NOT LISTED FOR SALE

1716 Adams St Bronx, NY 10460

Van Nest Neighborhood

Estimated Value: $1,003,000 - $1,216,000

8 Beds
3 Baths
3,591 Sq Ft
$315/Sq Ft Est. Value

Last Sold July 18, 2020

Last sale price $900,000 $251 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $6,624/month

Highlights

  • 0.05 Acre Lot
  • 3-minute walk to East 180 Street
  • Formal Dining Room
  • Property is near public transit
  • Wood Flooring
  • 9 Car Detached Garage

About This Home

As of July 2020

Great Investment opportunity, 3/3/2 bedrooms with 6 cars garage and 9 vehicle parking, there is 2 tax lot 1716 and 1712 and 1 deed. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:4+ Car Detached,

Last Agent to Sell the Property

Nareema Baksh

Nareema Baksh Real Estate License #31BA0975433 Listed on: 03/18/2020

Last Buyer's Agent

Nareema Baksh

Nareema Baksh Real Estate License #31BA0975433 Listed on: 03/18/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,598

Year Built

  • Built in 1920

Lot Details

  • 2,374 Sq Ft Lot
  • Stone Wall

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • Formal Dining Room
  • Wood Flooring
  • Finished Basement
  • Walk-Out Basement
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Parking

  • 9 Car Detached Garage
  • Public Parking
  • Driveway

Location

  • Property is near public transit
  • Property is near schools
  • Property is near shops

Schools

  • Contact Agent Elementary And Middle School
  • Contact Agent High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Heating System Uses Oil
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 04016-0041

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,598

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Triplex
  • Year Built: 1920
  • ResoBuildingAreaSource: PublicRecords
  • CurrentPrice: 900000.00
  • ListPrice_By_OriginalListPrice: 1.00000
  • ListPrice_By_LotSizeAcres: 16055045.8716
  • CurrentPrice_By_BuildingAreaTotal: 250.62657
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Water Heater
  • Interior Amenities: Eat-in Kitchen, Formal Dining
  • Flooring: Hardwood
  • Full Bathrooms: 3
  • Basement: Finished, Walk-Out Access
  • Total Bedrooms: 8
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Brick
  • Fencing: Fenced
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 9
  • Parking Description: Detached, Driveway, Garage, Public Parking

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Baseboard, Oil
  • Sewer: Other
  • Utilities: Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Park
  • Senior Community: No
  • Association: No

Association/Amenities

  • Community Features: Park

Schools

  • Middle School: Contact Agent

Lot Info

  • Lot Size Acres: 0.0545
  • Lot Size Sq Ft: 2374
  • Lot Features: Near Public Transit, Near School, Near Shops, Stone/Brick Wall
  • Parcel Number: 04016-0041
  • Property Attached: No

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 4
  • Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 9598
  • Tax Year: 2019

MLS Schools

  • Elementary School: Contact Agent
  • High School: Contact Agent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2021
Sold by
1716 Adams Llc
Bought by
1716 Adams Llc
Current Estimated Value
$1,132,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,411
Outstanding Balance
$4,910
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,127,757

Purchase Details

Listed on
Mar 18, 2020
Closed on
Jul 17, 2020
Sold by
Pariag Krishnanand
Bought by
1716 Adams Llc
Seller's Agent
Nareema Baksh
Nareema Baksh Real Estate
Buyer's Agent
Nareema Baksh
Nareema Baksh Real Estate
List Price
$875,000
Sold Price
$900,000
Premium/Discount to List
$25,000
2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.39%
Original Mortgage
$489,000
Interest Rate
3%
Mortgage Type
New Conventional
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
1716 Adams Llc -- --
1716 Adams Llc $900,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1716 Adams Llc $5,411
Previous Owner 1716 Adams Llc $489,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2024 12/11/24 Off Market $900,000 -- --
07/18/2020 07/18/20 Sold $900,000 +2.9% $251 / Sq Ft
03/18/2020 03/18/20 Pending -- -- --
03/18/2020 03/18/20 For Sale $875,000 -- $244 / 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 $7,861 $41,299 $6,234 $35,065
2024 $7,861 $39,139 $5,355 $33,784
2023 $7,499 $36,924 $5,826 $31,098
2022 $6,954 $48,780 $8,160 $40,620
2021 $7,243 $45,060 $8,160 $36,900
2020 $7,285 $49,800 $8,160 $41,640
2019 $6,823 $43,620 $8,160 $35,460
2018 $6,272 $30,770 $7,081 $23,689
2017 $5,918 $29,030 $7,944 $21,086
2016 $5,733 $28,680 $8,160 $20,520
2015 $3,303 $28,680 $9,060 $19,620
2014 $3,303 $27,180 $8,883 $18,297
Source: Public Records

Agents Affiliated with this Home

  • Nareema Baksh

    Seller's Agent in 2020

    Nareema Baksh

    Nareema Baksh Real Estate

    (914) 548-5744

    40 Total Sales

    Nareema Baksh
    Section Image
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Map

Source: OneKey® MLS

MLS Number: H6027208

OneKey® MLS

APN: 04016-0041

New York Bronx County Bronx 10460 Van Nest

1716 Adams St, Bronx, NY

Not Listed for Sale

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