NOT LISTED FOR SALE

3616 Palmer Ave Bronx, NY 10466

Edenwald Neighborhood

Estimated Value: $970,000 - $1,157,000

8 Beds
5 Baths
3,381 Sq Ft
$319/Sq Ft Est. Value

Last Sold September 03, 2020

Last sale price $870,000 $257 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $6,421/month

Highlights

  • Colonial Architecture
  • Corner Lot
  • 1 Car Attached Garage
  • Property is near public transit
  • Balcony
  • Window Unit Cooling System

About This Home

As of September 2020

location location great income producing 3 family house for sale in the north bronx featuring 3 bedroom 2bath over 3 bedroom 2 bath over 2 bedroom 2 bath over full finished basement. This house is located 2.d block away from the 5 train min from bay plaza shopping mall close to the I-95 hutchinson pkwy. house also feature 3 gas boiler and 3 hot water tank a garage and drive for two more car. Property in very good move in tenant top floor will be deliver vacant. This property is a rare find and won't last long.

Last Agent to Sell the Property

Patrick Bartley

Bartley Home Realty LLC License #10491210597 Listed on: 06/28/2020

Last Buyer's Agent

Patrick Bartley

Bartley Home Realty LLC License #10491210597 Listed on: 06/28/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,896

Year Built

  • Built in 1989

Lot Details

  • 4,086 Sq Ft Lot
  • No Common Walls
  • Corner Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,381 Sq Ft Home
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Full Bathrooms

Utilities

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

Additional Features

  • Balcony
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 04921-0158

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,896

Year Built

Built in 1989

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1989
  • Attribution Contact: 718-654-4356
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 5
  • Full Bathrooms: 5
  • Basement: Finished, Full
  • Total Bedrooms: 8
  • Living Area: 3381.00
  • Square Footage: 3381.00

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Balcony

Garage/Parking

  • Total Parking Spaces: 3.00
  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Description: Attached, 1 Car Attached

Utilities

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

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.0900
  • Lot Size Sq Ft: 4086.00
  • Lot Size Units: Acres
  • Lot Features: Corner Lot, Near Public Transit
  • Parcel Number: 04921-0158
  • Property Attached: No

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Close Date: 2020-09-03
  • Tax Annual Amount: 7896.00
  • Tax Map Number: 04921-0158

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 4
  • Separate Gas Meters: 3

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
Jun 28, 2020
Closed on
Sep 3, 2020
Sold by
Smith Gary and Smith Norman
Bought by
Concepcion Melba and Vasquez Jose R
Seller's Agent
Patrick Bartley
Bartley Home Realty LLC
Buyer's Agent
Patrick Bartley
Bartley Home Realty LLC
List Price
$899,000
Sold Price
$870,000
Premium/Discount to List
-$29,000
-3.23%
Current Estimated Value
$1,077,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,687
Avg. Annual Appreciation
4.00%
Original Mortgage
$370,000
Outstanding Balance
$327,742
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$749,945

Purchase Details

Closed on
Mar 30, 1998
Sold by
Smith Norman and Smith Gary
Bought by
Smith Norman and Smith Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage
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
Concepcion Melba $870,000 --
Concepcion Melba $870,000 --
Smith Norman -- --
Smith Norman -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Concepcion Melba $370,000
Closed Concepcion Melba $370,000
Previous Owner Smith Norman $290,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2020 09/03/20 Sold $870,000 -3.2% $257 / Sq Ft
06/28/2020 06/28/20 Pending -- -- --
06/28/2020 06/28/20 For Sale $899,000 -- $266 / 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 $9,895 $49,853 $10,458 $39,395
2024 $9,895 $49,266 $10,660 $38,606
2023 $9,439 $46,478 $8,650 $37,828
2022 $8,753 $54,600 $11,580 $43,020
2021 $9,228 $52,380 $11,580 $40,800
2020 $8,794 $47,460 $11,580 $35,880
2019 $8,588 $42,000 $11,580 $30,420
2018 $7,896 $38,732 $10,740 $27,992
2017 $7,449 $36,540 $11,580 $24,960
2016 $7,336 $36,697 $11,049 $25,648
2015 $4,364 $34,620 $12,840 $21,780
2014 $4,364 $34,620 $12,840 $21,780
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2020

    Patrick Bartley

    Bartley Home Realty LLC

    (718) 654-4356

    26 Total Sales

    Patrick Bartley
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Map

Source: OneKey® MLS

MLS Number: KEY6048406

OneKey® MLS

APN: 04921-0158

New York Bronx County Bronx 10466 Edenwald

3616 Palmer Ave, Bronx, NY

Not Listed for Sale

MultiFamily

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