NOT LISTED FOR SALE

Estimated Value: $828,000 - $1,032,000

-- Bed
-- Bath
2,600 Sq Ft
$356/Sq Ft Est. Value

Last Sold January 17, 2023

Last sale price $852,500 $328 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $6,234/month

81 Days on Market

Highlights

  • Property is near public transit
  • Balcony
  • Park
  • Wood Flooring
  • Eat-In Kitchen
  • Hot Water Heating System

About This Home

As of January 2023

Legal multifamily home awaits its' new investor. This building offers many possibilities with great tenants and is situated on a block where neighbors are friendly and always attentive. This home is detached and provides up to 3 parking spaces. Property collects a total of $6,200 in monthly rental income, making this home a savvy investment. Walking distance to the Bx 16, 39, MTA trains 2, and 5. One mile from Woodlawn Metro North station. We can provide a list of operating expenses, rent roll, and net income.

Last Agent to Sell the Property

Lorena Espaillat

Compass Greater NY, LLC Brokerage Phone: (914) 377-5476 License #10401292375 Listed on: 07/30/2022

Compass Greater NY, LLC

Co-Listed By

Saulo Espaillat

Compass Greater NY, LLC Brokerage Phone: (914) 377-5476 License #10401284064

Last Buyer's Agent

Lorena Espaillat

Compass Greater NY, LLC Brokerage Phone: (914) 377-5476 License #10401292375 Listed on: 07/30/2022

Compass Greater NY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,926

Year Built

  • Built in 1930

Lot Details

  • No Common Walls
  • Level Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,600 Sq Ft Home
  • Wood Flooring
  • Eat-In Kitchen

Finished Basement

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

Parking

  • 3 Parking Spaces
  • Driveway
  • On-Street Parking

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Balcony
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 05015-0036

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,926

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: See Remarks, Townhouse
  • Property SubType: Multi Family
  • Year Built: 1930
  • Attribution Contact: (914) 377-5476
  • Co List Office Mls Id: ONECOMPNY07
  • Co List Office Phone: 914-337-0070
  • Village: Bronx
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Basement: Finished, Full, Walk-Out Access
  • Living Area: 2600
  • Owner Pays: Insurance
  • SquareFootage: 2600.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Balcony

Garage/Parking

  • Total Parking Spaces: 3
  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway, On Street

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 1

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Maintenance Expense: 1058

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Features: Level, Near Public Transit
  • Parcel Number: 05015-0036
  • Property Attached: No

Rental Info

  • Tenant Pays: See Remarks

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 4
  • Separate Gas Meters: 3
  • NumberOf2Bedrooms: 3
  • NumberOf4Bedrooms: 1

Tax Info

  • Tax Annual Amount: 13926
  • Tax Map Number: 05015-0036
  • IncludedInTaxes: Sewer,Trash

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 30, 2022
Closed on
Jan 17, 2023
Sold by
Estate Of Geraldine Mullings
Bought by
Thomas Benoit
Seller's Agent
Lorena Espaillat
Compass Greater NY, LLC
Buyer's Agent
Lorena Espaillat
Compass Greater NY, LLC
List Price
$899,999
Sold Price
$852,500
Premium/Discount to List
-$47,499
-5.28%
Views
143
Current Estimated Value
$924,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,283
Avg. Annual Appreciation
5.08%
Original Mortgage
$637,500
Outstanding Balance
$619,579
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$349,727
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
Thomas Benoit $852,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Benoit $637,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2023 01/17/23 Sold $852,500 0.0% $328 / Sq Ft
10/19/2022 10/19/22 Pending -- -- --
09/27/2022 09/27/22 Off Market $852,500 -- --
09/01/2022 09/01/22 Price Changed $879,999 -2.2% $338 / Sq Ft
07/30/2022 07/30/22 For Sale $899,999 -- $346 / 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 $15,909 $127,251 $50,565 $76,686
2024 $15,909 $127,249 $52,236 $75,013
2023 $14,509 $118,274 $42,733 $75,541
2022 $13,913 $237,600 $94,950 $142,650
2021 $0 $204,300 $94,950 $109,350
2020 $11,470 $223,650 $94,950 $128,700
2019 $12,345 $188,460 $94,950 $93,510
2018 $11,572 $90,980 $55,005 $35,975
2017 $11,136 $87,553 $58,833 $28,720
2016 $10,454 $81,087 $60,033 $21,054
2015 $6,785 $75,296 $46,454 $28,842
2014 $6,785 $75,296 $55,745 $19,551
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6201555

OneKey® MLS

APN: 05015-0036