NOT LISTED FOR SALE

1941 Washington Ave Bronx, NY 10457

East Tremont Neighborhood

Estimated Value: $874,000 - $980,000

6 Beds
4 Baths
3,204 Sq Ft
$287/Sq Ft Est. Value

Last Sold July 23, 2018

Last sale price $520,000 $162 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $5,444/month

39 Days on Market

Highlights

  • Water Access
  • 2-minute walk to Tremont Station
  • Baseboard Heating
  • 0.07 Acre Lot
  • Window Unit Cooling System

About This Home

As of July 2018

Bronx/Tremont area. Walking distance to Metro North Station. Spacious 2 family house with over 3200 sq ft of living space includes basement that has high ceilings and a private 2 car off street gated parking space. Each unit has 3BR with 1 1/2 baths and a finished lower level with a full bathroom that could be used as an in-law set up that goes out to a large backyard with a shed. Centrally located and close to major highways, hospitals, public schools, short walk to train station, shopping and walking distance to Arthur Ave. This sprawling multi-family house is in a safe neighborhood, has excellent income potential and is ready for a new family. This property won't last long so bring a paintbrush and your imagination and come check out this diamond in the rough for yourself and bring all offers. Owners are very motivated to sell.

Last Agent to Sell the Property

Jennie Leung

NY Champions Realty Group Brokerage Phone: 718-362-0500 License #10311203869 Listed on: 01/25/2018

Last Buyer's Agent

Elvis Gonzalez

Fave Realty Inc. License #10401287727

Fave Realty Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,108

Year Built

  • Built in 1995

Lot Details

  • 3,115 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • 3,204 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • 2 Parking Spaces
  • Driveway

Outdoor Features

  • Water Access

Utilities

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

Additional Features

  • Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 03034-0137

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,108

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1995
  • Attribution Contact: 718-362-0500
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement: Finished
  • Total Bedrooms: 6
  • Living Area: 3204
  • SquareFootage: 3204.00
  • SquareFootageSource: Municipality

Exterior Features

  • Waterfront Features: Water Access

Garage/Parking

  • Total Parking Spaces: 2
  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Dimensions: 0.0715
  • Lot Size Sq Ft: 3115
  • Lot Size Units: Acres
  • Parcel Number: 03034-0137
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 5108
  • Tax Map Number: 03034-0137
  • IncludedInTaxes: Sewer,Trash

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
Jan 25, 2018
Closed on
Jul 23, 2018
Sold by
Estate Of William Santiago
Bought by
Bonilla Pineda Scheila Yamile and Colome Carrasco Luis A
Seller's Agent
Jennie Leung
NY Champions Realty Group
Buyer's Agent
Elvis Gonzalez
Fave Realty Inc.
List Price
$550,000
Sold Price
$520,000
Premium/Discount to List
-$30,000
-5.45%
Current Estimated Value
$918,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$398,865
Avg. Annual Appreciation
7.94%
Original Mortgage
$510,581
Outstanding Balance
$446,171
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$451,679

Purchase Details

Closed on
Mar 11, 1997
Sold by
Nyc Partnership Housing Development Fund
Bought by
Santiago William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,300
Interest Rate
8.12%
Source: Public Records

Range of Values:

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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
Bonilla Pineda Scheila Yamile $520,000 --
Santiago William $231,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bonilla Pineda Scheila Yamile $510,581
Previous Owner Santiago William $155,300
Closed Santiago William $40,619
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2018 07/23/18 Sold $520,000 -5.5% $162 / Sq Ft
01/25/2018 01/25/18 Pending -- -- --
01/25/2018 01/25/18 For Sale $550,000 -- $172 / 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 $6,577 $34,710 $5,750 $28,960
2024 $6,577 $32,746 $5,095 $27,651
2023 $6,650 $32,746 $5,720 $27,026
2022 $6,488 $39,840 $8,280 $31,560
2021 $6,452 $41,580 $8,280 $33,300
2020 $6,123 $39,840 $8,280 $31,560
2019 $5,708 $38,700 $8,280 $30,420
2018 $5,563 $27,288 $8,169 $19,119
2017 $5,521 $27,083 $7,025 $20,058
2016 $4,762 $25,550 $8,238 $17,312
2015 $2,227 $24,104 $8,844 $15,260
2014 $2,227 $22,740 $8,721 $14,019
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jennie Leung

    NY Champions Realty Group

    (718) 362-0500

    50 Total Sales

    Jennie Leung
    Section Image
  • Elvis Gonzalez

    Buyer's Agent in 2018

    Elvis Gonzalez

    Fave Realty Inc.

    (347) 961-1817

    1 in this area

    64 Total Sales

    Elvis Gonzalez
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY4803155

OneKey® MLS

APN: 03034-0137

New York Bronx County Bronx 10457 East Tremont

1941 Washington Ave, Bronx, NY

This home is located at 1941 Washington Ave, Bronx, NY 10457 since 25 January 2018 and is currently estimated at $918,865, approximately $286 per square foot. This property was built in 1995. 1941 Washington Ave is a home located in Bronx County with nearby schools including P.S. 58, I.S 313 School Of Leadership Development, and Is 339.

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