NOT LISTED FOR SALE

2921 Otis Ave Bronx, NY 10465

Throgs Neck-Edgewater Park Neighborhood

Estimated Value: $662,572 - $877,000

4 Beds
2 Baths
1,718 Sq Ft
$478/Sq Ft Est. Value

Last Sold August 22, 2020

Last sale price $750,000 $437 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,025/month

Highlights

  • 0.11 Acre Lot
  • Main Floor Bedroom
  • Eat-In Kitchen
  • Property is near public transit
  • 3 Car Detached Garage
  • Window Unit Cooling System

About This Home

As of August 2020

Rare gem in Throgs Neck - 2 family home on a 50x100 lot with 3 garage + 5 car parking. 2 units in good condition consisting of two bedrooms each with a full walkout basement. Can be delivered vacant at closing! Close to all shops, buses and major highways. Won't last!

Last Agent to Sell the Property

John Lajara

eXp Realty License #40LA1150781 Listed on: 01/17/2020

eXp Realty

Last Buyer's Agent

John Lajara

eXp Realty License #40LA1150781 Listed on: 01/17/2020

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,739

Year Built

  • Built in 1925

Lot Details

  • 5,001 Sq Ft Lot
  • No Common Walls
  • Fenced

Parking

  • 3 Car Detached Garage
  • Driveway

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,718 Sq Ft Home
  • Unfinished Basement
  • Walk-Out Basement
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Location

  • Property is near public transit

Utilities

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

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Assessor Parcel Number 05419-0137

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,739

Year Built

Built in 1925

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Architectural Style: See Remarks
  • Property SubType: Multi Family
  • Year Built: 1925
  • Attribution Contact: 929-222-4200
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: 1st Floor Bedrm, Eat-in Kitchen
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Unfinished, Walk-Out Access
  • Total Bedrooms: 4
  • Living Area: 1718.00
  • Square Footage: 1718.00

Exterior Features

  • Construction Materials: Frame, Vinyl Siding
  • Fencing: Fenced

Garage/Parking

  • Total Parking Spaces: 5.00
  • Attached Garage: No
  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Description: Detached, 3 Car Detached, Driveway

Utilities

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

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Call Listing Agent
  • Middle School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.1100
  • Lot Size Area: 0.1100
  • Lot Dimensions: 0.1148
  • Lot Size Sq Ft: 5001.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 05419-0137
  • Property Attached: No

Rental Info

  • Tenant Pays: Cooking Gas, Electricity

Tax Info

  • Close Date: 2020-08-22
  • Tax Annual Amount: 5739.00
  • Tax Map Number: 05419-0137

Multi Family

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

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
Jan 17, 2020
Closed on
Aug 11, 2020
Sold by
2921 Otis Avenue Realty Llc
Bought by
Murillo Jaime G and Murillo Yamel
Seller's Agent
John Lajara
eXp Realty
Buyer's Agent
John Lajara
eXp Realty
List Price
$750,000
Sold Price
$750,000
Current Estimated Value
$821,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,143
Avg. Annual Appreciation
1.82%
Original Mortgage
$724,968
Outstanding Balance
$645,984
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$175,159

Purchase Details

Closed on
May 11, 2018
Sold by
Dinardo Riccardo
Bought by
2921 Otis Avenue Realty Llc

Purchase Details

Closed on
Sep 19, 2005
Sold by
Apelian Joseph M
Bought by
Dinardo Riccardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,750
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 1996
Sold by
Apelian Joseph and Apelian Alice
Bought by
Apelian Joseph M
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
Murillo Jaime G $750,000 --
Murillo Jaime G $750,000 --
2921 Otis Avenue Realty Llc -- --
2921 Otis Avenue Realty Llc -- --
Dinardo Riccardo $475,000 --
Dinardo Riccardo $475,000 --
Apelian Joseph M -- The Title Guarantee Company
Apelian Joseph M -- The Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murillo Jaime $58,767
Open Murillo Jaime G $724,968
Closed Murillo Jaime G $724,968
Previous Owner Dinardo Riccardo $200,000
Previous Owner Dinardo Riccardo $308,750
Previous Owner Dinardo Riccardo $118,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2020 08/22/20 Sold $750,000 0.0% $437 / Sq Ft
07/24/2020 07/24/20 Off Market $750,000 -- --
01/17/2020 01/17/20 Pending -- -- --
01/17/2020 01/17/20 For Sale $750,000 -- $437 / 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 $6,612 $34,892 $7,872 $27,020
2024 $6,612 $32,918 $7,370 $25,548
2023 $6,685 $32,918 $8,005 $24,913
2022 $6,522 $44,880 $10,680 $34,200
2021 $6,486 $40,560 $10,680 $29,880
2020 $6,155 $41,700 $10,680 $31,020
2019 $5,739 $38,820 $10,680 $28,140
2018 $5,592 $27,432 $7,245 $20,187
2017 $5,550 $27,225 $8,442 $18,783
2016 $5,134 $25,684 $9,748 $15,936
2015 $3,236 $24,231 $10,757 $13,474
2014 $3,236 $22,860 $11,880 $10,980
Source: Public Records

Agents Affiliated with this Home

  • John Lajara

    Seller's Agent in 2020

    John Lajara

    eXp Realty

    (914) 643-7400

    7 in this area

    172 Total Sales

    John Lajara
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Map

Source: OneKey® MLS

MLS Number: KEY6005749

OneKey® MLS

APN: 05419-0137

New York Bronx County Bronx 10465 Throgs Neck-Edgewater Park

2921 Otis Ave, Bronx, NY

This home is located at 2921 Otis Ave, Bronx, NY 10465 since 17 January 2020 and is currently estimated at $821,143, approximately $477 per square foot. This property was built in 1925. 2921 Otis Ave is a home located in Bronx County with nearby schools including P.S. 14 Senator John Calandra, Herbert H Lehman High School, and St Benedict School.

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