NOT LISTED FOR SALE

498 E 3rd St Mount Vernon, NY 10553

Estimated Value: $594,000 - $828,000

6 Beds
2 Baths
3,000 Sq Ft
$238/Sq Ft Est. Value

Last Sold August 02, 2017

Last sale price $425,000 $142 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $5,257/month

122 Days on Market

Highlights

  • Property is near public transit
  • Porch
  • Window Unit Cooling System
  • Private Lot
  • Eat-In Kitchen
  • 4-minute walk to Wilson Woods Park

About This Home

As of August 2017

Newly Renovated Beautiful 2 family home, with an extremely large fully finished Basement. True 3 bedroom over 3 bedroom home. Basement has Washer & Dryer Connection.

Last Agent to Sell the Property

Camelia Pena-Rivera

RE/MAX Distinguished Hms.&Prop Brokerage Phone: 914-346-8255 License #10401258871 Listed on: 08/26/2016

RE/MAX Distinguished Hms.&Prop

Last Buyer's Agent

Gerard Hutchins

Integrity Business Solutions License #10311201150

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,200

Year Built

  • Built in 1910 | Remodeled in 2016

Lot Details

  • 2,339 Sq Ft Lot
  • Two or More Common Walls
  • Stone Wall
  • Private Lot

Parking

  • Public Parking

Home Design

  • Tri-Level Property
  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • 3,000 Sq Ft Home
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Schools

  • Hamilton Elementary School
  • Ab Davis Steam High Middle School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • Porch
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 0800-165-081-04029-000-0020-1

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

$14,200

Year Built

Built in 1910 | Remodeled in 2016

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Tri-Level
  • Property SubType: Multi Family
  • Year Built: 1910
  • Year Built Effective: 2016
  • Attribution Contact: 914-346-8255
  • Village: None
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Year Renovated: 2016

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Basement: Finished, Full
  • Total Bedrooms: 6
  • Living Area: 3000
  • SquareFootage: 3000.00
  • SquareFootageSource: Other

Exterior Features

  • Construction Materials: Brick, Aluminum Siding
  • Fencing: Fenced
  • Patio and Porch Features: Porch

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Public Parking

Utilities

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

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Ab Davis Steam High School

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Dimensions: 0.0537
  • Lot Size Sq Ft: 2339
  • Lot Size Units: Acres
  • Lot Features: Stone/Brick Wall, Near Public Transit, Private
  • Parcel Number: 0800-165-081-04029-000-0020-1
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf3Bedrooms: 2

Tax Info

  • Tax Annual Amount: 14200
  • Tax Map Number: 0800-165-081-04029-000-0020-1

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2016
Closed on
Aug 2, 2017
Sold by
5 Stanley Lane Corp
Bought by
Cherrington Yvonne May
Seller's Agent
Camelia Pena-Rivera
RE/MAX Distinguished Hms.&Prop
Buyer's Agent
Gerard Hutchins
Integrity Business Solutions
List Price
$440,000
Sold Price
$425,000
Premium/Discount to List
-$15,000
-3.41%
Current Estimated Value
$713,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,892
Avg. Annual Appreciation
6.64%
Original Mortgage
$417,302
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 10, 2014
Sold by
Aris Chantelle and Cox Marlene
Bought by
5 Stanley Lane Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
4.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 14, 2006
Sold by
Proctor Ava Pile
Bought by
Aris Chantelle and Cox Marlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,800
Interest Rate
7.15%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Cherrington Yvonne May $425,000 None Available
5 Stanley Lane Corp $141,123 Globalserve Title Agency Cor
Aris Chantelle $509,782 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cherrington Yvonne May $103,933
Previous Owner Cherrington Yvonne May $417,302
Previous Owner 5 Stanley Lane Corp $110,000
Previous Owner Aris Chantelle $407,800
Previous Owner Proctor Ava Pile $391,500
Previous Owner Constantinides Vasos $342,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2017 08/02/17 Sold $425,000 -3.4% $142 / Sq Ft
08/26/2016 08/26/16 Pending -- -- --
08/26/2016 08/26/16 For Sale $440,000 -- $147 / 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 $16,500 $10,000 $1,200 $8,800
2023 $12,839 $10,000 $1,200 $8,800
2022 $15,767 $10,000 $1,200 $8,800
2021 $15,483 $10,000 $1,200 $8,800
2020 $15,003 $10,000 $1,200 $8,800
2019 $14,817 $10,000 $1,200 $8,800
2018 $4,478 $10,000 $1,200 $8,800
2017 $0 $10,000 $1,200 $8,800
2016 $14,243 $10,000 $1,200 $8,800
2015 -- $10,000 $1,200 $8,800
2014 -- $10,000 $1,200 $8,800
2013 -- $10,000 $1,200 $8,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4638181

OneKey® MLS

APN: 0800-165-081-04029-000-0020-1