NOT LISTED FOR SALE

506 E 183rd St Bronx, NY 10458

Belmont Neighborhood

Estimated Value: $797,000 - $936,000

4 Beds
3 Baths
2,112 Sq Ft
$406/Sq Ft Est. Value

Last Sold March 28, 2024

Last sale price $487,700 $231 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $4,772/month

45 Days on Market

Highlights

  • Property is near public transit
  • Hot Water Heating System
  • Level Lot
  • Main Floor Primary Bedroom

About This Home

As of March 2024

Welcome to this Central Bronx diamond in the rough. This attached 2-family which consists of a spacious 3-bedroom 2 bath duplex unit and a 1-bedroom 1-bath walk-in unit. House has a fenced backyard for entertaining. Bring your personal touch and creativity and make this your income producing home. Photos maybe staged to show properties potential.

Last Agent to Sell the Property

Joe Hasselt

Joe Hasselt Real Estate Brokerage Phone: (718) 892-1700 License #35HA0410049 Listed on: 01/19/2024

Last Buyer's Agent

Non Non Member-MLS

Non-Member MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,359

Year Built

  • Built in 1901

Lot Details

  • 1,316 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,112 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Location

  • Property is near public transit

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 03050-0064

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,359

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: See Remarks
  • Property SubType: Multi Family
  • Year Built: 1901
  • Attribution Contact: (718) 892-1700
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Master Downstairs, First Floor Bedroom
  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Basement: Full
  • Total Bedrooms: 4
  • Living Area: 2112
  • SquareFootage: 2112.00
  • SquareFootageSource: Other

Exterior Features

  • Construction Materials: Frame, Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None, On Street

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water
  • Sewer: Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: See Remarks

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdditionalFeesYN: 0

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.03
  • Lot Size Sq Ft: 1316
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 03050-0064
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf1Bedrooms: 1
  • NumberOf2Bedrooms: 0
  • NumberOf3Bedrooms: 1
  • NumberOf4Bedrooms: 0

Tax Info

  • Tax Annual Amount: 3359
  • Tax Map Number: 03050-0064
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: City of New York

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2024
Closed on
Mar 28, 2024
Sold by
Nationstar Mortgage Llc As Attorney In and Rmac Trust Series 2016-Ctt
Bought by
Babakama 119 Llc
Seller's Agent
Joe Hasselt
Joe Hasselt Real Estate
Buyer's Agent
Non Non Member-MLS
Non-Member MLS
List Price
$469,900
Sold Price
$487,700
Premium/Discount to List
$17,800
3.79%
Views
57
Current Estimated Value
$857,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$370,080
Avg. Annual Appreciation
34.82%
Original Mortgage
$440,000
Outstanding Balance
$432,227
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$425,553

Purchase Details

Closed on
Aug 1, 2019
Sold by
Lubowitz Esq Susan I
Bought by
U S Bank National Association Not In I

Purchase Details

Closed on
Aug 30, 2004
Sold by
Horizon Holding Corp
Bought by
Valerio Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Babakama 119 Llc $494,529 --
Babakama 119 Llc $494,529 --
U S Bank National Association Not In I $477,134 --
U S Bank National Association Not In I $477,134 --
Valerio Richard $330,000 --
Valerio Richard $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Babakama 119 Llc $440,000
Closed Babakama 119 Llc $440,000
Previous Owner Valerio Richard $264,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2024 03/28/24 Sold $487,700 +3.8% $231 / Sq Ft
03/05/2024 03/05/24 Pending -- -- --
01/19/2024 01/19/24 For Sale $469,900 -- $222 / Sq Ft
Source: OneKey® MLS

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 $3,811 $19,157 $3,359 $15,798
2024 $3,811 $18,976 $3,014 $15,962
2023 $3,701 $18,223 $3,094 $15,129
2022 $3,495 $38,100 $7,680 $30,420
2021 $3,541 $39,240 $7,680 $31,560
2020 $3,379 $35,760 $7,680 $28,080
2019 $3,308 $34,080 $7,680 $26,400
2018 $3,096 $15,186 $4,263 $10,923
2017 $2,974 $14,588 $3,874 $10,714
2016 $2,803 $14,023 $3,868 $10,155
2015 $1,440 $13,303 $3,935 $9,368
2014 $1,440 $13,178 $4,403 $8,775
Source: Public Records

Agents Affiliated with this Home

  • Joe Hasselt

    Seller's Agent in 2024

    Joe Hasselt

    Joe Hasselt Real Estate

    (718) 892-1700

    1 in this area

    91 Total Sales

    Joe Hasselt
    Section Image

  • N

    Buyer's Agent in 2024

    Non Non Member-MLS

    Non-Member MLS

See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY6285219

OneKey® MLS

APN: 03050-0064

New York Bronx County Bronx 10457 Belmont

506 E 183rd St, Bronx, NY

Not Listed for Sale

MultiFamily

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