NOT LISTED FOR SALE

371 E 198th St Bronx, NY 10458

Bedford Park Neighborhood

Estimated Value: $890,000 - $1,184,000

7 Beds
3 Baths
2,922 Sq Ft
$342/Sq Ft Est. Value

Last Sold August 25, 2022

Last sale price $875,000 $299 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,972/month

19 Days on Market

Highlights

  • 0.04 Acre Lot
  • Property is near public transit
  • 1 Car Attached Garage
  • Contemporary Architecture
  • Main Floor Primary Bedroom
  • Window Unit Cooling System

About This Home

As of August 2022

Two Family, Corner Property, Detached, Completely Gut Renovated in the Bedford Park Area of the Bronx. Five bedrooms duplex, two Bathrooms. On the first floor a Two Bedroom and One Bathroom Apartment. One Car garage. Finished Basement. Two hot water tanks. This property is located a few blocks from Fordham University and the Bronx Zoo.

Last Agent to Sell the Property

Alexander Galvez

Century 21 Galvez License #10491210468 Listed on: 01/05/2022

Century 21 Galvez

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,370

Year Built

  • Built in 1899

Lot Details

  • 1,568 Sq Ft Lot
  • No Common Walls

Parking

  • 1 Car Attached Garage

Home Design

  • 2,922 Sq Ft Home
  • Contemporary Architecture
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Location

  • Property is near public transit

Utilities

  • Window Unit Cooling System
  • 2 Heating Zones
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 03284-0017

Community Details

Recreation

  • Park

Additional Features

  • 2 Units
  • 3 Separate Electric Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,370

Year Built

Built in 1899

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Contemporary
  • Property SubType: Multi Family
  • Year Built: 1899
  • Attribution Contact: 718-409-6300
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Master Downstairs
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Finished
  • Total Bedrooms: 7
  • Living Area: 2922.00
  • Square Footage: 2922.00

Exterior Features

  • Construction Materials: Brick

Garage/Parking

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

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Electric, Baseboard
  • Hot Water: Electric Stand Alone
  • Heating Zones: 2
  • 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: 0.0400
  • Lot Size Area: 0.0400
  • Lot Size Sq Ft: 1568.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 03284-0017
  • Property Attached: No

Tax Info

  • Close Date: 2022-08-25
  • Included in Taxes: Sewer
  • Tax Annual Amount: 4370.00
  • Tax Map Number: 03284-0017

Multi Family

  • Units Total: 2
  • Two Bedrooms: 1
  • Four Bedrooms: 1
  • Separate Electric 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
Jan 5, 2022
Closed on
Aug 23, 2022
Sold by
371 E 198 Llc
Bought by
Mena Gleny and Mena Yerry J
Seller's Agent
Alexander Galvez
Century 21 Galvez
List Price
$899,000
Sold Price
$875,000
Premium/Discount to List
-$24,000
-2.67%
Current Estimated Value
$998,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,294
Avg. Annual Appreciation
6.34%
Original Mortgage
$859,151
Outstanding Balance
$822,650
Interest Rate
4.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$231,423

Purchase Details

Closed on
Sep 6, 2019
Sold by
Estate Of Mary Nesbitt and Estate Of Mary Valane
Bought by
371 E 198 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
3.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mena Gleny $875,000 --
371 E 198 Llc $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mena Gleny $859,151
Previous Owner 371 E 198 Llc $325,000
Previous Owner 371 E 198 Llc $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2022 08/25/22 Sold $875,000 -2.7% $299 / Sq Ft
01/24/2022 01/24/22 Pending -- -- --
01/05/2022 01/05/22 For Sale $899,000 -- $308 / 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 $6,529 $32,763 $4,886 $27,877
2024 $6,529 $32,509 $4,704 $27,805
2023 $6,304 $31,041 $4,061 $26,980
2022 $4,627 $45,300 $6,720 $38,580
2021 $4,607 $42,300 $6,720 $35,580
2020 $4,633 $38,640 $6,720 $31,920
2019 $4,534 $31,140 $6,720 $24,420
2018 $4,169 $20,451 $4,979 $15,472
2017 $3,937 $19,315 $6,060 $13,255
2016 $3,647 $18,241 $4,995 $13,246
2015 -- $18,238 $5,187 $13,051
2014 -- $18,062 $6,170 $11,892
Source: Public Records

Agents Affiliated with this Home

  • Alexander Galvez

    Seller's Agent in 2022

    Alexander Galvez

    Century 21 Galvez

    (646) 326-3146

    1 in this area

    81 Total Sales

    Alexander Galvez
    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY6160142

OneKey® MLS

APN: 03284-0017

New York Bronx County Bronx 10458 Bedford Park

371 E 198th St, Bronx, NY

This home is located at 371 E 198th St, Bronx, NY 10458 since 05 January 2022 and is currently estimated at $998,294, approximately $341 per square foot. This property was built in 1899. 371 E 198th St is a home located in Bronx County with nearby schools including Ps 20 George J Werdan Iii, I.S. 254X, and Our Lady of Refuge School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

OneKey® MLS The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Copyright 2025 OneKey® MLS. All rights reserved.

Nearby Homes