NOT LISTED FOR SALE

Estimated Value: $686,000 - $860,000

4 Beds
3 Baths
2,196 Sq Ft
$354/Sq Ft Est. Value

Last Sold May 27, 2021

Last sale price $550,000 $250 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $4,850/month

107 Days on Market

Highlights

  • Water Access
  • Property is near public transit
  • Main Floor Primary Bedroom
  • Basketball Court
  • Wooded Lot
  • Eat-In Kitchen

About This Home

As of May 2021

Great find, three family house, it has 2 single bedrooms on the second floor which are occupied, and a 2 bedroom on the first floor which is vacant. It also has a full basement with a front and rear entrance. There is a two car garage in the rear. The home is conveniently located minutes from the 2 and 5 train. House does need a bit of work, and is being sold as is. Please do not disturb the tenants. House has a great deal of potential, Owner wants to sell.

Last Agent to Sell the Property

Reuben Flowers

Keller Williams Realty NYC Grp License #10401262227 Listed on: 02/08/2021

Keller Williams Realty NYC Grp

Last Buyer's Agent

Cheryl Warner

Bon Anno Realty ERA Powered License #40WA0836168

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,066

Year Built

  • Built in 1940

Lot Details

  • 2,196 Sq Ft Lot
  • No Common Walls
  • Wooded Lot

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,196 Sq Ft Home
  • Unfinished Basement
  • Walk-Out Basement
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Outdoor Features

  • Water Access
  • Basketball Court

Location

  • Property is near public transit

Utilities

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

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 04862-0083

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,066

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1940
  • Attribution Contact: 718-697-6800
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Master Downstairs, Eat-in Kitchen
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Unfinished, Walk-Out Access
  • Total Bedrooms: 4
  • Living Area: 2196.00
  • Square Footage: 2196.00

Exterior Features

  • Construction Materials: Vinyl Siding
  • Waterfront Features: Water Access
  • Exterior Features: Basketball Court

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Description: Driveway, Garage

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Oil, Hot Water
  • Hot Water: Gas Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Additional Fee: No

Schools

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

Lot Info

  • Lot Size Acres: 0.0500
  • Lot Size Area: 0.0500
  • Lot Size Sq Ft: 2196.00
  • Lot Size Units: Acres
  • Lot Features: Wooded, Near Public Transit
  • Parcel Number: 04862-0083
  • Property Attached: No

Rental Info

  • Hold Start Date: 2021-02-12
  • Tenant Pays: All Utilities

Tax Info

  • Close Date: 2021-05-27
  • Tax Annual Amount: 6066.00
  • Tax Map Number: 04862-0083

Multi Family

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

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
Feb 8, 2021
Closed on
May 26, 2021
Sold by
Gulley Winnie E
Bought by
952 East 227 Realty Llc
Seller's Agent
Reuben Flowers
Keller Williams Realty NYC Grp
Buyer's Agent
Reuben Flowers
Keller Williams Realty NYC Grp
List Price
$550,000
Sold Price
$550,000
Current Estimated Value
$777,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,667
Avg. Annual Appreciation
8.21%
Original Mortgage
$700,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 16, 1997
Sold by
Pizzuto Joseph
Bought by
Gulley Winnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,500
Interest Rate
7.98%
Mortgage Type
FHA
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
952 East 227 Realty Llc $495,000 --
Gulley Winnie $175,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 952 East 227 Realty Llc $945,000
Closed 952 East 227 Ralty Llc $27,500
Closed 952 East 227 Realty Llc $700,000
Previous Owner Gulley Winnie $373,350
Previous Owner Gulley Winnie $302,500
Previous Owner Gulley Winnie $203,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2021 05/27/21 Sold $550,000 0.0% $250 / Sq Ft
05/26/2021 05/26/21 Pending -- -- --
02/12/2021 02/12/21 Off Market $550,000 -- --
02/08/2021 02/08/21 For Sale $550,000 -- $250 / 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 $6,517 $34,392 $5,850 $28,542
2024 $6,517 $32,446 $5,977 $26,469
2023 $6,589 $32,446 $5,174 $27,272
2022 $6,318 $50,040 $8,400 $41,640
2021 $6,393 $43,440 $8,400 $35,040
2020 $6,066 $41,880 $8,400 $33,480
2019 $5,656 $41,880 $8,400 $33,480
2018 $5,512 $27,038 $7,601 $19,437
2017 $5,376 $26,374 $7,790 $18,584
2016 $5,061 $25,315 $7,430 $17,885
2015 $2,781 $23,883 $9,140 $14,743
2014 $2,781 $22,532 $8,623 $13,909
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6094474

OneKey® MLS

APN: 04862-0083