NOT LISTED FOR SALE

263 E 198th St Bronx, NY 10458

Bedford Park Neighborhood

Estimated Value: $633,000 - $813,000

6 Beds
2 Baths
2,148 Sq Ft
$340/Sq Ft Est. Value

Last Sold January 06, 2023

Last sale price $575,000 $268 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,305/month

78 Days on Market

Highlights

  • 0.05 Acre Lot
  • Window Unit Cooling System
  • Park
  • Property is near public transit

About This Home

As of January 2023

WELCOME INVESTORS! GOOD INVESTMENT! NEEDS WORK....R7B ZONING! TWO FAMILY WITH BASEMENT. FOUR BEDROOM OVER THREE BEDROOM. LIVING ROOM, 2 FIRE PLACE, 4 FULL BATHS, CLOSE TO SHOPPING, BUS TRANSPORTATION, SCHOOLS, PARKS AND MAJOR HIGHWAYS!

Last Agent to Sell the Property

Aileen Padilla

RE/MAX Boutique Realty License #10491208021 Listed on: 07/26/2022

Last Buyer's Agent

Mary Ann Lana

Douglas Elliman Real Estate License #30LA0792469

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,802

Year Built

  • Built in 1901

Lot Details

  • 2,317 Sq Ft Lot
  • No Common Walls

Home Design

  • 2,148 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 03296-0009

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

$4,802

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1901
  • Attribution Contact: 718-975-7632
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Living Area: 2148.00
  • Square Footage: 2148.00

Garage/Parking

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

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Garbage Removal: Other
  • Heating: Natural Gas, Radiant
  • Hot Water: Gas Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.0500
  • Lot Size Sq Ft: 2317.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 03296-0009
  • Property Attached: No

Tax Info

  • Close Date: 2023-01-06
  • Tax Annual Amount: 4802.00
  • Tax Map Number: 03296-0009

Multi Family

  • Units Total: 2
  • Three Bedrooms: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

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

Closed on
Feb 4, 2024
Sold by
Khwaja Sharif
Bought by
New Look Management Llc
Current Estimated Value
$729,523

Purchase Details

Listed on
Jul 26, 2022
Closed on
Feb 9, 2023
Sold by
263 E 198Th Street Realty Llc
Bought by
Khwaja Sharif
Seller's Agent
Aileen Padilla
RE/MAX Boutique Realty
Buyer's Agent
Aileen Padilla
RE/MAX Boutique Realty
List Price
$745,000
Sold Price
$575,000
Premium/Discount to List
-$170,000
-22.82%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.62%
Original Mortgage
$35,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 26, 2022
Closed on
Jan 6, 2023
Sold by
263 East 198Th St Llc
Bought by
263 E 198Th Street Realty Llc
Seller's Agent
Aileen Padilla
RE/MAX Boutique Realty
Buyer's Agent
Aileen Padilla
RE/MAX Boutique Realty
List Price
$745,000
Sold Price
$575,000
Premium/Discount to List
-$170,000
-22.82%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 13, 2022
Sold by
Revocable Trust Of Adelaida Wiegand and Wiegand
Bought by
263 East 198Th St Llc

Purchase Details

Closed on
Apr 5, 2022
Sold by
Estate Of William Wiegand and Wiegand Adelaida Executor
Bought by
Revocable Trust Of Adelaida Wiegand and Wiegand

Purchase Details

Closed on
Jul 9, 2003
Sold by
Fleming Theodoro R and Fleming Yvonne L
Bought by
Wiegand William
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
New Look Management Llc -- --
New Look Management Llc -- --
Khwaja Sharif -- --
Khwaja Sharif -- --
263 E 198Th Street Realty Llc $575,000 --
263 E 198Th Street Realty Llc $575,000 --
263 East 198Th St Llc -- --
263 East 198Th St Llc -- --
Revocable Trust Of Adelaida Wiegand -- --
Revocable Trust Of Adelaida Wiegand -- --
Wiegand William $260,000 --
Wiegand William $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Khwaja Sharif $35,000
Previous Owner 263 E 198Th Street Realty Llc $535,000
Previous Owner 263 E 198Th Street Realty Llc $0
Closed Wiegand William $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2023 01/06/23 Sold $575,000 -17.6% $268 / Sq Ft
10/12/2022 10/12/22 Pending -- -- --
08/30/2022 08/30/22 Price Changed $698,000 -6.3% $325 / Sq Ft
07/26/2022 07/26/22 For Sale $745,000 -- $347 / 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 $5,440 $27,373 $7,297 $20,076
2024 $5,440 $27,086 $7,179 $19,907
2023 $5,203 $25,619 $5,837 $19,782
2022 $4,828 $40,920 $11,100 $29,820
2021 $4,802 $38,580 $11,100 $27,480
2020 $4,828 $38,640 $11,100 $27,540
2019 $4,722 $35,700 $11,100 $24,600
2018 $4,352 $21,349 $7,287 $14,062
2017 $4,108 $20,154 $7,933 $12,221
2016 $3,802 $19,017 $7,517 $11,500
2015 $2,293 $19,009 $7,984 $11,025
2014 $2,293 $18,810 $7,054 $11,756
Source: Public Records

Agents Affiliated with this Home

  • Aileen Padilla

    Seller's Agent in 2023

    Aileen Padilla

    RE/MAX

    (917) 680-1428

    1 in this area

    51 Total Sales

    Aileen Padilla
    Section Image

  • M

    Buyer's Agent in 2023

    Mary Ann Lana

    Douglas Elliman Real Estate

    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY6201330

OneKey® MLS

APN: 03296-0009

New York Bronx County Bronx 10458 Bedford Park

263 E 198th St, Bronx, NY

Not Listed for Sale

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