NOT LISTED FOR SALE

229 S 2nd Ave Mount Vernon, NY 10550

Estimated Value: $577,461 - $898,000

5 Beds
2 Baths
2,200 Sq Ft
$329/Sq Ft Est. Value

Last Sold November 20, 2018

Last sale price $485,000 $220 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,993/month

81 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Skylights
  • Property is near public transit
  • Main Floor Primary Bedroom
  • 2 Car Attached Garage

About This Home

As of November 2018

Newly renovated detached second-floor 2 family, priced, for an immediate sale. Convenient to all transportation, and shopping. opportunity floor features large bedrooms with ample closets, living and dining area, beautiful hardwood floors throughout, fireplace, renovated kitchen with stainless steel appliances, renovated bath. There is an entrance door to the walkout basement, which is partially finished with a half bath. The second floor apartment features bedrooms with a fireplace in the master bedroom, living and dining area, renovated kitchen with stainless steel appliances, renovated bath. Enjoy the huge backyard for outdoor entertaining. Do not miss out on this opportunity. ACCEPTED OFFER

Last Agent to Sell the Property

Georgina T. Maynard

Charles Rutenberg Realty, Inc. Brokerage Phone: 718-994-4002 License #10301221438 Listed on: 06/28/2018

Charles Rutenberg Realty, Inc.

Last Buyer's Agent

Non Non OneKey Agent

Non-Member MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,827

Year Built

  • Built in 1929 | Remodeled in 2017

Lot Details

  • 5,310 Sq Ft Lot
  • No Common Walls

Parking

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

Home Design

  • Colonial Architecture
  • Aluminum Siding

Interior Spaces

  • 2,200 Sq Ft Home
  • Skylights
  • Wood Flooring
  • Partially Finished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Grimes Elementary School
  • Ab Davis Steam High Middle School
  • Nelson R Mandela/Dr Hosea Zollicoff High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Oil

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Assessor Parcel Number 0800-169-023-03121-000-0027

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,827

Year Built

Built in 1929 | Remodeled in 2017

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1929
  • Year Built Effective: 2017
  • Attribution Contact: 718-994-4002
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2017

Interior Features

  • Interior Amenities: Master Downstairs, Pantry, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Partially Finished, Walk-Out Access
  • Total Bedrooms: 5
  • Living Area: 2200
  • Window Features: Skylight(s)
  • SquareFootage: 2200.00
  • SquareFootageSource: Other

Exterior Features

  • Construction Materials: Aluminum Siding

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Oil, Hot Water
  • Sewer: Other
  • Water Source: Public
  • Hot Water: Fuel Oil Stand Alone

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdditionalFeesYN: 0

Schools

  • Middle School: Ab Davis Steam High School

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Dimensions: 0.1219
  • Lot Size Sq Ft: 5310
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 0800-169-023-03121-000-0027
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cooking Gas, Electricity, See Remarks

Multi Family

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

Tax Info

  • Tax Annual Amount: 10827
  • Tax Map Number: 0800-169-023-03121-000-0027

MLS Schools

  • Elementary School: Grimes School
  • High School: Nelson R Mandela/Dr Hosea Zollicoff
  • Middle School District: Mount Vernon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2018
Closed on
Nov 20, 2018
Sold by
4 Greenmeadow Llc
Bought by
Nwankwo Chioma O
Seller's Agent
Georgina T. Maynard
Charles Rutenberg Realty, Inc.
Buyer's Agent
Non Non OneKey Agent
Non-Member MLS
List Price
$485,000
Sold Price
$485,000
Current Estimated Value
$708,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,107
Avg. Annual Appreciation
6.16%
Original Mortgage
$476,215
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 30, 2017
Closed on
Jul 10, 2017
Sold by
Deutsche Bank National Trust Company
Bought by
4 Greenmeadow Llc
Seller's Agent
Randy Smith
VYLLA Home
Buyer's Agent
Edward Tornatore
Keller Williams Realty Group
List Price
$181,900
Sold Price
$201,000
Premium/Discount to List
$19,100
10.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
94.90%

Purchase Details

Closed on
Mar 27, 2017
Sold by
Ruggiero Joseph
Bought by
Deutsche Bank National Trust Conpany

Purchase Details

Closed on
Aug 7, 2001
Sold by
Robinson Faye
Bought by
Gaines Theodore W and Gaines Edith Rivera

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,064
Interest Rate
6.6%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 28, 1998
Sold by
Lambert George and Word Moses
Bought by
Robinson Faye
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Nwankwo Chioma O $485,000 Agent For Fidelity Natl Ttl
4 Greenmeadow Llc $201,000 Red Vison
Deutsche Bank National Trust Conpany $60,802,825 None Available
Gaines Theodore W $194,000 The Judicial Title Ins Agenc
Robinson Faye $127,200 The Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nwankwo Chioma O $26,719
Open Nwankwo Chioma O $493,487
Closed Nwankwo Chioma O $476,215
Previous Owner Gaines Edith Rivera $0
Previous Owner Gaines Edith Rivera $0
Previous Owner Gaines Jr Theodore W $490,500
Previous Owner Gaines Theodore W $62,997
Previous Owner Gaines Theodore W $269,000
Previous Owner Gaines Theodore W $221,000
Previous Owner Gaines Theodore W $187,064
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2018 11/20/18 Sold $485,000 0.0% $220 / Sq Ft
06/28/2018 06/28/18 Pending -- -- --
06/28/2018 06/28/18 For Sale $485,000 +141.3% $220 / Sq Ft
07/28/2017 07/28/17 Sold $201,000 +10.5% $91 / Sq Ft
03/29/2017 03/29/17 Pending -- -- --
03/29/2017 03/29/17 For Sale $181,900 -- $83 / 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
2024 $1,390 $7,750 $3,000 $4,750
2023 $9,950 $7,750 $3,000 $4,750
2022 $12,219 $7,750 $3,000 $4,750
2021 $11,999 $7,750 $3,000 $4,750
2020 $11,428 $7,750 $3,000 $4,750
2019 $11,287 $7,750 $3,000 $4,750
2018 $0 $7,750 $3,000 $4,750
2017 $0 $7,750 $3,000 $4,750
2016 $11,038 $7,750 $3,000 $4,750
2015 -- $7,750 $3,000 $4,750
2014 -- $7,750 $3,000 $4,750
2013 -- $7,750 $3,000 $4,750
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY4830148

OneKey® MLS

APN: 0800-169-023-03121-000-0027