NOT LISTED FOR SALE

2425 Matthews Ave Bronx, NY 10467

Allerton Neighborhood

Estimated Value: $861,290 - $975,000

6 Beds
3 Baths
2,730 Sq Ft
$340/Sq Ft Est. Value

Last Sold September 20, 2023

Last sale price $840,000 $308 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,527/month

36 Days on Market

Highlights

  • Property is near public transit
  • Balcony
  • Park
  • Main Floor Bedroom
  • 1 Car Attached Garage
  • Hot Water Heating System

About This Home

As of September 2023

Well built and updated two family home with landlord's one bedroom access unit on the first floor. 2nd floor is a two bedroom one bath unit and the third floor is a 3 bedroom and 1 bath. Private back yard with butting forage and flowers. Easy access from the the landlords 1st floor unit. Fenced back yard is also accessible via private side walkway alongside the home. Attached one car garage and 2 car driveway making parking easy. Home is located off Pelham Parkway, along side St. Lucy's School and Church and the Grotto. Bronx Botanical Garden and the Bronx Zoo. Easy and quick ride to Orchard Beach and City Island via private vehicle or MTA Bus. Train line 4 and 6 available as well but yet living in a tranquil tree line street with many advantages.

Last Agent to Sell the Property

Philip Gasparino

Weichert Realtors License #10401308781 Listed on: 04/27/2023

Weichert Realtors

Last Buyer's Agent

Maureen King

Weichert Realtors License #30KI0793756

Weichert Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,072

Year Built

  • Built in 1955

Lot Details

  • 2,500 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • 2,730 Sq Ft Home
  • Tri-Level Property
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

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

Additional Features

  • Balcony
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for all utilities, electricity, gas
  • Assessor Parcel Number 04437-0046

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,072

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Townhouse, Tri-Level
  • Property SubType: Multi Family
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: First Floor Bedroom
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 6
  • Living Area: 2730
  • SquareFootage: 2730.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Balcony

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 2

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 Sq Ft: 2500
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 04437-0046
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities, Electricity, Gas

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf1Bedrooms: 1
  • NumberOf2Bedrooms: 1
  • NumberOf3Bedrooms: 1
  • NumberOf4Bedrooms: 0

Tax Info

  • Tax Annual Amount: 7072
  • Tax Map Number: 04437-0046
  • 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
Apr 27, 2023
Closed on
Sep 20, 2023
Sold by
Gasparino Nicholas and Gasparino Nicholas
Bought by
Yasin Mohammad A
Seller's Agent
Philip Gasparino
Weichert Realtors
Buyer's Agent
Maureen King
Weichert Realtors
List Price
$925,000
Sold Price
$840,000
Premium/Discount to List
-$85,000
-9.19%
Views
70
Current Estimated Value
$927,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,823
Avg. Annual Appreciation
4.48%
Original Mortgage
$200,000
Outstanding Balance
$195,860
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$731,963
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Yasin Mohammad A $840,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yasin Mohammad A $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2023 09/20/23 Sold $840,000 0.0% $308 / Sq Ft
06/13/2023 06/13/23 Pending -- -- --
05/23/2023 05/23/23 Off Market $840,000 -- --
05/07/2023 05/07/23 For Sale $925,000 -- $339 / 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 $7,994 $41,386 $8,422 $32,964
2024 $7,994 $39,802 $7,432 $32,370
2023 $7,626 $37,549 $6,823 $30,726
2022 $7,072 $49,860 $9,780 $40,080
2021 $7,258 $47,880 $9,780 $38,100
2020 $7,300 $46,980 $9,780 $37,200
2019 $6,938 $44,100 $9,780 $34,320
2018 $6,379 $31,291 $8,645 $22,646
2017 $6,018 $29,520 $9,780 $19,740
2016 $5,745 $28,740 $9,780 $18,960
2015 $3,708 $30,210 $10,659 $19,551
2014 $3,708 $28,500 $10,860 $17,640
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2023

    Philip Gasparino

    Weichert Realtors

    Section Image

  • M

    Buyer's Agent in 2023

    Maureen King

    Weichert Realtors

    (914) 833-0800

    1 in this area

    3 Total Sales

    Maureen King
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY6245738

OneKey® MLS

APN: 04437-0046

New York Bronx County Bronx 10467 Allerton

2425 Matthews Ave, Bronx, NY

Not Listed for Sale

MultiFamily

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