NOT LISTED FOR SALE

Estimated Value: $811,000 - $996,000

4 Beds
3.5 Baths
2,200 Sq Ft
$416/Sq Ft Est. Value

Last Sold November 07, 2023

Last sale price $963,050 $438 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $5,480/month

5 Days on Market

Highlights

  • Property is near public transit
  • 4-minute walk to Middletown Road
  • Formal Dining Room
  • Wood Flooring
  • Granite Countertops
  • Porch

About This Home

As of November 2023

Welcome to 2868 Zulette Avenue. This impeccably maintained legal 2-family home exudes character and charm, boasting a total of 4 bedrooms and 3.5 bathrooms. The main duplex offers 3 bedrooms and 2.5 bathrooms, seamlessly blending style and functionality. An elegant U-shaped kitchen adorned with a custom wrap-around tile backsplash and modern stainless steel appliances awaits, connecting to a spacious dining room, ideal for entertaining guests. A few steps away, unwind in the main living room or enjoy time outside on your private covered porch. A convenient half bathroom, as well as modern LG laundry appliances, complete this level. Upstairs, 3 bedrooms and 2 full bathrooms await. The primary bedroom boasts a large walk-in closet and an en-suite bathroom. The remaining 2 bedrooms feature generous closet space and ample light throughout the day. The basement apartment, with its private entrance, consists of 1 bedroom, 1 full bathroom, a sizable living room, a complete kitchen with a breakfast nook, and lots of closets. It is a versatile space indeed perfect for rental income, an in-law suite, or to be enjoyed in conjunction with the easily accessible duplex upstairs. Outside, enjoy a gated driveway for private and secure off-street parking, alongside a wraparound patio. A custom-designed garden graces the front, adding a touch of nature to your space. Rarely found, this home boasts central air conditioning for the ultimate comfort year-round! Discover more than just a home find your sanctuary at 2868 Zulette Avenue.

Last Agent to Sell the Property

Matthew Critelli

Criterion Real Estate, LLC License #10401266499 Listed on: 08/15/2023

Last Buyer's Agent

Matthew Critelli

Criterion Real Estate, LLC License #10401266499 Listed on: 08/15/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,960

Year Built

  • Built in 1998

Lot Details

  • 2,026 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,200 Sq Ft Home
  • Formal Dining Room
  • Wood Flooring
  • Granite Countertops
  • Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Parking

  • 1 Parking Space
  • Private Parking
  • Driveway
  • Off-Street Parking

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • Porch
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 05387-0010

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,960

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1998
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Formal Dining, Granite Counters, Master Bath, Pantry, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Finished
  • Total Bedrooms: 4
  • Living Area: 2200
  • SquareFootage: 2200.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Brick
  • Patio and Porch Features: Porch

Garage/Parking

  • Total Parking Spaces: 1
  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway, Off Street, Private

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Size Sq Ft: 2026
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 05387-0010
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 1
  • Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 6960
  • Tax Map Number: 05387-0010

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 15, 2023
Closed on
Nov 7, 2023
Sold by
Mejia Fernando
Bought by
Saleh Ahmed Musaed Ahmed
Seller's Agent
Matthew Critelli
Criterion Real Estate, LLC
Buyer's Agent
Matthew Critelli
Criterion Real Estate, LLC
List Price
$935,000
Sold Price
$963,050
Premium/Discount to List
$28,050
3%
Views
882
Current Estimated Value
$914,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$48,612
Avg. Annual Appreciation
-1.65%
Original Mortgage
$750,000
Outstanding Balance
$738,786
Interest Rate
7.49%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$195,157

Purchase Details

Closed on
Jun 28, 1999
Sold by
2862-66 Zulette Corp
Bought by
Gallo Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,500
Interest Rate
7.85%
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
Saleh Ahmed Musaed Ahmed $963,050 --
Gallo Frank $315,000 The Judicial Title Ins Agenc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saleh Ahmed Musaed Ahmed $750,000
Previous Owner Mejia Fernando $105,027
Previous Owner Mejia Fernando $8,452
Previous Owner Mejia Fernando $8,956
Previous Owner Mejia Fernando $182,000
Previous Owner Mejia Fernando $412,999
Previous Owner Mejia Fernando $15,000
Previous Owner Mejia Fernando $3,017
Previous Owner Gallo Frank $283,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2023 11/07/23 Sold $963,050 +3.0% $438 / Sq Ft
08/21/2023 08/21/23 Pending -- -- --
08/15/2023 08/15/23 For Sale $935,000 -- $425 / 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 $7,296 $37,584 $8,142 $29,442
2024 $7,296 $36,328 $7,416 $28,912
2023 $6,960 $34,272 $7,344 $26,928
2022 $6,842 $43,800 $10,620 $33,180
2021 $6,987 $37,800 $10,620 $27,180
2020 $6,630 $37,740 $10,620 $27,120
2019 $6,333 $30,420 $10,620 $19,800
2018 $5,822 $28,560 $10,620 $17,940
2017 $5,978 $29,325 $9,386 $19,939
2016 $5,531 $27,666 $9,794 $17,872
2015 $3,506 $26,100 $11,820 $14,280
2014 $3,506 $26,100 $11,820 $14,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6264454

OneKey® MLS

APN: 05387-0010