
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Finished Basement

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

Utilities

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

Additional Features

  • Balcony
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 03937-0132

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,681

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1930
  • Attribution Contact: 718-697-6800
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 6
  • Living Area: 3604.00
  • Square Footage: 3604.00

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Balcony

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Hot Water: Gas Stand Alone
  • Sewer: 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: 0.0600
  • Lot Size Area: 0.0600
  • Lot Size Sq Ft: 2566.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 03937-0132
  • Property Attached: No

Rental Info

  • Hold Start Date: 2020-08-17

Tax Info

  • Close Date: 2021-02-19
  • Tax Annual Amount: 7681.00
  • Tax Map Number: 03937-0132

Multi Family

  • Units Total: 2
  • Three Bedrooms: 2
  • Separate Electric Meters: 3
  • 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
Jun 7, 2020
Closed on
Feb 19, 2021
Sold by
Vega Juan B and Vega Sara
Bought by
Moreno Luis and Torres Ana M
Seller's Agent
Kenneth Fuentes
Keller Williams Realty NYC Grp
Buyer's Agent
Rafael Paredes
Paredes Realty NYC LLC
List Price
$1,125,000
Sold Price
$900,000
Premium/Discount to List
-$225,000
-20%
Current Estimated Value
$1,139,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,995
Avg. Annual Appreciation
5.17%
Original Mortgage
$869,962
Outstanding Balance
$778,488
Interest Rate
2.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$361,507
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
Moreno Luis $900,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moreno Luis $869,962
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2021 02/19/21 Sold $900,000 0.0% $250 / Sq Ft
08/17/2020 08/17/20 Off Market $900,000 -- --
08/10/2020 08/10/20 Price Changed $950,000 -7.3% $264 / Sq Ft
06/24/2020 06/24/20 Price Changed $1,025,000 -8.9% $284 / Sq Ft
06/07/2020 06/07/20 For Sale $1,125,000 -- $312 / Sq Ft
06/07/2020 06/07/20 Pending -- -- --
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 $8,746 $45,792 $7,282 $38,510
2024 $8,746 $43,546 $6,988 $36,558
2023 $8,478 $41,747 $7,778 $33,969
2022 $7,862 $47,880 $10,620 $37,260
2021 $8,182 $38,880 $10,620 $28,260
2020 $8,077 $41,040 $10,620 $30,420
2019 $7,591 $42,300 $10,620 $31,680
2018 $7,092 $34,789 $7,455 $27,334
2017 $6,690 $32,820 $8,346 $24,474
2016 $6,561 $32,820 $9,998 $22,822
2015 $3,515 $31,800 $9,780 $22,020
2014 $3,515 $30,240 $9,780 $20,460
Source: Public Records

Agents Affiliated with this Home

  • Kenneth Fuentes

    Seller's Agent in 2021

    Kenneth Fuentes

    Keller Williams Realty NYC Grp

    (917) 335-6920

    4 in this area

    73 Total Sales

    Kenneth Fuentes
    Section Image

  • R

    Buyer's Agent in 2021

    Rafael Paredes

    Paredes Realty NYC LLC

    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY6043534

OneKey® MLS

APN: 03937-0132

New York Bronx County Bronx 10460 Parkchester

1566 White Plains Rd, Bronx, NY

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