NOT LISTED FOR SALE

Estimated Value: $858,000 - $959,000

7 Beds
3 Baths
3,440 Sq Ft
$264/Sq Ft Est. Value

Last Sold August 25, 2022

Last sale price $790,000 $230 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,429/month

65 Days on Market

Highlights

  • 1 Car Attached Garage
  • Baseboard Heating
  • 4-minute walk to Gun Hill Road (2,5 Line)

About This Home

As of August 2022

Centrally located and bordering the Olinville-Williamsbridge area of the Bronx, 762 East 211 Street, offers great potential for a first-time homebuyer or an investor. Boasting 3 floors of living space (and an additional 1000+ sqft basement with high ceilings and 2 exits), private garage/driveway, and ample backyard space- you can create your dream townhouse and rent out the rest of the space, or use this property as an investment to generate a lucrative cash flow each month. Its proximity to multiple buses (Bx41, Bx41SBS, Bx39, Bx38, Bx30, Bx28), Subway (2 and 5 train), and highways (BRP, CCP, CPE, etc.) allow an easy commute into Manhattan and other areas of New York City. Call today for your private tour.

Last Agent to Sell the Property

Rafi Ahmad

GMA Enterprise Brokerage Phone: 718-322-4030 License #10311205666 Listed on: 02/06/2022

Co-Listed By

Devon Ramsamym

GMA Enterprise Brokerage Phone: 718-322-4030 License #10401334657

Last Buyer's Agent

Alban Preldakaj

RE/MAX Distinguished Hms.&Prop License #10401340085

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,332

Year Built

  • Built in 1955

Lot Details

  • 1,788 Sq Ft Lot
  • Lot Dimensions are 20.17x88.67
  • No Common Walls

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House

Schools

  • Acad-Personal Ldshp And Excellence Middle School
  • Belmont Preparatory High School

Utilities

  • No Cooling
  • Baseboard Heating

Listing and Financial Details

  • Legal Lot and Block 27 / 4659
  • Assessor Parcel Number 04659-0027

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,332

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Other
  • Property SubType: Multi Family
  • Year Built: 1955
  • New Construction: No
  • Attribution Contact: 718-322-4030
  • Co List Office Mls Id: ONEGMA01
  • Co List Office Phone: 718-322-4030
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Full
  • Total Bedrooms: 7
  • NumberOfKitchens: 3

Exterior Features

  • Construction Materials: Brick
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Private, Attached, 1 Car Attached

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Acad-Personal Ldshp And Excellence

Lot Info

  • Lot Size Acres: 0.04
  • Lot Size Area: 0.04
  • Lot Dimensions: 20.17x88.67
  • Lot Size Sq Ft: 1788
  • Lot Size Units: Acres
  • Parcel Number: 04659-0027
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No
  • Available Date: 2022-06-12

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 2331.63
  • Tax Block: 4659
  • Tax Lot: 27
  • Tax Map Number: 04659-0027
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • High School: Belmont Preparatory High School
  • Middle School District: Bronx 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2022
Closed on
Aug 25, 2022
Sold by
Salmon Pethra and Salmon Salmon
Bought by
Hossain Mofazzal and Sultana Mosammat
Seller's Agent
Rafi Ahmad
GMA Enterprise
Buyer's Agent
Alban Preldakaj
RE/MAX Distinguished Hms.&Prop
List Price
$847,000
Sold Price
$790,000
Premium/Discount to List
-$57,000
-6.73%
Current Estimated Value
$907,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,950
Avg. Annual Appreciation
4.56%
Original Mortgage
$615,000
Outstanding Balance
$588,899
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$319,051

Purchase Details

Closed on
Nov 22, 2011
Sold by
Scott Gavin
Bought by
Salmon Pethra and Salmon Yvonne

Purchase Details

Closed on
Apr 11, 2011
Sold by
Gavin Scott Distributee Of Miguel Scott
Bought by
Scott Gavin

Purchase Details

Closed on
Dec 17, 2004
Sold by
Scott Edwardo
Bought by
Scott Miguel B
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
Hossain Mofazzal $820,000 --
Hossain Mofazzal $820,000 --
Salmon Pethra -- --
Salmon Pethra -- --
Scott Gavin -- --
Scott Gavin -- --
Scott Miguel B -- --
Scott Miguel B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hossain Mofazzal $615,000
Closed Hossain Mofazzal $615,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2022 08/25/22 Sold $790,000 -6.0% $230 / Sq Ft
04/12/2022 04/12/22 Pending -- -- --
02/23/2022 02/23/22 Price Changed $840,000 -0.8% $244 / Sq Ft
02/06/2022 02/06/22 For Sale $847,000 -- $246 / 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 $7,150 $36,496 $5,684 $30,812
2024 $7,150 $35,597 $5,848 $29,749
2023 $6,940 $34,170 $4,861 $29,309
2022 $6,435 $53,220 $8,280 $44,940
2021 $6,400 $43,200 $8,280 $34,920
2020 $6,438 $37,380 $8,280 $29,100
2019 $6,205 $35,280 $8,280 $27,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3374337

OneKey® MLS

APN: 04659-0027