NOT LISTED FOR SALE

Estimated Value: $823,042 - $982,000

8 Beds
3 Baths
4,428 Sq Ft
$202/Sq Ft Est. Value

Last Sold April 09, 2024

Last sale price $815,000 $184 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,522/month

45 Days on Market

Highlights

  • Wood Flooring
  • 4-minute walk to Gun Hill Road (2,5 Line)
  • Cooling System Mounted In Outer Wall Opening
  • Main Floor Bedroom
  • Eat-In Kitchen
  • 2-minute walk to Magenta Playground

About This Home

As of April 2024

Investors, if you are looking for a property with loads of income-earning potential, or if you have an extended family and want everyone in one place, we have the perfect property for you in the heart of the Bronx! This gem is loaded with character and beautiful architectural details. It begins at the entryway with its eye-catching fascia, brick-faced stairway, and paved front porch with room for the whole family to have an al fresco lunch! Inside are three separate apartments with a fully appointed kitchen, living room, and bath. There are eight bright and spacious bedrooms on this property with honey-colored wood floors throughout and a neutral color pallet on the walls. There is so much for families to see and do in the Bronx. Spend a day with the kids at the iconic Bronx Zoo, roam the gorgeous grounds of the New York Botanical Gardens, or spend an afternoon playing golf or cricket at beautiful Van Cortlandt Park. Are you in the mood for Italian food? Head over to Arthur Ave! And, of course, you must catch a Yankee Game! You will be so close to all this and so much more! Our homeowners are relocating and have bargain-priced this home, making it a fantastic opportunity for one lucky buyer, so don't miss out!

Last Agent to Sell the Property

Maria Minaya

Keller Williams Realty Greater Brokerage Phone: 516-873-7100 License #10401281733 Listed on: 11/11/2023

Keller Williams Realty Greater

Co-Listed By

Dorothy Harrington

Douglas Elliman Real Estate Brokerage Phone: 516-873-7100 License #10401357272

Last Buyer's Agent

Glenys Garcia

At Home With Yara Realty License #40GA0932884

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,297

Year Built

  • Built in 1920

Lot Details

  • 2,350 Sq Ft Lot
  • Lot Dimensions are 25x94
  • No Common Walls
  • Level Lot

Home Design

  • 3-Story Property
  • Brick Exterior Construction
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 4,428 Sq Ft Home
  • Combination Dining and Living Room
  • Wood Flooring
  • Storm Doors
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Schools

  • Ps 41 Gun Hill Road Elementary School
  • Bronx Green Middle School
  • Bronx Health Sciences High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Heating System Uses Oil

Listing and Financial Details

  • Legal Lot and Block 31 / 4623
  • Assessor Parcel Number 04623-0031

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,297

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Tri-Level
  • Property SubType: Multi Family
  • Levels: Three Or More
  • Year Built: 1920
  • New Construction: No
  • Attribution Contact: 516-873-7100
  • Co List Office Mls Id: ONEKEWG01
  • Co List Office Phone: 516-873-7100
  • Village: Bronx
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: First Floor Bedroom, Eat-in Kitchen, Living Room/Dining Room Combo
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Door Features: Storm Door(s)
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: None
  • Total Bedrooms: 8
  • Living Area: 4428
  • SquareFootage: 4428.00
  • NumberOfKitchens: 3

Exterior Features

  • Construction Materials: Brick, Frame, Vinyl Siding
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None

Utilities

  • Cooling: None, Wall Unit(s)
  • Cooling: Yes
  • Heating: Oil, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Fuel Oil Stand Alone

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Bronx Green Middle School

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Dimensions: 25x94
  • Lot Size Sq Ft: 2350
  • Lot Size Units: Acres
  • Lot Features: Level
  • Parcel Number: 04623-0031
  • Zoning Description: R-5A
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 7297
  • Tax Block: 4623
  • Tax Lot: 31
  • Tax Map Number: 04623-0031
  • IncludedInTaxes: Sewer,Trash,Water

MLS Schools

  • Elementary School: Ps 41 Gun Hill Road
  • High School: Bronx Health Sciences High School
  • Middle School District: Bronx 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2023
Closed on
Apr 9, 2024
Sold by
Arku Isaac M and Arku Maureen A
Bought by
660 Magenta Street Llc
Seller's Agent
Maria Minaya
Keller Williams Realty Greater
Buyer's Agent
Glenys Garcia
At Home With Yara Realty
List Price
$849,000
Sold Price
$815,000
Premium/Discount to List
-$34,000
-4%
Views
57
Current Estimated Value
$896,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,511
Avg. Annual Appreciation
7.15%
Original Mortgage
$652,000
Outstanding Balance
$643,551
Interest Rate
6.94%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$252,960

Purchase Details

Closed on
Aug 30, 2001
Sold by
Wellington Desmond and Wellington Kerene
Bought by
Arku Isaac M and Arku Maureen A
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
660 Magenta Street Llc $815,000 --
660 Magenta Street Llc $815,000 --
Arku Isaac M -- --
Arku Isaac M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 660 Magenta Street Llc $652,000
Closed 660 Magenta Street Llc $652,000
Previous Owner Arku Isaac M $160,314
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2024 04/09/24 Sold $815,000 -4.0% $184 / Sq Ft
01/05/2024 01/05/24 Pending -- -- --
11/20/2023 11/20/23 For Sale $849,000 -- $192 / 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 $7,649 $39,124 $5,280 $33,844
2024 $7,649 $38,083 $4,659 $33,424
2023 $7,297 $35,928 $4,063 $31,865
2022 $6,895 $56,580 $7,620 $48,960
2021 $6,861 $52,080 $7,620 $44,460
2020 $6,901 $52,140 $7,620 $44,520
2019 $6,639 $42,000 $7,620 $34,380
2018 $6,103 $29,940 $7,620 $22,320
2017 $5,867 $28,782 $6,871 $21,911
2016 $5,431 $27,169 $7,279 $19,890
2015 $3,275 $27,169 $8,346 $18,823
2014 $3,275 $26,922 $8,454 $18,468
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3516088

OneKey® MLS

APN: 04623-0031