NOT LISTED FOR SALE

Estimated Value: $650,000 - $719,000

4 Beds
2.5 Baths
1,673 Sq Ft
$403/Sq Ft Est. Value

Last Sold March 19, 2024

Last sale price $615,000 $368 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,958/month

42 Days on Market

Highlights

  • Colonial Architecture
  • Property is near public transit
  • Dining Room Alcove
  • Deck
  • Wood Flooring
  • Porch

About This Home

As of March 2024

Welcome to 4062 Ely Ave in the heart of the Wakefield section of The Bronx. Rare Find! This immaculate Semi attached 1 family home features a very spacious Walkout Basement unit with private front & rear access, setup as a potential 1Bedroom unit. The home has been totaling renovated with high end luxury finishes. New electrical, New plumbing and upgrades throughout the house. Main floor offers a grand foyer, oversized living room & dining room that flows into the spacious kitchen that features stainless steel appliances, Quartz counter top, custom built white cabinets, access that flows into the grand sized deck with great space to BBQ & entertain. Beautiful new hardwood floors throughout. Total of 4 Bedrooms & 2.5 Baths. Parking for 2-3 cars. Solid brick house. The walkout basement unit has also been fully renovated with beautiful marble look tiles throughout, kitchenette, full bath, laundry room, 1 Large Bedroom, tall ceilings, private rear and front access.

Last Agent to Sell the Property

Hermi Aquino

RE/MAX Distinguished Hms.&Prop Brokerage Phone: (914) 346-8255 License #30AQ1103641 Listed on: 12/12/2023

RE/MAX Distinguished Hms.&Prop

Last Buyer's Agent

Nafi Mazid

Property Professionals Realty License #10401320558

Property Professionals Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,861

Year Built

  • Built in 1940

Lot Details

  • 2,614 Sq Ft Lot
  • Partially Fenced Property

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,673 Sq Ft Home
  • 2-Story Property
  • Dining Room Alcove
  • Formal Dining Room
  • Wood Flooring
  • Eat-In Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

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

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near public transit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Park

Listing and Financial Details

  • Assessor Parcel Number 04979-0026

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,861

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Levels: Two
  • Year Built: 1940
  • Attribution Contact: (914) 346-8255
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Private Laundry, Dining Alcove, Eat-in Kitchen, Formal Dining, Multi Level, Open kitchen
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 4
  • Living Area: 1673
  • AtticDescription: None
  • SquareFootage: 1673.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Brick
  • Fencing: Partial
  • Patio and Porch Features: Deck, Porch

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Other
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.06
  • Parcel Number: 04979-0026
  • Property Attached: Yes

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 4861
  • Tax Map Number: 04979-0026

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
Dec 12, 2023
Closed on
Mar 19, 2024
Sold by
Holland Development Corp
Bought by
Mumtaz Sajid and Sajid Aroosa
Seller's Agent
Hermi Aquino
RE/MAX Distinguished Hms.&Prop
Buyer's Agent
Nafi Mazid
Property Professionals Realty
List Price
$679,000
Sold Price
$615,000
Premium/Discount to List
-$64,000
-9.43%
Views
2265
Current Estimated Value
$674,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,116
Avg. Annual Appreciation
5.32%
Original Mortgage
$415,000
Outstanding Balance
$408,056
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$266,060

Purchase Details

Closed on
Sep 20, 2023
Sold by
Hanson Earl G and Hanson Susyon S
Bought by
Holland Development Corp

Purchase Details

Closed on
Jul 9, 2007
Sold by
Watson Bentley E
Bought by
Hanson Earl G and Hanson Susyun S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,100
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 23, 2005
Sold by
South Mark and South Anthony June
Bought by
Watson Bentley E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 2004
Sold by
South Anthony June and South Godfrey
Bought by
South Anthony June and South Mark

Purchase Details

Closed on
Nov 10, 1994
Sold by
South Godfrey S
Bought by
South Hyacinth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
9.13%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mumtaz Sajid $615,000 --
Mumtaz Sajid $615,000 --
Holland Development Corp $427,000 --
Holland Development Corp $427,000 --
Hanson Earl G $444,140 --
Hanson Earl G $444,140 --
Watson Bentley E $350,000 --
Watson Bentley E $350,000 --
South Anthony June -- --
South Anthony June -- --
South Hyacinth M -- The Title Guarantee Company
South Hyacinth M -- The Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mumtaz Sajid $415,000
Closed Mumtaz Sajid $415,000
Previous Owner Hanson Earl G $333,100
Previous Owner Watson Bentley E $280,000
Previous Owner South Hyacinth M $85,000
Closed Hanson Earl G $111,035
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2024 03/19/24 Sold $615,000 -9.4% $368 / Sq Ft
01/24/2024 01/24/24 Pending -- -- --
12/12/2023 12/12/23 For Sale $679,000 -- $406 / 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 $4,980 $26,285 $5,668 $20,617
2024 $4,980 $24,797 $5,789 $19,008
2023 $4,576 $23,933 $5,250 $18,683
2022 $4,249 $32,520 $7,620 $24,900
2021 $4,479 $31,080 $7,620 $23,460
2020 $4,340 $28,860 $7,620 $21,240
2019 $4,030 $24,480 $7,620 $16,860
2018 $3,768 $19,944 $6,478 $13,466
2017 $3,560 $18,936 $7,115 $11,821
2016 $3,476 $18,936 $6,680 $12,256
2015 $1,935 $18,253 $8,170 $10,083
2014 $1,935 $17,220 $8,460 $8,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6281124

OneKey® MLS

APN: 04979-0026