NOT LISTED FOR SALE

735 E 228th St Bronx, NY 10466

Wakefield Neighborhood

Estimated Value: $723,059 - $957,000

7 Beds
3 Baths
2,860 Sq Ft
$284/Sq Ft Est. Value

Last Sold December 11, 2019

Last sale price $690,000 $241 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,864/month

22 Days on Market

Highlights

  • Active Adult
  • 4-minute walk to 225 Street
  • Park
  • Property is near public transit
  • 1 Car Detached Garage
  • Hot Water Heating System

About This Home

As of December 2019

This is a one of a kind Charming, Brick, Two family house. Beautiful hardwood floors, and plenty of natural light throughout the home's open airy layout. You have to see it to believe it. Close to shops, trains, metro north. 1st Floor: 2 bedroom, 1 bath 2nd floor :3 bedroom , 1 bath basement: 2 bedrooms, 1 bath; with a nice size deck. sub-basement: High Ceiling, generously-sized with finish bath Spacious backyard for entertaining, New Roof, New Hot water Tank; Parking garage

Last Agent to Sell the Property

KIBRET MOOYOUNG

Voro LLC License #10401220416 Listed on: 09/16/2019

Last Buyer's Agent

John Lajara

eXp Realty License #40LA1150781

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,002

Year Built

  • Built in 1950

Lot Details

  • No Common Walls
  • Fenced

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • 2,860 Sq Ft Home
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Finished Basement

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

Location

  • Property is near public transit

Utilities

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

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 04842-0022

Community Details

Overview

  • Active Adult
  • 3 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,002

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: See Remarks
  • Property SubType: Multi Family
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Finished, Full, See Remarks, Walk-Out Access
  • Total Bedrooms: 7
  • Living Area: 2860.00
  • Square Footage: 2860.00

Exterior Features

  • Construction Materials: Brick, Other
  • Fencing: Fenced

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Description: Detached, 1 Car Detached, Driveway, Other

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Other, Hot Water, See Remarks
  • Hot Water: See Remarks
  • Sewer: Public Sewer
  • Water Source: Public, See Remarks

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: Yes

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Features: Near Public Transit
  • Parcel Number: 04842-0022
  • Property Attached: No

Rental Info

  • Tenant Pays: Electricity, See Remarks

Tax Info

  • Close Date: 2019-12-11
  • Tax Annual Amount: 1002.00
  • Tax Map Number: 04842-0022

Multi Family

  • Units Total: 3
  • Two Bedrooms: 2
  • Three Bedrooms: 1
  • Separate Electric Meters: 3
  • 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
Sep 16, 2019
Closed on
Dec 11, 2019
Sold by
Moo Young Laurine and Moo Young Vernal
Bought by
Stanley April and Stanley Richard
Seller's Agent
KIBRET MOOYOUNG
Voro LLC
Buyer's Agent
John Lajara
eXp Realty
List Price
$720,000
Sold Price
$690,000
Premium/Discount to List
-$30,000
-4.17%
Current Estimated Value
$811,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,015
Avg. Annual Appreciation
2.71%
Original Mortgage
$711,868
Outstanding Balance
$626,261
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$184,754

Purchase Details

Closed on
Jan 16, 2007
Sold by
Golding David
Bought by
Moo Young Vernal and Moo Young Laurine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,500
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 6, 2005
Sold by
Ingram Laurine and Moo-Young Vernal
Bought by
Moo-Young Terri A

Purchase Details

Closed on
Feb 5, 2004
Sold by
Edwards Palnie and Johnson Haywood
Bought by
Ingram Laurine and Moo-Young Vernal

Purchase Details

Closed on
Feb 23, 1999
Sold by
Ruddock Logan and Ruddock Delores
Bought by
Johnson Haywood and Moo Young Terri Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,939
Interest Rate
6.82%
Mortgage Type
FHA
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
Stanley April $725,000 --
Stanley April $725,000 --
Moo Young Vernal $530,000 --
Moo Young Vernal $530,000 --
Moo-Young Terri A -- --
Moo-Young Terri A -- --
Ingram Laurine -- --
Ingram Laurine -- --
Johnson Haywood $247,000 The Judicial Title Ins Agenc
Johnson Haywood $247,000 The Judicial Title Ins Agenc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stanley April $711,868
Closed Stanley April $711,868
Previous Owner Moo Young Vernal $450,500
Previous Owner Johnson Haywood $244,939
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2019 12/11/19 Sold $690,000 -4.2% $241 / Sq Ft
10/08/2019 10/08/19 Pending -- -- --
09/16/2019 09/16/19 For Sale $720,000 -- $252 / 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 $7,375 $38,923 $8,329 $30,594
2024 $7,375 $36,720 $8,396 $28,324
2023 $7,457 $36,720 $8,358 $28,362
2022 $6,978 $40,560 $9,000 $31,560
2021 $6,940 $36,300 $9,000 $27,300
2020 $6,866 $34,560 $9,000 $25,560
2019 $6,401 $35,640 $9,000 $26,640
2018 $6,238 $30,600 $8,861 $21,739
2017 $5,938 $29,128 $8,402 $20,726
2016 $5,494 $27,480 $9,000 $18,480
2015 $3,498 $27,030 $9,212 $17,818
2014 $3,498 $25,500 $10,020 $15,480
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2019

    KIBRET MOOYOUNG

    Voro LLC

    Section Image
  • John Lajara

    Buyer's Agent in 2019

    John Lajara

    eXp Realty

    (917) 451-5261

    4 in this area

    161 Total Sales

    John Lajara
    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY5065827

OneKey® MLS

APN: 04842-0022

New York Bronx County Bronx 10466 Wakefield

735 E 228th St, Bronx, NY

Not Listed for Sale

MultiFamily

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