NOT LISTED FOR SALE

2016 Colonial Ave Bronx, NY 10461

Middletown-Pelham Bay Neighborhood

Estimated Value: $1,059,656 - $1,144,000

5 Beds
3 Baths
2,970 Sq Ft
$373/Sq Ft Est. Value

Last Sold July 19, 2018

Last sale price $805,000 $271 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $6,520/month

23 Days on Market

Highlights

  • Property is near public transit
  • Window Unit Cooling System
  • Heating System Uses Steam
  • 2 Car Attached Garage
  • Park
  • 2-minute walk to Pelham Bay Park

About This Home

As of July 2018

LOCATION! LOCATION! LOCATION! Great Investment (3) Three family Detached Brick in Pelham Bay. It has 1 bedroom, 2 bedroom, 2 bedroom, yard, garage+ and driveway. Close to pelham bay park and shopping. A block away from the #6 subway station, manhattan express bus, bus transportation and major highway.

Last Agent to Sell the Property

Aileen Padilla

RE/MAX Boutique Realty Brokerage Phone: 917-680-1428 License #10491208021 Listed on: 05/21/2018

Last Buyer's Agent

Maria Paleatsos

MP Power Realty Corp License #10311201238

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,747

Year Built

  • Built in 1925

Lot Details

  • 3,324 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • 2,970 Sq Ft Home
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near public transit

Utilities

  • Window Unit Cooling System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 04249-0006

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

$6,747

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1925
  • Attribution Contact: 917-680-1428
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Living Area: 2970
  • SquareFootage: 2970.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Total Parking Spaces: 3
  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Attached, 2 Car Attached, Driveway

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Steam
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 3

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.08
  • Lot Dimensions: 0.0763
  • Lot Size Sq Ft: 3324
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04249-0006
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3
  • NumberOf1Bedrooms: 1
  • NumberOf2Bedrooms: 2

Tax Info

  • Tax Annual Amount: 6747
  • Tax Map Number: 04249-0006

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
May 21, 2018
Closed on
Jul 19, 2018
Sold by
Hession Edward
Bought by
Bajramaj Afrime and Bajramaj (Trustee), Luan
Seller's Agent
Aileen Padilla
RE/MAX Boutique Realty
Buyer's Agent
Maria Paleatsos
MP Power Realty Corp
List Price
$879,000
Sold Price
$805,000
Premium/Discount to List
-$74,000
-8.42%
Current Estimated Value
$1,107,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$302,164
Avg. Annual Appreciation
4.48%

Purchase Details

Closed on
Mar 15, 2002
Sold by
Ferrara Sandra and Chamberlin Donna
Bought by
Hession Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,450
Interest Rate
6.84%

Purchase Details

Closed on
Oct 12, 2001
Sold by
Ferrara Sandra and Ferrara Ciro
Bought by
Ferrara Sandra and Chamberlin Donna

Purchase Details

Closed on
Jul 11, 1994
Sold by
Blumetti Concetta and Blumetti Domenico
Bought by
Ferrara Ciro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,500
Interest Rate
8.56%
Mortgage Type
Seller Take Back
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
Bajramaj Afrime $805,000 --
Hession Edward -- --
Ferrara Sandra -- --
Ferrara Ciro $200,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hession Edward $272,450
Previous Owner Ferrara Ciro $137,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2018 07/19/18 Sold $805,000 -8.4% $271 / Sq Ft
05/21/2018 05/21/18 Pending -- -- --
05/21/2018 05/21/18 For Sale $879,000 -- $296 / 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 $8,688 $45,848 $9,060 $36,788
2024 $8,688 $43,254 $10,186 $33,068
2023 $8,288 $40,807 $9,589 $31,218
2022 $8,146 $53,940 $12,900 $41,040
2021 $8,523 $53,460 $12,900 $40,560
2020 $8,087 $47,580 $12,900 $34,680
2019 $7,540 $47,280 $12,900 $34,380
2018 $6,932 $34,006 $11,811 $22,195
2017 $6,932 $34,006 $11,442 $22,564
2016 $6,747 $33,748 $11,499 $22,249
2015 $3,650 $31,839 $11,391 $20,448
2014 $3,650 $30,038 $11,906 $18,132
Source: Public Records

Agents Affiliated with this Home

  • Aileen Padilla

    Seller's Agent in 2018

    Aileen Padilla

    RE/MAX

    (917) 680-1428

    1 in this area

    51 Total Sales

    Aileen Padilla
    Section Image

  • M

    Buyer's Agent in 2018

    Maria Paleatsos

    MP Power Realty Corp

    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY4823032

OneKey® MLS

APN: 04249-0006

New York Bronx County Bronx 10461 Middletown-Pelham Bay

2016 Colonial Ave, Bronx, NY

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