NOT LISTED FOR SALE

Estimated Value: $1,095,000 - $1,227,000

8 Beds
6 Baths
3,510 Sq Ft
$323/Sq Ft Est. Value

Last Sold August 18, 2022

Last sale price $995,000 $283 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $6,707/month

91 Days on Market

Highlights

  • Community Garden
  • 5-minute walk to 225 Street
  • Garage
  • Patio

About This Home

As of August 2022

*Due to current occupancy, 48hrs notice is required for all showings.* 733 East 229th is an excellent investment opportunity which offers 4 turnkey, fully occupied units, a secured garage, and off street parking. Built in 2008, this property is an ideal house-hack opportunity! The attached, brick-front property features one 1bed/1bath ground floor unit with a huge backyard, one 1 bed/1 bath basement unit, and two 3 bed/2 Bath floor through apartments with balconies. Currently a 3 family CO, each of the units are rented below market and present an opportunity for the new owner to live rent free! Located just a few blocks from the 2 and 5 trains and two blocks from Van Cortland Park, the location is very convenient. A few small updates would allow to an investor/owner to command premium rent rates. Don't miss this opportunity to own a piece of the Bronx renaissance. Breakdown of Current Occupancy: Basement: 1Bd/1Ba (Not on CofO): $1,050/ Month | Month to Month
1st Floor: 1Bd/1Ba: $1,350/Month | On Lease until Sept 2023
2nd Floor: 3Bd/2Ba: $1,800/Month | On Lease until June 2023
3rd Floor: 3Bd/2Ba: $1,800Month | On Lease until June 2023 Tenants Pay: All Utilities

Last Agent to Sell the Property

Sean Sasso

Compass License #10401253886 Listed on: 03/28/2022

Compass

Co-Listed By

Richard Rojas

Serhant License #10401250328

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2008

Lot Details

  • 2,309

Parking

  • Garage

Interior Spaces

  • 3,510 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Full Bathrooms

Additional Features

  • Patio
  • Lot Dimensions are 20.0 x 114.0

Listing and Financial Details

  • Legal Lot and Block 124 / 4843

Community Details

Overview

  • Williamsbridge Subdivision

Amenities

  • Community Garden
  • Building Patio

Home Details

Home Type

Single Family

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Cross Street: White Plains Road/Barnes Avenue
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Williamsbridge
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Living Area: 3510.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 6
  • Bathrooms Integer: 6
  • Bedrooms: 8

Exterior Features

  • Exterior Features: Building Garden
  • Patio/Porch Features: Building Patio, Patio

Garage/Parking

  • Garage: Yes

Lot Info

  • Lot Size Dimensions: 20.0 x 114.0

Building Info

  • Total Stories: 3
  • Year Built: 2008

Tax Info

  • Tax Block: 4843
  • Tax Lot: 124

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2022
Closed on
Aug 16, 2022
Sold by
Jagopat Rena and Jagopat Samantha
Bought by
Egwu Catherine and Egwu Innocent
Seller's Agent
Sean Sasso
Compass
List Price
$995,000
Sold Price
$995,000
Views
6
Current Estimated Value
$1,132,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,392
Avg. Annual Appreciation
3.95%
Original Mortgage
$747,750
Outstanding Balance
$714,887
Interest Rate
5.51%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$417,505

Purchase Details

Closed on
Apr 6, 2009
Sold by
Laguna Development Corp
Bought by
Jagopat Rena and Jagopat Samantha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,714
Interest Rate
4.94%
Mortgage Type
Purchase Money Mortgage
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
Egwu Catherine $997,000 --
Jagopat Rena $637,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Egwu Catherine $747,750
Previous Owner Jagopat Rena $612,714
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2022 08/18/22 Sold $995,000 0.0% $283 / Sq Ft
03/29/2022 03/29/22 For Sale $995,000 -- $283 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $9,283 $46,570 $4,722 $41,848
2024 $9,283 $46,219 $4,264 $41,955
2023 $8,855 $43,603 $3,662 $39,941
2022 $8,212 $52,200 $5,220 $46,980
2021 $8,167 $46,920 $5,220 $41,700
2020 $8,215 $47,160 $5,220 $41,940
2019 $8,057 $47,160 $5,220 $41,940
2018 $7,407 $36,336 $4,360 $31,976
2017 $6,988 $34,280 $4,889 $29,391
2016 $6,465 $32,340 $5,220 $27,120
2015 $5,419 $33,480 $5,400 $28,080
2014 $5,419 $33,480 $5,400 $28,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10790385

Real Estate Board of New York (REBNY)

APN: 04843-0124