NOT LISTED FOR SALE

Estimated Value: $630,000 - $657,615

4 Beds
2.5 Baths
1,152 Sq Ft
$562/Sq Ft Est. Value

Last Sold November 12, 2021

Last sale price $540,000 $469 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,784/month

29 Days on Market

Highlights

  • Active Adult
  • Property is near public transit
  • Window Unit Cooling System
  • Colonial Architecture
  • Eat-In Kitchen
  • Park

About This Home

As of November 2021

Welcome to 4048 Ely Ave! This single family property with a townhouse feel contains 3 bedrooms 1.5 bathrooms and a finished basement with a separate entrance. Perfect for income!!! Located in the desirable Wakefield section of the North Bronx. It's ready to move right in! Huge deck around the back is terrific for entertaining, and the driveway in the front makes yard work and searching for parking a thing of the past. Priced to sell! Call For and appointment today..

Last Agent to Sell the Property

Garth Nevers

Nevers Realty, LLC License #10491212495 Listed on: 06/14/2021

Nevers Realty, LLC

Last Buyer's Agent

Garth Nevers

Nevers Realty, LLC License #10491212495 Listed on: 06/14/2021

Nevers Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,008

Year Built

  • Built in 1940

Lot Details

  • 1,712 Sq Ft Lot
  • Back Yard Fenced

Home Design

  • 1,152 Sq Ft Home
  • Colonial Architecture
  • Brick Exterior Construction
  • Block Exterior

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Powder Room

Finished Basement

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

Parking

  • Private Parking
  • Driveway

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Additional Features

  • Eat-In Kitchen
  • Property is near public transit

Listing and Financial Details

  • Exclusions: Second Refrigerator
  • Assessor Parcel Number 04979-0019

Community Details

Overview

  • Active Adult

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,008

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Exclusions: Second Refrigerator
  • Year Built: 1940
  • Attribution Contact: 516-575-7500
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Eat-in Kitchen, Powder Room
  • Living Area Units: Square Feet
  • Attic Description: See Remarks
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 4
  • Living Area: 1152.00
  • Square Footage: 1152.00

Exterior Features

  • Construction Materials: Block, Brick
  • Fencing: Back Yard

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway, Private

Utilities

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

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: Yes

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.0400
  • Lot Size Sq Ft: 1712.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04979-0019
  • Property Attached: Yes

Rental Info

  • Hold Start Date: 2021-07-01
  • Lease Considered: No

Tax Info

  • Close Date: 2021-11-12
  • Tax Annual Amount: 4008.00
  • Tax Map Number: 04979-0019

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
Jun 14, 2021
Closed on
Nov 12, 2021
Sold by
Diop Mustatpha
Bought by
Campbell Hanif Chadrick
Seller's Agent
Garth Nevers
Nevers Realty, LLC
Buyer's Agent
Garth Nevers
Nevers Realty, LLC
List Price
$530,000
Sold Price
$540,000
Premium/Discount to List
$10,000
1.89%
Current Estimated Value
$647,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,654
Avg. Annual Appreciation
4.51%
Original Mortgage
$557,535
Outstanding Balance
$511,309
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$136,345

Purchase Details

Listed on
Aug 15, 2018
Closed on
Jan 7, 2019
Sold by
Clarke Andrew and Clarke Ayesha
Bought by
Diop Moustapha
Seller's Agent
Sheik Khan
New Concept Sheiks Realty Inc.
Buyer's Agent
Sheik Khan
New Concept Sheiks Realty Inc.
List Price
$449,990
Sold Price
$420,000
Premium/Discount to List
-$29,990
-6.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.22%
Original Mortgage
$285,000
Interest Rate
4.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 11, 2011
Sold by
Clarke Andrew
Bought by
Clarke Andrew and Clarke Ayesha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,840
Interest Rate
5.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 18, 2004
Sold by
Josephs Linnette Z and Josephs Waldermor
Bought by
Clarke Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Campbell Hanif Chadrick $545,000 --
Diop Moustapha $420,000 --
Clarke Andrew -- --
Clarke Andrew $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campbell Hanif Chadrick $557,535
Previous Owner Diop Moustapha $285,000
Previous Owner Clarke Andrew $15,840
Previous Owner Clarke Andrew $212,000
Closed Clarke Andrew $39,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/12/2021 11/12/21 Sold $540,000 0.0% $469 / Sq Ft
07/14/2021 07/14/21 Pending -- -- --
07/01/2021 07/01/21 Off Market $540,000 -- --
06/14/2021 06/14/21 For Sale $530,000 +26.2% $460 / Sq Ft
01/07/2019 01/07/19 Sold $420,000 -6.7% $365 / Sq Ft View Prior Sale
08/15/2018 08/15/18 Pending -- -- --
08/15/2018 08/15/18 For Sale $449,990 -- $391 / 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 $4,564 $22,723 $4,251 $18,472
2024 $4,564 $22,723 $4,836 $17,887
2023 $4,580 $22,550 $4,486 $18,064
2022 $4,247 $32,160 $6,780 $25,380
2021 $4,224 $29,880 $6,780 $23,100
2020 $4,008 $29,040 $6,780 $22,260
2019 $3,961 $27,240 $6,780 $20,460
2018 $3,533 $18,792 $5,802 $12,990
2017 $3,314 $17,729 $5,892 $11,837
2016 $3,034 $16,726 $5,400 $11,326
2015 $2,090 $15,780 $7,560 $8,220
2014 $2,090 $15,780 $7,560 $8,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6122928

OneKey® MLS

APN: 04979-0019