NOT LISTED FOR SALE

Estimated Value: $1,089,178

14 Beds
9 Baths
5,500 Sq Ft
$198/Sq Ft Est. Value

Last Sold January 28, 2015

Last sale price $700,000 $127 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $6,550/month

120 Days on Market

Highlights

  • Corner Lot
  • Window Unit Cooling System
  • Hot Water Heating System
  • New Rochelle High School Rated A-

About This Home

As of January 2015

Nicely maintained 6-family Brick building with great upside potential includes 1-4 BR Unit, 1-3BR Units, 3-2BR Units & 1-1BR Unit, 10 parking spaces. Rents currently below market. Potential rent roll $122k w/ potential 8.3% Cap Rate.

Last Agent to Sell the Property

P. Anthony Marciano

Century 21 Marciano Brokerage Phone: 914-235-4996 License #37MA1101672 Listed on: 07/02/2014

Century 21 Marciano

Last Buyer's Agent

elisa Forgione

Patricia Forgione's Realty License #40DE0881436

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $27,780

Year Built

  • Built in 1908

Lot Details

  • 4,792 Sq Ft Lot
  • No Common Walls
  • Corner Lot

Parking

  • Assigned Parking

Home Design

  • 5,500 Sq Ft Home
  • Brick Exterior Construction
  • Frame Construction

Bedrooms and Bathrooms

  • 14 Bedrooms

Schools

  • Columbus Elementary School
  • Isaac E Young Middle School
  • New Rochelle High School

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Oil

Listing and Financial Details

  • Assessor Parcel Number 1000-000-004-01286-000-0001

Community Details

Overview

  • 6 Units

Building Details

  • 7 Separate Electric Meters
  • 7 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27,780

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1908
  • Attribution Contact: 914-235-4996
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Total Bedrooms: 14
  • Living Area: 5500
  • SquareFootage: 5500.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Brick, Frame

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Assigned

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Oil, Hot Water
  • Sewer: Sewer
  • Water Source: Public
  • Hot Water: None

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Isaac E Young Middle School

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Dimensions: 0.1100
  • Lot Size Sq Ft: 4792
  • Lot Size Units: Acres
  • Lot Features: Corner Lot
  • Parcel Number: 1000-000-004-01286-000-0001
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Units Total: 6
  • Separate Electric Meters: 7
  • Separate Gas Meters: 7
  • NumberOf1Bedrooms: 1
  • NumberOf2Bedrooms: 3
  • NumberOf3Bedrooms: 1
  • NumberOf4Bedrooms: 1

Tax Info

  • Tax Annual Amount: 27780
  • Tax Map Number: 1000-000-004-01286-000-0001
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Elementary School: Columbus Elementary School
  • High School: New Rochelle High School
  • Middle School District: New Rochelle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2016
Sold by
295 Union Avenue Llc
Bought by
Mcall Llc
Current Estimated Value
$1,089,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,172
Outstanding Balance
$409,566
Interest Rate
3.48%
Mortgage Type
Commercial
Estimated Equity
$678,706

Purchase Details

Listed on
Jul 2, 2014
Closed on
Jan 28, 2015
Sold by
295 Union Avenue Realty Corp
Bought by
295 Union Avenue Llc
Seller's Agent
P. Anthony Marciano
Century 21 Marciano
Buyer's Agent
elisa Forgione
Patricia Forgione's Realty
List Price
$929,021
Sold Price
$700,000
Premium/Discount to List
-$229,021
-24.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.27%
Original Mortgage
$525,000
Interest Rate
3.84%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 8, 2008
Sold by
Pugliese Michele and Pugliese Maria
Bought by
295 Union Avenue Realty Corp

Purchase Details

Closed on
Jul 30, 1996
Sold by
Madonia Andrea J and Madonia Grace
Bought by
Ochoa Leonardo and Ochoa Teresa
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mcall Llc $650,000 Attorney
295 Union Avenue Llc $700,000 Judicial Title Ins
295 Union Avenue Realty Corp -- First American Title Ins Co
Ochoa Leonardo $137,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcall Llc $505,172
Previous Owner 295 Union Avenue Llc $525,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2015 01/28/15 Sold $700,000 -24.7% $127 / Sq Ft
10/31/2014 10/31/14 Pending -- -- --
07/02/2014 07/02/14 For Sale $929,021 -- $169 / 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
2024 $7,387 $20,800 $3,500 $17,300
2023 $27,056 $20,800 $3,500 $17,300
2022 $28,918 $20,800 $3,500 $17,300
2021 $28,696 $20,800 $3,500 $17,300
2020 $23,986 $20,800 $3,500 $17,300
2019 $25,963 $20,800 $3,500 $17,300
2018 $22,970 $20,800 $3,500 $17,300
2017 $6,044 $20,800 $3,500 $17,300
2016 $25,236 $20,800 $3,500 $17,300
2015 -- $23,800 $3,500 $20,300
2014 -- $23,800 $3,500 $20,300
2013 -- $23,800 $3,500 $20,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4423420

OneKey® MLS

APN: 1000-000-004-01286-000-0001