NOT LISTED FOR SALE

Estimated Value: $755,790 - $972,000

4 Beds
2 Baths
1,656 Sq Ft
$517/Sq Ft Est. Value

Sale Details

Date Sold: November 18, 2021

Last sale price $750,000 $453 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,156 / mo

172 Days on Market

Highlights

  • Water Access
  • Window Unit Cooling System
  • Baseboard Heating
  • Property is near public transit
  • Park
  • 1 Car Garage

About This Home

As of November 2021

Rare WATERFRONT "turn-key" two family home set on a 50' x 96' lot. Two beautifully maintained apartments, both units consist of: Open floor plan living room/dining room, 2 bedroom 1 bathroom apartments. Top floor apartment has a patio with water views. Each unit has its own separate boiler and hot water heater, Tenants pay ALL utilities. Spacious unfinished sub-basement. Have breakfast with the swans on your waterfront patio on Palmers Inlet. Garage, storage shed and parking galore! This is an opportunity not to be missed - a little piece of "Heaven in the Bronx." Will be delivered vacant.

Last Agent to Sell the Property

Maura Finnegan

BronxChester Realty License #10311204863 Listed on: 04/08/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,800

Year Built

  • Built in 1925 | Remodeled in 2017

Lot Details

  • 4,800 Sq Ft Lot
  • No Common Walls
  • Sloped Lot

Parking

  • 1 Car Garage
  • Off-Street Parking

Home Design

  • 1,656 Sq Ft Home
  • Bi-Level Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • 2 Heating Zones
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Electric Water Heater

Additional Features

  • Water Access
  • Property is near public transit
  • Unfinished Basement

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 05414-0218

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

$6,800

Year Built

Built in 1925 | Remodeled in 2017

Lot Details

4,800 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Bilevel
  • Property SubType: Multi Family
  • Year Built: 1925
  • Year Built Effective: 2017
  • Attribution Contact: 646-244-2598
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2017

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Unfinished
  • Total Bedrooms: 4
  • Living Area: 1656.00
  • Square Footage: 1656.00

Exterior Features

  • Construction Materials: Other
  • Waterfront Features: Water Access

Garage/Parking

  • Total Parking Spaces: 5.00
  • Attached Garage: No
  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Description: Garage, Off Street

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Hot Water: Electric Stand Alone
  • Heating Zones: 2
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Additional Fee: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.1100
  • Lot Size Sq Ft: 4800.00
  • Lot Size Units: Acres
  • Lot Features: Sloped, Near Public Transit
  • Parcel Number: 05414-0218
  • Property Attached: No

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Close Date: 2021-11-18
  • Included in Taxes: Trash
  • Tax Annual Amount: 6800.00
  • Tax Map Number: 05414-0218

Multi Family

  • Units Total: 2
  • Two Bedrooms: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

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
Apr 8, 2021
Closed on
Nov 18, 2021
Sold by
Giuseppe Vizzi and Vizzi Maria
Bought by
Lynch Christopher A
Seller's Agent
Maura Finnegan
BronxChester Realty
List Price
$839,000
Sold Price
$750,000
Premium/Discount to List
-$89,000
-10.61%
Current Estimated Value
$856,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,948
Avg. Annual Appreciation
3.04%
Original Mortgage
$736,415
Outstanding Balance
$665,850
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$191,098

Purchase Details

Listed on
Feb 23, 2015
Closed on
Jun 22, 2015
Sold by
Neubig Mary A
Bought by
Vizzi Giuseppe and Vizzi Maria
Seller's Agent
Vincent Ferrante
Keller Williams Realty NYC Grp
Buyer's Agent
Polly Watt
Coldwell Banker Realty
List Price
$499,000
Sold Price
$475,000
Premium/Discount to List
-$24,000
-4.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.39%
Original Mortgage
$459,146
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2005
Sold by
Pons Luis E and Pons Maria
Bought by
Neubig Mary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 19, 1999
Sold by
Soave Joseph
Bought by
Pons Luis E and Pons Maria
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lynch Christopher A $750,000 --
Vizzi Giuseppe $475,000 --
Neubig Mary A $585,000 --
Pons Luis E $283,000 The Judicial Title Ins Agenc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynch Christopher A $736,415
Previous Owner Vizzi Giuseppe $459,146
Previous Owner Neubig Mary A $385,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/18/2021 11/18/21 Sold $750,000 -10.6% $453 / Sq Ft
09/28/2021 09/28/21 Pending -- -- --
06/02/2021 06/02/21 For Sale $839,000 +11.9% $507 / Sq Ft
05/07/2021 05/07/21 Off Market $750,000 -- --
04/08/2021 04/08/21 For Sale $839,000 +76.6% $507 / Sq Ft
06/23/2015 06/23/15 Sold $475,000 -4.8% $287 / Sq Ft View Prior Sale
04/02/2015 04/02/15 Pending -- -- --
02/23/2015 02/23/15 For Sale $499,000 -- $301 / Sq Ft
Source: OneKey® MLS

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 $7,730 $38,777 $13,465 $25,312
2024 $7,730 $38,484 $12,101 $26,383
2023 $7,373 $36,306 $13,197 $23,109
2022 $6,833 $38,640 $13,980 $24,660
2021 $6,800 $38,640 $13,980 $24,660
2020 $6,840 $41,640 $13,980 $27,660
2019 $6,709 $35,820 $13,980 $21,840
2018 $6,167 $30,255 $10,601 $19,654
2017 $5,818 $28,543 $10,408 $18,135
2016 $5,383 $26,928 $10,252 $16,676
2015 $3,248 $26,928 $15,063 $11,865
2014 $3,248 $26,725 $13,955 $12,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6105692

OneKey® MLS

APN: 05414-0218

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