NOT LISTED FOR SALE

642 Mead St Bronx, NY 10460

Van Nest Neighborhood

Estimated Value: $711,000 - $841,000

4 Beds
2 Baths
2,064 Sq Ft
$379/Sq Ft Est. Value

Last Sold November 03, 2023

Last sale price $650,000 $315 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,774/month

25 Days on Market

Highlights

  • 0.06 Acre Lot
  • Window Unit Cooling System
  • 1-minute walk to Van Nest Park

About This Home

As of November 2023

Van Nest/Morris Park Neighborhood. 2 Family Home boasts a large 2 bedroom, 1 bath apartment, over a 2 bedroom 1 bath, plus an unfinished basement with 10ft + ceilings. This property is in need of updates and offers tremendous upside. The property is centrally located to restaurants, shops, MTA 2 and 5 Trains, Bx22 and Bx39 buses.

Last Agent to Sell the Property

Arif Baksh

YourHomeSold Guaranteed Realty Brokerage Phone: 718-684-2400 License #10301207975 Listed on: 08/03/2023

Last Buyer's Agent

Philip Becker

License #30BE0976563

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,164

Year Built

  • Built in 1920

Lot Details

  • 2,500 Sq Ft Lot
  • No Common Walls

Parking

  • On-Street Parking

Interior Spaces

  • 2,064 Sq Ft Home
  • Unfinished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Assessor Parcel Number 04026-0018

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,164

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1920
  • Attribution Contact: 718-684-2400
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Unfinished, Walk-Out Access
  • Total Bedrooms: 4
  • Living Area: 2064
  • SquareFootage: 2064.00
  • SquareFootageSource: Municipality

Garage/Parking

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

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Oil, See Remarks
  • Sewer: Other, Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Size Sq Ft: 2500
  • Lot Size Units: Acres
  • Parcel Number: 04026-0018
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cooking Gas, Electricity

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf2Bedrooms: 2

Tax Info

  • Tax Annual Amount: 1164
  • Tax Map Number: 04026-0018
  • IncludedInTaxes: Trash

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
Aug 3, 2023
Closed on
Nov 3, 2023
Sold by
Jose Vega and Jose Yesenia Provencher
Bought by
Akhter Farhana and Uddin Md Jamal
Seller's Agent
Arif Baksh
YourHomeSold Guaranteed Realty
Buyer's Agent
Philip Becker
List Price
$650,000
Sold Price
$650,000
Views
50
Current Estimated Value
$782,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,642
Avg. Annual Appreciation
8.71%
Original Mortgage
$552,500
Outstanding Balance
$544,366
Interest Rate
7.57%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$213,565
Source: Public Records

Range of Values:

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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
Akhter Farhana $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akhter Farhana $552,500
Previous Owner Vega Jose E $532,500
Previous Owner Vega Jose E $78,655
Previous Owner Vega Jose E $124,000
Previous Owner Vega Jose E $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2023 11/03/23 Sold $650,000 0.0% $315 / Sq Ft
08/29/2023 08/29/23 Pending -- -- --
08/03/2023 08/03/23 For Sale $650,000 -- $315 / 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 $6,516 $34,386 $6,144 $28,242
2024 $6,516 $32,440 $6,488 $25,952
2023 $1,731 $30,604 $6,999 $23,605
2022 $1,164 $40,560 $9,660 $30,900
2021 $2,735 $38,640 $9,660 $28,980
2020 $2,737 $36,420 $9,660 $26,760
2019 $1,175 $31,380 $9,660 $21,720
2018 $4,901 $25,503 $7,241 $18,262
2017 $4,605 $24,060 $9,660 $14,400
2016 $4,632 $24,720 $9,660 $15,060
2015 $2,611 $24,469 $10,115 $14,354
2014 $2,611 $23,085 $9,543 $13,542
Source: Public Records

Agents Affiliated with this Home

  • Arif Baksh

    Seller's Agent in 2023

    Arif Baksh

    YourHomeSold Guaranteed Realty

    (914) 494-1549

    4 in this area

    82 Total Sales

    Arif Baksh
    Section Image

  • P

    Buyer's Agent in 2023

    Philip Becker

  • M

    Buyer's Agent in 2023

    Mohammed Islam

    Housebiz Realty Inc.

    (646) 316-0328

    1 in this area

    18 Total Sales

    Mohammed Islam
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY6262638

OneKey® MLS

APN: 04026-0018

New York Bronx County Bronx 10460 Van Nest

642 Mead St, Bronx, NY

This home is located at 642 Mead St, Bronx, NY 10460 since 03 August 2023 and is currently estimated at $782,642, approximately $379 per square foot. This property was built in 1920. 642 Mead St is a home located in Bronx County with nearby schools including P.S. 083 The Donald Hertz School, Bronx Excellence 2, and Bronx Charter School For Excellence 2.

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