Seller's Agent in 2018
Brian Phillips
Douglas Elliman Real Estate
(347) 891-4334
59 Total Sales
366 E 159th St Bronx, NY 10451
Melrose NeighborhoodEstimated Value: $663,346 - $996,000
6
Beds
3
Baths
1,892
Sq Ft
$437/Sq Ft
Est. Value
Highlights
- Pre War Building
- 5-minute walk to Melrose Station
- 3-minute walk to Railroad Park
- Garden
About This Home
As of March 2018Located in Melrose section of the south-west Bronx, offered is a well maintained 2 family house, built in 1899+/-, that has been in the current family for almost 5 decades. It is comprised of a 3 bedroom apartment (2 bedroom, study and nursery) over a 2 bedroom apartment having access to the rear yard. The full finished basement has a separate entrance from the front and cellar doors in the rear. Each apartment has: 10'+/- ceilings, a windowed eat-in kitchen, a windowed full bathroom and a washer/dryer hook up. Rents include heat & hot water. The house is gated and comes equipped with a DVR video surveillance system having 7 cameras located in and around the house. 6,708+/- SF of available air rights makes this a development opportunity! Close to all!! A short walk to Yankee Stadium and the B, D & 4 trains at E161st St. Walk to the BX41 bus at Melrose Ave & E158th St, the BX6-SBS & BX6 buses at E161 St & Melrose Ave and the BX21 bus at 3rd Ave & E158th St, the Melrose Metro-North railroad Harlem Line at E162nd St & Park Ave, the 2 & 5 trains as well as shops at 3rd Ave & E149th Street "The Hub", Lincoln Hospital at E149th St & Park Ave and the Bronx Terminal Market (Gateway Mall) at E149th and Exterior Streets. Easy access to the Major Deegan Expressway.
Last Agent to Sell the Property
Douglas Elliman Real Estate License #30PH0866302 Listed on: 10/02/2017
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1899
Lot Details
- Garden
Home Design
- Pre War Building
Interior Spaces
- 1,892 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Community Details
- 2 Units
- Melrose Subdivision
Listing and Financial Details
- Tax Block 2405
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 2, 2017
Closed on
Mar 27, 2018
Sold by
Christina Guzman Deceased
Bought by
Schnall Allan
Seller's Agent
Brian Phillips
Douglas Elliman Real Estate
List Price
$600,000
Sold Price
$580,000
Premium/Discount to List
-$20,000
-3.33%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,587
Avg. Annual Appreciation
4.68%
Original Mortgage
$435,000
Outstanding Balance
$374,006
Interest Rate
4.43%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$452,581
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Schnall Allan | $580,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Schnall Allan | $435,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/27/2018 03/27/18 | Sold | $580,000 | -3.3% | $307 / Sq Ft |
| 02/25/2018 02/25/18 | Pending | -- | -- | -- |
| 10/11/2017 10/11/17 | For Sale | $600,000 | -- | $317 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
Tax History Compared to Growth
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 | $1,525 | $8,023 | $2,880 | $5,143 |
| 2024 | $1,525 | $7,591 | $2,469 | $5,122 |
| 2023 | $1,455 | $7,165 | $2,651 | $4,514 |
| 2022 | $1,430 | $35,520 | $12,900 | $22,620 |
| 2021 | $1,491 | $32,820 | $12,900 | $19,920 |
| 2020 | $1,415 | $34,920 | $12,900 | $22,020 |
| 2019 | $1,323 | $28,140 | $12,900 | $15,240 |
| 2018 | $1,217 | $5,971 | $2,620 | $3,351 |
| 2017 | $1,217 | $5,971 | $3,131 | $2,840 |
| 2016 | $0 | $5,904 | $3,576 | $2,328 |
| 2015 | -- | $5,572 | $2,658 | $2,914 |
| 2014 | -- | $5,272 | $2,251 | $3,021 |
Source: Public Records
Agents Affiliated with this Home
-
Brian Phillips
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10466669
APN: 02405-0011
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