NOT LISTED FOR SALE

Estimated Value: $680,000 - $1,082,000

6 Beds
2 Baths
2,000 Sq Ft
$419/Sq Ft Est. Value

Last Sold June 26, 2015

Last sale price $298,000 $149 Per Sq Ft

Est. 181% increase in value since last sale

Current estimated payment $4,924/month

98 Days on Market

Highlights

  • Colonial Architecture
  • Heating System Uses Steam
  • 5-minute walk to Wakefield-241 Street

About This Home

As of June 2015

This home is located at 720 E 243rd St, Bronx, NY 10470 since 21 November 2014 and is currently estimated at $838,003, approximately $419 per square foot. This property was built in 1920. 720 E 243rd St is a home located in Bronx County with nearby schools including P.S. 16 Wakefield, North Bronx School of Empowerment, and St Francis Of Assisi School.

Last Agent to Sell the Property

Paul Luciano

Utopia Realty Inc. Brokerage Phone: 718-359-1900 License #10311204693 Listed on: 11/21/2014

Last Buyer's Agent

Paul Luciano

Utopia Realty Inc. Brokerage Phone: 718-359-1900 License #10311204693 Listed on: 11/21/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,838

Year Built

  • Built in 1920

Lot Details

  • No Common Walls

Parking

  • No Garage

Home Design

  • 2,000 Sq Ft Home
  • Colonial Architecture

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 05115-0041

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,838

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1920
  • Attribution Contact: 718-359-1900
  • Village: Bronx
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Living Area: 2000
  • SquareFootage: 2000.00
  • SquareFootageSource: Other

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: No Garage

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Steam
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Parcel Number: 05115-0041
  • Property Attached: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf3Bedrooms: 2

Tax Info

  • Tax Annual Amount: 4838
  • Tax Map Number: 05115-0041
  • IncludedInTaxes: Sewer

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
Oct 6, 2016
Sold by
West Pond Farm Inc
Bought by
Kelly Alfred and Quintero Rojas Karen
Current Estimated Value
$838,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$652,955
Outstanding Balance
$523,466
Interest Rate
3.46%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$314,537

Purchase Details

Listed on
Nov 21, 2014
Closed on
Jun 26, 2015
Sold by
Deutsche Bank National Trust Company As
Bought by
West Pond Farm Inc
Seller's Agent
Paul Luciano
Utopia Realty Inc.
Buyer's Agent
Paul Luciano
Utopia Realty Inc.
List Price
$399,900
Sold Price
$298,000
Premium/Discount to List
-$101,900
-25.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.33%

Purchase Details

Closed on
Dec 22, 2014
Sold by
Baker As Referee Steven J
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Oct 17, 2006
Sold by
Wood Hyacinth V and Wood Reginald A
Bought by
Olokpa Florence
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
Kelly Alfred $665,000 --
West Pond Farm Inc $302,172 --
Deutsche Bank National Trust Company $2,262 --
Olokpa Florence $510,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Alfred $652,955
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2015 06/26/15 Sold $298,000 -25.5% $149 / Sq Ft
02/28/2015 02/28/15 Pending -- -- --
11/21/2014 11/21/14 For Sale $399,900 -- $200 / 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 $6,404 $33,794 $6,645 $27,149
2024 $6,404 $31,882 $5,790 $26,092
2023 $6,475 $31,882 $6,540 $25,342
2022 $6,317 $46,860 $9,120 $37,740
2021 $6,282 $41,040 $9,120 $31,920
2020 $5,961 $40,080 $9,120 $30,960
2019 $5,558 $38,700 $9,120 $29,580
2018 $5,416 $26,568 $5,819 $20,749
2017 $5,375 $26,368 $7,968 $18,400
2016 $4,973 $24,876 $7,547 $17,329
2015 $3,007 $23,468 $8,217 $15,251
2014 $3,007 $22,140 $8,760 $13,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4443828

OneKey® MLS

APN: 05115-0041