Seller's Agent in 2018
Jose Flores
EXIT Realty Private Client
(917) 353-8808
1 in this area
24 Total Sales
641 Mead St Bronx, NY 10460
Van Nest NeighborhoodEstimated Value: $720,000 - $953,000
8
Beds
3
Baths
1,914
Sq Ft
$440/Sq Ft
Est. Value
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 2018Beautiful 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
EXIT Realty Private Client Brokerage Phone: 718-319-8500 License #10301219876 Listed on: 03/29/2018
Last Buyer's Agent
Non Non Member-MLS
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
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 Member-MLS
Non-Member MLS
List Price
$700,000
Sold Price
$680,000
Premium/Discount to List
-$20,000
-2.86%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,298
Avg. Annual Appreciation
2.87%
Original Mortgage
$657,305
Outstanding Balance
$564,849
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$276,449
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
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Home Values in the Area
Average Home Value in this Area
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 | $494,000 | |
| Previous Owner | Ponce Michael A | $158,700 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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
| 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 |
|---|---|---|---|---|
| 2026 | $5,952 | $29,635 | $5,561 | $24,074 |
| 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
-
N
Buyer's Agent in 2018
Non Non Member-MLS
Non-Member MLS
Map
Source: OneKey® MLS
MLS Number: KEY4812818
APN: 04027-0029
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