NOT LISTED FOR SALE

Estimated Value: $789,466 - $861,000

5 Beds
3 Baths
2,280 Sq Ft
$366/Sq Ft Est. Value

Last Sold March 27, 2019

Last sale price $640,000 $281 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $4,795/month

57 Days on Market

Highlights

  • Terrace
  • Building Terrace
  • 3-minute walk to Jackson Avenue

About This Home

As of March 2019

Amazing opportunity to own a two (2) family home in the heart of Mott Heaven/South Bronx. This home features an extravagant 3 bedroom 2 bath duplex apartment unit with hardwood floors all through out the house; Master Bedroom with ample closets space and washer and dryer in the unit with full access to a rear deck and backyard. Walk-in level apartment features a 2 bedrooms and one full bath apartment that can be utilized for extra income. This home was recently built in 2001 and the boiler and roof have been very well maintained throughout the years. The property is only 5 minutes away from the 2/5/6 train and less than 25 minutes from Grand Central Station NYC. Perfect investment opportunity and up to $4,800 in potential rental income for any investor. Feel free to schedule a showing today.

Co-Listed By

Rafael Silva

Douglas Elliman Real Estate License #10401278637

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2001

Lot Details

  • 2,004

Interior Spaces

  • 2,280 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Terrace

Listing and Financial Details

  • Tax Block 2623

Community Details

Overview

  • 2 Units
  • Motthaven Subdivision

Amenities

  • Building Terrace

Property Details

Home Type

Multi-Family

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Cross Street: Westchester ave
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: MOTTHAVEN
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Living Area: 2280.0
  • Living Area Units: Square Feet

Beds/Baths

  • Bathrooms Integer: 3
  • Bedrooms: 5

Exterior Features

  • Patio/Porch Features: Building Terrace, Terrace

Garage/Parking

  • Garage: No

Utilities

  • Heating: Building Natural Gas

Building Info

  • Units: 2
  • Total Stories: 3
  • Year Built: 2001

Tax Info

  • Tax Block: 2623

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2018
Closed on
Mar 26, 2019
Sold by
Castro Irene
Bought by
Leslie Wiggins
List Price
$659,000
Sold Price
$640,000
Premium/Discount to List
-$19,000
-2.88%
Current Estimated Value
$833,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,367
Avg. Annual Appreciation
3.93%
Original Mortgage
$544,000
Outstanding Balance
$478,273
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$355,094

Purchase Details

Closed on
Dec 21, 2001
Sold by
Sbc Nehemiah Housing Dev
Bought by
Castro Irene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,600
Interest Rate
6.84%
Source: Public Records
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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
Leslie Wiggins $640,000 --
Castro Irene -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leslie Wiggins $544,000
Previous Owner Castro Irene $157,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2022 04/20/22 Off Market $640,000 -- --
03/27/2019 03/27/19 Sold $640,000 -2.9% $281 / Sq Ft
02/08/2019 02/08/19 Pending -- -- --
12/12/2018 12/12/18 For Sale $659,000 -- $289 / 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
2025 $5,606 $29,584 $6,334 $23,250
2024 $5,606 $27,910 $6,402 $21,508
2023 $5,347 $26,330 $5,538 $20,792
2022 $4,959 $44,340 $10,020 $34,320
2021 $4,834 $40,380 $10,020 $30,360
2020 $4,433 $40,500 $10,020 $30,480
2019 $2,780 $34,020 $10,020 $24,000
2018 $2,893 $21,942 $6,220 $15,722
2017 $2,318 $20,700 $4,978 $15,722
2016 $2,168 $23,520 $4,978 $18,542
2015 $459 $24,180 $4,978 $19,202
2014 $459 $24,180 $4,978 $19,202
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10514345

Real Estate Board of New York (REBNY)

APN: 02623-0131