NOT LISTED FOR SALE

2871 Wellman Ave Unit 1 Bronx, NY 10461

Schuylerville Neighborhood

Estimated Value: $818,692 - $835,000

3 Beds
1 Bath
1,608 Sq Ft
$513/Sq Ft Est. Value

About This Home

This home is located at 2871 Wellman Ave Unit 1, Bronx, NY 10461 and is currently estimated at $824,173, approximately $512 per square foot. 2871 Wellman Ave Unit 1 is a home located in Bronx County with nearby schools including P.S. 71 Rose E Scala, Herbert H Lehman High School, and St. Theresa School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2024
Sold by
Hu Hai Xiao and Hu Haixiao
Bought by
Islam Md Rafiqul and Sultana Sharmin
Current Estimated Value
$824,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$615,000
Outstanding Balance
$611,803
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$200,108

Purchase Details

Closed on
Nov 22, 2019
Sold by
Cipollone Alessandra and Cipollone Domenico
Bought by
Hu Hai Xiao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 1998
Sold by
Alline Eileen and Alline Henry V
Bought by
Cipollone Domenico and Cipollone Alessandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.92%
Source: Public Records

Range of Values:

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

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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
Islam Md Rafiqul $820,000 --
Hu Hai Xiao $650,000 --
Hu Hai Xiao $650,000 --
Cipollone Domenico $175,000 Commonwealth Land Title Ins
Cipollone Domenico $175,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Islam Md Rafiqul $615,000
Previous Owner Hu Hai Xiao $400,000
Previous Owner Cipollone Alesandra $245,000
Previous Owner Cipollone Domenico $140,000
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 $6,563 $34,612 $8,191 $26,421
2024 $6,563 $32,674 $8,070 $24,604
2023 $6,633 $32,659 $8,391 $24,268
2022 $6,466 $48,720 $12,240 $36,480
2021 $6,431 $44,880 $12,240 $32,640
2020 $6,105 $43,860 $12,240 $31,620
2019 $5,033 $40,020 $12,240 $27,780
2018 $4,889 $27,216 $8,827 $18,389
2017 $4,856 $26,990 $9,238 $17,752
2016 $4,781 $25,467 $9,533 $15,934
2015 $2,851 $24,036 $8,997 $15,039
2014 $2,851 $22,690 $10,195 $12,495
Source: Public Records

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