NOT LISTED FOR SALE

644 E 227th St Bronx, NY 10466

Wakefield Neighborhood

Estimated Value: $787,090 - $1,065,000

5 Beds
2 Baths
2,805 Sq Ft
$326/Sq Ft Est. Value

Last Sold January 11, 2016

Last sale price $474,900 $169 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $5,470/month

281 Days on Market

Highlights

  • Contemporary Architecture
  • 4-minute walk to 225 Street
  • Formal Dining Room
  • Private Lot
  • Wood Flooring
  • Skylights

About This Home

As of January 2016

Come in and make yourself at home...! This Great 2 Family brick home with finished walk-out basement is quietly situated in Wakefield and is perfect for a home owner looking for the tenant to pay the majority of the mortgage note with tenant income. The Above ground basement can be used for a variety of things like a business or daycare.... Your New home offers: 2 apartments, 3 Bedroom over 2 bedroom over finished basement, hardwood floors, young roof, new windows, new hot water tank and ample parking. Entire home is vacant, both apartments are freshly painted and hard wood floors refinished to a "like new" finish!!!! Apartments get great sunlight! 2 CAR PARKING including garage. Your NEW HOME is conveniently located just blocks away from places of worship, schools, public library, shopping, train station, hospital and the highway. Please call me to make your appointment now. The real-estate market is heating up this summer and your home will not last too long on the market.

Last Agent to Sell the Property

Bryant Mero

Connect RE Corp. Brokerage Phone: 347-202-4965 License #10311210367 Listed on: 01/12/2015

Last Buyer's Agent

Coretta Sneed

Direct Choice Realty License #10401215892

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,979

Year Built

  • Built in 1964

Lot Details

  • 2,330 Sq Ft Lot
  • Two or More Common Walls
  • Private Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,805 Sq Ft Home
  • Skylights
  • Triple Pane Windows
  • Formal Dining Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Finished Basement

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

Outdoor Features

  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Assessor Parcel Number 04828-0047

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,979

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Contemporary
  • Property SubType: Multi Family
  • Year Built: 1964
  • Attribution Contact: 347-202-4965
  • Village: Bronx
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Formal Dining, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 5
  • Living Area: 2805
  • Window Features: Triple Pane Windows, Skylight(s)
  • SquareFootage: 2805.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Brick
  • Patio and Porch Features: Porch

Garage/Parking

  • Total Parking Spaces: 2
  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Attached, 2 Car Attached, Garage

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Sewer: Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 2

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 0.0535
  • Lot Size Sq Ft: 2330
  • Lot Size Units: Acres
  • Lot Features: Private
  • Parcel Number: 04828-0047
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cooking Gas, Electricity

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf2Bedrooms: 1
  • NumberOf3Bedrooms: 1

Tax Info

  • Tax Annual Amount: 4979
  • Tax Map Number: 04828-0047
  • IncludedInTaxes: Sewer,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
Jan 12, 2015
Closed on
Jan 8, 2016
Sold by
Lewis Andrea J and Lewis Beverly
Bought by
Forbes Wallace Judy and Wallace Dwight
Seller's Agent
Bryant Mero
Connect RE Corp.
Buyer's Agent
Coretta Sneed
Direct Choice Realty
List Price
$485,000
Sold Price
$474,900
Premium/Discount to List
-$10,100
-2.08%
Current Estimated Value
$913,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$438,623
Avg. Annual Appreciation
6.73%
Original Mortgage
$459,050
Outstanding Balance
$366,992
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$546,531
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Forbes Wallace Judy $474,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forbes Wallace Judy $459,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/11/2016 01/11/16 Sold $474,900 -2.1% $169 / Sq Ft
10/21/2015 10/21/15 Pending -- -- --
01/12/2015 01/12/15 For Sale $485,000 -- $173 / Sq Ft
Source: OneKey® MLS

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 $7,462 $38,880 $7,102 $31,778
2024 $7,462 $37,152 $7,059 $30,093
2023 $7,347 $36,175 $6,593 $29,582
2022 $6,813 $43,140 $9,360 $33,780
2021 $6,925 $35,040 $9,360 $25,680
2020 $6,858 $38,700 $9,360 $29,340
2019 $6,477 $38,940 $9,360 $29,580
2018 $6,145 $30,146 $8,677 $21,469
2017 $5,797 $28,440 $9,360 $19,080
2016 $5,482 $27,420 $9,360 $18,060
2015 $3,442 $27,000 $10,380 $16,620
2014 $3,442 $25,800 $10,380 $15,420
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    Bryant Mero

    Connect RE Corp.

    (917) 327-7870

    1 in this area

    23 Total Sales

    Bryant Mero
    Section Image

  • C

    Buyer's Agent in 2016

    Coretta Sneed

    Direct Choice Realty

    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY4501326

OneKey® MLS

APN: 04828-0047

New York Bronx County Bronx 10466 Wakefield

644 E 227th St, Bronx, NY

Not Listed for Sale

MultiFamily

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