NOT LISTED FOR SALE

405 W 238th St Bronx, NY 10463

Fieldston Neighborhood

Estimated Value: $806,468 - $988,000

3 Beds
2 Baths
1,400 Sq Ft
$644/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $747,500 $534 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,259/month

179 Days on Market

Highlights

  • Wood Flooring
  • 3-minute walk to 238 Street
  • Balcony
  • P.S. 81 - Robert J. Christen Rated A-
  • Main Floor Bedroom
  • 4-minute walk to Brust Park

About This Home

As of August 2020

Fully Detached, Legal 2 Family Home with R6 Zoning right on the Border of Kingsbridge and Riverdale! Features a 2 Bedroom 1 Bath Duplex with Balcony, and a ground floor 1 bedroom apartment with an outdoor patio! Great opportunity for rental income or can easily be used as a large single family home!!! The property is Zoned R6, opening the possibility to build more apartments! Delivered Vacant!!! Zoned for PS 24 and RKA Academy! This Property is just steps from the 1 Train (238th St) as well as a new shopping center that features BJs, Buffalo Wild Wings, Chipotle, as well as McDonald's and Wendy's (coming soon) ... other grocery store options within walking distance include Stop and Shop, Garden Gourmet, Rite Aid and Walgreens! Transportation is very convenient with the 1 train (238th station) located just a couple of blocks from the property! Residents also have the options of the 1,9, and 10 local buses as well as the BxM1 and BxM2 Express Buses within walking distance! Great opportunity for investors, primary users or developers! Delivered completely Vacant!!!!! Contact us for a private showing today!!!

Last Agent to Sell the Property

James Kolotouros

Bouklis Group Marketing Corp. License #10401241506 Listed on: 07/11/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,036

Year Built

  • Built in 1953

Lot Details

  • 2,148 Sq Ft Lot
  • No Common Walls

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,400 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Unfinished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Balcony
  • Patio
  • Porch

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 05777-0776

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,036

Year Built

Built in 1953

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: 2 Story
  • Property SubType: Multi Family
  • Year Built: 1953
  • Attribution Contact: 917-745-1880
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: 1st Floor Bedrm
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Partial, Unfinished
  • Total Bedrooms: 3
  • Living Area: 1400.00
  • Square Footage: 1400.00

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Exterior Features: Balcony
  • Patio and Porch Features: Patio, Porch

Garage/Parking

  • Total Parking Spaces: 2.00
  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Description: Attached, 1 Car Attached, Driveway

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Hot Water: See Remarks
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.0500
  • Lot Dimensions: 0.0493
  • Lot Size Sq Ft: 2148.00
  • Lot Size Units: Acres
  • Parcel Number: 05777-0776
  • Property Attached: No

Tax Info

  • Close Date: 2020-08-14
  • Tax Annual Amount: 6036.00
  • Tax Map Number: 05777-0776

Multi Family

  • Units Total: 2
  • 1 Bedrooms: 1
  • Two Bedrooms: 1
  • Separate Electric Meters: 2
  • Separate Gas Meters: 1

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 11, 2019
Closed on
Aug 6, 2020
Sold by
405 West 238 Llc
Bought by
Erick Dobgima
Seller's Agent
James Kolotouros
Bouklis Group Marketing Corp.
List Price
$800,000
Sold Price
$747,500
Premium/Discount to List
-$52,500
-6.56%
Current Estimated Value
$901,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,617
Avg. Annual Appreciation
3.48%
Original Mortgage
$598,000
Outstanding Balance
$529,083
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$372,034

Purchase Details

Closed on
Oct 30, 2017
Sold by
Osborne John and Osborne Velma
Bought by
405 West 238 Llc

Purchase Details

Closed on
Aug 1, 2006
Sold by
Arias Elvira
Bought by
Osbourne John and Osbourne Velma

Purchase Details

Closed on
Dec 22, 1998
Sold by
Nolan Barbara and Farrell Kathleen
Bought by
Arias Elvira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,992
Interest Rate
6.92%
Mortgage Type
FHA
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
Erick Dobgima $747,500 --
405 West 238 Llc $610,000 --
Osbourne John $525,000 --
Osbourne John $525,000 --
Arias Elvira $134,400 Commonwealth Land Title Ins
Arias Elvira $134,400 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Erick Dobgima $598,000
Previous Owner Arias Elvira $135,992
Closed Osbourne John $0
Closed Osbourne John $33,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2020 08/14/20 Sold $747,500 0.0% $534 / Sq Ft
04/05/2020 04/05/20 Off Market $747,500 -- --
01/06/2020 01/06/20 Pending -- -- --
11/23/2019 11/23/19 Price Changed $785,000 -1.3% $561 / Sq Ft
10/24/2019 10/24/19 Price Changed $795,000 -0.6% $568 / Sq Ft
07/11/2019 07/11/19 For Sale $800,000 -- $571 / 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 $6,955 $36,419 $8,253 $28,166
2024 $6,955 $34,628 $8,275 $26,353
2023 $5,771 $33,834 $7,920 $25,914
2022 $5,609 $43,440 $11,040 $32,400
2021 $6,720 $45,600 $11,040 $34,560
2020 $6,424 $50,400 $11,040 $39,360
2019 $6,037 $41,580 $11,040 $30,540
2018 $5,450 $28,195 $7,629 $20,566
2017 $5,409 $28,005 $6,482 $21,523
2016 $5,009 $26,608 $6,652 $19,956
2015 $2,967 $25,291 $9,513 $15,778
2014 $2,967 $24,048 $10,859 $13,189
Source: Public Records

Agents Affiliated with this Home

  • James Kolotouros

    Seller's Agent in 2020

    James Kolotouros

    Bouklis Group Marketing Corp.

    (917) 745-1880

    12 Total Sales

    James Kolotouros
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Map

Source: OneKey® MLS

MLS Number: KEY4986071

OneKey® MLS

APN: 05777-0776

New York Bronx County Bronx 10463 Fieldston

405 W 238th St, Bronx, NY

Not Listed for Sale

MultiFamily

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