NOT LISTED FOR SALE

859 E 223rd St Bronx, NY 10466

Wakefield Neighborhood

Estimated Value: $982,000 - $1,208,414

8 Beds
5 Baths
3,199 Sq Ft
$327/Sq Ft Est. Value

Last Sold February 02, 2021

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

Est. 18% increase in value since last sale

Current estimated payment $6,592/month

48 Days on Market

Highlights

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

About This Home

As of February 2021

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

  • $7,803

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 2048480010

Community Details

Overview

  • 3 Units

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,803

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
  • 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: 2048480010
  • Property Attached: Yes

Tax Info

  • Close Date: 2021-02-02
  • Tax Annual Amount: 7803.00
  • Tax Map Number: 2048480010

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
Feb 1, 2021
Sold by
Bronx Property Group Llc
Bought by
Chen Jiafeng
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%
Total Days on Market
48
Current Estimated Value
$1,047,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,354
Avg. Annual Appreciation
3.94%
Original Mortgage
$663,750
Outstanding Balance
$597,214
Interest Rate
2.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$450,140

Purchase Details

Closed on
Jan 30, 2020
Sold by
Pannell Dena and Pannell Martin
Bought by
Bronx Property Group Llc

Purchase Details

Closed on
Oct 6, 2008
Sold by
Dmac Of Ny Inc
Bought by
Pannell Dena and Pannell Martin

Purchase Details

Closed on
Mar 23, 2006
Sold by
Phillips Jacqueline
Bought by
North Oak Construction Inc
Source: Public Records

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Range of Values:

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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
Chen Jiafeng $885,000 --
Chen Jiafeng $885,000 --
Bronx Property Group Llc $650,000 --
Bronx Property Group Llc $650,000 --
Pannell Dena -- --
Pannell Dena -- --
North Oak Construction Inc $425,000 --
North Oak Construction Inc $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Jiafeng $663,750
Closed Chen Jiafeng $663,750
Previous Owner Dmac Of Ny Inc $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2021 02/02/21 Sold $885,000 -4.7% $277 / Sq Ft
09/30/2020 09/30/20 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 $8,885 $44,237 $8,377 $35,860
2024 $8,885 $44,237 $7,589 $36,648
2023 $7,337 $43,903 $8,685 $35,218
2022 $5,362 $50,160 $9,840 $40,320
2021 $3,923 $45,780 $9,840 $35,940
2020 $2,410 $44,280 $9,840 $34,440
2019 $1,050 $45,660 $9,840 $35,820
2018 $1,023 $36,586 $8,299 $28,287
2017 $1,023 $34,516 $8,512 $26,004
2016 $1,003 $32,563 $8,871 $23,692
2015 $685 $30,720 $10,920 $19,800
2014 $685 $30,720 $10,920 $19,800
Source: Public Records

Agents Affiliated with this Home

  • Otis D Gore

    Seller's Agent in 2021

    Otis D Gore

    Exit Realty Group

    (347) 387-5052

    15 in this area

    36 Total Sales

    Otis D Gore
    Section Image

  • G

    Seller Co-Listing Agent in 2021

    Gabriel Acevedo

    Exit Realty Group

    (347) 436-3416

    6 in this area

    18 Total Sales

    Gabriel Acevedo
    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY6062160

OneKey® MLS

APN: 04848-0010

New York Bronx County Bronx 10466 Wakefield

859 E 223rd St, Bronx, NY

This home is located at 859 E 223rd St, Bronx, NY 10466 since 13 August 2020 and is currently estimated at $1,047,354, approximately $327 per square foot. This property was built in 2006. 859 E 223rd St is a home located in Bronx County with nearby schools including Ps 21 Philip H Sheridan, North Bronx School of Empowerment, and Bronx Charter School For Excellence 4.

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