NOT LISTED FOR SALE

Estimated Value: $645,115 - $826,000

6 Beds
3 Baths
1,410 Sq Ft
$529/Sq Ft Est. Value

Last Sold October 21, 2021

Last sale price $761,000 $540 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,600/month

22 Days on Market

Highlights

  • Property is near public transit
  • 5-minute walk to 225 Street
  • Park
  • Wood Flooring
  • Window Unit Cooling System
  • Storage

About This Home

As of October 2021

Perfectly kept legal two family home now fully available in the Wakefield section of the Bronx. This home offers you a perfect opportunity to enjoy a spacious backyard perfect for entertaining during times like these, while living in comfort. Ground floor unit has been fully renovated. This open concept kitchen has tall mahogany cabinetry with stainless steel appliances. Master bedroom can easily accommodate a queen size bedroom set. Second floor apartment has been fully updated as well and offers 4 bedrooms in all. Updated kitchen with stainless steel appliances, good size rooms. This home also offers a finished basement with a separate entrance which offers an additional full bath, and lovely kitchenette. Walking distance to the 2 and 5 train stop on East 225th, commuters dream. Perfectly priced for someone looking for their first investment home where they can easily rent the second unit and live with a beautiful backyard and low mortgage.

Last Listed By

Jeffrie Peña

Locqube New York, Inc. License #10401261474 Listed on: 08/24/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,891

Year Built

  • Built in 1920 | Remodeled in 2015

Lot Details

  • 2,862 Sq Ft Lot
  • No Common Walls

Parking

  • Off-Street Parking

Home Design

  • Bi-Level Home
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,410 Sq Ft Home
  • Storage
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near public transit

Utilities

  • Window Unit Cooling System
  • 1 Heating Zone
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Assessor Parcel Number 04850-0056

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

$4,891

Year Built

Built in 1920 | Remodeled in 2015

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Bilevel
  • Property SubType: Multi Family
  • Year Built: 1920
  • Year Built Effective: 2015
  • Attribution Contact: 347-657-1114
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2015

Interior Features

  • Interior Amenities: Storage
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Finished, Full
  • Total Bedrooms: 6
  • Living Area: 1410.00
  • Square Footage: 1410.00

Exterior Features

  • Construction Materials: Frame, Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None, Off Street

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Hot Water: Gas Stand Alone
  • Heating Zones: 1
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Call Listing Agent
  • Middle School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.0700
  • Lot Size Area: 0.0700
  • Lot Size Sq Ft: 2862.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04850-0056
  • Property Attached: No

Rental Info

  • Tenant Pays: Cooking Gas, Electricity

Tax Info

  • Close Date: 2021-10-21
  • Included in Taxes: Sewer, Trash
  • Tax Annual Amount: 4891.00
  • Tax Map Number: 04850-0056

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

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
Aug 24, 2021
Closed on
Dec 18, 2021
Sold by
Delrosario Payano Lenin E and Quezada Alcantara Moises
Bought by
Delrosario Payano Lenin E and Polanco Burgos Yassiel
Seller's Agent
Jeffrie Peña
Locqube New York, Inc.
Buyer's Agent
Non Non OneKey Agent
Non-Member MLS
List Price
$729,999
Sold Price
$761,000
Premium/Discount to List
$31,001
4.25%
Total Days on Market
22
Current Estimated Value
$746,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,471
Avg. Annual Appreciation
-0.53%
Original Mortgage
$747,216
Interest Rate
2.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 24, 2021
Closed on
Oct 20, 2021
Sold by
Ortiz Carlos J
Bought by
Delrosario Payano Lenin E and Quezada Alcantara Moises
Seller's Agent
Jeffrie Peña
Locqube New York, Inc.
Buyer's Agent
Non Non OneKey Agent
Non-Member MLS
List Price
$729,999
Sold Price
$761,000
Premium/Discount to List
$31,001
4.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$747,216
Interest Rate
2.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 2015
Sold by
Mikdash Homes Inc
Bought by
Ortiz Carlos J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$461,487
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 2, 2012
Closed on
Feb 20, 2013
Sold by
Mbamali Olufunke
Bought by
Mikdash Homes Inc
Seller's Agent
Damaris Sarmiento
RE/MAX Distinguished Hms.&Prop
Buyer's Agent
Walter Sarmiento
RE/MAX Distinguished Hms.&Prop
List Price
$237,500
Sold Price
$168,900
Premium/Discount to List
-$68,600
-28.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.88%
Original Mortgage
$200,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 1996
Sold by
Gibbon Naomi and Gibbon George
Bought by
Gibbon Naomi and Dunn Neville R

Purchase Details

Closed on
Mar 11, 1996
Sold by
Campbell Herman
Bought by
Gibbon Naomi and Gibbon George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,550
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage

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
Delrosario Payano Lenin E -- --
Delrosario Payano Lenin E -- --
Delrosario Payano Lenin E $761,000 --
Delrosario Payano Lenin E $761,000 --
Ortiz Carlos J $470,000 --
Ortiz Carlos J $470,000 --
Mikdash Homes Inc $168,900 --
Mikdash Homes Inc $168,900 --
Gibbon Naomi -- Commonwealth Land Title Ins
Gibbon Naomi -- Commonwealth Land Title Ins
Gibbon Naomi $1,500 Commonwealth Land Title Ins
Gibbon Naomi $1,500 Commonwealth Land Title Ins
Gibbon George $118,500 Inter County Title Guaranty
Gibbon George $118,500 Inter County Title Guaranty
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Delrosario Payano Lenin E $747,216
Previous Owner Ortiz Carlos J $6,119
Previous Owner Ortiz Carlos J $461,487
Previous Owner Mikdash Homes Inc $200,000
Previous Owner Mbamali Ikechukwu $360,000
Previous Owner Dunn Neville $168,000
Previous Owner Gibbon George $112,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2021 10/21/21 Sold $761,000 -1.2% $540 / Sq Ft
09/17/2021 09/17/21 Price Changed $769,999 +5.5% $546 / Sq Ft
09/15/2021 09/15/21 Pending -- -- --
08/24/2021 08/24/21 For Sale $729,999 +332.2% $518 / Sq Ft
02/20/2013 02/20/13 Sold $168,900 -28.9% $120 / Sq Ft
08/13/2012 08/13/12 Pending -- -- --
07/02/2012 07/02/12 For Sale $237,500 -- $168 / 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 $5,067 $25,229 $6,176 $19,053
2023 $5,003 $24,635 $5,962 $18,673
2022 $4,640 $30,540 $7,740 $22,800
2021 $4,891 $32,040 $7,740 $24,300
2020 $4,717 $27,720 $7,740 $19,980
2019 $4,398 $28,200 $7,740 $20,460
2018 $4,185 $20,529 $4,815 $15,714
2017 $3,948 $19,368 $4,814 $14,554
2016 $3,872 $19,368 $5,361 $14,007
2015 $2,204 $18,571 $7,587 $10,984
2014 $2,204 $17,520 $8,580 $8,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6139032

OneKey® MLS

APN: 04850-0056