NOT LISTED FOR SALE

278 Summit Ave Mount Vernon, NY 10552

North Side Neighborhood

Estimated Value: $689,492 - $852,000

Studio
-- Bath
3,000 Sq Ft
$266/Sq Ft Est. Value

Last Sold October 28, 2015

Last sale price $480,000 $160 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $4,929/month

233 Days on Market

Highlights

  • Chalet
  • 2 Car Detached Garage
  • Park
  • Property is near public transit
  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System

About This Home

As of October 2015

Legal 3 Family with nothing to do. Live in one unit and let the tenants pay your mortgage. Rental income is $4600 a month. New Boiler and windows. Fenced Yard and long driveway that fits 5 cars and 2 Car Garage. A/O NO MORE SHOWINGS

Last Agent to Sell the Property

Jamal Hadi

Keller Williams Realty Group Brokerage Phone: 914-713-3270 License #49HA1164794 Listed on: 01/31/2015

Keller Williams Realty Group

Last Buyer's Agent

Daniel Carello

Daniel T. Carello Realty License #35CA0461432

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,893

Year Built

  • Built in 1906

Lot Details

  • 6,778 Sq Ft Lot
  • No Common Walls
  • Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Chalet
  • Vinyl Siding

Interior Spaces

  • 3,000 Sq Ft Home
  • Finished Basement
  • Basement Fills Entire Space Under The House

Location

  • Property is near public transit

Schools

  • Lincoln Elementary School
  • Ab Davis Steam High Middle School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 0800-165-039-02055-000-0003

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,893

Year Built

Built in 1906

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Chalet
  • Property SubType: Multi Family
  • Year Built: 1906
  • Attribution Contact: 914-713-3270
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Basement: Finished, Full
  • Living Area: 3000
  • SquareFootage: 3000.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Vinyl Siding
  • Fencing: Fenced

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Detached, 2 Car Detached

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Sewer: Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Ab Davis Steam High School

Lot Info

  • Lot Size Acres: 0.16
  • Lot Dimensions: 0.1556
  • Lot Size Sq Ft: 6778
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 0800-165-039-02055-000-0003
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

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

Tax Info

  • Tax Annual Amount: 17893
  • Tax Map Number: 0800-165-039-02055-000-0003
  • IncludedInTaxes: Sewer,Trash

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2015
Closed on
Oct 27, 2015
Sold by
Padilla Kepler and Padilla Hilda
Bought by
Auricchio Antonio and Auricchio Diana M
Seller's Agent
Jamal Hadi
Keller Williams Realty Group
Buyer's Agent
Daniel Carello
Daniel T. Carello Realty
List Price
$520,000
Sold Price
$480,000
Premium/Discount to List
-$40,000
-7.69%
Current Estimated Value
$797,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,873
Avg. Annual Appreciation
5.09%
Original Mortgage
$439,560
Outstanding Balance
$345,265
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$452,608

Purchase Details

Closed on
Aug 26, 2003
Sold by
Padilla Kepler and Padilla Hilda
Bought by
Padilla Kepler and Padilla Hilda

Purchase Details

Closed on
Jul 12, 2001
Sold by
Costa Luis and Costa Maria
Bought by
Padilla Kepler and Padilla Hilda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,148
Interest Rate
6.98%
Mortgage Type
FHA
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
Auricchio Antonio $480,000 Record & Return Title Agency
Padilla Kepler -- Old Republic Natl Title Ins
Padilla Kepler $398,900 The Judicial Title Ins Agenc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Auricchio Antonio $439,560
Previous Owner Padilla Kepler $355,148
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2015 10/28/15 Sold $480,000 -7.7% $160 / Sq Ft
09/22/2015 09/22/15 Pending -- -- --
01/31/2015 01/31/15 For Sale $520,000 -- $173 / 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
2024 -- $12,000 $3,350 $8,650
2023 $15,407 $12,000 $3,350 $8,650
2022 $18,920 $12,000 $3,350 $8,650
2021 $18,579 $12,000 $3,350 $8,650
2020 $17,696 $12,000 $3,350 $8,650
2019 $19,443 $12,000 $3,350 $8,650
2018 $10,117 $13,350 $3,350 $10,000
2017 $0 $13,350 $3,350 $10,000
2016 $19,015 $13,350 $3,350 $10,000
2015 -- $13,350 $3,350 $10,000
2014 -- $13,350 $3,350 $10,000
2013 -- $13,350 $3,350 $10,000
Source: Public Records

Agents Affiliated with this Home

  • Jamal Hadi

    Seller's Agent in 2015

    Jamal Hadi

    Keller Williams Realty Group

    (914) 438-7528

    1 in this area

    21 Total Sales

    Jamal Hadi
    Section Image

  • D

    Buyer's Agent in 2015

    Daniel Carello

    Daniel T. Carello Realty

See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY4504012

OneKey® MLS

APN: 0800-165-039-02055-000-0003

New York Westchester County Mount Vernon 10552 North Side

278 Summit Ave, Mount Vernon, NY

Not Listed for Sale

MultiFamily

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