NOT LISTED FOR SALE

689 E 224th St Bronx, NY 10466

Wakefield Neighborhood

Estimated Value: $575,000 - $948,000

6 Beds
3 Baths
2,020 Sq Ft
$351/Sq Ft Est. Value

Last Sold December 11, 2018

Last sale price $415,000 $205 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $4,192/month

10 Days on Market

Highlights

  • Property is near public transit
  • Park
  • 1-minute walk to 225 Street

About This Home

As of December 2018

ACCEPTED OFFER/CONTRACT OUT. SHOWING FOR BACKUP OFFERS. Spacious 2-family home with a backyard. LAYOUT: 3 bedroom (+ extra room) 1 bath OVER 3 bedroom, 1 bath OVER a full, walkout basement. [Discuss the possibility of installing a driveway with your architect/contractor.] This home is near the #2 train, shops, buses (including express bus BxM11 into Manhattan), two Montefiore hospitals, and highways. Future homeowner, you have quite a few options. Here are some ideas: OPTION 1: Use for rental income. OPTION 2: Just buy it, because your big family will occupy all 3 floors. OPTION 3: Fix up and flip. // Needs work. CASH OR REHAB-LOAN (FHA 203K, etc.) BUYERS ONLY.

Last Agent to Sell the Property

Tanisha Knight

Amen Realty Services License #10401268306 Listed on: 08/22/2018

Last Buyer's Agent

Non Non Member-MLS

Non-Member MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,609

Year Built

  • Built in 1910

Lot Details

  • 2,288 Sq Ft Lot
  • Two or More Common Walls

Parking

  • Public Parking

Home Design

  • 2,020 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Basement

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

Location

  • Property is near public transit

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Radiant Heating System
  • Oil Water Heater

Listing and Financial Details

  • Assessor Parcel Number 04826-0013

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

$4,609

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Full, Walk-Out Access
  • Total Bedrooms: 6
  • Living Area: 2020.00
  • Square Footage: 2020.00

Exterior Features

  • View YN: No

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None, Other, Public Parking

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Oil, Radiant
  • Hot Water: Fuel Oil Stand Alone
  • 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: 0.0500
  • Lot Dimensions: 2288.0000
  • Lot Size Sq Ft: 2288.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04826-0013
  • Property Attached: Yes

Tax Info

  • Close Date: 2018-12-11
  • Tax Annual Amount: 4609.00
  • Tax Map Number: 04826-0013

Multi Family

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

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

Closed on
Mar 9, 2020
Sold by
Uptown Condo Realty Llc
Bought by
Brackett Cynthia Y
Current Estimated Value
$708,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,872
Outstanding Balance
$676,996
Interest Rate
3.4%
Mortgage Type
FHA
Estimated Equity
$31,375

Purchase Details

Listed on
Aug 22, 2018
Closed on
Dec 11, 2018
Sold by
Castro Rosario and Catalli Andrew
Bought by
Uptown Condo Realty Llc
Seller's Agent
Tanisha Knight
Amen Realty Services
Buyer's Agent
Non Non Member-MLS
Non-Member MLS
List Price
$399,000
Sold Price
$415,000
Premium/Discount to List
$16,000
4.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.88%

Purchase Details

Closed on
Aug 18, 2018
Sold by
Sapienza Deceased Peter
Bought by
Sapienza Rosario

Purchase Details

Closed on
Oct 26, 1993
Sold by
Catalli Sarah
Bought by
Catalli Sarah and Castro Santa
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Brackett Cynthia Y $780,000 --
Uptown Condo Realty Llc $415,000 --
Sapienza Rosario -- --
Catalli Sarah -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brackett Cynthia Y $765,872
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2018 12/11/18 Sold $415,000 +4.0% $205 / Sq Ft
08/22/2018 08/22/18 Pending -- -- --
08/22/2018 08/22/18 For Sale $399,000 -- $198 / 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 $5,776 $30,482 $5,710 $24,772
2024 $5,776 $28,757 $6,421 $22,336
2023 $5,510 $27,130 $5,575 $21,555
2022 $5,364 $37,680 $8,520 $29,160
2021 $5,655 $36,900 $8,520 $28,380
2020 $5,377 $32,520 $8,520 $24,000
2019 $5,013 $31,800 $8,520 $23,280
2018 $4,311 $22,608 $5,583 $17,025
2017 $4,265 $22,392 $5,954 $16,438
2016 $4,167 $22,392 $6,780 $15,612
2015 $2,328 $21,168 $7,444 $13,724
2014 $2,328 $19,970 $8,436 $11,534
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2018

    Tanisha Knight

    Amen Realty Services

    Section Image

  • N

    Buyer's Agent in 2018

    Non Non Member-MLS

    Non-Member MLS

See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY4835065

OneKey® MLS

APN: 04826-0013

New York Bronx County Bronx 10466 Wakefield

689 E 224th St, Bronx, NY

Not Listed for Sale

MultiFamily

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