NOT LISTED FOR SALE

Estimated Value: $760,311 - $890,000

4 Beds
2 Baths
1,988 Sq Ft
$417/Sq Ft Est. Value

Last Sold January 09, 2024

Last sale price $819,000 $412 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,958/month

114 Days on Market

Highlights

  • Property is near public transit
  • Main Floor Bedroom
  • Formal Dining Room
  • Wood Flooring
  • Granite Countertops
  • Balcony

About This Home

As of January 2024

Renovated detached 2-Family brick home in Pelham Gardens. Great investment property. The first floor 1 bedroom unit presents a new kitchen and bathroom (8/2023) along with living/dining room. The second and third floor 3 bedroom unit features a renovated kitchen with granite countertops and custom cabinets, formal dining room, formal living room, sliders to terrace and hall bathroom. Bonus attic storage, 2 gas and electric meters, back patio with storage room, and room for additional driveway parking (2 currently) with removal of a small tree. Close to public transportation, #5 train on Williamsbridge Rd, BX #12 & 31 buses, Jacobi & Einstein Hospital, Bay Plaza Shopping Mall, I-95 Highway, Hutchinson River and Bronx River Parkways, shopping, restaurants and many more amenities. Taxes listed without STAR exemption. CO in place for 2-family!

Last Agent to Sell the Property

Michele Iasich-Pagnotta

Houlihan & O'Malley R. E. Serv Brokerage Phone: (914) 337-7888 License #10401224199 Listed on: 08/11/2023

Last Buyer's Agent

Suzanna Anderson

RE/MAX Distinguished Hms.&Prop License #10401285983

RE/MAX Distinguished Hms.&Prop

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,018

Year Built

  • Built in 1961

Lot Details

  • 1,764 Sq Ft Lot
  • No Common Walls
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 1,988 Sq Ft Home
  • Formal Dining Room
  • Wood Flooring
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Outdoor Features

  • Balcony
  • Patio

Location

  • Property is near public transit

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Assessor Parcel Number 04385-0009

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

$7,018

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1961
  • Attribution Contact: (914) 337-7888
  • Subdivision Name: Pelham Gardens
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: First Floor Bedroom, Formal Dining, Granite Counters
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: None
  • Total Bedrooms: 4
  • Living Area: 1988
  • SquareFootage: 1988.00
  • SquareFootageSource: Other

Exterior Features

  • Construction Materials: Frame, Brick
  • Exterior Features: Balcony
  • Patio and Porch Features: Patio

Garage/Parking

  • Total Parking Spaces: 2
  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway

Utilities

  • Cooling: Wall Unit(s), Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • NumberOfHeatingZones: 2

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No
  • DevelopmentName: Pelham Gardens

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.04
  • Lot Size Area: 0.04
  • Lot Size Sq Ft: 1764
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 04385-0009
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cooking Gas, Electricity

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf1Bedrooms: 1
  • NumberOf3Bedrooms: 1

Tax Info

  • Tax Annual Amount: 7018
  • Tax Map Number: 04385-0009
  • IncludedInTaxes: Trash

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 11, 2023
Closed on
Jan 9, 2024
Sold by
Pagnotta As Surviving Spouse Guiseppa
Bought by
Monforte Stefano
Seller's Agent
Michele Iasich-Pagnotta
Houlihan & O'Malley R. E. Serv
Buyer's Agent
Suzanna Anderson
RE/MAX Distinguished Hms.&Prop
List Price
$819,000
Sold Price
$819,000
Views
199
Current Estimated Value
$828,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,078
Avg. Annual Appreciation
0.63%
Original Mortgage
$409,500
Outstanding Balance
$402,334
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$425,744
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
Monforte Stefano $819,000 --
Monforte Stefano $819,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Monforte Stefano $409,500
Closed Monforte Stefano $409,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2024 01/09/24 Sold $819,000 0.0% $412 / Sq Ft
12/04/2023 12/04/23 Pending -- -- --
11/08/2023 11/08/23 For Sale $819,000 0.0% $412 / Sq Ft
10/16/2023 10/16/23 Pending -- -- --
09/18/2023 09/18/23 Price Changed $819,000 -5.8% $412 / Sq Ft
08/11/2023 08/11/23 For Sale $869,000 -- $437 / 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 $6,816 $37,457 $7,394 $30,063
2024 $6,816 $35,338 $6,756 $28,582
2023 $6,734 $34,560 $7,646 $26,914
2022 $6,178 $39,480 $9,120 $30,360
2021 $6,660 $39,960 $9,120 $30,840
2020 $6,311 $40,740 $9,120 $31,620
2019 $5,867 $34,020 $9,120 $24,900
2018 $5,573 $28,800 $7,200 $21,600
2017 $5,498 $28,440 $7,874 $20,566
2016 $5,202 $27,572 $8,936 $18,636
2015 $3,016 $26,012 $9,274 $16,738
2014 $3,016 $24,540 $10,140 $14,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6264185

OneKey® MLS

APN: 04385-0009