NOT LISTED FOR SALE

Estimated Value: $841,916 - $936,000

6 Beds
2 Baths
3,150 Sq Ft
$283/Sq Ft Est. Value

Last Sold August 22, 2018

Last sale price $720,000 $229 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,464/month

119 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Eat-In Kitchen
  • P.S. 169 Baychester Academy Rated A-
  • Skylights
  • 5-minute walk to Haffen Park

About This Home

As of August 2018

8/16/18: UNDER CONTRACT Welcome to 1935 Burke Avenue, a fully renovated brick 2 family legal home. Located on a quiet tree lined block within a short distance to public transportation and great shopping. Upon entering on the ground level, you have a large family room with another room in the back area. Tons of options with one being storage. Access to a private backyard to entertain and BBQ. Going up to the main level, you have a sunny and gorgeous 3 bedroom, 1 bath apartment. Closets in each bedroom. Open kitchen with breakfast bar. Stainless steel kitchen appliances with dishwasher. Separate dining area onto the side with a closet for additional storage. Large living area with great natural sunlight. Brand new bath. On the top level, you have the same 3 bed 1 bath layout with the same renovations. This unit features a skylight in the kitchen area and in the dining area. One car parking is available on property site.

Last Agent to Sell the Property

Gonzalo Sabogal

Keller Williams Rlty. Landmark Brokerage Phone: 347-846-1200 License #40SA1068246 Listed on: 04/19/2018

Keller Williams Rlty. Landmark

Last Buyer's Agent

Dan Chen

Howard Hanna Rand Realty License #10401305614

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,978

Year Built

  • Built in 1970 | Remodeled in 2018

Lot Details

  • Two or More Common Walls
  • Fenced

Parking

  • Private Parking

Home Design

  • Split Level Home
  • Brick Exterior Construction

Interior Spaces

  • 3,150 Sq Ft Home
  • Skylights
  • Storage
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Location

  • Property is near public transit

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heat Pump System
  • Hot Water Heating System
  • Heating System Uses Oil

Listing and Financial Details

  • Tenant pays for electricity, water
  • Assessor Parcel Number 2017112100130

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,978

Year Built

Built in 1970 | Remodeled in 2018

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: See Remarks, Split Level
  • Property SubType: Multi Family
  • Year Built: 1970
  • Year Built Effective: 2018
  • Attribution Contact: 347-846-1200
  • Village: Bronx
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2018

Interior Features

  • Interior Amenities: Eat-in Kitchen, Storage, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Basement: See Remarks
  • Total Bedrooms: 6
  • Living Area: 3150
  • Window Features: Skylight(s)
  • SquareFootage: 3150.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Brick
  • Fencing: Fenced

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Private

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Oil, Heat Pump, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 1

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdditionalFeesYN: 0

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Features: Near Public Transit
  • Parcel Number: 2017112100130
  • Property Attached: Yes

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 1
  • Separate Gas Meters: 1
  • NumberOf1Bedrooms: 0
  • NumberOf2Bedrooms: 0
  • NumberOf3Bedrooms: 2
  • NumberOf4Bedrooms: 0

Tax Info

  • Tax Annual Amount: 5978
  • Tax Map Number: 2017112100130
  • IncludedInTaxes: Sewer,Water

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
Apr 19, 2018
Closed on
Aug 22, 2018
Sold by
1935 Burke Ave Llc
Bought by
Jiang James
Seller's Agent
Gonzalo Sabogal
Keller Williams Rlty. Landmark
Buyer's Agent
Dan Chen
Howard Hanna Rand Realty
List Price
$749,000
Sold Price
$720,000
Premium/Discount to List
-$29,000
-3.87%
Current Estimated Value
$890,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,229
Avg. Annual Appreciation
3.69%
Original Mortgage
$380,000
Outstanding Balance
$332,063
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$596,902

Purchase Details

Closed on
Nov 29, 2017
Sold by
Drusilla H Johnstone Executor and Johnstone Deceased
Bought by
1935 Burke Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 1997
Sold by
Johnstone Ferdinand K and Johnston Vivialyn
Bought by
Johnstone Ferdinand K

Purchase Details

Closed on
Mar 31, 1997
Sold by
Johnstone Rudolph
Bought by
Johnstone Ferdinand K

Purchase Details

Closed on
Mar 27, 1997
Sold by
Johnston Stanley H
Bought by
Johnstone Ferdinand K

Purchase Details

Closed on
Mar 19, 1997
Sold by
Bishop Dorothy
Bought by
Johnstone Ferdinand K
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
Jiang James $720,000 --
Jiang James $720,000 --
1935 Burke Ave Llc $385,000 --
1935 Burke Ave Llc $385,000 --
Johnstone Ferdinand K -- --
Johnstone Ferdinand K -- --
Johnstone Ferdinand K -- Commonwealth Land Title Ins
Johnstone Ferdinand K -- Commonwealth Land Title Ins
Johnstone Ferdinand K $2,000 Commonwealth Land Title Ins
Johnstone Ferdinand K $2,000 Commonwealth Land Title Ins
Johnstone Ferdinand K $2,000 Commonwealth Land Title Ins
Johnstone Ferdinand K $2,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jiang James $380,000
Closed Jiang James $380,000
Previous Owner 1935 Burke Ave Llc $365,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2018 08/22/18 Sold $720,000 -3.9% $229 / Sq Ft
04/19/2018 04/19/18 Pending -- -- --
04/19/2018 04/19/18 For Sale $749,000 -- $238 / 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 $7,462 $37,584 $5,976 $31,608
2024 $7,462 $37,152 $5,791 $31,361
2023 $7,545 $37,152 $6,221 $30,931
2022 $7,025 $46,140 $8,520 $37,620
2021 $6,987 $45,120 $8,520 $36,600
2020 $6,630 $43,200 $8,520 $34,680
2019 $6,477 $36,960 $8,520 $28,440
2018 $6,311 $30,960 $7,315 $23,645
2017 $5,978 $29,325 $8,101 $21,224
2016 $5,531 $27,666 $8,134 $19,532
2015 $3,794 $26,100 $9,480 $16,620
2014 $3,794 $25,800 $9,480 $16,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4816708

OneKey® MLS

APN: 04758-0034