NOT LISTED FOR SALE

641 Mead St Bronx, NY 10460

Van Nest Neighborhood

Estimated Value: $738,473 - $963,000

8 Beds
3 Baths
1,914 Sq Ft
$449/Sq Ft Est. Value

Last Sold October 18, 2018

Last sale price $680,000 $355 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,126/month

131 Days on Market

Highlights

  • 0.06 Acre Lot
  • Window Unit Cooling System
  • 1-minute walk to Van Nest Park
  • Colonial Architecture
  • Baseboard Heating

About This Home

As of October 2018

Beautiful Legal two family house with large finished basement (walk out) ideal mother and daughter setup. House has large back deck from owners apartment that leads to large backyard to entertain family and friends. Great income property with additional units for rental .Very quiet residential area with the soon to be MorrisPark Metro north station for fast commute to NYC. The property has two boilers the additional rental unit pays for their own heat. Close to all shopping and transportation.

Last Agent to Sell the Property

Jose Flores

EXIT Realty Private Client Brokerage Phone: 718-319-8500 License #10301219876 Listed on: 03/29/2018

EXIT Realty Private Client

Last Buyer's Agent

Non Non OneKey Agent

Non-Member MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,114

Year Built

  • Built in 1925

Lot Details

  • 2,500 Sq Ft Lot
  • No Common Walls

Home Design

  • 1,914 Sq Ft Home
  • Colonial Architecture
  • Vinyl Siding
  • Stucco

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Finished Basement

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

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, gas, heat
  • Assessor Parcel Number 04027-0029

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,114

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1925
  • Attribution Contact: 718-319-8500
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 8
  • Living Area: 1914
  • SquareFootage: 1914.00
  • SquareFootageSource: Other

Exterior Features

  • Construction Materials: Stucco, Vinyl Siding

Garage/Parking

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

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 2

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Dimensions: 0.0574
  • Lot Size Sq Ft: 2500
  • Lot Size Units: Acres
  • Parcel Number: 04027-0029
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Heat

Multi Family

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

Tax Info

  • Tax Annual Amount: 4114
  • Tax Map Number: 04027-0029

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
Mar 29, 2018
Closed on
Oct 17, 2018
Sold by
Flores Jose and Granda Lucia M
Bought by
Islam Mohammad A and Khanam Masuma
Seller's Agent
Jose Flores
EXIT Realty Private Client
Buyer's Agent
Non Non OneKey Agent
Non-Member MLS
List Price
$700,000
Sold Price
$680,000
Premium/Discount to List
-$20,000
-2.86%
Current Estimated Value
$846,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,357
Avg. Annual Appreciation
2.94%
Original Mortgage
$657,305
Outstanding Balance
$577,889
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$250,643

Purchase Details

Closed on
Aug 7, 2006
Sold by
Ponce Damaris
Bought by
Flores Jose J and Granda Lucia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$494,000
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 4, 2002
Sold by
Ponce Michael A and Feliciano Ana H
Bought by
Ponce Damaris

Purchase Details

Closed on
Mar 24, 1995
Sold by
First Home Brokerage Corp
Bought by
Ponce Michael A and Feliciano Ana H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,700
Interest Rate
8.49%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 31, 1995
Sold by
Np Funding Ii Lp
Bought by
First Home Brokerage Corp and Daroma Capital Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,700
Interest Rate
8.49%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 14, 1985
Sold by
Lorenzo Victor and Diaz Yselsa A
Bought by
Diaz Yselsa A
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
Islam Mohammad A $680,000 --
Flores Jose J $520,000 --
Ponce Damaris -- --
Ponce Michael A $165,000 --
First Home Brokerage Corp $100,000 --
Diaz Yselsa A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Islam Mohammad A $657,305
Previous Owner Flores Jose J $6,151
Previous Owner Flores Jose $43,250
Previous Owner Flores Jose J $494,000
Previous Owner Ponce Damaris $262,000
Previous Owner Ponce Michael A $158,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2018 10/18/18 Sold $680,000 -2.9% $355 / Sq Ft
03/29/2018 03/29/18 Pending -- -- --
03/29/2018 03/29/18 For Sale $700,000 -- $366 / 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 $5,907 $29,635 $5,604 $24,031
2024 $5,907 $29,411 $6,630 $22,781
2023 $5,635 $27,746 $5,889 $21,857
2022 $5,226 $35,400 $8,940 $26,460
2021 $5,197 $37,140 $8,940 $28,200
2020 $5,227 $36,900 $8,940 $27,960
2019 $5,127 $30,660 $8,940 $21,720
2018 $4,713 $23,122 $6,795 $16,327
2017 $4,447 $21,814 $8,291 $13,523
2016 $4,114 $20,580 $8,940 $11,640
2015 $2,441 $23,210 $9,656 $13,554
2014 $2,441 $21,897 $9,110 $12,787
Source: Public Records

Agents Affiliated with this Home

  • Jose Flores

    Seller's Agent in 2018

    Jose Flores

    EXIT Realty Private Client

    (917) 353-8808

    1 in this area

    25 Total Sales

    Section Image

  • N

    Buyer's Agent in 2018

    Non Non OneKey Agent

    Non-Member MLS

See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY4812818

OneKey® MLS

APN: 04027-0029

New York Bronx County Bronx 10460 Van Nest

641 Mead St, Bronx, NY

This home is located at 641 Mead St, Bronx, NY 10460 since 29 March 2018 and is currently estimated at $860,118, approximately $449 per square foot. This property was built in 1925. 641 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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