NOT LISTED FOR SALE

687 E 224th St Bronx, NY 10466

Wakefield Neighborhood

Estimated Value: $606,000 - $890,000

5 Beds
2 Baths
3,300 Sq Ft
$220/Sq Ft Est. Value

Last Sold April 08, 2015

Last sale price $511,500 $155 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,345/month

110 Days on Market

Highlights

  • Colonial Architecture
  • 1-minute walk to 225 Street
  • Wood Flooring
  • Property is near public transit
  • Cathedral Ceiling
  • Main Floor Primary Bedroom

About This Home

As of April 2015

Beautifully renovated 2 family home with New Stucco Facade. Home is over 3,300 Square Feet! VERY HIGH CEILINGS! Located in the Wakefield / Williamsbridge Neighborhood. Unit 1: 2 Bedroom Apartment with 1 Full Bath & Laundry Room. Unit 2: 3 Bedroom Apartment with 1 Full Bath. Features Very Large Bedrooms, Gourmet Granite Kitchens with Peninsula Bar/Island. Stainless Steel Appliances. Wine Rack, New Oak Hardwood Floors, Lots of Recessed Hi Hat Lighting & High Ceilings. Private Yard. AMAZING finished Walk-Out Finished Basement A.K.A. Man or Woman Cave. 2 separate hot water tanks. Your new home is located one block away from the #2 & 5 Train @ East 225th Street, schools, shopping, Montefiore Hospital. Lots of potential. Entire Home has been RENOVATED Top to Bottom in 2014! This is a great FHA, Conventional or any other financing candidate. Please Call for Immediate Showing!

Last Agent to Sell the Property

Joseph Noor

Expert Homes NY Brokerage Phone: 212-257-2116 License #10401219194 Listed on: 10/14/2014

Last Buyer's Agent

Joseph Noor

Expert Homes NY Brokerage Phone: 212-257-2116 License #10401219194 Listed on: 10/14/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,377

Year Built

  • Built in 1960 | Remodeled in 2014

Lot Details

  • 2,287 Sq Ft Lot
  • Two or More Common Walls

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Stucco

Interior Spaces

  • 3,300 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • ENERGY STAR Qualified Windows
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Finished Basement

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

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil

Additional Features

  • ENERGY STAR Qualified Equipment for Heating
  • Patio
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for all utilities, cooking gas, electricity
  • Assessor Parcel Number 04826-0014

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

$4,377

Year Built

Built in 1960 | Remodeled in 2014

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Townhouse, Two Story, Colonial
  • Property SubType: Multi Family
  • Year Built: 1960
  • Year Built Effective: 2014
  • Attribution Contact: 212-257-2116
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2014

Interior Features

  • Interior Amenities: Master Downstairs, First Floor Bedroom, Cathedral Ceiling(s), Eat-in Kitchen, Granite Counters, Pantry, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 5
  • Living Area: 3300
  • Window Features: ENERGY STAR Qualified Windows
  • SquareFootage: 3300.00
  • SquareFootageSource: Other

Exterior Features

  • Construction Materials: Stucco
  • Patio and Porch Features: Patio

Garage/Parking

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

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Oil, Baseboard, ENERGY STAR Qualified Equipment, Hot Water
  • Sewer: Sewer
  • Water Source: Public
  • Hot Water: Electric Stand Alone
  • NumberOfHeatingZones: 2

Association/Amenities

  • Community Features: Trash Collection, Park

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdditionalFeesYN: 0

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 0.0525
  • Lot Size Sq Ft: 2287
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04826-0014
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities, Cooking Gas, Electricity

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf1Bedrooms: 0
  • NumberOf2Bedrooms: 1
  • NumberOf3Bedrooms: 1
  • NumberOf4Bedrooms: 0

Tax Info

  • Tax Annual Amount: 4377
  • Tax Map Number: 04826-0014
  • IncludedInTaxes: Sewer,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
Oct 14, 2014
Closed on
Apr 8, 2015
Sold by
938 Lafayette Llc
Bought by
Clemente Larry P
Seller's Agent
Joseph Noor
Expert Homes NY
Buyer's Agent
Joseph Noor
Expert Homes NY
List Price
$495,000
Sold Price
$511,500
Premium/Discount to List
$16,500
3.33%
Current Estimated Value
$726,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,039
Avg. Annual Appreciation
3.32%
Original Mortgage
$502,234
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2014
Sold by
Young Tevon
Bought by
938 Lafayette Llc

Purchase Details

Closed on
Nov 27, 2006
Sold by
Coley Nadine and Johnson Harpaul
Bought by
Young Tevon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,280
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 2002
Sold by
Johnson Richard A
Bought by
Johnson Harpaul and Coley Nadine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,855
Interest Rate
6.25%

Purchase Details

Closed on
Jun 17, 1997
Sold by
Thompson Sheryl and Thompson Maria
Bought by
Thompson David and Thompson Daphne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
7.26%

Purchase Details

Closed on
Oct 4, 1995
Sold by
Thompson David
Bought by
Thompson David and Thompson Daphne L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Clemente Larry P $511,500 --
Clemente Larry P $511,500 --
938 Lafayette Llc $185,000 --
938 Lafayette Llc $185,000 --
Young Tevon $514,100 --
Young Tevon $514,100 --
Johnson Harpaul -- --
Johnson Richard A -- --
Johnson Harpaul -- --
Thompson David -- First American Title Ins Co
Thompson David -- First American Title Ins Co
Thompson David -- Commonwealth Land Title Ins
Thompson David -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clemente Larry P $502,234
Previous Owner Young Tevon $411,280
Previous Owner Johnson Harpaul $260,855
Previous Owner Thompson David $53,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2015 04/08/15 Sold $511,500 +3.3% $155 / Sq Ft
02/02/2015 02/02/15 Pending -- -- --
10/14/2014 10/14/14 For Sale $495,000 -- $150 / 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 $6,597 $34,814 $7,224 $27,590
2024 $6,597 $32,844 $8,101 $24,743
2023 $6,461 $31,814 $7,335 $24,479
2022 $6,008 $41,400 $9,960 $31,440
2021 $6,228 $39,840 $9,960 $29,880
2020 $6,141 $34,440 $9,960 $24,480
2019 $5,726 $35,520 $9,960 $25,560
2018 $5,404 $26,512 $7,286 $19,226
2017 $5,113 $25,081 $7,841 $17,240
2016 $4,930 $24,661 $7,888 $16,773
2015 $2,854 $24,177 $8,136 $16,041
2014 $2,854 $22,809 $8,796 $14,013
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Joseph Noor

    Expert Homes NY

    (212) 257-2116

    3 Total Sales

    Joseph Noor
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY4438097

OneKey® MLS

APN: 04826-0014

New York Bronx County Bronx 10466 Wakefield

687 E 224th St, Bronx, NY

Not Listed for Sale

MultiFamily

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