$220,000
SOLD NOV 6, 2013

785 Adee Ave Bronx, NY 10467

Olinville Neighborhood
-- Bed
-- Bath
1,890 Sq Ft
1,785 Sq Ft Lot

Recently Sold

$116 Per Sq Ft

15% Below List Price

118 Days on Market

Highlights

  • Chalet
  • Main Floor Bedroom
  • Patio
  • Property is near public transit
  • Formal Dining Room
  • Park

About This Home

As of December 2015

Short Sale,2 family, 3br duplex over 1br,plus crawl space, 4/24/13 no more showings, offers have been submitted to the bank, waiting on approval

Last Agent to Sell the Property

Clifton Morrison

JD Morrison Real Estate Corp Brokerage Phone: 718-324-6060 License #10311205387 Listed on: 02/12/2013

Last Buyer's Agent

Clifton Morrison

JD Morrison Real Estate Corp Brokerage Phone: 718-324-6060 License #10311205387 Listed on: 02/12/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,787

Year Built

  • Built in 1960

Lot Details

  • 1,785 Sq Ft Lot
  • Two or More Common Walls
  • Back Yard Fenced

Home Design

  • Chalet
  • Brick Exterior Construction

Interior Spaces

  • Main Floor Bedroom
  • 1,890 Sq Ft Home
  • Formal Dining Room
  • Unfinished Basement

Parking

  • Driveway
  • On-Street Parking

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Additional Features

  • Patio
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 04571-0003

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,787

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Chalet
  • Property SubType: Multi Family
  • Year Built: 1960
  • Attribution Contact: 718-324-6060
  • Village: Bronx
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: First Floor Bedroom, Formal Dining
  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Basement: Unfinished
  • Living Area: 1890
  • SquareFootage: 1890.00

Exterior Features

  • Construction Materials: Brick
  • Fencing: Back Yard
  • Patio and Porch Features: Patio

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway, On Street

Utilities

  • Heating: Natural Gas, Steam
  • Sewer: Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdditionalFeesYN: 0

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.04
  • Lot Size Area: 0.04
  • Lot Dimensions: 0.0413
  • Lot Size Sq Ft: 1785
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04571-0003
  • Zoning Description: R6
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf1Bedrooms: 1
  • NumberOf3Bedrooms: 1

Tax Info

  • Tax Annual Amount: 3787
  • Tax Map Number: 04571-0003

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
Jul 8, 2015
Closed on
Dec 9, 2015
Sold by
Farm Development Llc
Bought by
English Gustavo and Jordan Angelica
Seller's Agent
Clifton Morrison
JD Morrison Real Estate Corp
Buyer's Agent
Dion Griffiths II
ERA Insite Realty Services
List Price
$559,000
Sold Price
$530,000
Premium/Discount to List
-$29,000
-5.19%
Total Days on Market
118
Current Estimated Value
$805,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,578
Avg. Annual Appreciation
4.16%
Original Mortgage
$520,400
Interest Rate
3.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Feb 12, 2013
Closed on
Nov 6, 2013
Sold by
Bastien Allette
Bought by
Farm Development Llc
Seller's Agent
Clifton Morrison
JD Morrison Real Estate Corp
Buyer's Agent
Clifton Morrison
JD Morrison Real Estate Corp
List Price
$260,000
Sold Price
$220,000
Premium/Discount to List
-$40,000
-15.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.30%

Purchase Details

Closed on
Sep 27, 2004
Sold by
Bastien Allette and Bastien Altheda
Bought by
Bastien Allette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,678
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 20, 2001
Sold by
Christie Daisy
Bought by
Bastien Altheda and Bastien Allette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,300
Interest Rate
6.92%
Source: Public Records

Range of Values:

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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

Date Type Sale Price Title Company
Deed $530,000 --
Deed $530,000 --
Deed $220,000 --
Deed $220,000 --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $555,000 Stand Alone Refi Refinance Of Original Loan
Closed $32,176 Unknown
Closed $520,400 Purchase Money Mortgage
Previous Owner $70,000 No Value Available
Previous Owner $47,678 Purchase Money Mortgage
Previous Owner $226,300 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2015 12/09/15 Sold $530,000 -5.2% $280 / Sq Ft
10/05/2015 10/05/15 Pending -- -- --
07/08/2015 07/08/15 For Sale $559,000 +154.1% $296 / Sq Ft
11/06/2013 11/06/13 Sold $220,000 -15.4% $116 / Sq Ft
06/11/2013 06/11/13 Pending -- -- --
02/12/2013 02/12/13 For Sale $260,000 -- $138 / 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
2024 $6,560 $32,659 $6,178 $26,481
2023 $6,342 $31,225 $6,172 $25,053
2022 $4,744 $39,360 $8,160 $31,200
2021 $5,849 $39,180 $8,160 $31,020
2020 $4,624 $36,600 $8,160 $28,440
2019 $4,557 $34,800 $8,160 $26,640
2018 $5,304 $26,021 $5,968 $20,053
2017 $5,004 $24,549 $7,949 $16,600
2016 $4,630 $23,160 $8,160 $15,000
2015 $2,781 $22,680 $9,060 $13,620
2014 $2,781 $22,680 $9,060 $13,620
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2015

    Clifton Morrison

    JD Morrison Real Estate Corp

    (718) 412-2230

    Section Image

  • D

    Buyer's Agent in 2015

    Dion Griffiths II

    ERA Insite Realty Services

    8 Total Sales

    Dion Griffiths II
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEYH3303034

OneKey® MLS

APN: 04571-0003

New York Bronx County Bronx 10467 Olinville

785 Adee Ave, Bronx, NY

This home is located at 785 Adee Ave, Bronx, NY 10467 and is currently priced at $220,000, approximately $116 per square foot. This property was built in 1960. 785 Adee Ave is a home located in Bronx County with nearby schools including P.S. 76 The Bennington School, Bronx Green Middle School, and Pelham Academy.

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