NOT LISTED FOR SALE

3854 Bailey Ave Bronx, NY 10463

Van Cortlandt Village Neighborhood

Estimated Value: $1,122,000 - $1,202,000

3 Beds
2 Baths
3,097 Sq Ft
$376/Sq Ft Est. Value

Last Sold September 03, 2021

Last sale price $550,000 $178 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $7,005/month

293 Days on Market

Highlights

  • Property is near public transit
  • Porch
  • Park
  • Wood Flooring
  • 1 Car Attached Garage
  • Baseboard Heating

About This Home

As of September 2021

Multiple family 3/2/1 that needs TLC. 1st Floor and 2nd floor units have open floor plan with spacious bedrooms and plenty of closets. Ground level unit with separate entrance. Close to Kingsbridge Shopping district, Van Cortlandt Park, Deegan Expwy, Manhattan and Riverdale.

Last Agent to Sell the Property

Laureen Ramos

G.C.B International Realty Co. License #10401255892 Listed on: 07/23/2020

Co-Listed By

Richard Torres

License #10491213413

Last Buyer's Agent

Laureen Ramos

G.C.B International Realty Co. License #10401255892 Listed on: 07/23/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,406

Year Built

  • Built in 1960

Lot Details

  • 3,132 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,097 Sq Ft Home
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • 3 Heating Zones
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Porch
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 03263-0039

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,406

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: See Remarks
  • Property SubType: Multi Family
  • Year Built: 1960
  • Attribution Contact: 718-709-0610
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 3097.00
  • Square Footage: 3097.00

Exterior Features

  • Construction Materials: Brick
  • Patio and Porch Features: Porch

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Baseboard
  • Hot Water: Gas Stand Alone
  • Heating Zones: 3
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Additional Fee: 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: 0.0700
  • Lot Size Area: 0.0700
  • Lot Size Sq Ft: 3132.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 03263-0039
  • Property Attached: Yes

Tax Info

  • Close Date: 2021-09-03
  • Included in Taxes: Trash
  • Tax Annual Amount: 7406.00
  • Tax Map Number: 03263-0039

Multi Family

  • Units Total: 2
  • 1 Bedrooms: 1
  • Two Bedrooms: 1
  • Three Bedrooms: 1
  • 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

Closed on
Apr 28, 2022
Sold by
Investors2investors Llc
Bought by
3854 Bailey Shg Llc
Current Estimated Value
$1,165,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 23, 2020
Closed on
Sep 3, 2021
Sold by
Estate Of Stephen Cheng
Bought by
Investors2investors Llc
Seller's Agent
Laureen Ramos
G.C.B International Realty Co.
Buyer's Agent
Laureen Ramos
G.C.B International Realty Co.
List Price
$699,000
Sold Price
$550,000
Premium/Discount to List
-$149,000
-21.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.89%
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
3854 Bailey Shg Llc $875,000 --
Investors2investors Llc $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 3854 Bailey Shg Llc $4,465,000
Closed 3854 Bailey Shg Llc $747,500
Previous Owner 3854 Bailey Shg Llc $900,000
Previous Owner 3854 Bailey Shg Llc $1,960,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2021 09/03/21 Sold $550,000 -21.3% $178 / Sq Ft
05/12/2021 05/12/21 Pending -- -- --
07/23/2020 07/23/20 For Sale $699,000 -- $226 / 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 $8,434 $83,100 $6,852 $76,248
2024 $8,434 $41,990 $7,146 $34,844
2023 $8,464 $41,674 $7,124 $34,550
2022 $7,849 $69,300 $13,560 $55,740
2021 $7,806 $56,280 $13,560 $42,720
2020 $7,407 $53,340 $13,560 $39,780
2019 $7,320 $44,040 $13,560 $30,480
2018 $7,079 $34,728 $11,749 $22,979
2017 $6,679 $32,763 $11,904 $20,859
2016 $6,179 $30,909 $12,407 $18,502
2015 $4,003 $29,160 $11,280 $17,880
2014 $4,003 $29,160 $11,280 $17,880
Source: Public Records

Agents Affiliated with this Home

  • Laureen Ramos

    Seller's Agent in 2021

    Laureen Ramos

    G.C.B International Realty Co.

    (718) 709-0610

    1 in this area

    10 Total Sales

    Laureen Ramos
    Section Image
  • Richard Torres

    Seller Co-Listing Agent in 2021

    Richard Torres

    (718) 709-0611

    1 in this area

    33 Total Sales

    Richard Torres
    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY6055503

OneKey® MLS

APN: 03263-0039

New York Bronx County Bronx 10463 Van Cortlandt Village

3854 Bailey Ave, Bronx, NY

This home is located at 3854 Bailey Ave, Bronx, NY 10463 since 23 July 2020 and is currently estimated at $1,165,667, approximately $376 per square foot. This property was built in 1960. 3854 Bailey Ave is a home located in Bronx County with nearby schools including P.S. 95 Sheila Mencher, St John School, and Horace Mann School Upper Division.

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