NOT LISTED FOR SALE

775 Adee Ave Bronx, NY 10467

Olinville Neighborhood

Estimated Value: $937,278 - $1,131,000

5 Beds
3 Baths
4,352 Sq Ft
$232/Sq Ft Est. Value

Last Sold November 22, 2021

Last sale price $833,000 $191 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,997/month

26 Days on Market

Highlights

  • Property is near public transit
  • 4-minute walk to Burke Avenue
  • Baseboard Heating
  • Window Unit Cooling System

About This Home

As of November 2021

775 Adee Ave is the opportunity you've been looking for! Interested in letting your tenants pay the bills? Want to add to your rental portfolio and cash flow immediately? Would you like to renovate something to realize instant equity? This 3 family home checks all the boxes... 3 Bed/1 bath on the first floor with two 1 bed / 1 bath apts upstairs. The oversized driveway can be used to decrease turnover & vacancy rates, increase the apt's rent roll and/or generate parking revenue as neighbors frequently ask to rent driveway spaces. Centrally located to shopping, NYC parks and the 2 and 5 trains at Burke Ave are only 4 blocks away. Take advantage of the historically low interest rates before they go up- schedule a private showing today.

Last Agent to Sell the Property

PJ Collins

Keller Williams Realty Group License #10401315589 Listed on: 04/29/2021

Keller Williams Realty Group

Last Buyer's Agent

PJ Collins

Keller Williams Realty Group License #10401315589 Listed on: 04/29/2021

Keller Williams Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,675

Year Built

  • Built in 1930

Lot Details

  • 3,419 Sq Ft Lot
  • No Common Walls

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4,352 Sq Ft Home
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 12 Parking Spaces
  • Driveway
  • Off-Street Parking

Location

  • Property is near public transit

Utilities

  • Window Unit Cooling System
  • 4 Heating Zones
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Assessor Parcel Number 04571-0007

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,675

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1930
  • Attribution Contact: 914-713-3270
  • 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: Walk-Out Access
  • Total Bedrooms: 5
  • Living Area: 4352.00
  • Square Footage: 4352.00

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Total Parking Spaces: 12.00
  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway, Off Street

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Hot Water: Gas Stand Alone
  • Heating Zones: 4
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Additional Fee: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.0800
  • Lot Size Sq Ft: 3419.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04571-0007
  • Property Attached: No

Rental Info

  • Hold Start Date: 2021-05-06
  • Tenant Pays: Cooking Gas, Electricity

Tax Info

  • Close Date: 2021-11-22
  • Included in Taxes: Sewer, Trash, Water
  • Tax Annual Amount: 7675.00
  • Tax Map Number: 04571-0007

Multi Family

  • Units Total: 3
  • 1 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
Apr 29, 2021
Closed on
Nov 22, 2021
Sold by
Estate Of Manuel Jara and Estate Of Manuel R Jara-Puma
Bought by
Miah Deluwar and Rose Afroza
Seller's Agent
PJ Collins
Keller Williams Realty Group
Buyer's Agent
PJ Collins
Keller Williams Realty Group
List Price
$825,000
Sold Price
$833,000
Premium/Discount to List
$8,000
0.97%
Current Estimated Value
$1,008,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,320
Avg. Annual Appreciation
4.68%
Original Mortgage
$666,400
Outstanding Balance
$610,644
Interest Rate
3.14%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$397,676

Purchase Details

Closed on
Dec 8, 2006
Sold by
Munnilal Baliram and Munnilal Esther M
Bought by
Jara Manuel R

Purchase Details

Closed on
Oct 7, 2003
Sold by
Munnilal Baliram and Munnilal Ramdat
Bought by
Munnilal Baliram and Munnilal Esther M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,791
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Miah Deluwar $833,000 --
Miah Deluwar $833,000 --
Jara Manuel R $540,000 --
Jara Manuel R $540,000 --
Munnilal Baliram -- --
Munnilal Baliram -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miah Deluwar $666,400
Closed Miah Deluwar $666,400
Previous Owner Munnilal Baliram $109,791
Closed Jara Manuel R $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2021 11/22/21 Sold $833,000 0.0% $191 / Sq Ft
05/25/2021 05/25/21 Pending -- -- --
05/06/2021 05/06/21 Off Market $833,000 -- --
04/29/2021 04/29/21 For Sale $825,000 -- $190 / 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 $9,076 $45,187 $9,089 $36,098
2024 $9,076 $45,187 $8,298 $36,889
2023 $8,741 $43,042 $8,544 $34,498
2022 $7,897 $56,160 $12,660 $43,500
2021 $7,803 $52,740 $12,660 $40,080
2020 $7,675 $49,140 $12,660 $36,480
2019 $7,584 $48,720 $12,660 $36,060
2018 $7,014 $35,868 $10,674 $25,194
2017 $6,599 $33,840 $11,960 $21,880
2016 $6,107 $32,100 $12,660 $19,440
2015 $3,631 $31,380 $10,560 $20,820
2014 $3,631 $31,380 $10,560 $20,820
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2021

    PJ Collins

    Keller Williams Realty Group

    (610) 613-3169

    1 in this area

    53 Total Sales

    PJ Collins
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY6111792

OneKey® MLS

APN: 04571-0007

New York Bronx County Bronx 10467 Olinville

775 Adee Ave, Bronx, NY

Not Listed for Sale

MultiFamily

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