NOT LISTED FOR SALE

868 E 224th St Bronx, NY 10466

Wakefield Neighborhood

Estimated Value: $582,858 - $838,000

3 Beds
1 Bath
2,045 Sq Ft
$337/Sq Ft Est. Value

Last Sold September 15, 2016

Last sale price $360,000 $176 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $4,051/month

Highlights

  • Active Adult
  • Property is near public transit
  • Park

About This Home

As of January 2023

Renovated 3 bedrooms apartment located in the Williamsbridge neighborhood of the Bronx, living room, bathroom and kitchen, Located near transportation, highways, parks and local shops

Last Agent to Rent the Property

Nareema Baksh

Nareema Baksh Real Estate License #31BA0975433 Listed on: 12/19/2022

Last Renter's Agent

Nareema Baksh

Nareema Baksh Real Estate License #31BA0975433 Listed on: 12/19/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 3,790

Parking

  • On-Street Parking

Home Design

  • Entry on the 2nd floor

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • 1 Heating Zone
  • Radiant Heating System
  • Municipal Trash

Additional Features

  • Oven
  • Property is near public transit
  • Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 04848-0076

Community Details

Overview

  • Active Adult

Recreation

  • Park

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Rental Info

  • Legal Rental: Yes
  • Pets Allowed: No

Listing Details

  • Property Type: Residential Lease
  • Architectural Style: Multi Family, See Remarks
  • Property SubType: Multi Family
  • Year Built: 1920
  • Attribution Contact: 914-548-5744
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven, Refrigerator
  • Living Area Units: Square Feet
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Basement: Finished
  • Inclusions: Refrigerator
  • Entry Level: 2
  • Total Bedrooms: 3

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: On Street

Utilities

  • Cooling: None
  • Cooling: No
  • Garbage Removal: Public
  • Heating: Other, Radiant
  • Hot Water: See Remarks
  • Heating Zones: 1
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: Yes

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Features: Near Public Transit
  • Parcel Number: 04848-0076

Tax Info

  • Close Date: 2023-01-12

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
Mar 28, 2014
Closed on
Sep 2, 2016
Sold by
Grant Hopeton and Morris-Grant Dorothy
Bought by
Parmeshwar Dowlat
Seller's Agent
Nareema Baksh
Nareema Baksh Real Estate
Buyer's Agent
Raj Pers
List Price
$399,000
Sold Price
$360,000
Premium/Discount to List
-$39,000
-9.77%
Current Estimated Value
$689,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$329,215
Avg. Annual Appreciation
7.25%
Original Mortgage
$288,000
Outstanding Balance
$230,191
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$459,024

Purchase Details

Closed on
Feb 17, 1995
Sold by
Jackson Melton and Jackson Bessie
Bought by
Morris Grant Hopeton and Morris Grant Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
8%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Parmeshwar Dowlat $360,000 --
Morris Grant Hopeton $70,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parmeshwar Dowlat $288,000
Previous Owner Morris Grant Hopeton $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/12/2023 01/12/23 Rented $2,300 0.0% --
12/19/2022 12/19/22 Under Contract -- -- --
12/19/2022 12/19/22 For Rent $2,300 0.0% --
09/15/2016 09/15/16 Sold $360,000 -9.8% $176 / Sq Ft View Prior Sale
08/19/2015 08/19/15 Pending -- -- --
03/28/2014 03/28/14 For Sale $399,000 -- $195 / 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 $5,277 $27,850 $4,919 $22,931
2024 $5,277 $26,275 $5,431 $20,844
2023 $5,324 $26,215 $5,185 $21,030
2022 $5,126 $36,180 $8,520 $27,660
2021 $5,177 $32,400 $8,520 $23,880
2020 $4,912 $29,760 $8,520 $21,240
2019 $4,580 $30,300 $8,520 $21,780
2018 $4,453 $21,846 $5,671 $16,175
2017 $4,362 $21,398 $5,766 $15,632
2016 $4,098 $20,499 $6,193 $14,306
2015 $2,435 $19,340 $8,608 $10,732
2014 $2,435 $18,247 $8,430 $9,817
Source: Public Records

Agents Affiliated with this Home

  • Nareema Baksh

    Landlord's Agent in 2023

    Nareema Baksh

    Nareema Baksh Real Estate

    (914) 548-5744

    7 in this area

    40 Total Sales

    Nareema Baksh
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Map

Source: OneKey® MLS

MLS Number: KEY6224401

OneKey® MLS

APN: 04848-0076

New York Bronx County Bronx 10466 Wakefield

868 E 224th St, Bronx, NY

Not Listed for Sale

MultiFamily

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