NOT LISTED FOR SALE

742 E 228th St Bronx, NY 10466

Wakefield Neighborhood

Estimated Value: $638,032 - $967,000

4 Beds
2 Baths
1,632 Sq Ft
$507/Sq Ft Est. Value

Last Sold August 14, 2018

Last sale price $332,000 $203 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $5,146/month

85 Days on Market

Highlights

  • 0.08 Acre Lot
  • 4-minute walk to 225 Street
  • Main Floor Bedroom
  • Colonial Architecture
  • Property is near public transit
  • 1 Car Attached Garage

About This Home

As of August 2018

" Decissions may take 1 week. Contact agent vendor direclty for inf. 5% or $2,500 minimum buyer's premium paid at closing. Bank of America employees,spouse or domestic partner,household members,business partners and insiders are prohibited from purchasing". Wakefield Vicinity: Great builders opportunity to own this 2 family Brick, semi-detached. Features 2 Bedrooms and 2 bedrooms apartments. Attached Garage. Restricted Access to the inside. Property is considered a tear down,Fire Damages. Just outside view it. Online auction April 29- May first,2018

Last Agent to Sell the Property

Miriam Soto

RE/MAX Top Brokerage Phone: 718-684-5228 License #30SO0828290 Listed on: 04/13/2018

RE/MAX Top

Last Buyer's Agent

Non Non OneKey Agent

Non-Member MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,121

Year Built

  • Built in 1940

Lot Details

  • 3,398 Sq Ft Lot
  • Property fronts an easement
  • Two or More Common Walls

Parking

  • 1 Car Attached Garage

Home Design

  • 1,632 Sq Ft Home
  • Colonial Architecture
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Location

  • Property is near public transit

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Hydro-Air Heating System

Additional Features

  • Partially Finished Basement

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Assessor Parcel Number 04841-0075

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,121

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1940
  • Attribution Contact: 718-684-5228
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: First Floor Bedroom
  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Basement: Partially Finished
  • Total Bedrooms: 4
  • Living Area: 1632
  • Owner Pays: Insurance
  • SquareFootage: 1632.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Total Parking Spaces: 2
  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Attached, 1 Car Attached

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hydro Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 1

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdditionalFeesYN: 0

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Dimensions: 0.0780
  • Lot Size Sq Ft: 3398
  • Lot Size Units: Acres
  • Lot Features: Easement, Near Public Transit
  • Parcel Number: 04841-0075
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cooking Gas, Electricity

Multi Family

  • Fuel Expense: 2500
  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf1Bedrooms: 0
  • NumberOf2Bedrooms: 1
  • NumberOf3Bedrooms: 0
  • NumberOf4Bedrooms: 0

Tax Info

  • Tax Annual Amount: 5121
  • Tax Map Number: 04841-0075
  • IncludedInTaxes: Trash

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
Nov 12, 2019
Sold by
Prime Plaza Home Llc
Bought by
Egbuka Stella Chinedu and Esan Olusegun
Current Estimated Value
$827,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$745,252
Outstanding Balance
$660,027
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$167,584

Purchase Details

Listed on
Apr 13, 2018
Closed on
Aug 13, 2018
Sold by
Bank Of America N A
Bought by
Prime Plaza Home Llc
Seller's Agent
Miriam Soto
RE/MAX Top
Buyer's Agent
Non Non OneKey Agent
Non-Member MLS
List Price
$95,900
Sold Price
$332,000
Premium/Discount to List
$236,100
246.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.85%
Original Mortgage
$340,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2013
Sold by
Mortgage Electronic Registration Systems
Bought by
Bank Of America N A

Purchase Details

Closed on
Nov 19, 2002
Sold by
Thomas David Esq
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Sep 29, 1998
Sold by
Lamarr Emma
Bought by
Ghani Abdool

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,800
Interest Rate
6.8%
Mortgage Type
FHA
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
Egbuka Stella Chinedu $759,000 --
Prime Plaza Home Llc $348,600 --
Bank Of America N A -- --
Mortgage Electronic Registration Systems $500 --
Ghani Abdool $150,000 Old Republic Natl Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Cbenga Suru $0
Open Egbuka Stella Chinedu $745,252
Previous Owner Prime Plaza Home Llc $340,000
Previous Owner Ghani Abdool $202,500
Previous Owner Ghani Abdool $151,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2018 08/14/18 Sold $332,000 +246.2% $203 / Sq Ft
04/12/2018 04/12/18 Pending -- -- --
04/12/2018 04/12/18 For Sale $95,900 -- $59 / 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 $7,651 $38,959 $6,875 $32,084
2024 $7,651 $38,095 $6,980 $31,115
2023 $7,699 $37,909 $7,117 $30,792
2022 $7,207 $47,940 $9,180 $38,760
2021 $7,238 $40,080 $9,180 $30,900
2020 $5,822 $34,440 $9,180 $25,260
2019 $5,603 $30,960 $9,180 $21,780
2018 $5,428 $26,629 $7,896 $18,733
2017 $5,121 $25,122 $8,959 $16,163
2016 $4,738 $23,700 $9,180 $14,520
2015 $3,109 $22,920 $10,200 $12,720
2014 $3,109 $22,320 $10,200 $12,120
Source: Public Records

Agents Affiliated with this Home

  • Miriam Soto

    Seller's Agent in 2018

    Miriam Soto

    RE/MAX Top

    (917) 837-7600

    1 in this area

    27 Total Sales

    Miriam Soto
    Section Image

  • N

    Buyer's Agent in 2018

    Non Non OneKey Agent

    Non-Member MLS

See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY4815437

OneKey® MLS

APN: 04841-0075

New York Bronx County Bronx 10466 Wakefield

742 E 228th St, Bronx, NY

This home is located at 742 E 228th St, Bronx, NY 10466 since 13 April 2018 and is currently estimated at $827,258, approximately $506 per square foot. This property was built in 1940. 742 E 228th 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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