NOT LISTED FOR SALE

641 S 8th Ave Mount Vernon, NY 10550

Estimated Value: $570,586 - $747,000

2 Beds
1 Bath
1,700 Sq Ft
$381/Sq Ft Est. Value

Last Sold January 20, 2021

Last sale price $430,000 $253 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $4,828/month

Highlights

  • Property is near public transit
  • Park
  • Baseboard Heating

About This Home

As of May 2021

Beautiful and sunny top floor apartment of a two-family home in the Kingsbridge section of Mount Vernon. Two spacious bedrooms, one bathroom, kitchen and living room that leads to a balcony. Tenant required to pay first-month rent, one-month security, and a fee of $2,000 to be split between agents.

Last Agent to Rent the Property

Latoya Hall

YourHomeSold Guaranteed Realty License #10401288042 Listed on: 02/22/2021

YourHomeSold Guaranteed Realty

Last Renter's Agent

Latoya Hall

YourHomeSold Guaranteed Realty License #10401288042 Listed on: 02/22/2021

YourHomeSold Guaranteed Realty

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1940

Lot Details

  • 2,487 Sq Ft Lot
  • Back Yard Fenced

Parking

  • On-Street Parking

Home Design

  • 1,700 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Cecil H Parker Elementary School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Oven
  • Property is near public transit
  • Finished Basement

Community Details

Recreation

  • Park

Pet Policy

  • Pets Allowed

Property Details

Home Type

Apartment

Year Built

Built in 1940

Lot Details

0

Rental Info

  • Legal Rental: Yes
  • Pets Allowed: Yes

Listing Details

  • Property Type: Residential Lease
  • Architectural Style: Apartment, See Remarks
  • Property SubType: Apartment
  • Year Built: 1940
  • Attribution Contact: 718-324-6060
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven, Refrigerator
  • Living Area Units: Square Feet
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Basement: Finished
  • Inclusions: Chandelier(s), Refrigerator
  • Total Bedrooms: 2
  • Living Area: 1700.00
  • Square Footage: 1700.00

Exterior Features

  • Fencing: Back Yard

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: On Street

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Other, Baseboard
  • Hot Water: Electric Stand Alone
  • 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: 0.0600
  • Lot Size Sq Ft: 2487.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit

Tax Info

  • Close Date: 2021-05-01

MLS Schools

  • Elementary School: Cecil H Parker School
  • High School: Call Listing Agent
  • Middle School District: Mount Vernon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2020
Closed on
Jan 30, 2021
Sold by
Campbell Claudine and Harris Andre
Bought by
Tomlin Nadia
Seller's Agent
Kimberly Caceres
Ortiz Home Selling Team LLC
Buyer's Agent
Latoya Hall
YourHomeSold Guaranteed Realty
List Price
$425,000
Sold Price
$430,000
Premium/Discount to List
$5,000
1.18%
Current Estimated Value
$684,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,771
Avg. Annual Appreciation
8.68%
Original Mortgage
$322,500
Outstanding Balance
$287,940
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$360,207

Purchase Details

Listed on
Oct 9, 2020
Closed on
Jan 20, 2021
Sold by
Bowen Georgiana
Bought by
Tomo Nadia and Harris Andre
Seller's Agent
Kimberly Caceres
Ortiz Home Selling Team LLC
Buyer's Agent
Latoya Hall
YourHomeSold Guaranteed Realty
List Price
$425,000
Sold Price
$430,000
Premium/Discount to List
$5,000
1.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,500
Outstanding Balance
$287,940
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$360,207

Purchase Details

Closed on
Jun 12, 2013
Sold by
Veloce Holdings Llc
Bought by
Bowen Georgiana G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,224
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 15, 2013
Sold by
Hsbc Bank Usa Na
Bought by
Veloce Holdings Llc

Purchase Details

Closed on
Apr 13, 2010
Sold by
Hsbc Bank Usa Na
Bought by
Veloce Holdings Llc

Purchase Details

Closed on
Jun 29, 2007
Sold by
Merrick Kortwright and Merrick Alvina Reed
Bought by
Merrick Kortwright and Merrick Alvinn Reed

Purchase Details

Closed on
May 12, 2006
Sold by
Merrich Kortwright and Reed Darrell
Bought by
Merrich Kortwright and Merrich Alvina Reed

Purchase Details

Closed on
Jun 26, 2000
Sold by
First Home Properties Corp
Bought by
Merrick Kortwright and Reed Darrell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,200
Interest Rate
8.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 3, 2000
Sold by
Patterson Grace and Patterson Thomas
Bought by
First Home Properties Corp
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
Tomlin Nadia $430,000 Major Abstract Corp
Tomo Nadia -- None Listed On Document
Bowen Georgiana G $265,000 None Available
Veloce Holdings Llc -- First American Title Insuran
Veloce Holdings Llc -- First American Title Insuran
Merrick Kortwright -- None Available
Merrich Kortwright -- Stewart Title
Merrick Kortwright $220,000 Fidelity National Title Ins
First Home Properties Corp $140,500 New York Title Research Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tomlin Nadia $322,500
Closed Bowen Georgiana G $257,224
Previous Owner Merrick Kortwright $218,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/01/2021 05/01/21 Rented $1,900 0.0% --
03/19/2021 03/19/21 Price Changed $1,900 -5.0% $1 / Sq Ft
02/22/2021 02/22/21 For Rent $2,000 0.0% --
01/20/2021 01/20/21 Sold $430,000 +1.2% $253 / Sq Ft View Prior Sale
10/31/2020 10/31/20 Pending -- -- --
10/09/2020 10/09/20 For Sale $425,000 -- $250 / 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
2024 $15,015 $9,100 $1,300 $7,800
2023 $11,684 $9,100 $1,300 $7,800
2022 $14,348 $9,100 $1,300 $7,800
2021 $14,089 $9,100 $1,300 $7,800
2020 $13,419 $9,100 $1,300 $7,800
2019 $13,253 $9,100 $1,300 $7,800
2018 $0 $9,100 $1,300 $7,800
2017 $0 $9,100 $1,300 $7,800
2016 $12,961 $9,100 $1,300 $7,800
2015 -- $9,100 $1,300 $7,800
2014 -- $9,100 $1,300 $7,800
2013 -- $8,300 $1,300 $7,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6097947

OneKey® MLS

APN: 0800-169-054-03061-000-0034