NOT LISTED FOR SALE

309 S 1st Ave Mount Vernon, NY 10550

Estimated Value: $603,000 - $801,000

6 Beds
3.5 Baths
2,800 Sq Ft
$244/Sq Ft Est. Value

Last Sold December 18, 2015

Last sale price $150,000 $54 Per Sq Ft

Est. 356% increase in value since last sale

Current estimated payment $5,140/month

55 Days on Market

Highlights

  • Colonial Architecture
  • Property is near public transit
  • Baseboard Heating

About This Home

As of December 2015

Front door of the house leads to the main unit which is a duplex unit and feels like a Single family house with Living rm., Sun rm., powder rm., Dining area, Kitchen and laundry on the main level and 3 Bedrooms and 2 baths upstairs. The other unit is on the lower level which is fully above grade. That unit consists of a Living rm., small Kitchen, 3 Bedrooms and a bath. The entire House needs significant updating. Neither the heat or plumbing are presently working. There are problems with both. Property is being Sold Strictly "As Is". The house was originally a Single Family house. A prior owner had enlarged it and begun the process of obtaining a Certificate of Occupancy as a two family. That process was never completed. There presently is no C of O. Buyer will be entirely responsible for completing that at their own risk and expense. Property is presently in Auction status. Buyer will be expected to pay a 5% Buyer Premium and to pay all Transfer Taxes.

Last Agent to Sell the Property

Gary Leogrande

Keller Williams NY Realty Brokerage Phone: 914-437-6100 License #10491200853 Listed on: 09/03/2015

Keller Williams NY Realty

Co-Listed By

Peggy Shea

Keller Williams NY Realty Brokerage Phone: 914-437-6100 License #30SH0704707

Last Buyer's Agent

Alonzo Webb

Webb Development Services Corp License #10311201850

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • No Common Walls

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 2,800 Sq Ft Home
  • Partial Basement

Bedrooms and Bathrooms

  • 6 Bedrooms

Location

  • Property is near public transit

Schools

  • Hamilton Elementary School

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 0800-169-023-03127-000-0036

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1900
  • Attribution Contact: 914-437-6100
  • Co List Office Mls Id: ONEKELLER
  • Co List Office Phone: 914-437-6100
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Partial
  • Total Bedrooms: 6
  • Living Area: 2800
  • Owner Pays: Insurance
  • SquareFootage: 2800.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Baseboard
  • Sewer: Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Condo/Co-op/Association

  • Senior Community: No
  • AdditionalFeeDescription: 0

Fee Information

  • AdditionalFeesYN: 0

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Dimensions: 0.1200
  • Lot Size Sq Ft: 5227
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 0800-169-023-03127-000-0036
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf3Bedrooms: 2

Tax Info

  • Tax Annual Amount: 16201
  • Tax Map Number: 0800-169-023-03127-000-0036
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Elementary School: Hamilton School
  • High School: Call Listing Agent
  • Middle School District: Mount Vernon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2017
Sold by
Williams Guillaume Janett and Smith Christopher R
Bought by
Audrey Bah Elisabeth
Current Estimated Value
$683,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,939
Outstanding Balance
$364,854
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$318,745

Purchase Details

Listed on
Sep 3, 2015
Closed on
Dec 18, 2015
Sold by
Hsbc Bank Usa National Association
Bought by
Smith Christopher R and Williams Guillaume Janett
Seller's Agent
Gary Leogrande
Keller Williams NY Realty
Buyer's Agent
Alonzo Webb
Webb Development Services Corp
List Price
$139,000
Sold Price
$150,000
Premium/Discount to List
$11,000
7.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.93%

Purchase Details

Closed on
Apr 7, 2010
Sold by
Harvey Desiree and Harvey Desiree E
Bought by
Hsbc Bank National Association

Purchase Details

Closed on
Nov 13, 2006
Sold by
Williams Vinton J and Williams Cynthia M
Bought by
Harvey Desiree

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
6.39%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 7, 2006
Sold by
Williams Vinton J and Williams Cynthia M
Bought by
Williams Vinton J and Williams Cynthia 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
Audrey Bah Elisabeth $445,000 Ram Abstract
Smith Christopher R $150,000 Stewart Title Insurance Co
Hsbc Bank National Association $200,000 Prime Title
Harvey Desiree $540,000 The Judicial Title Ins Agenc
Williams Vinton J -- Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Audrey Bah Elisabeth $436,939
Previous Owner Harvey Desiree $81,000
Previous Owner Williams Vinton J $315,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2015 12/18/15 Sold $150,000 +7.9% $54 / Sq Ft
10/29/2015 10/29/15 Pending -- -- --
09/03/2015 09/03/15 For Sale $139,000 -- $50 / 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 $16,995 $10,300 $2,500 $7,800
2023 $13,224 $10,300 $2,500 $7,800
2022 $16,240 $10,300 $2,500 $7,800
2021 $15,947 $10,300 $2,500 $7,800
2020 $15,453 $10,300 $2,500 $7,800
2019 $15,261 $10,300 $2,500 $7,800
2018 $0 $10,300 $2,500 $7,800
2017 $0 $7,150 $2,500 $4,650
2016 $12,737 $7,150 $2,500 $4,650
2015 -- $12,000 $2,500 $9,500
2014 -- $12,000 $2,500 $9,500
2013 -- $12,000 $2,500 $9,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4540632

OneKey® MLS

APN: 0800-169-023-03127-000-0036