Scarla Pineda
Peace of Mind Realty
(833) 213-1431
32 Total Sales
1 in Melrose
$875,000 Price
397 E 158th St Bronx, NY 10451
Melrose NeighborhoodEstimated Value: $1,173,553
Studio
--
Baths
4,896
Sq Ft
$240/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Hot Water Heating System
- 4-minute walk to Railroad Park
- Park
About This Home
As of August 2014Calling all Investors/Buyers searching for a large income producing property. Legal two Family in the Melrose section of the Bronx Three Store Fronts, presently rented. Busy location, yet convenient for local residents; shopping, transportation, houses of worship; three blocks from Yankee Stadium-A Money Making investment.
Last Agent to Sell the Property
Kathy Dispenza
Howard Hanna Rand Realty Brokerage Phone: 914-964-2002 License #10401206019 Listed on: 06/14/2013
Last Buyer's Agent
Houlihan Lawrence Inc. Brokerage Phone: 914-964-2002 License #10401202486
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
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,002
Year Built
- Built in 1928
Lot Details
- 2,439 Sq Ft Lot
- No Common Walls
Parking
- On-Street Parking
Home Design
- 4,896 Sq Ft Home
- Brick Exterior Construction
- Vinyl Siding
Location
- Property is near public transit
Utilities
- Window Unit Cooling System
- Hot Water Heating System
- Heating System Uses Oil
Additional Features
- Partially Finished Basement
Listing and Financial Details
- Assessor Parcel Number 02405-0025
Community Details
Overview
- 2 Units
Recreation
- Park
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
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
Jun 14, 2013
Closed on
Aug 6, 2014
Sold by
Colon Benjamin
Bought by
Seller's Agent
Kathy Dispenza
Howard Hanna Rand Realty
Buyer's Agent
David Gaudio
Houlihan Lawrence Inc.
List Price
$779,000
Sold Price
$680,000
Premium/Discount to List
-$99,000
-12.71%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$493,553
Avg. Annual Appreciation
4.61%
Original Mortgage
$46,411
Outstanding Balance
$34,274
Interest Rate
4.14%
Mortgage Type
Commercial
Estimated Equity
$1,139,279
Purchase Details
Closed on
Dec 21, 2007
Sold by
Efrain Colon
Bought by
Colon Benjamin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.27%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 11, 2005
Sold by
Colon Benjamin
Bought by
Colon Benjamin
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Melrose, NY
-
Scarla Pineda
-
Chativa Bowen
Chativa Bowen
Keller Williams Realty
(845) 479-5868
74 Total Sales
1 in Melrose
$999,000 Price
-
Kristina Evans
Kristina Evans
Evagreen Associated Partners
(201) 479-9681
3 Total Sales
1 in Melrose
$415,000 Price
-
William Rodriguez
William Rodriguez
West-Green & Assoc RE Brokers
(929) 552-4150
53 Total Sales
1 in Melrose
$425,000 Price
-
Rob Rivera
Rob Rivera
Responds QuicklyThe Leasing Experts, LLC
(914) 350-6636
6 Total Sales
1 in Melrose
$370,000 Price
-
Yara Annechiarico
Yara Annechiarico
Responds QuicklyAt Home With Yara Realty
(866) 624-9403
147 Total Sales
1 in Melrose
$380,000 Price
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 |
|---|---|---|---|
| $670,000 | -- | ||
| Colon Benjamin | $150,000 | -- | |
| Colon Benjamin | $150,000 | -- | |
| Colon Benjamin | $150,000 | -- | |
| Colon Benjamin | -- | -- |
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 |
|---|---|---|---|
| Open | -- | $46,411 | |
| Previous Owner | -- | $450,000 | |
| Closed | Colon Benjamin | $20,000 |
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 |
|---|---|---|---|---|
| 08/06/2014 08/06/14 | Sold | $680,000 | -12.7% | $139 / Sq Ft |
| 01/31/2014 01/31/14 | Pending | -- | -- | -- |
| 06/14/2013 06/14/13 | For Sale | $779,000 | -- | $159 / 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 | $14,314 | $114,524 | $1,433 | $113,091 |
| 2025 | $13,861 | $114,511 | $1,205 | $113,306 |
| 2024 | $13,861 | $110,872 | $1,258 | $109,614 |
| 2023 | $12,600 | $102,714 | $1,386 | $101,328 |
| 2022 | $11,638 | $428,400 | $5,400 | $423,000 |
| 2021 | $0 | $450,045 | $5,400 | $444,645 |
| 2020 | $10,987 | $436,950 | $5,400 | $431,550 |
| 2019 | $10,756 | $363,960 | $5,400 | $358,560 |
| 2018 | $10,049 | $79,011 | $1,407 | $77,604 |
| 2017 | $9,307 | $73,171 | $1,418 | $71,753 |
| 2016 | $8,736 | $67,765 | $1,520 | $66,245 |
| 2015 | $5,671 | $67,758 | $1,823 | $65,935 |
| 2014 | $5,671 | $65,605 | $1,664 | $63,941 |
Source: Public Records
Agents Affiliated with this Home
-
KD
Seller's Agent in 2014
Kathy Dispenza
Howard Hanna Rand Realty
-
David Gaudio
Seller Co-Listing Agent in 2014
David Gaudio
Houlihan Lawrence Inc.
(914) 879-4841
46 Total Sales
Map
Source: OneKey® MLS
MLS Number: KEYH3318925
APN: 02405-0025
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.
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.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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 2026 OneKey® MLS. All rights reserved.
Based on information submitted to the MLS GRID
Listings courtesy of OneKey® MLS as distributed by MLS GRID
Nearby Homes
- 811 Courtlandt Ave
- 757 Elton Ave
- 384 E 155th St
- 837 Washington Ave Unit 4A
- 837 Washington Ave Unit 8M
- 837 Washington Ave Unit 5L
- 837 Washington Ave Unit 4B
- 837 Washington Ave Unit 3B
- 425 E 153rd St Unit 3A
- 804 Brook Ave Unit 11A
- 522 E 159th St Unit 2B
- 524 E 159th St Unit 2C
- 381 E 152nd St
- 785 Saint Ann's Ave Unit 23B
- 943 Teller Ave Unit 3A
- 521 E 156th St Unit C
- 529 E 156th St Unit 68D
- 971 Teller Ave
- 318 E 151st St Unit 4b
- 782 Cauldwell Ave
- 390 E 158th St Unit 3
- 390 E 158th St Unit 1
- 390 E 158th St Unit 2
- 380 E 158th St
- 380 E 158th St Unit 3
- 390 E 158th St
- 773 Melrose Ave
- 378 E 158th St
- 376 E 158th St
- 387 E 158th St
- 391 E 158th St
- 383 E 158th St
- 393 E 158th St
- 381 E 158th St
- 372 E 158th St
- 379 E 158th St
- 387 E 157th St
- 385 E 157th St
- 769 Melrose Ave
- 389 E 157th St
Your Personal Tour Guide
Ask me questions while you tour the home.