NOT LISTED FOR SALE

3614 Baychester Ave Bronx, NY 10466

Edenwald Neighborhood

Estimated Value: $858,949 - $959,000

7 Beds
3 Baths
3,420 Sq Ft
$268/Sq Ft Est. Value

Last Sold November 20, 2018

Last sale price $705,000 $206 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $5,660/month

35 Days on Market

Highlights

  • Water Access
  • 5-minute walk to Baychester Avenue
  • Granite Countertops
  • Property is near public transit
  • Wood Flooring
  • Window Unit Cooling System

About This Home

As of November 2018

GREAT VALUE AND RENTAL INCOME! This very well maintained home features two spacious 3 bedroom apartments. Both apartments have good sized, updated kitchens with granite counter tops. 2nd floor kitchen has Mahogany cabinets and the 3rd floor kitchen has oak wood cabinets. Both have dining areas and nice open floor plan. Updated bathrooms in both units. The 1st floor is an above ground basement and has an in-law apartment with 1 bedroom, living room with kitchen and bath. Utility room is also on the 1st floor. The garage was converted into an extra room. Walk out to the large back yard with nice patio and shed. Driveway has 3 parking spots. Close to public transportation, schools, shopping etc. Take advantage of this 2nd generation family owned multi family home that has not been on the market since decades. This will not last long. Come and take a look! MUST SEE!

Last Agent to Sell the Property

Petra Contrada

Keller Williams NY Realty Brokerage Phone: 914-437-6100 License #40CO1122228 Listed on: 03/15/2018

Last Buyer's Agent

Maria Fermin

CORE Realty Success License #10311206376

CORE Realty Success

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,279

Year Built

  • Built in 1967

Lot Details

  • 3,049 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Home Design

  • Tri-Level Property
  • Brick Exterior Construction

Interior Spaces

  • 3,420 Sq Ft Home
  • Storage
  • Granite Countertops

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Finished Basement

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

Parking

  • 3 Parking Spaces
  • Driveway

Outdoor Features

  • Water Access
  • Patio

Location

  • Property is near public transit

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Assessor Parcel Number 04916-0051

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

$6,279

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Tri-Level
  • Property SubType: Multi Family
  • Year Built: 1967
  • Attribution Contact: 914-437-6100
  • Village: None
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Granite Counters, Storage
  • Living Area Units: Square Feet
  • Flooring: Hardwood, Wall To Wall Carpet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 7
  • Living Area: 3420
  • Owner Pays: Insurance
  • SquareFootage: 3420.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Brick
  • Waterfront Features: Water Access
  • Patio and Porch Features: Patio

Garage/Parking

  • Total Parking Spaces: 3
  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 1

Association/Amenities

  • Community Features: Trash Collection, Park

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdditionalFeesYN: 0

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Dimensions: 0.0700
  • Lot Size Sq Ft: 3049
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 04916-0051
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cooking Gas, Electricity

Multi Family

  • Fuel Expense: 4000
  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf3Bedrooms: 2

Tax Info

  • Tax Annual Amount: 6279
  • Tax Map Number: 04916-0051
  • IncludedInTaxes: Sewer,Trash

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
Mar 15, 2018
Closed on
Nov 20, 2018
Sold by
Oniel Ramdeen Alfred
Bought by
Encalada Alicia and Encalada Luis
Seller's Agent
Petra Contrada
Keller Williams NY Realty
Buyer's Agent
Maria Fermin
CORE Realty Success
List Price
$799,000
Sold Price
$705,000
Premium/Discount to List
-$94,000
-11.76%
Current Estimated Value
$916,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,737
Avg. Annual Appreciation
4.19%
Original Mortgage
$599,307
Outstanding Balance
$531,075
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$401,565

Purchase Details

Closed on
Oct 25, 2013
Sold by
Ramdeen Alfred O and Ramdeen Steve I
Bought by
Ramdeen Alfred O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,375
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2012
Sold by
Alfred Oniel Ramdeen As Trustee Of The
Bought by
Ramdeen Alfred O and Ramdeen Steve I

Purchase Details

Closed on
Jan 24, 2009
Sold by
Ramdeen Alfred
Bought by
Alfred Oniel Ramdeen As Trustee and The Alfred Ramdeen Irrevocable Trust
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
Encalada Alicia $705,000 --
Ramdeen Alfred O -- --
Ramdeen Alfred O -- --
Alfred Oniel Ramdeen As Trustee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Encalada Alicia L $32,296
Open Encalada Alicia $599,307
Previous Owner Oniel Ramdeen Alfred $92,875
Previous Owner Ramdeen Alfred O $254,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2018 11/20/18 Sold $705,000 -11.8% $206 / Sq Ft
03/15/2018 03/15/18 Pending -- -- --
03/15/2018 03/15/18 For Sale $799,000 -- $234 / 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 $8,439 $46,021 $10,773 $35,248
2024 $8,439 $43,416 $10,200 $33,216
2023 $8,473 $43,121 $10,420 $32,701
2022 $7,834 $40,680 $11,700 $28,980
2021 $7,942 $39,180 $11,700 $27,480
2020 $7,822 $41,400 $11,700 $29,700
2019 $7,276 $36,180 $11,700 $24,480
2018 $7,127 $36,420 $11,700 $24,720
2017 $6,818 $34,916 $11,217 $23,699
2016 $6,275 $32,940 $11,700 $21,240
2015 $3,800 $34,620 $13,020 $21,600
2014 $3,800 $33,081 $12,441 $20,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4809296

OneKey® MLS

APN: 04916-0051