NOT LISTED FOR SALE

1581 Mayflower Ave Bronx, NY 10461

Schuylerville Neighborhood

Estimated Value: $773,000 - $849,000

4 Beds
2 Baths
2,178 Sq Ft
$372/Sq Ft Est. Value

Last Sold March 15, 2024

Last sale price $700,000 $321 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,505/month

69 Days on Market

Highlights

  • Deck
  • 2-minute walk to Middletown Road
  • Formal Dining Room
  • Property is near public transit
  • Main Floor Bedroom
  • Porch

About This Home

As of March 2024

Beautiful two family in Pelham Bay. Has lots lots of potential

Last Agent to Sell the Property

Sonia Rios

Charles Rutenberg Realty Inc Brokerage Phone: 516-575-7500 License #10301203220 Listed on: 10/12/2023

Charles Rutenberg Realty Inc

Last Buyer's Agent

Hipolito Rosario

Motivated Access Realty Corp. License #10311208838

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,328

Year Built

  • Built in 1920

Lot Details

  • 2,375 Sq Ft Lot
  • Lot Dimensions are 25x95
  • No Common Walls
  • East Facing Home
  • Level Lot

Home Design

  • Frame Construction
  • Blown Fiberglass Insulation

Interior Spaces

  • 2-Story Property
  • Formal Dining Room
  • Storm Doors
  • Oven

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

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

Parking

  • No Garage
  • On-Street Parking

Outdoor Features

  • Deck
  • Patio
  • Porch

Location

  • Property is near public transit

Schools

  • Ps 71 Rose E Scala Elementary And Middle School
  • Herbert H Lehman High School

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Oil

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Legal Lot and Block 36 / 5386
  • Assessor Parcel Number 05386-0036

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

$3,328

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Property Condition: Good
  • Year Built: 1920
  • New Construction: No
  • Attribution Contact: 516-575-7500
  • BuildingSize: 21 X 48
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Oven, Washer
  • Interior Amenities: First Floor Bedroom, Formal Dining
  • Living Area Units: Square Feet
  • Door Features: Storm Door(s)
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Full, Partial, Walk-Out Access
  • Inclusions: Ceiling Fan,Dryer,Washer
  • Total Bedrooms: 4
  • NumberOfKitchens: 2

Exterior Features

  • Direction Faces: East
  • Construction Materials: Fiberglass Insulation, Frame
  • Patio and Porch Features: Deck, Patio, Porch
  • FloodZoneReportYN: 0

Garage/Parking

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

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Oil, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: See Remarks

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Ps 71 Rose E Scala

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 25x95
  • Lot Size Sq Ft: 2375
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 05386-0036
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No
  • Tenant Pays: Cooking Gas, Electricity

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf1Bedrooms: 2
  • NumberOf2Bedrooms: 3

Tax Info

  • Tax Annual Amount: 3328
  • Tax Block: 5386
  • Tax Lot: 36
  • Tax Map Number: 05386-0036
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Elementary School: Ps 71 Rose E Scala
  • High School: Herbert H Lehman High School
  • Middle School District: Bronx 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2023
Closed on
Mar 15, 2024
Sold by
Vatore Maria T and Vatore Marie T
Bought by
Mg1 Property Llc
Seller's Agent
Sonia Rios
Charles Rutenberg Realty Inc
Buyer's Agent
Hipolito Rosario
Motivated Access Realty Corp.
List Price
$832,999
Sold Price
$700,000
Premium/Discount to List
-$132,999
-15.97%
Views
103
Current Estimated Value
$810,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,113
Avg. Annual Appreciation
8.41%
Original Mortgage
$525,000
Outstanding Balance
$516,670
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$293,443
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
Mg1 Property Llc $700,000 --
Mg1 Property Llc $700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mg1 Property Llc $525,000
Closed Mg1 Property Llc $525,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2024 03/15/24 Sold $700,000 -12.5% $321 / Sq Ft
12/21/2023 12/21/23 Pending -- -- --
11/28/2023 11/28/23 Price Changed $799,999 -2.4% $367 / Sq Ft
11/07/2023 11/07/23 Price Changed $819,999 -1.2% $376 / Sq Ft
10/22/2023 10/22/23 Price Changed $829,999 -0.4% $381 / Sq Ft
10/12/2023 10/12/23 For Sale $832,999 +19.0% $382 / Sq Ft
09/29/2023 09/29/23 Off Market $700,000 -- --
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 $3,219 $24,827 $4,559 $20,268
2024 $3,219 $24,827 $4,740 $20,087
2023 $3,317 $24,576 $5,063 $19,513
2022 $959 $40,140 $9,840 $30,300
2021 $1,070 $39,540 $9,840 $29,700
2020 $1,001 $39,840 $9,840 $30,000
2019 $982 $32,820 $9,840 $22,980
2018 $919 $20,480 $5,248 $15,232
2017 $1,113 $19,347 $6,234 $13,113
2016 $993 $18,270 $5,992 $12,278
2015 $538 $17,241 $7,230 $10,011
2014 $538 $17,241 $6,881 $10,360
Source: Public Records

Agents Affiliated with this Home

  • Sonia Rios

    Seller's Agent in 2024

    Sonia Rios

    Charles Rutenberg Realty Inc

    (917) 650-5077

    1 in this area

    29 Total Sales

    Sonia Rios
    Section Image

  • H

    Buyer's Agent in 2024

    Hipolito Rosario

    Motivated Access Realty Corp.

    (646) 359-9753

    2 in this area

    41 Total Sales

    Hipolito Rosario
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY3507540

OneKey® MLS

APN: 05386-0036

New York Bronx County Bronx 10461 Schuylerville

1581 Mayflower Ave, Bronx, NY

Not Listed for Sale

MultiFamily

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