NOT LISTED FOR SALE

1949 Hobart Ave Bronx, NY 10461

Middletown-Pelham Bay Neighborhood

Estimated Value: $701,722 - $828,000

-- Bed
-- Bath
1,372 Sq Ft
$562/Sq Ft Est. Value

Last Sold March 09, 2023

Last sale price $725,000 $528 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,609/month

52 Days on Market

About This Home

As of March 2023

This is a must-see beautiful brick two-family home (three bedrooms over studio). It's located in the Pelham Bay section of the Bronx. Close to park, bus bx8, bx24, bx5, q50, #6 train Pelham bay station, schools, supermarket, restaurants, etc. It has a spacious living room, a dining room separate from the kitchen, and a full bath on the first floor. Three bedrooms and a full bath on the second floor. Access to the small deck with stairs to the backyard from the kitchen. Beautiful patio with pond and garden. Hardwood floors throughout. Bathrooms are renovated and new windows are throughout the house. 5 mini split 9,000 btu system. Finished basement with two separate entrances.

Last Agent to Sell the Property

Benny Kuka

Apex Realty License #10491203121 Listed on: 10/14/2022

Last Buyer's Agent

Rofi Ahmed

YourHomeSold Guaranteed Realty License #10401227423

YourHomeSold Guaranteed Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,059

Year Built

  • Built in 1935

Lot Details

  • 2,374 Sq Ft Lot
  • No Common Walls

Parking

  • Driveway

Home Design

  • 1,372 Sq Ft Home

Utilities

  • Ductless Heating Or Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 04234-0041

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,059

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1935
  • Attribution Contact: 718-684-4442
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Living Area: 1372.00
  • Square Footage: 1372.00

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway

Utilities

  • Cooling: Ductless
  • Cooling: Yes
  • Garbage Removal: Public
  • Heating: Natural Gas, Hot Water
  • Hot Water: Gas Stand Alone
  • Sewer: Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: 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: 0.0500
  • Lot Size Area: 0.0500
  • Lot Size Sq Ft: 2374.00
  • Lot Size Units: Acres
  • Parcel Number: 04234-0041
  • Property Attached: No

Tax Info

  • Close Date: 2023-03-09
  • Tax Annual Amount: 5059.00
  • Tax Map Number: 04234-0041

Multi Family

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

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
Oct 14, 2022
Closed on
Mar 9, 2023
Sold by
Phann Vann So and Yeav Eng Chan
Bought by
Islam Adnan A and Islam Anika Nusrat
Seller's Agent
Benny Kuka
Apex Realty
Buyer's Agent
Rofi Ahmed
YourHomeSold Guaranteed Realty
List Price
$799,000
Sold Price
$725,000
Premium/Discount to List
-$74,000
-9.26%
Views
65
Current Estimated Value
$751,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,041
Avg. Annual Appreciation
1.99%
Original Mortgage
$711,868
Outstanding Balance
$693,212
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$67,041

Purchase Details

Listed on
Jan 15, 2013
Closed on
Aug 16, 2013
Sold by
Efstathiou Athanasios and Efstathiou Helen
Bought by
Phann Van So and Yeav Eng C
Seller's Agent
Jorge Escoto
Coldwell Banker Realty
Buyer's Agent
Benny Kuka
Apex Realty
List Price
$476,000
Sold Price
$410,000
Premium/Discount to List
-$66,000
-13.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.14%
Original Mortgage
$328,000
Interest Rate
4.52%
Mortgage Type
Commercial
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
Islam Adnan A $725,000 --
Phann Van So $410,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Islam Adnan A $204,988
Open Islam Adnan A $711,868
Previous Owner Phann Van So $305,000
Previous Owner Phann Van So $328,000
Previous Owner Efstathiou Athanasios $117,639
Previous Owner Efstathiou Helen $50,000
Previous Owner Efstathiou Helen $137,000
Previous Owner Efstathiou Helen $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2023 03/09/23 Sold $725,000 -9.3% $528 / Sq Ft
12/05/2022 12/05/22 Pending -- -- --
10/14/2022 10/14/22 For Sale $799,000 +94.9% $582 / Sq Ft
08/16/2013 08/16/13 Sold $410,000 -13.9% $299 / Sq Ft
07/21/2013 07/21/13 Pending -- -- --
01/15/2013 01/15/13 For Sale $476,000 -- $347 / 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 $5,960 $31,452 $6,537 $24,915
2024 $5,960 $29,672 $6,818 $22,854
2023 $5,685 $27,994 $7,443 $20,551
2022 $5,060 $35,460 $9,540 $25,920
2021 $5,334 $32,820 $9,540 $23,280
2020 $5,252 $35,100 $9,540 $25,560
2019 $4,880 $29,640 $9,540 $20,100
2018 $4,458 $23,328 $8,134 $15,194
2017 $4,250 $22,320 $7,378 $14,942
2016 $4,152 $22,320 $8,066 $14,254
2015 $2,320 $21,842 $9,171 $12,671
2014 $2,320 $20,606 $9,661 $10,945
Source: Public Records

Agents Affiliated with this Home

  • Benny Kuka

    Seller's Agent in 2023

    Benny Kuka

    Apex Realty

    (718) 684-4442

    1 in this area

    11 Total Sales

    Section Image

  • R

    Buyer's Agent in 2023

    Rofi Ahmed

    YourHomeSold Guaranteed Realty

    (347) 961-4153

    1 in this area

    36 Total Sales

    Section Image

  • J

    Seller's Agent in 2013

    Jorge Escoto

    Coldwell Banker Realty

    (914) 588-5091

    3 Total Sales

    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY6215871

OneKey® MLS

APN: 04234-0041

New York Bronx County Bronx 10461 Middletown-Pelham Bay

1949 Hobart Ave, Bronx, NY

This home is located at 1949 Hobart Ave, Bronx, NY 10461 since 14 October 2022 and is currently estimated at $771,181, approximately $562 per square foot. This property was built in 1935. 1949 Hobart Ave is a home located in Bronx County with nearby schools including P.S. 71 Rose E Scala, Herbert H Lehman High School, and Icahn Charter School 3.

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