K
Seller's Agent in 2025
Kamla Jaikaran
NY Home Ventures
(516) 619-6454
1 in this area
14 Total Sales
641 S 5th Ave Mount Vernon, NY 10550
Estimated Value: $428,000 - $691,000
4
Beds
2
Baths
--
Sq Ft
4,792
Sq Ft Lot
Highlights
- Colonial Architecture
- Attached Garage
- Park
- Property is near public transit, schools, and shops
About This Home
As of January 2025Another price reduction! Looking for a great opportunity? Look no more! This property has tons of potential and is average in living space size for the neighborhood. It is located close to main roads with easy access to local amenities, such as shopping, banking, schools, and various eateries. *** Seller makes no guarantees about property's condition, room count or other physical characteristics ***Sold as is, buyer must complete their own due diligence and check with city and tax records to determine all details on this unit prior to submitting a bid offer online. This is an AS-IS REO property. Online auction all offers must be submitted online. Buyer pays premium at closing. Subject is located close to all, shopping, restaurants, buses and much more.
Last Agent to Sell the Property
NY Home Ventures Brokerage Phone: 516-619-6454 License #10491208862 Listed on: 08/14/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,893
Year Built
- Built in 1920
Lot Details
- 4,792
Parking
- Attached Garage
Home Design
- Duplex
- Colonial Architecture
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Schools
- Benjamin Turner Middle School
- Nelson R Mandela/Dr Hosea Zollicoff High School
Additional Features
- 4,792 Sq Ft Lot
- Property is near public transit, schools, and shops
- No Cooling
Listing and Financial Details
- Tenant pays for electricity
- Legal Lot and Block 10 / 3093
- Assessor Parcel Number 0800-169-055-03093-000-0010
Community Details
Overview
- 2 Units
Recreation
- Park
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 14, 2024
Closed on
Jan 10, 2025
Sold by
Indymac Mortgage Loan Trust and Deutsche Bank National Trust Company
Bought by
641 South Fifth Avenue Llc
Seller's Agent
Kamla Jaikaran
NY Home Ventures
Buyer's Agent
Edward Candan
Edward Candan
List Price
$524,700
Sold Price
$404,762
Premium/Discount to List
-$119,938
-22.86%
Views
3
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
$157,100
Avg. Annual Appreciation
37.49%
Purchase Details
Closed on
Jun 19, 2024
Sold by
Raniolo John
Bought by
Indymac Mortgage Loan Trust and Deutsche Bank National Trust
Purchase Details
Closed on
Mar 28, 2006
Sold by
Davidson Clair
Bought by
Briscoe Patrick
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 641 South Fifth Avenue Llc | $407,856 | Record & Return Title | |
| Indymac Mortgage Loan Trust | $1,057,649 | None Listed On Document | |
| Briscoe Patrick | $470,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Briscoe Patrick | $376,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/10/2025 01/10/25 | Sold | $404,762 | -22.9% | -- |
| 12/03/2024 12/03/24 | Pending | -- | -- | -- |
| 08/14/2024 08/14/24 | For Sale | $524,700 | -- | -- |
Source: OneKey® MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $18,480 | $11,200 | $2,500 | $8,700 |
| 2023 | $14,380 | $11,200 | $2,500 | $8,700 |
| 2022 | $17,659 | $11,200 | $2,500 | $8,700 |
| 2021 | $17,341 | $11,200 | $2,500 | $8,700 |
| 2020 | $16,803 | $11,200 | $2,500 | $8,700 |
| 2019 | $16,595 | $11,200 | $2,500 | $8,700 |
| 2018 | $0 | $11,200 | $2,500 | $8,700 |
| 2017 | $0 | $11,200 | $2,500 | $8,700 |
| 2016 | $15,952 | $11,200 | $2,500 | $8,700 |
| 2015 | -- | $11,200 | $2,500 | $8,700 |
| 2014 | -- | $11,200 | $2,500 | $8,700 |
| 2013 | -- | $11,200 | $2,500 | $8,700 |
Source: Public Records
Agents Affiliated with this Home
-
Kamla Jaikaran
-
Edward Candan
E
Buyer's Agent in 2025
Edward Candan
Edward Candan
1 in this area
2 Total Sales
Map
Source: OneKey® MLS
MLS Number: L3572786
APN: 0800-169-055-03093-000-0010
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Copyright 2025 OneKey® MLS. All rights reserved.
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