NOT LISTED FOR SALE

Estimated Value: $948,994 - $1,239,000

7 Beds
3 Baths
2,856 Sq Ft
$389/Sq Ft Est. Value

Last Sold October 09, 2015

Last sale price $650,000 $228 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $6,738/month

41 Days on Market

Highlights

  • Property is near public transit
  • 3-minute walk to Pelham Parkway (5 Line)
  • Porch
  • Private Lot
  • Granite Countertops
  • 1 Car Attached Garage

About This Home

As of October 2015

Legal Three Family brick Gem located in the coveted Pelham Gardens section off the Bronx, just off Pelham Parkway North. This immaculate home features a 3 Bedroom and 2x2 Bedroom units all with one full bathroom. Perfect for a large family or mother-daughter arrangement plus a rental unit. This incredible residence also offers a one car attached garage with an additional parking space in the driveway and is located just steps from the Pelham Pkwy #5 subway station, the #12 SBS bus and major highways, making this a commuter's dream home. It also boasts a private, pet friendly, fenced backyard with plenty of space for family entertaining or just relaxing. Great investment opportunity in a great location!

Last Agent to Sell the Property

Mike Alba

Morris Park Realty Group Brokerage Phone: 347-202-4965 License #40AL1097421 Listed on: 06/01/2015

Last Buyer's Agent

Benny Diasparra

Exit Realty Search License #10311201414

Exit Realty Search

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,117

Year Built

  • Built in 1940

Lot Details

  • 3,768 Sq Ft Lot
  • No Common Walls
  • Fenced
  • Private Lot

Parking

  • 1 Car Attached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,856 Sq Ft Home
  • 2-Story Property
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Eat-In Kitchen
  • Granite Countertops

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Utilities

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

Additional Features

  • Porch
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Assessor Parcel Number 04367-0016

Community Details

Overview

  • 3 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,117

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Year Built: 1940
  • Attribution Contact: 347-202-4965
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen, Granite Counters
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Finished, Walk-Out Access
  • Total Bedrooms: 7
  • Living Area: 2856
  • SquareFootage: 2856.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Brick
  • Fencing: Fenced
  • Patio and Porch Features: Porch

Garage/Parking

  • Total Parking Spaces: 2
  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Attached, 1 Car Attached, Driveway, Off Street

Utilities

  • Cooling: Central Air, 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: 0.09
  • Lot Size Area: 0.09
  • Lot Dimensions: 0.0865
  • Lot Size Sq Ft: 3768
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit, Private
  • Parcel Number: 04367-0016
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cooking Gas, Electricity

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf2Bedrooms: 2
  • NumberOf3Bedrooms: 1

Tax Info

  • Tax Annual Amount: 6117
  • Tax Map Number: 04367-0016
  • IncludedInTaxes: Sewer,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
Jun 1, 2015
Closed on
Oct 9, 2015
Sold by
Chiocchi Joanne
Bought by
Panariti Altin and Panariti Vjollca
Seller's Agent
Mike Alba
Morris Park Realty Group
Buyer's Agent
Benny Diasparra
Exit Realty Search
List Price
$639,000
Sold Price
$650,000
Premium/Discount to List
$11,000
1.72%
Current Estimated Value
$1,111,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$461,499
Avg. Annual Appreciation
5.04%
Original Mortgage
$520,000
Outstanding Balance
$412,753
Interest Rate
3.9%
Estimated Equity
$647,067
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
Panariti Altin $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Panariti Altin $520,000
Previous Owner Chiocchi Joanne B $150,000
Previous Owner Chiocchi Joanne $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2015 10/09/15 Sold $650,000 +1.7% $228 / Sq Ft
07/13/2015 07/13/15 Pending -- -- --
06/01/2015 06/01/15 For Sale $639,000 -- $224 / 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 $9,789 $51,662 $9,948 $41,714
2024 $9,789 $48,739 $10,690 $38,049
2023 $9,339 $45,983 $8,771 $37,212
2022 $8,702 $53,580 $12,120 $41,460
2021 $9,174 $50,040 $12,120 $37,920
2020 $9,113 $52,620 $12,120 $40,500
2019 $8,496 $42,420 $12,120 $30,300
2018 $7,811 $38,319 $10,517 $27,802
2017 $7,405 $36,327 $10,604 $25,723
2016 $7,262 $36,327 $11,611 $24,716
2015 $3,914 $35,877 $12,307 $23,570
2014 $3,914 $33,847 $13,232 $20,615
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4525206

OneKey® MLS

APN: 04367-0016