NOT LISTED FOR SALE

1977 Mapes Ave Bronx, NY 10460

West Farms Neighborhood

Estimated Value: $922,000 - $981,000

6 Beds
4 Baths
2,400 Sq Ft
$395/Sq Ft Est. Value

Last Sold December 01, 2017

Last sale price $662,000 $276 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $5,471/month

20 Days on Market

Highlights

  • Property is near public transit
  • Porch
  • Park
  • Wood Flooring
  • Patio
  • 1-minute walk to Mapes Ballfield

About This Home

As of December 2017

SPACIOUS semi-attached legal THREE family home conveniently located between the 174th St. and West Farms/E. Tremont subway stations (#2 and #5 subway line). Quick access for commuters. This property has a great flow, parking and yard. The top floor is a two bedroom one bath. The main unit consists of a living room, dining room, kitchen, full bathroom and two bedrooms over another full bath and a third bedroom leading to the back yard. The third unit is a studio apartment. All units are in very good condition with excellent tenants! Total rental revenue is $4,315 a month. All tenants are month to month. Top floor tenant has their own separate heating system. They pay their own heating, electric and cooking gas expenses.

Last Agent to Sell the Property

Gregory Tsougranis

Keller Williams Realty NYC Grp Brokerage Phone: 718-697-6800 License #10301201886 Listed on: 06/14/2017

Keller Williams Realty NYC Grp

Last Buyer's Agent

Blaise Blay-Mockey

Chateau Realty License #37BL0764355

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,692

Year Built

  • Built in 1994

Lot Details

  • 2,265 Sq Ft Lot
  • Two or More Common Walls
  • Fenced

Home Design

  • Split Level Home
  • Brick Exterior Construction
  • Frame Construction
  • Block Exterior
  • Vinyl Siding

Interior Spaces

  • 2,400 Sq Ft Home
  • Wood Flooring
  • Finished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Parking

  • Covered Parking
  • Driveway
  • On-Street Parking

Outdoor Features

  • Patio
  • Porch

Location

  • Property is near public transit

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cooking gas, electricity, heat
  • Assessor Parcel Number 03106-0040

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

$4,692

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Split Level, Townhouse
  • Property SubType: Multi Family
  • Year Built: 1994
  • Attribution Contact: 718-697-6800
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 4
  • Basement: Finished, Walk-Out Access
  • Total Bedrooms: 6
  • Living Area: 2400
  • SquareFootage: 2400.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Block, Frame, Brick, Vinyl Siding
  • Fencing: Fenced
  • Patio and Porch Features: Patio, Porch

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Covered, Driveway, On Street

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Forced Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 2

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 0.0520
  • Lot Size Sq Ft: 2265
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 03106-0040
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cooking Gas, Electricity, Heat

Multi Family

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

Tax Info

  • Tax Annual Amount: 4692
  • Tax Map Number: 03106-0040
  • 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
Jun 14, 2017
Closed on
Nov 30, 2017
Sold by
Rojas Jose
Bought by
Barrie Alphajor
Seller's Agent
Gregory Tsougranis
Keller Williams Realty NYC Grp
Buyer's Agent
Blaise Blay-Mockey
Chateau Realty
List Price
$655,000
Sold Price
$662,000
Premium/Discount to List
$7,000
1.07%
Current Estimated Value
$948,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,254
Avg. Annual Appreciation
4.55%
Original Mortgage
$650,009
Outstanding Balance
$547,251
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$401,003

Purchase Details

Closed on
Apr 27, 2007
Sold by
Nieves Sylvia
Bought by
Rojas Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,500
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 1994
Sold by
Nyc Prtnrshp Hsng Development Fund Co In
Bought by
Gonzalez Victor M and Gonzalez Luis S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Barrie Alphajor $662,000 --
Rojas Jose -- --
Gonzalez Victor M -- The Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barrie Alphajor $650,009
Previous Owner Rojas Jose $383,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2017 12/01/17 Sold $662,000 +1.1% $276 / Sq Ft
06/13/2017 06/13/17 Pending -- -- --
06/13/2017 06/13/17 For Sale $655,000 -- $273 / 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 $6,033 $30,326 $6,889 $23,437
2024 $6,033 $30,038 $6,493 $23,545
2023 $5,755 $28,339 $6,095 $22,244
2022 $5,623 $43,800 $10,440 $33,360
2021 $5,638 $35,580 $10,440 $25,140
2020 $5,349 $39,300 $10,440 $28,860
2019 $5,236 $39,420 $10,440 $28,980
2018 $4,814 $23,616 $7,146 $16,470
2017 $4,785 $23,472 $7,254 $16,218
2016 $4,463 $22,323 $9,226 $13,097
2015 $1,995 $21,060 $8,690 $12,370
2014 $1,995 $20,860 $8,490 $12,370
Source: Public Records

Agents Affiliated with this Home

  • Gregory Tsougranis

    Seller's Agent in 2017

    Gregory Tsougranis

    Keller Williams Realty NYC Grp

    (845) 304-5745

    1 in this area

    80 Total Sales

    Gregory Tsougranis
    Section Image

  • B

    Buyer's Agent in 2017

    Blaise Blay-Mockey

    Chateau Realty

    (914) 656-6828

    17 Total Sales

    Blaise Blay-Mockey
    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY4727022

OneKey® MLS

APN: 03106-0040

New York Bronx County Bronx 10460 West Farms

1977 Mapes Ave, Bronx, NY

Not Listed for Sale

MultiFamily

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