NOT LISTED FOR SALE

Estimated Value: $891,373 - $1,066,000

4 Beds
3 Baths
2,585 Sq Ft
$380/Sq Ft Est. Value

Last Sold March 04, 2022

Last sale price $925,000 $358 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,977/month

31 Days on Market

Highlights

  • Window Unit Cooling System
  • 1 Car Garage
  • 4-minute walk to Bufano Park
  • Hot Water Heating System

About This Home

As of March 2022

Welcome to 2861 Coddington. A large legal two-family home for sale. This oversized two-family is located in the sought after area of Pelham Bay. This home features a large 1 bedroom, 1 bathroom apartment over a large 2 bedroom, 1 bathroom apartment over a 1 bedroom, 1 bathroom apartment in the walk-out basement. 2nd floor apartment features extremely large rooms. The living room, bathroom, kitchen and bedroom are all generously sized. And the 2nd floor unit has a large outside patio, which is ideal for entertaining or grilling. 1st floor unit features custom woodworking in the ceiling and a large open kitchen. This unit features 2 bedrooms as well as a large bathroom which is fully tiled. Basement has a walkout apartment with a 1 bed, 1 bathroom. This setup is ideal for the homeowner to receive extra rent to pay for the mortgage. This home is also just 5 blocks from the train station, ideal for the Manhatten commuter.

Last Agent to Sell the Property

Joseph Armato

Global Realty Development LLC License #10491207909 Listed on: 11/05/2021

Last Buyer's Agent

George Zhun Zhang

B Square Realty License #10301217166

B Square Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,147

Year Built

  • Built in 1920

Lot Details

  • No Common Walls

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • 2,585 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Oil
  • Oil Water Heater

Additional Features

  • Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 2-05376-0050

Community Details

Overview

  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,147

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1920
  • Attribution Contact: 914-960-4577
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Finished
  • Total Bedrooms: 4
  • Living Area: 2585.00
  • Square Footage: 2585.00

Garage/Parking

  • Total Parking Spaces: 2.00
  • Attached Garage: No
  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Description: Driveway, Garage

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Oil, Hot Water
  • Hot Water: Fuel Oil Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

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

  • Parcel Number: 2-05376-0050
  • Property Attached: No

Tax Info

  • Close Date: 2022-03-04
  • Tax Annual Amount: 7147.00
  • Tax Map Number: 2-05376-0050

Multi Family

  • Units Total: 2
  • 1 Bedrooms: 3
  • Two Bedrooms: 1
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3

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
Nov 5, 2021
Closed on
Mar 4, 2022
Sold by
Sancho-Persad Karen
Bought by
Huang Zhen Biao
Seller's Agent
Joseph Armato
Global Realty Development LLC
Buyer's Agent
George Zhun Zhang
B Square Realty
List Price
$949,000
Sold Price
$925,000
Premium/Discount to List
-$24,000
-2.53%
Current Estimated Value
$982,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,093
Avg. Annual Appreciation
1.15%
Original Mortgage
$550,000
Outstanding Balance
$515,754
Interest Rate
3.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$446,998
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
Huang Zhen Biao $930,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huang Zhen Biao $550,000
Previous Owner Sancho-Persad Karen $63,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2022 03/04/22 Sold $925,000 -2.5% $358 / Sq Ft
12/07/2021 12/07/21 Pending -- -- --
11/05/2021 11/05/21 For Sale $949,000 -- $367 / 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 $7,636 $38,448 $6,565 $31,883
2024 $7,636 $38,016 $6,310 $31,706
2023 $7,398 $36,427 $6,135 $30,292
2022 $7,187 $49,020 $9,600 $39,420
2021 $7,147 $42,480 $9,600 $32,880
2020 $6,782 $45,960 $9,600 $36,360
2019 $6,627 $37,020 $9,600 $27,420
2018 $6,188 $30,356 $9,523 $20,833
2017 $6,115 $30,000 $9,430 $20,570
2016 $5,658 $28,302 $7,848 $20,454
2015 $3,454 $26,700 $10,680 $16,020
2014 $3,454 $26,400 $10,680 $15,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6152530

OneKey® MLS

APN: 05376-0050