NOT LISTED FOR SALE

687 E 223rd St Bronx, NY 10466

Wakefield Neighborhood

Estimated Value: $703,000 - $819,000

7 Beds
3 Baths
2,000 Sq Ft
$378/Sq Ft Est. Value

Last Sold April 19, 2022

Last sale price $640,000 $320 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,525/month

195 Days on Market

Highlights

  • Property is near public transit
  • 2-minute walk to 225 Street
  • Park
  • Main Floor Bedroom
  • Window Unit Cooling System
  • Hot Water Heating System

About This Home

As of April 2022

3 Family home in the Wakefield section of The Bronx. Property layout consists of (2) three bedroom apartment and (1) one bedroom apartment. This is an opportunity to own a three family cash cow within walking distance to the 2 train, hospitals, parks, shopping and many more.

Last Agent to Sell the Property

Michael Brown

Keller Williams Realty Group License #30BR0963422 Listed on: 07/22/2020

Keller Williams Realty Group

Last Buyer's Agent

Michael Brown

Keller Williams Realty Group License #30BR0963422 Listed on: 07/22/2020

Keller Williams Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,085

Year Built

  • Built in 1920

Lot Details

  • 2,858 Sq Ft Lot
  • No Common Walls

Parking

  • On-Street Parking

Home Design

  • 2,000 Sq Ft Home
  • Tri-Level Property
  • Frame Construction
  • Vinyl Siding

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Location

  • Property is near public transit

Utilities

  • Window Unit Cooling System
  • 1 Heating Zone
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 04825-0013

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,085

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Trilevel
  • Property SubType: Multi Family
  • Year Built: 1920
  • Attribution Contact: 914-437-6100
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: 1st Floor Bedrm
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: None
  • Total Bedrooms: 7
  • Living Area: 2000.00
  • Square Footage: 2000.00

Exterior Features

  • Construction Materials: Frame, Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None, On Street

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Hot Water: Gas Stand Alone
  • Heating Zones: 1
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.0700
  • Lot Size Sq Ft: 2858.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04825-0013
  • Property Attached: No

Rental Info

  • Tenant Pays: None

Tax Info

  • Close Date: 2022-04-19
  • Tax Annual Amount: 6085.00
  • Tax Map Number: 04825-0013

Multi Family

  • Units Total: 3
  • 1 Bedrooms: 1
  • Three Bedrooms: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3

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 22, 2020
Closed on
Apr 13, 2022
Sold by
Jones Myrtle
Bought by
687 E Sj Llc
Seller's Agent
Michael Brown
Keller Williams Realty Group
Buyer's Agent
Michael Brown
Keller Williams Realty Group
List Price
$675,000
Sold Price
$640,000
Premium/Discount to List
-$35,000
-5.19%
Current Estimated Value
$755,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,694
Avg. Annual Appreciation
4.49%

Purchase Details

Closed on
Sep 19, 2000
Sold by
Chirico Vito
Bought by
Jones Myrtle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
7.81%

Purchase Details

Closed on
Dec 14, 1999
Sold by
The Chase Manhattan Bank
Bought by
Chirico Vito

Purchase Details

Closed on
Jul 12, 1999
Sold by
Kase Esq Kenneth
Bought by
The Chase Manhattan Bank

Purchase Details

Closed on
Aug 3, 1995
Sold by
Duck Robert and Duck Kathleen M
Bought by
Carmichael Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
7.48%

Purchase Details

Closed on
Aug 2, 1995
Sold by
Carmichael Gregory
Bought by
Duck Robert and Duck Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
7.48%

Purchase Details

Closed on
Jan 25, 1995
Sold by
Chemical Bank
Bought by
Carmichael Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
9.17%
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

Date Buyer Sale Price Title Company
687 E Sj Llc $640,000 --
687 E Sj Llc $640,000 --
Jones Myrtle $280,000 The Judicial Title Ins Agenc
Jones Myrtle $280,000 The Judicial Title Ins Agenc
Chirico Vito $65,000 Titleguard
Chirico Vito $65,000 Titleguard
The Chase Manhattan Bank $141,000 Titleguard
The Chase Manhattan Bank $141,000 Titleguard
Carmichael Gregory -- First American Title Ins Co
Carmichael Gregory -- First American Title Ins Co
Duck Robert $180,000 First American Title Ins Co
Duck Robert $180,000 First American Title Ins Co
Carmichael Gregory $65,000 The Title Guarantee Company
Carmichael Gregory $65,000 The Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Myrtle $252,000
Previous Owner Duck Robert $171,000
Previous Owner Carmichael Gregory $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2022 04/19/22 Sold $640,000 0.0% $320 / Sq Ft
03/31/2021 03/31/21 Off Market $640,000 -- --
02/02/2021 02/02/21 Pending -- -- --
07/22/2020 07/22/20 For Sale $675,000 -- $338 / 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 $7,132 $37,640 $9,250 $28,390
2024 $7,132 $35,510 $9,578 $25,932
2023 $7,089 $34,906 $8,244 $26,662
2022 $6,968 $48,120 $11,280 $36,840
2021 $6,997 $39,060 $11,280 $27,780
2020 $6,639 $35,820 $11,280 $24,540
2019 $6,190 $36,900 $11,280 $25,620
2018 $5,930 $29,088 $9,713 $19,375
2017 $5,930 $29,088 $9,594 $19,494
2016 $5,539 $27,707 $9,471 $18,236
2015 $3,375 $26,139 $8,324 $17,815
2014 $3,375 $24,660 $9,420 $15,240
Source: Public Records

Agents Affiliated with this Home

  • Michael Brown

    Seller's Agent in 2022

    Michael Brown

    Keller Williams Realty Group

    (718) 541-6149

    1 in this area

    64 Total Sales

    Michael Brown
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Map

Source: OneKey® MLS

MLS Number: KEY6056469

OneKey® MLS

APN: 04825-0013

New York Bronx County Bronx 10466 Wakefield

687 E 223rd St, Bronx, NY

Not Listed for Sale

MultiFamily

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