NOT LISTED FOR SALE

Estimated Value: $645,000 - $1,023,000

6 Beds
2 Baths
2,060 Sq Ft
$386/Sq Ft Est. Value

Last Sold September 20, 2022

Last sale price $535,000 $260 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,774/month

71 Days on Market

Highlights

  • Water Access
  • Property is near public transit
  • Balcony
  • Colonial Architecture
  • Main Floor Primary Bedroom
  • Eat-In Kitchen

About This Home

As of September 2022

Rare opportunity for the savvy investor / buyer. Your personal renovation touch will bring this brick beauty to life! Legal two-family home which boasts a three-bedroom unit, with eat-in kitchen and rear patio entrance, over another three-bedroom unit and fully finished basement that has a separate entrance and is an income generator. There are many student rental opportunities in area from nearby Fordham University. Located in the heart of Belmont area, walking distance to Bronx Zoo, Botanical Garden, Fordham University, many fine restaurants in Little Italy, and St. Barnabas Hospital. Access to local city buses and a short walk to the the D and B trains, as well as Metro North. This property is R7-1 zoned. Water heater is two years old. Furnace is inspected and maintained regularly. Roof resurfaced one year ago. Electrical updated two years ago and basement has separate wiring. Don't let this opportunity pass you by!

Last Listed By

Dean Bailey

Dean Bailey Agency License #10491210807 Listed on: 07/26/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,614

Year Built

  • Built in 1905

Lot Details

  • Two or More Common Walls
  • Fenced

Home Design

  • 2,060 Sq Ft Home
  • Colonial Architecture
  • Brick Exterior Construction
  • Stucco

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Finished Basement

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

Outdoor Features

  • Water Access
  • Balcony

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Oil
  • Oil Water Heater
  • Municipal Trash

Additional Features

  • Eat-In Kitchen
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 03098-0056

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

$3,614

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1905
  • Attribution Contact: 917-597-7857
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Master Downstairs, Eat-in Kitchen
  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 6
  • Living Area: 2060.00
  • Square Footage: 2060.00

Exterior Features

  • Construction Materials: Brick, Stucco
  • Waterfront Features: Water Access
  • Fencing: Fenced
  • Exterior Features: Balcony

Garage/Parking

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

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Garbage Removal: Public
  • Heating: Oil, Baseboard
  • 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

  • Elementary School: Call Listing Agent
  • Middle School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School: Call Listing Agent

Lot Info

  • Lot Features: Near Public Transit
  • Parcel Number: 03098-0056
  • Property Attached: Yes

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Close Date: 2022-09-20
  • Included in Taxes: Sewer, Trash
  • Tax Annual Amount: 3614.00
  • Tax Map Number: 03098-0056

Multi Family

  • Units Total: 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

Listed on
Jul 26, 2021
Closed on
Sep 19, 2022
Sold by
Jackson Arthur and Jackson Tanya
Bought by
717 E 181 Llc
Seller's Agent
Dean Bailey
Dean Bailey Agency
List Price
$630,000
Sold Price
$535,000
Premium/Discount to List
-$95,000
-15.08%
Total Days on Market
71
Current Estimated Value
$795,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,122
Avg. Annual Appreciation
13.68%
Original Mortgage
$401,250
Outstanding Balance
$387,282
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$368,004

Purchase Details

Closed on
Jan 15, 2016
Sold by
Jackson Tanya and Jackson Tanya Rachelle
Bought by
Jackson Arthur and Jackson Tanya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
3.59%
Mortgage Type
Unknown

Purchase Details

Closed on
May 9, 2015
Sold by
Hoard William L
Bought by
Jackson Tanya Rachelle

Range of Values:

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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
717 E 181 Llc $535,000 --
Jackson Arthur -- --
Jackson Tanya Rachelle -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 717 E 181 Llc $401,250
Previous Owner Jackson Arthur $285,200
Previous Owner Jackson Arthur $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2022 09/20/22 Sold $535,000 -15.1% $260 / Sq Ft
10/05/2021 10/05/21 Pending -- -- --
07/26/2021 07/26/21 For Sale $630,000 -- $306 / 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
2024 $3,886 $19,348 $3,540 $15,808
2023 $3,754 $18,486 $3,686 $14,800
2022 $3,612 $38,100 $7,860 $30,240
2021 $3,596 $35,700 $7,860 $27,840
2020 $3,614 $34,860 $7,860 $27,000
2019 $3,373 $18,360 $7,860 $10,500
2016 $2,226 $14,239 $4,617 $9,622
2015 $1,277 $14,230 $5,531 $8,699
2014 $1,277 $13,436 $6,264 $7,172
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6133276

OneKey® MLS

APN: 03098-0056