NOT LISTED FOR SALE

787 Elton Ave Bronx, NY 10451

Melrose Neighborhood

Estimated Value: $949,000 - $1,105,000

6 Beds
4 Baths
3,036 Sq Ft
$335/Sq Ft Est. Value

Last Sold March 04, 2021

Last sale price $865,000 $285 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $6,148/month

163 Days on Market

Highlights

  • Property is near public transit
  • Park
  • Combination Dining and Living Room
  • Main Floor Primary Bedroom
  • Storage
  • 2-minute walk to Flynn Playground

About This Home

As of March 2021

Buyer must occupy property, it's an HPD property. 2nd and 3rd floor now vacant and seller is in the duplex apartment. 3 Family Brick Home and Frame Property in the Bronx and centrally located to stores, restaurants, transportation, park and more! Owners Duplex has a 1st floor Master Suite with its own Bath, two large closets. In the duplex on the 2nd level you will find two Bedrooms and a full bath. There is a 1 Bedroom Unit on the 2nd Floor and a 2 Bedroom Unit on the 3rd floor. Building is only 21 years young. No leases and the Duplex unit is occupied by the owner and entire building will be delivered vacant.

Last Agent to Sell the Property

Monserrate Felicier

Realty Executives Powerhouse Brokerage Phone: 347-423-3695 License #40FE1131512 Listed on: 07/20/2020

Realty Executives Powerhouse

Last Buyer's Agent

Dion Griffiths II

ERA Insite Realty Services License #10401267501

ERA Insite Realty Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,785

Year Built

  • Built in 1999

Lot Details

  • 2,200 Sq Ft Lot
  • Lot Dimensions are 22 x 100
  • Two or More Common Walls

Home Design

  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 3-Story Property
  • Combination Dining and Living Room
  • Storage
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Fire Sprinkler System

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • 4 Full Bathrooms

Parking

  • 2 Parking Spaces
  • No Garage
  • Private Parking
  • Common or Shared Parking
  • Shared Driveway

Location

  • Property is near public transit

Schools

  • Ps/Ms 29 Melrose Elementary School
  • Hostos-Lincoln Academy Of Science High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Legal Lot and Block 23 / 2379

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,785

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Other
  • Property SubType: Multi Family
  • Property Condition: Excellent
  • Levels: Three Or More
  • Year Built: 1999
  • New Construction: No
  • Attribution Contact: 347-423-3695
  • Village: Bronx
  • BuildingSize: 22 x 46
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Master Downstairs, Living Room/Dining Room Combo, Storage
  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 4
  • Basement: Full, Unfinished
  • Inclusions: A/C Units
  • Total Bedrooms: 6
  • NumberOfKitchens: 3

Exterior Features

  • Construction Materials: Brick, Frame
  • FloodZoneReportYN: 0

Garage/Parking

  • Total Parking Spaces: 2
  • Attached Garage: No
  • Garage: No
  • Parking Description: Shared Driveway, No Garage, Other, Common, Private

Utilities

  • Heating: Natural Gas, Baseboard, Hot Water
  • Security: Fire Splinkler System
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 3

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Dimensions: 22 x 100
  • Lot Size Sq Ft: 2200
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Zoning Description: R7-2
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No
  • Tenant Pays: Cooking Gas, Electricity
  • Available Date: 2021-02-15

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3
  • NumberOf1Bedrooms: 1
  • NumberOf2Bedrooms: 1
  • NumberOf3Bedrooms: 1

Tax Info

  • Tax Annual Amount: 6785
  • Tax Block: 2379
  • Tax Lot: 23

MLS Schools

  • Elementary School: Ps/Ms 29 Melrose School
  • High School: Hostos-Lincoln Academy Of Science
  • Middle School District: Bronx 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2020
Closed on
Mar 4, 2021
Sold by
Vazquez Olga
Bought by
Maflahi Fadhle and Maflahi Mustafa
Seller's Agent
Monserrate Felicier
Realty Executives Powerhouse
Buyer's Agent
Dion Griffiths II
ERA Insite Realty Services
List Price
$909,000
Sold Price
$865,000
Premium/Discount to List
-$44,000
-4.84%
Current Estimated Value
$1,016,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,989
Avg. Annual Appreciation
4.36%
Original Mortgage
$519,000
Outstanding Balance
$468,632
Interest Rate
2.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$578,044

Purchase Details

Closed on
May 25, 2000
Sold by
Nyc Partnership Housing Development Fund
Bought by
Vazquez Felix and Vazquez Olga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,550
Interest Rate
7.81%
Mortgage Type
Purchase Money Mortgage
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
Maflahi Fadhle $865,000 --
Vazquez Felix $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maflahi Fadhle $519,000
Previous Owner Vazquez Felix $217,550
Closed Vazquez Felix $70,235
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2021 03/04/21 Sold $865,000 -2.3% $285 / Sq Ft
12/30/2020 12/30/20 Pending -- -- --
12/08/2020 12/08/20 Price Changed $885,000 -1.6% $292 / Sq Ft
10/11/2020 10/11/20 Price Changed $899,000 -1.1% $296 / Sq Ft
07/20/2020 07/20/20 For Sale $909,000 -- $299 / 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 $7,288 $38,465 $6,399 $32,066
2024 $7,288 $36,288 $6,837 $29,451
2023 $7,370 $36,288 $6,664 $29,624
2022 $6,856 $55,080 $10,920 $44,160
2021 $7,150 $50,400 $10,920 $39,480
2020 $6,260 $43,620 $10,920 $32,700
2019 $5,406 $40,020 $10,920 $29,100
2018 $4,891 $30,240 $9,408 $20,832
2017 $4,313 $28,620 $9,958 $18,662
2016 $3,795 $28,314 $9,652 $18,662
2015 $1,172 $26,712 $8,050 $18,662
2014 $1,172 $25,200 $6,538 $18,662
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Monserrate Felicier

    Realty Executives Powerhouse

    (347) 423-3695

    1 in this area

    3 Total Sales

    Monserrate Felicier
    Section Image

  • D

    Buyer's Agent in 2021

    Dion Griffiths II

    ERA Insite Realty Services

    1 in this area

    8 Total Sales

    Dion Griffiths II
    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY3234772

OneKey® MLS

APN: 02379-0023

New York Bronx County Bronx 10451 Melrose

787 Elton Ave, Bronx, NY

This home is located at 787 Elton Ave, Bronx, NY 10451 since 20 July 2020 and is currently estimated at $1,016,989, approximately $334 per square foot. This property was built in 1999. 787 Elton Ave is a home located in Bronx County with nearby schools including X298 Academy of Public Relations, Hostos-Lincoln Academy of Science, and Middle School 223 Laboratory School of Finance and Technology.

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