NOT LISTED FOR SALE

540 Commonwealth Ave Bronx, NY 10473

Clason Point Neighborhood

Estimated Value: $880,429 - $951,000

5 Beds
2 Baths
3,080 Sq Ft
$297/Sq Ft Est. Value

Last Sold July 18, 2020

Last sale price $664,900 $216 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $5,420/month

176 Days on Market

Highlights

  • Colonial Architecture
  • Main Floor Primary Bedroom
  • Formal Dining Room

About This Home

As of July 2020

Beautifully renovated, two family house with an attached 2 car garage. The home features new windows, kitchens and bathrooms. The property also has a full basement with a separate entrance. Walking distance to Soundview Park. Don't wait, call now., Additional information: Business Located At:,Rental Income:

Last Agent to Sell the Property

Jim Pappas

Rock Realty Inc Brokerage Phone: 718-478-4545 License #10311200403 Listed on: 08/21/2019

Last Buyer's Agent

Non Non Member-MLS

Non-Member MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,578

Year Built

  • Built in 1935

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 25x100
  • 1 Common Wall

Parking

  • Shared Driveway

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

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

Utilities

  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Dishwasher,Dryer,Refrigerator,Washer
  • Legal Lot and Block 25 / 3520

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,578

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Duplex
  • Exclusions: Dishwasher,Dryer,Refrigerator,Washer
  • Year Built: 1935
  • Attribution Contact: 718-478-4545
  • CurrentPrice: 664900.00
  • MlsMajorChangeType: Price Decrease
  • ListPrice_By_OriginalListPrice: 0.94999
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Formal Dining, Master Downstairs
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Basement: Full
  • Total Bedrooms: 5
  • Fireplace: No
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking Description: Shared Driveway

Utilities

  • Heating: Natural Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 25x100
  • Lot Size Sq Ft: 2500
  • Property Attached: Yes
  • Additional Parcels: No

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2

Tax Info

  • Tax Annual Amount: 6578.28
  • Tax Block: 3520
  • Tax Lot: 25

MLS Schools

  • Middle School District: Bronx 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2019
Closed on
Jul 15, 2020
Sold by
Us Bank Trust Na As Trustee For Ls
Bought by
Perez Anderson A
Seller's Agent
Jim Pappas
Rock Realty Inc
Buyer's Agent
Non Non Member-MLS
Non-Member MLS
List Price
$664,900
Sold Price
$664,900
Current Estimated Value
$915,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,457
Avg. Annual Appreciation
6.05%
Original Mortgage
$498,675
Outstanding Balance
$443,012
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$472,345

Purchase Details

Closed on
Feb 28, 2019
Sold by
Lesch Esq David
Bought by
U S Bank Trust N A

Purchase Details

Closed on
Jan 14, 2013
Sold by
Forbes Deborah
Bought by
Torres Luz A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$454,313
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2011
Sold by
Glendora Lee Deceased and Hubert Lee Deceased
Bought by
Forbes Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,093
Interest Rate
4.58%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Perez Anderson A $664,900 --
U S Bank Trust N A $584,275 --
Torres Luz A $465,000 --
Forbes Deborah $233,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Anderson A $498,675
Previous Owner Torres Luz A $454,313
Previous Owner Forbes Deborah $227,093
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2020 07/18/20 Sold $664,900 0.0% $216 / Sq Ft
04/21/2020 04/21/20 For Sale $664,900 0.0% $216 / Sq Ft
02/13/2020 02/13/20 Pending -- -- --
01/03/2020 01/03/20 Price Changed $664,900 -1.5% $216 / Sq Ft
11/15/2019 11/15/19 Price Changed $674,900 -2.2% $219 / Sq Ft
10/14/2019 10/14/19 Price Changed $689,900 -1.4% $224 / Sq Ft
08/21/2019 08/21/19 For Sale $699,900 -- $227 / Sq Ft
08/21/2019 08/21/19 Pending -- -- --
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
2025 $7,491 $39,532 $5,586 $33,946
2024 $7,491 $37,294 $5,707 $31,587
2023 $7,145 $35,183 $5,697 $29,486
2022 $6,626 $54,420 $8,520 $45,900
2021 $6,985 $44,160 $8,520 $35,640
2020 $6,973 $41,400 $8,520 $32,880
2019 $6,501 $35,160 $8,520 $26,640
2018 $5,977 $29,319 $7,369 $21,950
2017 $5,638 $27,660 $8,520 $19,140
2016 $5,925 $29,640 $8,520 $21,120
2015 $3,234 $28,302 $8,997 $19,305
2014 $3,234 $26,700 $9,480 $17,220
Source: Public Records

Agents Affiliated with this Home

  • Jim Pappas

    Seller's Agent in 2020

    Jim Pappas

    Rock Realty Inc

    (718) 478-4545

    114 Total Sales

    Jim Pappas
    Section Image

  • N

    Buyer's Agent in 2020

    Non Non Member-MLS

    Non-Member MLS

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Map

Source: OneKey® MLS

MLS Number: L3157999

OneKey® MLS

APN: 03520-0025

New York Bronx County Bronx 10473 Clason Point

540 Commonwealth Ave, Bronx, NY

Not Listed for Sale

MultiFamily

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