NOT LISTED FOR SALE

2866 E 197th St Bronx, NY 10461

Middletown-Pelham Bay Neighborhood

Estimated Value: $902,000 - $1,071,000

6 Beds
3.5 Baths
2,040 Sq Ft
$485/Sq Ft Est. Value

Last Sold April 23, 2021

Last sale price $840,000 $412 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,904/month

100 Days on Market

Highlights

  • Basketball Court
  • Wood Flooring
  • Formal Dining Room
  • Property is near public transit
  • Main Floor Primary Bedroom
  • 4-minute walk to Colucci Playground

About This Home

As of April 2021

IT'S A MUST SEE!!! PERFECT INCOME OPPORTUNITY!! LOCATION...LOCATION...LOCATION 3 FAMILY FRAME DETACHED HOME IN THE HEART OF PELHAM BAY This well maintained, "MOVE IN READY" home, has HIGH ceilings, Hardwood Floors, Large BRs, Huge Closets and Storage space galore 2nd & 3rd Floors Identical Layout 2BR's Kitchen, LRG LR, DR, Full Baths with potential to expand into 3 BR's. Walk into 1 BR apartment at Front and Efficiency apt at the Back with potential to merge into a 2 BR unit. 2 Car Garage in the back. Walk to #6 Train, Shops Exp Buses & Highways. IT'S A MUST SEE

Last Agent to Sell the Property

Maria Paleatsos

MP Power Realty Corp License #10311201238 Listed on: 10/13/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,282

Year Built

  • Built in 1910 | Remodeled in 2010

Lot Details

  • 2,500 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Car Detached Garage
  • Driveway
  • On-Street Parking
  • Parking Lot
  • Off-Street Parking

Home Design

  • 2-Story Property
  • Vinyl Siding

Interior Spaces

  • 2,040 Sq Ft Home
  • Skylights
  • Formal Dining Room
  • Storage
  • Wood Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Finished Basement

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Oil
  • Oil Water Heater

Additional Features

  • Basketball Court
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for all utilities, electricity, gas, heat
  • Assessor Parcel Number 04243-0023

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,282

Year Built

Built in 1910 | Remodeled in 2010

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: 2 Story, Bilevel
  • Property SubType: Multi Family
  • Year Built: 1910
  • Year Built Effective: 2010
  • Attribution Contact: 718-829-2050
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2010

Interior Features

  • Interior Amenities: Master Downstairs, 1st Floor Bedrm, Formal Dining Room, Pantry, Storage, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 6
  • Living Area: 2040.00
  • Window Features: Skylight(s)
  • Square Footage: 2040.00

Exterior Features

  • Construction Materials: Vinyl Siding
  • Exterior Features: Basketball Court

Garage/Parking

  • Total Parking Spaces: 2.00
  • Attached Garage: No
  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Description: Detached, 2 Car Detached, Driveway, Garage, Parking Lot, Off Street, Storage, On Street

Utilities

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

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.0600
  • Lot Size Sq Ft: 2500.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04243-0023
  • Property Attached: No

Rental Info

  • Tenant Pays: All Utilities, Electricity, Gas, Heat

Tax Info

  • Close Date: 2021-04-23
  • Tax Annual Amount: 8282.00
  • Tax Map Number: 04243-0023

Multi Family

  • Units Total: 3
  • 1 Bedrooms: 2
  • Two Bedrooms: 2
  • Separate Electric Meters: 4
  • 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
Oct 13, 2020
Closed on
Mar 25, 2021
Sold by
Crain Magdalene and Crain Scott D
Bought by
Neder Jayme S
Seller's Agent
Maria Paleatsos
MP Power Realty Corp
List Price
$899
Sold Price
$840,000
Premium/Discount to List
$839,101
93337.15%
Current Estimated Value
$989,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,175
Avg. Annual Appreciation
3.54%
Original Mortgage
$840,000
Outstanding Balance
$755,528
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$233,647
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Neder Jayme S $840,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neder Jayme S $840,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/23/2021 04/23/21 Sold $840,000 -1.2% $412 / Sq Ft
01/21/2021 01/21/21 Pending -- -- --
11/07/2020 11/07/20 Price Changed $849,999 -5.5% $417 / Sq Ft
10/13/2020 10/13/20 Price Changed $899,000 +99900.0% $441 / Sq Ft
10/13/2020 10/13/20 For Sale $899 -- $0 / 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 $8,839 $46,648 $7,921 $38,727
2024 $8,839 $44,008 $8,075 $35,933
2023 $8,432 $41,518 $8,897 $32,621
2022 $7,819 $44,460 $11,340 $33,120
2021 $7,532 $43,980 $11,340 $32,640
2020 $3,455 $46,200 $11,340 $34,860
2019 $3,543 $39,780 $11,340 $28,440
2018 $3,229 $34,598 $10,169 $24,429
2017 $3,027 $32,640 $11,340 $21,300
2016 $2,989 $33,009 $10,295 $22,714
2015 $3,761 $33,009 $12,558 $20,451
2014 $3,761 $32,761 $12,463 $20,298
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Maria Paleatsos

    MP Power Realty Corp

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Map

Source: OneKey® MLS

MLS Number: KEY6077057

OneKey® MLS

APN: 04243-0023

New York Bronx County Bronx 10461 Middletown-Pelham Bay

2866 E 197th St, Bronx, NY

Not Listed for Sale

MultiFamily

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