NOT LISTED FOR SALE

1990 Hughes Ave Bronx, NY 10457

East Tremont Neighborhood

Estimated Value: $829,000 - $907,000

7 Beds
3 Baths
2,640 Sq Ft
$332/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $748,000 $283 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,401/month

45 Days on Market

Highlights

  • Property is near public transit
  • Window Unit Cooling System
  • Hot Water Heating System
  • Formal Dining Room
  • Park

About This Home

As of March 2021

Great Investment Opportunity ! Beautiful legal 2 family home in the Crotona Section of The Bronx. Featuring a large 3 bedroom apartment over a spacious 2 bedroom apartment and a finished basement with a separate entrance, 2 bedrooms , full bath and access to the backyard. All 3 full baths are fully tiled, both kitchens offering great counter space, granite counter tops, stainless steel appliances, washer and dryer hookups in each unit, parking for 1 car. Conveniently located walking distance to subway lines #2,#5,B#,#D,#4, multiple bus lines, shopping hubs, schools and major highways.

Last Agent to Sell the Property

Hermi Aquino

RE/MAX Distinguished Hms.&Prop License #30AQ1103641 Listed on: 10/19/2020

RE/MAX Distinguished Hms.&Prop

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,397

Year Built

  • Built in 1995

Lot Details

  • 1,586 Sq Ft Lot
  • Two or More Common Walls

Interior Spaces

  • 2,640 Sq Ft Home
  • Formal Dining Room
  • Finished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Parking

  • 1 Parking Space
  • Driveway

Location

  • Property is near public transit

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 03079-0115

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

$6,397

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1995
  • Attribution Contact: 914-346-8255
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Formal Dining Room
  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Finished, Walk-Out Access
  • Total Bedrooms: 7
  • Living Area: 2640.00
  • Square Footage: 2640.00

Garage/Parking

  • Total Parking Spaces: 1.00
  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway

Utilities

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

Association/Amenities

  • Community Features: Park

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: 0.0400
  • Lot Size Area: 0.0400
  • Lot Size Sq Ft: 1586.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 03079-0115
  • Property Attached: Yes

Tax Info

  • Close Date: 2021-03-26
  • Tax Annual Amount: 6397.00
  • Tax Map Number: 03079-0115

Multi Family

  • Units Total: 2
  • Two Bedrooms: 1
  • Three Bedrooms: 1
  • 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 19, 2020
Closed on
Mar 26, 2021
Sold by
Fortunato Peter
Bought by
1990 Hughes Ave Realty Inc
Seller's Agent
Hermi Aquino
RE/MAX Distinguished Hms.&Prop
List Price
$779,000
Sold Price
$748,000
Premium/Discount to List
-$31,000
-3.98%
Current Estimated Value
$886,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,201
Avg. Annual Appreciation
3.64%
Original Mortgage
$448,800
Outstanding Balance
$406,590
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$468,890

Purchase Details

Closed on
Apr 8, 2015
Sold by
United Hering Llc
Bought by
Fortunato Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,142
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2014
Sold by
Walton Lillian
Bought by
United Hering Llc
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
1990 Hughes Ave Realty Inc $748,000 --
Fortunato Peter $489,000 --
United Hering Llc $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1990 Hughes Ave Realty Inc $448,800
Previous Owner Fortunato Peter $480,142
Previous Owner Walton Lillian $136,499
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold $748,000 -4.0% $283 / Sq Ft
12/03/2020 12/03/20 Pending -- -- --
10/19/2020 10/19/20 For Sale $779,000 -- $295 / 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 $6,872 $36,266 $6,460 $29,806
2024 $6,872 $34,214 $6,170 $28,044
2023 $6,949 $34,214 $6,296 $27,918
2022 $6,575 $41,940 $8,700 $33,240
2021 $6,742 $37,080 $8,700 $28,380
2020 $6,397 $38,520 $8,700 $29,820
2019 $5,964 $38,460 $8,700 $29,760
2018 $5,812 $28,512 $7,165 $21,347
2017 $5,595 $27,446 $7,580 $19,866
2016 $4,951 $26,696 $7,415 $19,281
2015 $1,733 $25,185 $8,043 $17,142
2014 $1,733 $23,760 $7,098 $16,662
Source: Public Records

Agents Affiliated with this Home

  • Hermi Aquino

    Seller's Agent in 2021

    Hermi Aquino

    RE/MAX

    (646) 685-6269

    2 in this area

    179 Total Sales

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Map

Source: OneKey® MLS

MLS Number: KEY6078264

OneKey® MLS

APN: 03079-0115

New York Bronx County Bronx 10457 East Tremont

1990 Hughes Ave, Bronx, NY

This home is located at 1990 Hughes Ave, Bronx, NY 10457 since 19 October 2020 and is currently estimated at $875,480, approximately $331 per square foot. This property was built in 1995. 1990 Hughes Ave is a home located in Bronx County with nearby schools including P.S. 214, Zeta Charter School - Tremont Park, and Children's Aid College Preparatory Charter School.

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