NOT LISTED FOR SALE

Estimated Value: $1,115,000 - $1,188,000

6 Beds
2 Baths
4,020 Sq Ft
$288/Sq Ft Est. Value

Last Sold February 10, 2021

Last sale price $940,000 $234 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $7,067/month

58 Days on Market

Highlights

  • Water Views
  • Clubhouse
  • Property is near public transit
  • 0.17 Acre Lot
  • Deck
  • Wood Flooring

About This Home

As of February 2021

Spectacular opportunity to finally purchase a brick two family home with huge basement on 75 X 100 lot in peaceful and private Locust Point. Once inside this quaint and elegant four block residential community, you are transported to an oasis unparalleled anywhere in the Bronx! This long admired, stately home features unusually large apartments, each one having hardwood floors, huge eat-in kitchens, updated bathrooms and water views. A real bonus is the massive basement with high ceilings and separate entrance. Gain access to the private park and playground for Locust Point residents by joining the Locust Point Civic Association for a few dollars a year. Quiet neighborhood close to transportation, shopping and schools. Additional Information: HeatingFuel:Oil Below Ground, BuildingAreaSource: Other,

Last Agent to Sell the Property

Lisa Anne Tsavaris

Landith Realty Ltd Brokerage Phone: 212-572-4881 License #10311208042 Listed on: 10/07/2020

Last Buyer's Agent

Faheem Afridi

Winzone Realty Inc License #40AF1115077

Winzone Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,008

Year Built

  • Built in 1953

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot
  • Subdivision Possible

Parking

  • Driveway

Home Design

  • Duplex
  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • Formal Dining Room
  • Wood Flooring
  • Water Views
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil

Additional Features

  • Deck
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 05527-0050

Community Details

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Additional Features

  • 2 Units
  • Clubhouse

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,008

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Duplex
  • Property SubType: Multi Family
  • Year Built: 1953
  • Attribution Contact: 212-572-4881
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen, Formal Dining
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Full Bathrooms: 2
  • Basement: Finished, Full
  • Total Bedrooms: 6
  • SquareFootageSource: Other

Exterior Features

  • Construction Materials: Brick, Stone
  • View: Other, Water
  • Patio and Porch Features: Deck
  • View YN: Yes

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Oil, Other
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Clubhouse, Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Features: Level, Possible Sub Division
  • Parcel Number: 05527-0050

Multi Family

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

Tax Info

  • Tax Annual Amount: 8008
  • Tax Map Number: 05527-0050

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
Oct 7, 2020
Closed on
Feb 10, 2021
Sold by
The Josephine Tsavaris Irrevocable Trust and Tsavaris Co-Trustee Frank G
Bought by
Khan Abdur R and Khan Suleman
Seller's Agent
Lisa Anne Tsavaris
Landith Realty Ltd
Buyer's Agent
Faheem Afridi
Winzone Realty Inc
List Price
$975,000
Sold Price
$940,000
Premium/Discount to List
-$35,000
-3.59%
Current Estimated Value
$1,141,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,889
Avg. Annual Appreciation
4.22%
Original Mortgage
$658,000
Outstanding Balance
$592,525
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$540,931

Purchase Details

Closed on
Aug 10, 2006
Sold by
Tsavaris Josephine
Bought by
Arthur F Tsavaris As Trustee and Frank G Tsavaris As Trustee
Source: Public Records

Range of Values:

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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
Khan Abdur R $940,000 --
Khan Abdur R $940,000 --
Arthur F Tsavaris As Trustee -- --
Arthur F Tsavaris As Trustee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khan Abdur R $658,000
Closed Khan Abdur R $658,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2021 02/10/21 Sold $940,000 -3.6% $234 / Sq Ft
12/04/2020 12/04/20 Pending -- -- --
10/07/2020 10/07/20 For Sale $975,000 -- $243 / 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 $10,134 $53,084 $9,766 $43,318
2024 $10,134 $50,458 $11,065 $39,393
2023 $9,951 $48,997 $9,707 $39,290
2022 $9,228 $73,980 $13,920 $60,060
2021 $9,310 $60,060 $13,920 $46,140
2020 $8,009 $62,040 $13,920 $48,120
2019 $7,457 $54,240 $13,920 $40,320
2018 $7,007 $40,831 $13,689 $27,142
2017 $7,127 $38,520 $13,920 $24,600
2016 $6,637 $36,864 $13,117 $23,747
2015 $3,978 $36,864 $12,305 $24,559
2014 $3,978 $35,040 $14,040 $21,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6075128

OneKey® MLS

APN: 05527-0050