NOT LISTED FOR SALE

284 Reservoir Place Bronx, NY 10467

Norwood Neighborhood

Estimated Value: $689,000 - $772,000

7 Beds
2 Baths
2,264 Sq Ft
$324/Sq Ft Est. Value

Last Sold February 27, 2023

Last sale price $270,000 $119 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $4,444/month

529 Days on Market

Highlights

  • Colonial Architecture
  • 4-minute walk to Williams Bridge Station
  • Hot Water Heating System
  • Property is near public transit
  • Park
  • 3-minute walk to Reservoir Oval Park

About This Home

As of February 2023

Large 2 family house in need of renovation. Property is sold strictly as is and subject to a NYC relocation lien exceeding $210K and housing and building violations with open default judgements and fines per the NYC website.

Last Agent to Sell the Property

Joe Hasselt

Joe Hasselt Real Estate License #35HA0410049 Listed on: 08/19/2021

Last Buyer's Agent

Non OneKey Agent

Non-Member MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,028

Year Built

  • Built in 1910

Lot Details

  • 2,200 Sq Ft Lot
  • No Common Walls

Parking

  • On-Street Parking

Home Design

  • 2,264 Sq Ft Home
  • Colonial Architecture
  • Frame Construction
  • Vinyl Siding

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Full Bathrooms

Basement

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

Location

  • Property is near public transit

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Oil
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 03343-0165

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

$5,028

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1910
  • Attribution Contact: 718-892-1700
  • 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
  • Basement: Full, Walk-Out Access
  • Total Bedrooms: 7
  • Living Area: 2264.00
  • Square Footage: 2264.00

Exterior Features

  • Construction Materials: Frame, Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: On Street

Utilities

  • Cooling: None
  • Cooling: No
  • Garbage Removal: Public
  • Heating: Oil, Hot Water
  • Hot Water: Gas Stand Alone
  • Sewer: Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Call Listing Agent
  • Middle School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.0500
  • Lot Size Area: 0.0500
  • Lot Size Sq Ft: 2200.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 03343-0165
  • Property Attached: No

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Close Date: 2023-02-27
  • Included in Taxes: Trash
  • Tax Annual Amount: 5028.00
  • Tax Map Number: 03343-0165

Multi Family

  • Units Total: 2
  • Four Bedrooms: 8
  • 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

Listed on
Aug 19, 2021
Closed on
Feb 24, 2023
Sold by
Diplomat Property Manager Llc
Bought by
Hr Reservoir Llc
Seller's Agent
Joe Hasselt
Joe Hasselt Real Estate
Buyer's Agent
Non OneKey Agent
Non-Member MLS
List Price
$299,900
Sold Price
$270,000
Premium/Discount to List
-$29,900
-9.97%
Views
111
Current Estimated Value
$733,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$463,837
Avg. Annual Appreciation
49.17%

Purchase Details

Closed on
Dec 19, 2016
Sold by
Barry R Fertel Esq
Bought by
Diplomat Property Management Services

Purchase Details

Closed on
Aug 24, 2006
Sold by
248 Ny Llc
Bought by
Smith Leonard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,500
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 11, 2005
Sold by
Estate Of Bronx Park Avenue Realty Corp
Bought by
284 Ny Llc

Purchase Details

Closed on
Mar 13, 1995
Sold by
Medina Elsie
Bought by
Bronx Park Avenue Realty Corp
Source: Public Records

Range of Values:

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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
Hr Reservoir Llc $273,780 --
Diplomat Property Management Services $469,775 --
Smith Leonard $470,000 --
284 Ny Llc $295,000 --
Bronx Park Avenue Realty Corp -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hr Reservoir Llc $624,000
Previous Owner Smith Leonard $352,500
Previous Owner Smith Leonard $94,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2023 02/27/23 Sold $270,000 -10.0% $119 / Sq Ft
01/30/2023 01/30/23 Pending -- -- --
01/30/2023 01/30/23 For Sale $299,900 +11.1% $132 / Sq Ft
01/25/2023 01/25/23 Off Market $270,000 -- --
12/13/2022 12/13/22 Price Changed $299,900 -14.3% $132 / Sq Ft
06/23/2022 06/23/22 Price Changed $349,900 -17.7% $155 / Sq Ft
05/18/2022 05/18/22 Price Changed $424,900 -5.6% $188 / Sq Ft
04/06/2022 04/06/22 For Sale $449,900 +66.6% $199 / Sq Ft
03/31/2022 03/31/22 Off Market $270,000 -- --
03/15/2022 03/15/22 Price Changed $449,900 -21.7% $199 / Sq Ft
01/11/2022 01/11/22 Price Changed $574,900 -4.2% $254 / Sq Ft
12/01/2021 12/01/21 Price Changed $599,900 -7.6% $265 / Sq Ft
10/15/2021 10/15/21 Price Changed $649,500 -10.4% $287 / Sq Ft
08/19/2021 08/19/21 For Sale $724,500 -- $320 / 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 $28,663 $4,966 $23,697
2024 $5,440 $27,086 $5,322 $21,764
2023 $5,450 $26,836 $4,535 $22,301
2022 $5,056 $43,260 $8,700 $34,560
2021 $5,028 $37,440 $8,700 $28,740
2020 $5,056 $39,060 $8,700 $30,360
2019 $2,865 $31,500 $8,700 $22,800
2018 $4,559 $22,363 $7,270 $15,093
2017 $4,302 $21,105 $6,539 $14,566
2016 $3,980 $19,911 $5,797 $14,114
2015 $2,401 $19,905 $7,470 $12,435
2014 $2,401 $18,810 $7,210 $11,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6138532

OneKey® MLS

APN: 03343-0165