NOT LISTED FOR SALE

438 E 4th St Mount Vernon, NY 10553

Estimated Value: $658,253 - $879,000

7 Beds
3 Baths
3,900 Sq Ft
$198/Sq Ft Est. Value

Last Sold October 19, 2015

Last sale price $395,000 $101 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $4,371/month

148 Days on Market

Highlights

  • Colonial Architecture
  • 1 Car Detached Garage
  • Window Unit Cooling System
  • Property is near public transit
  • Eat-In Kitchen
  • Hot Water Heating System

About This Home

As of October 2015

A Gigantic price reduction! Highly Motivated Seller. Make it your own with Buyer Incentive of $25,000. Same owner for 55+ years. Well maintained duplex 2-family home in a quiet residential neighborhood, with newly renovated finished basement, with private side entrance, perfect for recreation and entertainment. All systems are maintained and operating efficiently. Architectural grade shingle roof installed with a 40 year warranty. The roof, gutters and leders are only 8 years old. First floor owner's unit recently painted and newly installed wall to wall carpeting over hardwood floors. Hugh eat in kitchen with pantry and new appliances. Live in one unit and income producing property. Newly renovated finished bsmt with private entrance, perfect family and entertainment area. Income apartment is a duplex unit with 4 bedrooms with 2 full baths, living room and kitchen. Beautifully landscaped yard. Long Driveway with one car detached garage. Basic STAR is approximately $2150 annually.

Last Agent to Sell the Property

Margaret Farran

Houlihan Lawrence Inc. Brokerage Phone: 914-337-0400 License #40FA1105680 Listed on: 04/01/2015

Last Buyer's Agent

Gloria Cole Nervil

Vern-Mount Realty Services License #10301215338

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,000

Year Built

  • Built in 1916

Lot Details

  • 5,066 Sq Ft Lot
  • No Common Walls
  • Fenced

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Stucco

Interior Spaces

  • 3,900 Sq Ft Home
  • Finished Basement
  • Walk-Out Basement
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Graham Elementary School

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Oil

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 0800-165-081-04051-000-0003

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,000

Year Built

Built in 1916

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1916
  • Attribution Contact: 914-337-0400
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen, Pantry
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Finished, Walk-Out Access
  • Total Bedrooms: 7
  • Living Area: 3900
  • SquareFootage: 3900.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Stucco
  • Fencing: Fenced

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Detached, 1 Car Detached, Driveway

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Oil, Hot Water
  • Sewer: Sewer
  • Water Source: Public
  • Hot Water: Fuel Oil Stand Alone

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Dimensions: 0.1163
  • Lot Size Sq Ft: 5066
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 0800-165-081-04051-000-0003
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf3Bedrooms: 1
  • NumberOf4Bedrooms: 1

Tax Info

  • Tax Annual Amount: 15000
  • Tax Map Number: 0800-165-081-04051-000-0003
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Elementary School: Graham School
  • High School: Call Listing Agent
  • Middle School District: Mount Vernon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2014
Sold by
Channel Horace E and Moses Mereline
Bought by
Channel Horace E
Current Estimated Value
$773,313
Source: Public Records

Range of Values:

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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
Channel Horace E -- Benchmark Title Agency Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2015 10/19/15 Sold $395,000 -10.0% $101 / Sq Ft
08/28/2015 08/28/15 Pending -- -- --
04/01/2015 04/01/15 For Sale $439,000 -- $113 / 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 $1,883 $10,500 $2,500 $8,000
2023 $13,481 $10,500 $2,500 $8,000
2022 $16,555 $10,500 $2,500 $8,000
2021 $16,257 $10,500 $2,500 $8,000
2020 $15,484 $10,500 $2,500 $8,000
2019 $15,292 $10,500 $2,500 $8,000
2018 $0 $10,500 $2,500 $8,000
2017 $0 $10,500 $2,500 $8,000
2016 $14,955 $10,500 $2,500 $8,000
2015 -- $10,500 $2,500 $8,000
2014 -- $10,500 $2,500 $8,000
2013 -- $10,500 $2,500 $8,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4512433

OneKey® MLS

APN: 0800-165-081-04051-000-0003