NOT LISTED FOR SALE

1571 Hollywood Ave Bronx, NY 10461

Schuylerville Neighborhood

Estimated Value: $906,000 - $1,089,000

9 Beds
4 Baths
2,592 Sq Ft
$388/Sq Ft Est. Value

Last Sold July 27, 2022

Last sale price $978,000 $377 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $6,205/month

56 Days on Market

Highlights

  • 0.1 Acre Lot
  • 4 Car Detached Garage
  • Hot Water Heating System

About This Home

As of July 2022

Investment opportunity knocks! Don't miss this fully detached multiple family home at the center of desirable Pelham Bay area. 175 Ft depth offers X parking spots ! The property consists of 3 bedroom 2 bathroom apartment over 4 bedroom one bathroom apartment over 2 bedroom unit. It will be sold with 2 excellent tenants. The buyer can use the well-maintained third unit by own or rent it out for more income. Close to shops, restaurants, banks, library, post office, parks, local bus stations and major highway, 4 minutes walk to Q50 bus station and 7 minutes walk to 6 train Buhre Ave station. Call today for your private viewing tour.

Last Agent to Sell the Property

Alex Huang

Han Tang Realty Inc. Brokerage Phone: 718-513-1111 License #10311206937 Listed on: 02/24/2022

Last Buyer's Agent

Yong Lin

Han Tang Realty Inc. License #10401328739

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,411

Year Built

  • Built in 1935

Lot Details

  • 4,378 Sq Ft Lot
  • No Common Walls

Parking

  • 4 Car Detached Garage
  • Driveway

Interior Spaces

  • 2,592 Sq Ft Home
  • Finished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Full Bathrooms

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 05400-0009

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,411

Year Built

Built in 1935

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1935
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Basement: Finished, Walk-Out Access
  • Total Bedrooms: 9
  • Living Area: 2592
  • SquareFootage: 2592.00
  • SquareFootageSource: Municipality

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4
  • Garage: Yes
  • Parking Description: Detached, 4+ Car Detached, Driveway

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4378
  • Lot Size Units: Acres
  • Parcel Number: 05400-0009
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 6411
  • Tax Map Number: 05400-0009

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
Feb 24, 2022
Closed on
Jul 27, 2022
Sold by
1571 Hollywood Llc
Bought by
Wang Xing
Seller's Agent
Alex Huang
Han Tang Realty Inc.
Buyer's Agent
Yong Lin
Han Tang Realty Inc.
List Price
$1,100,000
Sold Price
$978,000
Premium/Discount to List
-$122,000
-11.09%
Current Estimated Value
$1,004,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,684
Avg. Annual Appreciation
3.29%
Original Mortgage
$586,800
Outstanding Balance
$564,472
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$512,469

Purchase Details

Closed on
Jan 1, 2022
Sold by
Liu Mei Dan and Liu Yusheng
Bought by
1571 Hollywood Llc

Purchase Details

Closed on
Oct 7, 2021
Sold by
1571 Hollywood Llc
Bought by
Liu Mei Dan and Liu Yusheng

Purchase Details

Closed on
Feb 12, 2020
Sold by
Liu Mei Dan and Liu Yusheng
Bought by
1571 Hollywood Llc

Purchase Details

Closed on
Apr 3, 2019
Sold by
Iqbal Asif
Bought by
Liu Mei Dan and Liu Yusheng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$628,500
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 25, 2011
Sold by
Iqbal Asif and Iqbal Yasir
Bought by
Iqbal Asif

Purchase Details

Closed on
Apr 25, 2006
Sold by
Lee Thomas J
Bought by
Iqbal Asif and Iqbal Yasir

Purchase Details

Closed on
Sep 29, 2000
Sold by
Plate Arthur and Plate Evelyn
Bought by
Lee Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
7.78%
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
Wang Xing $978,000 --
1571 Hollywood Llc -- --
Liu Mei Dan -- --
1571 Hollywood Llc -- --
Liu Mei Dan $838,000 --
Iqbal Asif -- --
Iqbal Asif $584,100 --
Lee Thomas $190,000 The Judicial Title Ins Agenc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Xing $586,800
Previous Owner Liu Mei Dan $628,500
Previous Owner Lee Thomas $113,605
Previous Owner Lee Thomas $4,864
Previous Owner Lee Thomas $171,000
Closed Iqbal Asif $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2023 11/10/23 Off Market $978,000 -- --
07/27/2022 07/27/22 Sold $978,000 -11.1% $377 / Sq Ft
04/20/2022 04/20/22 Pending -- -- --
02/23/2022 02/23/22 For Sale $1,100,000 -- $424 / 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 $7,681 $38,534 $6,729 $31,805
2024 $7,681 $38,243 $6,446 $31,797
2023 $7,327 $36,079 $6,798 $29,281
2022 $6,436 $58,980 $10,740 $48,240
2021 $6,758 $47,880 $10,740 $37,140
2020 $6,797 $48,720 $10,740 $37,980
2019 $6,374 $45,840 $10,740 $35,100
2018 $5,831 $30,066 $9,153 $20,913
2017 $5,483 $28,365 $10,600 $17,765
2016 $5,040 $26,760 $10,740 $16,020
2015 $3,158 $27,300 $11,940 $15,360
2014 $3,158 $27,300 $11,940 $15,360
Source: Public Records

Agents Affiliated with this Home

  • Alex Huang

    Seller's Agent in 2022

    Alex Huang

    Han Tang Realty Inc.

    (347) 989-5882

    32 in this area

    227 Total Sales

    Alex Huang
    Section Image

  • Y

    Buyer's Agent in 2022

    Yong Lin

    Han Tang Realty Inc.

    (917) 981-0085

    4 in this area

    16 Total Sales

    Yong Lin
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY6168333

OneKey® MLS

APN: 05400-0009

New York Bronx County Bronx 10461 Schuylerville

1571 Hollywood Ave, Bronx, NY

This home is located at 1571 Hollywood Ave, Bronx, NY 10461 since 24 February 2022 and is currently estimated at $1,004,684, approximately $387 per square foot. This property was built in 1935. 1571 Hollywood Ave is a home located in Bronx County with nearby schools including P.S. 71 Rose E Scala, Herbert H Lehman High School, and St. Theresa School.

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