NOT LISTED FOR SALE

314 E 240th St Bronx, NY 10470

Woodlawn Heights Neighborhood

Estimated Value: $899,004 - $995,000

6 Beds
2 Baths
2,680 Sq Ft
$357/Sq Ft Est. Value

Last Sold March 29, 2024

Last sale price $915,000 $341 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,740/month

15 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Attached Garage
  • Park
  • Property is near public transit
  • Window Unit Cooling System
  • 5-minute walk to General Joseph Stilwell Memorial Park

About This Home

As of March 2024

Immaculate and Pristine Brick 2 Family Home nestled away in the desirable Woodlawn vicinity of the Bronx. This lovely home features a long driveway along with its own 2 Car Garage. This brick beaty boasts (2) spacious 3-bedroom apartments with spacious Living rooms, formal dining rooms, high ceilings and gorgeous hardwood flooring throughout. The first floor- 3 Bedroom unit also includes an enclosed front sunroom or home office. The 2nd floor - 3 Bedroom apartment consists of a terrific front terrace along with ample closet space as well. The basement has wonderful storage with its own separate entrance- with great potential to finish and add additional living space. The basement has access to the 2 Car Garage too. The back yard is maintenance free- perfect to relax and Bar-B-Q. Truly a commuter's dream- just blocks to the Metro North Train, Buses, 4 Train, shopping, PS 19 elementary school, major parkways and 28 min to Manhattan!!! This is the perfect opportunity to own a great investment property or live in one unit and rent out the other to help pay down the mortgage. ***(The property taxes are $8620 and that doesn't reflect the Sar program.)***

Last Agent to Sell the Property

Kieran Dwyer

Double C Realty Brokerage Phone: (914) 776-1670 License #40DW0944062 Listed on: 01/22/2024

Last Buyer's Agent

Aderemi Adigun

Real Broker NY LLC License #10401316635

Real Broker NY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,620

Year Built

  • Built in 1938

Lot Details

  • 3,093

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,680 Sq Ft Home
  • Unfinished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Two or More Common Walls
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 03388-0016

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,620

Year Built

Built in 1938

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1938
  • Attribution Contact: (914) 776-1670
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Basement: Unfinished, Walk-Out Access
  • Total Bedrooms: 6
  • Living Area: 2680
  • SquareFootage: 2680.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Total Parking Spaces: 2
  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Attached, 2 Car Attached

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Features: Near Public Transit
  • Parcel Number: 03388-0016
  • Property Attached: Yes

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf1Bedrooms: 0
  • NumberOf2Bedrooms: 0
  • NumberOf3Bedrooms: 2
  • NumberOf4Bedrooms: 0

Tax Info

  • Tax Annual Amount: 8620
  • Tax Map Number: 03388-0016

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: City of New York

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2024
Closed on
Mar 29, 2024
Sold by
Renewal Realty Corp
Bought by
Fernandez Alex D and Tejada Darleny
Seller's Agent
Kieran Dwyer
Double C Realty
Buyer's Agent
Aderemi Adigun
Real Broker NY LLC
List Price
$875,000
Sold Price
$915,000
Premium/Discount to List
$40,000
4.57%
Views
111
Current Estimated Value
$956,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,501
Avg. Annual Appreciation
2.54%
Original Mortgage
$869,250
Outstanding Balance
$854,649
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$101,852

Purchase Details

Closed on
Dec 19, 2012
Sold by
Grimm Denis A
Bought by
Renewal Realty Corp

Purchase Details

Closed on
Feb 5, 2009
Sold by
Grimm 3Rd As Sole Heir At Law Edward J and Grimm As Sole Heir At Law Denis A
Bought by
Grimm Denis A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fernandez Alex D $915,000 --
Fernandez Alex D $915,000 --
Renewal Realty Corp $390,000 --
Renewal Realty Corp $390,000 --
Grimm Denis A -- --
Grimm Denis A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fernandez Alex D $869,250
Closed Fernandez Alex D $869,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2024 03/29/24 Sold $915,000 +4.6% $341 / Sq Ft
02/07/2024 02/07/24 Pending -- -- --
01/22/2024 01/22/24 For Sale $875,000 -- $326 / 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 $8,920 $47,074 $7,313 $39,761
2024 $8,920 $44,410 $6,250 $38,160
2023 $8,715 $42,912 $6,982 $35,930
2022 $8,567 $55,800 $9,060 $46,740
2021 $8,751 $56,880 $9,060 $47,820
2020 $8,303 $51,660 $9,060 $42,600
2019 $7,742 $45,900 $9,060 $36,840
2018 $7,290 $35,760 $9,060 $26,700
2017 $7,487 $36,730 $8,546 $28,184
2016 $6,927 $34,651 $9,037 $25,614
2015 $3,889 $32,690 $9,967 $22,723
2014 $3,889 $30,840 $10,080 $20,760
Source: Public Records

Agents Affiliated with this Home

  • Kieran Dwyer

    Seller's Agent in 2024

    Kieran Dwyer

    Double C Realty

    (914) 629-7649

    62 in this area

    397 Total Sales

    Kieran Dwyer
    Section Image

  • A

    Buyer's Agent in 2024

    Aderemi Adigun

    Real Broker NY LLC

    (347) 872-3283

    1 in this area

    91 Total Sales

    Aderemi Adigun
    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY6285748

OneKey® MLS

APN: 03388-0016

New York Bronx County Bronx 10470 Woodlawn Heights

314 E 240th St, Bronx, NY

Not Listed for Sale

MultiFamily

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