NOT LISTED FOR SALE

Estimated Value: $832,370 - $1,328,000

-- Bed
-- Bath
3,360 Sq Ft
$292/Sq Ft Est. Value

Last Sold February 25, 2014

Last sale price $370,000 $110 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $5,595/month

222 Days on Market

Highlights

  • 0.06 Acre Lot
  • 2-minute walk to 174-175 Streets
  • Park
  • Contemporary Architecture
  • Property is near public transit

About This Home

As of February 2014

Well kept Brick 2 family home for sale in the Melrose section of the Bronx. 1st Fl Layout consists of a 4BR + living room + kitchen + dining area + full bath. 2nd floor layout is a 3BR + living room + kitchen + dining area + full bath. This home also features a finished basement along with a driveway for parking in the back. Call today for a viewing!!!

Last Agent to Sell the Property

Demola Bamgbose

New Empire Real Estate Group Brokerage Phone: 718-798-1200 License #40BA1099175 Listed on: 05/22/2012

Last Buyer's Agent

Kresta Maye

New Empire Real Estate Group License #40MA1139203

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,001

Year Built

  • Built in 1920

Lot Details

  • 2,613 Sq Ft Lot
  • Two or More Common Walls

Parking

  • Driveway

Home Design

  • 3,360 Sq Ft Home
  • Contemporary Architecture
  • Brick Exterior Construction

Location

  • Property is near public transit

Utilities

  • Heating System Uses Oil
  • Radiant Heating System

Additional Features

  • Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 02849-0082

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,001

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Contemporary
  • Property SubType: Multi Family
  • Year Built: 1920
  • Attribution Contact: 718-798-1200
  • Village: Bronx
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Basement: Finished
  • Living Area: 3360
  • SquareFootage: 3360.00

Exterior Features

  • Construction Materials: Brick

Garage/Parking

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

Utilities

  • Heating: Oil, Radiant
  • Sewer: Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdditionalFeesYN: 0

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Dimensions: 0.0600
  • Lot Size Sq Ft: 2613
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 02849-0082
  • Zoning Description: R8
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf3Bedrooms: 1
  • NumberOf4Bedrooms: 1

Tax Info

  • Tax Annual Amount: 2001
  • Tax Map Number: 02849-0082

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 22, 2012
Closed on
Feb 25, 2014
Sold by
Etuk Charles
Bought by
Sheriff Fanta F and Sheriff Mohamed S
Seller's Agent
Demola Bamgbose
New Empire Real Estate Group
Buyer's Agent
Kresta Maye
New Empire Real Estate Group
List Price
$449,000
Sold Price
$370,000
Premium/Discount to List
-$79,000
-17.59%
Current Estimated Value
$981,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$611,093
Avg. Annual Appreciation
8.49%
Original Mortgage
$362,408
Outstanding Balance
$276,895
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$671,888

Purchase Details

Closed on
Nov 29, 2001
Sold by
Nesbitt Violet
Bought by
Etuk Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
6.72%
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
Sheriff Fanta F $370,000 --
Etuk Charles -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheriff Fanta $14,222
Open Sheriff Fanta F $362,408
Previous Owner Etuk Charles F $440,669
Previous Owner Etuk Charles $162,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2014 02/25/14 Sold $370,000 -17.6% $110 / Sq Ft
12/31/2012 12/31/12 Pending -- -- --
05/22/2012 05/22/12 For Sale $449,000 -- $134 / 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 $3,497 $18,988 $3,194 $15,794
2024 $3,497 $18,810 $3,641 $15,169
2023 $3,325 $17,770 $3,388 $14,382
2022 $3,060 $43,080 $9,780 $33,300
2021 $3,029 $34,980 $9,780 $25,200
2020 $3,053 $38,640 $9,780 $28,860
2019 $2,986 $39,840 $9,780 $30,060
2018 $2,721 $14,808 $4,154 $10,654
2017 $2,548 $13,971 $3,940 $10,031
2016 $2,328 $13,194 $4,547 $8,647
2015 $1,590 $13,186 $4,707 $8,479
2014 $1,590 $13,063 $4,430 $8,633
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEYH3216691

OneKey® MLS

APN: 02849-0082