NOT LISTED FOR SALE

Estimated Value: $723,000 - $963,000

11 Beds
4 Baths
2,440 Sq Ft
$329/Sq Ft Est. Value

Last Sold November 21, 2022

Last sale price $890,000 $365 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $4,738/month

56 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Park
  • Property is near public transit
  • Window Unit Cooling System
  • Hot Water Heating System

About This Home

As of November 2022

Authentic, updated, and spectacular roaring 1920s brick home that now boasts two impressive units, each with four bedrooms - perfect for investors and those seeking generational living solutions. Live in one unit and rent out the other or rent both out as a great addition to your real estate portfolio. This light-filled property offers thoughtful nods to some of the original features, including hardwood floors and moldings around the windows and doors. The real highlight of this property is the beautiful backyard space providing both units access to a stone patio, lush lawn, and outdoor storage shed, with room to roam, plant gardens, and enjoy the sunshine this summer. This home includes a detached driveway that can accommodate two cars for off-street parking, plenty of storage options, recently updated in-law suites, and much more! This is a very rare property for the desirable Wakefield neighborhood! Located within a commutable distance to downtown NYC and Westchester and a short drive to area schools, shops, and businesses. Begin your next chapter on E 223rd Street - you won't regret it!

Last Agent to Sell the Property

Ramanjit Dhanoa

eXp Realty License #10301216407 Listed on: 06/09/2022

eXp Realty

Co-Listed By

George Payamps

eXp Realty License #10401356141

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,268

Year Built

  • Built in 1920

Lot Details

  • 2,500 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,440 Sq Ft Home
  • Wood Flooring
  • Finished Basement

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 4 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Common or Shared Parking
  • Driveway

Location

  • Property is near public transit

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Municipal Trash

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 04858-0054

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,268

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: See Remarks, Townhouse, Colonial
  • Property SubType: Multi Family
  • Year Built: 1920
  • Attribution Contact: 888-276-0630
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Basement: Finished
  • Total Bedrooms: 11
  • Living Area: 2440.00
  • Square Footage: 2440.00

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Total Parking Spaces: 2.00
  • Attached Garage: No
  • Garage: No
  • Parking Description: Common, Driveway

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Garbage Removal: Public
  • Heating: Natural Gas, Oil, Other, Hot Water
  • Hot Water: See Remarks
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.0600
  • Lot Size Sq Ft: 2500.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04858-0054
  • Property Attached: Yes

Rental Info

  • Tenant Pays: Electricity, Gas

Tax Info

  • Close Date: 2022-11-21
  • Tax Annual Amount: 5268.00
  • Tax Map Number: 04858-0054

Multi Family

  • Units Total: 2
  • Three Bedrooms: 1
  • Four Bedrooms: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

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 9, 2022
Closed on
Nov 18, 2022
Sold by
Richards Hector and Richards Shirley
Bought by
Holguin Daniel and Holguin Juan C
Seller's Agent
Ramanjit Dhanoa
eXp Realty
List Price
$899,999
Sold Price
$890,000
Premium/Discount to List
-$9,999
-1.11%
Views
14
Current Estimated Value
$803,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$86,296
Avg. Annual Appreciation
-3.24%
Original Mortgage
$731,000
Outstanding Balance
$707,596
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$96,108

Purchase Details

Closed on
Jan 13, 2005
Sold by
Bynoe Margaret E and Bynoe Margaret H
Bought by
Richards Hector and Richards Shirley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,700
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 2002
Sold by
Bynoe Ivan and Bynoe Margaret E
Bought by
Bynoe Ivan and Bynose Margaret E

Purchase Details

Closed on
Sep 12, 2001
Sold by
Bynoe Ivan and Tompkins Ophie
Bought by
Bynoe Ivan and Bynoe Margaret E

Purchase Details

Closed on
Feb 13, 1996
Sold by
Bynoe Ivan and Bynoe Ila
Bought by
Bynoe Ivan and Tompkins Ophie

Purchase Details

Closed on
Aug 10, 1994
Sold by
Bynoe Ivan and Bynoe Ila
Bought by
Bynoe Ivan and Bynoe Ila
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Holguin Daniel $890,000 --
Holguin Daniel $890,000 --
Richards Hector $306,000 --
Richards Hector $306,000 --
Bynoe Ivan -- --
Bynoe Ivan -- --
Bynoe Ivan -- --
Bynoe Ivan -- --
Bynoe Ivan -- First American Title Ins Co
Bynoe Ivan -- First American Title Ins Co
Bynoe Ivan -- Commonwealth Land Title Ins
Bynoe Ivan -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holguin Daniel $731,000
Closed Holguin Daniel $731,000
Previous Owner Richards Hector $290,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2022 11/21/22 Sold $890,000 -1.1% $365 / Sq Ft
08/04/2022 08/04/22 Pending -- -- --
06/09/2022 06/09/22 For Sale $899,999 -- $369 / 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 $6,324 $31,726 $6,345 $25,381
2024 $6,324 $31,486 $6,668 $24,818
2023 $6,033 $29,704 $5,892 $23,812
2022 $5,307 $45,900 $8,640 $37,260
2021 $5,261 $37,260 $8,640 $28,620
2020 $5,300 $31,620 $8,640 $22,980
2019 $5,196 $31,620 $8,640 $22,980
2018 $4,748 $24,753 $5,777 $18,976
2017 $4,461 $23,353 $5,973 $17,380
2016 $4,095 $22,032 $6,528 $15,504
2015 $2,437 $22,032 $7,714 $14,318
2014 $2,437 $21,865 $8,251 $13,614
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6189333

OneKey® MLS

APN: 04858-0054