NOT LISTED FOR SALE

2881 E 197th St Bronx, NY 10461

Middletown-Pelham Bay Neighborhood

Estimated Value: $1,160,085 - $1,360,000

-- Bed
-- Bath
3,600 Sq Ft
$349/Sq Ft Est. Value

Last Sold August 05, 2014

Last sale price $670,000 $186 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $7,483/month

94 Days on Market

Highlights

  • Chalet
  • Window Unit Cooling System
  • Hot Water Heating System
  • Property is near public transit
  • Park
  • 4-minute walk to Colucci Playground

About This Home

As of August 2014

Beautiful Legal 3 family semi-attached brick nestled in a quiet street in Pelham Bay!Great Investment opportunity!Newer construction home built in 1998.Home boasts 3-spacious 2 bedroom, 2 full bath apartments!Each apartment has entry hall,updated open kitchen/dining/living room with hardwood floors thru out, 2 large bedrooms, 2 updated full baths with ceramic tiles. Great opportunity to own and pay your mortgage with the other units!A finished walk-out basement w/separate entrance completes home

Last Agent to Sell the Property

Vincent Ferrante

Keller Williams Realty NYC Grp Brokerage Phone: 718-697-6800 License #40FE0934366 Listed on: 02/24/2014

Keller Williams Realty NYC Grp

Last Buyer's Agent

Vincent Ferrante

Keller Williams Realty NYC Grp Brokerage Phone: 718-697-6800 License #40FE0934366 Listed on: 02/24/2014

Keller Williams Realty NYC Grp

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,100

Year Built

  • Built in 1998

Lot Details

  • 2,482 Sq Ft Lot
  • Two or More Common Walls
  • Back Yard Fenced

Parking

  • Driveway

Home Design

  • Chalet
  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • 3,600 Sq Ft Home
  • Walk-Out Basement

Location

  • Property is near public transit

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 04244-0037

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

$3,100

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Chalet
  • Property SubType: Multi Family
  • Year Built: 1998
  • Attribution Contact: 718-697-6800
  • Village: Bronx
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Basement: Walk-Out Access
  • Living Area: 3600
  • SquareFootage: 3600.00

Exterior Features

  • Construction Materials: Brick, Stucco
  • Fencing: Back Yard

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Sewer: Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdditionalFeesYN: 0

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Dimensions: 0.0574
  • Lot Size Sq Ft: 2482
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04244-0037
  • Zoning Description: R5
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 4
  • Separate Gas Meters: 3
  • NumberOf2Bedrooms: 3

Tax Info

  • Tax Annual Amount: 3100
  • Tax Map Number: 04244-0037

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

Closed on
Mar 26, 2020
Sold by
2881 Realty Llc
Bought by
Nardis Americo C
Current Estimated Value
$1,257,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,774
Outstanding Balance
$125,998
Interest Rate
3.2%
Mortgage Type
Unknown
Estimated Equity
$1,131,773

Purchase Details

Closed on
Oct 20, 2014
Sold by
Nardis Americo C
Bought by
2881 Realty Llc

Purchase Details

Listed on
Feb 24, 2014
Closed on
Jul 28, 2014
Sold by
Defilippi Kris
Bought by
Nardis Americo C
Seller's Agent
Vincent Ferrante
Keller Williams Realty NYC Grp
Buyer's Agent
Vincent Ferrante
Keller Williams Realty NYC Grp
List Price
$779,000
Sold Price
$670,000
Premium/Discount to List
-$109,000
-13.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.78%
Original Mortgage
$469,000
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 1999
Sold by
197 Street Realty Llc
Bought by
Defilippi Kris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
7.78%
Source: Public Records

Range of Values:

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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
Nardis Americo C -- --
2881 Realty Llc -- --
Nardis Americo C $670,000 --
Defilippi Kris $380,000 Realty Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nardis Americo C $142,774
Previous Owner Nardis Americo C $469,000
Previous Owner Defilippi Kris $304,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2014 08/05/14 Sold $670,000 -14.0% $186 / Sq Ft
05/30/2014 05/30/14 Pending -- -- --
02/24/2014 02/24/14 For Sale $779,000 -- $216 / 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 $9,780 $51,612 $7,608 $44,004
2024 $9,780 $48,691 $7,438 $41,253
2023 $9,329 $45,936 $8,117 $37,819
2022 $9,170 $66,180 $11,100 $55,080
2021 $9,595 $59,220 $11,100 $48,120
2020 $6,932 $51,240 $11,100 $40,140
2019 $8,488 $42,840 $11,100 $31,740
2018 $7,803 $38,280 $11,100 $27,180
2017 $8,314 $40,786 $10,114 $30,672
2016 $7,692 $38,478 $10,422 $28,056
2015 $2,325 $36,300 $12,360 $23,940
2014 $2,325 $36,300 $12,360 $23,940
Source: Public Records

Agents Affiliated with this Home

  • Vincent Ferrante

    Seller's Agent in 2014

    Vincent Ferrante

    Keller Williams Realty NYC Grp

    (914) 902-3247

    2 in this area

    62 Total Sales

    Vincent Ferrante
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Map

Source: OneKey® MLS

MLS Number: KEYH3404305

OneKey® MLS

APN: 04244-0037

New York Bronx County Bronx 10461 Middletown-Pelham Bay

2881 E 197th St, Bronx, NY

This home is located at 2881 E 197th St, Bronx, NY 10461 since 24 February 2014 and is currently estimated at $1,257,771, approximately $349 per square foot. This property was built in 1998. 2881 E 197th St is a home located in Bronx County with nearby schools including P.S. 71 Rose E Scala, Herbert H Lehman High School, and Equality Charter School.

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