NOT LISTED FOR SALE

653 E 229th St Bronx, NY 10466

Wakefield Neighborhood

Estimated Value: $588,380 - $856,000

Studio
-- Bath
1,928 Sq Ft
$408/Sq Ft Est. Value

Sale Details

Date Sold: July 11, 2012

Last sale price $388,000 $201 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $4,675 / mo

93 Days on Market

Highlights

  • Property is near public transit
  • Eat-In Kitchen
  • Park
  • Victorian Architecture
  • Window Unit Cooling System
  • Heating System Uses Steam

About This Home

As of July 2012

This is a beautifully renovated Legal 2 Family,(3 bedroom unit over a 2 bedroom unit). Much of the original detail remains. High ceilings,gorgeous hardwood floors and wall molding, stainless steel appliances and granite counter tops. A new oil-burner and gas water heater are in the basement. The taxes are low and the location is great. Easy access to the 2, 5 and MetroNorth. Nearby shopping and restaurants. Just a 2 block walk to Montefiore Hospital.

Last Agent to Sell the Property

Fred Golden

Douglas Elliman Real Estate Brokerage Phone: 718-884-5815 License #10301203022 Listed on: 02/15/2012

Douglas Elliman Real Estate

Last Buyer's Agent

Samuel Buchana

RE/MAX In The City License #10301213360

RE/MAX In The City

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,287

Year Built

  • Built in 1901

Lot Details

  • 2,918 Sq Ft Lot
  • No Common Walls

Parking

  • On-Street Parking

Home Design

  • Victorian Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,928 Sq Ft Home
  • Unfinished Basement
  • Walk-Out Basement
  • Eat-In Kitchen

Location

  • Property is near public transit

Utilities

  • Window Unit Cooling System
  • Heating System Uses Steam
  • Heating System Uses Oil

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 04832-0050

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,287

Year Built

Built in 1901

Lot Details

2,918 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Victorian
  • Property SubType: Multi Family
  • Year Built: 1901
  • Attribution Contact: 718-884-5815
  • Co List Office Mls Id: ONEDOUGEL06
  • Co List Office Phone: 718-884-5815
  • Village: Bronx
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Basement: Unfinished, Walk-Out Access
  • Living Area: 1928
  • SquareFootage: 1928.00

Exterior Features

  • Construction Materials: Brick, Vinyl Siding

Garage/Parking

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

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Oil, Steam
  • Sewer: Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Other Expense: 1
  • AdditionalFeesYN: 0

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 0.0670
  • Lot Size Sq Ft: 2918
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04832-0050
  • Zoning Description: Residential 2 family
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

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

Tax Info

  • Tax Annual Amount: 2287
  • Tax Map Number: 04832-0050

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: City of New York

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2012
Closed on
Jul 11, 2012
Sold by
Bought by
Seller's Agent
Fred Golden
Douglas Elliman Real Estate
Buyer's Agent
Samuel Buchana
RE/MAX In The City
List Price
$380,000
Sold Price
$388,000
Premium/Discount to List
$8,000
2.11%
Current Estimated Value
$785,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$397,845
Avg. Annual Appreciation
5.17%
Original Mortgage
$381,460
Outstanding Balance
$257,538
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$528,307

Purchase Details

Closed on
Mar 18, 2011
Sold by
Bought by

Purchase Details

Closed on
Feb 22, 2010
Sold by
Bought by

Purchase Details

Closed on
Mar 6, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 7, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
7.21%

Purchase Details

Closed on
Jan 18, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
8.25%

Purchase Details

Closed on
Oct 20, 1998
Sold by
Bought by

Purchase Details

Closed on
Mar 31, 1998
Sold by
Bought by

Purchase Details

Closed on
Nov 14, 1997
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Interest Rate
6.9%

Purchase Details

Closed on
Jun 4, 1997
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$388,500 --
$388,500 --
$290,000 --
$290,000 --
$300,000 --
$300,000 --
$545,000 --
$545,000 --
$460,000 --
$460,000 --
-- --
-- --
-- Long Island Title Agency
-- Long Island Title Agency
-- Commonwealth Land Title Ins
-- Commonwealth Land Title Ins
-- Commonwealh Land Title Ins C
-- Commonwealh Land Title Ins C
-- Commonwealth Land Title Ins
-- Commonwealth Land Title Ins
-- Commonwealth Land Title Ins
-- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $381,460
Closed $381,460
Previous Owner $436,000
Previous Owner $368,000
Previous Owner $188,000
Previous Owner $165,000
Previous Owner $122,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/11/2012 07/11/12 Sold $388,000 +2.1% $201 / Sq Ft
05/19/2012 05/19/12 Pending -- -- --
02/15/2012 02/15/12 For Sale $380,000 -- $197 / Sq Ft
Source: OneKey® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $5,454 $30,288 $4,627 $25,661
2025 $5,133 $28,574 $4,775 $23,799
2024 $5,133 $26,957 $4,082 $22,875
2023 $5,190 $26,957 $4,720 $22,237
2022 $5,054 $43,680 $7,260 $36,420
2021 $5,009 $35,460 $7,260 $28,200
2020 $4,744 $32,820 $7,260 $25,560
2019 $4,406 $33,840 $7,260 $26,580
2018 $4,282 $22,464 $4,794 $17,670
2017 $4,245 $22,294 $5,061 $17,233
2016 $3,895 $21,033 $5,039 $15,994
2015 $2,756 $19,843 $7,162 $12,681
2014 $2,756 $18,720 $8,100 $10,620
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2012

    Fred Golden

    Douglas Elliman Real Estate

    Section Image
  • Samuel Buchana

    Buyer's Agent in 2012

    Samuel Buchana

    RE/MAX

    (646) 717-2055

    11 Total Sales

    Samuel Buchana
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEYH3204897

OneKey® MLS

APN: 04832-0050

New York Bronx County Bronx 10466 Wakefield

653 E 229th St, Bronx, NY

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