NOT LISTED FOR SALE

Estimated Value: $684,548 - $817,000

6 Beds
2 Baths
2,875 Sq Ft
$264/Sq Ft Est. Value

Last Sold July 22, 2015

Last sale price $475,000 $165 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $5,756/month

12 Days on Market

Highlights

  • 1 Car Attached Garage
  • Pelham Memorial High School Rated A+
  • Hot Water Heating System

About This Home

As of July 2015

Investor wanted for this three family home on quiet Pelham street includes large two bedroom/one bath, living room, eat in kitchen on first level, three bedroom/one bath, living room/fpl, eat in kitchen on second level, one bedroom/one bath, living room and galley kitchen on third level. This stucco home also offers a long driveway and detached garage. The current rent roll is $54,000 per year. Expenses including taxes, heating, water, insurance and con ed are approximately $36,000. Debt service with 30 percent down payment is approximately $21,000 per year. Taxes do not reflect NYS STAR tax exemption. Home currently assessed for $540,000 and taxes can be grieved lowering taxes and expenses by $2,400 per year.

Last Agent to Sell the Property

P. Anthony Marciano

Century 21 Marciano Brokerage Phone: 914-235-4996 License #37MA1101672 Listed on: 04/28/2015

Century 21 Marciano

Last Buyer's Agent

P. Anthony Marciano

Century 21 Marciano Brokerage Phone: 914-235-4996 License #37MA1101672 Listed on: 04/28/2015

Century 21 Marciano

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,213

Year Built

  • Built in 1920

Lot Details

  • 4,787 Sq Ft Lot
  • No Common Walls

Parking

  • 1 Car Attached Garage

Home Design

  • 2,875 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Oil
  • Private Water Source

Listing and Financial Details

  • Assessor Parcel Number 4403-164-021-00001-000-0029

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,213

Year Built

Built in 1920

Lot Details

4,787 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: See Remarks
  • Property SubType: Multi Family
  • Year Built: 1920
  • Attribution Contact: 914-235-4996
  • Village: Pelham
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Living Area: 2875
  • SquareFootage: 2875.00
  • SquareFootageSource: Municipality

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Attached, 1 Car Attached

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Oil, Hot Water
  • Sewer: Public Sewer
  • Water Source: Private
  • Hot Water: Gas Stand Alone

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Pelham Middle School

Lot Info

  • Lot Size Acres: 0.11
  • Lot Dimensions: 0.1099
  • Lot Size Sq Ft: 4787
  • Lot Size Units: Acres
  • Parcel Number: 4403-164-021-00001-000-0029
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3
  • NumberOf1Bedrooms: 1
  • NumberOf2Bedrooms: 1
  • NumberOf3Bedrooms: 1

Tax Info

  • Tax Annual Amount: 18213
  • Tax Map Number: 4403-164-021-00001-000-0029
  • 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
Apr 28, 2015
Closed on
Jul 22, 2015
Sold by
Mahar Philip J
Bought by
Malcolm Maxine and Malcolm Douglas M
Seller's Agent
P. Anthony Marciano
Century 21 Marciano
Buyer's Agent
P. Anthony Marciano
Century 21 Marciano
List Price
$489,021
Sold Price
$475,000
Premium/Discount to List
-$14,021
-2.87%
Current Estimated Value
$759,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,637
Avg. Annual Appreciation
4.54%

Purchase Details

Closed on
Apr 23, 2015
Sold by
Estate Of Thomas Mahar
Bought by
Mahar Philip J

Purchase Details

Closed on
Dec 15, 1997
Sold by
Crick Jacqueline and Francis John A
Bought by
Mahar Thomas
Source: Public Records
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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
Malcolm Maxine $475,000 Trinity Abstract Llc
Mahar Philip J -- Attorney
Mahar Thomas $217,500 The Title Guarantee Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2015 07/22/15 Sold $475,000 -2.9% $165 / Sq Ft
05/11/2015 05/11/15 Pending -- -- --
04/28/2015 04/28/15 For Sale $489,021 -- $170 / Sq Ft
Source: OneKey® MLS

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 $22,118 $845,000 $231,000 $614,000
2023 $21,115 $805,000 $154,000 $651,000
2022 $21,163 $756,000 $154,000 $602,000
2021 $18,052 $700,000 $154,000 $546,000
2020 $17,190 $600,000 $154,000 $446,000
2019 $19,566 $575,000 $154,000 $421,000
2018 $14,717 $510,000 $154,000 $356,000
2017 $2,332 $485,000 $154,000 $331,000
2016 $18,973 $485,000 $154,000 $331,000
2015 -- $485,000 $154,000 $331,000
2014 -- $540,000 $154,000 $386,000
2013 -- $525,000 $154,000 $371,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4517920

OneKey® MLS

APN: 4403-164-021-00001-000-0029

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