NOT LISTED FOR SALE

Estimated Value: $631,000 - $771,000

3 Beds
2 Baths
1,320 Sq Ft
$525/Sq Ft Est. Value

Last Sold February 20, 2019

Last sale price $486,500 $369 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,192/month

79 Days on Market

About This Home

As of February 2019

Charming two family property for sale in the Westchester Village area of the north east Bronx. This investment gem offers you the option to add a variety of interior updates in order to replace its current layout with the layout and décor of your choice. It also gives you the option to enhance the property's current residential square footage by utilizing all or some of its unused 2,583 square feet of air rights creating more residential space enhancing its outdoor and indoor layouts. Currently, the property is offering a full basement, a one bedroom apartment and a two bedroom apartment. The basement stores the property's utilities, a full bathroom, two oil tanks of 275 gallons each and its own private entrance. The main floor offers a one bedroom apartment with its own private entrance. The second floor offers a two bedroom unit with its own private entrance as well. The property does not come with a back yard but it holds a medium size deck on the side of the house. A private driveway leading to its indoor garage is also available for your convenience. Close to shops, restaurants, schools, houses of worship, public transportation and more.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,509

Year Built

  • Built in 1920

Lot Details

  • 1,742

Parking

  • Garage

Home Design

  • Pre War Building

Interior Spaces

  • 1,320 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Community Details

  • 2 Units
  • Zerega Subdivision

Listing and Financial Details

  • Tax Block 4001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,509

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Cross Street: East Tremont Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: ZEREGA
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Living Area: 1320.0
  • Living Area Units: Square Feet
  • Rooms (Total): 7

Beds/Baths

  • Bathrooms Integer: 2
  • Bedrooms: 3

Garage/Parking

  • Garage: Yes

Utilities

  • Heating: Building Oil

Building Info

  • Units: 2
  • Total Stories: 3
  • Year Built: 1920

Tax Info

  • Tax Block: 4001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2019
Sold by
1031 Funding & Reverse Corp
Bought by
Auld Joseph
Current Estimated Value
$681,723

Purchase Details

Listed on
Aug 31, 2018
Closed on
Feb 20, 2019
Sold by
Estate Of Ulderico Dimeglio
Bought by
1031 Funding & Reverse Corp
List Price
$519,000
Sold Price
$486,500
Premium/Discount to List
-$32,500
-6.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.58%
Source: Public Records

Range of Values:

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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
Auld Joseph -- --
1031 Funding & Reverse Corp $486,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2019 02/20/19 Sold $486,500 -6.3% $369 / Sq Ft
11/20/2018 11/20/18 Pending -- -- --
09/01/2018 09/01/18 For Sale $519,000 -- $393 / 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 $5,509 $27,734 $6,187 $21,547
2024 $5,509 $27,427 $6,129 $21,298
2023 $5,256 $25,878 $5,810 $20,068
2022 $5,007 $35,520 $8,460 $27,060
2021 $5,015 $30,660 $8,460 $22,200
2020 $4,892 $28,140 $8,460 $19,680
2019 $4,781 $28,140 $8,460 $19,680
2018 $3,737 $21,565 $6,348 $15,217
2017 $3,615 $20,901 $7,965 $12,936
2016 $3,349 $19,860 $8,460 $11,400
2015 $1,939 $19,260 $9,420 $9,840
2014 $1,939 $19,047 $8,618 $10,429
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10415398

Real Estate Board of New York (REBNY)

APN: 04001-0029