NOT LISTED FOR SALE

1659 Garfield St Bronx, NY 10460

Van Nest Neighborhood

Estimated Value: $989,990 - $1,307,000

8 Beds
4 Baths
3,360 Sq Ft
$341/Sq Ft Est. Value

Last Sold November 25, 2015

Last sale price $615,000 $183 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $7,270/month

294 Days on Market

Highlights

  • 0.06 Acre Lot
  • In-Law or Guest Suite
  • Home Security System
  • Separate Outdoor Workshop
  • Window Unit Cooling System
  • 2-minute walk to Van Nest Park

About This Home

As of November 2015

Solid brick building that was renovated in 2014, including upgrades to the electrical and plumbing systems. All four apartments received renovations and rented to new tenants. Basement is dry and clean and has potential for legalizing into a fifth, income-generating basement unit, ideal for a super. Current owners are selling in order to move on to larger properties, otherwise, they are very happy with the monthly return on their investment. We hope that you will be, too! Actual CAP rate is 5.7%.

Last Agent to Sell the Property

Robert Seitz

Stetson Real Estate Brokerage Phone: 914-381-7173 License #40SE1011923 Listed on: 12/15/2014

Last Buyer's Agent

Kevin Brooks

Kevin Brooks Realty, LLC License #49BR0830791

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,182

Year Built

  • Built in 1926 | Remodeled in 2014

Lot Details

  • 2,500 Sq Ft Lot
  • Two or More Common Walls
  • Fenced

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,360 Sq Ft Home
  • Entrance Foyer
  • Storage
  • Wall to Wall Carpet
  • Home Security System

Bedrooms and Bathrooms

  • 8 Bedrooms
  • In-Law or Guest Suite
  • 4 Full Bathrooms

Basement

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

Outdoor Features

  • Separate Outdoor Workshop

Utilities

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

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Assessor Parcel Number 04024-0012

Community Details

Overview

  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,182

Year Built

Built in 1926 | Remodeled in 2014

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Townhouse
  • Property SubType: Multi Family
  • Year Built: 1926
  • Year Built Effective: 2014
  • Attribution Contact: 914-381-7173
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2014

Interior Features

  • Interior Amenities: Entrance Foyer, Guest Quarters, Storage
  • Living Area Units: Square Feet
  • Flooring: Wall To Wall Carpet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 4
  • Basement: Full, Walk-Out Access
  • Total Bedrooms: 8
  • Living Area: 3360
  • Owner Pays: Insurance
  • SquareFootage: 3360.00
  • SquareFootageSource: Municipality

Exterior Features

  • Other Structures: Workshop
  • Construction Materials: Brick
  • Fencing: Fenced

Garage/Parking

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

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Oil, Hot Water
  • Security: Security System
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Fuel Oil Stand Alone
  • NumberOfHeatingZones: 1

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Maintenance Expense: 1800
  • Other Expense: 3159

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Dimensions: 0.0574
  • Lot Size Sq Ft: 2500
  • Lot Size Units: Acres
  • Parcel Number: 04024-0012
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cooking Gas, Electricity

Multi Family

  • Fuel Expense: 9243
  • Units Total: 4
  • Separate Electric Meters: 5
  • Separate Gas Meters: 5
  • NumberOf2Bedrooms: 4

Tax Info

  • Tax Annual Amount: 10182
  • Tax Map Number: 04024-0012
  • IncludedInTaxes: Sewer

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
Dec 15, 2014
Closed on
Nov 25, 2015
Sold by
Garfield Estate Assets Llc
Bought by
Almarante Carlos
Seller's Agent
Robert Seitz
Stetson Real Estate
Buyer's Agent
Kevin Brooks
Kevin Brooks Realty, LLC
List Price
$675,000
Sold Price
$615,000
Premium/Discount to List
-$60,000
-8.89%
Current Estimated Value
$1,146,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$531,498
Avg. Annual Appreciation
6.49%

Purchase Details

Closed on
Sep 29, 2014
Sold by
Coyle Sean J and Mccusker Nicola A
Bought by
Garfield Estate Assets Llc

Purchase Details

Listed on
Aug 1, 2013
Closed on
Dec 23, 2013
Sold by
Seales Lenora and Seales Lenora J
Bought by
Coyle Sean and Mccusker Nicola
Seller's Agent
Walter Sarmiento
RE/MAX Distinguished Hms.&Prop
Buyer's Agent
Robert Seitz
Stetson Real Estate
List Price
$535,000
Sold Price
$500,000
Premium/Discount to List
-$35,000
-6.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.26%
Original Mortgage
$375,000
Interest Rate
4.4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Almarante Carlos $615,000 --
Garfield Estate Assets Llc -- --
Coyle Sean $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coyle Sean $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/25/2015 11/25/15 Sold $615,000 -8.9% $183 / Sq Ft
10/06/2015 10/06/15 Pending -- -- --
12/15/2014 12/15/14 For Sale $675,000 +35.0% $201 / Sq Ft
12/23/2013 12/23/13 Sold $500,000 -6.5% $149 / Sq Ft View Prior Sale
09/12/2013 09/12/13 Pending -- -- --
08/01/2013 08/01/13 For Sale $535,000 -- $159 / 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 $14,519 $133,176 $52,728 $80,448
2024 $14,519 $129,038 $60,431 $68,607
2023 $13,193 $119,497 $67,155 $52,342
2022 $12,184 $232,200 $122,400 $109,800
2021 $0 $237,150 $122,400 $114,750
2020 $11,500 $260,100 $122,400 $137,700
2019 $11,267 $243,540 $122,400 $121,140
2018 $10,826 $91,921 $55,438 $36,483
2017 $10,375 $85,114 $57,022 $28,092
2016 $9,732 $78,811 $58,252 $20,559
2015 $6,596 $78,802 $57,930 $20,872
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2015

    Robert Seitz

    Stetson Real Estate

    Section Image
  • Kevin Brooks

    Buyer's Agent in 2015

    Kevin Brooks

    Kevin Brooks Realty, LLC

    (914) 318-2009

    34 Total Sales

    Kevin Brooks
    Section Image
  • Walter Sarmiento

    Seller's Agent in 2013

    Walter Sarmiento

    RE/MAX

    (718) 679-0511

    1 in this area

    97 Total Sales

    Walter Sarmiento
    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY4445335

OneKey® MLS

APN: 04024-0012

New York Bronx County Bronx 10460 Van Nest

1659 Garfield St, Bronx, NY

This home is located at 1659 Garfield St, Bronx, NY 10460 since 15 December 2014 and is currently estimated at $1,146,498, approximately $341 per square foot. This property was built in 1926. 1659 Garfield St is a home located in Bronx County with nearby schools including P.S. 083 The Donald Hertz School, Children's Aid College Preparatory Charter School, and Bold Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

OneKey® MLS The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Copyright 2025 OneKey® MLS. All rights reserved.

Nearby Homes