NOT LISTED FOR SALE

762 E 221st St Bronx, NY 10467

Williamsbridge Neighborhood

Estimated Value: $817,000 - $867,000

4 Beds
2 Baths
3,150 Sq Ft
$267/Sq Ft Est. Value

Sale Details

Date Sold: November 13, 2024

Last sale price $725,000 $230 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,073 / mo

43 Days on Market

Highlights

  • 5,712 Sq Ft lot
  • 4-minute walk to 219 Street
  • Hot Water Heating System
  • Colonial Architecture

About This Home

As of November 2024

Welcome to an exceptional investment opportunity nestled on a spacious double lot - presenting a prime canvas for savvy investors or forward-thinking homeowners eager to embark on a transformative journey. This captivating two-family property stands as a testament to potential, awaiting a visionary touch to unlock its true brilliance. Boasting a versatile layout across two units, this property offers ample room for customization and creative adaptation. Whether you're seeking to capitalize on the rental market or envisioning your dream home, the possibilities are endless. Embracing a blank slate approach, the property is being offered vacant and as-is, inviting prospective buyers to explore its untapped potential. It's an invitation to roll up your sleeves and breathe new life into this diamond in the rough through a comprehensive gut renovation project. As you embark on this exciting venture, thorough due diligence is encouraged to uncover the property's full scope of opportunities and any pertinent zoning or construction regulations. With careful planning and a discerning eye, you have the chance to reimagine this space, crafting a masterpiece that reflects your unique vision and style. Don't miss out on the chance to seize this remarkable opportunity and embark on a journey of transformation. Embrace the challenge, and let your creativity flourish as you turn this hidden gem into a shining beacon of possibility.

Last Agent to Sell the Property

Aaron Ram

RE/MAX City Square Brokerage Phone: 718-570-7690 License #10301214421 Listed on: 06/10/2024

RE/MAX City Square

Last Buyer's Agent

Aaron Ram

RE/MAX City Square Brokerage Phone: 718-570-7690 License #10301214421 Listed on: 06/10/2024

RE/MAX City Square

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,333

Year Built

  • Built in 1910

Lot Details

  • 5,712 Sq Ft Lot
  • Lot Dimensions are 50x114.25

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Colonial Architecture
  • Frame Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House

Schools

  • Ps 21 Philip H Sheridan Elementary School
  • Bronx Green Middle School
  • Bronx High Sch-Writing & Comm Arts

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 86 / 4668
  • Assessor Parcel Number 04668-0086

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,333

Year Built

Built in 1910

Lot Details

5,712 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Duplex
  • Year Built: 1910
  • Attribution Contact: 718-570-7690
  • CurrentPrice: 725000.00
  • MlsMajorChangeType: Sold
  • ListPrice_By_OriginalListPrice: 1.00000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Basement: Full
  • Total Bedrooms: 4
  • Fireplace: No
  • Basement YN: No

Exterior Features

  • Construction Materials: Frame
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking Description: Off Street

Utilities

  • Cooling: None
  • Heating: Hot Water, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Bronx Green Middle School

Lot Info

  • Lot Dimensions: 50x114.25
  • Lot Size Sq Ft: 5712
  • Parcel Number: 04668-0086
  • Property Attached: No

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 6333
  • Tax Block: 4668
  • Tax Lot: 86

MLS Schools

  • Elementary School: Ps 21 Philip H Sheridan
  • High School: Bronx High Sch-Writing & Comm Arts

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2024
Closed on
Dec 4, 2024
Sold by
Bought by
Seller's Agent
Aaron Ram
RE/MAX City Square
Buyer's Agent
Aaron Ram
RE/MAX City Square
List Price
$799,000
Sold Price
$725,000
Premium/Discount to List
-$74,000
-9.26%
Current Estimated Value
$840,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,761
Avg. Annual Appreciation
9.39%
Original Mortgage
$616,250
Interest Rate
0.0654%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 21, 1998
Sold by
Bought by

Purchase Details

Closed on
Oct 12, 1994
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$725,000 --
-- --
-- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $616,250
Closed $150,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/13/2024 11/13/24 Sold $725,000 -9.3% $230 / Sq Ft
07/23/2024 07/23/24 Pending -- -- --
06/10/2024 06/10/24 For Sale $799,000 -- $254 / Sq Ft
Source: OneKey® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $6,713 $33,680 $6,719 $26,961
2025 $6,713 $33,422 $6,294 $27,128
2024 $6,333 $31,531 $6,643 $24,888
2023 $6,042 $29,748 $6,049 $23,699
2022 $5,603 $39,180 $9,480 $29,700
2021 $5,907 $41,160 $9,480 $31,680
2020 $5,895 $42,420 $9,480 $32,940
2019 $5,497 $42,180 $9,480 $32,700
2018 $5,053 $24,790 $6,945 $17,845
2017 $4,768 $23,389 $6,882 $16,507
2016 $4,676 $23,389 $7,511 $15,878
2015 $2,661 $23,210 $9,456 $13,754
2014 $2,661 $21,897 $8,165 $13,732
Source: Public Records

Agents Affiliated with this Home

  • Aaron Ram

    Seller's Agent in 2024

    Aaron Ram

    RE/MAX

    (718) 736-4386

    1 in this area

    37 Total Sales

    Aaron Ram
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Map

Source: OneKey® MLS

MLS Number: L3557972

OneKey® MLS

APN: 04668-0086

New York Bronx County Bronx 10467 Williamsbridge

762 E 221st St, Bronx, NY

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Based on information submitted to the MLS GRID
Listings courtesy of OneKey® MLS as distributed by MLS GRID

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