NOT LISTED FOR SALE

2840 Wellman Ave Bronx, NY 10461

Schuylerville Neighborhood

Estimated Value: $810,533 - $1,328,000

-- Bed
-- Bath
2,840 Sq Ft
$359/Sq Ft Est. Value

Last Sold January 15, 2014

Last sale price $465,000 $164 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $5,997/month

108 Days on Market

Highlights

  • 2 Car Detached Garage
  • 5-minute walk to Middletown Road
  • Hot Water Baseboard Heater
  • Cooling Available

About This Home

As of January 2014

TOTALLY RENOVATED 3 FAMILY HOME IN EXCELLENT CONDITION. LISTED RENTS ARE BELOW MARKET VALUE AND SHOULD PROVIDE A HIGHER RETURN. EXCELLENT INVESTMENT PROPERTY OR ENJOY YOUR OWN HOME WITH INCOME FOR MORTGAGE ASSISTANCE. HOME ALSO HAS A DETACHED 2 CAR GARAGE FOR ADDITIONAL RENTAL INCOME.TURN KEY BUILDING SELF SUSTAINING INCOME GENERATING.

Last Agent to Sell the Property

Michael Blasi

Sherlock Homes of NY, Inc. License #10311202068 Listed on: 05/28/2013

Co-Listed By

Alphonse Giordano

Sherlock Homes of NY, Inc. License #10301200497

Last Buyer's Agent

Broker Non-MLS

MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,505

Year Built

  • Built in 1925

Lot Details

  • 2,375 Sq Ft Lot
  • Lot Dimensions are 20x44

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,840 Sq Ft Home
  • 3-Story Property

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Hot Water Baseboard Heater
  • 220 Volts
  • Individual Gas Meter

Community Details

  • 3 Units
  • Gross Income $43,200

Listing and Financial Details

  • Legal Lot and Block 0026 / 05383
  • Assessor Parcel Number 05383-0026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,505

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: 3F
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.05
  • Lot Size: 20X44
  • Co List Office Mls Id: o10165
  • Co List Office Phone: 718-966-9900
  • Directions: ERICSON TO WELLMAN
  • New Construction: No
  • Building Stories: 3
  • Year Built Details: Approx
  • Year Built: 1925
  • General Property Info:Public Remarks3: TOTALLY RENOVATED 3 FAMILY HOME IN EXCELLENT CONDITION. LISTED RENTS ARE BELOW MARKET VALUE AND SHOULD PROVIDE A HIGHER RETURN. EXCELLENT INVESTMENT PROPERTY OR ENJOY YOUR OWN HOME WITH INCOME FOR MORTGAGE ASSISTANCE. HOME ALSO HAS A DETACHED 2 CAR GARAGE FOR ADDITIONAL RENTAL INCOME.TURN KEY BUILDING SELF SUSTAINING INCOME GENERATING.
  • ContractLocation Information:List PriceSqFt2: 193.31
  • General Property Info:Tax Abated: No
  • General Property Info:Condition: Excellent
  • Income Expenses Gross Income: 43200.0
  • Annual Expenses: 12101.0
  • Income Expenses Net Income: 31099.0
  • General Property Info: Number of AC Units: 1.0
  • General Property Info:Year Built Info: Approx
  • Special Features: None
  • Stories: 3
  • Year Built: 1925

Interior Features

  • General Property Info:Stories2: 3.0
  • General Property Info:Basement Type: None
  • Appliances:Total Number Ranges: 3
  • Appliances:Total Number Washers: 1
  • Appliances:Total Number Dryers: 1
  • General Property Info Basement Desc: None

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Off Street, Detached
  • Parking:Off Street: Yes
  • Garage Location:Detached: Yes

Utilities

  • Cooling Y N: Yes
  • Heating: Hot Water, Natural Gas
  • Heating Yn: Yes
  • Electric: 220 Volts
  • Sewer: City
  • General Property Info:No of Heating Units: 3.0
  • General Property Info:Air Conditioner: Units
  • Sewer:City3: Yes
  • Electric:_two_20: Yes
  • Heat Source:Gas2: Yes
  • Siding:Vinyl Siding: Yes
  • Heat System:Hot Water2: Yes
  • Electric Meters:Individual: Yes
  • Gas Meters:Individual2: Yes

Lot Info

  • Lot Size Sq Ft: 2375.0
  • Lot Size Units: Square Feet
  • Parcel #: 05383-0026
  • Zoning: R4A
  • ResoLotSizeUnits: SquareFeet
  • General Property Info:Lot Size SqFt: 2375.0
  • General Property Info:Lot Dim: 25X95

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 43200.0
  • Property Net Operating Income: 31099.0
  • Annual Operating Expense: 12101.0

Tax Info

  • Tax Annual Amount: 4505.0
  • Tax Block: 05383
  • Tax Lot: 0026
  • General Property Info:Taxes2: 4505.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2013
Closed on
Jan 14, 2014
Sold by
Tramantano Carla
Bought by
Wellman Avenue Realty Llc
Seller's Agent
Michael Blasi
Sherlock Homes of NY, Inc.
Buyer's Agent
Broker Non-MLS
MLS
List Price
$465,000
Sold Price
$465,000
Current Estimated Value
$1,019,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$554,883
Avg. Annual Appreciation
6.89%

Purchase Details

Closed on
Oct 6, 1997
Sold by
Carcia Vincent Frank and Carcia Vincent Frank
Bought by
Tramantano Peter and Tramantano Carla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Interest Rate
7.11%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Wellman Avenue Realty Llc $465,000 --
Tramantano Peter $105,000 --
Tramantano Peter $105,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tramantano Peter $178,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2014 01/15/14 Sold $465,000 0.0% $164 / Sq Ft
09/13/2013 09/13/13 Pending -- -- --
05/28/2013 05/28/13 For Sale $465,000 -- $164 / Sq Ft
Source: Staten Island Multiple Listing Service

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 $7,913 $41,761 $8,810 $32,951
2024 $7,913 $39,397 $7,531 $31,866
2023 $7,548 $37,168 $7,400 $29,768
2022 $7,000 $44,820 $10,620 $34,200
2021 $7,379 $46,020 $10,620 $35,400
2020 $7,366 $41,340 $10,620 $30,720
2019 $6,868 $33,300 $10,620 $22,680
2018 $6,314 $30,973 $8,539 $22,434
2017 $5,956 $29,220 $10,620 $18,600
2016 $5,936 $29,692 $9,916 $19,776
2015 $3,378 $29,467 $11,338 $18,129
2014 $3,378 $27,800 $10,696 $17,104
Source: Public Records

Agents Affiliated with this Home

  • Michael Blasi

    Seller's Agent in 2014

    Michael Blasi

    Sherlock Homes of NY, Inc.

    (732) 576-2200

    43 Total Sales

    Michael Blasi
    Section Image

  • A

    Seller Co-Listing Agent in 2014

    Alphonse Giordano

    Sherlock Homes of NY, Inc.

  • B

    Buyer's Agent in 2014

    Broker Non-MLS

    MLS

See All Agents

Map

Source: Staten Island Multiple Listing Service

MLS Number: 1082309

Staten Island Multiple Listing Service

APN: 05383-0026

New York Bronx County Bronx 10461 Schuylerville

2840 Wellman Ave, Bronx, NY

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