NOT LISTED FOR SALE

Estimated Value: $876,000 - $1,247,000

6 Beds
5 Baths
3,971 Sq Ft
$266/Sq Ft Est. Value

Last Sold June 09, 2021

Last sale price $1,050,000 $264 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $6,635/month

277 Days on Market

Highlights

  • Deck
  • 4-minute walk to 205 Street-Norwood
  • Wood Flooring
  • Property is near public transit
  • Private Lot
  • Formal Dining Room

About This Home

As of June 2021

This meticulously kept home has boundless income potential. Nested in the Norwood area of the Bronx this home features an owner's unit with two large master bedrooms, and two full size bedrooms. Sitting on the third floor is a loft with extra sitting room, kitchenette, three skylights, and outdoor deck. The income unit has a completely separate entrance and offers two bedrooms and two full bathrooms in this duplex apartment. Along with the six car driveway, you'll appreciate the two car garage. Above the garage is a finished heated space (400 sq ft) perfect for art studio, office, or workspace. Lot size is an estimated 5,500 sq ft. R5 Zoning. Close to Metro North Williamsbridge Station and D train, Montefiore Medical Center.

Last Agent to Sell the Property

Saulo Espaillat

Compass Greater NY, LLC License #10401284064 Listed on: 06/01/2020

Compass Greater NY, LLC

Co-Listed By

Lorena Espaillat

Compass Greater NY, LLC License #10401292375

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,118

Year Built

  • Built in 1902

Lot Details

  • 4,761 Sq Ft Lot
  • No Common Walls
  • Fenced
  • Private Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Driveway
  • Parking Lot

Home Design

  • Split Level Home
  • Aluminum Siding

Interior Spaces

  • 3,971 Sq Ft Home
  • Entrance Foyer
  • Formal Dining Room
  • Storage
  • Wood Flooring
  • Eat-In Kitchen
  • Property Views

Bedrooms and Bathrooms

  • 6 Bedrooms
  • In-Law or Guest Suite
  • 5 Full Bathrooms

Basement

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

Outdoor Features

  • Balcony
  • Deck
  • Separate Outdoor Workshop

Location

  • Property is near public transit

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Oil
  • Oil Water Heater

Listing and Financial Details

  • Assessor Parcel Number 03355-0059

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,118

Year Built

Built in 1902

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: See Remarks, Split Level
  • Property SubType: Multi Family
  • Year Built: 1902
  • Attribution Contact: 914-327-2777
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen, Formal Dining Room, Entrance Foyer, Guest Quarters, Storage
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 5
  • Full Bathrooms: 5
  • Basement: Full, See Remarks, Walk-Out Access
  • Total Bedrooms: 6
  • Living Area: 3971.00
  • Square Footage: 3971.00

Exterior Features

  • Other Structures: Workshop
  • Construction Materials: Aluminum Siding
  • Fencing: Fenced
  • View: Other
  • Exterior Features: Balcony
  • Patio and Porch Features: Deck
  • View YN: Yes

Garage/Parking

  • Total Parking Spaces: 8.00
  • Attached Garage: No
  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Description: Detached, 2 Car Detached, Driveway, Parking Lot, Other

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Oil, Other, Baseboard, Forced Air
  • Hot Water: Fuel Oil Stand Alone, See Remarks
  • 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: 0.1100
  • Lot Size Area: 0.1100
  • Lot Dimensions: 0.1093
  • Lot Size Sq Ft: 4761.00
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit, Private
  • Parcel Number: 03355-0059
  • Property Attached: No

Rental Info

  • Hold Start Date: 2021-02-08

Tax Info

  • Close Date: 2021-06-09
  • Included in Taxes: Sewer, Trash
  • Tax Annual Amount: 7118.00
  • Tax Map Number: 03355-0059

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 1

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 1, 2020
Closed on
Jun 9, 2021
Sold by
Estate Of Alfonso Ramos
Bought by
Salek Md Abu
Seller's Agent
Saulo Espaillat
Compass Greater NY, LLC
List Price
$1,999,998
Sold Price
$1,050,000
Premium/Discount to List
-$949,998
-47.5%
Total Days on Market
277
Current Estimated Value
$1,056,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,148
Avg. Annual Appreciation
2.09%
Original Mortgage
$600,000
Outstanding Balance
$549,105
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$591,244
Source: Public Records

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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
Salek Md Abu $1,050,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salek Md Abu $600,000
Previous Owner Ramos Alfonso $787,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2021 06/09/21 Sold $1,050,000 0.0% $264 / Sq Ft
03/05/2021 03/05/21 Pending -- -- --
02/08/2021 02/08/21 Off Market $1,050,000 -- --
08/13/2020 08/13/20 Price Changed $1,135,000 -5.4% $286 / Sq Ft
06/01/2020 06/01/20 Price Changed $1,199,998 -40.0% $302 / Sq Ft
06/01/2020 06/01/20 For Sale $1,999,998 -- $504 / 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
2024 $8,468 $42,163 $13,216 $28,947
2023 $8,292 $40,831 $11,012 $29,819
2022 $7,690 $48,180 $13,560 $34,620
2021 $7,838 $39,480 $13,560 $25,920
2020 $7,437 $42,960 $13,560 $29,400
2019 $7,350 $42,420 $13,560 $28,860
2018 $6,936 $34,026 $12,586 $21,440
2017 $6,544 $32,100 $13,560 $18,540
2016 $6,204 $31,036 $13,284 $17,752
2015 $3,785 $29,280 $11,280 $18,000
2014 $3,785 $29,280 $11,280 $18,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6042103

OneKey® MLS

APN: 03355-0059