NOT LISTED FOR SALE

551 Ellsworth Ave Bronx, NY 10465

Throgs Neck-Edgewater Park Neighborhood

Estimated Value: $1,430,000 - $1,584,000

9 Beds
7 Baths
3,150 Sq Ft
$471/Sq Ft Est. Value

Last Sold February 08, 2024

Last sale price $1,368,000 $434 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $8,575/month

185 Days on Market

Highlights

  • Deck
  • Cathedral Ceiling
  • Formal Dining Room
  • Property is near public transit
  • Wood Flooring
  • 2-minute walk to Bicentennial Veterans Memorial Park

About This Home

As of February 2024

End your search today with this end unit, all brick, semi-attached, three-family built in 2001 with tremendous income opportunity! Don't let this one get away; you will definitely regret it! This property boasts 3 apartments and a bonus full finished basement unit with a separate entrance to yard, laundry, kitchen, family room, office/den, bedroom and bathroom. The 1st floor unit boasts a foyer, kitchen, living room, formal dining room, bathroom and 2 bedrooms. The 2nd floor unit boasts a kitchen, living room, formal dining room, primary bedroom with en-suite bath, 2 additional bedrooms and a bath plus balcony. The 3rd unit has a kitchen, living room, skylight w/cathedral ceiling, formal dining room, bathroom, primary bedroom with en-suite bath and 2 additional bedrooms, balcony and attic for storage. Some amenities include skylight, intercoms, fire sprinkler system and shed. Location convenient to bus, shops, school and restaurants.

Last Agent to Sell the Property

Jacqueline Morales

Christie's Int. Real Estate Brokerage Phone: (845) 512-5112 License #40GA1181686 Listed on: 05/18/2023

Last Buyer's Agent

Non Non Member-MLS

Non-Member MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,346

Year Built

  • Built in 2001

Lot Details

  • 3,306 Sq Ft Lot
  • Two or More Common Walls
  • Fenced
  • Level Lot

Parking

  • Driveway

Home Design

  • Tri-Level Property
  • Brick Exterior Construction

Interior Spaces

  • 3,150 Sq Ft Home
  • Cathedral Ceiling
  • Skylights
  • Entrance Foyer
  • Formal Dining Room
  • Storage
  • Wood Flooring
  • Finished Basement
  • Walk-Out Basement
  • Fire Sprinkler System

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Full Bathrooms

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Porch

Location

  • Property is near public transit

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 05487-0074

Community Details

Overview

  • 4 Units

Recreation

  • Park

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,346

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Tri-Level
  • Property SubType: Multi Family
  • Year Built: 2001
  • Attribution Contact: (845) 512-5112
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cathedral Ceiling(s), Formal Dining, Entrance Foyer, Master Bath, Storage
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 7
  • Basement: Finished, Walk-Out Access
  • Total Bedrooms: 9
  • Living Area: 3150
  • Window Features: Skylight(s)
  • Owner Pays: Insurance
  • SquareFootage: 3150.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Brick
  • Fencing: Fenced
  • Exterior Features: Balcony
  • Patio and Porch Features: Deck, Patio, Porch

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Security: Fire Splinkler System
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 4

Association/Amenities

  • Community Features: Trash Collection, Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.08
  • Lot Size Sq Ft: 3306
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 05487-0074
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Units Total: 4
  • Separate Electric Meters: 4
  • Separate Gas Meters: 4
  • NumberOf1Bedrooms: 1
  • NumberOf2Bedrooms: 1
  • NumberOf3Bedrooms: 2

Tax Info

  • Tax Annual Amount: 9346
  • Tax Map Number: 05487-0074
  • 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
May 18, 2023
Closed on
Feb 7, 2024
Sold by
Tjm Ellsworth Llc
Bought by
551 Ellsworth Reality Corp
Seller's Agent
Jacqueline Morales
Christie's Int. Real Estate
Buyer's Agent
Non Non Member-MLS
Non-Member MLS
List Price
$1,400,000
Sold Price
$1,368,000
Premium/Discount to List
-$32,000
-2.29%
Views
263
Current Estimated Value
$1,482,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,108
Avg. Annual Appreciation
4.77%
Original Mortgage
$957,600
Outstanding Balance
$939,770
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$542,338

Purchase Details

Listed on
Oct 14, 2021
Closed on
Feb 14, 2022
Sold by
Gjonbalaj Sali
Bought by
Tjm Ellsworth Llc
Seller's Agent
Diane Capone
Berkshire Hathaway HS NY Prop
List Price
$1,499,000
Sold Price
$1,551,000
Premium/Discount to List
$52,000
3.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.14%
Original Mortgage
$1,110,000
Interest Rate
3.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 22, 2001
Sold by
Fumai Saverio
Bought by
Fumai Saverio and Fumai John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,362
Interest Rate
7.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2001
Sold by
Gorm Ent Ltd
Bought by
Fumai Saverio and Fumai John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,362
Interest Rate
7.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 2000
Sold by
Gorm Ent Ltd
Bought by
Gjonbalaj Sali

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,000
Interest Rate
7.39%
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
551 Ellsworth Reality Corp $1,368,000 --
551 Ellsworth Reality Corp $1,368,000 --
Tjm Ellsworth Llc $1,551,000 --
Tjm Ellsworth Llc $1,551,000 --
Fumai Saverio -- --
Fumai Saverio -- --
Fumai Saverio -- --
Fumai Saverio -- --
Gjonbalaj Sali $449,000 First American Title Ins Co
Gjonbalaj Sali $449,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 551 Ellsworth Reality Corp $957,600
Closed 551 Ellsworth Reality Corp $957,600
Previous Owner Tjm Ellsworth Llc $1,110,000
Previous Owner Fumai Saverio $3,362
Previous Owner Fumai Saverio $3,362
Previous Owner Gjonbalaj Sali $319,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/08/2024 02/08/24 Sold $1,368,000 -2.3% $434 / Sq Ft
11/22/2023 11/22/23 Off Market $1,400,000 -- --
11/20/2023 11/20/23 Pending -- -- --
11/17/2023 11/17/23 For Sale $1,400,000 0.0% $444 / Sq Ft
11/17/2023 11/17/23 Off Market $1,400,000 -- --
11/16/2023 11/16/23 For Sale $1,400,000 0.0% $444 / Sq Ft
11/16/2023 11/16/23 Off Market $1,400,000 -- --
11/07/2023 11/07/23 Price Changed $1,400,000 0.0% $444 / Sq Ft
11/07/2023 11/07/23 For Sale $1,400,000 +2.3% $444 / Sq Ft
11/02/2023 11/02/23 Off Market $1,368,000 -- --
09/19/2023 09/19/23 Price Changed $1,350,000 -10.0% $429 / Sq Ft
05/18/2023 05/18/23 For Sale $1,500,000 -3.3% $476 / Sq Ft
02/15/2022 02/15/22 Sold $1,551,000 +3.5% $492 / Sq Ft View Prior Sale
11/05/2021 11/05/21 Pending -- -- --
10/14/2021 10/14/21 For Sale $1,499,000 -- $476 / 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
2025 $9,798 $51,708 $7,552 $44,156
2024 $9,798 $48,781 $8,193 $40,588
2023 $9,346 $46,020 $8,878 $37,142
2022 $8,667 $56,520 $11,760 $44,760
2021 $8,834 $48,120 $11,760 $36,360
2020 $8,825 $49,380 $11,760 $37,620
2019 $8,211 $44,220 $11,760 $32,460
2018 $7,520 $38,350 $9,787 $28,563
2017 $7,076 $36,180 $11,760 $24,420
2016 $6,995 $36,540 $11,760 $24,780
2015 $1,780 $40,320 $13,080 $27,240
2014 $1,780 $39,480 $13,080 $26,400
Source: Public Records

Agents Affiliated with this Home

  • Jacqueline Morales

    Seller's Agent in 2024

    Jacqueline Morales

    Christie's Int. Real Estate

    (917) 509-7107

    4 in this area

    106 Total Sales

    Jacqueline Morales
    Section Image

  • N

    Buyer's Agent in 2024

    Non Non Member-MLS

    Non-Member MLS

  • Diane Capone

    Seller's Agent in 2022

    Diane Capone

    Berkshire Hathaway Home Services

    (914) 310-8365

    55 in this area

    80 Total Sales

    Diane Capone
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY6246254

OneKey® MLS

APN: 05487-0074

New York Bronx County Bronx 10465 Throgs Neck-Edgewater Park

551 Ellsworth Ave, Bronx, NY

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