NOT LISTED FOR SALE

501 E 3rd St Mount Vernon, NY 10553

Estimated Value: $559,090 - $769,000

3 Beds
2 Baths
1,486 Sq Ft
$423/Sq Ft Est. Value

Last Sold November 10, 2021

Last sale price $455,000 $306 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $4,322/month

71 Days on Market

Highlights

  • Property is near public transit
  • Eat-In Kitchen
  • Fenced
  • 2 Car Detached Garage
  • Heating System Uses Steam
  • Level Lot

About This Home

As of November 2021

This is an estate sale. Property is in fair condition & is being sold strictly as is. Attic has 2 rooms, which the current tenant is using as additional sleeping quarters. Attic sq footage not included in unit 2. Convenient location, near all parkways, public transit, shopping, & schools. 30 mins to midtown Manhattan via Metro-North commuter trains.

Last Agent to Sell the Property

Sid Walker

License #40WA0807988 Listed on: 02/24/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,870

Year Built

  • Built in 1900

Lot Details

  • 5,053 Sq Ft Lot
  • No Common Walls
  • Fenced
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,486 Sq Ft Home
  • 2-Story Property
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Graham Elementary School
  • Ab Davis Steam High Middle School

Utilities

  • No Cooling
  • 2 Heating Zones
  • Heating System Uses Steam
  • Heating System Uses Oil
  • Oil Water Heater

Community Details

  • 2 Units
  • 2 Separate Electric Meters

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Assessor Parcel Number 0800-165-082-04028-000-0013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,870

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: 2 Story
  • Property SubType: Multi Family
  • Year Built: 1900
  • Attribution Contact: 914-667-8996
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1486.00
  • Square Footage: 1486.00

Exterior Features

  • Construction Materials: Frame, Vinyl Siding
  • Fencing: Fenced

Garage/Parking

  • Total Parking Spaces: 3.00
  • Attached Garage: No
  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Description: Detached, 2 Car Detached

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Oil, Steam
  • Hot Water: Fuel Oil Stand Alone
  • Heating Zones: 2
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Additional Fee: No

Schools

  • Elementary School: Graham School
  • Middle School: Ab Davis Steam High School
  • High School: Call Listing Agent
  • Middle School: Ab Davis Steam High School

Lot Info

  • Lot Size Acres: 0.1200
  • Lot Size Area: 0.1200
  • Lot Size Sq Ft: 5053.00
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 0800-165-082-04028-000-0013
  • Property Attached: No

Rental Info

  • Hold Start Date: 2021-04-21
  • Tenant Pays: Cooking Gas, Electricity

Tax Info

  • Close Date: 2021-11-10
  • Included in Taxes: Sewer, Trash, Water
  • Tax Annual Amount: 9870.00
  • Tax Map Number: 0800-165-082-04028-000-0013

Multi Family

  • Units Total: 2
  • 1 Bedrooms: 1
  • Two Bedrooms: 1
  • Separate Electric Meters: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2021
Closed on
Nov 10, 2021
Sold by
Cuomo Christopher R and Estate Of Robert Mcrae
Bought by
Loja Nicholas and Chimborazo Maria M
Seller's Agent
Sid Walker
List Price
$440,000
Sold Price
$455,000
Premium/Discount to List
$15,000
3.41%
Current Estimated Value
$629,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,273
Avg. Annual Appreciation
7.18%
Original Mortgage
$439,814
Outstanding Balance
$407,522
Interest Rate
3.05%
Mortgage Type
FHA
Estimated Equity
$184,229
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
Loja Nicholas $455,000 Absolute Title Agcy Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loja Nicholas $439,814
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2021 11/10/21 Sold $455,000 0.0% $306 / Sq Ft
05/06/2021 05/06/21 Pending -- -- --
04/21/2021 04/21/21 Off Market $455,000 -- --
02/24/2021 02/24/21 For Sale $440,000 -- $296 / 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 $10,725 $6,500 $2,500 $4,000
2023 $8,345 $6,500 $2,500 $4,000
2022 $10,248 $6,500 $2,500 $4,000
2021 $10,064 $6,500 $2,500 $4,000
2020 $9,752 $6,500 $2,500 $4,000
2019 $9,631 $6,500 $2,500 $4,000
2018 $0 $6,500 $2,500 $4,000
2017 $0 $6,500 $2,500 $4,000
2016 $9,258 $6,500 $2,500 $4,000
2015 -- $6,500 $2,500 $4,000
2014 -- $6,500 $2,500 $4,000
2013 -- $6,500 $2,500 $4,000
Source: Public Records

Agents Affiliated with this Home

  • Sid Walker

    Seller's Agent in 2021

    Sid Walker

    (914) 714-5988

    3 in this area

    32 Total Sales

    Sid Walker
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Map

Source: OneKey® MLS

MLS Number: KEY6097656

OneKey® MLS

APN: 0800-165-082-04028-000-0013

New York Westchester County Mount Vernon 10553

501 E 3rd St, Mount Vernon, NY

This home is located at 501 E 3rd St, Mount Vernon, NY 10553 since 24 February 2021 and is currently estimated at $629,273, approximately $423 per square foot. This property was built in 1900. 501 E 3rd St is a home located in Westchester County with nearby schools including Graham Elementary School, Benjamin Turner Middle School, and Mount Vernon High School.

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