NOT LISTED FOR SALE

3640 Palmer Ave Bronx, NY 10466

Edenwald Neighborhood

Estimated Value: $582,000 - $882,000

5 Beds
2.5 Baths
2,440 Sq Ft
$312/Sq Ft Est. Value

Last Sold February 02, 2023

Last sale price $492,500 $202 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,780/month

158 Days on Market

Highlights

  • 0.12 Acre Lot
  • Raised Ranch Architecture
  • Balcony
  • Property is near public transit
  • Main Floor Primary Bedroom
  • Eat-In Kitchen

About This Home

As of February 2023

Two Family home for sale in the Edenwald section of the Bronx. The home sits on an oversized lot and has a 3 bedroom ranch style over a 2 bedroom unit. This home comes with parking and some bonus space at the rear of the house.

Last Agent to Sell the Property

Corey Easley

YourHomeSold Guaranteed Realty License #10301205766 Listed on: 07/22/2022

YourHomeSold Guaranteed Realty

Last Buyer's Agent

Shmuel Solomon

International Realty Inc License #40SO0787324

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,493

Year Built

  • Built in 1938

Lot Details

  • 5,018 Sq Ft Lot
  • No Common Walls
  • Fenced

Home Design

  • 2,440 Sq Ft Home
  • Raised Ranch Architecture
  • Frame Construction
  • Vinyl Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

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

Additional Features

  • Eat-In Kitchen
  • Balcony
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 04921-0065

Community Details

Overview

  • 2 Units
  • Edenwald Community
  • Edenwald Subdivision

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,493

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Raised Ranch
  • Property SubType: Multi Family
  • Subdivision Name: Edenwald
  • Development Name: Edenwald
  • Year Built: 1938
  • Attribution Contact: 718-324-6060
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Master Downstairs, 1st Floor Bedrm, Eat-in Kitchen, Master Bath
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Living Area: 2440.00
  • Square Footage: 2440.00

Exterior Features

  • Construction Materials: Frame, Vinyl Siding
  • Fencing: Fenced
  • Exterior Features: Balcony

Garage/Parking

  • Total Parking Spaces: 2.00
  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Garbage Removal: Public
  • Heating: Natural Gas, 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

  • Elementary School: Call Listing Agent
  • Middle School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.1200
  • Lot Size Area: 0.1200
  • Lot Size Sq Ft: 5018.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04921-0065
  • Property Attached: No

Rental Info

  • Hold Start Date: 2022-11-29

Tax Info

  • Close Date: 2023-02-02
  • Tax Annual Amount: 6493.00
  • Tax Map Number: 04921-0065

Multi Family

  • Units Total: 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
Jul 22, 2022
Closed on
Feb 2, 2023
Sold by
Brown Paulette
Bought by
Palmer Prop Llc
Seller's Agent
Corey Easley
YourHomeSold Guaranteed Realty
Buyer's Agent
Corey Easley
YourHomeSold Guaranteed Realty
List Price
$750,000
Sold Price
$492,500
Premium/Discount to List
-$257,500
-34.33%
Views
146
Current Estimated Value
$762,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,744
Avg. Annual Appreciation
19.09%
Original Mortgage
$30,000
Outstanding Balance
$29,157
Interest Rate
6.12%
Mortgage Type
Unknown
Estimated Equity
$745,138

Purchase Details

Closed on
Mar 9, 1998
Sold by
W M F C 1997 4 Properties Inc
Bought by
Brown Paulette M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,800
Interest Rate
6.86%
Mortgage Type
FHA

Purchase Details

Closed on
May 16, 1997
Sold by
The Dime Svgs Bank Of New York Fsb
Bought by
Wmfc 1997-4 Properties Inc
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
Palmer Prop Llc $492,500 --
Palmer Prop Llc $492,500 --
Brown Paulette M $195,000 Fidelity National Title Ins
Brown Paulette M $195,000 Fidelity National Title Ins
Wmfc 1997-4 Properties Inc $102,000 --
Wmfc 1997-4 Properties Inc $102,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmer Prop Llc $30,000
Open Palmer Prop Llc $465,000
Closed Palmer Prop Llc $465,000
Previous Owner Brown Paulette M $64,400
Previous Owner Brown Paulette M $20,617
Previous Owner Brown Paulette M $71,826
Previous Owner Brown Paulette M $227,350
Previous Owner Brown Paulette M $185,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2023 02/02/23 Sold $492,500 0.0% $202 / Sq Ft
12/27/2022 12/27/22 Pending -- -- --
11/29/2022 11/29/22 Off Market $492,500 -- --
11/14/2022 11/14/22 Price Changed $550,000 -18.5% $225 / Sq Ft
09/19/2022 09/19/22 Price Changed $675,000 -6.9% $277 / Sq Ft
09/08/2022 09/08/22 Price Changed $725,000 -3.3% $297 / Sq Ft
07/22/2022 07/22/22 For Sale $750,000 -- $307 / 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 $7,618 $38,362 $8,758 $29,604
2024 $7,618 $37,931 $8,768 $29,163
2023 $7,267 $35,784 $8,802 $26,982
2022 $6,497 $42,180 $11,040 $31,140
2021 $6,828 $37,980 $11,040 $26,940
2020 $6,471 $36,420 $11,040 $25,380
2019 $6,319 $37,560 $11,040 $26,520
2018 $5,781 $29,820 $11,040 $18,780
2017 $5,473 $28,320 $11,040 $17,280
2016 $5,335 $28,238 $9,362 $18,876
2015 $3,197 $26,640 $12,240 $14,400
2014 $3,197 $26,640 $12,240 $14,400
Source: Public Records

Agents Affiliated with this Home

  • Corey Easley

    Seller's Agent in 2023

    Corey Easley

    YourHomeSold Guaranteed Realty

    (917) 865-2624

    1 in this area

    16 Total Sales

    Corey Easley
    Section Image

  • S

    Buyer's Agent in 2023

    Shmuel Solomon

    International Realty Inc

See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY6200895

OneKey® MLS

APN: 04921-0065

New York Bronx County Bronx 10466 Edenwald

3640 Palmer Ave, Bronx, NY

This home is located at 3640 Palmer Ave, Bronx, NY 10466 since 22 July 2022 and is currently estimated at $762,244, approximately $312 per square foot. This property was built in 1938. 3640 Palmer Ave is a home located in Bronx County with nearby schools including P.S. 111 - Seton Falls, Baychester Middle School, and One World Middle School At Edenwald.

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