NOT LISTED FOR SALE

Estimated Value: $852,000 - $1,128,000

9 Beds
4.5 Baths
2,879 Sq Ft
$336/Sq Ft Est. Value

Last Sold May 18, 2022

Last sale price $850,000 $295 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $6,382/month

119 Days on Market

About This Home

As of May 2022

Here is a great opportunity for saavy investors; both new and seasoned. This is a 4-unit brick building in the heart of the Wakefield/Williamsbridge border just 1 block from White Plains Rd. where you find the 2/5 subway station, Walgreens, Foot Locker & other shops, a huge laundromat and a slew of local ethnic restaurants. Situated Just minutes from the Bronx River Parkway makes this neighborhood easily accessible.

This 3 story building consists of a 2 bedroom vacant apartment & 2-car garage on the ground level, a 1-bedroom/1.5 bath & a 2-bedroom railroad unit on the 1st floor, and a huge 4-bedroom floor-through railroad unit on the 2nd floor with its own balcony. Three of the 4 units are occupied with subsidized tenants so rent is guaranteed...This property has an enclosed outdoor space in the back; a humongous grassy yard that's shared by all units. It has your normal city feel in the front yet suburban tranquility in the back. One or more units may need renovation. The ground floor unit incurred significant damage from Hurricane Ida so bring your contractor and imagination. The other units need only cosmetic upgrades...Come see this diamond in the rough today. The right owner can turn this into a gem. Just 48hr advance notice required for a private tour. Make an offer today. Asking price negotiable. Motivated seller! All offers considered!

Last Listed By

Taylor St. Valliere

Corcoran Group License #10401266845 Listed on: 11/29/2021

Corcoran Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,523

Year Built

  • 1930

Lot Details

  • 2,875

Parking

  • Garage

Home Design

Interior Spaces

  • 2,879 Sq Ft Home
  • 3-Story Property
  • Washer Dryer Allowed

Bedrooms and Bathrooms

  • 9 Bedrooms

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,523

Year Built

1930

Lot Details

0

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1930

Interior Features

  • Appliances: Washer Dryer Allowed
  • Living Area: 2879.0
  • Living Area Units: Square Feet
  • Rooms (Total): 17

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bathrooms Integer: 5
  • Bedrooms: 9

Garage/Parking

  • Garage: Yes

Building Info

  • Units: 4
  • Total Stories: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2023
Sold by
623 Faile Holdings Llc
Bought by
Pollak Wolf
Total Days on Market
119
Current Estimated Value
$965,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Outstanding Balance
$162,502
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$843,796

Purchase Details

Listed on
Nov 29, 2021
Closed on
May 19, 2022
Sold by
Nisbett Judith C
Bought by
623 Faile Holdings Llc
Seller's Agent
Taylor St. Valliere
Corcoran Group
List Price
$925,000
Sold Price
$850,000
Premium/Discount to List
-$75,000
-8.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.69%
Original Mortgage
$675,000
Interest Rate
5.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 1996
Sold by
Sam Jake Enterprises Inc
Bought by
Nisbett Judith C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,550
Interest Rate
7.81%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Similar Homes in Bronx, NY

  • 835 E 221st St, Bronx, NY 10467

    $1,049,999

    • 8 Beds
    • 5 Baths
    • 3,799 Sq Ft
    • 835 E 221st St
    • Bronx, NY

    This well-maintained, 3-family brick attached home offers an excellent investment opportunity or multi-generational living. First Unit has 2 bedrooms, 1 bath, living room, dining room and kitchen combo with access to back perfect for a smaller family or as a rental unit. Second Unit has 3 bedrooms, 2 baths, living room, dining room and kitchen combo providing ample space for comfortable living

    Nicole Taliafero YourHomeSold Guaranteed Realty

    Section Image
  • 747 E 220th St, Bronx, NY 10467

    $949,000

    • 8 Beds
    • 5 Baths
    • 2,331 Sq Ft
    • 747 E 220th St
    • Bronx, NY

    Only the Third floor will be vacant at closing. House will be delivered as-is with TWO NON-PAYING TENANTS occupying the first-floor basement and the second floor. DO NOT disturb the occupants. Showings are only available for the third floor........... Welcome to an exceptional investment opportunity! This is a Semi Detached, HUGE, 2 family, set up with 3 Solid RENTAL UNITS above ground. With

    Derek Greene Greene Realty Group

    Section Image
  • 823 E 218th St, Bronx, NY 10467

    $849,900

    • 8 Beds
    • 6 Baths
    • 3,765 Sq Ft
    • 823 E 218th St
    • Bronx, NY

    Prime 3-Family Brick Property in the Bronx – Excellent Investment Opportunity!Welcome to 823 E 218th St, Bronx, NY 10467 – a highly desirable 3-family brick home built in 2007, nestled in a sought-after Bronx neighborhood. This solid property offers tremendous potential, featuring three spacious units, separate utilities for each, and private parking in front for added convenience.Whether you're

    Hua Bin Chen Liberty Chateau Realty Inc

    Section Image
  • 642 E 223rd St, Bronx, NY 10466

    $1,199,999

    • 7 Beds
    • 4 Baths
    • 642 E 223rd St
    • Bronx, NY

    Located in the Wakefield neighborhood of the Bronx, 642 East 223rd Street is a well-maintained brick multifamily property offering a solid investment opportunity. The building comprises four units: two 1-bedroom apartments, one 2-bedroom apartment, and one 3-bedroom apartment, providing a diverse rental portfolio. Additionally, the property features a spacious basement, offering potential for

    DOMINICK STEPHEN DEBONAIR REALTY CORP

    Section Image
  • 931 E 216th St, Bronx, NY 10469

    $1,200,000

    • 7 Beds
    • 5 Baths
    • 4,872 Sq Ft
    • 931 E 216th St
    • Bronx, NY

    This exquisite three-family home is a rare find in a peaceful, friendly neighborhood. The tranquil setting, coupled with its prime location, makes it an enticing real estate opportunity. The property was constructed in 2003, ensuring modern design and construction standards. The first floor offers a cozy yet spacious 1-bedroom, 1-bath unit perfect for anyone seeking comfort and privacy. This unit

    Uchechukwu Akalonu YourHomeSold Guaranteed Realty

    Section Image
  • 607 E 226th St, Bronx, NY 10466

    $1,100,000

    • 10 Beds
    • 5 Baths
    • 2,258 Sq Ft
    • 607 E 226th St
    • Bronx, NY

    1955 built beautiful brick detach 2 family home with a full finished walk out basement and two driveways for 6 car garage parking. On 1st floor features large living room, 4 bedrooms, 2 bathrooms, granite counter top kitchen. 2nd floor also has large Living room, 4 bedrooms, 2 bathrooms and a terrace. Full finished basement with two large rooms and utility room. Access to the backyard from the

    Manish Manjul RE/MAX Distinguished Hms.&Prop

    Section Image
  • 630 E 230th St, Bronx, NY 10466

    $1,100,000

    • 10 Beds
    • 4 Baths
    • 630 E 230th St
    • Bronx, NY

    With a steady monthly income of over $9,000 and a cap rate of 9%, this beautifully renovated multi-family home offers an incredible investment opportunity with even more potential for added value. Located just steps from shopping, dining, entertainment, transportation, and a hospital, this legal two-family property is ideal for investors or first-time homeowners seeking to live rent-free. The

    Esther Olumuyide Nareema Baksh Real Estate

    Section Image
  • 3652 Olinville Ave, Bronx, NY 10467

    $759,000

    • 7 Beds
    • 5 Baths
    • 3,202 Sq Ft
    • 3652 Olinville Ave
    • Bronx, NY

    Great Investment Opportunity to own this Semi-Attached, Legal 3-family home with attached garage in the sought-after Williamsbridge area of the Bronx. Presented on 3 levels, featuring two 3 Bedroom/1.5-bath units, both with spacious Living rooms, sizable Primary Bedrooms and a private Half Bathroom. Complimented by an above-ground 1-bedroom/1-bath unit. 1st and 2nd floor units have access to a

    Rita D'Alesandro Keller Williams NY Realty

    Section Image
  • 781 E 211th St, Bronx, NY 10467

    $1,100,000

    • 11 Beds
    • 6 Baths
    • 3,877 Sq Ft
    • 781 E 211th St
    • Bronx, NY

    This is a beautiful detached brick 3 family home that comes with 2 cars drive way.It is 4/4/3 with 2 bathrooms each, fully occupied and selling with the tenants who don't have any leases.Don't miss this investment opportunity.

    Bakary Camara YourHomeSold Guaranteed Realty

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pollak Wolf -- --
623 Faile Holdings Llc $850,000 --
Nisbett Judith C $222,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pollak Wolf $165,000
Previous Owner 623 Faile Holdings Llc $675,000
Previous Owner Nisbett Judith C $269,500
Previous Owner Nisbett Judith C $17,622
Previous Owner Nisbett Judith C $210,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2022 05/18/22 Sold $850,000 -8.1% $295 / Sq Ft
01/18/2022 01/18/22 For Sale $925,000 -- $321 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $11,523 $92,173 $32,879 $59,294
2023 $10,506 $85,647 $30,976 $54,671
2022 $10,111 $268,650 $105,300 $163,350
2021 $0 $215,055 $105,300 $109,755
2020 $8,844 $208,800 $105,300 $103,500
2019 $8,942 $173,880 $105,300 $68,580
2018 $8,380 $65,882 $47,877 $18,005
2017 $8,085 $63,567 $48,452 $15,115
2016 $7,591 $58,883 $48,177 $10,706
2015 $4,926 $54,540 $45,097 $9,443
2014 $4,926 $54,540 $54,078 $462
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10771820

Real Estate Board of New York (REBNY)

APN: 04847-0054