NOT LISTED FOR SALE

Estimated Value: $673,000 - $1,116,000

6 Beds
4 Baths
2,250 Sq Ft
$392/Sq Ft Est. Value

Last Sold August 28, 2023

Last sale price $999,999 $444 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $5,024/month

101 Days on Market

About This Home

As of August 2023

Welcome to your new home located in the heart of North Bronx at 4325 Ely Ave. This incredible 2-family house sitting on a 50 x 95 lot is now available for sale and offers great potential rental income. As you step inside, you'll be greeted by beautiful hardwood floors throughout, giving the home a warm and inviting feel. The marble tiled bathrooms add an extra touch of elegance, while the kitchen boasts stainless steel appliances, elegant white cabinets, and granite countertops. With 6 bedrooms (3 on each floor) and 4 bathrooms (2 on each floor), there's plenty of room for you and your loved ones to spread out and relax. The finished basement with a separate entrance offers additional space for you to use as you see fit. All the boilers and hot water tanks are brand new, ensuring your peace of mind. The private driveway with pavers and huge backyard make this home perfect for entertaining guests. In addition to being a beautiful family home, this property offers great potential rental income with the 2-family layout. Close to shops, transportation, and houses of worship, this home is in an ideal location. Don't miss your chance to make this beautiful house your forever home and income property. Schedule a showing today!

Last Agent to Sell the Property

Roy Toledano

Empire Home Sales Inc License #10301219499 Listed on: 03/22/2023

Last Buyer's Agent

Adewale James

Keystone Realty USA Corp License #10401348796

Keystone Realty USA Corp

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,404

Year Built

  • Built in 1935

Lot Details

  • 4,750 Sq Ft Lot
  • Lot Dimensions are 50x95
  • No Common Walls

Home Design

  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 2,250 Sq Ft Home
  • 2-Story Property
  • Finished Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Parking

  • Private Parking
  • Off-Street Parking

Schools

  • Bronx Alliance Middle School
  • Acad-Scholarship & Entrepreneurship High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 81 / 5053
  • Assessor Parcel Number 05053-0081

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,404

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Year Built: 1935
  • New Construction: No
  • Village: Bronx
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Basement: Finished
  • Total Bedrooms: 6
  • Living Area: 2250
  • SquareFootage: 2250.00
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick, Frame
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Private, Off Street

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water
  • Sewer: Sewer
  • Water Source: None
  • Hot Water: Gas Stand Alone

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Bronx Alliance Middle School

Lot Info

  • Lot Size Acres: 0.11
  • Lot Dimensions: 50x95
  • Lot Size Sq Ft: 4750
  • Lot Size Units: Acres
  • Parcel Number: 05053-0081
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 5404
  • Tax Block: 5053
  • Tax Lot: 81
  • Tax Map Number: 05053-0081

MLS Schools

  • High School: Acad-Scholarship & Entrepreneurship
  • Middle School District: Bronx 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2023
Closed on
Aug 16, 2023
Sold by
Hasday Llc
Bought by
Eromosele Monday Okoromu and Omonzane Joseph E
Seller's Agent
Roy Toledano
Empire Home Sales Inc
Buyer's Agent
Adewale James
Keystone Realty USA Corp
List Price
$1,099,999
Sold Price
$999,999
Premium/Discount to List
-$100,000
-9.09%
Views
188
Current Estimated Value
$881,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$118,222
Avg. Annual Appreciation
-5.09%
Original Mortgage
$946,122
Outstanding Balance
$924,563
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$42,786

Purchase Details

Closed on
Jun 14, 2022
Sold by
Estate Of John F Foy Jr and Foy Linda
Bought by
Hasday Llc
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
Eromosele Monday Okoromu $999,000 --
Hasday Llc $405,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eromosele Monday Okoromu $946,122
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2023 08/28/23 Sold $999,999 0.0% $444 / Sq Ft
05/10/2023 05/10/23 Off Market $999,999 -- --
03/22/2023 03/22/23 For Sale $1,099,999 -- $489 / 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 $5,345 $28,207 $7,555 $20,652
2024 $5,345 $26,611 $7,429 $19,182
2023 $5,404 $26,611 $7,467 $19,144
2022 $5,071 $31,560 $9,900 $21,660
2021 $4,825 $32,460 $9,900 $22,560
2020 $4,680 $28,680 $9,900 $18,780
2019 $4,346 $24,300 $9,900 $14,400
2018 $4,223 $22,176 $8,733 $13,443
2017 $4,015 $21,168 $8,540 $12,628
2016 $3,749 $20,304 $9,517 $10,787
2015 $2,179 $19,588 $9,765 $9,823
2014 $2,179 $18,480 $10,140 $8,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3466231

OneKey® MLS

APN: 05053-0081