E
Seller's Agent in 2023
Errol Brown
Browns Realty Services
(914) 665-5473
2 in this area
4 Total Sales
402 S 3rd Ave Mount Vernon, NY 10550
Estimated Value: $851,000 - $1,011,000
12
Beds
6
Baths
3,485
Sq Ft
$263/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Corner Lot
- 1 Car Detached Garage
- Wood Flooring
- Formal Dining Room
- Park
About This Home
As of August 2023This True Money Market Property is a Home Buyers Dream!!! Large 3 Family Fixer Upper House located on a corner lot. Hardwood Floors throughout, totaling 12 Bedrooms, each apartment unit features 4 Bedrooms that also have their own Independent Gas Boiler and Hot Water Tank. The 1st and 2nd floor also include a Formal Dining Room and 1.5 Bathrooms. Close to Schools, Stores, and Public Transportation - (52, 53, 54, 42, 7 Bus), 2/5 Train, Hutchison PKWY, 95, Metro North - Mount Vernon East Line; this home features a full and finished Basement, Carport (that can hold approximately 2 cars) and a Detached 1 Car Garage. Property is being sold as is. Due to its condition, property may not qualify for a conventional loan. Cash or 203k loan. Needs Repair.
Last Agent to Sell the Property
Browns Realty Services License #10301210999 Listed on: 07/22/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,200
Year Built
- Built in 1917
Lot Details
- 3,559 Sq Ft Lot
- No Common Walls
- Stone Wall
- Corner Lot
Parking
- 1 Car Detached Garage
- Carport
- Driveway
Home Design
- Tri-Level Property
- Brick Exterior Construction
- Stucco
Interior Spaces
- 3,485 Sq Ft Home
- Formal Dining Room
- Wood Flooring
- Finished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 12 Bedrooms
Location
- Property is near public transit
Schools
- Rebecca Turner Elementary School
- Benjamin Turner Middle School
- Nellie Thornton -Performing Arts High School
Utilities
- No Cooling
- Baseboard Heating
- Hot Water Heating System
- Heating System Uses Natural Gas
Listing and Financial Details
- Tenant pays for cooking gas, electricity, heat
- Assessor Parcel Number 0800-169-031-03107-000-0002
Community Details
Overview
- 3 Units
Recreation
- Park
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 22, 2022
Closed on
Aug 18, 2023
Sold by
Dunlap Craig
Bought by
Balthazar Karl C
Seller's Agent
Errol Brown
Browns Realty Services
Buyer's Agent
Errol Brown
Browns Realty Services
List Price
$689,000
Sold Price
$716,560
Premium/Discount to List
$27,560
4%
Views
482
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
$199,107
Avg. Annual Appreciation
10.85%
Original Mortgage
$925,009
Interest Rate
6.78%
Mortgage Type
FHA
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Balthazar Karl C | $716,560 | Globalserve Title Agency | |
| Dunlap Craig | $716,560 | Globalserve Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Dunlap Craig | $925,009 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/18/2023 08/18/23 | Sold | $716,560 | +4.0% | $206 / Sq Ft |
| 03/30/2023 03/30/23 | Pending | -- | -- | -- |
| 01/11/2023 01/11/23 | For Sale | $689,000 | 0.0% | $198 / Sq Ft |
| 11/03/2022 11/03/22 | Pending | -- | -- | -- |
| 08/04/2022 08/04/22 | For Sale | $689,000 | -- | $198 / Sq Ft |
Source: OneKey® MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | -- | $11,500 | $1,800 | $9,700 |
| 2023 | $9,244 | $7,200 | $1,800 | $5,400 |
| 2022 | $11,352 | $7,200 | $1,800 | $5,400 |
| 2021 | $11,148 | $7,200 | $1,800 | $5,400 |
| 2020 | $10,802 | $7,200 | $1,800 | $5,400 |
| 2019 | $10,668 | $7,200 | $1,800 | $5,400 |
| 2018 | $0 | $7,200 | $1,800 | $5,400 |
| 2017 | $0 | $7,200 | $1,800 | $5,400 |
| 2016 | $10,255 | $7,200 | $1,800 | $5,400 |
| 2015 | -- | $7,200 | $1,800 | $5,400 |
| 2014 | -- | $9,500 | $1,800 | $7,700 |
| 2013 | -- | $11,000 | $1,800 | $9,200 |
Source: Public Records
Agents Affiliated with this Home
-
Errol Brown
Map
Source: OneKey® MLS
MLS Number: KEY6200679
APN: 0800-169-031-03107-000-0002
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