NOT LISTED FOR SALE

624 Mead St Bronx, NY 10460

Van Nest Neighborhood

Estimated Value: $802,152 - $1,131,000

6 Beds
2 Baths
2,048 Sq Ft
$456/Sq Ft Est. Value

Last Sold October 25, 2019

Last sale price $650,000 $317 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $5,460/month

245 Days on Market

About This Home

As of October 2019

HUGE BRICK DETACHED 2 FAMILY WITH 3 SEPARATE BOILERS !!!!!!
Building dimension 20 x 50 . R5 zoning. 3 bedroom 1 bath over 3 bedroom 1 bath over finished basement . Each tenant pays their own heat and hot water . Located within 5 minute walk to highly anticipated METRO NORTH. (Parkchester/Van Nest).

Last Agent to Sell the Property

Agustin Cintron

Keller Williams Realty NYC Grp License #10401259028 Listed on: 11/22/2018

Keller Williams Realty NYC Grp

Last Buyer's Agent

Louis Marquis

K. Fortuna Realty, Inc. License #10401289530

K. Fortuna Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,100

Year Built

  • Built in 1915

Lot Details

  • 2,483

Home Design

  • Duplex
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House

Schools

  • Contact Agent Elementary And Middle School
  • Contact Agent High School

Utilities

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

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 04026-0011

Community Details

Overview

  • 2 Units

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,100

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Year Built: 1915
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Water Heater
  • Full Bathrooms: 2
  • Basement: Full
  • Total Bedrooms: 6
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Parking Description: None

Utilities

  • Cooling: None
  • Heating: Baseboard, Natural Gas
  • Sewer: Public Sewer
  • Utilities: Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • Annual Water Sewer Expense: 1900

Schools

  • Middle School: Contact Agent

Lot Info

  • Building Area Total: 2048
  • Parcel Number: 04026-0011
  • Property Attached: No

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 4
  • Separate Gas Meters: 3
  • Insurance Expense: 2500

Tax Info

  • Tax Annual Amount: 5100
  • Tax Year: 2017

MLS Schools

  • Elementary School: Contact Agent
  • High School: Contact Agent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2018
Closed on
Oct 25, 2019
Sold by
Ena I Edwards Living Trust and %
Bought by
Budhu Gowkarran
Seller's Agent
Agustin Cintron
Keller Williams Realty NYC Grp
Buyer's Agent
Louis Marquis
K. Fortuna Realty, Inc.
List Price
$699,999
Sold Price
$650,000
Premium/Discount to List
-$49,999
-7.14%
Total Days on Market
245
Current Estimated Value
$894,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,055
Avg. Annual Appreciation
6.59%
Original Mortgage
$464,100
Outstanding Balance
$411,707
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$528,676

Purchase Details

Closed on
Aug 9, 2000
Sold by
Edwards Ena I
Bought by
Edwards Ena I and Ena I Edwards Living Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Budhu Gowkarran $650,000 --
Budhu Gowkarran $650,000 --
Edwards Ena I -- --
Edwards Ena I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Budhu Gowkarran $464,100
Closed Budhu Gowkarran $464,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2024 12/11/24 Off Market $650,000 -- --
10/25/2019 10/25/19 Sold $650,000 -7.1% $317 / Sq Ft
11/22/2018 11/22/18 Pending -- -- --
11/22/2018 11/22/18 For Sale $699,999 -- $342 / 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 $6,775 $35,758 $4,949 $30,809
2024 $6,775 $33,734 $5,295 $28,439
2023 $6,463 $31,825 $5,246 $26,579
2022 $5,994 $46,620 $9,060 $37,560
2021 $6,319 $39,120 $9,060 $30,060
2020 $6,308 $34,500 $9,060 $25,440
2019 $5,881 $34,500 $9,060 $25,440
2018 $5,406 $26,521 $6,799 $19,722
2017 $5,100 $25,020 $9,060 $15,960
2016 $5,140 $25,712 $8,925 $16,787
2015 $2,926 $25,516 $9,568 $15,948
2014 $2,926 $24,073 $9,027 $15,046
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Agustin Cintron

    Keller Williams Realty NYC Grp

    (347) 542-1502

    40 Total Sales

    Section Image
  • Louis Marquis

    Buyer's Agent in 2019

    Louis Marquis

    K. Fortuna Realty, Inc.

    (914) 500-9103

    33 Total Sales

    Section Image
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Map

Source: OneKey® MLS

MLS Number: H4853343

OneKey® MLS

APN: 04026-0011

New York Bronx County Bronx 10460 Van Nest

624 Mead St, Bronx, NY

This home is located at 624 Mead St, Bronx, NY 10460 since 22 November 2018 and is currently estimated at $933,788, approximately $455 per square foot. This property was built in 1915. 624 Mead St is a home located in Bronx County with nearby schools including P.S. 083 The Donald Hertz School, Bronx Excellence 2, and Bronx Charter School For Excellence 2.

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