NOT LISTED FOR SALE

2865 3rd Ave Bronx, NY 10455

Melrose Neighborhood

Estimated Value: $6,383,717

-- Bed
-- Bath
20,512 Sq Ft
$311/Sq Ft Est. Value

About This Home

This home is located at 2865 3rd Ave, Bronx, NY 10455 and is currently estimated at $6,383,717, approximately $311 per square foot. 2865 3rd Ave is a home located in Bronx County with nearby schools including Nancy Grayson Elementary School, Middle School 223 Laboratory School of Finance and Technology, and Hostos-Lincoln Academy of Science.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 19, 2024
Sold by
Melrose 3Rd Associates Llc
Bought by
Melco Management Llc
Current Estimated Value
$6,383,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,469,069
Outstanding Balance
$1,452,524
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$4,931,193
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Melco Management Llc $6,300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melco Management Llc $1,469,069
Source: Public Records

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 $205,192 $2,093,652 $472,500 $1,621,152
2024 $205,192 $1,937,232 $472,500 $1,464,732
2023 $196,438 $1,845,180 $472,500 $1,372,680
2022 $189,621 $1,763,100 $472,500 $1,290,600
2021 $169,152 $1,581,750 $472,500 $1,109,250
2020 $187,741 $1,980,900 $472,500 $1,508,400
2019 $182,476 $1,826,100 $472,500 $1,353,600
2018 $188,287 $1,710,900 $472,500 $1,238,400
2017 $180,073 $1,712,700 $472,500 $1,240,200
2016 $177,437 $1,678,050 $472,500 $1,205,550
2015 $80,145 $2,127,600 $472,500 $1,655,100
2014 $80,145 $1,979,550 $472,500 $1,507,050
Source: Public Records

Map

New York Bronx County Bronx 10455 Melrose

2865 3rd Ave, Bronx, NY

Not Listed for Sale

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