NOT LISTED FOR SALE

Estimated Value: $1,008,000 - $1,216,439

8 Beds
6 Baths
3,408 Sq Ft
$326/Sq Ft Est. Value

Last Sold February 19, 2021

Last sale price $985,000 $289 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $6,614/month

105 Days on Market

Highlights

  • 0.13 Acre Lot
  • Property is near public transit
  • 4 Car Detached Garage
  • Contemporary Architecture
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of February 2021

Newly Renovated 3 Family home for sale sitting on a 50x114 Sq Ft lot located in the much sought after Wakefield area of the Bronx. Building size 21x54 feet with 3 stories. This lovely home features a spacious 1 BR on the 1st floor (front) with a living room, Eat in kitchen & full bath. Also, located on the 1st floor (rear)is the fully finished basement with boiler room, family room ,storage room, can be combined with the 1BR apartment for more space if needed. 2nd floor features a 3 BR with 2 full baths, kitchen w/ dining area and living room. 3rd Fl features a monstrous 4 BR apartment with 2 full baths, kitchen with dining area & living room. This newly renovated home is a must see and features gorgeous amenities such as newly tiled kitchens and bathrooms with beautiful Mosaic back-splash tiles, stainless steel appliances, newly finished kitchen cabinets and much much more! Hardwood floors throughout...and don't forget the 4 car garage plus 10+ Car parking! Garage can be used as huge storage est 1000 sq ft ! Projected rental income $7756/Month. Close to public transportation 2 train, bus, shops and more!

Last Agent to Sell the Property

Syed Kibria

New Empire Real Estate Group License #30KI0988867 Listed on: 09/17/2020

New Empire Real Estate Group

Co-Listed By

Jakaria Saha

New Empire Real Estate Group License #40SA1141959

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,061

Year Built

  • Built in 1901

Lot Details

  • 5,706 Sq Ft Lot
  • No Common Walls

Parking

  • 4 Car Detached Garage
  • Driveway

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 3,408 Sq Ft Home
  • Storage
  • Wood Flooring
  • Eat-In Kitchen
  • Finished Basement

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Full Bathrooms

Location

  • Property is near public transit

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Radiant Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 04852-0030

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

$7,061

Year Built

Built in 1901

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Contemporary
  • Property SubType: Multi Family
  • Year Built: 1901
  • Attribution Contact: 718-798-1200
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen, Storage
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 6
  • Full Bathrooms: 6
  • Basement: Finished, See Remarks
  • Total Bedrooms: 8
  • Living Area: 3408.00
  • Square Footage: 3408.00

Exterior Features

  • Construction Materials: Frame, Vinyl Siding

Garage/Parking

  • Total Parking Spaces: 15.00
  • Attached Garage: No
  • Garage Spaces: 4.00
  • Garage: Yes
  • Parking Description: Detached, 4+ Car Detached, Driveway

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Oil, Radiant
  • Hot Water: Gas Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.1300
  • Lot Size Sq Ft: 5706.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04852-0030
  • Property Attached: No

Tax Info

  • Close Date: 2021-02-19
  • Tax Annual Amount: 7061.00
  • Tax Map Number: 04852-0030

Multi Family

  • Units Total: 3
  • 1 Bedrooms: 1
  • Three Bedrooms: 1
  • Four 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
Sep 17, 2020
Closed on
Feb 19, 2021
Sold by
24 Asset Corp
Bought by
Amponsah Emmanuel and Amponsah Florence
Seller's Agent
Syed Kibria
New Empire Real Estate Group
List Price
$975,000
Sold Price
$985,000
Premium/Discount to List
$10,000
1.03%
Current Estimated Value
$1,111,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,860
Avg. Annual Appreciation
2.52%
Original Mortgage
$967,159
Outstanding Balance
$863,041
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$248,819

Purchase Details

Closed on
Dec 13, 2019
Sold by
Rhamdeow Stanley
Bought by
24 Asset Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$439,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2003
Sold by
Rhamdeow Andrew and Rhamedow Stanley
Bought by
Rhamdeow Stanley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,500
Interest Rate
6.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 26, 1998
Sold by
Rhamdeow Stanley
Bought by
Rhamdeow Andrew and Rhamdeow Stanley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,800
Interest Rate
6.78%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Amponsah Emmanuel $985,000 --
Amponsah Emmanuel $985,000 --
24 Asset Corp $549,900 --
24 Asset Corp $549,900 --
Rhamdeow Stanley -- --
Rhamdeow Stanley -- --
Rhamdeow Andrew -- --
Rhamdeow Andrew -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amponsah Emmanuel $967,159
Closed Amponsah Emmanuel $967,159
Previous Owner 24 Asset Corp $439,000
Previous Owner Rhamdeow Stanley $257,500
Previous Owner Rhamdeow Andrew $193,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2021 02/19/21 Sold $985,000 -1.4% $289 / Sq Ft
12/31/2020 12/31/20 Pending -- -- --
12/19/2020 12/19/20 Price Changed $999,000 +3.5% $293 / Sq Ft
12/15/2020 12/15/20 Price Changed $965,000 -1.0% $283 / Sq Ft
09/17/2020 09/17/20 For Sale $975,000 -- $286 / 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 $9,671 $50,551 $9,265 $41,286
2024 $9,671 $48,151 $9,792 $38,359
2023 $9,319 $45,885 $9,538 $36,347
2022 $8,734 $54,240 $12,360 $41,880
2021 $9,207 $56,940 $12,360 $44,580
2020 $7,485 $48,180 $11,400 $36,780
2019 $6,979 $40,320 $11,400 $28,920
2018 $6,416 $31,472 $11,012 $20,460
2017 $6,053 $29,692 $9,497 $20,195
2016 $5,936 $29,692 $8,940 $20,752
2015 $3,326 $29,467 $9,822 $19,645
2014 $3,326 $27,800 $11,120 $16,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6071034

OneKey® MLS

APN: 04852-0030