NOT LISTED FOR SALE

387 E 158th St Bronx, NY 10451

Melrose Neighborhood

Estimated Value: $485,000 - $711,000

6 Beds
3.5 Baths
1,244 Sq Ft
$459/Sq Ft Est. Value

Last Sold November 23, 2021

Last sale price $380,000 $305 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,063/month

3 Days on Market

Highlights

  • Property is near public transit
  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Balcony
  • Park
  • 3-minute walk to Railroad Park

About This Home

As of November 2021

Property needs work... Property being sold as is.

Last Agent to Sell the Property

Alex Baez

Baez Real Estate, Inc. License #10311209259 Listed on: 03/11/2021

Baez Real Estate, Inc.

Last Buyer's Agent

Shahriar Homapour

Active Homes Realty Inc License #31HO0747717

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $899

Year Built

  • Built in 1920

Lot Details

  • 2,500 Sq Ft Lot
  • No Common Walls
  • Fenced

Interior Spaces

  • 1,244 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms

Finished Basement

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

Parking

  • No Garage
  • Public Parking
  • On-Street Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Balcony
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Assessor Parcel Number 02405-0029

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

$899

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: 2 Story
  • Property SubType: Multi Family
  • Year Built: 1920
  • Attribution Contact: 718-324-6060
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 6
  • Living Area: 1244.00
  • Square Footage: 1244.00

Exterior Features

  • Fencing: Fenced
  • Exterior Features: Balcony

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: No Garage, None, Public Parking, On Street

Utilities

  • Cooling: Wall Unit(s), Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Hot Water: Gas Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Additional Fee: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.0600
  • Lot Size Sq Ft: 2500.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 02405-0029
  • Property Attached: No

Rental Info

  • Tenant Pays: Cooking Gas, Electricity

Tax Info

  • Close Date: 2021-11-23
  • Included in Taxes: Trash
  • Tax Annual Amount: 899.00
  • Tax Map Number: 02405-0029

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

Closed on
Nov 7, 2022
Sold by
387 East 158 Street Llc
Bought by
Ramirez Johanny
Current Estimated Value
$571,031

Purchase Details

Listed on
Mar 11, 2021
Closed on
Nov 17, 2021
Sold by
Reyes Pedro and Reyes Thelma
Bought by
387 East 158 Street Llc
Seller's Agent
Alex Baez
Baez Real Estate, Inc.
Buyer's Agent
Alex Baez
Baez Real Estate, Inc.
List Price
$300,000
Sold Price
$380,000
Premium/Discount to List
$80,000
26.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.39%
Original Mortgage
$360,000
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 21, 2006
Sold by
Ramos Dagoberto
Bought by
Reyes Pedro and Reyes Thelma
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Ramirez Johanny -- --
387 East 158 Street Llc $380,000 --
Reyes Pedro $462,920 --
Reyes Pedro $462,920 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 387 East 158 Street Llc $360,000
Closed Reyes Pedro $0
Closed Reyes Pedro $92,584
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/23/2021 11/23/21 Sold $380,000 +26.7% $305 / Sq Ft
03/14/2021 03/14/21 Pending -- -- --
03/11/2021 03/11/21 For Sale $300,000 -- $241 / 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 $959 $5,060 $1,760 $3,300
2024 $959 $4,775 $1,978 $2,797
2023 $919 $4,523 $1,949 $2,574
2022 $853 $30,900 $12,900 $18,000
2021 $899 $29,460 $12,900 $16,560
2020 $893 $32,520 $12,900 $19,620
2019 $832 $30,960 $12,900 $18,060
2018 $768 $3,769 $1,754 $2,015
2017 $726 $3,560 $2,168 $1,392
2016 $712 $3,560 $1,876 $1,684
2015 $405 $3,514 $1,702 $1,812
2014 $405 $3,316 $1,487 $1,829
Source: Public Records

Agents Affiliated with this Home

  • Alex Baez

    Seller's Agent in 2021

    Alex Baez

    Baez Real Estate, Inc.

    (646) 830-7660

    4 in this area

    121 Total Sales

    Alex Baez
    Section Image

  • S

    Buyer's Agent in 2021

    Shahriar Homapour

    Active Homes Realty Inc

See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY6101479

OneKey® MLS

APN: 02405-0029

New York Bronx County Bronx 10451 Melrose

387 E 158th St, Bronx, NY

Not Listed for Sale

MultiFamily

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