NOT LISTED FOR SALE

585 van Nest Ave Bronx, NY 10460

Van Nest Neighborhood

Estimated Value: $879,636 - $988,000

8 Beds
3 Baths
3,180 Sq Ft
$294/Sq Ft Est. Value

Last Sold July 15, 2022

Last sale price $849,000 $267 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,545/month

29 Days on Market

About This Home

As of July 2022

Welcome to 585 Van Nest Ave. This newly updated legal 2-family is the perfect income producing property for any save or first time home owner. This property features two 3-bedroom, 1-bathroom apartments. And located on the ground is an additional 2-bedroom, 1 bathroom apartment. Starting in the ground floor we light grey waterproof tiles installed throughout. The bathroom features a double sized stand up shower with subway tile throughout. Bathroom features a modern glass shower door and vanity. Moving onward, your met with the newly installed kitchen with granite countertops and a mosaic backsplash. Kitchen features stainless steel appliances through out. Each bedroom is generously sized and each features a double wide closet with a mirror sliding door. First floor apartment features a large 3-bedroom, 1-bedroom with access to the back patio. Second floor features another 3-bedroom, 1 bathroom apartment with access to the back balcony. Inquire now. BuildingAreaSource: Public Records,

Last Agent to Sell the Property

Joseph Armato

Global Realty Development LLC Brokerage Phone: 914-960-4577 License #10491207909 Listed on: 05/03/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,673

Year Built

  • Built in 1901 | Remodeled in 2022

Lot Details

  • 2,396

Home Design

  • Duplex

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 2-04021-0032

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,673

Year Built

Built in 1901 | Remodeled in 2022

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Duplex
  • Property SubType: Multi Family
  • Year Built: 1901
  • Year Built Effective: 2022
  • Attribution Contact: 914-960-4577
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Year Renovated: 2022

Interior Features

  • Living Area Units: Square Feet
  • Full Bathrooms: 3
  • Basement: None
  • Total Bedrooms: 8
  • SquareFootageSource: Municipality

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Parcel Number: 2-04021-0032

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 5673
  • Tax Map Number: 2-04021-0032

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 3, 2022
Closed on
Jul 15, 2022
Sold by
Singh Simon
Bought by
Begom Khadeja
Seller's Agent
Joseph Armato
Global Realty Development LLC
List Price
$899,000
Sold Price
$849,000
Premium/Discount to List
-$50,000
-5.56%
Current Estimated Value
$935,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,409
Avg. Annual Appreciation
1.27%
Original Mortgage
$833,622
Outstanding Balance
$798,530
Interest Rate
5.23%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$85,318

Purchase Details

Closed on
Jan 18, 2013
Sold by
Neda Assets Inc
Bought by
Singh Simon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,116
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2011
Sold by
Mena Samuel Luis and Morales Anna Lydia
Bought by
Neda Assets Inc

Purchase Details

Closed on
Oct 16, 1995
Sold by
Ortiz Marcellino
Bought by
Morales Anna Lydia and Mena Samuel Luis
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
Begom Khadeja $849,000 --
Singh Simon $463,512 --
Neda Assets Inc $265,000 --
Morales Anna Lydia -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Begom Khadeja $833,622
Previous Owner Singh Simon $455,116
Previous Owner Morales Anna Lydia $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2022 08/25/22 Off Market $849,000 -- --
07/15/2022 07/15/22 Sold $849,000 0.0% $267 / Sq Ft
06/01/2022 06/01/22 Pending -- -- --
05/14/2022 05/14/22 Price Changed $849,000 -5.6% $267 / Sq Ft
05/03/2022 05/03/22 For Sale $899,000 -- $283 / 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 $6,738 $35,558 $5,711 $29,847
2024 $6,738 $33,546 $5,424 $28,122
2023 $6,428 $31,649 $5,615 $26,034
2022 $5,674 $42,000 $8,760 $33,240
2021 $5,981 $42,180 $8,760 $33,420
2020 $5,976 $42,300 $8,760 $33,540
2019 $5,555 $39,960 $8,760 $31,200
2018 $5,079 $26,374 $6,732 $19,642
2017 $4,773 $24,883 $5,985 $18,898
2016 $4,664 $24,883 $7,369 $17,514
2015 $2,611 $24,693 $9,010 $15,683
2014 $2,611 $23,296 $8,368 $14,928
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Joseph Armato

    Global Realty Development LLC

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Map

Source: OneKey® MLS

MLS Number: KEY6182971

OneKey® MLS

APN: 04021-0032

New York Bronx County Bronx 10460 Van Nest

585 van Nest Ave, Bronx, NY

This home is located at 585 van Nest Ave, Bronx, NY 10460 since 03 May 2022 and is currently estimated at $935,409, approximately $294 per square foot. This property was built in 1901. 585 van Nest Ave is a home located in Bronx County with nearby schools including P.S. 105 Senator Abraham Bernstein, Bronx Green Middle School, and Pelham Academy.

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