NOT LISTED FOR SALE

240 S 5th Ave Mount Vernon, NY 10550

Estimated Value: $608,000 - $847,000

6 Beds
3 Baths
3,110 Sq Ft
$221/Sq Ft Est. Value

Sale Details

Date Sold: June 27, 2017

Last sale price $330,000 $106 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $4,888 / mo

597 Days on Market

Highlights

  • Colonial Architecture
  • Main Floor Bedroom
  • Eat-In Kitchen
  • Property is near public transit
  • 3 Car Detached Garage
  • Hot Water Heating System

About This Home

As of June 2017

Ideally priced 2 family with extra land for possible expansion and extra parking. Level #1 (1st Fl.) vacant - projected rent $1,750 monthly; Level #2 (2nd Fl.) vacant - projected rent $1,750 monthly; Level #3 (3rd Fl - 3 rooms (1 Br) occupied current rent $1,100 monthly. Other income: 3 garages $275 monthly

Last Agent to Sell the Property

Zaman Wilson

Vern-Mount Realty Services Brokerage Phone: 914-664-4000 License #37WI0582696 Listed on: 09/02/2015

Last Buyer's Agent

Christopher Barry

Westchester Estate Agency License #10311201374

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,626

Year Built

  • Built in 1900

Lot Details

  • 6,787 Sq Ft Lot
  • No Common Walls
  • Fenced
  • Level Lot

Parking

  • 3 Car Detached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 3,110 Sq Ft Home
  • Unfinished Basement
  • Walk-Out Basement
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Grimes Elementary School
  • Ab Davis Steam High Middle School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 0800-169-022-03084-000-0014

Community Details

Overview

  • 3 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,626

Year Built

Built in 1900

Lot Details

6,787 Sq Ft Lot

Parking

3

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1900
  • Attribution Contact: 914-664-4000
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: First Floor Bedroom, Eat-in Kitchen
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Unfinished, Walk-Out Access
  • Total Bedrooms: 6
  • Living Area: 3110
  • Owner Pays: Insurance
  • SquareFootage: 3110.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame, Aluminum Siding
  • Fencing: Fenced

Garage/Parking

  • Total Parking Spaces: 3
  • Attached Garage: No
  • Garage Spaces: 3
  • Garage: Yes
  • Parking Description: Detached, 3 Car Detached, Driveway, Other

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 1

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdditionalFeesYN: 0

Schools

  • Middle School: Ab Davis Steam High School

Lot Info

  • Lot Size Acres: 0.16
  • Lot Dimensions: 0.1558
  • Lot Size Sq Ft: 6787
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 0800-169-022-03084-000-0014
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Fuel Expense: 5575
  • Units Total: 3
  • Separate Electric Meters: 4
  • Separate Gas Meters: 4
  • NumberOf1Bedrooms: 1
  • NumberOf2Bedrooms: 1
  • NumberOf3Bedrooms: 1

Tax Info

  • Tax Annual Amount: 14626
  • Tax Map Number: 0800-169-022-03084-000-0014
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Elementary School: Grimes School
  • High School: Call Listing Agent
  • Middle School District: Mount Vernon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2015
Closed on
Jun 27, 2017
Sold by
Richards Leroy and Richards Beverly
Bought by
Hemraj Venita and Brown Brenton R
Seller's Agent
Zaman Wilson
Vern-Mount Realty Services
Buyer's Agent
Christopher Barry
Westchester Estate Agency
List Price
$345,000
Sold Price
$330,000
Premium/Discount to List
-$15,000
-4.35%
Current Estimated Value
$685,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,988
Avg. Annual Appreciation
8.62%
Original Mortgage
$247,500
Outstanding Balance
$202,399
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$483,589
Source: Public Records
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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
Hemraj Venita $330,000 Absolute Tilte Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hemraj Venita $247,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2017 06/27/17 Sold $330,000 -4.3% $106 / Sq Ft
09/01/2015 09/01/15 Pending -- -- --
09/01/2015 09/01/15 For Sale $345,000 -- $111 / Sq Ft
Source: OneKey® MLS

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 $15,015 $9,100 $3,300 $5,800
2024 $15,015 $9,100 $3,300 $5,800
2023 $11,684 $9,100 $3,300 $5,800
2022 $14,348 $9,100 $3,300 $5,800
2021 $14,089 $9,100 $3,300 $5,800
2020 $13,419 $9,100 $3,300 $5,800
2019 $13,253 $9,100 $3,300 $5,800
2018 $0 $9,100 $3,300 $5,800
2017 $0 $9,100 $3,300 $5,800
2016 $13,593 $9,100 $3,300 $5,800
2015 -- $10,300 $3,300 $7,000
2014 -- $10,300 $3,300 $7,000
2013 -- $10,300 $3,300 $7,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4540230

OneKey® MLS

APN: 0800-169-022-03084-000-0014

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