NOT LISTED FOR SALE

Estimated Value: $793,000 - $930,246

4 Beds
3 Baths
2,178 Sq Ft
$393/Sq Ft Est. Value

Last Sold October 03, 2019

Last sale price $800,000 $367 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,357/month

60 Days on Market

Highlights

  • Beach Front
  • Above Ground Pool
  • Deck
  • Water Access
  • Colonial Architecture
  • Property is near public transit

About This Home

As of October 2019

This sunny, spacious two-family home on picturesque City Island, with views of Eastchester Bay and Long Island Sound, is in mint condition. Each unit has beautiful inlaid hardwood floors and includes a living room, updated eat-in kitchen, two bedrooms (one in use as a formal dining room), and full bath. The first-floor unit has access to the basement with additional finished space that is great for an office or playroom, plus a storage/laundry room and bath. The fenced-in yard features a deck, covered patio, storage shed and an above-ground pool. A deed to the semi-private beach and pier comes with the house. Other amenities include a new roof, newly-painted interior, 60-ft concrete driveway, renovated garage, new insulation, new vent fan and roof vents, custom window shades, WAVE ventilation system, security system and new above-ground oil tank. Whether you want to live in one unit and rent the other or use both units for yourself and family, this house has everything you need!

Last Agent to Sell the Property

Jane Carmody

Houlihan Lawrence Inc. License #30CA1022677 Listed on: 06/06/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,841

Year Built

  • Built in 1926

Lot Details

  • 4,750 Sq Ft Lot
  • Beach Front
  • No Common Walls
  • Fenced

Parking

  • 1 Car Detached Garage
  • Driveway
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Frame Construction
  • Blown Fiberglass Insulation
  • Vinyl Siding

Interior Spaces

  • 2,178 Sq Ft Home
  • Storage
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Granite Countertops

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Above Ground Pool
  • Water Access
  • Deck
  • Patio

Location

  • Property is near public transit

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Steam
  • Heating System Uses Oil

Listing and Financial Details

  • Assessor Parcel Number 05626-0296

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,841

Year Built

Built in 1926

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Master Downstairs, 1st Floor Bedrm, Eat-in Kitchen, Granite Counters, Storage, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Flooring: Hardwood, Wall To Wall Carpet
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 4
  • Living Area: 2178.00
  • Square Footage: 2178.00

Exterior Features

  • Construction Materials: Fiberglass Insulation, Frame, Vinyl Siding
  • Waterfront Features: Beach Front, Water Access
  • Fencing: Fenced
  • Pool Features: Above Ground
  • Pool Private: Yes
  • Patio and Porch Features: Deck, Patio

Garage/Parking

  • Total Parking Spaces: 4.00
  • Attached Garage: No
  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Description: Detached, 1 Car Detached, Driveway, On Street

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Oil, Baseboard, Hot Water, Steam
  • Security: Security System
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Additional Fee Description: Homeowners' Assn
  • Additional Fee Frequency: Yearly
  • Senior Community: No

Fee Information

  • Additional Fee: Yes

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.1100
  • Lot Size Area: 0.1100
  • Lot Dimensions: 4750.0000
  • Lot Size Sq Ft: 4750.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 05626-0296
  • Property Attached: No

Rental Info

  • Tenant Pays: See Remarks

Tax Info

  • Close Date: 2019-10-03
  • Tax Annual Amount: 6841.00
  • Tax Map Number: 05626-0296

Multi Family

  • Units Total: 2
  • Two Bedrooms: 2
  • Separate Electric Meters: 1
  • Separate Gas Meters: 1

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
Jun 6, 2019
Closed on
Oct 3, 2019
Sold by
Bunyan Michael and Bunyan Roseann
Bought by
Richards Dayne and Wellington Elizabeth
Seller's Agent
Jane Carmody
Houlihan Lawrence Inc.
List Price
$850,000
Sold Price
$800,000
Premium/Discount to List
-$50,000
-5.88%
Current Estimated Value
$856,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,562
Avg. Annual Appreciation
1.94%
Original Mortgage
$785,510
Outstanding Balance
$691,318
Interest Rate
3.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$204,642

Purchase Details

Closed on
Apr 17, 1996
Sold by
Bunyan Michael and Bunyan Roseann
Bought by
Bunyan Michael and Bunyan Roseann
Source: Public Records

Range of Values:

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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
Richards Dayne $800,000 --
Richards Dayne $800,000 --
Bunyan Michael -- Chicago Title Insurance Co
Bunyan Michael -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richards Dayne $34,348
Open Richards Dayne $785,510
Closed Richards Dayne $785,510
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2019 10/03/19 Sold $800,000 -5.9% $367 / Sq Ft
08/05/2019 08/05/19 Pending -- -- --
06/06/2019 06/06/19 For Sale $850,000 -- $390 / 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 $8,278 $43,685 $10,788 $32,897
2024 $8,278 $41,213 $10,798 $30,415
2023 $7,970 $39,244 $10,242 $29,002
2022 $7,391 $49,320 $12,120 $37,200
2021 $7,792 $40,740 $12,120 $28,620
2020 $7,665 $42,480 $12,120 $30,360
2019 $6,892 $43,800 $12,120 $31,680
2018 $6,369 $32,703 $11,292 $21,411
2017 $5,990 $30,854 $10,492 $20,362
2016 $5,858 $30,854 $11,352 $19,502
2015 $3,291 $30,337 $12,726 $17,611
2014 $3,291 $28,620 $13,440 $15,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4947755

OneKey® MLS

APN: 05626-0296