NOT LISTED FOR SALE

653 Jefferson Place Bronx, NY 10456

Morrisania Neighborhood

Estimated Value: $655,000 - $827,000

3 Beds
2 Baths
1,875 Sq Ft
$398/Sq Ft Est. Value

Last Sold February 14, 2023

Last sale price $470,000 $251 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,165/month

58 Days on Market

Highlights

  • Water Access
  • Property is near public transit
  • Park
  • Colonial Architecture
  • Cooling System Mounted In Outer Wall Opening
  • 3-minute walk to McKinley Square Park

About This Home

As of February 2023

Tremendous opportunity. Single family being converted into a two family with the work 80% complete. Close out the permits and the work and enjoy the benefits of great equity. This four level home features new kitchens and bathrooms and updated plumbing electric and more. It will not last at this great value!! BuildingAreaSource: Public Records,

Last Agent to Sell the Property

Manuel Pantiga

Brokerage Phone: 718-841-0201 License #10311210497 Listed on: 07/12/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,500

Year Built

  • Built in 1901 | Remodeled in 2022

Lot Details

  • 1,307 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • Colonial Architecture

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Sewer Not Available

Additional Features

  • Basement Fills Entire Space Under The House
  • Water Access
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 02935-0071

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

$4,500

Year Built

Built in 1901 | Remodeled in 2022

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1901
  • Year Built Effective: 2022
  • Attribution Contact: 718-841-0201
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2022

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Basement: Full
  • Total Bedrooms: 3
  • SquareFootageSource: Municipality

Exterior Features

  • Waterfront Features: Water Access

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Other

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas
  • Sewer: None
  • Water Source: None
  • GarbageRemoval: Other
  • NumberOfHeatingZones: 1

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.03
  • Lot Size Area: 0.03
  • Parcel Number: 02935-0071
  • Property Attached: Yes

Rental Info

  • Tenant Pays: See Remarks

Multi Family

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

Tax Info

  • Tax Annual Amount: 4500
  • Tax Map Number: 02935-0071
  • 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
Jul 12, 2022
Closed on
Feb 14, 2023
Sold by
653 Jefferson Llc
Bought by
Jefferson Bronx Realty Llc
Seller's Agent
Manuel Pantiga
List Price
$499,000
Sold Price
$470,000
Premium/Discount to List
-$29,000
-5.81%
Views
11
Current Estimated Value
$717,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,999
Avg. Annual Appreciation
19.85%

Purchase Details

Closed on
Oct 3, 2017
Sold by
Michael Joseph Realty Corp
Bought by
653 Jefferson Llc

Purchase Details

Closed on
Sep 13, 2017
Sold by
Johnson Deceased Artina and Smith Kevin
Bought by
Michael Joseph Realty Corp
Source: Public Records

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
Jefferson Bronx Realty Llc $470,000 --
653 Jefferson Llc $100,000 --
Michael Joseph Realty Corp $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jefferson Bronx Realty Llc $455,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2023 02/14/23 Sold $470,000 -5.8% $251 / Sq Ft
09/08/2022 09/08/22 Pending -- -- --
07/12/2022 07/12/22 For Sale $499,000 -- $266 / 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 $4,256 $26,304 $4,350 $21,954
2024 $4,256 $21,192 $3,823 $17,369
2023 $4,138 $20,375 $3,691 $16,684
2022 $3,408 $44,280 $7,620 $36,660
2021 $3,562 $40,740 $7,620 $33,120
2020 $3,532 $40,740 $7,620 $33,120
2019 $996 $29,040 $7,620 $21,420
2018 $863 $7,464 $1,884 $5,580
2017 $876 $7,464 $2,468 $4,996
2016 $119 $7,405 $2,294 $5,111
2015 -- $6,986 $2,438 $4,548
2014 -- $6,592 $2,694 $3,898
Source: Public Records

Agents Affiliated with this Home

  • Manuel Pantiga

    Seller's Agent in 2023

    Manuel Pantiga

    (347) 657-1114

    1 in this area

    93 Total Sales

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Map

Source: OneKey® MLS

MLS Number: KEY6198443

OneKey® MLS

APN: 02935-0071

New York Bronx County Bronx 10456 Morrisania

653 Jefferson Place, Bronx, NY

This home is located at 653 Jefferson Place, Bronx, NY 10456 since 12 July 2022 and is currently estimated at $745,940, approximately $397 per square foot. This property was built in 1901. 653 Jefferson Place is a home located in Bronx County with nearby schools including P.S. 063 - Author's Academy, I.S. 219 New Venture School @ Charles Drew Educational Campus, and Mott Hall Charter School.

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