NOT LISTED FOR SALE

640 E 241st St Bronx, NY 10470

Wakefield Neighborhood

Estimated Value: $697,000 - $889,000

6 Beds
3 Baths
3,100 Sq Ft
$259/Sq Ft Est. Value

Last Sold December 03, 2020

Last sale price $725,000 $234 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,859/month

Highlights

  • Property is near public transit
  • 2-minute walk to Wakefield-241 Street
  • Window Unit Cooling System
  • Corner Lot
  • 1 Car Detached Garage
  • Park

About This Home

As of December 2020

THREE LEVEL,LEGAL SEMI DETACHED TWO FAMILY BRICK HOME ON A CORNER LOT WITH A ONE CAR GARAGE AND A DRIVEWAY WITH A BACKYARD FIRST FLOOR IS A WALK IN WITH TWO 3 BEDROOMS WITH ONE BATH THE WHOLE HOUSE WILL BE DELIVERED VACANT AT CLOSING ,2 BLOCKS FROM TRAIN STATION AND CLOSE TO THE METRO NORTH PLUS EASY ACCESS TO THE HIGHWAY ALSO CLOSE TO SHOPS GIVE ME A CALL BEFORE IS GONE

Last Agent to Sell the Property

danny lopez

Lopez Realty Team Inc License #10311207666 Listed on: 08/12/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,800

Year Built

  • Built in 1965

Lot Details

  • 1,764 Sq Ft Lot
  • No Common Walls
  • Corner Lot

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • 3,100 Sq Ft Home
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near public transit

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Assessor Parcel Number 05079-0046

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

$6,800

Year Built

Built in 1965

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: See Remarks
  • Property SubType: Multi Family
  • Year Built: 1965
  • Attribution Contact: 718-606-5158
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: See Remarks
  • Total Bedrooms: 6
  • Living Area: 3100.00
  • Square Footage: 3100.00

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Total Parking Spaces: 2.00
  • Attached Garage: No
  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Description: Detached, 1 Car Detached, Driveway

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Hot Water: Gas Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.0400
  • Lot Size Sq Ft: 1764.00
  • Lot Size Units: Acres
  • Lot Features: Corner Lot, Near Public Transit
  • Parcel Number: 05079-0046
  • Property Attached: No

Rental Info

  • Tenant Pays: Cooking Gas, Electricity

Tax Info

  • Close Date: 2020-12-03
  • Tax Annual Amount: 6800.00
  • Tax Map Number: 05079-0046

Multi Family

  • Fuel Expense: 2000.00
  • Units Total: 2
  • Three Bedrooms: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

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
Aug 12, 2020
Closed on
Dec 3, 2020
Sold by
Colon Edwin
Bought by
Bangali Basdeo and Bangali Normela
Seller's Agent
danny lopez
Lopez Realty Team Inc
List Price
$699,000
Sold Price
$725,000
Premium/Discount to List
$26,000
3.72%
Current Estimated Value
$803,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,698
Avg. Annual Appreciation
2.05%
Original Mortgage
$616,250
Outstanding Balance
$549,625
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$254,073
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bangali Basdeo $725,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bangali Basdeo $616,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2020 12/03/20 Sold $725,000 0.0% $234 / Sq Ft
09/03/2020 09/03/20 Price Changed $725,000 +3.7% $234 / Sq Ft
08/12/2020 08/12/20 For Sale $699,000 -- $225 / Sq Ft
08/12/2020 08/12/20 Pending -- -- --
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 $7,774 $38,707 $7,006 $31,701
2024 $7,774 $38,707 $6,348 $32,359
2023 $7,443 $36,648 $6,494 $30,154
2022 $7,057 $43,980 $8,580 $35,400
2021 $7,195 $40,800 $8,580 $32,220
2020 $6,828 $39,900 $8,580 $31,320
2019 $6,748 $34,860 $8,580 $26,280
2018 $6,226 $30,540 $8,580 $21,960
2017 $6,005 $29,460 $8,580 $20,880
2016 $5,696 $28,492 $8,453 $20,039
2015 $3,567 $26,880 $9,540 $17,340
2014 $3,567 $26,880 $9,540 $17,340
Source: Public Records

Agents Affiliated with this Home

  • danny lopez

    Seller's Agent in 2020

    danny lopez

    Lopez Realty Team Inc

    (718) 606-5158

    61 Total Sales

    danny lopez
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY6061920

OneKey® MLS

APN: 05079-0046

New York Bronx County Bronx 10470 Wakefield

640 E 241st St, Bronx, NY

Not Listed for Sale

MultiFamily

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