NOT LISTED FOR SALE

1738 Mahan Ave Bronx, NY 10461

Middletown-Pelham Bay Neighborhood

Estimated Value: $1,056,000 - $1,288,000

5 Beds
3 Baths
3,626 Sq Ft
$311/Sq Ft Est. Value

Last Sold November 19, 2021

Last sale price $999,000 $276 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $6,814/month

12 Days on Market

Highlights

  • Colonial Architecture
  • 4-minute walk to Buhre Avenue
  • 2 Car Attached Garage
  • Property is near public transit
  • Main Floor Primary Bedroom
  • Eat-In Kitchen

About This Home

As of November 2021

INCOME PRODUCER- LEGAL THREE FAMILY home in mint condition located in prime PELHAM BAY area. Just steps away from all forms of transportation,major highways, shopping and schools this is ideal for an Investor or end user. All apartments are very spacious and excellent condition. Custom kitchens and bathrooms, hardwood floors throughout, freshly painted and ready to go. Unit 1 consists of: 2 spacious bedrooms, 1 bathroom, kitchen with breakfast bar, formal dining room, living room and sunporch. Unit 2: 3 bedrooms and same layout as Unit 1. Unit 3: large open plan studio. 2 garages and 2 parking spots. Upgrades: new roof, new pointing to front and back of the building, new concrete work to sidewalk and front patio. Call your agent and schedule today.

Last Agent to Sell the Property

Maura Finnegan

BronxChester Realty License #10311204863 Listed on: 06/05/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,967

Year Built

  • Built in 1920 | Remodeled in 2014

Lot Details

  • 2,500 Sq Ft Lot
  • Property fronts an easement
  • Two or More Common Walls
  • Sloped Lot

Parking

  • 2 Car Attached Garage

Home Design

  • 3,626 Sq Ft Home
  • Colonial Architecture
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Eat-In Kitchen
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Assessor Parcel Number 04177-0048

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,967

Year Built

Built in 1920 | Remodeled in 2014

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1920
  • Year Built Effective: 2014
  • Attribution Contact: 646-244-2598
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2014

Interior Features

  • Interior Amenities: Master Downstairs, 1st Floor Bedrm, Eat-in Kitchen
  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: None
  • Total Bedrooms: 5
  • Living Area: 3626.00
  • Square Footage: 3626.00

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Total Parking Spaces: 2.00
  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Description: Attached, 2 Car Attached

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Hot Water: Gas Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Additional Fee: 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: 0.0600
  • Lot Size Area: 0.0600
  • Lot Size Sq Ft: 2500.00
  • Lot Size Units: Acres
  • Lot Features: Easement, Sloped, Near Public Transit
  • Parcel Number: 04177-0048
  • Property Attached: Yes

Rental Info

  • Tenant Pays: Cooking Gas, Electricity

Tax Info

  • Close Date: 2021-11-19
  • Included in Taxes: Trash
  • Tax Annual Amount: 7967.00
  • Tax Map Number: 04177-0048

Multi Family

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

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
Jun 5, 2021
Closed on
Nov 19, 2021
Sold by
Hibernian Homes Inc
Bought by
Chen Yu Hua and Lin Zhong
Seller's Agent
Maura Finnegan
BronxChester Realty
List Price
$1,188,888
Sold Price
$999,000
Premium/Discount to List
-$189,888
-15.97%
Current Estimated Value
$1,126,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,370
Avg. Annual Appreciation
3.37%
Original Mortgage
$599,000
Outstanding Balance
$553,400
Interest Rate
2.98%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$578,547

Purchase Details

Closed on
Oct 21, 2013
Sold by
King Joseph
Bought by
Hibernian Homes Inc

Purchase Details

Closed on
Sep 28, 2004
Sold by
Scaffidi Connie
Bought by
Sciacca Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 28, 1998
Sold by
Contento Albert J and Contento Annette
Bought by
Scaffidi Joseph and Scaffidi Connie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.68%

Purchase Details

Closed on
May 13, 1996
Sold by
Negrinelli Josephine
Bought by
Contento Albert J and Contento Annette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.97%
Source: Public Records

Range of Values:

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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
Chen Yu Hua $999,000 --
Hibernian Homes Inc $570,000 --
Sciacca Joseph $415,000 --
Scaffidi Joseph $250,000 The Judicial Title Ins Agenc
Contento Albert J $180,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Yu Hua $599,000
Previous Owner Sciacca Joseph A $220,000
Previous Owner Sciacca Joseph $332,000
Previous Owner Sciacca Joseph $78,000
Previous Owner Scaffidi Joseph $225,000
Previous Owner Contento Albert J $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2021 11/19/21 Sold $999,000 -16.0% $276 / Sq Ft
06/17/2021 06/17/21 Pending -- -- --
06/05/2021 06/05/21 For Sale $1,188,888 -- $328 / 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 $8,121 $42,860 $5,599 $37,261
2024 $8,121 $40,435 $4,786 $35,649
2023 $8,212 $40,435 $5,526 $34,909
2022 $7,630 $63,420 $8,700 $54,720
2021 $7,967 $56,100 $8,700 $47,400
2020 $7,560 $49,680 $8,700 $40,980
2019 $7,049 $41,340 $8,700 $32,640
2018 $6,869 $33,696 $7,102 $26,594
2017 $6,492 $31,849 $7,342 $24,507
2016 $6,307 $31,549 $7,793 $23,756
2015 $3,404 $29,764 $8,527 $21,237
2014 $3,404 $28,080 $9,660 $18,420
Source: Public Records

Agents Affiliated with this Home

  • Maura Finnegan

    Seller's Agent in 2021

    Maura Finnegan

    BronxChester Realty

    (646) 244-2598

    3 in this area

    18 Total Sales

    Maura Finnegan
    Section Image
  • Nicholas Weinstein

    Buyer Co-Listing Agent in 2021

    Nicholas Weinstein

    BronxChester Realty

    (646) 244-2598

    1 in this area

    24 Total Sales

    Nicholas Weinstein
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY6121084

OneKey® MLS

APN: 04177-0048

New York Bronx County Bronx 10461 Middletown-Pelham Bay

1738 Mahan Ave, Bronx, NY

This home is located at 1738 Mahan Ave, Bronx, NY 10461 since 05 June 2021 and is currently estimated at $1,126,370, approximately $310 per square foot. This property was built in 1920. 1738 Mahan Ave is a home located in Bronx County with nearby schools including P.S. 71 Rose E Scala, Herbert H Lehman High School, and St. Theresa School.

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