NOT LISTED FOR SALE

1612 Adams St Bronx, NY 10460

Van Nest Neighborhood

Estimated Value: $636,000 - $784,736

4 Beds
2 Baths
1,512 Sq Ft
$466/Sq Ft Est. Value

Last Sold November 06, 2019

Last sale price $413,500 $273 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $4,130/month

43 Days on Market

Highlights

  • 0.05 Acre Lot
  • 4-minute walk to East 180 Street
  • Park
  • Property is near public transit
  • Window Unit Cooling System
  • Baseboard Heating

About This Home

As of November 2019

Back on the market! This unique two family home would love your personal touch. Live in one unit and rent out the other, move the family into both units, or make this your next investment property. Featuring a two bedroom over two bedroom apartment, it also has 750 square feet of finished basement space. One apartment is tenant occupied but the entire home will be delivered vacant. It also features a spacious backyard for entertaining guests or a relaxing night. This home is near an abundance of transportation options, including the 2/5 train, the BxM10 Express bus to Manhattan, the Bronx River Parkway/Cross Bronx Expressway, and the soon to come Metro North station. Welcome home!

Last Agent to Sell the Property

Nyahalay Tucker

Corcoran Legends Realty License #10401316992 Listed on: 05/29/2019

Corcoran Legends Realty

Last Buyer's Agent

Non Non Member-MLS

Non-Member MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,347

Year Built

  • Built in 1925 | Remodeled in 2013

Lot Details

  • 2,375 Sq Ft Lot
  • No Common Walls

Parking

  • On-Street Parking

Interior Spaces

  • 1,512 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit

Utilities

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

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 04018-0045

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,347

Year Built

Built in 1925 | Remodeled in 2013

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1925
  • Year Built Effective: 2013
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2013

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Full
  • Total Bedrooms: 4
  • Living Area: 1512.00
  • Square Footage: 1512.00

Exterior Features

  • View YN: No

Garage/Parking

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

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Hot Water: Gas Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.0500
  • Lot Dimensions: 2375.0000
  • Lot Size Sq Ft: 2375.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04018-0045
  • Property Attached: No

Rental Info

  • Tenant Pays: Electricity

Tax Info

  • Close Date: 2019-11-06
  • Tax Annual Amount: 4347.00
  • Tax Map Number: 04018-0045

Multi Family

  • Units Total: 2
  • Two Bedrooms: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 1

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

Closed on
Dec 16, 2021
Sold by
1612 Adams St Llc
Bought by
Algabyali Mohamed H
Current Estimated Value
$704,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,000
Outstanding Balance
$304,474
Interest Rate
3.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$399,960

Purchase Details

Listed on
May 29, 2019
Closed on
Nov 6, 2019
Sold by
Maldonado Jasmine and Ruiz Ryan
Bought by
1612 Adams St Llc
Seller's Agent
Nyahalay Tucker
Corcoran Legends Realty
Buyer's Agent
Non Non Member-MLS
Non-Member MLS
List Price
$450,000
Sold Price
$413,500
Premium/Discount to List
-$36,500
-8.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.22%
Original Mortgage
$310,125
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2013
Sold by
1612 Adams Corp
Bought by
Maldonado Jasmine and Ruiz Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,019
Interest Rate
4.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2012
Sold by
Gmac Mortgage Llc
Bought by
1612 Adams Corp

Purchase Details

Closed on
Jun 14, 2010
Sold by
Gerald L Sheiowitz Esq Referee
Bought by
Gmac Mortgage Llc

Purchase Details

Closed on
Feb 2, 2005
Sold by
Mulero Wilbur
Bought by
Colon Ely

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Algabyali Mohamed H -- --
1612 Adams St Llc $413,500 --
Maldonado Jasmine $275,000 --
1612 Adams Corp $98,000 --
Gmac Mortgage Llc $491,114 --
Colon Ely $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Algabyali Mohamed H $331,000
Previous Owner 1612 Adams St Llc $310,125
Previous Owner Maldonado Jasmine $270,019
Previous Owner Colon Ely $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2019 11/06/19 Sold $413,500 -8.1% $273 / Sq Ft
07/11/2019 07/11/19 Pending -- -- --
05/29/2019 05/29/19 For Sale $450,000 -- $298 / 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 $5,008 $26,369 $5,869 $20,500
2024 $5,008 $24,936 $6,619 $18,317
2023 $5,064 $24,936 $6,346 $18,590
2022 $3,621 $31,080 $8,520 $22,560
2021 $4,901 $29,520 $8,520 $21,000
2020 $4,651 $31,680 $8,520 $23,160
2019 $4,054 $28,020 $8,520 $19,500
2018 $3,938 $20,780 $6,238 $14,542
2017 $3,717 $19,704 $6,330 $13,374
2016 $3,570 $19,407 $7,388 $12,019
2015 $2,022 $18,312 $9,333 $8,979
2014 $2,022 $17,317 $7,931 $9,386
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2019

    Nyahalay Tucker

    Corcoran Legends Realty

    Section Image

  • N

    Buyer's Agent in 2019

    Non Non Member-MLS

    Non-Member MLS

See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY4933934

OneKey® MLS

APN: 04018-0045

New York Bronx County Bronx 10460 Van Nest

1612 Adams St, Bronx, NY

Not Listed for Sale

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