NOT LISTED FOR SALE

388 E 155th St Bronx, NY 10455

Melrose Neighborhood

Estimated Value: $835,000 - $883,000

8 Beds
3 Baths
3,162 Sq Ft
$273/Sq Ft Est. Value

Sale Details

Date Sold: June 16, 2021

Last sale price $617,000 $195 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,873 / mo

9 Days on Market

About This Home

As of June 2021

Calling all investors and developers. This one is for you. Welcome to Melrose. This 3 family features (2) three-bedroom apartments, (1) two-bedroom apartment and a full basement. It is conveniently located close to bus, train, school, shops and house of worship. Property needs gut rehab. Bring your imagination. Opportunity knocks. Call us for a private showing appointment. Thanks for looking.

Last Agent to Sell the Property

Gabriel Oquendo

Go Real Estate Inc. License #10311201954 Listed on: 04/27/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,433

Year Built

  • Built in 1899

Lot Details

  • 2,500 Sq Ft Lot
  • No Common Walls

Parking

  • On-Street Parking

Interior Spaces

  • 3,162 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Utilities

  • No Cooling

Listing and Financial Details

  • Assessor Parcel Number 02401-0018

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,433

Year Built

Built in 1899

Lot Details

2,500 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1899
  • Attribution Contact: 718-863-8778
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Full, Unfinished
  • Total Bedrooms: 8
  • Living Area: 3162.00
  • Square Footage: 3162.00

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Other, See Remarks
  • Hot Water: See Remarks
  • Sewer: Public Sewer, Other
  • Water Source: Public, See Remarks

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.0600
  • Lot Size Sq Ft: 2500.00
  • Lot Size Units: Acres
  • Parcel Number: 02401-0018
  • Property Attached: No

Rental Info

  • Hold Start Date: 2021-05-04

Tax Info

  • Close Date: 2021-06-16
  • Tax Annual Amount: 2433.00
  • Tax Map Number: 02401-0018

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: City of New York

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2021
Closed on
Jun 14, 2021
Sold by
Bought by
Seller's Agent
Gabriel Oquendo
Go Real Estate Inc.
List Price
$449,900
Sold Price
$617,000
Premium/Discount to List
$167,100
37.14%
Current Estimated Value
$864,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,000
Avg. Annual Appreciation
6.88%

Purchase Details

Closed on
Jul 3, 2018
Sold by
Bought by

Purchase Details

Closed on
Aug 22, 2008
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$558,300
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 15, 2007
Sold by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$625,792 --
$625,792 --
$625,792 --
$500 --
$500 --
$579,000 --
$579,000 --
$335,000 --
$335,000 --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $558,300
Previous Owner $280,000
Previous Owner $125,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/16/2021 06/16/21 Sold $617,000 0.0% $195 / Sq Ft
05/06/2021 05/06/21 Pending -- -- --
05/04/2021 05/04/21 Off Market $617,000 -- --
04/27/2021 04/27/21 For Sale $449,900 -- $142 / Sq Ft
Source: OneKey® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $2,806 $13,973 $2,019 $11,954
2025 $2,770 $13,973 $2,372 $11,601
2024 $2,770 $13,792 $2,659 $11,133
2023 $2,648 $13,039 $2,162 $10,877
2022 $2,460 $55,740 $9,900 $45,840
2021 $2,450 $46,680 $9,900 $36,780
2020 $2,465 $40,380 $9,900 $30,480
2019 $2,404 $34,440 $9,900 $24,540
2018 $2,215 $10,866 $4,310 $6,556
2017 $2,093 $10,268 $4,344 $5,924
2016 $1,940 $9,703 $3,488 $6,215
2015 $949 $9,703 $3,905 $5,798
2014 $949 $9,578 $3,412 $6,166
Source: Public Records

Agents Affiliated with this Home

  • Gabriel Oquendo

    Seller's Agent in 2021

    Gabriel Oquendo

    Go Real Estate Inc.

    (718) 863-8778

    18 Total Sales

    Gabriel Oquendo
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Map

Source: OneKey® MLS

MLS Number: KEY6111770

OneKey® MLS

APN: 02401-0018

New York Bronx County Bronx 10455 Melrose

388 E 155th St, Bronx, NY

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Based on information submitted to the MLS GRID
Listings courtesy of OneKey® MLS as distributed by MLS GRID

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