NOT LISTED FOR SALE

Estimated Value: $664,000 - $856,000

5 Beds
4 Baths
3,000 Sq Ft
$250/Sq Ft Est. Value

Last Sold April 18, 2018

Last sale price $525,000 $175 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $5,159/month

52 Days on Market

Highlights

  • Beach Front
  • Colonial Architecture
  • Main Floor Bedroom
  • New Rochelle High School Rated A-
  • Property is near public transit
  • 3-minute walk to Hudson Park

About This Home

As of April 2018

RARE Investor/Builder opportunity. TWO Separate houses, TWO separate TAX ID's. Must be sold together! Sold "AS IS". Right in the Heart of the Queen City of Water in the vibrant downtown area of New Rochelle. Beautiful tree lined street within walking distance to the train station, restaurants, shops, beaches, Marina and New Roc City. 18 Miles to NYC! Tenant notice required. The taxes are combined for both houses. Front is taxed at $10,552 and the back house is taxed $11,835 without STAR Exemption which is $1,727 per house. Large storage garage accessible by walkway is included. All offers must be in writing with pre approval or proof of funds!

Last Agent to Sell the Property

Susan Shaw

Houlihan Lawrence Inc. Brokerage Phone: 914-591-2700 License #10301201106 Listed on: 12/04/2017

Co-Listed By

Marcia Minassian

Houlihan Lawrence Inc. Brokerage Phone: 914-591-2700 License #30MI0874717

Last Buyer's Agent

Gloria Welcome

Howard Hanna Rand Realty License #40WE0837397

Howard Hanna Rand Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,387

Year Built

  • Built in 1917

Lot Details

  • 7,841 Sq Ft Lot
  • Beach Front
  • No Common Walls
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Aluminum Siding
  • Block Exterior

Interior Spaces

  • 3,000 Sq Ft Home
  • Formal Dining Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 4 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Trinity Elementary School
  • Isaac E Young Middle School
  • New Rochelle High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Oil

Additional Features

  • Porch
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 1000-000-001-00204-000-0079

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,387

Year Built

Built in 1917

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1917
  • Attribution Contact: 914-591-2700
  • Co List Office Mls Id: ONEHOULAW15
  • Co List Office Phone: 914-833-0420
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: First Floor Bedroom, Eat-in Kitchen, Formal Dining
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Basement: Full, Unfinished, Walk-Out Access
  • Total Bedrooms: 5
  • Living Area: 3000
  • SquareFootage: 3000.00
  • SquareFootageSource: Other

Exterior Features

  • Construction Materials: Block, Aluminum Siding
  • Waterfront Features: Beach Front
  • Patio and Porch Features: Porch

Garage/Parking

  • Total Parking Spaces: 3
  • Attached Garage: No
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Detached, 1 Car Detached, Driveway

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Oil, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 1

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No
  • AdditionalFeeDescription: 0

Fee Information

  • AdditionalFeesYN: 0

Schools

  • Middle School: Isaac E Young Middle School

Lot Info

  • Lot Size Acres: 0.18
  • Lot Size Area: 0.18
  • Lot Dimensions: 0.1800
  • Lot Size Sq Ft: 7841
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 1000-000-001-00204-000-0079
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 1
  • Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 22387
  • Tax Map Number: 1000-000-001-00204-000-0079
  • IncludedInTaxes: Sewer

MLS Schools

  • Elementary School: Trinity Elementary School
  • High School: New Rochelle High School
  • Middle School District: New Rochelle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2017
Closed on
Apr 16, 2018
Sold by
Peragine Joseph
Bought by
Brooks Cassell and Brooks Donna Marie
Seller's Agent
Susan Shaw
Houlihan Lawrence Inc.
Buyer's Agent
Gloria Welcome
Howard Hanna Rand Realty
List Price
$599,000
Sold Price
$525,000
Premium/Discount to List
-$74,000
-12.35%
Current Estimated Value
$748,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,690
Avg. Annual Appreciation
5.09%
Original Mortgage
$177,000
Interest Rate
4.45%
Mortgage Type
Commercial
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
Brooks Cassell $289,000 Platiron Abstract Llc
Brooks Cassell $23,600 Flatiron Abstract Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brooks Cassell $393,000
Closed Brooks Cassell $177,000
Closed Brooks Cassell $216,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2018 04/18/18 Sold $525,000 -12.4% $175 / Sq Ft
12/04/2017 12/04/17 Pending -- -- --
12/04/2017 12/04/17 For Sale $599,000 -- $200 / 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
2024 $14,465 $10,160 $1,200 $8,960
2023 $12,663 $9,950 $1,200 $8,750
2022 $13,584 $9,950 $1,200 $8,750
2021 $13,494 $9,950 $1,200 $8,750
2020 $11,262 $9,950 $1,200 $8,750
2019 $12,420 $9,950 $1,200 $8,750
2018 $10,807 $9,950 $1,200 $8,750
2017 $7,728 $9,950 $1,200 $8,750
2016 $11,515 $9,950 $1,200 $8,750
2015 -- $9,950 $1,200 $8,750
2014 -- $9,950 $1,200 $8,750
2013 -- $9,950 $1,200 $8,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4751151

OneKey® MLS

APN: 1000-000-001-00204-000-0079