NOT LISTED FOR SALE

5714 Faraday Ave Bronx, NY 10471

Estimated Value: $1,114,000 - $1,401,000

6 Beds
3 Baths
2,396 Sq Ft
$535/Sq Ft Est. Value

Last Sold May 31, 2018

Last sale price $875,000 $365 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $8,224/month

77 Days on Market

About This Home

As of May 2018

Super-sized brick home in North Riverdale. Move-in ready. Generous room throughout. Kitchen, formal dining room, living room, family room, full bath on main level. Four bedrooms and one full bath on the second level. Two bedrooms and a playroom on the 3rd level. Finished basement has a full bath. Huge deck. Private driveway with parking for 4 cars. Near Mosholu Avenue shops and restaurants. Close to bus transportation, Metro North RailLink, parks, schools, and more.

Last Listed By

Lee Moskof

Brown Harris Stevens Riverdale LLC License #30MO0974511 Listed on: 02/12/2018

Brown Harris Stevens Riverdale LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,422

Year Built

  • 1950

Lot Details

  • 10,019

Home Design

  • 2,396 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Community Details

  • Riverdale Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,422

Year Built

1950

Lot Details

0

Listing Details

  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Riverdale
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Living Area: 2396.0
  • Living Area Units: Square Feet
  • Rooms (Total): 10

Beds/Baths

  • Bathrooms Integer: 3
  • Bedrooms: 6

Building Info

  • Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2018
Closed on
May 31, 2018
Sold by
Seo Kwang Hoon and Shin Chun Hwa
Bought by
Gaudio Franca and Turrini Emiliano
Seller's Agent
Lee Moskof
Brown Harris Stevens Riverdale LLC
List Price
$895,000
Sold Price
$875,000
Premium/Discount to List
-$20,000
-2.23%
Total Days on Market
77
Current Estimated Value
$1,280,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$405,698
Avg. Annual Appreciation
5.24%
Original Mortgage
$475,000
Outstanding Balance
$416,769
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$834,387

Purchase Details

Closed on
Feb 4, 2014
Sold by
Corless Marie and Walsh Joseph
Bought by
Seo Kwang Hoon and Shin Chun Hwa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,000
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2002
Sold by
Heavy Catherine V
Bought by
Corless Marie and Walsh Joseph

Purchase Details

Closed on
May 24, 2000
Sold by
Heavey Catherine V
Bought by
Heavey Catherine and Catherine V Heavey Living Trust
Source: Public Records

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Range of Values:

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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
Gaudio Franca $875,000 --
Gaudio Franca $875,000 --
Seo Kwang Hoon $730,000 --
Seo Kwang Hoon $730,000 --
Corless Marie $475,000 --
Corless Marie $475,000 --
Heavey Catherine -- --
Heavey Catherine V -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaudio Franca $12,041
Open Gaudio Franca $475,000
Closed Gaudio Franca $475,000
Previous Owner Seo Kwang Hoon $584,000
Previous Owner Corless Marie $112,000
Previous Owner Corless Marie $535,000
Previous Owner Corless Marie $107,000
Previous Owner Corless Marie $31,499
Previous Owner Corless Marie $500,000
Closed Corless Marie $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2018 05/31/18 Sold $875,000 -2.2% $365 / Sq Ft
05/01/2018 05/01/18 Pending -- -- --
02/12/2018 02/12/18 For Sale $895,000 -- $374 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $12,422 $63,245 $9,724 $53,521
2023 $12,503 $62,964 $10,342 $52,622
2022 $11,571 $95,580 $16,320 $79,260
2021 $11,683 $77,580 $16,320 $61,260
2020 $11,363 $85,680 $16,320 $69,360
2019 $10,732 $88,320 $16,320 $72,000
2018 $10,398 $52,470 $13,154 $39,316
2017 $9,791 $49,500 $16,320 $33,180
2016 $9,178 $47,460 $16,320 $31,140
2015 $5,746 $45,900 $18,120 $27,780
2014 $5,746 $43,920 $18,120 $25,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10030125

Real Estate Board of New York (REBNY)

APN: 05854-2173