NOT LISTED FOR SALE

2037 Continental Ave Bronx, NY 10461

Middletown-Pelham Bay Neighborhood

Estimated Value: $934,000 - $1,116,000

5 Beds
3 Baths
2,500 Sq Ft
$415/Sq Ft Est. Value

Last Sold October 21, 2020

Last sale price $800,000 $320 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $6,211/month

Highlights

  • Property is near public transit
  • Baseboard Heating
  • 4-minute walk to Pelham Bay Park

About This Home

As of October 2020

Calling all investors or buyers! This turn-key 2 family is situated in the desirable Pelham Bay neighborhood! The property has two bedroom one bathroom over two bedroom one bathroom over finished walk-in basement with lawful one bedroom and full bathroom. First floor apartment comes with back porch with a nice awning. One car parking on the back yard. Two set 3-year-new hot water heaters and gas boilers. This home is conveniently located near all shopping, parks, restaurants, public transportation and major highways! Don't miss out on this amazing opportunity! You won't be disappointed!

Last Agent to Sell the Property

Alex Huang

Han Tang Realty Inc. License #10311206937 Listed on: 08/06/2020

Last Buyer's Agent

Ying Dong

Han Tang Realty Inc. License #10401306137

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,857

Year Built

  • Built in 1940

Lot Details

  • 1,755 Sq Ft Lot
  • No Common Walls

Parking

  • Off-Street Parking

Home Design

  • 2,500 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near public transit

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 04246-0019

Community Details

Overview

  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,857

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1940
  • 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: 2500
  • SquareFootage: 2500.00
  • SquareFootageSource: Other

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Off Street

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Private
  • Hot Water: Gas Stand Alone

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.04
  • Lot Size Area: 0.04
  • Lot Size Sq Ft: 1755
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04246-0019
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 7857
  • Tax Map Number: 04246-0019

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
Aug 6, 2020
Closed on
Oct 21, 2020
Sold by
Chen Benchi and Lin Jinfang
Bought by
Ho Raymond Waiping
Seller's Agent
Alex Huang
Han Tang Realty Inc.
Buyer's Agent
Ying Dong
Han Tang Realty Inc.
List Price
$839,000
Sold Price
$800,000
Premium/Discount to List
-$39,000
-4.65%
Current Estimated Value
$1,036,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,562
Avg. Annual Appreciation
5.33%
Original Mortgage
$560,000
Outstanding Balance
$497,182
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$539,380

Purchase Details

Listed on
Jul 8, 2015
Closed on
Dec 9, 2015
Sold by
Fannie Mae
Bought by
Chen Benchi and Lin Jinfang
Seller's Agent
Paul Luciano
Utopia Realty Inc.
Buyer's Agent
Non Non Member-MLS
Non-Member MLS
List Price
$382,500
Sold Price
$380,000
Premium/Discount to List
-$2,500
-0.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.52%

Purchase Details

Closed on
Oct 20, 2014
Sold by
Marquez Sergio Esq
Bought by
Federal National Mortgage Association
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
Ho Raymond Waiping $800,000 --
Chen Benchi $385,320 --
Federal National Mortgage Association $433,226 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ho Raymond Waiping $560,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/21/2020 10/21/20 Sold $800,000 -4.6% $320 / Sq Ft
08/07/2020 08/07/20 For Sale $839,000 +120.8% $336 / Sq Ft
08/06/2020 08/06/20 Pending -- -- --
12/09/2015 12/09/15 Sold $380,000 -0.7% $220 / Sq Ft View Prior Sale
11/13/2015 11/13/15 Pending -- -- --
07/08/2015 07/08/15 For Sale $382,500 -- $221 / 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 $8,521 $44,540 $7,043 $37,497
2024 $8,521 $42,426 $6,997 $35,429
2023 $8,159 $40,176 $7,740 $32,436
2022 $7,920 $49,080 $10,380 $38,700
2021 $8,077 $45,480 $10,380 $35,100
2020 $7,857 $43,860 $10,380 $33,480
2019 $7,396 $35,520 $10,380 $25,140
2018 $6,825 $33,480 $10,380 $23,100
2017 $5,724 $28,080 $9,360 $18,720
2016 $5,398 $27,000 $10,380 $16,620
2015 $2,989 $25,948 $7,784 $18,164
2014 $2,989 $24,480 $8,820 $15,660
Source: Public Records

Agents Affiliated with this Home

  • Alex Huang

    Seller's Agent in 2020

    Alex Huang

    Han Tang Realty Inc.

    (347) 989-5882

    28 in this area

    234 Total Sales

    Alex Huang
    Section Image

  • Y

    Buyer's Agent in 2020

    Ying Dong

    Han Tang Realty Inc.

    6 in this area

    44 Total Sales

    Ying Dong
    Section Image
  • Paul Luciano

    Seller's Agent in 2015

    Paul Luciano

    Utopia Realty Inc.

    (718) 359-1900

    170 Total Sales

    Paul Luciano
    Section Image

  • N

    Buyer's Agent in 2015

    Non Non Member-MLS

    Non-Member MLS

See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY6060520

OneKey® MLS

APN: 04246-0019

New York Bronx County Bronx 10461 Middletown-Pelham Bay

2037 Continental Ave, Bronx, NY

This home is located at 2037 Continental Ave, Bronx, NY 10461 since 06 August 2020 and is currently estimated at $1,036,562, approximately $414 per square foot. This property was built in 1940. 2037 Continental 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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