NOT LISTED FOR SALE

407 Homestead Ave Mount Vernon, NY 10553

Estimated Value: $374,000 - $864,000

5 Beds
4 Baths
2,800 Sq Ft
$222/Sq Ft Est. Value

Last Sold June 19, 2019

Last sale price $405,000 $145 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,663/month

35 Days on Market

Highlights

  • Property is near public transit
  • Formal Dining Room
  • Fireplace
  • Main Floor Bedroom
  • 1 Car Detached Garage
  • Eat-In Kitchen

About This Home

As of June 2019

This spacious, fully-detached, two family home sits in the heart of Mount Vernon. The first floor unit has 1 massive bedroom with a large closet, an eat-in kitchen, a formal dining room with a fireplace, and a large living room with an additional fireplace. The second unit is a 4 bedroom duplex (2nd and 3rd floors) with 2 bathrooms, a kitchen on the 2nd floor, and a kitchenette on the 3rd floor. The full, finished basement includes space for relaxation, another full bathroom, and space for laundry. Home is heated by gas. A detached garage and an extremely long driveway as well as a large yard complete this wonderful home. New Roof 4 years ago. Warranty transferrable. Needs TLC. Competitively priced. Additional Information: ParkingFeatures:1 Car Detached,

Last Agent to Sell the Property

Justin Simmons

Exit Realty DKC License #10301219942 Listed on: 03/01/2019

Exit Realty DKC

Last Buyer's Agent

Tabatha Ramos

Turnkey Homes Real Estate License #10311209319

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,159

Year Built

  • Built in 1907

Lot Details

  • 3,933

Parking

  • 1 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Duplex

Interior Spaces

  • Fireplace
  • Entrance Foyer
  • Formal Dining Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms

Finished Basement

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

Schools

  • Hamilton Elementary School
  • Benjamin Turner Middle School
  • Mt Vernon High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Radiant Heating System

Additional Features

  • 3,933 Sq Ft Lot
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 0800-169-033-04068-000-0050

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,159

Year Built

Built in 1907

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Property Condition: Estimated
  • Year Built: 1907
  • ResoBuildingAreaSource: Other
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Water Heater
  • Interior Amenities: Eat-in Kitchen, Entrance Foyer, Formal Dining, First Floor Bedroom, Walk-In Closet(s)
  • Full Bathrooms: 4
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Basement YN: Yes

Exterior Features

  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 6
  • Garage Spaces: 1
  • Parking Description: Covered, Detached, Driveway, Garage, Off Street, Private

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Natural Gas, Radiant
  • Sewer: Public Sewer
  • Utilities: Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Benjamin Turner Middle School

Lot Info

  • Lot Size Acres: 0.0903
  • Lot Size Area: 0.0903
  • Lot Size Sq Ft: 3933
  • Building Area Total: 2800
  • Lot Features: Near Public Transit, Near School, Near Shops
  • Parcel Number: 0800-169-033-04068-000-0050
  • Property Attached: No

Building Info

  • Building Features: Fireplace

Multi Family

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

Tax Info

  • Tax Annual Amount: 13159
  • Tax Year: 2018

MLS Schools

  • Elementary School: Hamilton
  • High School: Mt Vernon High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2019
Closed on
Jun 19, 2019
Sold by
Desir Astrel and Desir Marie Gertrude
Bought by
Cancela Milton T and Uyaguari Monica M Sucuzhanay
Seller's Agent
Justin Simmons
Exit Realty DKC
Buyer's Agent
Tabatha Ramos
Turnkey Homes Real Estate
List Price
$380,000
Sold Price
$405,000
Premium/Discount to List
$25,000
6.58%
Current Estimated Value
$621,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,180
Avg. Annual Appreciation
7.84%
Original Mortgage
$366,757
Outstanding Balance
$325,838
Interest Rate
4%
Mortgage Type
FHA
Estimated Equity
$320,033

Purchase Details

Closed on
Apr 22, 2002
Sold by
Miller Shirley I
Bought by
Desir Astrel and Desir Marie Gertrude

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.8%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 26, 1999
Sold by
Miller Shirley I
Bought by
Miller Shirley I
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
Cancela Milton T $405,000 Record & Return Title Agency
Desir Astrel $265,000 The Judicial Title Ins Agenc
Miller Shirley I -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cancela Milton T $366,757
Previous Owner Desir Astrel $170,000
Previous Owner Miller Shirley L $125,000
Previous Owner Desir Astrel $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2024 12/10/24 Off Market $405,000 -- --
06/19/2019 06/19/19 Sold $405,000 +6.6% $145 / Sq Ft
04/05/2019 04/05/19 Pending -- -- --
03/01/2019 03/01/19 For Sale $380,000 -- $136 / 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
2024 $15,345 $9,300 $2,100 $7,200
2023 $11,940 $9,300 $2,100 $7,200
2022 $14,663 $9,300 $2,100 $7,200
2021 $14,399 $9,300 $2,100 $7,200
2020 $13,714 $9,300 $2,100 $7,200
2019 $13,545 $9,300 $2,100 $7,200
2018 $0 $9,300 $2,100 $7,200
2017 $0 $9,300 $2,100 $7,200
2016 $13,246 $9,300 $2,100 $7,200
2015 -- $9,300 $2,100 $7,200
2014 -- $9,300 $2,100 $7,200
2013 -- $9,300 $2,100 $7,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: H4911206

OneKey® MLS

APN: 0800-169-033-04068-000-0050