NOT LISTED FOR SALE

Estimated Value: $671,000 - $919,000

4 Beds
3 Baths
1,800 Sq Ft
$416/Sq Ft Est. Value

Last Sold June 14, 2024

Last sale price $880,000 $489 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $4,385/month

44 Days on Market

About This Home

As of June 2024

"Welcome to 2050 Pitman Ave, Bronx, NY – a beautifully renovated residence that seamlessly combines modern living with classic charm. This spacious property features a thoughtfully designed layout, offering a 3-bedroom duplex with 1.5 baths on the upper level, paired with a stylish 1-bedroom, 1-bathroom apartment on the lower level. As you enter the main living area, you’ll be greeted by an open-concept space, perfect for entertaining or simply enjoying quality family time. The kitchen boasts contemporary finishes, stainless steel appliances, and ample counter space, making it a culinary haven for cooking enthusiasts. The upper level hosts three well-appointed bedrooms, providing comfort and privacy for every member of the household. The master bedroom features an ensuite half-bath for added convenience. The full bathroom on this level is designed with modern fixtures and
a soothing color palette, creating a spa-like retreat. The lower level of the property is a self-contained 1-bedroom apartment with its own bathroom, making it an ideal space for guests, extended family, or even as a rental unit for additional income. Step outside to discover your own private oasis – a driveway for convenient parking and a backyard that offers a perfect blend of relaxation and outdoor enjoyment. Whether you’re hosting barbecues, gardening, or simply unwinding in the fresh air, this backyard provides a retreat from the hustle and bustle of city life. 2050 Pitman Ave is more than just a home; it’s a sanctuary where modern design meets comfort. Don’t miss the opportunity to make this renovated residence in the heart of Bronx, NY, your new home."

Last Agent to Sell the Property

WW Realty Group Inc.

WW Realty Group Inc License #10311209735 Listed on: 04/08/2024

Last Buyer's Agent

WW Realty Group Inc.

WW Realty Group Inc License #10311209735 Listed on: 04/08/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,275

Year Built

  • Built in 1945

Lot Details

  • 2,500 Sq Ft Lot

Parking

  • Driveway

Home Design

  • Duplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Schools

  • Contact Agent Elementary And Middle School
  • Contact Agent High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 05025-0001

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,275

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Year Built: 1945
  • CurrentPrice: 880000.00
  • MlsMajorChangeType: Sold
  • ListPrice_By_OriginalListPrice: 0.96381
  • ListPrice_By_LotSizeAcres: 13919860.6272
  • CurrentPrice_By_BuildingAreaTotal: 488.88889
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Water Heater
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Basement YN: No

Exterior Features

  • Waterfront: No

Garage/Parking

  • Parking Description: Driveway

Utilities

  • Cooling: None
  • Heating: Baseboard, Natural Gas
  • Sewer: Public Sewer
  • Utilities: Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Contact Agent

Lot Info

  • Lot Size Acres: 0.0574
  • Lot Size Sq Ft: 2500
  • Parcel Number: 05025-0001
  • Property Attached: Yes

Multi Family

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

Tax Info

  • Tax Annual Amount: 5275
  • Tax Year: 2023

MLS Schools

  • Elementary School: Contact Agent
  • High School: Contact Agent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2024
Closed on
May 21, 2024
Sold by
26Th Street Holding Llc
Bought by
Bougounenu Janine and Mills Ackeem
Seller's Agent
WW Realty Group Inc.
WW Realty Group Inc
Buyer's Agent
WW Realty Group Inc.
WW Realty Group Inc
List Price
$829,000
Sold Price
$880,000
Premium/Discount to List
$51,000
6.15%
Current Estimated Value
$749,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$130,473
Avg. Annual Appreciation
-9.78%
Original Mortgage
$864,061
Interest Rate
6.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 2021
Sold by
Preston Edwards and The Estate Of Preston Edwards
Bought by
26Th Street Holding Llc

Purchase Details

Closed on
Feb 22, 2005
Sold by
Edwards Preston and Panniel Catherine
Bought by
Edwards Preston
Source: Public Records
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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
Bougounenu Janine $880,000 --
26Th Street Holding Llc $360,000 --
26Th Street Holding Llc $360,000 --
Edwards Preston -- --
Edwards Preston -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bougounenu Janine $864,061
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2024 06/14/24 Sold $880,000 +6.2% $489 / Sq Ft
05/22/2024 05/22/24 Pending -- -- --
04/08/2024 04/08/24 For Sale $829,000 -- $461 / 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 $5,592 $29,510 $7,035 $22,475
2024 $5,592 $27,840 $7,305 $20,535
2023 $5,334 $26,266 $7,353 $18,913
2022 $4,967 $30,780 $9,540 $21,240
2021 $5,237 $28,320 $9,540 $18,780
2020 $5,205 $31,260 $9,540 $21,720
2019 $4,853 $26,880 $9,540 $17,340
2018 $4,462 $21,888 $8,037 $13,851
2017 $4,227 $20,736 $8,608 $12,128
2016 $4,145 $20,736 $8,586 $12,150
2015 $2,359 $20,494 $8,762 $11,732
2014 $2,359 $19,334 $9,376 $9,958
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: H6299565

OneKey® MLS

APN: 05025-0001