NOT LISTED FOR SALE

2118 Matthews Ave Bronx, NY 10462

Pelham Parkway Neighborhood

Estimated Value: $783,693 - $1,130,000

5 Beds
2.5 Baths
2,080 Sq Ft
$441/Sq Ft Est. Value

Last Sold May 11, 2018

Last sale price $785,000 $377 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,480/month

250 Days on Market

Highlights

  • Window Unit Cooling System
  • Baseboard Heating
  • 3-minute walk to Morris Park

About This Home

As of May 2018

Beautiful Fully Renovated 2 Family Brick Home - LARGE 3 BEDROOM DUPLEX, 2 BEDROOM WALKIN, AND FINISHED BASEMENT - NEW KITCHENS, BATHROOMS, HARDWOOD FLOORS near transportation, schools, shopping.. A MUST SEE!!!!

Last Agent to Sell the Property

Ryan Gehris

Unreal Estate Brokerage, LLC Brokerage Phone: 866-807-9087 License #10491212098 Listed on: 08/01/2017

Last Buyer's Agent

Joseph Noor

Expert Homes NY License #10401219194

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,600

Year Built

  • Built in 1955

Lot Details

  • 2,500 Sq Ft Lot
  • No Common Walls

Home Design

  • 2,080 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Oil

Listing and Financial Details

  • Assessor Parcel Number 04297-0033

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,600

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1955
  • Attribution Contact: 866-807-9087
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Living Area: 2080
  • SquareFootage: 2080.00
  • SquareFootageSource: Other

Garage/Parking

  • Total Parking Spaces: 2
  • Attached Garage: No
  • Garage: No
  • Parking Description: Off Street

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Oil, Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Fuel Oil Stand Alone

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Dimensions: 0.0574
  • Lot Size Sq Ft: 2500
  • Lot Size Units: Acres
  • Parcel Number: 04297-0033
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Multi Family

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

Tax Info

  • Tax Annual Amount: 5600
  • Tax Map Number: 04297-0033

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

Closed on
Jul 1, 2021
Sold by
Ahmed Rabbi
Bought by
Ahmed Bizu and Ahmed Rabbi
Current Estimated Value
$916,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,303
Outstanding Balance
$13,894
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$829,535

Purchase Details

Listed on
Aug 1, 2017
Closed on
May 11, 2018
Sold by
1908 Hunt Avenue Llc
Bought by
Ahmed Rabbi
Seller's Agent
Ryan Gehris
Unreal Estate Brokerage, LLC
Buyer's Agent
Joseph Noor
Expert Homes NY
List Price
$579,000
Sold Price
$785,000
Premium/Discount to List
$206,000
35.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.98%
Original Mortgage
$628,000
Outstanding Balance
$543,040
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$300,389

Purchase Details

Closed on
Mar 17, 2017
Sold by
Tolchin Referee Richard Orrin
Bought by
1908 Hunt Avenue Llc

Purchase Details

Closed on
Sep 29, 2005
Sold by
Tinaj Anton
Bought by
Mustafa Fakeeda B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 6, 2003
Sold by
Curanovic Peter
Bought by
Tinaj Anton
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ahmed Bizu -- --
Ahmed Bizu -- --
Ahmed Rabbi $785,000 --
Ahmed Rabbi $785,000 --
1908 Hunt Avenue Llc $466,440 --
1908 Hunt Avenue Llc $466,440 --
Mustafa Fakeeda B $590,000 --
Mustafa Fakeeda B $590,000 --
Mustafa Fakeeda B $590,000 --
Tinaj Anton -- --
Tinaj Anton -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahmed Bizu $15,303
Closed Ahmed Bizu $15,303
Open Ahmed Rabbi $628,000
Closed Ahmed Rabbi $628,000
Previous Owner Mustafa Fakeeda B $500,000
Previous Owner Mustafa Fakeeda B $125,000
Previous Owner Mustafa Fakeeda B $472,000
Previous Owner Mustafa Fakeeda B $118,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2018 05/11/18 Sold $785,000 +35.6% $377 / Sq Ft
08/01/2017 08/01/17 Pending -- -- --
08/01/2017 08/01/17 For Sale $579,000 -- $278 / 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 $7,167 $36,374 $7,111 $29,263
2024 $7,167 $35,683 $7,617 $28,066
2023 $7,247 $35,683 $7,269 $28,414
2022 $6,799 $47,580 $9,900 $37,680
2021 $6,762 $38,640 $9,900 $28,740
2020 $6,416 $36,480 $9,900 $26,580
2019 $6,221 $32,040 $9,900 $22,140
2018 $6,062 $29,736 $9,171 $20,565
2017 $5,785 $28,381 $8,624 $19,757
2016 $5,353 $26,775 $9,420 $17,355
2015 $3,244 $25,260 $10,680 $14,580
2014 $3,244 $24,780 $10,680 $14,100
Source: Public Records

Agents Affiliated with this Home

  • Ryan Gehris

    Seller's Agent in 2018

    Ryan Gehris

    Unreal Estate Brokerage, LLC

    (866) 807-9087

    2,136 Total Sales

    Ryan Gehris
    Section Image

  • J

    Buyer's Agent in 2018

    Joseph Noor

    Expert Homes NY

    (212) 257-2116

    3 Total Sales

    Joseph Noor
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY4734842

OneKey® MLS

APN: 04297-0033

New York Bronx County Bronx 10462 Pelham Parkway

2118 Matthews Ave, Bronx, NY

This home is located at 2118 Matthews Ave, Bronx, NY 10462 since 01 August 2017 and is currently estimated at $916,423, approximately $440 per square foot. This property was built in 1955. 2118 Matthews Ave is a home located in Bronx County with nearby schools including Bronx Green Middle School, Pelham Academy, and Bronx Charter School For Excellence 2.

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