NOT LISTED FOR SALE

422 Homestead Ave Mount Vernon, NY 10553

Estimated Value: $608,203 - $814,000

5 Beds
2 Baths
2,300 Sq Ft
$302/Sq Ft Est. Value

Last Sold May 31, 2016

Last sale price $440,000 $191 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $5,035/month

139 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Granite Countertops
  • Property is near public transit
  • Main Floor Primary Bedroom
  • Eat-In Kitchen

About This Home

As of May 2016

Welcome Home to this Amazingly Renovated 2 Family w/ Totally Upgraded Electric/Plumbing/Floors/Kitchen/Baths/lighting/windows thru out! Quality New Kitchens w/ Beautiful Cherry Carpentry, New Appliances in BOTH Units! Owner's Duplex Unit Has Luxury 42 Height Cherry Cabinets (Soft Close) w/ High End Stainless Steel Appliances(Bosch Dishwasher/Samsung: Double Door Refrig w/ice & water/ Six Burner Range/ Range Top Microwave), Granite Counter Tops, Bar Height Granite Top From Kit to Living room area , Newly Restored Pine Solid Wood Floors, New Heated Jacuzzi Bath. 1st Floor is a large Well Appointed 2 BR w/ New Kitchen, New Appliances, New Bath w/heated Floor & beautifully refinished wood Floors thru out. House up to 2016 code & will have a NEW 2016 Certificate of Occupancy (means all electric/plumbing/all work was done legally w/ permits & under City Guidelines)Taxes were ALSO Successfully grieved for 2016 tax year to $8,200 Assessment ($11,676 New Tax) Nice Year Yard & 4 Car Driveway

Last Agent to Sell the Property

Monique Johnson

Greater Metro Realty Group LLC Brokerage Phone: 914-699-3144 License #49JO0794534 Listed on: 10/26/2015

Last Buyer's Agent

Monique Johnson

Greater Metro Realty Group LLC Brokerage Phone: 914-699-3144 License #49JO0794534 Listed on: 10/26/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,716

Year Built

  • Built in 1953 | Remodeled in 2015

Lot Details

  • 3,049 Sq Ft Lot
  • No Common Walls
  • Level Lot

Home Design

  • Colonial Architecture
  • Frame Construction
  • Stone Siding

Interior Spaces

  • 2,300 Sq Ft Home
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • Driveway

Location

  • Property is near public transit

Schools

  • Graham Elementary School
  • Ab Davis Steam High Middle School
  • Nelson R Mandela/Dr Hosea Zollicoff High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 0800-169-033-04067-000-0012

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,716

Year Built

Built in 1953 | Remodeled in 2015

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1953
  • Year Built Effective: 2015
  • Attribution Contact: 914-699-3144
  • Subdivision Name: Oakley Estate
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2015

Interior Features

  • Interior Amenities: Master Downstairs, Eat-in Kitchen, Granite Counters
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Full, Unfinished, Walk-Out Access
  • Total Bedrooms: 5
  • Living Area: 2300
  • SquareFootage: 2300.00
  • SquareFootageSource: Other

Exterior Features

  • Construction Materials: Frame, Stone

Garage/Parking

  • Total Parking Spaces: 4
  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 1

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No
  • DevelopmentName: Oakley Estate

Schools

  • Middle School: Ab Davis Steam High School

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Dimensions: 0.0700
  • Lot Size Sq Ft: 3049
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 0800-169-033-04067-000-0012
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 2
  • NumberOf2Bedrooms: 1
  • NumberOf3Bedrooms: 1

Tax Info

  • Tax Annual Amount: 14716
  • Tax Map Number: 0800-169-033-04067-000-0012
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Elementary School: Graham School
  • High School: Nelson R Mandela/Dr Hosea Zollicoff
  • Middle School District: Mount Vernon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2015
Closed on
May 27, 2016
Sold by
Detailed Oriented Contractors Llc
Bought by
Samuels O Neil Meric
Seller's Agent
Monique Johnson
Greater Metro Realty Group LLC
Buyer's Agent
Monique Johnson
Greater Metro Realty Group LLC
List Price
$475,000
Sold Price
$440,000
Premium/Discount to List
-$35,000
-7.37%
Current Estimated Value
$694,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,551
Avg. Annual Appreciation
4.98%
Original Mortgage
$430,606
Outstanding Balance
$348,294
Interest Rate
3.66%
Mortgage Type
FHA
Estimated Equity
$340,979

Purchase Details

Closed on
Jul 31, 2015
Sold by
The City Of Mount Vernon
Bought by
Detailed Oriented Contractors Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
4.08%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 14, 2014
Sold by
Walker Maureen
Bought by
City Of Mount Vernon
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
Samuels O Neil Meric $440,000 Keppler Title Agency
Detailed Oriented Contractors Llc $150,000 The Judicial Title Ins Agenc
City Of Mount Vernon -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Samuels Oneil Meric $14,837
Open Samuels O Neil Meric $430,606
Previous Owner Detailed Oriented Contractors Llc $205,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2016 05/31/16 Sold $440,000 -7.4% $191 / Sq Ft
03/14/2016 03/14/16 Pending -- -- --
10/26/2015 10/26/15 For Sale $475,000 -- $207 / 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 $15,015 $9,100 $1,600 $7,500
2023 $11,684 $9,100 $1,600 $7,500
2022 $14,348 $9,100 $1,600 $7,500
2021 $14,089 $9,100 $1,600 $7,500
2020 $13,419 $9,100 $1,600 $7,500
2019 $13,253 $9,100 $1,600 $7,500
2018 $0 $9,100 $1,600 $7,500
2017 $0 $9,100 $1,600 $7,500
2016 $12,487 $9,100 $1,600 $7,500
2015 -- $8,200 $1,600 $6,600
2014 -- $10,900 $1,600 $9,300
2013 -- $10,900 $1,600 $9,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4547945

OneKey® MLS

APN: 0800-169-033-04067-000-0012