NOT LISTED FOR SALE

813 E 225th St Bronx, NY 10466

Wakefield Neighborhood

Estimated Value: $907,000 - $1,193,000

8 Beds
5 Baths
3,150 Sq Ft
$332/Sq Ft Est. Value

Last Sold September 12, 2023

Last sale price $998,000 $317 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $6,513/month

40 Days on Market

Highlights

  • Window Unit Cooling System
  • 3-minute walk to 225 Street
  • Heating Available
  • ENERGY STAR Qualified Equipment for Heating
  • 1 Car Garage

About This Home

As of September 2023

Investor's delight!!! Rare 7% return with a potential of 9% on your investment. This updated three family house will surely be working hard for you. Three bedroom two bathroom over three bedroom two bathroom over two bedroom one bathroom with a finished basement with full bathroom, a garage and a driveway. Whole building is electric tenant pays their utilities. Rent total $7700 including garage and driveway. Sold with tenants.

Last Listed By

Helen Pekson

Han Tang Realty Inc. Brokerage Phone: 718-513-1111 License #10401365855 Listed on: 05/23/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,983

Year Built

  • Built in 1999

Lot Details

  • 2,404 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • 3,150 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Full Bathrooms

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating

Utilities

  • Window Unit Cooling System
  • Heating Available

Additional Features

  • Finished Basement

Community Details

  • 3 Units
  • 3 Separate Electric Meters

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 04850-0035

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,983

Year Built

Built in 1999

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 5
  • Basement: Finished
  • Total Bedrooms: 8
  • Living Area: 3150
  • Owner Pays: Insurance
  • SquareFootage: 3150.00
  • SquareFootageSource: Municipality

Garage/Parking

  • Total Parking Spaces: 1
  • Attached Garage: No
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Driveway, Garage

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Electric, ENERGY STAR Qualified Equipment
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Electric Stand Alone

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Other Expense: 2400

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Size Sq Ft: 2404
  • Lot Size Units: Acres
  • Parcel Number: 04850-0035
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 3

Tax Info

  • Tax Annual Amount: 7983
  • Tax Map Number: 04850-0035

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
May 23, 2023
Closed on
Sep 12, 2023
Sold by
Niknamfard Firouz
Bought by
Leahjoon Llc
Seller's Agent
Helen Pekson
Han Tang Realty Inc.
Buyer's Agent
Paul DiMarco
Christie's Int. Real Estate
List Price
$998,000
Sold Price
$998,000
Total Days on Market
40
Views
192
Current Estimated Value
$1,046,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,119
Avg. Annual Appreciation
2.81%
Original Mortgage
$598,200
Outstanding Balance
$588,303
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$457,819

Purchase Details

Closed on
Jul 12, 2021
Sold by
Shalom Roman
Bought by
East 225 St Llc

Purchase Details

Closed on
May 4, 2021
Sold by
East 225 St Llc
Bought by
Shalom Roman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 19, 2019
Sold by
Diplomat Property Manager Llc and % : Fay Servicing Llc
Bought by
East 225 St Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2018
Sold by
Pryor Esq Edmond James
Bought by
Diplomat Property Manager Llc

Purchase Details

Closed on
Sep 12, 2002
Sold by
Mgn Funding Corp
Bought by
Powell Leonard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,100
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 4, 1997
Sold by
Black Robert S and Tigner Jessie
Bought by
Nardin Group Of Companies Inc

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 Buyer Sale Price Title Company
Leahjoon Llc -- --
Niknamfard Firouz $998,000 --
East 225 St Llc -- --
Shalom Roman -- --
East 225 St Llc $612,000 --
Diplomat Property Manager Llc $678,000 --
Powell Leonard -- --
Nardin Group Of Companies Inc $110,000 Uslife Title Insurance Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Niknamfard Firouz $598,200
Previous Owner Shalom Roman $102,000
Previous Owner East 225 St Llc $500,000
Previous Owner Mgn Funding Corp $50,000
Previous Owner Mgn Funding Corp $100,000
Previous Owner Mgn Funding Corp $126,000
Previous Owner Mgn Funding Corp $499,000
Previous Owner Powell Leonard $404,100
Previous Owner Mgn Funding Corp $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2023 11/16/23 Off Market $998,000 -- --
09/12/2023 09/12/23 Sold $998,000 0.0% $317 / Sq Ft
07/03/2023 07/03/23 Pending -- -- --
07/03/2023 07/03/23 Off Market $998,000 -- --
05/23/2023 05/23/23 For Sale $998,000 -- $317 / 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 $7,896 $39,312 $5,813 $33,499
2023 $7,984 $39,312 $5,678 $33,634
2022 $7,789 $50,220 $8,580 $41,640
2021 $7,746 $50,400 $8,580 $41,820
2020 $7,350 $49,380 $8,580 $40,800
2019 $6,853 $43,560 $8,580 $34,980
2018 $6,678 $32,760 $5,511 $27,249
2017 $6,628 $32,514 $6,971 $25,543
2016 $6,132 $30,674 $6,697 $23,977
2015 $4,194 $28,938 $8,505 $20,433
2014 $4,194 $27,300 $9,540 $17,760
Source: Public Records

Agents Affiliated with this Home

  • Helen Pekson

    Seller's Agent in 2023

    Helen Pekson

    Han Tang Realty Inc.

    (917) 238-1738

    1 in this area

    12 Total Sales

    Helen Pekson
    Section Image
  • Paul DiMarco

    Buyer's Agent in 2023

    Paul DiMarco

    Christie's Real Estate Westchester & Hudson Valley

    (914) 804-2461

    1 in this area

    18 Total Sales

    Paul DiMarco
    Section Image
  • Manuel Nieves

    Buyer Co-Listing Agent in 2023

    Manuel Nieves

    Christie's Real Estate Westchester & Hudson Valley

    (646) 703-1062

    1 in this area

    7 Total Sales

    Manuel Nieves
    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY6249343

OneKey® MLS

APN: 04850-0035

New York Bronx County Bronx 10466 Wakefield

813 E 225th St, Bronx, NY

Homes for Sale in Bronx, NY

This home is located at 813 E 225th St, Bronx, NY 10466 since 23 May 2023 and is currently estimated at $1,046,119, approximately $332 per square foot. This property was built in 1999. 813 E 225th St is a home located in Bronx County with nearby schools including Ps 21 Philip H Sheridan, North Bronx School of Empowerment, and Bronx Charter School For Excellence 4.

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