NOT LISTED FOR SALE

421 E 158th St Bronx, NY 10451

Melrose Neighborhood

Estimated Value: $1,094,000 - $1,239,453

6 Beds
4 Baths
4,296 Sq Ft
$270/Sq Ft Est. Value

Last Sold March 05, 2018

Last sale price $870,000 $203 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $6,741/month

61 Days on Market

Highlights

  • Property is near public transit
  • Formal Dining Room
  • Patio
  • Wood Flooring
  • Cooling System Mounted In Outer Wall Opening
  • 3-minute walk to Flynn Playground

About This Home

As of March 2018

Magnificent Investment Opportunity ! Unique New construction legal 3 family home located in the thriving Melrose neighborhood of the Bronx. This gem of a property offers a 3 Bedroom 2 bath duplex on the 1st & 2nd flr with a spacious open concept living room, formal dining room, kitchen, master bedroom with master bath and tons of closet space. The 2nd floor offers a very spacious 1 bedroom apartment , 3rd floor offers a spacious 2 bedroom apartment with gorgeous hardwood floors through out, also offering a legal finished walk out basement. All units are in turn key move in ready condition. Private Parking for up to 3 cars , front and rear patio areas. Home built in 2002. Conveniently located walking distance to subway stations 2# & 5# lines, expresses buses that go into Manhattan with in Minutes, major shopping hubs, major highways, schools, and restaurants. Will Not Last !

Last Agent to Sell the Property

Hermi Aquino

RE/MAX Distinguished Hms.&Prop Brokerage Phone: 914-346-8255 License #30AQ1103641 Listed on: 12/07/2017

RE/MAX Distinguished Hms.&Prop

Last Buyer's Agent

Hermi Aquino

RE/MAX Distinguished Hms.&Prop Brokerage Phone: 914-346-8255 License #30AQ1103641 Listed on: 12/07/2017

RE/MAX Distinguished Hms.&Prop

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,186

Year Built

  • Built in 2001

Lot Details

  • 2,200 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4,296 Sq Ft Home
  • Formal Dining Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Finished Basement

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

Parking

  • 3 Parking Spaces
  • Driveway

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Patio
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 02380-0126

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,186

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: See Remarks
  • Property SubType: Multi Family
  • Year Built: 2001
  • Attribution Contact: 914-346-8255
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Formal Dining, Master Bath
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 4
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 6
  • Living Area: 4296
  • SquareFootage: 4296.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Brick
  • Patio and Porch Features: Patio

Garage/Parking

  • Total Parking Spaces: 3
  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 0.0505
  • Lot Size Sq Ft: 2200
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 02380-0126
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 3
  • Separate Gas Meters: 1
  • NumberOf1Bedrooms: 1
  • NumberOf2Bedrooms: 1
  • NumberOf3Bedrooms: 1

Tax Info

  • Tax Annual Amount: 6186
  • Tax Map Number: 02380-0126

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 7, 2017
Closed on
Mar 5, 2018
Sold by
Jordan Shawn Rae
Bought by
Hollosi Theresa and Kassam Rahim
Seller's Agent
Hermi Aquino
RE/MAX Distinguished Hms.&Prop
Buyer's Agent
Hermi Aquino
RE/MAX Distinguished Hms.&Prop
List Price
$799,000
Sold Price
$870,000
Premium/Discount to List
$71,000
8.89%
Current Estimated Value
$1,159,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,863
Avg. Annual Appreciation
3.76%
Original Mortgage
$854,242
Outstanding Balance
$729,222
Interest Rate
4.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$430,641

Purchase Details

Closed on
Jan 24, 2003
Sold by
Nyc Partnership Housing Development Fund
Bought by
Jordan Shawn Rae
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hollosi Theresa $870,000 --
Jordan Shawn Rae $399,548 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hollosi Theresa $854,242
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2018 03/05/18 Sold $870,000 +8.9% $203 / Sq Ft
12/07/2017 12/07/17 Pending -- -- --
12/07/2017 12/07/17 For Sale $799,000 -- $186 / 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 $7,965 $42,036 $7,480 $34,556
2024 $7,965 $39,658 $7,056 $32,602
2023 $8,054 $39,658 $7,170 $32,488
2022 $7,230 $53,280 $10,740 $42,540
2021 $6,569 $52,860 $10,740 $42,120
2020 $5,663 $50,520 $10,740 $39,780
2019 $4,877 $40,740 $10,740 $30,000
2018 $4,306 $33,048 $9,200 $23,848
2017 $3,982 $32,799 $10,694 $22,105
2016 $3,206 $30,943 $9,645 $21,298
2015 $639 $29,192 $7,894 $21,298
2014 $639 $27,540 $8,029 $19,511
Source: Public Records

Agents Affiliated with this Home

  • Hermi Aquino

    Seller's Agent in 2018

    Hermi Aquino

    RE/MAX

    (646) 685-6269

    180 Total Sales

    Hermi Aquino
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Map

Source: OneKey® MLS

MLS Number: KEY4751726

OneKey® MLS

APN: 02380-0126

New York Bronx County Bronx 10451 Melrose

421 E 158th St, Bronx, NY

Not Listed for Sale

MultiFamily

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