NOT LISTED FOR SALE

Estimated Value: $806,000 - $1,093,000

8 Beds
3 Baths
3,336 Sq Ft
$274/Sq Ft Est. Value

Last Sold March 27, 2020

Last sale price $750,000 $225 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $5,479/month

69 Days on Market

Highlights

  • Property is near public transit
  • 3-minute walk to Nereid Avenue
  • Formal Dining Room
  • American Four Square Architecture
  • Main Floor Primary Bedroom
  • 2 Car Detached Garage

About This Home

As of March 2020

This fully detached, spacious, functional, legal 3 family brick stucco home with custom aluminum framing is located in a residential Wakefield section of the Bronx. Featuring in Apartment 2, and 3 - 3br's (master BR in Apt. 3 13.2ft x 17.2ft, master BR in Apt. 2 12ft x 14.5ft), separate living area, and dining area, kitchen, and a full bathroom. Apartment 1, has a separate walk in entrance that features 2br's (master BR 10ft x 12ft), separate living and dining area, kitchen, and a full bathroom. There is a bonus area with a separate first floor side entrance that features a room, kitchenette area, bathroom, and mechanic's area (boiler, and hot water tank). Being sold "As Is Condition".
One of the apartments can be delivered vacant on or prior to closing. Conveniently located close to everything, and walking distance to the train station #2 train (Nereid) Amenities include hardwood flooring, plenty of closet and storage space, two-car garage parking, and a sm. backyard with landscape. Additional Information: ParkingFeatures:2 Car Detached,

Last Agent to Sell the Property

Elrick Meyers

Meyers Enterprise Realty Group License #10311202715 Listed on: 10/09/2019

Last Buyer's Agent

Terrence Lao

Fave Realty Inc. License #10401307907

Fave Realty Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,033

Year Built

  • Built in 1940

Lot Details

  • 2,483

Home Design

  • Triplex
  • American Four Square Architecture
  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • Entrance Foyer
  • Formal Dining Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • On-Street Parking

Location

  • Property is near public transit

Schools

  • Contact Agent Elementary And Middle School
  • Contact Agent High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Radiant Heating System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 05072-0053

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,033

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Foursquare
  • Property SubType: Triplex
  • Year Built: 1940
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Water Heater
  • Interior Amenities: Entrance Foyer, Formal Dining, First Floor Bedroom, Master Downstairs, Walk-In Closet(s)
  • Full Bathrooms: 3
  • Basement: None
  • Total Bedrooms: 8
  • Basement YN: No

Exterior Features

  • Construction Materials: Aluminum Siding, Brick, Other
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 2
  • Parking Description: Detached, On Street

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Baseboard, Natural Gas, Radiant
  • Sewer: Public Sewer
  • Utilities: Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Park
  • Senior Community: No
  • Association: No

Association/Amenities

  • Community Features: Park

Schools

  • Middle School: Contact Agent

Lot Info

  • Building Area Total: 3336
  • Lot Features: Near Public Transit, Near School, Near Shops
  • Parcel Number: 05072-0053
  • Property Attached: No

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 6033
  • Tax Year: 2019

MLS Schools

  • Elementary School: Contact Agent
  • High School: Contact Agent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2019
Closed on
Mar 27, 2020
Sold by
Sharpe Altia and Sharpe Van
Bought by
Saunders Kenneth Alphonso
Seller's Agent
Elrick Meyers
Meyers Enterprise Realty Group
Buyer's Agent
Terrence Lao
Fave Realty Inc.
List Price
$735,000
Sold Price
$750,000
Premium/Discount to List
$15,000
2.04%
Current Estimated Value
$914,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,356
Avg. Annual Appreciation
4.74%
Original Mortgage
$734,889
Outstanding Balance
$655,242
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$311,227

Purchase Details

Closed on
Sep 28, 2000
Sold by
Bonfiglio Paul and Prag Lata Vijay
Bought by
Sharpe Van and Sharpe Altia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,625
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Saunders Kenneth Alphonso $750,000 --
Sharpe Van $257,500 Old Republic Natl Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saunders Kenneth Alphonso $734,889
Previous Owner Sharpe Altia $50,000
Previous Owner Sharpe Altia $136,443
Previous Owner Sharpe Altia $65,000
Previous Owner Sharpe Altia $344,300
Previous Owner Sharpe Van $42,500
Previous Owner Sharpe Van $244,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2024 12/11/24 Off Market $750,000 -- --
03/27/2020 03/27/20 Sold $750,000 +2.0% $225 / Sq Ft
12/17/2019 12/17/19 Pending -- -- --
10/09/2019 10/09/19 For Sale $735,000 -- $220 / 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 $7,288 $36,288 $5,301 $30,987
2024 $7,288 $36,288 $5,745 $30,543
2023 $7,314 $36,014 $5,261 $30,753
2022 $6,783 $49,200 $8,160 $41,040
2021 $6,746 $44,100 $8,160 $35,940
2020 $6,105 $47,760 $8,160 $39,600
2019 $6,033 $43,860 $8,160 $35,700
2018 $5,820 $30,012 $6,328 $23,684
2017 $5,472 $28,314 $7,238 $21,076
2016 $5,030 $26,712 $7,384 $19,328
2015 $3,461 $25,200 $9,060 $16,140
2014 $3,461 $25,200 $9,060 $16,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: H5096817

OneKey® MLS

APN: 05072-0053