NOT LISTED FOR SALE

Estimated Value: $987,000 - $1,138,000

8 Beds
5 Baths
3,199 Sq Ft
$329/Sq Ft Est. Value

Last Sold October 28, 2020

Last sale price $885,000 $277 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $6,432/month

Highlights

  • 1 Car Attached Garage
  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

About This Home

As of October 2020

Beautiful Fully Renovated Legal Three Family Home located in the Bronxwood Section Of The Bronx NY. This home comes move-in ready with Stainless Steel Appliances, Granit Countertops, Hardwood Floors, Private Driveway complete with one car garage and huge backyard. This home has an active tax abatement until 2023.

Last Agent to Sell the Property

Otis D Gore

Exit Realty Group License #40GO1170527 Listed on: 08/13/2020

Exit Realty Group

Co-Listed By

Gabriel Acevedo

Exit Realty Group License #10401275758

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,422

Year Built

  • Built in 2006

Lot Details

  • Two or More Common Walls

Parking

  • 1 Car Attached Garage

Home Design

  • 3,199 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Full Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • 3 Heating Zones
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2048480011

Community Details

Overview

  • 3 Units

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,422

Year Built

Built in 2006

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 2006
  • Attribution Contact: 718-319-8500
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 5
  • Full Bathrooms: 5
  • Basement: None
  • Total Bedrooms: 8
  • Living Area: 3199.00
  • Square Footage: 3199.00

Garage/Parking

  • Total Parking Spaces: 1.00
  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Description: Attached, 1 Car Attached, Garage

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Hot Water: Gas Stand Alone
  • Heating Zones: 3
  • Sewer: Other
  • Water Source: See Remarks

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

  • Parcel Number: 2048480011
  • Property Attached: Yes

Tax Info

  • Close Date: 2020-10-28
  • Tax Annual Amount: 7422.00
  • Tax Map Number: 2048480011

Multi Family

  • Units Total: 3
  • Two Bedrooms: 1
  • Three Bedrooms: 2
  • Separate Electric Meters: 4
  • Separate Gas Meters: 3

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2020
Closed on
Oct 22, 2020
Sold by
Bronx Property Group Llc
Bought by
Zheng Fa Guang
Seller's Agent
Otis D Gore
Exit Realty Group
List Price
$929,000
Sold Price
$885,000
Premium/Discount to List
-$44,000
-4.74%
Current Estimated Value
$1,053,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,163
Avg. Annual Appreciation
4.13%
Original Mortgage
$531,000
Outstanding Balance
$476,546
Interest Rate
2.9%
Mortgage Type
Unknown
Estimated Equity
$600,631

Purchase Details

Closed on
Jan 30, 2020
Sold by
Pannell Dena and Pannell Martin
Bought by
Bronx Property Group Llc
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
Zheng Fa Guang $885,000 --
Bronx Property Group Llc $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zheng Fa Guang $531,000
Previous Owner Matthews Dena $94,701
Previous Owner Matthews Dena $381,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2020 10/28/20 Sold $885,000 -4.7% $277 / Sq Ft
08/13/2020 08/13/20 Pending -- -- --
08/13/2020 08/13/20 For Sale $929,000 -- $290 / 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 $8,451 $42,077 $7,344 $34,733
2024 $8,451 $42,077 $7,117 $34,960
2023 $6,985 $41,760 $6,929 $34,831
2022 $5,113 $52,620 $8,880 $43,740
2021 $3,752 $49,500 $8,880 $40,620
2020 $2,320 $43,260 $8,880 $34,380
2019 $1,032 $44,580 $8,880 $35,700
2018 $1,006 $34,800 $7,421 $27,379
2017 $1,006 $32,831 $7,652 $25,179
2016 $987 $30,973 $7,640 $23,333
2015 $674 $29,220 $9,840 $19,380
2014 $674 $29,220 $9,840 $19,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6062159

OneKey® MLS

APN: 04848-0011