NOT LISTED FOR SALE

2895 Grace Ave Bronx, NY 10469

Baychester Neighborhood

Estimated Value: $973,000 - $1,095,000

6 Beds
4 Baths
3,201 Sq Ft
$320/Sq Ft Est. Value

Last Sold May 15, 2017

Last sale price $550,000 $172 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $6,299/month

378 Days on Market

Highlights

  • Property is near public transit
  • 1 Car Attached Garage
  • Cooling System Mounted In Outer Wall Opening
  • Wood Flooring
  • Walk-In Closet
  • Park

About This Home

As of May 2017

We are pleased to present this 2-family investment opportunity in the Baychester section of the Bronx. The subject property was built in 2006. Each property consists of two 3 bedrooms and 2 bathrooms units. The 2-family home is equipped with a finished basement and has one enclosed garage. The total square footage is 3,201 sq ft on a 2,676 sq ft lot.

Last Agent to Sell the Property

Steven Saljanin

EXIT Realty Private Client Brokerage Phone: 914-222-1000 License #10311206017 Listed on: 03/22/2016

EXIT Realty Private Client

Co-Listed By

Matthew Barbaccia

EXIT Realty Private Client Brokerage Phone: 914-222-1000 License #10301218821

Last Buyer's Agent

Christian Dedvukaj

EXIT Realty Private Client License #10401274658

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,954

Year Built

  • Built in 2006

Lot Details

  • 2,675 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,201 Sq Ft Home
  • Wood Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Partially Finished Basement

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

Location

  • Property is near public transit

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 04799-0108

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,954

Year Built

Built in 2006

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 2006
  • Attribution Contact: 914-222-1000
  • Co List Office Mls Id: ONEEXRLPR
  • Co List Office Phone: 914-222-1000
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Master Bath, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 4
  • Basement: Full, Partially Finished, Walk-Out Access
  • Total Bedrooms: 6
  • Living Area: 3201
  • SquareFootage: 3201.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Total Parking Spaces: 2
  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Attached, 1 Car Attached, Driveway, Garage, Off Street

Utilities

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

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Dimensions: 0.0614
  • Lot Size Sq Ft: 2675
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 04799-0108
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 2
  • NumberOf3Bedrooms: 2

Tax Info

  • Tax Annual Amount: 5954
  • Tax Map Number: 04799-0108

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
Mar 22, 2016
Closed on
May 25, 2017
Sold by
Grace-Arnow Properties Llc
Bought by
Abanga Francis
Seller's Agent
Steven Saljanin
EXIT Realty Private Client
Buyer's Agent
Christian Dedvukaj
EXIT Realty Private Client
List Price
$499,000
Sold Price
$550,000
Premium/Discount to List
$51,000
10.22%
Current Estimated Value
$1,024,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$474,598
Avg. Annual Appreciation
7.06%
Original Mortgage
$549,857
Outstanding Balance
$459,785
Interest Rate
3.95%
Estimated Equity
$508,081

Purchase Details

Closed on
Sep 7, 2012
Sold by
Grace Avenue Development Llc
Bought by
Grace-Arnow Properties Llc

Purchase Details

Closed on
Nov 21, 2005
Sold by
Ely Avenue Development Llc
Bought by
Grace Avenue Development Llc
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
Abanga Francis -- --
Grace-Arnow Properties Llc -- --
Grace Avenue Development Llc $1,800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abanga Francis A $14,567
Open Abanga Francis $549,857
Closed Abanga Francis --
Previous Owner Grace-Arnow Properties Llc $3,300,000
Previous Owner Arnow Avenue Development Llc $868,668
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2017 05/15/17 Sold $550,000 +10.2% $172 / Sq Ft
03/21/2016 03/21/16 Pending -- -- --
03/21/2016 03/21/16 For Sale $499,000 -- $156 / 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 $8,594 $43,114 $6,284 $36,830
2024 $8,594 $42,790 $7,432 $35,358
2023 $8,198 $40,368 $6,938 $33,430
2022 $6,580 $49,860 $9,900 $39,960
2021 $7,561 $52,320 $9,900 $42,420
2020 $6,583 $45,240 $9,900 $35,340
2019 $6,437 $36,840 $9,900 $26,940
2018 $6,857 $33,640 $8,163 $25,477
2017 $6,469 $31,736 $8,459 $23,277
2016 $5,985 $29,940 $9,900 $20,040
2015 $4,889 $31,080 $10,980 $20,100
2014 $4,889 $31,080 $10,980 $20,100
Source: Public Records

Agents Affiliated with this Home

  • Steven Saljanin

    Seller's Agent in 2017

    Steven Saljanin

    EXIT Realty Private Client

    (914) 222-1000

    15 Total Sales

    Steven Saljanin
    Section Image

  • M

    Seller Co-Listing Agent in 2017

    Matthew Barbaccia

    EXIT Realty Private Client

  • C

    Buyer's Agent in 2017

    Christian Dedvukaj

    EXIT Realty Private Client

See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY4611575

OneKey® MLS

APN: 04799-0101

New York Bronx County Bronx 10469 Baychester

2895 Grace Ave, Bronx, NY

This home is located at 2895 Grace Ave, Bronx, NY 10469 since 22 March 2016 and is currently estimated at $1,024,598, approximately $320 per square foot. This property was built in 2006. 2895 Grace Ave is a home located in Bronx County with nearby schools including P.S. 097 Bronx, J.H.S. 144 Michelangelo, and Harry S. Truman High School.

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