NOT LISTED FOR SALE

Estimated Value: $871,000 - $911,098

12 Beds
5 Baths
2,280 Sq Ft
$391/Sq Ft Est. Value

Last Sold February 26, 2024

Last sale price $850,000 $373 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,290/month

24 Days on Market

Highlights

  • Property is near public transit
  • Formal Dining Room
  • Hot Water Heating System
  • Wood Flooring
  • Park
  • 1-minute walk to Ciccarone Park

About This Home

As of February 2024

Welcome to 2418 Hughes Ave in the Belmont section of The Bronx. Steps away from Little Italy and Fordham University. Great Opportunity! Featuring a extra spacious 6 Bedroom apartment on the 2nd Fl unit, spacious 4 BR apartment on the 1st floor unit with access to the large back deck, high ceiling throughout, hardwood floors, spacious living rooms and dining rooms. Full finished basement offering tons of great space with great potential. Very well maintained home with solid bones. Conveniently located steps away from the B#D# & #4 Subway Lines, Metro North Station, Bronx Zoo, Botanical Gardens, Multiple Bus lines, Major highways, Schools and Shopping Hubs.

Last Agent to Sell the Property

Hermi Aquino

RE/MAX Distinguished Hms.&Prop Brokerage Phone: (914) 346-8255 License #30AQ1103641 Listed on: 09/07/2023

RE/MAX Distinguished Hms.&Prop

Last Buyer's Agent

Hermi Aquino

RE/MAX Distinguished Hms.&Prop Brokerage Phone: (914) 346-8255 License #30AQ1103641 Listed on: 09/07/2023

RE/MAX Distinguished Hms.&Prop

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,107

Year Built

  • Built in 1899

Lot Details

  • 2,143 Sq Ft Lot
  • No Common Walls

Home Design

  • Frame Construction

Interior Spaces

  • 2,280 Sq Ft Home
  • Formal Dining Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 5 Full Bathrooms

Location

  • Property is near public transit

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 03076-0005

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,107

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1899
  • Attribution Contact: (914) 346-8255
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Formal Dining
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Total Bedrooms: 12
  • Living Area: 2280
  • SquareFootage: 2280.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Other
  • 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: 0.05
  • Lot Size Area: 0.05
  • Lot Size Sq Ft: 2143
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 03076-0005
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3
  • NumberOf3Bedrooms: 1
  • NumberOf4Bedrooms: 1

Tax Info

  • Tax Annual Amount: 5107
  • Tax Map Number: 03076-0005

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
Sep 7, 2023
Closed on
Feb 26, 2024
Sold by
Chacon Oscar R and Vidal Maria
Bought by
Levy Eddie
Seller's Agent
Hermi Aquino
RE/MAX Distinguished Hms.&Prop
Buyer's Agent
Hermi Aquino
RE/MAX Distinguished Hms.&Prop
List Price
$899,000
Sold Price
$850,000
Premium/Discount to List
-$49,000
-5.45%
Views
47
Current Estimated Value
$891,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,525
Avg. Annual Appreciation
3.28%
Original Mortgage
$637,500
Outstanding Balance
$628,688
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$262,837

Purchase Details

Closed on
Sep 21, 2017
Sold by
Rodriguez Natalie and Vidal Maria
Bought by
Chacon Oscar R and Vidal Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$462,708
Interest Rate
3.86%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 4, 2010
Sold by
Ledwin Enterprises Inc
Bought by
Rodriguez Natalie and Vidal Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$451,668
Interest Rate
4.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 14, 2007
Sold by
Peter Menoudakos Sr Esq As Referee
Bought by
Lakhani Mohamedali M and Lakhani Nilofer M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 14, 2007
Sold by
Yoon Youngik Esq As Referee
Bought by
Ledwin Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 1998
Sold by
Colatruglio Salvatore
Bought by
Lozado Jorge Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,317
Interest Rate
7.11%
Mortgage Type
Purchase Money Mortgage
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
Levy Eddie $850,000 --
Levy Eddie $850,000 --
Chacon Oscar R -- --
Chacon Oscar R -- --
Rodriguez Natalie $460,000 --
Rodriguez Natalie $460,000 --
Lakhani Mohamedali M $410,000 --
Lakhani Mohamedali M $410,000 --
Ledwin Enterprises Inc $395,000 --
Ledwin Enterprises Inc $395,000 --
Lozado Jorge Luis $162,500 Commonwealth Land Title Ins
Lozado Jorge Luis $162,500 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Levy Eddie $637,500
Closed Levy Eddie $637,500
Previous Owner Chacon Oscar R $651,200
Previous Owner Chacon Oscar R $462,708
Previous Owner Rodriguez Natalie $451,668
Previous Owner Lakhani Mohamedali M $328,000
Previous Owner Ledwin Enterprises Inc $355,000
Previous Owner Ledwin Enterprises Inc $55,000
Previous Owner Lozado Jorge Luis $336,000
Previous Owner Lozado Jorge Luis $260,000
Previous Owner Lozado Jorge Luis $158,317
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2024 02/26/24 Sold $850,000 -5.5% $373 / Sq Ft
10/02/2023 10/02/23 Pending -- -- --
09/07/2023 09/07/23 For Sale $899,000 -- $394 / 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 $5,181 $25,796 $4,468 $21,328
2024 $5,181 $25,795 $4,189 $21,606
2023 $5,107 $25,147 $4,677 $20,470
2022 $4,820 $40,680 $8,760 $31,920
2021 $4,795 $38,940 $8,760 $30,180
2020 $4,550 $41,100 $8,760 $32,340
2019 $4,497 $35,400 $8,760 $26,640
2018 $4,273 $20,956 $5,108 $15,848
2017 $4,102 $20,125 $6,046 $14,079
2016 $3,796 $18,987 $5,692 $13,295
2015 $2,070 $17,914 $6,451 $11,463
2014 $2,070 $17,914 $6,194 $11,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6267484

OneKey® MLS

APN: 03076-0005