NOT LISTED FOR SALE

1950 Adee Ave Bronx, NY 10469

Baychester Neighborhood

Estimated Value: $991,037 - $1,225,000

-- Bed
-- Bath
3,774 Sq Ft
$285/Sq Ft Est. Value

Last Sold March 15, 2013

Last sale price $542,000 $144 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $6,526/month

78 Days on Market

Highlights

  • Chalet
  • Property is near public transit
  • 4 Car Attached Garage
  • P.S. 169 Baychester Academy Rated A-
  • Formal Dining Room
  • Park

About This Home

As of March 2013

Great updated three family 3/3/1. Each (3) bedroom has a master bathroom, hardwood floors and VERY spacious. Nice size one bedroom with large living room & hardwood floors. Each apartment has separate utilities. Each tenant pays own utilities. Basement is finished with (3) extra rooms and separate entrance. Four car driveway with garage. Back yard Close to transportation, park and schools. GREAT income maker for investor or home buyer!

Last Agent to Sell the Property

Journee Wilson

RE/MAX Distinguished Hms.&Prop Brokerage Phone: 914-346-8255 License #40WI0986023 Listed on: 11/04/2012

RE/MAX Distinguished Hms.&Prop

Last Buyer's Agent

Walter Cooke

Charles Rutenberg Realty, Inc. License #40CO1028262

Charles Rutenberg Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,044

Year Built

  • Built in 1989

Lot Details

  • 3,223

Parking

  • 4 Car Attached Garage
  • Driveway

Home Design

  • Chalet
  • Brick Exterior Construction

Interior Spaces

  • 3,774 Sq Ft Home
  • Formal Dining Room
  • Walk-Out Basement

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

  • No Common Walls
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 04797-0003

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

$6,044

Year Built

Built in 1989

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Chalet
  • Property SubType: Multi Family
  • Year Built: 1989
  • Attribution Contact: 914-346-8255
  • Village: Bronx
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Formal Dining
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Basement: Walk-Out Access
  • Living Area: 3774
  • SquareFootage: 3774.00

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4
  • Garage: Yes
  • Parking Description: Attached, 4+ Car Attached, Driveway

Utilities

  • Heating: Natural Gas, Hot Water
  • Sewer: Sewer
  • Water Source: Public

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: 04797-0003
  • Zoning Description: R4
  • Property Attached: No

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3
  • NumberOf1Bedrooms: 1
  • NumberOf3Bedrooms: 2

Tax Info

  • Tax Annual Amount: 6044
  • Tax Map Number: 04797-0003

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
Nov 4, 2012
Closed on
Mar 15, 2013
Sold by
Perez Carmen and Perez Tiburcio
Bought by
Clarke-Ellison Michelle
Seller's Agent
Journee Wilson
RE/MAX Distinguished Hms.&Prop
Buyer's Agent
Walter Cooke
Charles Rutenberg Realty, Inc.
List Price
$599,000
Sold Price
$542,000
Premium/Discount to List
-$57,000
-9.52%
Current Estimated Value
$1,032,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$490,412
Avg. Annual Appreciation
5.86%
Original Mortgage
$532,183
Outstanding Balance
$379,742
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$718,757

Purchase Details

Closed on
Oct 2, 2007
Sold by
Perez Angel and Perez Carmen
Bought by
Perez Carmen and Perez Tiburcio

Purchase Details

Closed on
Jan 17, 2007
Sold by
Perez Carmen and Perez Tiburcio
Bought by
Perez Angel and Perez Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 2000
Sold by
Perez Jose A
Bought by
Perez Tiburcio and Perez Carmen

Purchase Details

Closed on
Nov 17, 1997
Sold by
Perez Edwin H
Bought by
Perez Jose A and Perez Tiburcio
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
Clarke-Ellison Michelle $542,000 --
Clarke-Ellison Michelle $542,000 --
Perez Carmen -- --
Perez Carmen -- --
Perez Angel -- --
Perez Angel -- --
Perez Tiburcio $20,000 --
Perez Tiburcio -- --
Perez Jose A -- Commonwealth Land Title Ins
Perez Jose A -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clarke-Ellison Michelle $137,976
Open Clarke-Ellison Michelle $532,183
Closed Clarke-Ellison Michelle $532,183
Previous Owner Perez Carmen $1,781
Previous Owner Perez Angel $400,000
Previous Owner Perez Jose A $98,827
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2013 03/15/13 Sold $542,000 -9.5% $144 / Sq Ft
01/22/2013 01/22/13 Pending -- -- --
11/04/2012 11/04/12 For Sale $599,000 -- $159 / 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 $9,886 $49,594 $8,594 $41,000
2024 $9,886 $49,220 $8,702 $40,518
2023 $9,430 $46,435 $8,681 $37,754
2022 $8,745 $57,120 $11,520 $45,600
2021 $8,697 $46,380 $11,520 $34,860
2020 $8,748 $48,420 $11,520 $36,900
2019 $8,580 $45,120 $11,520 $33,600
2018 $7,888 $38,696 $9,083 $29,613
2017 $7,442 $36,506 $10,129 $26,377
2016 $6,885 $34,440 $11,520 $22,920
2015 $4,805 $37,320 $12,780 $24,540
2014 $4,805 $37,320 $12,780 $24,540
Source: Public Records

Agents Affiliated with this Home

  • Journee Wilson

    Seller's Agent in 2013

    Journee Wilson

    RE/MAX

    (914) 246-1018

    1 in this area

    21 Total Sales

    Section Image

  • W

    Buyer's Agent in 2013

    Walter Cooke

    Charles Rutenberg Realty, Inc.

    (646) 458-1852

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Map

Source: OneKey® MLS

MLS Number: KEYH3232030

OneKey® MLS

APN: 04797-0003

New York Bronx County Bronx 10469 Baychester

1950 Adee Ave, Bronx, NY

This home is located at 1950 Adee Ave, Bronx, NY 10469 since 04 November 2012 and is currently estimated at $1,075,509, approximately $284 per square foot. This property was built in 1989. 1950 Adee Ave is a home located in Bronx County with nearby schools including P.S. 169 Baychester Academy, J.H.S. 144 Michelangelo, and Harry S. Truman High School.

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