NOT LISTED FOR SALE

723 E 222nd St Bronx, NY 10467

Wakefield Neighborhood

Estimated Value: $987,803 - $1,123,000

8 Beds
3 Baths
3,150 Sq Ft
$340/Sq Ft Est. Value

Last Sold August 23, 2016

Last sale price $250,000 $79 Per Sq Ft

Est. 328% increase in value since last sale

Current estimated payment $6,297/month

2 Days on Market

Highlights

  • Property is near public transit
  • 4-minute walk to 225 Street
  • Eat-In Kitchen
  • Main Floor Bedroom
  • Detached Garage
  • Park

About This Home

As of August 2016

Short sale, 3 fam

Last Agent to Sell the Property

Clifton Morrison

JD Morrison Real Estate Corp Brokerage Phone: 718-412-2230 License #10311205387 Listed on: 12/21/2015

Last Buyer's Agent

Cornel Green

JD Morrison Real Estate Corp License #10401256597

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,969

Year Built

  • Built in 1931

Lot Details

  • 2,178 Sq Ft Lot
  • No Common Walls
  • Fenced
  • Level Lot

Home Design

  • 3,150 Sq Ft Home
  • Frame Construction
  • Vinyl Siding

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Parking

  • Detached Garage
  • No Garage
  • On-Street Parking

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Eat-In Kitchen
  • Property is near public transit
  • Unfinished Basement

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Assessor Parcel Number 04836-0035

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

$4,969

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1931
  • Attribution Contact: 718-412-2230
  • Village: Bronx
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: First Floor Bedroom, Eat-in Kitchen
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Unfinished
  • Total Bedrooms: 8
  • Living Area: 3150
  • SquareFootage: 3150.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame, Vinyl Siding
  • Fencing: Fenced

Garage/Parking

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

Utilities

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

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Dimensions: 0.0500
  • Lot Size Sq Ft: 2178
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 04836-0035
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cooking Gas, Electricity

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 4
  • Separate Gas Meters: 3
  • NumberOf2Bedrooms: 1
  • NumberOf3Bedrooms: 2

Tax Info

  • Tax Annual Amount: 4969
  • Tax Map Number: 04836-0035

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2019
Sold by
2241 Turnbull Ave Llc
Bought by
Lumaj Limon and Lumaj Regjine
Current Estimated Value
$1,069,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,000
Outstanding Balance
$538,052
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$531,899

Purchase Details

Closed on
Nov 10, 2017
Sold by
723 East 222Nd Street Llc
Bought by
2241 Turnbull Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
4.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 21, 2015
Closed on
Aug 23, 2016
Sold by
Campbell Joan
Bought by
723 East 222Nd Street Llc
Seller's Agent
Clifton Morrison
JD Morrison Real Estate Corp
Buyer's Agent
Cornel Green
JD Morrison Real Estate Corp
List Price
$420,000
Sold Price
$250,000
Premium/Discount to List
-$170,000
-40.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.24%

Purchase Details

Closed on
May 6, 1999
Sold by
Percy Victor
Bought by
Baksh Hafeez and Baksh Bibi
Source: Public Records

Range of Values:

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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
Lumaj Limon $765,000 --
2241 Turnbull Ave Llc $489,600 --
723 East 222Nd Street Llc $250,000 --
Baksh Hafeez $42,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lumaj Limon $612,000
Previous Owner 2241 Turnbull Ave Llc $504,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2016 08/23/16 Sold $250,000 -40.5% $79 / Sq Ft
12/24/2015 12/24/15 Pending -- -- --
12/21/2015 12/21/15 For Sale $420,000 -- $133 / 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 $7,501 $39,139 $5,637 $33,502
2024 $7,501 $37,348 $6,179 $31,169
2023 $7,156 $35,234 $6,252 $28,982
2022 $6,636 $49,380 $9,540 $39,840
2021 $6,996 $42,180 $9,540 $32,640
2020 $6,904 $39,720 $9,540 $30,180
2019 $6,511 $39,720 $9,540 $30,180
2018 $5,985 $29,362 $7,073 $22,289
2017 $5,647 $27,702 $8,097 $19,605
2016 $5,538 $27,702 $9,176 $18,526
2015 $3,152 $27,180 $10,620 $16,560
2014 $3,152 $25,936 $8,794 $17,142
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Clifton Morrison

    JD Morrison Real Estate Corp

    Section Image

  • C

    Buyer's Agent in 2016

    Cornel Green

    JD Morrison Real Estate Corp

See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY4553799

OneKey® MLS

APN: 04836-0035

New York Bronx County Bronx 10466 Wakefield

723 E 222nd St, Bronx, NY

This home is located at 723 E 222nd St, Bronx, NY 10467 since 21 December 2015 and is currently estimated at $1,069,951, approximately $339 per square foot. This property was built in 1931. 723 E 222nd St is a home located in Bronx County with nearby schools including Ps 21 Philip H Sheridan, North Bronx School of Empowerment, and Bronx Charter School For Excellence 3.

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