NOT LISTED FOR SALE

2923 Otis Ave Bronx, NY 10465

Throgs Neck-Edgewater Park Neighborhood

Estimated Value: $686,440 - $849,000

3 Beds
2 Baths
1,834 Sq Ft
$413/Sq Ft Est. Value

Last Sold June 14, 2022

Last sale price $730,000 $398 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,651/month

113 Days on Market

Highlights

  • Property is near public transit
  • Main Floor Primary Bedroom
  • 2 Car Attached Garage
  • Wood Flooring
  • Subterranean Parking
  • Eat-In Kitchen

About This Home

As of June 2022

DO NOT LET THE ROOM COUNT FOOL YOU! This MOVE-In READY home is spacious and meticulously maintained. The home is DEATCHED! The main unit is comprised of five rooms. It is a spacious two bedroom with den/office/dressing room (3rd bedroom), eat-in-kitchen and full bath with access via pull-down stair to an attic for storage. The second unit is comprised of four rooms and is a spacious 1 bedroom, sunroom (2nd bedroom), eat-in-kitchen and full bath. The basement is open and unfinished with rough plumbing for a bathroom that can easily be a studio. There are hardwood floors, updated kitchens and baths and tons of natural sunlight throughout the home. Located close to bus routes on E. Tremont Ave, Bruckner Blvd and Crosby Ave and Manhattan Express bus. Close to shops, restaurants and school.

Last Agent to Sell the Property

Maria Porco-Rosa

Prime Realty Group, Inc. License #31PO0881590 Listed on: 01/04/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,894

Year Built

  • Built in 1925

Lot Details

  • 2,500 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Car Attached Garage
  • Subterranean Parking
  • Common or Shared Parking
  • Driveway

Interior Spaces

  • 1,834 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement

Location

  • Property is near public transit

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Heating System Uses Oil

Listing and Financial Details

  • Assessor Parcel Number 05419-0136

Community Details

Overview

  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,894

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: 2 Story
  • Property SubType: Multi Family
  • Year Built: 1925
  • Attribution Contact: 718-597-2300
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Master Downstairs, 1st Floor Bedrm, Eat-in Kitchen
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Partial, Unfinished, Walk-Out Access
  • Total Bedrooms: 3
  • Living Area: 1834.00
  • Square Footage: 1834.00

Garage/Parking

  • Total Parking Spaces: 4.00
  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Description: Attached, 2 Car Attached, Common, Driveway, Underground

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Oil, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public

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: 0.0600
  • Lot Size Area: 0.0600
  • Lot Size Sq Ft: 2500.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 05419-0136
  • Property Attached: No

Tax Info

  • Close Date: 2022-06-14
  • Tax Annual Amount: 5894.00
  • Tax Map Number: 05419-0136

Multi Family

  • Units Total: 2
  • Two Bedrooms: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 2

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: Bronx 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2022
Closed on
Jun 14, 2022
Sold by
Goulden Joseph Thomas
Bought by
Ahmad Syed M and Rouf Mohammad A
Seller's Agent
Maria Porco-Rosa
Prime Realty Group, Inc.
List Price
$798,000
Sold Price
$730,000
Premium/Discount to List
-$68,000
-8.52%
Current Estimated Value
$756,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,610
Avg. Annual Appreciation
0.82%
Original Mortgage
$705,636
Outstanding Balance
$675,095
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$74,246

Purchase Details

Closed on
May 7, 2003
Sold by
Joseph Goulden Joseph Thomas and Joseph O''Farrell John
Bought by
Goulden Joseph Thomas

Purchase Details

Closed on
Apr 13, 2001
Sold by
Donovan Joseph John and Donovan Dorothy
Bought by
Ofarrell John Joseph and Goulden Joseph Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
7.5%
Mortgage Type
Seller Take Back
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ahmad Syed M $730,000 --
Goulden Joseph Thomas $78,500 --
Ofarrell John Joseph $190,000 Pioneer Land Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahmad Syed M $705,636
Previous Owner Ofarrell John Joseph $170,000
Closed Goulden Joseph Thomas $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2022 06/14/22 Sold $730,000 -2.5% $398 / Sq Ft
04/27/2022 04/27/22 Pending -- -- --
03/22/2022 03/22/22 Price Changed $749,000 -3.4% $408 / Sq Ft
02/03/2022 02/03/22 Price Changed $775,000 -2.9% $423 / Sq Ft
01/04/2022 01/04/22 For Sale $798,000 -- $435 / 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 $6,334 $33,428 $7,401 $26,027
2024 $6,334 $31,536 $6,324 $25,212
2023 $6,405 $31,536 $6,505 $25,031
2022 $6,248 $43,800 $9,060 $34,740
2021 $6,214 $36,360 $9,060 $27,300
2020 $5,897 $37,500 $9,060 $28,440
2019 $5,498 $37,860 $9,060 $28,800
2018 $5,357 $26,280 $6,124 $20,156
2017 $5,317 $26,082 $6,755 $19,327
2016 $4,919 $24,606 $8,601 $16,005
2015 $2,793 $23,214 $9,582 $13,632
2014 $2,793 $21,900 $10,080 $11,820
Source: Public Records

Agents Affiliated with this Home

  • Maria Porco-Rosa

    Seller's Agent in 2022

    Maria Porco-Rosa

    Prime Realty Group, Inc.

    (347) 739-4122

    25 in this area

    104 Total Sales

    Maria Porco-Rosa
    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY6160065

OneKey® MLS

APN: 05419-0136

New York Bronx County Bronx 10465 Throgs Neck-Edgewater Park

2923 Otis Ave, Bronx, NY

This home is located at 2923 Otis Ave, Bronx, NY 10465 since 04 January 2022 and is currently estimated at $756,610, approximately $412 per square foot. This property was built in 1925. 2923 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

OneKey® MLS The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Copyright 2025 OneKey® MLS. All rights reserved.

Nearby Homes