NOT LISTED FOR SALE

Estimated Value: $791,775 - $940,000

5 Beds
2 Baths
2,400 Sq Ft
$373/Sq Ft Est. Value

Last Sold September 18, 2018

Last sale price $550,000 $229 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $5,137/month

113 Days on Market

Highlights

  • Property is near public transit
  • 1 Car Attached Garage
  • Patio
  • Private Lot
  • Window Unit Cooling System
  • 3-minute walk to Melrose Playground

About This Home

As of September 2018

A Beauty! The multi-family home is centrally located in the Melrose section of the Bronx. One of the hottest upcoming areas of the Bronx! It has private parking and a huge backyard. It's a legal 2 family. Near all transportation 2/5/4/d train. IT'S-A MUST SEE! ACCEPTED OFFER, NO MORE SHOWINGS

Last Agent to Sell the Property

Alex Baez

Baez Real Estate, Inc. Brokerage Phone: 718-324-6060 License #10311209259 Listed on: 01/17/2018

Baez Real Estate, Inc.

Last Buyer's Agent

Shahriar Homapour

Active Homes Realty Inc License #31HO0747717

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,212

Year Built

  • Built in 1991

Lot Details

  • 1,999 Sq Ft Lot
  • Two or More Common Walls
  • Private Lot

Parking

  • 1 Car Attached Garage
  • Public Parking
  • On-Street Parking

Home Design

  • 2,400 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • Patio
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 02376-0161

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

$4,212

Year Built

Built in 1991

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1991
  • Attribution Contact: 718-324-6060
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Basement: None
  • Total Bedrooms: 5
  • Living Area: 2400
  • SquareFootage: 2400.00
  • SquareFootageSource: Municipality

Exterior Features

  • Patio and Porch Features: Patio

Garage/Parking

  • Total Parking Spaces: 1
  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Attached, 1 Car Attached, Private, Public Parking, On Street

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: On Demand

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: 0.0459
  • Lot Size Sq Ft: 1999
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit, Private
  • Parcel Number: 02376-0161
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Multi Family

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

Tax Info

  • Tax Annual Amount: 4212
  • Tax Map Number: 02376-0161

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
Jan 17, 2018
Closed on
Sep 17, 2018
Sold by
Sobrado Robbins Velma and Sobrado Velma
Bought by
Lz66 Llc
Seller's Agent
Alex Baez
Baez Real Estate, Inc.
Buyer's Agent
Alex Baez
Baez Real Estate, Inc.
List Price
$550,000
Sold Price
$550,000
Current Estimated Value
$894,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,194
Avg. Annual Appreciation
6.90%

Purchase Details

Closed on
Dec 6, 1991
Sold by
Nyc Partnership Housing Development Fund
Bought by
Robbins Velma Sobrado
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lz66 Llc $550,000 --
Robbins Velma Sobrado -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2018 09/18/18 Sold $550,000 0.0% $229 / Sq Ft
01/17/2018 01/17/18 Pending -- -- --
01/17/2018 01/17/18 For Sale $550,000 -- $229 / 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 $5,424 $28,624 $4,469 $24,155
2024 $5,424 $27,004 $4,913 $22,091
2023 $5,174 $25,478 $4,526 $20,952
2022 $5,086 $44,760 $8,580 $36,180
2021 $5,321 $39,240 $8,580 $30,660
2020 $5,049 $42,720 $8,580 $34,140
2019 $4,707 $34,440 $8,580 $25,860
2018 $4,328 $21,232 $7,423 $13,809
2017 $4,328 $21,232 $7,161 $14,071
2016 $4,212 $21,069 $6,465 $14,604
2015 $2,196 $19,878 $7,472 $12,406
2014 $2,196 $18,753 $7,220 $11,533
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY4802102

OneKey® MLS

APN: 02376-0161