NOT LISTED FOR SALE

514 S 7th Ave Mount Vernon, NY 10550

Estimated Value: $641,359 - $1,141,000

5 Beds
2 Baths
2,627 Sq Ft
$314/Sq Ft Est. Value

Last Sold November 20, 2017

Last sale price $530,000 $202 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $5,741/month

28 Days on Market

Highlights

  • Property is near public transit
  • 2 Car Detached Garage
  • Park
  • Wood Flooring
  • Window Unit Cooling System
  • Fenced

About This Home

As of November 2017

Looking for a Manhattan getaway Oasis? This beautiful renovated 2-family home is nestled away on a quiet tree lined street in Mount Vernon just minutes away on the Metro North. Fabulous design with all the right spaces - entertain guest in your grand formal room while looking out large bay windows; cook a quiet dinner for 2 or a hearty meal for the whole family in the well-appointed kitchen; then relax to your master bedroom in the sky.

Last Agent to Sell the Property

Qizhan Yao

Realmart Realty LLC Brokerage Phone: 888-362-6543 License #10491203908 Listed on: 06/01/2017

Last Buyer's Agent

Non Non Member-MLS

Non-Member MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,063

Year Built

  • Built in 1955

Lot Details

  • 5,297 Sq Ft Lot
  • No Common Walls
  • Fenced

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,627 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 0800-169-046-03062-000-0004

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

$12,063

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Year Built: 1955
  • Attribution Contact: 888-362-6543
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Full
  • Total Bedrooms: 5
  • Living Area: 2627
  • SquareFootage: 2627.00
  • SquareFootageSource: Other

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Radiant
  • Sewer: Sewer
  • Water Source: Public
  • Hot Water: On Demand
  • NumberOfHeatingZones: 3

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.12
  • Lot Dimensions: 0.1216
  • Lot Size Sq Ft: 5297
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 0800-169-046-03062-000-0004
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Multi Family

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

Tax Info

  • Tax Annual Amount: 12063
  • Tax Map Number: 0800-169-046-03062-000-0004
  • IncludedInTaxes: Sewer,Trash

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2017
Closed on
Nov 11, 2017
Sold by
514 S7th Ave Llc
Bought by
Ducksworth Eric S and Campbell Robert
Seller's Agent
Qizhan Yao
Realmart Realty LLC
Buyer's Agent
Non Non Member-MLS
Non-Member MLS
List Price
$499,000
Sold Price
$530,000
Premium/Discount to List
$31,000
6.21%
Current Estimated Value
$823,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,590
Avg. Annual Appreciation
5.71%
Original Mortgage
$520,400
Outstanding Balance
$444,634
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$378,956

Purchase Details

Closed on
Mar 10, 2017
Sold by
Heslop Oswald and Estate Of Maudrine Johnson
Bought by
514 S 7Th Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
4.17%
Mortgage Type
Purchase Money Mortgage
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
Ducksworth Eric S $530,000 None Available
514 S 7Th Ave Llc $250,000 Riverside Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ducksworth Eric S $520,400
Previous Owner 514 S 7Th Ave Llc $295,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2017 11/20/17 Sold $530,000 +6.2% $202 / Sq Ft
05/31/2017 05/31/17 Pending -- -- --
05/31/2017 05/31/17 For Sale $499,000 -- $190 / 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 $17,160 $10,400 $2,600 $7,800
2023 $13,353 $10,400 $2,600 $7,800
2022 $16,397 $10,400 $2,600 $7,800
2021 $16,102 $10,400 $2,600 $7,800
2020 $13,353 $10,400 $2,600 $7,800
2019 $13,187 $8,900 $2,600 $6,300
2018 $0 $8,900 $2,600 $6,300
2017 $0 $8,900 $2,600 $6,300
2016 $12,413 $8,900 $2,600 $6,300
2015 -- $8,400 $2,600 $5,800
2014 -- $8,400 $2,600 $5,800
2013 -- $7,100 $2,600 $4,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4724779

OneKey® MLS

APN: 0800-169-046-03062-000-0004