NOT LISTED FOR SALE

823 E 223rd St Bronx, NY 10466

Wakefield Neighborhood

Estimated Value: $840,555 - $1,063,000

12 Beds
3 Baths
4,196 Sq Ft
$218/Sq Ft Est. Value

Last Sold August 04, 2021

Last sale price $755,000 $180 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,393/month

181 Days on Market

Highlights

  • Property is near public transit
  • Park
  • Hot Water Heating System
  • Cooling System Mounted In Outer Wall Opening

About This Home

As of August 2021

Great Investment Opportunity ! Legal 3 family home offering a large 5 bedroom apartment on the 3rd flr, 2nd flr offering a 4 bedroom apartment, 1st floor offering a large 3 bedroom apartment. Conveniently located near 2# & 5# subway stations, major highways, schools, shopping hubs, restaurants and hospitals.

Last Agent to Sell the Property

Hermi Aquino

RE/MAX Distinguished Hms.&Prop License #30AQ1103641 Listed on: 09/15/2020

RE/MAX Distinguished Hms.&Prop

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,749

Year Built

  • Built in 1925

Lot Details

  • 2,858 Sq Ft Lot
  • No Common Walls

Parking

  • On-Street Parking

Home Design

  • 4,196 Sq Ft Home

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near public transit

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 04848-0027

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

$6,749

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1925
  • Attribution Contact: 914-346-8255
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 12
  • Living Area: 4196.00
  • Square Footage: 4196.00

Garage/Parking

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

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • 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: 0.0700
  • Lot Size Sq Ft: 2858.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04848-0027
  • Property Attached: No

Tax Info

  • Close Date: 2021-08-04
  • Tax Annual Amount: 6749.00
  • Tax Map Number: 04848-0027

Multi Family

  • Units Total: 3
  • Three Bedrooms: 1
  • Four Bedrooms: 2
  • 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 15, 2020
Closed on
Aug 4, 2021
Sold by
Moran Michael
Bought by
Hossain Imran and Hossain Monir
Seller's Agent
Hermi Aquino
RE/MAX Distinguished Hms.&Prop
List Price
$779,000
Sold Price
$755,000
Premium/Discount to List
-$24,000
-3.08%
Current Estimated Value
$913,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,889
Avg. Annual Appreciation
4.44%
Original Mortgage
$604,000
Outstanding Balance
$546,847
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$367,042

Purchase Details

Closed on
Apr 30, 2004
Sold by
Deutsche Bank National Trust Company and Bankers Trust Co Of California As Trus
Bought by
Moran Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 3, 2003
Sold by
Lesch Esq
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
May 2, 2001
Sold by
Spencer Andrew C
Bought by
Wallen Albert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,250
Interest Rate
7.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 1994
Sold by
Spencer Andrew C and Spencer Peggy M
Bought by
Spencer Andrew C
Source: Public Records

Range of Values:

--
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
Hossain Imran $755,000 --
Hossain Imran $755,000 --
Moran Michael $330,000 --
Moran Michael $330,000 --
Deutsche Bank National Trust Company $249,000 --
Deutsche Bank National Trust Company $249,000 --
Wallen Albert -- --
Wallen Albert -- --
Spencer Andrew C -- The Title Guarantee Company
Spencer Andrew C -- The Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hossain Imran $604,000
Closed Hossain Imran $604,000
Previous Owner Moran Michael $150,000
Previous Owner Wallen Albert $225,250
Closed Deutsche Bank National Trust Company $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2021 08/04/21 Sold $755,000 -3.1% $180 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
09/15/2020 09/15/20 For Sale $779,000 -- $186 / 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 $7,254 $38,263 $6,371 $31,892
2024 $7,254 $36,116 $6,244 $29,872
2023 $6,985 $34,396 $6,379 $28,017
2022 $6,745 $53,460 $10,560 $42,900
2021 $6,710 $47,640 $10,560 $37,080
2020 $6,749 $44,940 $10,560 $34,380
2019 $6,296 $44,940 $10,560 $34,380
2018 $5,843 $28,663 $7,907 $20,756
2017 $5,739 $28,154 $7,779 $20,375
2016 $5,312 $26,572 $8,774 $17,798
2015 $3,203 $26,572 $10,629 $15,943
2014 $3,203 $25,081 $8,534 $16,547
Source: Public Records

Agents Affiliated with this Home

  • Hermi Aquino

    Seller's Agent in 2021

    Hermi Aquino

    RE/MAX

    (646) 685-6269

    8 in this area

    180 Total Sales

    Hermi Aquino
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY6070419

OneKey® MLS

APN: 04848-0027

New York Bronx County Bronx 10466 Wakefield

823 E 223rd St, Bronx, NY

Not Listed for Sale

MultiFamily

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