NOT LISTED FOR SALE

Estimated Value: $1,065,691 - $1,275,000

6 Beds
2 Baths
2,430 Sq Ft
$480/Sq Ft Est. Value

Last Sold June 24, 2016

Last sale price $657,500 $271 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $8,132/month

148 Days on Market

Highlights

  • Colonial Architecture
  • Property is near public transit
  • Main Floor Primary Bedroom
  • Pelham Memorial High School Rated A+
  • Wood Flooring
  • 2 Car Attached Garage

About This Home

As of June 2016

Own and earn with this Multi Family home in the heart of Pelham Village. Two identical units on the first and second level. Both have been upgraded with replacement windows. There are beautiful hardwood floors throughout the entire house, just waiting to be un-covered! Both units have over 1200 square feet, and have large eat-in kitchens. Spacious and bright rooms throughout, the perfect income producing property! There are two finished bonus rooms in the walk-out lower level, plus a spacious two car attached garage (with laundry room) and plenty of driveway parking. This two family home is located on a great street, very close to Julianne's Playground, public tennis courts, Village shopping, and the Pelham Train Station. Have a look, ready to be customized and turned into your next new home or investment.

Last Agent to Sell the Property

Scott Stiefvater

Stiefvater Real Estate Brokerage Phone: 914-738-1133 License #31ST0885341 Listed on: 11/18/2015

Co-Listed By

Joseph Durnin

Stiefvater Real Estate Brokerage Phone: 914-738-1133 License #40DU1055818

Last Buyer's Agent

Mari-Cris O'Neill

Compass Greater NY, LLC License #30ON0437379

Compass Greater NY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,151

Year Built

  • Built in 1960

Lot Details

  • 4,970 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • 2-Story Property
  • Brick Exterior Construction
  • Frame Construction
  • Block Exterior
  • Vinyl Siding

Interior Spaces

  • 2,430 Sq Ft Home
  • Wood Flooring
  • Partially Finished Basement
  • Walk-Out Basement
  • Eat-In Kitchen

Bedrooms and Bathrooms

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

Schools

  • Hutchinson Elementary School
  • Pelham Middle School
  • Pelham Memorial High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Patio
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 4403-158-084-00001-000-0005

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

$19,151

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story, Colonial, Bi-Level
  • Property SubType: Multi Family
  • Year Built: 1960
  • Attribution Contact: 914-738-1133
  • Co List Office Mls Id: ONESTIEFV
  • Co List Office Phone: 914-738-1133
  • Village: Pelham
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Master Downstairs, First Floor Bedroom, Eat-in Kitchen
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Partially Finished, Walk-Out Access
  • Total Bedrooms: 6
  • Living Area: 2430
  • SquareFootage: 2430.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Block, Brick, Frame, Vinyl Siding
  • Patio and Porch Features: Patio

Garage/Parking

  • Total Parking Spaces: 4
  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Attached, 2 Car Attached, Driveway

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Forced Air
  • Sewer: Public Sewer
  • Water Source: See Remarks
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 2

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdditionalFeesYN: 0

Schools

  • Middle School: Pelham Middle School

Lot Info

  • Lot Size Acres: 0.11
  • Lot Dimensions: 0.1141
  • Lot Size Sq Ft: 4970
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 4403-158-084-00001-000-0005
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf3Bedrooms: 2

Tax Info

  • Tax Annual Amount: 19151
  • Tax Map Number: 4403-158-084-00001-000-0005
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Elementary School: Hutchinson School
  • High School: Pelham Memorial High School
  • Middle School District: Pelham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2015
Closed on
Jun 24, 2016
Sold by
Pereira Richard and Pereira Robert
Bought by
425 First Realty Llc
Seller's Agent
Scott Stiefvater
Stiefvater Real Estate
Buyer's Agent
Mari-Cris O'Neill
Compass Greater NY, LLC
List Price
$698,000
Sold Price
$657,500
Premium/Discount to List
-$40,500
-5.8%
Current Estimated Value
$1,167,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$509,923
Avg. Annual Appreciation
6.24%
Original Mortgage
$427,050
Outstanding Balance
$335,727
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$831,696

Purchase Details

Closed on
Apr 13, 2011
Sold by
Pereira Charles and Pereira Cecilia
Bought by
Pereira Robert and Pereira Richard
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
425 First Realty Llc $657,500 None Available
Pereira Robert -- Benchmark Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 425 First Realty Llc $427,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2016 06/24/16 Sold $657,500 -5.8% $271 / Sq Ft
04/15/2016 04/15/16 Pending -- -- --
11/18/2015 11/18/15 For Sale $698,000 0.0% $287 / Sq Ft
04/01/2012 04/01/12 Rented $1,800 -28.0% --
03/02/2012 03/02/12 Under Contract -- -- --
01/11/2012 01/11/12 For Rent $2,500 -- --
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 $24,178 $928,000 $231,000 $697,000
2023 $23,563 $884,000 $154,000 $730,000
2022 $21,647 $834,000 $154,000 $680,000
2021 $21,542 $716,000 $154,000 $562,000
2020 $20,778 $716,000 $154,000 $562,000
2019 $25,971 $695,000 $154,000 $541,000
2018 $18,307 $658,000 $154,000 $504,000
2017 $2,861 $655,000 $154,000 $501,000
2016 $22,388 $595,000 $154,000 $441,000
2015 -- $575,000 $154,000 $421,000
2014 -- $560,000 $154,000 $406,000
2013 -- $545,000 $154,000 $391,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4551025

OneKey® MLS

APN: 4403-158-084-00001-000-0005