NOT LISTED FOR SALE

2871 Wellman Ave Unit 2 Bronx, NY 10461

Schuylerville Neighborhood

Estimated Value: $847,431 - $925,000

1 Bed
1 Bath
600 Sq Ft
$1,466/Sq Ft Est. Value

Highlights

  • Property is near public transit, schools, and shops
  • Eat-In Kitchen
  • Hot Water Heating System
  • Wood Flooring
  • Park

About This Home

As of April 2020

A free gift of the Garage for you to use as storage ($150/month value)plus a free private mini backyard! This detached, just fully renovated 1-bedroom duplex offers: kitchen dining-living room combo on the first floor, 1 bedroom and 1 full bathroom upstairs. plus a free gift of the Garage for you to use as storage ($150/month value) , new appliances, new kitchen, new bathroom, new floor, new paint, very close to 6 train and bus stations, shops, restaurants and schools. Additional Information: Storage: See Remarks,

Last Agent to Rent the Property

George Zhun Zhang

B Square Realty License #10301217166 Listed on: 12/20/2019

B Square Realty

Last Renter's Agent

Non Non Member-MLS

Non-Member MLS

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1925 | Remodeled in 2019

Lot Details

  • 3,136

Parking

  • On-Street Parking

Home Design

  • Frame Construction

Interior Spaces

  • 600 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

  • Contact Agent Elementary And Middle School
  • Contact Agent High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • 3,136 Sq Ft Lot
  • Property is near public transit, schools, and shops

Listing and Financial Details

  • Rent includes sewer, water
  • 12-Month Minimum Lease Term
  • Assessor Parcel Number 05387-0047

Community Details

Recreation

  • Park

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Apartment

Year Built

Built in 1925 | Remodeled in 2019

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Pets Allowed: No
  • Rent Includes: Sewer, Water
  • Available Date: 2020-01-01

Listing Details

  • Property Type: Residential Lease
  • Property SubType: Apartment
  • Levels: Two
  • Year Built: 1925
  • Year Built Effective: 2019
  • CurrentPrice: 1550.00
  • CurrentPrice_By_LivingArea: 2.58333
  • ListPrice_By_LivingArea: 2.58333
  • ListPrice_By_LotSizeAcres: 21527.7778
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2019

Interior Features

  • Appliances: Refrigerator, Gas Water Heater
  • Interior Amenities: Eat-in Kitchen
  • Flooring: Hardwood
  • Full Bathrooms: 1
  • Basement: None
  • Inclusions: Oven/Range
  • Total Bedrooms: 1
  • Living Area: 600
  • Basement YN: No
  • ResoLivingAreaSource: Other

Exterior Features

  • Construction Materials: Frame, Other
  • Waterfront: No

Garage/Parking

  • Parking Description: On Street

Utilities

  • Cooling: None
  • Heating: Hot Water, Natural Gas
  • Sewer: Public Sewer
  • Utilities: Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Park
  • Senior Community: No
  • Association: No

Association/Amenities

  • Community Features: Park

Schools

  • Middle School: Contact Agent

Lot Info

  • Lot Size Acres: 0.072
  • Lot Size Sq Ft: 3136
  • Lot Features: Near Public Transit, Near School, Near Shops
  • Parcel Number: 05387-0047
  • Land Lease Amount Frequency: Monthly

MLS Schools

  • Elementary School: Contact Agent
  • High School: Contact Agent

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
$879,358

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
$610,163
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$269,195

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
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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 Domenico $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2024 12/11/24 Off Market $1,550 -- --
04/08/2020 04/08/20 Rented $1,550 0.0% --
03/02/2020 03/02/20 Price Changed $1,550 -3.1% $3 / Sq Ft
01/18/2020 01/18/20 Price Changed $1,600 0.0% $3 / Sq Ft
01/18/2020 01/18/20 For Rent $1,600 +10.3% --
12/20/2019 12/20/19 Off Market $1,450 -- --
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 $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

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: H5128299

OneKey® MLS

APN: 05387-0047