P
Seller's Agent in 2019
Pamela Riccio
Berkshire Hathaway Home Services
416 Fourth Ave Pelham, NY 10803
Village of Pelham NeighborhoodEstimated Value: $1,222,000 - $1,344,138
5
Beds
3
Baths
2,860
Sq Ft
$455/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Property is near public transit
- 2 Car Detached Garage
- Pelham Memorial High School Rated A+
- Wood Flooring
- Eat-In Kitchen
About This Home
As of January 2019Calling all Investors! Great value added opportunity to re-position this amazing 3 family home with Below Market Rents. PROJECTED 6% CAP RATE. Don't miss this chance to purchase this rare incoming producing home in the heart of Pelham. Walking distance to Metro North Train, Village, Shopping, Restaurants, the Elementary School and Park/Playground also easy access to Parkway. This home has Two 2-bedroom 1 bath units and One 1-bedroom 1 bath unit. The first floor unit offers a lovely front sun room that offers additional living space. All units offer Eat-In-Kitchens. Three separate new boilers, hot water tank was installed in 12/17 and also offers separate Electric and Gas Meters, 2 coin operated washer/dryers. Plenty of parking available - large 2 car detached garage as well as ample space in the driveway. This property is ideal for an owner occupant looking for rental income or a savvy investor. Lots of upside potential!
Last Agent to Sell the Property
Pamela Riccio
Berkshire Hathaway HS NY Prop License #10401246740 Listed on: 09/26/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $19,043
Year Built
- Built in 1910
Lot Details
- 5,088 Sq Ft Lot
- No Common Walls
- Level Lot
Parking
- 2 Car Detached Garage
- Driveway
Home Design
- Colonial Architecture
- Stucco
Interior Spaces
- 2,860 Sq Ft Home
- Wood Flooring
- Basement Fills Entire Space Under The House
- Eat-In Kitchen
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Location
- Property is near public transit
Schools
- Hutchinson Elementary School
- Pelham Acad-Academics And Community Middle School
- Pelham Memorial High School
Utilities
- No Cooling
- 3 Heating Zones
- Hot Water Heating System
- Heating System Uses Steam
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Listing and Financial Details
- Tenant pays for all utilities
- Assessor Parcel Number 4403-163-028-00002-000-0004
Community Details
Overview
- 3 Units
Recreation
- Park
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 26, 2018
Closed on
Jan 14, 2019
Sold by
Sperandio Beth and Sperandio Beth Mengini
Bought by
Katechis Christos and Katechis Polixeni
Seller's Agent
Pamela Riccio
Berkshire Hathaway HS NY Prop
List Price
$899,000
Sold Price
$880,000
Premium/Discount to List
-$19,000
-2.11%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$420,535
Avg. Annual Appreciation
6.05%
Original Mortgage
$704,000
Outstanding Balance
$622,640
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$677,895
Purchase Details
Closed on
Jan 31, 2017
Sold by
Sperandio Frank
Bought by
Sperandio Beth M
Purchase Details
Closed on
Feb 8, 1996
Sold by
Maloney Daniel P and Maloney Robert J
Bought by
Sperandio Frank
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Katechis Christos | $880,000 | Freedom Land Title Agency | |
| Sperandio Beth M | -- | Attorneys Title Insurance | |
| Sperandio Frank | $272,500 | Commonwealth Land Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Katechis Christos | $704,000 | |
| Previous Owner | Sperandio Frank | $408,446 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/14/2019 01/14/19 | Sold | $880,000 | -2.1% | $308 / Sq Ft |
| 09/26/2018 09/26/18 | Pending | -- | -- | -- |
| 09/26/2018 09/26/18 | For Sale | $899,000 | -- | $314 / Sq Ft |
Source: OneKey® MLS
Tax History Compared to Growth
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 | $26,394 | $1,013,000 | $231,000 | $782,000 |
| 2023 | $25,712 | $965,000 | $154,000 | $811,000 |
| 2022 | $26,605 | $910,000 | $154,000 | $756,000 |
| 2021 | $26,476 | $880,000 | $154,000 | $726,000 |
| 2020 | $23,768 | $880,000 | $154,000 | $726,000 |
| 2019 | $25,107 | $795,000 | $154,000 | $641,000 |
| 2018 | $18,899 | $650,000 | $154,000 | $496,000 |
| 2017 | $2,861 | $625,000 | $154,000 | $471,000 |
| 2016 | $22,807 | $595,000 | $154,000 | $441,000 |
| 2015 | -- | $583,000 | $154,000 | $429,000 |
| 2014 | -- | $561,000 | $154,000 | $407,000 |
| 2013 | -- | $545,000 | $154,000 | $391,000 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: OneKey® MLS
MLS Number: KEY4841553
APN: 4403-163-028-00002-000-0004
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The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
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