NOT LISTED FOR SALE

Estimated Value: $967,000 - $1,023,000

5 Beds
2 Baths
2,345 Sq Ft
$422/Sq Ft Est. Value

Last Sold July 28, 2014

Last sale price $530,000 $226 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $5,833/month

13 Days on Market

Highlights

  • 0.12 Acre Lot
  • 4-minute walk to St Lawrence Avenue
  • Heating System Uses Steam
  • 4 Car Detached Garage
  • Window Unit Cooling System

About This Home

As of July 2014

Why rent went you can own this two family home for as little as $1,100 a month and the rent roll covers the rest. This home features a 3 bedroom unit over a 2 bedroom unit. The home also has a full 1,100 Sqft finished basement that was once a 2 bedroom apartment with full bath. Kitchen hook ups are still in place. Also featured is a 4 car detached garage as well as a 6 car parking area. Parking spaces are being rented for $100.00 per month and can be more. This home is in great condition and is located close to shopping, transportation and schools.

Last Agent to Sell the Property

Michael Greco

Richard Greco Real Estate Brokerage Phone: 718-518-8588 License #10401261427 Listed on: 04/30/2014

Last Buyer's Agent

Jose Velez

Keller Williams Realty NYC Grp License #40VE1057481

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,123

Year Built

  • Built in 1910 | Remodeled in 2000

Lot Details

  • 5,297 Sq Ft Lot
  • No Common Walls

Parking

  • 4 Car Detached Garage
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • 2,345 Sq Ft Home
  • 2-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 03881-0005

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,123

Year Built

Built in 1910 | Remodeled in 2000

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Year Built: 1910
  • Year Built Effective: 2000
  • Attribution Contact: 718-518-8588
  • Subdivision Name: Parkchester
  • Village: Bronx
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2000

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Finished, Full
  • Total Bedrooms: 5
  • Living Area: 2345
  • SquareFootage: 2345.00
  • SquareFootageSource: Other

Exterior Features

  • Construction Materials: Brick, Stucco

Garage/Parking

  • Total Parking Spaces: 6
  • Attached Garage: No
  • Garage Spaces: 4
  • Garage: Yes
  • Parking Description: Detached, 4+ Car Detached, Off Street

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • DevelopmentName: Parkchester

Fee Information

  • AdditionalFeesYN: 0

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Dimensions: 0.1216
  • Lot Size Sq Ft: 5297
  • Lot Size Units: Acres
  • Parcel Number: 03881-0005
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf2Bedrooms: 1
  • NumberOf3Bedrooms: 1

Tax Info

  • Tax Annual Amount: 5123
  • Tax Map Number: 03881-0005

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: Call Listing Agent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2014
Closed on
Jul 28, 2014
Sold by
Velez Angel
Bought by
Nandalall Irwin and Nandalall Winifred
Seller's Agent
Michael Greco
Richard Greco Real Estate
Buyer's Agent
Jose Velez
Keller Williams Realty NYC Grp
List Price
$530,000
Sold Price
$530,000
Current Estimated Value
$990,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$460,323
Avg. Annual Appreciation
5.21%
Original Mortgage
$475,000
Outstanding Balance
$365,736
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$569,283

Purchase Details

Closed on
Mar 3, 2001
Sold by
Velez Angel E
Bought by
Velez Angel E and Velez Angel
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
Nandalall Irwin $530,000 --
Nandalall Irwin $530,000 --
Velez Angel E -- Commonwealth Land Title Ins
Velez Angel E -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nandalall Irwin $475,000
Closed Nandalall Irwin $475,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2014 07/28/14 Sold $530,000 0.0% $226 / Sq Ft
05/14/2014 05/14/14 Pending -- -- --
04/30/2014 04/30/14 For Sale $530,000 -- $226 / 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 $7,236 $38,190 $6,992 $31,198
2024 $7,236 $36,029 $7,860 $28,169
2023 $7,317 $36,029 $7,817 $28,212
2022 $7,138 $50,040 $11,820 $38,220
2021 $7,099 $50,580 $11,820 $38,760
2020 $6,736 $48,540 $11,820 $36,720
2019 $6,281 $41,280 $11,820 $29,460
2018 $6,120 $30,024 $9,633 $20,391
2017 $6,074 $29,798 $9,849 $19,949
2016 $5,620 $28,112 $10,143 $17,969
2014 $3,869 $25,020 $9,840 $15,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4410782

OneKey® MLS

APN: 03881-0005