NOT LISTED FOR SALE

642 E 227th St Bronx, NY 10466

Wakefield Neighborhood

Estimated Value: $837,000 - $1,069,000

-- Bed
-- Bath
2,142 Sq Ft
$432/Sq Ft Est. Value

Last Sold February 13, 2015

Last sale price $457,500 $214 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $5,488/month

266 Days on Market

Highlights

  • Property is near public transit
  • 4-minute walk to 225 Street
  • Park
  • 1 Car Attached Garage
  • Eat-In Kitchen
  • Hot Water Heating System

About This Home

As of February 2015

Large 2 family brick with finished basement. 3 bedroom apartment over a 3 bedroom apartment. This home is located right off of Carpenter Avenue and minutes away from the Bronx River Parkway. Conveniently located 2 blocks away from the #2 & #5 train line. House is in good condition. A must see!

Last Agent to Sell the Property

Haniff Baksh

YourHomeSold Guaranteed Realty Brokerage Phone: 718-324-6060 License #10311202741 Listed on: 12/30/2013

YourHomeSold Guaranteed Realty

Last Buyer's Agent

Bakary Camara

YourHomeSold Guaranteed Realty License #40CA1173900

YourHomeSold Guaranteed Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,184

Year Built

  • Built in 1950

Lot Details

  • 2,395 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,142 Sq Ft Home
  • Walk-Out Basement
  • Eat-In Kitchen

Location

  • Property is near public transit

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 04828-0045

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,184

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: See Remarks
  • Property SubType: Multi Family
  • Year Built: 1950
  • Attribution Contact: 718-324-6060
  • Village: Bronx
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Basement: Walk-Out Access
  • Living Area: 2142
  • SquareFootage: 2142.00

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Attached, 1 Car Attached, Driveway

Utilities

  • Heating: Natural Gas, Hot Water
  • Sewer: Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdditionalFeesYN: 0

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 0.0551
  • Lot Size Sq Ft: 2395
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04828-0045
  • Zoning Description: R6
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Multi Family

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

Tax Info

  • Tax Annual Amount: 5184
  • Tax Map Number: 04828-0045

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
Dec 30, 2013
Closed on
Feb 12, 2015
Sold by
Fofana Mahamadou and Fofana Nana K
Bought by
Farook Adam and Farook Suwaiba
Seller's Agent
Haniff Baksh
YourHomeSold Guaranteed Realty
Buyer's Agent
Bakary Camara
YourHomeSold Guaranteed Realty
List Price
$469,000
Sold Price
$457,500
Premium/Discount to List
-$11,500
-2.45%
Current Estimated Value
$924,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$466,833
Avg. Annual Appreciation
6.68%
Original Mortgage
$476,363
Outstanding Balance
$364,589
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$559,744

Purchase Details

Closed on
Sep 20, 2000
Sold by
Fofana Nana K
Bought by
Fofana Nana K and Fofana Mahamadou

Purchase Details

Closed on
Dec 24, 1997
Sold by
Ambrose Nyarko Emmanuel and Ambrose Bernard
Bought by
Fofana Nana K

Purchase Details

Closed on
Jan 19, 1996
Sold by
Myarko Emmanuel
Bought by
Ambrose Nyarko Emmanuel and Ambrose Bernard

Purchase Details

Closed on
Dec 8, 1995
Sold by
Arscott Shirley D and Arscott Gertrude E
Bought by
Nyarko Emmanuel
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Farook Adam $457,500 --
Farook Adam $457,500 --
Fofana Nana K -- --
Fofana Nana K -- --
Fofana Nana K $247,000 Commonwealth Land Title Ins
Fofana Nana K $247,000 Commonwealth Land Title Ins
Ambrose Nyarko Emmanuel -- Commonwealth Land Title Ins
Nyarko Emmanuel -- Commonwealth Land Title Ins
Nyarko Emmanuel $237,000 Commonwealth Land Title Ins
Nyarko Emmanuel $237,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farook Adam $476,363
Closed Farook Adam $476,363
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2015 02/13/15 Sold $457,500 -2.5% $214 / Sq Ft
09/23/2014 09/23/14 Pending -- -- --
12/30/2013 12/30/13 For Sale $469,000 -- $219 / 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 $7,734 $39,744 $7,117 $32,627
2024 $7,734 $38,507 $6,881 $31,626
2023 $7,378 $36,328 $6,924 $29,404
2022 $6,842 $46,920 $9,960 $36,960
2021 $6,970 $38,100 $9,960 $28,140
2020 $7,011 $40,740 $9,960 $30,780
2019 $6,713 $37,800 $9,960 $27,840
2018 $6,171 $30,273 $9,120 $21,153
2017 $5,822 $28,560 $9,960 $18,600
2016 $5,517 $27,600 $9,960 $17,640
2015 $3,593 $28,740 $11,100 $17,640
2014 $3,593 $28,740 $11,100 $17,640
Source: Public Records

Agents Affiliated with this Home

  • Haniff Baksh

    Seller's Agent in 2015

    Haniff Baksh

    YourHomeSold Guaranteed Realty

    (646) 228-9911

    8 in this area

    30 Total Sales

    Haniff Baksh
    Section Image
  • Bakary Camara

    Buyer's Agent in 2015

    Bakary Camara

    YourHomeSold Guaranteed Realty

    (917) 568-5763

    3 in this area

    45 Total Sales

    Bakary Camara
    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEYH3336517

OneKey® MLS

APN: 04828-0045

New York Bronx County Bronx 10466 Wakefield

642 E 227th St, Bronx, NY

Not Listed for Sale

MultiFamily

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