NOT LISTED FOR SALE

1616 Library Ave Bronx, NY 10465

Country Club Neighborhood

Estimated Value: $850,000 - $1,123,000

4 Beds
2 Baths
1,600 Sq Ft
$579/Sq Ft Est. Value

Last Sold August 30, 2022

Last sale price $780,000 $488 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,554/month

162 Days on Market

About This Home

As of August 2022

Detached TWO family with finished basement for your in-Law on a pretty tree-lined peaceful street in the highly sought after Country Club neighborhood. This home consists of a 2 bedroom one bath unit with access to the attic, a 2 bedroom one bath unit with access to rear patio and a finished basement with 1 bedroom and one bath that adds approximately 650 square feet of useable living space making the total usable finished space 2135 square feet (including the basement). All three floors have separate private entry. The boiler and hot water heater are gas and recently installed. There is an oversized one car garage plus storage in the rear. Close to convenient shopping on Ampere Ave and a block from Pelham Bay Park. Great for owner use or investment. Motivated seller. Home will be delivered vacant.

Last Agent to Sell the Property

Maria Porco-Rosa

Prime Realty Group, Inc. License #31PO0881590 Listed on: 01/05/2022

Last Buyer's Agent

Rafael Silva

Douglas Elliman Real Estate License #10401278637

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,880

Year Built

  • Built in 1925

Lot Details

  • 3,000 Sq Ft Lot
  • No Common Walls

Parking

  • 1 Car Detached Garage
  • Common or Shared Parking

Home Design

  • Frame Construction
  • Stucco

Interior Spaces

  • 1,600 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Finished Basement

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

Utilities

  • No Cooling
  • 2 Heating Zones
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 05416-0117

Community Details

Overview

  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,880

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: 2 Story
  • Property SubType: Multi Family
  • Year Built: 1925
  • Attribution Contact: 718-597-2300
  • 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: 4
  • Living Area: 1600.00
  • Square Footage: 1600.00

Exterior Features

  • Construction Materials: Frame, Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Description: Detached, 1 Car Detached, Common

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Baseboard, Hot Water
  • Hot Water: Gas Stand Alone
  • Heating Zones: 2
  • Sewer: Public Sewer
  • Water Source: Public

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: 0.0700
  • Lot Size Area: 0.0700
  • Lot Size Sq Ft: 3000.00
  • Lot Size Units: Acres
  • Parcel Number: 05416-0117
  • Property Attached: No

Tax Info

  • Close Date: 2022-08-30
  • Tax Annual Amount: 6880.00
  • Tax Map Number: 05416-0117

Multi Family

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

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: Bronx 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2022
Closed on
Aug 30, 2022
Sold by
Veltri Antonio and Veltri Giovanna
Bought by
Nolasco Clelia
Seller's Agent
Maria Porco-Rosa
Prime Realty Group, Inc.
Buyer's Agent
Rafael Silva
Douglas Elliman Real Estate
List Price
$810,000
Sold Price
$780,000
Premium/Discount to List
-$30,000
-3.7%
Current Estimated Value
$926,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,967
Avg. Annual Appreciation
3.90%
Original Mortgage
$630,850
Outstanding Balance
$605,088
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$271,090
Source: Public Records

Range of Values:

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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
Nolasco Clelia $780,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nolasco Clelia $630,850
Previous Owner Veltri Antonio $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2022 08/30/22 Sold $780,000 -3.7% $488 / Sq Ft
06/16/2022 06/16/22 Pending -- -- --
06/06/2022 06/06/22 For Sale $810,000 +3.8% $506 / Sq Ft
06/05/2022 06/05/22 Off Market $780,000 -- --
04/28/2022 04/28/22 Price Changed $810,000 -1.2% $506 / Sq Ft
04/04/2022 04/04/22 Price Changed $819,999 -1.8% $512 / Sq Ft
02/22/2022 02/22/22 Price Changed $835,000 -1.6% $522 / Sq Ft
01/05/2022 01/05/22 For Sale $849,000 -- $531 / 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 $7,397 $39,016 $9,616 $29,400
2024 $7,397 $36,826 $9,718 $27,108
2023 $7,479 $36,826 $11,236 $25,590
2022 $7,247 $36,300 $12,540 $23,760
2021 $7,253 $37,740 $12,540 $25,200
2020 $6,882 $40,020 $12,540 $27,480
2019 $6,420 $38,100 $12,540 $25,560
2018 $6,256 $30,688 $10,345 $20,343
2017 $6,205 $30,440 $10,195 $20,245
2016 $5,741 $28,718 $10,548 $18,170
2015 $3,464 $27,094 $13,845 $13,249
2014 $3,464 $25,574 $13,155 $12,419
Source: Public Records

Agents Affiliated with this Home

  • Maria Porco-Rosa

    Seller's Agent in 2022

    Maria Porco-Rosa

    Prime Realty Group, Inc.

    (347) 739-4122

    14 in this area

    104 Total Sales

    Maria Porco-Rosa
    Section Image
  • Rafael Silva

    Buyer's Agent in 2022

    Rafael Silva

    Douglas Elliman Real Estate

    (718) 884-5815

    1 in this area

    36 Total Sales

    Rafael Silva
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY6160285

OneKey® MLS

APN: 05416-0117

New York Bronx County Bronx 10465 Country Club

1616 Library Ave, Bronx, NY

This home is located at 1616 Library Ave, Bronx, NY 10465 since 05 January 2022 and is currently estimated at $926,967, approximately $579 per square foot. This property was built in 1925. 1616 Library Ave is a home located in Bronx County with nearby schools including P.S. 71 Rose E Scala, Herbert H Lehman High School, and Villa Maria Academy.

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