NOT LISTED FOR SALE

447 S 2nd Ave Mount Vernon, NY 10550

Estimated Value: $592,729 - $734,000

5 Beds
3 Baths
4,200 Sq Ft
$160/Sq Ft Est. Value

Last Sold December 14, 2021

Last sale price $590,000 $140 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,835/month

38 Days on Market

Highlights

  • Property is near public transit
  • Main Floor Bedroom
  • Window Unit Cooling System
  • Post and Beam
  • 2 Car Detached Garage
  • 3-minute walk to Brush Park

About This Home

As of December 2021

OPPORTUNITY KNOCKS with this income producing property. Legal two-family home consisting of a 2 bedroom/1 bath apartment on the first floor, a 3 bedroom/1 bath (Duplex) apartment on the second and third floors and an addition 1027sqft bonus space with full bath in the walkout basement, providing endless possibilities. Other features include hardwood floors, laundry in basement and a two car detached garage with long driveway and ample parking. Each unit has a separate entrance. Close to schools, shopping, transportation and major highways.

Last Agent to Sell the Property

Lauren Giakoumas

Premier Realty Boutique, LLC License #10401286849 Listed on: 08/24/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,124

Year Built

  • Built in 1926

Lot Details

  • 4,195 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Post and Beam
  • Tri-Level Property
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 4,200 Sq Ft Home
  • Finished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Edward Williams Elementary School

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Oil
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0800-169-039-03119-000-0034

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,124

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Trilevel
  • Property SubType: Multi Family
  • Year Built: 1926
  • Attribution Contact: 914-447-5149
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: 1st Floor Bedrm
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Finished, Walk-Out Access
  • Total Bedrooms: 5
  • Living Area: 4200.00
  • Square Footage: 4200.00

Exterior Features

  • Construction Materials: Frame, Post and Beam, Aluminum Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Description: Detached, 2 Car Detached, Driveway

Utilities

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

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Edward Williams School
  • Middle School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.1000
  • Lot Size Area: 0.1000
  • Lot Size Sq Ft: 4195.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 0800-169-039-03119-000-0034
  • Property Attached: No

Tax Info

  • Close Date: 2021-12-14
  • Included in Taxes: Sewer, Trash, Water
  • Tax Annual Amount: 13124.00
  • Tax Map Number: 0800-169-039-03119-000-0034

Multi Family

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

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2021
Closed on
Dec 14, 2021
Sold by
Reyes Wilfredo and Decastro Miracle
Bought by
Jacob Oluwaseun L
Seller's Agent
Lauren Giakoumas
Premier Realty Boutique, LLC
List Price
$629,000
Sold Price
$590,000
Premium/Discount to List
-$39,000
-6.2%
Current Estimated Value
$670,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,682
Avg. Annual Appreciation
3.37%

Purchase Details

Closed on
Mar 16, 2018
Sold by
Reyes Wilfredo
Bought by
Reyes Wilfredo and Decastro Mircale

Purchase Details

Closed on
Jul 26, 2007
Sold by
Harris Mary E
Bought by
Royster Helen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,185
Interest Rate
5.27%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Nov 10, 2004
Sold by
Royster Helen A and Royster Walter
Bought by
Royster Harris Mary Evelyn
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
Jacob Oluwaseun L $590,000 Judicial Title Ins Agcy
Reyes Wilfredo -- None Available
Royster Helen A -- Prime Title Search Llc
Royster Harris Mary Evelyn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reyes Wilfredo $461,663
Previous Owner Royster Helen A $544,185
Previous Owner Royster Walter $225,000
Previous Owner Royster Walter $4,488
Previous Owner Royster Walter $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2021 12/14/21 Sold $590,000 -1.5% $140 / Sq Ft
10/01/2021 10/01/21 Pending -- -- --
09/03/2021 09/03/21 Price Changed $599,000 -4.8% $143 / Sq Ft
08/24/2021 08/24/21 For Sale $629,000 -- $150 / 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 $1,435 $8,000 $1,600 $6,400
2023 $10,271 $8,000 $1,600 $6,400
2022 $13,559 $8,000 $1,600 $6,400
2021 $13,315 $8,600 $1,600 $7,000
2020 $12,902 $8,600 $1,600 $7,000
2019 $12,743 $8,600 $1,600 $7,000
2018 $0 $8,600 $1,600 $7,000
2017 $0 $8,600 $1,600 $7,000
2016 $12,249 $8,600 $1,600 $7,000
2015 -- $8,600 $1,600 $7,000
2014 -- $8,600 $1,600 $7,000
2013 -- $8,600 $1,600 $7,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6114233

OneKey® MLS

APN: 0800-169-039-03119-000-0034