NOT LISTED FOR SALE

318 Newman Ave Bronx, NY 10473

Clason Point Neighborhood

Estimated Value: $955,000 - $988,000

7 Beds
2 Baths
2,800 Sq Ft
$347/Sq Ft Est. Value

Last Sold December 18, 2023

Last sale price $865,000 $309 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,612/month

30 Days on Market

Highlights

  • 0.13 Acre Lot
  • Window Unit Cooling System
  • 5-minute walk to Harding Park
  • 2 Car Detached Garage
  • Baseboard Heating

About This Home

As of December 2023

BIG TWO Family house in the Soundview neighborhood. This property offers DOBLE LOT. The house sits in onel lot and second lot offers 2 cars enclosed garage. First floor - Three bedrooms apt and one bathroom. Second Floor - Two Bedrooms apt and one bathroom. FULL finished Basement. Two cars garage and beautiful and green backyard. Close to public bus transportation and only few blocks to the Soundview Bronx Ferry Terminal, very conveniente for commuters - I-95, Hutchington Prway. A MUST SEE! You cannot miss this opportunity!

Last Agent to Sell the Property

Araceli Zanabria

Doors Realty NY Inc. Brokerage Phone: (718) 483-8929 License #10311208639 Listed on: 07/03/2023

Last Buyer's Agent

Araceli Zanabria

Doors Realty NY Inc. Brokerage Phone: (718) 483-8929 License #10311208639 Listed on: 07/03/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,957

Year Built

  • Built in 1920

Lot Details

  • 5,571 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Car Detached Garage

Home Design

  • 2,800 Sq Ft Home
  • Frame Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Assessor Parcel Number 03476-0016

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,957

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1920
  • Attribution Contact: (718) 483-8929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 7
  • Living Area: 2800
  • SquareFootage: 2800.00
  • SquareFootageSource: Other

Exterior Features

  • Construction Materials: Frame

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 5571
  • Lot Size Units: Acres
  • Parcel Number: 03476-0016
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cooking Gas, Electricity

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf1Bedrooms: 0
  • NumberOf2Bedrooms: 1
  • NumberOf3Bedrooms: 1

Tax Info

  • Tax Annual Amount: 5957
  • Tax Map Number: 03476-0016

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

Closed on
Apr 30, 2025
Sold by
Velez Rufino
Bought by
Velez Bethzida and Velez Rufino
Current Estimated Value
$972,901

Purchase Details

Closed on
Jan 31, 2025
Sold by
Penick Maurice Calvin and Velez Bethzida
Bought by
Velez Rufino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,058,200
Outstanding Balance
$1,051,172
Interest Rate
7.04%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$78,271

Purchase Details

Listed on
Jul 3, 2023
Closed on
Dec 18, 2023
Sold by
Pena Jose L
Bought by
Penick Maurice Calvin and Velez Bethzida
Seller's Agent
Araceli Zanabria
Doors Realty NY Inc.
Buyer's Agent
Araceli Zanabria
Doors Realty NY Inc.
List Price
$879,000
Sold Price
$865,000
Premium/Discount to List
-$14,000
-1.59%
Views
129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.90%
Original Mortgage
$732,250
Interest Rate
7.44%
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
Velez Bethzida -- --
Velez Rufino -- --
Penick Maurice Calvin $885,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velez Rufino $1,058,200
Closed Penick Maurice Calvin $732,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2023 12/18/23 Sold $865,000 -1.6% $309 / Sq Ft
08/03/2023 08/03/23 Pending -- -- --
07/03/2023 07/03/23 For Sale $879,000 -- $314 / 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 $6,352 $33,523 $6,178 $27,345
2024 $6,352 $31,626 $5,850 $25,776
2023 $6,060 $29,838 $5,244 $24,594
2022 $5,957 $44,760 $9,300 $35,460
2021 $6,232 $45,420 $9,300 $36,120
2020 $5,913 $39,300 $9,300 $30,000
2019 $5,513 $35,340 $9,300 $26,040
2018 $5,069 $24,865 $5,787 $19,078
2017 $5,069 $24,865 $7,111 $17,754
2016 $4,933 $24,676 $7,529 $17,147
2015 $2,609 $23,280 $9,039 $14,241
2014 $2,609 $21,963 $9,468 $12,495
Source: Public Records

Agents Affiliated with this Home

  • Araceli Zanabria

    Seller's Agent in 2023

    Araceli Zanabria

    Doors Realty NY Inc.

    (917) 518-5728

    1 in this area

    15 Total Sales

    Araceli Zanabria
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Map

Source: OneKey® MLS

MLS Number: KEY6257803

OneKey® MLS

APN: 03476-0016

New York Bronx County Bronx 10473 Clason Point

318 Newman Ave, Bronx, NY

Not Listed for Sale

MultiFamily

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