NOT LISTED FOR SALE

Estimated Value: $918,000 - $1,031,000

6 Beds
2.5 Baths
3,695 Sq Ft
$263/Sq Ft Est. Value

Last Sold January 16, 2019

Last sale price $750,000 $203 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $5,874/month

116 Days on Market

Highlights

  • 0.11 Acre Lot
  • Property is near public transit
  • Eat-In Kitchen
  • Deck
  • Formal Dining Room
  • Window Unit Cooling System

About This Home

As of January 2019

This is a MUST SEE ONE OF A KIND BRICK 2 FAMILY FULLY DETACHED in Wakefield Area of the Bronx. LOT SIZE 50 x 100. All the space for a large family or rental income. OWNERS UNIT, Formal Living Room, FORMAL DINING ROOM, BEAUTIFUL KITCHEN WITH CENTER ISLAND, Granite Counter tops, Stainless Steel Appliances and door to Beautiful Private Deck also Three Bedrooms, Bathroom with jacuzzi and separate shower. PLUS access to large finished basement Family room, bonus rooms laundry and utility and there is access to the beautiful rear yard. 2nd FLOOR RENTAL APT. Formal Living, FORMAL DINING, LARGE Kitchen, 3 Bedrooms, 1.5 Bathroom. TOO MANY UPGRADE TO LIST. The property is beautifully fenced and landscaped. Property is being sold "AS IS" Sellers request ONLY pre-approved buyers and must show proof of funds. Seller request Conventional Financing/No Sellers Concession. All showings 24-48 hrs notice and must be confirmed. NO SUNDAYS SHOWING! MOTIVATED SELLERS SUBMIT OFFERS!!

Last Agent to Sell the Property

Janett Malcolm

Malcolm Real Estate Inc. License #31MA0849844 Listed on: 08/02/2018

Last Buyer's Agent

Non Non Member-MLS

Non-Member MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,837

Year Built

  • Built in 1975

Lot Details

  • 5,001 Sq Ft Lot
  • No Common Walls
  • Fenced

Parking

  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,695 Sq Ft Home
  • Formal Dining Room
  • Finished Basement
  • Walk-Out Basement
  • Home Security System
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Powder Room

Utilities

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

Additional Features

  • Deck
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 05022-0077

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,837

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: See Remarks
  • Property SubType: Multi Family
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen, Formal Dining Room, Powder Room
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Finished, Walk-Out Access
  • Total Bedrooms: 6
  • Living Area: 3695.00
  • Square Footage: 3695.00

Exterior Features

  • Construction Materials: Brick
  • Fencing: Fenced
  • Patio and Porch Features: Deck
  • View YN: No

Garage/Parking

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

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Hot Water: Gas Stand Alone
  • Security: Security System
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.1100
  • Lot Size Area: 0.1100
  • Lot Dimensions: 0.1148
  • Lot Size Sq Ft: 5001.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 05022-0077
  • Property Attached: No

Rental Info

  • Tenant Pays: Electricity, Gas

Tax Info

  • Close Date: 2019-01-16
  • Included in Taxes: Sewer, Trash, Water
  • Tax Annual Amount: 7837.00
  • Tax Map Number: 05022-0077

Multi Family

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

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
Aug 2, 2018
Closed on
Jan 16, 2019
Sold by
Henry Laurent and Henry Marcia
Bought by
Omilabu Oyetunde and Omilabu Toyin
Seller's Agent
Janett Malcolm
Malcolm Real Estate Inc.
Buyer's Agent
Non Non Member-MLS
Non-Member MLS
List Price
$850,000
Sold Price
$750,000
Premium/Discount to List
-$100,000
-11.76%
Current Estimated Value
$971,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,758
Avg. Annual Appreciation
3.91%
Original Mortgage
$600,000
Outstanding Balance
$527,522
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$444,236

Purchase Details

Closed on
Nov 7, 1997
Sold by
Castorina Filomena
Bought by
Henry Laurent and Henry Marcia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,750
Interest Rate
7.11%
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
Omilabu Oyetunde $750,000 --
Henry Laurent $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Omilabu Oyetunde $600,000
Previous Owner Henry Laurent $251,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/16/2019 01/16/19 Sold $750,000 -11.8% $203 / Sq Ft
08/02/2018 08/02/18 Pending -- -- --
08/02/2018 08/02/18 For Sale $850,000 -- $230 / 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 $9,335 $49,267 $8,396 $40,871
2024 $9,335 $46,478 $7,789 $38,689
2023 $5,702 $43,848 $8,499 $35,349
2022 $5,550 $53,820 $10,920 $42,900
2021 $9,159 $51,540 $10,920 $40,620
2020 $5,487 $46,380 $10,920 $35,460
2019 $8,102 $43,860 $10,920 $32,940
2018 $7,151 $36,540 $10,920 $25,620
2017 $7,537 $38,444 $9,827 $28,617
2016 $6,940 $36,268 $9,779 $26,489
2015 $4,969 $34,216 $10,936 $23,280
2014 $4,969 $32,280 $12,120 $20,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4836442

OneKey® MLS

APN: 05022-0077