NOT LISTED FOR SALE

1957 Hobart Ave Bronx, NY 10461

Middletown-Pelham Bay Neighborhood

Estimated Value: $734,935 - $867,000

4 Beds
2 Baths
1,380 Sq Ft
$582/Sq Ft Est. Value

Last Sold August 30, 2018

Last sale price $620,000 $449 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,845/month

32 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Detached Garage
  • Hot Water Heating System
  • Property is near public transit
  • Park
  • Heating System Uses Steam

About This Home

As of August 2018

Detached brick gem in Back side of Pelham Bay. Two family home, 3 bedroom duplex with finished attic over one bedroom apartment. Large eat in kitchen, living room and sun room. Large 2 car garage, block from number 6 train at Burhe Ave and Pelham Bay Park. Walking to Crosby Ave shopping. Close to highways, I95 and Hutchison River Parkway.

Last Agent to Sell the Property

Nicholas Lugo

Howard Hanna Rand Realty Brokerage Phone: 347-202-4965 License #10401305413 Listed on: 04/07/2018

Last Buyer's Agent

Nicholas Lugo

Howard Hanna Rand Realty Brokerage Phone: 347-202-4965 License #10401305413 Listed on: 04/07/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,410

Year Built

  • Built in 1935

Lot Details

  • 2,396

Parking

  • 2 Car Detached Garage

Home Design

  • 1,380 Sq Ft Home
  • Colonial Architecture
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Additional Features

  • No Common Walls
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Assessor Parcel Number 04234-0038

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,410

Year Built

Built in 1935

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1935
  • Attribution Contact: 347-202-4965
  • Village: Bronx
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: None
  • Total Bedrooms: 4
  • Living Area: 1380
  • SquareFootage: 1380.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Detached, 2 Car Detached, Garage

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water, Steam
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 1

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Features: Near Public Transit
  • Parcel Number: 04234-0038
  • Property Attached: No

Rental Info

  • Tenant Pays: Cooking Gas, Electricity

Multi Family

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

Tax Info

  • Tax Annual Amount: 4410
  • Tax Map Number: 04234-0038

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 7, 2018
Closed on
Aug 30, 2018
Sold by
Cocco Luz Maria and Cocco Rafael
Bought by
Ou Yanhui and Shao Zhi Yu
Seller's Agent
Nicholas Lugo
Howard Hanna Rand Realty
Buyer's Agent
Nicholas Lugo
Howard Hanna Rand Realty
List Price
$645,000
Sold Price
$620,000
Premium/Discount to List
-$25,000
-3.88%
Current Estimated Value
$802,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,484
Avg. Annual Appreciation
3.36%
Original Mortgage
$403,000
Outstanding Balance
$353,611
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$426,979

Purchase Details

Closed on
Jun 2, 1998
Sold by
Karnatz Walter and Karnatz Elizabeth
Bought by
Cocco Rafael and Cocco Luz Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
6.9%
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
Ou Yanhui $620,000 --
Cocco Rafael $180,000 The Judicial Title Ins Agenc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ou Yanhui $403,000
Previous Owner Cocco Rafael $154,041
Previous Owner Cocco Rafael $172,257
Previous Owner Cocco Rafael $171,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2018 08/30/18 Sold $620,000 -3.9% $449 / Sq Ft
04/07/2018 04/07/18 Pending -- -- --
04/07/2018 04/07/18 For Sale $645,000 -- $467 / 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 $5,660 $31,355 $6,612 $24,743
2024 $5,660 $29,580 $6,927 $22,653
2023 $5,383 $27,907 $7,559 $20,348
2022 $4,998 $34,860 $9,540 $25,320
2021 $5,268 $32,340 $9,540 $22,800
2020 $5,235 $34,080 $9,540 $24,540
2019 $4,864 $28,680 $9,540 $19,140
2018 $4,443 $23,256 $8,199 $15,057
2017 $4,198 $22,062 $7,278 $14,784
2016 $4,101 $22,062 $7,936 $14,126
2015 $2,290 $21,774 $9,279 $12,495
2014 $2,290 $20,542 $9,878 $10,664
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2018

    Nicholas Lugo

    Howard Hanna Rand Realty

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Map

Source: OneKey® MLS

MLS Number: KEY4814384

OneKey® MLS

APN: 04234-0038

New York Bronx County Bronx 10461 Middletown-Pelham Bay

1957 Hobart Ave, Bronx, NY

This home is located at 1957 Hobart Ave, Bronx, NY 10461 since 07 April 2018 and is currently estimated at $802,484, approximately $581 per square foot. This property was built in 1935. 1957 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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