NOT LISTED FOR SALE

525 E 5th St Mount Vernon, NY 10553

Estimated Value: $643,645 - $921,000

5 Beds
2 Baths
3,000 Sq Ft
$268/Sq Ft Est. Value

Last Sold February 14, 2022

Last sale price $675,000 $225 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,585/month

68 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Granite Countertops
  • Property is near public transit
  • Main Floor Primary Bedroom
  • 4-minute walk to Brush Park Mt Vernon Ny

About This Home

As of February 2022

This is a large property (over 3000 sqft)...spacious EIK 2br + office inside the 1stfl unit. Basement is connected to this unit-finished with a full bath and two large bonus rooms, laundry and many storage areas/closets...WALK OUT BASEMENT. 2nd & 3rd fl is large 3br apt currently renting for $2200 EIK. Tenant has been with landlord for over 8 yrs so rent could easily be as high as $2600 or more. Driveway fits over 6 cars. There is a cozy grassy back yard, a slab patio for relaxing, BBQING or celebrating. This is a very private street bordering Pelham, so there is little traffic. Walking distance to Pelham Metro North, bus stops and easy access to multiple highways blocks away. Property is in very good condition. Roof is about 1 year old. Yes you can move in and rent both/one of the units (live in the other). You could also quickly update a little more to get max rents for these large spacious units (over $6000 MO). There is a surveillance system and sprinkler system installed as well.

Last Agent to Sell the Property

Brenton Redcross

Fleetwood Realty License #10401284508 Listed on: 10/08/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,881

Year Built

  • Built in 1955

Lot Details

  • 4,887 Sq Ft Lot
  • No Common Walls
  • Fenced
  • Level Lot

Home Design

  • Colonial Architecture
  • Stucco

Interior Spaces

  • 3,000 Sq Ft Home
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 6 Parking Spaces
  • Private Parking
  • Driveway
  • Off-Street Parking

Location

  • Property is near public transit

Schools

  • Graham Elementary School

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Radiant Heating System
  • Oil Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0800-169-026-04022-000-0007

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

$12,881

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1955
  • Attribution Contact: 914-664-5000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Master Downstairs, Eat-in Kitchen, Granite Counters
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 5
  • Living Area: 3000.00
  • Square Footage: 3000.00

Exterior Features

  • Construction Materials: Stucco
  • Fencing: Fenced

Garage/Parking

  • Total Parking Spaces: 6.00
  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway, Off Street, Private

Utilities

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

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Acres: 0.1100
  • Lot Size Area: 0.1100
  • Lot Size Sq Ft: 4887.00
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 0800-169-026-04022-000-0007
  • Property Attached: No

Tax Info

  • Close Date: 2022-02-14
  • Tax Annual Amount: 12881.00
  • Tax Map Number: 0800-169-026-04022-000-0007

Multi Family

  • Units Total: 2
  • Two Bedrooms: 1
  • Three Bedrooms: 1
  • Separate Electric Meters: 2
  • Separate Gas 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
Oct 8, 2021
Closed on
Feb 14, 2022
Sold by
Levar Jaems and Wright Candelaria
Bought by
Sukhoo Randal Stephanie and Sukhoo Ravi Ramnarine
Seller's Agent
Brenton Redcross
Fleetwood Realty
List Price
$799,999
Sold Price
$675,000
Premium/Discount to List
-$124,999
-15.62%
Current Estimated Value
$803,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,161
Avg. Annual Appreciation
2.35%
Original Mortgage
$662,774
Interest Rate
3.55%
Mortgage Type
FHA
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
Sukhoo Randal Stephanie $675,000 New Way Abstract Corp
Sukhoo Stephanie $675,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sukhoo Stephanie $662,774
Previous Owner Wright Candelaria $420,000
Previous Owner Wright Candelaria $416,000
Previous Owner Wright Candelaria $6,050
Previous Owner Wright Candelaria $304,500
Previous Owner Wright Candelaria $4,868
Previous Owner Wright Candelaria $219,000
Previous Owner Wright Candelaria $43,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2022 02/14/22 Sold $675,000 -15.6% $225 / Sq Ft
12/15/2021 12/15/21 Pending -- -- --
10/08/2021 10/08/21 For Sale $799,999 -- $267 / 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 $1,793 $10,000 $2,500 $7,500
2023 $12,839 $10,000 $2,500 $7,500
2022 $15,767 $10,000 $2,500 $7,500
2021 $15,483 $10,000 $2,500 $7,500
2020 $12,881 $10,000 $2,500 $7,500
2019 $14,817 $10,000 $2,500 $7,500
2018 $0 $10,000 $2,500 $7,500
2017 $0 $10,000 $2,500 $7,500
2016 $14,243 $10,000 $2,500 $7,500
2015 -- $10,000 $2,500 $7,500
2014 -- $10,000 $2,500 $7,500
2013 -- $10,000 $2,500 $7,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6147473

OneKey® MLS

APN: 0800-169-026-04022-000-0007