NOT LISTED FOR SALE

1731 Barnes Ave Bronx, NY 10462

Van Nest Neighborhood

Estimated Value: $704,873 - $972,000

6 Beds
2 Baths
2,045 Sq Ft
$404/Sq Ft Est. Value

Last Sold April 13, 2021

Last sale price $699,000 $342 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,852/month

About This Home

As of April 2021

Located in the Van Nest area of the east Bronx, this two family property offers great passive income potential. Built in 1925, with a total of 1,622 square feet of residential space, this property offers two separate units that hold three bedrooms and one bathroom each, a full basement with its own full bathroom and separate entrances, a share driveway which leads to a sizable back yard and much more. Conveniently close to shops, restaurants, schools, houses of worship, public transportation. The Van Nest area is historically one of the oldest neighborhoods in the east Bronx in which Morris Park Avenue and White Plains Road are amongst its primary commercial thoroughfares.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 2,178

Home Design

  • Pre War Building

Interior Spaces

  • 2-Story Property

Community Details

  • 2 Units
  • Vannest Subdivision

Listing and Financial Details

  • Legal Lot and Block 12 / 4036

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Cross Street: morris park avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: VANNEST
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Garage/Parking

  • Garage: No

Utilities

  • Heating: Building Natural Gas

Building Info

  • Units: 2
  • Total Stories: 2
  • Year Built: 1925

Tax Info

  • Tax Block: 4036
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2020
Closed on
Apr 13, 2021
Sold by
Dela Cruz Jeffrey and Locurto Janet
Bought by
Ventura Sanchez Matilde and Ventura Estefany
Sold Price
$699,000
Current Estimated Value
$825,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,718
Avg. Annual Appreciation
3.59%
Original Mortgage
$667,683
Outstanding Balance
$603,319
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$222,399

Purchase Details

Listed on
Mar 22, 2017
Closed on
Jun 16, 2017
Sold by
Saura Elvino and The Estate Of Elena Saura
Bought by
Lacruz Jeffrey D and Locurto Janet
Seller's Agent
Michele Silverman Bedell
Silversons Realty, LLC
Buyer's Agent
William Beltran
Douglas Elliman Real Estate
List Price
$540,000
Sold Price
$530,000
Premium/Discount to List
-$10,000
-1.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.49%
Original Mortgage
$495,761
Interest Rate
4.02%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 9, 1999
Sold by
Saura Vittorio and Saura Elena
Bought by
Saura Elena
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
Ventura Sanchez Matilde $680,000 --
Ventura Sanchez Matilde $680,000 --
Lacruz Jeffrey D $530,000 --
Lacruz Jeffrey D $530,000 --
Saura Elena -- --
Saura Elena -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ventura Sanchez Matilde $667,683
Closed Ventura Sanchez Matilde $667,683
Previous Owner Lacruz Jeffrey D $495,761
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/13/2021 04/13/21 Sold $699,000 0.0% $342 / Sq Ft
03/21/2021 03/21/21 Off Market $699,000 -- --
12/25/2020 12/25/20 For Sale -- -- --
10/02/2020 10/02/20 For Sale $719,000 +35.7% $352 / Sq Ft
01/05/2020 01/05/20 Pending -- -- --
06/16/2017 06/16/17 Sold $530,000 -1.9% $286 / Sq Ft View Prior Sale
03/21/2017 03/21/17 Pending -- -- --
03/21/2017 03/21/17 For Sale $540,000 -- $292 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $6,466 $33,782 $7,818 $25,964
2024 $6,466 $32,195 $8,292 $23,903
2023 $6,168 $30,373 $6,872 $23,501
2022 $6,000 $41,820 $9,720 $32,100
2021 $6,280 $42,540 $9,720 $32,820
2020 $5,959 $36,780 $9,720 $27,060
2019 $5,612 $34,620 $9,720 $24,900
2017 $4,140 $25,048 $8,419 $16,629
2016 $4,034 $24,867 $9,053 $15,814
2015 $2,256 $23,460 $10,800 $12,660
2014 $2,256 $22,358 $9,425 $12,933
Source: Public Records

Agents Affiliated with this Home

  • William Beltran

    Buyer's Agent in 2017

    William Beltran

    Douglas Elliman Real Estate

    (646) 238-6261

    1 in this area

    20 Total Sales

    William Beltran
    Section Image

  • S

    Buyer's Agent in 2017

    Stephane Menos

    Century 21 Big M Realty

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10672688

Real Estate Board of New York (REBNY)

APN: 04036-0012

New York Bronx County Bronx 10462 Van Nest

1731 Barnes Ave, Bronx, NY

Not Listed for Sale

MultiFamily

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