NOT LISTED FOR SALE

Estimated Value: $847,381 - $969,000

6 Beds
2 Baths
2,400 Sq Ft
$373/Sq Ft Est. Value

Last Sold October 05, 2022

Last sale price $870,000 $362 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,353/month

16 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • 4 Car Detached Garage
  • Private Lot
  • Main Floor Primary Bedroom
  • 2-minute walk to Melrose Playground

About This Home

As of October 2022

Immaculate 2 Family home home built in 1991 located in the Heart of Melrose . Welcome to a turn key ready 2 family home offering a spacious 4 bedroom duplex 2 full baths, a formal dining room, spacious living room with access to the backyard offering great space for BBQ's and entertaining, hardwood floors through out, tons of closet space, washer & dryer, great size bedrooms, bathrooms and kitchen. First floor unit features a spacious 2 bedroom 1 full bath apartment, open layout with access to the backyard and large bedroom.The property offers about 4+cars parking, great lot size 30x100. Few steps away from the 2,5 & 4 subway lines, minutes from Manhattan, near major highways, shopping hubs, Yankee Stadium, Hostos Community College, hospitals, parks and schools.Virtual video available- Put full address on youtube

Last Agent to Sell the Property

Alex Baez

Baez Real Estate, Inc. License #10311209259 Listed on: 07/27/2022

Baez Real Estate, Inc.

Last Buyer's Agent

Parrish Paschall

NYC Empire Realty Inc. License #10401313651

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,875

Year Built

  • Built in 1991

Lot Details

  • 3,001 Sq Ft Lot
  • Two or More Common Walls
  • Fenced
  • Private Lot
  • Corner Lot

Parking

  • 4 Car Detached Garage
  • Public Parking
  • Driveway
  • On-Street Parking

Home Design

  • Stucco

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Instant Hot Water

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Location

  • Property is near public transit

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Municipal Trash

Listing and Financial Details

  • Tenant pays for cooking gas, electricity, heat
  • Assessor Parcel Number 02376-0040

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

$4,875

Year Built

Built in 1991

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Architectural Style: 2 Story
  • Property SubType: Multi Family
  • Year Built: 1991
  • Attribution Contact: 888-276-0630
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Master Downstairs
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: None
  • Total Bedrooms: 6
  • Living Area: 2400.00
  • Square Footage: 2400.00

Exterior Features

  • Construction Materials: Stucco
  • Fencing: Fenced

Garage/Parking

  • Total Parking Spaces: 4.00
  • Attached Garage: No
  • Garage Spaces: 4.00
  • Garage: Yes
  • Parking Description: Detached, 4+ Car Detached, Driveway, Private, Public Parking, On Street

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Garbage Removal: Public
  • Heating: Natural Gas, Baseboard
  • Hot Water: On Demand
  • 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: 0.0700
  • Lot Size Area: 0.0700
  • Lot Size Sq Ft: 3001.00
  • Lot Size Units: Acres
  • Lot Features: Corner Lot, Near Public Transit, Private
  • Parcel Number: 02376-0040
  • Property Attached: Yes

Rental Info

  • Tenant Pays: Cooking Gas, Electricity, Heat

Tax Info

  • Close Date: 2022-10-05
  • Included in Taxes: Trash
  • Tax Annual Amount: 4875.00
  • Tax Map Number: 02376-0040

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

Listed on
Jul 27, 2022
Closed on
Oct 5, 2022
Sold by
Marino Marco
Bought by
Rodriguez Frank and Thomas Brittany
Seller's Agent
Alex Baez
Baez Real Estate, Inc.
Buyer's Agent
Parrish Paschall
NYC Empire Realty Inc.
List Price
$850,000
Sold Price
$870,000
Premium/Discount to List
$20,000
2.35%
Views
8
Current Estimated Value
$894,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,345
Avg. Annual Appreciation
1.54%
Original Mortgage
$854,242
Outstanding Balance
$822,375
Interest Rate
5.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$86,994

Purchase Details

Closed on
Nov 17, 2005
Sold by
Baerga Hector and Hilario Mirtha
Bought by
Marino Marco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage
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
Rodriguez Frank $870,000 --
Marino Marco $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Frank $854,242
Previous Owner Marino Marco $404,000
Previous Owner Marino Marco $101,000
Previous Owner Marino Marco $360,000
Previous Owner Marino Marco $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2022 10/05/22 Sold $870,000 +2.4% $363 / Sq Ft
08/12/2022 08/12/22 Pending -- -- --
07/27/2022 07/27/22 For Sale $850,000 -- $354 / 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 $5,757 $30,383 $6,197 $24,186
2024 $5,757 $28,663 $6,664 $21,999
2023 $5,570 $27,427 $6,469 $20,958
2022 $4,879 $48,780 $11,760 $37,020
2021 $5,143 $42,180 $11,760 $30,420
2020 $5,063 $38,640 $11,760 $26,880
2019 $4,704 $31,140 $11,760 $19,380
2018 $4,362 $22,856 $10,370 $12,486
2017 $4,096 $21,565 $9,830 $11,735
2016 $4,001 $21,565 $8,697 $12,868
2015 $2,234 $21,099 $7,694 $13,405
2014 $2,234 $19,905 $7,856 $12,049
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6201726

OneKey® MLS

APN: 02376-0040