NOT LISTED FOR SALE

Estimated Value: $857,000 - $1,153,000

8 Beds
3 Baths
4,428 Sq Ft
$231/Sq Ft Est. Value

Last Sold July 28, 2022

Last sale price $755,000 $171 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $5,876/month

192 Days on Market

Highlights

  • 0.09 Acre Lot
  • 2-minute walk to 225 Street
  • 4 Car Attached Garage
  • Contemporary Architecture
  • Property is near public transit
  • Walk-In Closet

About This Home

As of July 2022

A/OThis beautiful 3 family brick detach will be delivered vacant. Being sold with the adjacent lot that has 4 parking garages. First Floor 2 Bedrooms, Living Room, Kitchen, Bathroom, Second Floor 3 Bedrooms, Living Room, Kitchen, Bathroom, Third Floor 3 Bedrooms, Living Room, Kitchen, Bathroom, Full Unfinished Basement. Property sits on a 56 X 114 lot size with an R5 zoning. Close to NY Botanical Garden, Jerome Park Reservoir, Fordham University, just a paradise for walking, biking and transportation. Great income producer or to be your home!

Last Agent to Sell the Property

Noel Cohen

Cohen and Cohen Consulting License #10311205279 Listed on: 07/16/2021

Last Buyer's Agent

Michael George

Nest Seekers LLC License #10401313070

Nest Seekers LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,184

Year Built

  • Built in 1901

Lot Details

  • 3,807 Sq Ft Lot
  • Property fronts an easement
  • No Common Walls

Parking

  • 4 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Shingle Siding

Interior Spaces

  • 4,428 Sq Ft Home
  • Entrance Foyer

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Basement

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

Location

  • Property is near public transit

Utilities

  • Window Unit Cooling System
  • 3 Heating Zones
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 04840-0037

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,184

Year Built

Built in 1901

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Contemporary
  • Property SubType: Multi Family
  • Year Built: 1901
  • Attribution Contact: 917-962-4962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Entrance Foyer, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Bilco Door(s), Full, Walk-Out Access
  • Total Bedrooms: 8
  • Living Area: 4428.00
  • Square Footage: 4428.00

Exterior Features

  • Construction Materials: Brick, Other, Shingle Siding

Garage/Parking

  • Total Parking Spaces: 4.00
  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Garage: Yes
  • Parking Description: Attached, 4+ Car Attached

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard, Hot Water, See Remarks
  • Hot Water: See Remarks
  • Heating Zones: 3
  • 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: 0.0900
  • Lot Size Sq Ft: 3807.00
  • Lot Size Units: Acres
  • Lot Features: Easement, Near Public Transit
  • Parcel Number: 04840-0037
  • Property Attached: No

Rental Info

  • Tenant Pays: Electricity, Gas

Tax Info

  • Close Date: 2022-07-28
  • Included in Taxes: Sewer, Trash
  • Tax Annual Amount: 5184.00
  • Tax Map Number: 04840-0037

Multi Family

  • Units Total: 3
  • 1 Bedrooms: 1
  • Two Bedrooms: 1
  • Three Bedrooms: 2
  • Separate Electric Meters: 4
  • 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 16, 2021
Closed on
Jul 27, 2022
Sold by
Alexander Co-Executor Cleodora and Estate Of Luther Jones
Bought by
715 E 226Th St Llc
Seller's Agent
Noel Cohen
Cohen and Cohen Consulting
Buyer's Agent
Michael George
Nest Seekers LLC
List Price
$975,000
Sold Price
$755,000
Premium/Discount to List
-$220,000
-22.56%
Current Estimated Value
$1,022,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,333
Avg. Annual Appreciation
9.44%
Original Mortgage
$679,000
Outstanding Balance
$650,126
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$372,207
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
715 E 226Th St Llc $755,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 715 E 226Th St Llc $679,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2022 07/28/22 Sold $755,000 -22.6% $171 / Sq Ft
01/24/2022 01/24/22 Pending -- -- --
11/01/2021 11/01/21 For Sale $975,000 +29.1% $220 / Sq Ft
07/27/2021 07/27/21 Off Market $755,000 -- --
07/16/2021 07/16/21 For Sale $975,000 -- $220 / 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 $6,223 $32,844 $3,600 $29,244
2024 $6,223 $30,985 $3,575 $27,410
2023 $5,937 $29,232 $3,930 $25,302
2022 $5,261 $60,300 $9,180 $51,120
2021 $5,499 $48,960 $9,180 $39,780
2020 $5,184 $42,360 $9,180 $33,180
2019 $4,799 $34,140 $9,180 $24,960
2018 $4,379 $24,360 $9,180 $15,180
2017 $5,323 $27,841 $8,987 $18,854
2016 $4,918 $26,266 $7,202 $19,064
2015 $3,260 $24,780 $8,280 $16,500
2014 $3,260 $24,480 $8,280 $16,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6131113

OneKey® MLS

APN: 04840-0037