NOT LISTED FOR SALE

Estimated Value: $827,774 - $933,000

5 Beds
2 Baths
2,425 Sq Ft
$362/Sq Ft Est. Value

Last Sold March 23, 2016

Last sale price $540,800 $223 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $5,548/month

35 Days on Market

Highlights

  • Deck
  • Porch
  • Window Unit Cooling System
  • Property is near public transit
  • 1 Car Attached Garage
  • Park

About This Home

As of March 2016

Pelham Parkway- Great Investment Property! Large 2 Family Brick Detached Home in very good condition. 3BR Apt. + 2BR Apt. + Large finished walk-in basement plus sub basement. 1 car garage & driveway. Porches and backyard. Conveniently located near all shops, transportation, & major highways. Great Buy!

Last Agent to Sell the Property

Jennifer Onomo

Century 21 Future Homes Realty Brokerage Phone: 718-863-0055 License #40ON1166506 Listed on: 06/24/2015

Century 21 Future Homes Realty

Last Buyer's Agent

Jennifer Onomo

Century 21 Future Homes Realty Brokerage Phone: 718-863-0055 License #40ON1166506 Listed on: 06/24/2015

Century 21 Future Homes Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,861

Year Built

  • Built in 1945

Lot Details

  • 2,500 Sq Ft Lot
  • No Common Walls

Parking

  • 1 Car Attached Garage

Home Design

  • Bi-Level Home
  • Brick Exterior Construction

Interior Spaces

  • 2,425 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near public transit

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Oil

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 04354-0016

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

$5,861

Year Built

Built in 1945

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Bi-Level
  • Property SubType: Multi Family
  • Year Built: 1945
  • Attribution Contact: 718-863-0055
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Full
  • Total Bedrooms: 5
  • Living Area: 2425
  • SquareFootage: 2425.00
  • SquareFootageSource: Other

Exterior Features

  • Construction Materials: Brick
  • Patio and Porch Features: Deck, Porch

Garage/Parking

  • Total Parking Spaces: 1
  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Attached, 1 Car Attached

Utilities

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

Association/Amenities

  • Community Features: Park

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
  • Lot Features: Near Public Transit
  • Parcel Number: 04354-0016
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

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

Tax Info

  • Tax Annual Amount: 5861
  • Tax Map Number: 04354-0016

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 24, 2015
Closed on
Mar 23, 2016
Sold by
Ademaj Shqipe and Demaj Muhamet
Bought by
Fofana Lassana and Fofana Mariam K
Seller's Agent
Jennifer Onomo
Century 21 Future Homes Realty
Buyer's Agent
Jennifer Onomo
Century 21 Future Homes Realty
List Price
$549,000
Sold Price
$540,800
Premium/Discount to List
-$8,200
-1.49%
Total Days on Market
35
Current Estimated Value
$877,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,644
Avg. Annual Appreciation
5.38%
Original Mortgage
$531,004
Outstanding Balance
$434,358
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$443,086

Purchase Details

Closed on
Mar 23, 2004
Sold by
Demaj Muhamet
Bought by
Demaj Muhamet and Demaj Shqipe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
5.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 2002
Sold by
Elezovic Ferdit and Elezovic Leka
Bought by
Demaj Muhamet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
6.16%
Source: Public Records

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Range of Values:

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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
Fofana Lassana $540,800 --
Fofana Lassana $540,800 --
Demaj Muhamet -- --
Demaj Muhamet -- --
Demaj Muhamet -- --
Demaj Muhamet -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fofana Lassana $531,004
Closed Fofana Lassana $531,004
Previous Owner Demaj Muhamet $396,000
Previous Owner Elezovic Leka $58,500
Previous Owner Demaj Muhamet $312,000
Previous Owner Elezovic Leka $413
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2016 03/23/16 Sold $540,800 -1.5% $223 / Sq Ft
07/30/2015 07/30/15 Pending -- -- --
06/24/2015 06/24/15 For Sale $549,000 -- $226 / 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 $7,688 $40,349 $8,584 $31,765
2024 $7,688 $38,275 $8,216 $30,059
2023 $7,773 $38,275 $7,476 $30,799
2022 $7,466 $44,820 $10,020 $34,800
2021 $7,425 $41,040 $10,020 $31,020
2020 $7,117 $41,280 $10,020 $31,260
2019 $6,672 $38,400 $10,020 $28,380
2018 $6,502 $31,896 $9,378 $22,518
2017 $6,353 $31,164 $9,951 $21,213
2016 $5,877 $29,400 $10,020 $19,380
2015 $4,133 $28,020 $11,100 $16,920
2014 $4,133 $26,580 $11,100 $15,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4529491

OneKey® MLS

APN: 04354-0016