NOT LISTED FOR SALE

Estimated Value: $731,915 - $929,000

3 Beds
3 Baths
2,400 Sq Ft
$359/Sq Ft Est. Value

Last Sold July 21, 2017

Last sale price $659,000 $275 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $5,138/month

55 Days on Market

About This Home

As of July 2017

Custom brick legal 2 family with 2 car garage is located on a sunny street near Van Cortlandt Park. Intelligently designed for the architect's personal home, the 2 family can be easily reconfigured as a 2,400 s.f. single family home. Situated on a corner, the house has 3 open exposures for light all day. The first floor has a one bedroom and one bath unit and auxiliary room with bath and separate entrance. The expansive 2nd floor unit covers the entire top floor and is a 2 bedroom and one bath with dining room. Mint original details abound with custom plaster walls and ceiling moldings found in the entryways . With only 2 owners since 1947 the building has been carefully maintained and is in very good condition. Oak floors are throughout the house and the original tiles in the entryway are gorgeous. The windows have screens and storm windows and are in working order. The spacious auxiliary room has direct access to the first floor patio. Your 2 car garage has plenty of storage in the attic reached by a pull-down stair. 281 E. 241st St. is in the heart of everything Woodlawn Heights has to offer: shopping, post office, public library, restaurants, banks, hardware stores and park. With the bus at the corner for a short trip to the #5 train and Metro-North station, transportation is a breeze. Please note: This is a legal 2 family that was entered incorrectly in the NYC Dept. of Finance records. The NYC records will be corrected 5/25/2017 and will show on NYC on-line data. There are 2 gas meters which were upgraded in 2016 by ConEd and 2 electric meters.

Last Agent to Sell the Property

Carol Landon

Douglas Elliman Real Estate License #30LA1094344 Listed on: 04/25/2017

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 2,178

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Utilities

  • Heating System Uses Steam

Community Details

  • 2 Units
  • Woodlawn Subdivision

Listing and Financial Details

  • Tax Block 3381

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Cross Street: Katonah
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: WOODLAWN
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Living Area: 2400.0
  • Living Area Units: Square Feet

Beds/Baths

  • Bathrooms Integer: 3
  • Bedrooms: 3

Utilities

  • Heating: Building Steam

Building Info

  • Units: 2
  • Total Stories: 2
  • Year Built: 1947

Tax Info

  • Tax Block: 3381

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2017
Closed on
Jul 18, 2017
Sold by
Moschetta Joseph and Moschetta Maria
Bought by
Flynn Gerard
Seller's Agent
Carol Landon
Douglas Elliman Real Estate
List Price
$749,000
Sold Price
$659,000
Premium/Discount to List
-$90,000
-12.02%
Current Estimated Value
$861,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,729
Avg. Annual Appreciation
3.22%
Original Mortgage
$450,000
Outstanding Balance
$373,874
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$487,855
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
Flynn Gerard $659,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flynn Gerard $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/21/2017 07/21/17 Sold $659,000 0.0% $275 / Sq Ft
07/18/2017 07/18/17 Sold $659,000 -5.7% $275 / Sq Ft View Prior Sale
06/21/2017 06/21/17 Pending -- -- --
05/26/2017 05/26/17 Pending -- -- --
05/26/2017 05/26/17 For Sale $699,000 -6.7% $291 / Sq Ft
04/26/2017 04/26/17 For Sale $749,000 -- $312 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $7,475 $37,498 $8,718 $28,780
2024 $7,475 $37,216 $7,840 $29,376
2023 $7,130 $35,109 $7,331 $27,778
2022 $6,612 $46,680 $9,960 $36,720
2021 $6,576 $38,880 $9,960 $28,920
2020 $6,614 $40,440 $9,960 $30,480
2019 $6,488 $32,580 $9,960 $22,620
2018 $5,964 $29,258 $9,467 $19,791
2017 $5,327 $27,602 $9,275 $18,327
2016 $4,896 $26,040 $9,960 $16,080
2015 $3,360 $29,692 $10,691 $19,001
2014 $3,360 $28,365 $10,214 $18,151
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10464592

Real Estate Board of New York (REBNY)

APN: 03381-0064