NOT LISTED FOR SALE

Estimated Value: $1,001,000 - $1,146,000

7 Beds
5 Baths
2,947 Sq Ft
$364/Sq Ft Est. Value

Last Sold April 25, 2023

Last sale price $980,000 $333 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $6,365/month

275 Days on Market

Highlights

  • Water Access
  • Property is near public transit
  • Balcony
  • Active Adult
  • Community Pool
  • 2 Car Detached Garage

About This Home

As of April 2023

This home is located at 2924 Grace Ave, Bronx, NY 10469 since 23 May 2022 and is currently estimated at $1,072,787, approximately $364 per square foot. This property was built in 2000. 2924 Grace Ave is a home located in Bronx County with nearby schools including P.S. 169 Baychester Academy, J.H.S. 144 Michelangelo, and Harry S. Truman High School.

Last Agent to Sell the Property

Margaret Edusei

Mayjay Property Management License #10311206148 Listed on: 05/23/2022

Last Buyer's Agent

Danny Agboh

Charles Rutenberg Realty, Inc. License #10301207017

Charles Rutenberg Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,077

Year Built

  • Built in 2000

Lot Details

  • Two or More Common Walls
  • Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,947 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet
  • 5 Full Bathrooms

Outdoor Features

  • Water Access
  • Balcony

Location

  • Property is near public transit

Schools

  • Ps 19 Judith K Weiss Elementary School
  • JHS 144 Michelangelo Middle School
  • Bronx Academy Of Health Careers High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 04797-0052

Community Details

Overview

  • Active Adult
  • 3 Units

Recreation

  • Community Pool
  • Park

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,077

Year Built

Built in 2000

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 2000
  • Village: Bronx
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 5
  • Basement: Full
  • Total Bedrooms: 7
  • Living Area: 2947
  • SquareFootage: 2947.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Brick
  • Waterfront Features: Water Access
  • Fencing: Fenced
  • Exterior Features: Balcony

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Detached, 2 Car Detached, Garage

Utilities

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

Association/Amenities

  • Community Features: Pool, Park

Condo/Co-op/Association

  • Senior Community: Yes

Schools

  • Middle School: Jhs 144 Michelangelo

Lot Info

  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04797-0052
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 4
  • Separate Gas Meters: 4
  • NumberOf1Bedrooms: 1
  • NumberOf3Bedrooms: 2

Tax Info

  • Tax Annual Amount: 8077
  • Tax Map Number: 04797-0052
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Elementary School: Ps 19 Judith K Weiss
  • High School: Bronx Academy Of Health Careers
  • Middle School District: Bronx 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2022
Closed on
Apr 25, 2023
Sold by
Boateng Desmond and Opoku-Mensah Grace
Bought by
Onanuga Elizabeth and Onanuga Tolulope L
Seller's Agent
Margaret Edusei
Mayjay Property Management
Buyer's Agent
Danny Agboh
Charles Rutenberg Realty, Inc.
List Price
$1,200,000
Sold Price
$980,000
Premium/Discount to List
-$220,000
-18.33%
Views
29
Current Estimated Value
$1,072,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,787
Avg. Annual Appreciation
3.41%
Original Mortgage
$962,249
Outstanding Balance
$933,581
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$139,206

Purchase Details

Closed on
Nov 29, 2019
Sold by
Kwarteng Dominic A and Kwarteng Nana Dominic
Bought by
Boateng Desmond and Opoku-Mensah Grace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$824,785
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 18, 2012
Sold by
Manu Christiana
Bought by
Kwarteng Dominic A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$462,958
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2005
Sold by
Nwoke Pauline
Bought by
Manu Christiana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,000
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2003
Sold by
Grace Avenue Development Inc
Bought by
Nwoke Pauline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,500
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage
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
Onanuga Elizabeth $980,000 --
Onanuga Elizabeth $980,000 --
Boateng Desmond $840,000 --
Boateng Desmond $840,000 --
Kwarteng Dominic A $475,000 --
Kwarteng Dominic A $475,000 --
Manu Christiana $640,000 --
Manu Christiana $640,000 --
Nwoke Pauline -- --
Nwoke Pauline -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Onanuga Elizabeth $962,249
Closed Onanuga Elizabeth $962,249
Previous Owner Boateng Desmond $824,785
Previous Owner Kwarteng Dominic A $462,958
Previous Owner Manu Christiana $512,000
Previous Owner Nwoke Pauline $374,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2023 04/25/23 Sold $980,000 -6.7% $333 / Sq Ft
02/22/2023 02/22/23 Pending -- -- --
01/06/2023 01/06/23 Price Changed $1,050,000 -12.5% $356 / Sq Ft
10/23/2022 10/23/22 For Sale $1,200,000 0.0% $407 / Sq Ft
10/20/2022 10/20/22 For Sale $1,200,000 +22.4% $407 / Sq Ft
10/11/2022 10/11/22 Off Market $980,000 -- --
07/22/2022 07/22/22 Pending -- -- --
05/23/2022 05/23/22 Price Changed $1,200,000 +119999900.0% $407 / Sq Ft
05/23/2022 05/23/22 For Sale $1 -- $0 / 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 $9,128 $45,792 $7,882 $37,910
2024 $9,128 $45,448 $9,319 $36,129
2023 $8,708 $42,876 $7,831 $35,045
2022 $8,075 $56,040 $10,740 $45,300
2021 $8,031 $50,280 $10,740 $39,540
2020 $8,077 $44,160 $10,740 $33,420
2019 $7,630 $42,180 $10,740 $31,440
2018 $6,986 $35,730 $8,189 $27,541
2017 $6,572 $33,708 $9,101 $24,607
2016 $6,047 $31,800 $10,740 $21,060
2015 $4,204 $32,100 $11,940 $20,160
2014 $4,204 $32,100 $11,940 $20,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6187329

OneKey® MLS

APN: 04797-0052