$1,040,000
SOLD JAN 23, 2025

255 Mount Hope Place Bronx, NY 10457

Mount Hope Neighborhood
12 Beds
4 Baths
3,114 Sq Ft
1,858 Sq Ft Lot

Recently Sold

$334 Per Sq Ft

20% Below List Price

0 Day on Market

Highlights

  • The property is located in a historic district
  • 5-minute walk to Tremont Avenue
  • Main Floor Primary Bedroom
  • Property is near public transit, schools, and shops
  • Wood Flooring
  • 3-minute walk to Richman (Echo) Park

About This Home

As of January 2025

3 Family Investment Property ... 4 Bedrooms Over 4 Bedrooms Over 4 Bedrooms ... Beautiful Backyard ... Close To Transportation, Schools, and Shopping ... R8 Zoning! ... Will Be Delivered Vacant! Call For More Details

Last Agent to Sell the Property

Ronald Ferrara

Keller Williams Landmark II Brokerage Phone: 347-846-1200 License #10401255552 Listed on: 01/15/2025

Keller Williams Landmark II

Co-Listed By

Milos Curcic

Keller Williams Landmark II Brokerage Phone: 347-846-1200 License #10401322074

Last Buyer's Agent

Ronald Ferrara

Keller Williams Landmark II Brokerage Phone: 347-846-1200 License #10401255552 Listed on: 01/15/2025

Keller Williams Landmark II

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,031

Year Built

  • Built in 1899

Lot Details

  • 1,858 Sq Ft Lot
  • Lot Dimensions are 18.58x100
  • Back Yard Fenced

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,114 Sq Ft Home
  • 1 Fireplace
  • Wood Flooring
  • Fire Escape

Bedrooms and Bathrooms

  • 12 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • 4 Full Bathrooms

Partially Finished Basement

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

Location

  • Property is near public transit, schools, and shops
  • The property is located in a historic district

Schools

  • Ps 28 Mount Hope Elementary School
  • Is 313 School Of Leadership Dev Middle School
  • Bronx Leadership Acad High School

Utilities

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

Community Details

  • Park

Listing and Financial Details

  • Exclusions: TV Dish
  • Legal Lot and Block 41 / 2804
  • Assessor Parcel Number 02804-0041

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,031

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Other
  • Property SubType: Single Family Residence
  • Exclusions: TV Dish
  • Year Built: 1899
  • Attribution Contact: 347-846-1200
  • Co List Office Mls Id: KEYKLRW01
  • Co List Office Phone: 347-846-1200
  • Carport Y N: No
  • CurrentPrice: 1040000.00
  • MlsMajorChangeType: Sold
  • CurrentPrice_By_LivingArea: 333.97559
  • ListPrice_By_LivingArea: 417.46949
  • ListPrice_By_OriginalListPrice: 1.00000
  • LivingAreaSearchSqFt: 3114.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Master Downstairs, First Floor Bedroom, Primary Bathroom
  • Fireplaces: 1
  • Flooring: Hardwood
  • Full Bathrooms: 4
  • Basement: Full, Partially Finished, Walk-Out Access
  • Total Bedrooms: 12
  • Living Area: 3114
  • Basement YN: No
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Materials: Brick
  • Fencing: Back Yard, Fenced
  • Pool Private: No
  • Spa: No
  • Waterfront: No

Garage/Parking

  • Garage: No
  • Parking Description: None

Utilities

  • Cooling: None
  • Heating: Oil, Hot Water
  • Security: Fire Escape
  • Sewer: Public Sewer
  • Utilities: None
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Park
  • Senior Community: No
  • Association: No

Schools

  • Middle School: Is 313 School Of Leadership Dev

Lot Info

  • Lot Dimensions: 18.58x100
  • Lot Size Sq Ft: 1858
  • Lot Features: Near Public Transit, Near School, Near Shops, Historic District, Stone/Brick Wall
  • Parcel Number: 02804-0041
  • Property Attached: Yes

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 4030.76
  • Tax Block: 2804
  • Tax Lot: 41
  • Tax Year: 2021

MLS Schools

  • Elementary School: Ps 28 Mount Hope
  • High School: Bronx Leadership Acad High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2025
Closed on
Jan 9, 2025
Sold by
Estate Of Eleanor Jacobs and Suzette Jacobs As Administrator
Bought by
255 Masser Llc
Seller's Agent
Ronald Ferrara
Keller Williams Landmark II
Buyer's Agent
Ronald Ferrara
Keller Williams Landmark II
List Price
$1,300,000
Sold Price
$1,040,000
Premium/Discount to List
-$260,000
-20%
Views
23
Current Estimated Value
$1,094,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,000
Avg. Annual Appreciation
5.30%
Original Mortgage
$1,150,000
Outstanding Balance
$1,141,827
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$47,827
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 Type Sale Price Title Company
Deed $1,040,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,150,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2025 01/23/25 Sold $1,040,000 -20.0% $334 / Sq Ft
01/15/2025 01/15/25 Pending -- -- --
01/15/2025 01/15/25 For Sale $1,300,000 -- $417 / 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 $4,224 $21,206 $4,498 $16,708
2024 $4,224 $21,029 $4,651 $16,378
2023 $4,031 $19,847 $4,232 $15,615
2022 $1,168 $38,040 $9,660 $28,380
2021 $1,151 $39,840 $9,660 $30,180
2020 $1,211 $43,980 $9,660 $34,320
2019 $1,174 $39,180 $9,660 $29,520
2018 $1,027 $16,539 $5,053 $11,486
2017 $945 $15,614 $4,465 $11,149
2016 $853 $14,748 $4,926 $9,822
2015 $450 $14,727 $4,495 $10,232
2014 $450 $14,604 $5,083 $9,521
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: 814058

OneKey® MLS

APN: 02804-0041