NOT LISTED FOR SALE

Estimated Value: $749,893 - $828,000

5 Beds
2 Baths
2,000 Sq Ft
$392/Sq Ft Est. Value

Last Sold January 14, 2021

Last sale price $635,000 $318 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,849/month

30 Days on Market

Highlights

  • Property is near public transit
  • Park
  • Level Lot
  • Window Unit Cooling System
  • Hot Water Heating System
  • 4-minute walk to Hawkins Park

About This Home

As of January 2021

Beautifully maintained two family home in The Bronx's hidden jewel City Island. Great investment opportunity or live in one and rent the 2nd unit. The main unit offers a kitchen, dining room, living room, three bedrooms and a full bath. The second level offer a large eat-in-kitchen, living room, two bedrooms and a full bath with a walk out to the rear yard offers great privacy. Shared Laundry room. This home is located on a beach block, have your own private beach only for the residents of Bay Street. Low taxes & close proximity to restaurants, parks, transportation, beach, horse back riding, golf, bike trails a bonus. Express bus to New York City. Taxes do not reflect the NYS STAR school tax Exemption.

Last Agent to Sell the Property

Sherry Wiggs

Houlihan Lawrence Inc. Brokerage Phone: 914-693-8075 License #40WI0963013 Listed on: 08/29/2020

Houlihan Lawrence Inc.

Last Buyer's Agent

Robert Pape

Keller Williams NY Realty License #10301223656

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,050

Year Built

  • Built in 1962

Lot Details

  • 2,365 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Home Design

  • 2,000 Sq Ft Home
  • Brick Exterior Construction
  • Frame Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 05632-0038

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,050

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1962
  • Attribution Contact: 914-693-8075
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Basement: None
  • Total Bedrooms: 5
  • Living Area: 2000
  • SquareFootage: 2000.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame, Brick

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 2

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Size Sq Ft: 2365
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 05632-0038
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Multi Family

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

Tax Info

  • Tax Annual Amount: 6050
  • Tax Map Number: 05632-0038

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: Call Listing Agent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2020
Closed on
Jan 13, 2021
Sold by
Long John
Bought by
Deoleo Nory I
Seller's Agent
Sherry Wiggs
Houlihan Lawrence Inc.
Buyer's Agent
Robert Pape
Keller Williams NY Realty
List Price
$635,000
Sold Price
$635,000
Current Estimated Value
$784,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,473
Avg. Annual Appreciation
3.39%
Original Mortgage
$571,500
Outstanding Balance
$513,557
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$226,793

Purchase Details

Closed on
Aug 18, 2004
Sold by
Culhane Joan
Bought by
Long John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,000
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 21, 1991
Sold by
Carinci Corinne and Culhane Joan
Bought by
Culhane Joan
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
Deoleo Nory I $635,000 --
Deoleo Nory I $635,000 --
Long John $488,000 --
Long John $488,000 --
Culhane Joan -- --
Culhane Joan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deoleo Nory I $571,500
Closed Deoleo Nory I $15,000
Closed Deoleo Nory I $571,500
Previous Owner Long John $10,438
Previous Owner Long John $172,500
Previous Owner Long John $379,000
Previous Owner Long John $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2021 01/14/21 Sold $635,000 0.0% $318 / Sq Ft
09/28/2020 09/28/20 Pending -- -- --
08/29/2020 08/29/20 For Sale $635,000 -- $318 / 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 $6,889 $36,359 $7,780 $28,579
2024 $6,889 $34,301 $6,823 $27,478
2023 $6,966 $34,301 $6,643 $27,658
2022 $6,796 $41,040 $8,820 $32,220
2021 $6,759 $37,140 $8,820 $28,320
2020 $6,413 $36,300 $8,820 $27,480
2019 $5,980 $34,080 $8,820 $25,260
2018 $5,827 $28,584 $8,488 $20,096
2017 $5,783 $28,368 $8,050 $20,318
2016 $5,350 $26,763 $7,654 $19,109
2015 $3,322 $25,249 $8,646 $16,603
2014 $3,322 $23,820 $9,780 $14,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6063129

OneKey® MLS

APN: 05632-0038