NOT LISTED FOR SALE

685 E 223rd St Bronx, NY 10466

Wakefield Neighborhood

Estimated Value: $899,000 - $1,101,000

8 Beds
4.5 Baths
2,856 Sq Ft
$359/Sq Ft Est. Value

Last Sold April 03, 2024

Last sale price $999,000 $350 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $6,454/month

20 Days on Market

Highlights

  • City View
  • 3-minute walk to 225 Street
  • Formal Dining Room
  • Wood Flooring
  • Home Office
  • Eat-In Kitchen

About This Home

As of April 2024

Two Family House. Brick. Each floor have a 4 BR apt with two full bath. EiK .Hard wood floors Finished Basement with play room and Bar. Backyard. Close to transportation, shopping center. Very good property for First home buyers, developers and investors. Gros income for investors $74.400. Net Income Apr $65.000. Cop 7%

Last Agent to Sell the Property

Rafoel Normatov

Dom Realty of NY Inc Brokerage Phone: 718-263-4700 License #40NO0979399 Listed on: 12/07/2023

Co-Listed By

Mikhail Davydov

Dom Realty of NY Inc Brokerage Phone: 718-263-4700 License #30DA0806219

Last Buyer's Agent

Avigdor Rosenfeld

Mimi Realty USA, Inc License #10311210064

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,277

Year Built

  • Built in 1920 | Remodeled in 2023

Lot Details

  • 2,856 Sq Ft Lot
  • Lot Dimensions are 25x114.25
  • No Common Walls

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,856 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Formal Dining Room
  • Home Office
  • Storage
  • Wood Flooring
  • City Views
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Walk-In Closet

Basement

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

Schools

  • Ps 161 Ponce De Leon Elementary School
  • Lab School Of Fin & Tech: X223 Middle School
  • Hero High School

Utilities

  • Zoned Cooling
  • Heat Pump System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Legal Lot and Block 16 / 4825
  • Assessor Parcel Number 04825-0016

Community Details

Overview

  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,277

Year Built

Built in 1920 | Remodeled in 2023

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Levels: Two
  • Year Built: 1920
  • New Construction: No
  • Year Built Effective: 2023
  • Attribution Contact: 718-263-4700
  • Co List Office Mls Id: ONEBOMI01
  • Co List Office Phone: 718-263-4700
  • Village: Bronx
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2023

Interior Features

  • Interior Amenities: Den/Family Room, Eat-in Kitchen, Formal Dining, Home Office, Master Bath, Storage, Walk-In Closet(s), Wet Bar
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Full, Walk-Out Access
  • Inclusions: Intercom
  • Total Bedrooms: 8
  • Living Area: 2856
  • Owner Pays: Insurance
  • SquareFootage: 2856.00
  • SquareFootageSource: Municipality
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick
  • View: City
  • View YN: Yes
  • FloodZoneReportYN: 0

Garage/Parking

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

Utilities

  • Cooling: Zoned
  • Cooling: Yes
  • Heating: Natural Gas, Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Maintenance Expense: 1000
  • Other Expense: 1000

Schools

  • Middle School: Lab School Of Fin & Tech: X223

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Dimensions: 25x114.25
  • Lot Size Sq Ft: 2856
  • Lot Size Units: Acres
  • Parcel Number: 04825-0016
  • Zoning Description: R-6 A
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No
  • Tenant Pays: Cooking Gas, Electricity

Multi Family

  • Fuel Expense: 2700
  • Units Total: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 8277
  • Tax Block: 4825
  • Tax Lot: 16
  • Tax Map Number: 04825-0016
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Elementary School: Ps 161 Ponce De Leon School,Ps 18 John Peter Zenger
  • High School: Hero High School
  • Middle School District: Bronx 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2023
Closed on
Apr 3, 2024
Sold by
Bmaz 1450 Leland Llc
Bought by
A685r Llc
Seller's Agent
Rafoel Normatov
Dom Realty of NY Inc
Buyer's Agent
Avigdor Rosenfeld
Mimi Realty USA, Inc
List Price
$918,000
Sold Price
$999,000
Premium/Discount to List
$81,000
8.82%
Total Days on Market
20
Views
28
Current Estimated Value
$1,026,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,667
Avg. Annual Appreciation
2.32%
Original Mortgage
$1,250,000
Outstanding Balance
$1,234,723
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$208,056

Purchase Details

Closed on
Dec 18, 2018
Sold by
Downie-Green Debbie P and Downie-Green Vibert P
Bought by
Bmaz 1450 Lealand Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2006
Sold by
Downie Bernice and Downie Tracey
Bought by
Downie-Green Debbie P and Green Vibert P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,750
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 26, 2002
Sold by
Downie Bernice and Downie Debby
Bought by
Downie Bernice and Downie Tracey
Source: Public Records

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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
A685r Llc $999,000 --
A685r Llc $999,000 --
Bmaz 1450 Lealand Llc $450,000 --
Bmaz 1450 Lealand Llc $450,000 --
Downie-Green Debbie P -- --
Downie-Green Debbie P -- --
Downie Bernice -- --
Downie Bernice -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open A685r Llc $1,250,000
Closed A685r Llc $750,000
Closed A685r Llc $1,250,000
Previous Owner Bmaz 1450 Lealand Llc $360,000
Previous Owner Downie-Green Debbie P $348,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2024 04/03/24 Sold $999,000 +8.8% $350 / Sq Ft
12/28/2023 12/28/23 Pending -- -- --
12/07/2023 12/07/23 For Sale $918,000 -- $321 / 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 $8,556 $43,338 $10,587 $32,751
2024 $8,556 $42,598 $10,850 $31,748
2023 $8,227 $40,510 $11,265 $29,245
2022 $7,762 $45,060 $12,180 $32,880
2021 $7,600 $36,600 $12,180 $24,420
2020 $7,644 $39,300 $12,180 $27,120
2019 $7,420 $40,500 $12,180 $28,320
2018 $6,882 $33,758 $11,877 $21,881
2017 $6,492 $31,849 $11,885 $19,964
2016 $6,016 $30,096 $10,681 $19,415
2015 $3,624 $30,096 $10,052 $20,044
2014 $3,624 $29,582 $10,059 $19,523
Source: Public Records

Agents Affiliated with this Home

  • Rafoel Normatov

    Seller's Agent in 2024

    Rafoel Normatov

    Dom Realty of NY Inc

    (646) 387-3044

    1 in this area

    8 Total Sales

    Rafoel Normatov
    Section Image

  • M

    Seller Co-Listing Agent in 2024

    Mikhail Davydov

    Dom Realty of NY Inc

    (718) 263-4700

    1 in this area

    18 Total Sales

    Mikhail Davydov
    Section Image

  • A

    Buyer's Agent in 2024

    Avigdor Rosenfeld

    Mimi Realty USA, Inc

    1 in this area

    23 Total Sales

    Avigdor Rosenfeld
    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY3520096

OneKey® MLS

APN: 04825-0016

New York Bronx County Bronx 10466 Wakefield

685 E 223rd St, Bronx, NY

This home is located at 685 E 223rd St, Bronx, NY 10466 since 07 December 2023 and is currently estimated at $1,026,667, approximately $359 per square foot. This property was built in 1920. 685 E 223rd St is a home located in Bronx County with nearby schools including P.S. 103 Hector Fontanez, North Bronx School of Empowerment, and Bronx Charter School For Excellence 4.

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