NOT LISTED FOR SALE

2968-2970 3rd Ave Bronx, NY 10455

Melrose Neighborhood

Estimated Value: $4,641,106

-- Bed
-- Bath
11,450 Sq Ft
$405/Sq Ft Est. Value

About This Home

This home is located at 2968-2970 3rd Ave, Bronx, NY 10455 and is currently estimated at $4,641,106, approximately $405 per square foot. 2968-2970 3rd Ave is a home located in Bronx County with nearby schools including Hostos-Lincoln Academy of Science, Middle School 223 Laboratory School of Finance and Technology, and P.S. I.S. 224.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2023
Sold by
2970 Enterprise Llc
Bought by
Bmad 3Rd Llc
Current Estimated Value
$4,641,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Outstanding Balance
$186,817
Interest Rate
7.18%
Mortgage Type
Unknown
Estimated Equity
$4,454,289

Purchase Details

Closed on
Aug 26, 2021
Sold by
2952 Third Avenue Llc and 2970 Third Avenue Llc
Bought by
2970 3Rd Ave Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 21, 2018
Sold by
2952 Third Avenue Llc and % : The Jackson Group Llc
Bought by
2970 Third Avenue Llc
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.

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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.

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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.

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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.

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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
Bmad 3Rd Llc $4,284,000 --
2970 3Rd Ave Partners Llc $8,750,000 --
2970 Third Avenue Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2970 3Rd Ave Partners Llc $190,000
Previous Owner 2970 3Rd Ave Partners Llc $200,000
Previous Owner 2970 3Rd Ave Partners Llc $6,000,000
Source: Public Records

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 $105,919 $945,000 $945,000 --
2024 $105,919 $999,990 $945,000 $54,990
2023 $106,200 $997,560 $945,000 $52,560
2022 $106,931 $1,004,850 $945,000 $59,850
2021 $105,935 $992,700 $945,000 $47,700
2020 $104,279 $992,700 $945,000 $47,700
2019 $151,778 $1,465,650 $945,000 $520,650
Source: Public Records

Map

New York Bronx County Bronx 10455 Melrose

2968-2970 3rd Ave, Bronx, NY

This home is located at 2968-2970 3rd Ave, Bronx, NY 10455 and is currently estimated at $4,641,106, approximately $405 per square foot. 2968-2970 3rd Ave is a home located in Bronx County with nearby schools including Hostos-Lincoln Academy of Science, Middle School 223 Laboratory School of Finance and Technology, and P.S. I.S. 224.

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.

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