NOT LISTED FOR SALE

Estimated Value: $488,403 - $619,000

2 Beds
2 Baths
1,863 Sq Ft
$302/Sq Ft Est. Value

Last Sold June 22, 2018

Last sale price $415,000 $223 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,452/month

85 Days on Market

Highlights

  • Balcony
  • Living Room
  • Heating System Uses Steam
  • Eat-In Kitchen
  • Dining Room
  • Back Yard

About This Home

As of June 2018

Opportunity knocks!! This turn of the century 2 family detached home has excellent income potential. With its $3700 present income which is under market value could be delivered vacant or with present tenants who have no leases'. With a little TLC this could become a home for a user with low down payment produce enough income to cover all experiences. Home features 2 two bedroom apartments plus finished basement and finished attic. The private drive makes parking for up to 4 cars very convenient. Property is near shopping, schools and bus transportation to free Manhattan ferry. Call for exclusive showing. 24 hours notice needed, property is fully occupied.

Last Agent to Sell the Property

Ken Macbride

Fillmore Real Estate Fusion License #10311203425 Listed on: 11/02/2017

Last Buyer's Agent

Ken Macbride

Fillmore Real Estate Fusion License #10311203425 Listed on: 11/02/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,482

Year Built

  • Built in 1901

Lot Details

  • 3,750 Sq Ft Lot
  • Lot Dimensions are 37.5 x 100
  • Back Yard

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 1,863 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Dining Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom

Outdoor Features

  • Balcony

Utilities

  • Heating System Uses Natural Gas
  • Heating System Uses Steam
  • 110 Volts

Listing and Financial Details

  • Legal Lot and Block 0005 / 01080
  • Assessor Parcel Number 01080-0005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,482

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Sub Type: Two Family - Detached
  • Prop. Type: Residential
  • Lot Size Acres: 0.09
  • Lot Size: 37.5 x 100
  • Modification Timestamp: 2024-09-20
  • Directions: Off Port Richmond Avenue.
  • Architectural Style: Other
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 3
  • Year Built Details: Approx
  • Year Built: 1901
  • General Property Info:Style2: Other
  • General Property Info:_three_4 Baths: 1
  • General Property Info:Public Remarks3: Opportunity knocks!! This turn of the century 2 family detached home has excellent income potential. With its $3700 present income which is under market value could be delivered vacant or with present tenants who have no leases'. With a little TLC this could become a home for a user with low down payment produce enough income to cover all experiences. Home features 2 two bedroom apartments plus finished basement and finished attic. The private drive makes parking for up to 4 cars very convenient. Property is near shopping, schools and bus transportation to free Manhattan ferry. Call for exclusive showing. 24 hours notice needed, property is fully occupied.
  • ContractLocation Information:List PriceSqFt2: 257.11
  • ContractLocation Information:End Unit: No
  • General Property Info:Tax Abated: No
  • General Property Info:Year Built Description: Approx
  • General Property Info:Condition: Good
  • General Property Info:Apartment Desc: 2 bedrooms
  • General Property Info Bldg Dimensions: 18 x 28
  • General Property Info Handicap Access: No
  • Special Features: None
  • Stories: 3
  • Year Built: 1901

Interior Features

  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • General Property Info:Stories2: 3.0
  • General Property Info:Total Rooms Main Unit: 8
  • General Property Info:Basement Type: Full
  • Kitchen:Eat In: Yes
  • Main Bath:Full Bath: Yes
  • Dining Room:Separate: Yes
  • Living Room:Separate2: Yes
  • Primary Bedroom:Shared Bath: Yes
  • General Property Info Basement Desc: Finished

Exterior Features

  • Lot Features: Back
  • Construction Type: Vinyl Siding
  • Exterior Features: Balcony
  • General Property Info:Waterview: No
  • Yard:Back: Yes
  • Exterior:Balcony: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • General Property Info:Garage Location: None
  • Parking:Off Street: Yes
  • Garage Location:None4: Yes

Utilities

  • Heating: Steam, Natural Gas
  • Heating Yn: Yes
  • Electric: 110
  • Sewer: City
  • General Property Info:No of Heating Units: 1.0
  • General Property Info:Air Conditioner: None
  • Sewer:City3: Yes
  • Heat Source:Gas2: Yes
  • Heat System:Steam: Yes
  • Siding:Vinyl Siding: Yes
  • Electric:_one_10: Yes
  • General Property Info Cable: Yes
  • General Property Info Cooling: No

Lot Info

  • Lot Size Sq Ft: 3750.0
  • Lot Size Units: Square Feet
  • Parcel #: 01080-0005
  • Zoning: R-3A
  • ResoLotSizeUnits: SquareFeet
  • General Property Info:Lot Size SqFt: 3750.0
  • General Property Info:Lot Dim: 37.5 x 100

Rental Info

  • General Property Info:Main Unit Rent: 1900.0
  • General Property Info Main Unit Lease: No

Tax Info

  • Tax Annual Amount: 3482.0
  • Tax Block: 01080
  • Tax Lot: 0005
  • General Property Info:Taxes2: 3482.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2017
Closed on
Jul 10, 2018
Sold by
Ahed Basem A
Bought by
Palumbo Vincent N
Seller's Agent
Ken Macbride
Fillmore Real Estate Fusion
Buyer's Agent
Ken Macbride
Fillmore Real Estate Fusion
List Price
$479,000
Sold Price
$415,000
Premium/Discount to List
-$64,000
-13.36%
Current Estimated Value
$557,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,435
Avg. Annual Appreciation
4.12%
Original Mortgage
$311,000
Outstanding Balance
$271,211
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$281,930

Purchase Details

Closed on
Aug 31, 2012
Sold by
Ennab Jamal S and Ahed Basem A
Bought by
Ahed Basem A

Purchase Details

Closed on
Sep 29, 2004
Sold by
Loffredo Mary J
Bought by
Ahed Basem and Ennah Jamal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,600
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 1997
Sold by
Loffredo Mary J and Poulton Victoria A
Bought by
Loffredo Mary J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.42%
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
Palumbo Vincent N $415,000 None Available
Ahed Basem A -- None Available
Ahed Basem $332,000 --
Loffredo Mary J $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palumbo Vincent N $311,000
Closed Palumbo Vincent M $12,450
Previous Owner Ahed Basem $265,600
Previous Owner Loffredo Mary J $151,000
Previous Owner Loffredo Mary J $18,984
Previous Owner Loffredo Mary J $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2018 06/22/18 Sold $415,000 -13.4% $223 / Sq Ft
01/26/2018 01/26/18 Pending -- -- --
11/02/2017 11/02/17 For Sale $479,000 -- $257 / Sq Ft
Source: Staten Island Multiple Listing Service

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 $4,471 $30,180 $7,035 $23,145
2024 $4,471 $24,660 $8,123 $16,537
2023 $4,265 $20,999 $7,015 $13,984
2022 $4,173 $27,180 $9,000 $18,180
2021 $4,385 $23,520 $9,000 $14,520
2020 $4,161 $24,480 $9,000 $15,480
2019 $3,880 $26,460 $9,000 $17,460
2018 $3,567 $17,499 $6,907 $10,592
2017 $3,551 $17,418 $7,004 $10,414
2016 $3,471 $17,365 $7,661 $9,704
2015 $2,966 $16,383 $6,849 $9,534
2014 $2,966 $15,457 $6,153 $9,304
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Staten Island Multiple Listing Service

MLS Number: 1114815

Staten Island Multiple Listing Service

APN: 01080-0005