824 E 225th St Bronx, NY 10466
Wakefield NeighborhoodEstimated Value: $812,323 - $918,000
8
Beds
3
Baths
3,498
Sq Ft
$249/Sq Ft
Est. Value
Highlights
- Cooling System Mounted In Outer Wall Opening
- Baseboard Heating
- 4-minute walk to 225 Street
About This Home
As of October 2023The large two-family house has been renovated in the last 3 years. The property is in very good condition that you don't need to do any work. It's a 3 over 3 over a large finished walk-in basement. All the bedrooms are a very good size. The second-floor unit has a front patio and a large deck in the back. Conveniently located steps away from the #2 train, multiple bus lines, schools, shopping, and major highways. Don't miss this great income-producing property. BuildingAreaSource: Public Records,
Last Agent to Sell the Property
Motivated Access Realty Corp. Brokerage Phone: (646) 359-9753 License #10301221833 Listed on: 04/02/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,192
Year Built
- Built in 1970
Lot Details
- 2,614 Sq Ft Lot
- Two or More Common Walls
Bedrooms and Bathrooms
- 8 Bedrooms
- 3 Full Bathrooms
Parking
- 2 Parking Spaces
- Driveway
Utilities
- Cooling System Mounted In Outer Wall Opening
- Baseboard Heating
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number 04849-0056
Community Details
Overview
- 2 Units
Building Details
- 3 Separate Electric Meters
- 2 Separate Gas Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 2, 2023
Closed on
Oct 6, 2023
Sold by
Kwak Ki-Duk and Kwak Youngim
Bought by
Barry Mamadou A
Seller's Agent
Elsa Ni
Motivated Access Realty Corp.
Buyer's Agent
Mamadu Barrie
Homes NYC Group Inc
List Price
$899,000
Sold Price
$860,000
Premium/Discount to List
-$39,000
-4.34%
Total Days on Market
90
Views
155
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,581
Avg. Annual Appreciation
0.68%
Original Mortgage
$731,000
Outstanding Balance
$719,919
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$149,662
Purchase Details
Closed on
Mar 5, 2020
Sold by
Auction Property Wholesaler Inc
Bought by
Kwak Ki-Duk and Kwak Youngim
Purchase Details
Closed on
Jul 22, 2019
Sold by
Edmond J Pryor Esq and Patterson By Carol
Bought by
Auction Property Wholesaler Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,750
Interest Rate
3.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 21, 2003
Sold by
Dean Shirley
Bought by
Patterson Carol
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,300
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Bronx, NY
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Barry Mamadou A | $860,000 | -- | |
| Kwak Ki-Duk | -- | -- | |
| Auction Property Wholesaler Inc | $455,000 | -- | |
| Patterson Carol | $340,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Barry Mamadou A | $731,000 | |
| Previous Owner | Auction Property Wholesaler Inc | $386,750 | |
| Previous Owner | Patterson Carol | $471,415 | |
| Previous Owner | Patterson Carol | $432,000 | |
| Previous Owner | Patterson Carol | $361,200 | |
| Previous Owner | Patterson Carol | $337,300 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/12/2023 10/12/23 | Sold | $860,000 | -3.9% | $246 / Sq Ft |
| 07/01/2023 07/01/23 | Pending | -- | -- | -- |
| 05/10/2023 05/10/23 | Price Changed | $895,000 | -0.4% | $256 / Sq Ft |
| 04/02/2023 04/02/23 | For Sale | $899,000 | 0.0% | $257 / Sq Ft |
| 05/12/2021 05/12/21 | Rented | $2,650 | 0.0% | -- |
| 03/09/2021 03/09/21 | Price Changed | $2,650 | +10.4% | $2 / Sq Ft |
| 01/11/2021 01/11/21 | For Rent | $2,400 | -- | -- |
| 01/11/2021 01/11/21 | Under Contract | -- | -- | -- |
Source: OneKey® MLS
Tax History Compared to Growth
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 | $7,167 | $35,683 | $5,691 | $29,992 |
| 2023 | $7,247 | $35,683 | $5,349 | $30,334 |
| 2022 | $7,070 | $46,080 | $8,220 | $37,860 |
| 2021 | $7,031 | $43,620 | $8,220 | $35,400 |
| 2020 | $6,672 | $37,740 | $8,220 | $29,520 |
| 2019 | $6,221 | $36,660 | $8,220 | $28,440 |
| 2018 | $6,062 | $29,736 | $6,477 | $23,259 |
| 2017 | $6,016 | $29,511 | $6,783 | $22,728 |
| 2016 | $5,566 | $27,841 | $7,568 | $20,273 |
| 2015 | $3,581 | $26,266 | $8,049 | $18,217 |
| 2014 | $3,581 | $24,780 | $9,120 | $15,660 |
Source: Public Records
Agents Affiliated with this Home
-
Elsa Ni
Seller's Agent in 2023
Elsa Ni
Motivated Access Realty Corp.
(347) 933-0712
2 in this area
13 Total Sales
-
Mamadu Barrie
Buyer's Agent in 2023
Mamadu Barrie
Homes NYC Group Inc
(347) 236-6136
1 in this area
20 Total Sales
-
Gabriel Acevedo
G
Buyer's Agent in 2021
Gabriel Acevedo
Exit Realty Group
(347) 436-3416
6 in this area
19 Total Sales
Map
Source: OneKey® MLS
MLS Number: KEY6240817
APN: 04849-0056
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The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
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