NOT LISTED FOR SALE

642 Commonwealth Ave Bronx, NY 10473

Clason Point Neighborhood

Estimated Value: $807,455 - $902,000

6 Beds
3 Baths
2,680 Sq Ft
$321/Sq Ft Est. Value

Last Sold May 25, 2022

Last sale price $830,000 $310 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,346/month

43 Days on Market

About This Home

As of May 2022

Solid brick legal 2 family home in the Clason Point/Soundview section of The Bronx. Features two units with 3 bedrooms each with lots of natural sunlight, spacious living rooms, formal dining, kitchen, full bath & hardwood floors throughout. Finished walkout basement with extended living space. Features a front porch + 2 car driveway. Recent upgrades: new boiler & oil tank. Located near public transportation, Major highways, Throggs Neck & White Stone Bridge, JFK Bridge, Public Parks and The New shopping plaza Bruckner Commons, East River ferry service with routes that would travel from Soundview to the Upper East Side and then onto to lower Manhattan's Pier 11 near the foot of Wall Street.

Last Listed By

John Lajara

eXp Realty License #40LA1150781 Listed on: 02/10/2022

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,409

Year Built

  • Built in 1920

Lot Details

  • 2,680 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,680 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Finished Basement

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

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Heating System Uses Oil
  • Oil Water Heater

Listing and Financial Details

  • Assessor Parcel Number 03556-0023

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,409

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: 2 Story
  • Property SubType: Multi Family
  • Year Built: 1920
  • Attribution Contact: 888-276-0630
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 6
  • Living Area: 2680.00
  • Square Footage: 2680.00

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Total Parking Spaces: 2.00
  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Oil, Hot Water
  • Hot Water: Fuel Oil Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Call Listing Agent
  • Middle School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.0600
  • Lot Size Area: 0.0600
  • Lot Size Sq Ft: 2680.00
  • Lot Size Units: Acres
  • Parcel Number: 03556-0023
  • Property Attached: Yes

Rental Info

  • Hold Start Date: 2022-02-25

Tax Info

  • Close Date: 2022-05-25
  • Tax Annual Amount: 6409.00
  • Tax Map Number: 03556-0023

Multi Family

  • 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
Feb 10, 2022
Closed on
May 25, 2022
Sold by
Franco Yaritza and Melendez Yaritza
Bought by
Islam Mohammad F and Kulsum Umme
Seller's Agent
John Lajara
eXp Realty
Buyer's Agent
Syful Islam
Charles Rutenberg Realty, Inc.
List Price
$799,999
Sold Price
$830,000
Premium/Discount to List
$30,001
3.75%
Total Days on Market
43
Current Estimated Value
$860,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,864
Avg. Annual Appreciation
-0.29%
Original Mortgage
$664,000
Outstanding Balance
$638,126
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$184,575

Purchase Details

Closed on
Sep 13, 2012
Sold by
Estate Of Vera L Payne
Bought by
Melendez Yaritza

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 F $830,000 --
Melendez Yaritza $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Islam Mohammad F $664,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2022 05/25/22 Sold $830,000 -1.2% $310 / Sq Ft
04/07/2022 04/07/22 Price Changed $840,000 +1.2% $313 / Sq Ft
03/25/2022 03/25/22 Pending -- -- --
02/25/2022 02/25/22 Off Market $830,000 -- --
02/10/2022 02/10/22 For Sale $799,999 -- $299 / 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 $6,607 $32,893 $5,656 $27,237
2023 $6,302 $31,032 $5,047 $25,985
2022 $6,071 $46,740 $8,460 $38,280
2021 $6,409 $49,080 $8,460 $40,620
2020 $6,150 $44,940 $8,460 $36,480
2019 $5,734 $36,240 $8,460 $27,780
2018 $5,272 $25,860 $8,460 $17,400
2017 $5,174 $25,380 $8,460 $16,920
2016 $5,278 $26,400 $8,460 $17,940
2015 $3,366 $27,840 $9,420 $18,420
2014 $3,366 $26,788 $8,891 $17,897
Source: Public Records

Agents Affiliated with this Home

  • John Lajara

    Seller's Agent in 2022

    John Lajara

    eXp Realty

    (914) 643-7400

    3 in this area

    144 Total Sales

    John Lajara
    Section Image
  • Syful Islam

    Buyer's Agent in 2022

    Syful Islam

    Charles Rutenberg Realty, Inc.

    (516) 575-7500

    5 in this area

    24 Total Sales

    Syful Islam
    Section Image

  • S

    Buyer's Agent in 2022

    Susan Murtha

    Agawam Realty Ltd

    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY6165892

OneKey® MLS

APN: 03556-0023

New York Bronx County Bronx 10473 Clason Point

642 Commonwealth Ave, Bronx, NY

Homes for Sale in Bronx, NY

This home is located at 642 Commonwealth Ave, Bronx, NY 10473 since 10 February 2022 and is currently estimated at $860,864, approximately $321 per square foot. This property was built in 1920. 642 Commonwealth Ave is a home located in Bronx County with nearby schools including P.S. 107 and Holy Cross Elementary School.

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