NOT LISTED FOR SALE

Estimated Value: $532,000 - $713,000

3 Beds
1 Bath
1,200 Sq Ft
$500/Sq Ft Est. Value

Last Sold April 26, 2023

Last sale price $405,000 $338 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,636/month

7 Days on Market

Highlights

  • Property is near public transit
  • Patio
  • Baseboard Heating
  • Ranch Style House
  • Park

About This Home

As of April 2023

Welcome to this potential investment opportunity located in the Bronx, NY. This property is a fixer-upper in need of some TLC but has the potential to become a beautiful and profitable investment. Upon entering the property, you will notice that it is in need of significant renovations. However, the property's structure is sound, providing a solid foundation for potential updates and upgrades. The interior of the house is in need of cosmetic improvements such as new paint, flooring, and fixtures. The kitchen and bathrooms require updates, including new appliances and plumbing fixtures. With some creative vision and renovation, this property could transform into a beautiful, livable space. The property's location in the Bronx provides convenient access to local amenities, transportation, and shopping. The potential for a high ROI makes this property an excellent investment opportunity for the right buyer. If you're looking for a diamond in the rough, this property could be your perfect investment opportunity.

Last Agent to Sell the Property

Jensen Ambachen

Apollo Point Realty LLC License #10491211894 Listed on: 04/10/2023

Last Buyer's Agent

Omar Alrobaye

eXp Realty License #10401344257

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,891

Year Built

  • Built in 1920

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 25x100

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • Public Parking
  • Private Parking
  • On-Street Parking
  • Off-Street Parking

Schools

  • Ps 14 Senator John Calandra Elementary School
  • Urban Institute Of Mathematics Middle School
  • Herbert H Lehman High School

Utilities

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

Additional Features

  • Patio
  • Property is near public transit
  • Unfinished Basement

Community Details

  • Park

Listing and Financial Details

  • Legal Lot and Block 20 / 5432
  • Assessor Parcel Number 05432-0020

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,891

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Ranch
  • Property SubType: Single Family Residence
  • Year Built: 1920
  • New Construction: No
  • Village: Bronx
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Basement: Unfinished
  • Total Bedrooms: 3
  • AtticDescription: Unfinished
  • NumberOfKitchens: 1

Exterior Features

  • Construction Materials: Frame, Vinyl Siding
  • Patio and Porch Features: Patio
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Private, Off Street, Public Parking, On Street

Utilities

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

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Urban Institute Of Mathematics

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 25x100
  • Lot Size Sq Ft: 2500
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 05432-0020
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 4891.44
  • Tax Block: 5432
  • Tax Lot: 20
  • Tax Map Number: 05432-0020
  • IncludedInTaxes: Water

MLS Schools

  • Elementary School: Ps 14 Senator John Calandra
  • High School: Herbert H Lehman High School
  • Middle School District: Bronx 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2024
Sold by
740 Edison Avenue Llc
Bought by
Lekram Balram
Current Estimated Value
$599,665

Purchase Details

Listed on
Apr 10, 2023
Closed on
Apr 26, 2023
Sold by
Planar Future 5 Llc
Bought by
740 Edison Avenue Llc
Seller's Agent
Jensen Ambachen
Apollo Point Realty LLC
Buyer's Agent
Omar Alrobaye
eXp Realty
List Price
$419,000
Sold Price
$405,000
Premium/Discount to List
-$14,000
-3.34%
Views
57

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.34%
Original Mortgage
$320,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 10, 2023
Closed on
Feb 28, 2023
Sold by
Ruiz Arturo and Ruiz Moises
Bought by
Ruiz Moises
Seller's Agent
Jensen Ambachen
Apollo Point Realty LLC
Buyer's Agent
Omar Alrobaye
eXp Realty
List Price
$419,000
Sold Price
$405,000
Premium/Discount to List
-$14,000
-3.34%
Views
57

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 2003
Sold by
Caruso Gale M and Caruso Michael V
Bought by
Kercado Elena E

Purchase Details

Closed on
Mar 23, 1994
Sold by
Stone Josephine and Stone Anthony J
Bought by
Caruso Michael V and Caruso Gale M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,750
Interest Rate
8.22%
Mortgage Type
Purchase Money Mortgage
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
Lekram Balram -- --
Lekram Balram -- --
740 Edison Avenue Llc $405,000 --
740 Edison Avenue Llc $405,000 --
Ruiz Moises -- --
Planar Future 5 Llc $275,000 --
Ruiz Moises -- --
Kercado Elena E $252,500 --
Kercado Elena E $252,500 --
Caruso Michael V $85,000 --
Caruso Michael V $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 740 Edison Avenue Llc $320,000
Previous Owner Caruso Michael V $80,750
Closed Kercado Elena E $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2023 04/26/23 Sold $405,000 -3.3% $338 / Sq Ft
04/18/2023 04/18/23 Pending -- -- --
04/10/2023 04/10/23 For Sale $419,000 -- $349 / Sq Ft
Source: OneKey® MLS

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 $5,435 $28,680 $7,406 $21,274
2024 $5,435 $27,059 $7,053 $20,006
2023 $5,184 $25,528 $7,115 $18,413
2022 $4,808 $32,400 $9,900 $22,500
2021 $5,069 $29,280 $9,900 $19,380
2020 $5,059 $29,460 $9,900 $19,560
2019 $4,717 $30,360 $9,900 $20,460
2018 $4,336 $21,273 $9,487 $11,786
2017 $4,091 $20,071 $8,157 $11,914
2016 $4,012 $20,071 $8,019 $12,052
2015 $2,284 $19,917 $9,492 $10,425
2014 $2,284 $18,791 $9,881 $8,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3470051

OneKey® MLS

APN: 05432-0020