NOT LISTED FOR SALE

953 Elder Ave Bronx, NY 10473

Soundview Neighborhood

Estimated Value: $721,968 - $942,000

5 Beds
2.5 Baths
2,260 Sq Ft
$357/Sq Ft Est. Value

Last Sold March 03, 2022

Last sale price $785,000 $347 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,706/month

22 Days on Market

About This Home

As of March 2022

Welcome to 953 Elder Ave. This is the perfect starter home for any investor or homeowner. This well kept legal 2-family boasts two separate gorgeous apartments. Apartment one features a very large 1st floor and 2nd floor duplex. This apartment features a very large living room with a seperate large dining room. Living room also features a well done electric fireplace for those cold and cozy winter days. Moving on you have a full on chefs kitchen, this kitchen features all stainless steel apllaicnes as well as a separate island with bar stools. You also have a well placed half bath off of the kitchen. Second floor features 3 large bedrooms as well as a large full bathroom that has been recently updated. Ground floor apartment has been recently updated as well and features two large bedrooms and a very modern full bathroom. Home also has a shared driveway with two full parking spots. We are centrally located and were only a 30 minute drive to Central Park in Manhatten. Dont miss out. Additional Information: ParkingFeatures:2 Car Attached, BuildingAreaSource: Public Records,

Last Agent to Sell the Property

Joseph Armato

Global Realty Development LLC Brokerage Phone: 914-960-4577 License #10491207909 Listed on: 11/09/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,288

Year Built

  • Built in 1935

Lot Details

  • Two or More Common Walls

Parking

  • 1 Car Attached Garage
  • Driveway

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 2-03651-0044

Community Details

Overview

  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,288

Year Built

Built in 1935

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1935
  • Attribution Contact: 914-960-4577
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: None
  • Total Bedrooms: 5
  • SquareFootageSource: Municipality

Garage/Parking

  • Total Parking Spaces: 2
  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Attached, Driveway

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Other
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Parcel Number: 2-03651-0044
  • Property Attached: Yes

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 5288
  • Tax Map Number: 2-03651-0044

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
Nov 9, 2021
Closed on
Mar 3, 2022
Sold by
Jerome Chiara L and Trim Gillian N
Bought by
Smith Crystal
Seller's Agent
Joseph Armato
Global Realty Development LLC
List Price
$799,000
Sold Price
$785,000
Premium/Discount to List
-$14,000
-1.75%
Current Estimated Value
$807,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,742
Avg. Annual Appreciation
0.75%
Original Mortgage
$788,398
Outstanding Balance
$735,277
Interest Rate
3.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$72,465

Purchase Details

Closed on
Aug 16, 2018
Sold by
Jerome Chiara L
Bought by
Jerome Chiara L and Trim Gillian N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,630
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 2, 2014
Closed on
Nov 24, 2014
Sold by
Drayton Sabrina R
Bought by
Jerome Chiara L
Seller's Agent
Santo Minyety
SM Homes Solutions Corp.
Buyer's Agent
Santo Minyety
SM Homes Solutions Corp.
List Price
$399,000
Sold Price
$371,000
Premium/Discount to List
-$28,000
-7.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.26%
Original Mortgage
$364,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2001
Sold by
Hud
Bought by
Drayton Sabrina R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,500
Interest Rate
6.9%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 16, 2000
Sold by
Wells Fargo Home Mtg Inc
Bought by
Hud

Purchase Details

Closed on
Jun 14, 1996
Sold by
Holy Assembly Of Jesus The Christ Inc
Bought by
Hiddekel Church Of God Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,550
Interest Rate
7.98%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 12, 1996
Sold by
Chemical Bank
Bought by
Holy Assembly Of Jesus The Christ Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,550
Interest Rate
7.98%
Mortgage Type
FHA
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
Smith Crystal $785,000 --
Jerome Chiara L -- --
Jerome Chiara L $371,000 --
Drayton Sabrina R $75,400 Fidelity National Title
Hud -- Nationwide Title
Hiddekel Church Of God Inc $125,500 --
Holy Assembly Of Jesus The Christ Inc $111,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Crystal $788,398
Previous Owner Jerome Chiara L $444,630
Previous Owner Jerome Chiara L $364,000
Previous Owner Drayton Sabrina R $137,500
Previous Owner Hiddekel Church Of God Inc $143,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/03/2022 03/03/22 Sold $785,000 -1.8% $347 / Sq Ft
12/01/2021 12/01/21 Pending -- -- --
11/09/2021 11/09/21 For Sale $799,000 +115.4% $354 / Sq Ft
11/25/2014 11/25/14 Sold $371,000 -7.0% $164 / Sq Ft View Prior Sale
10/10/2014 10/10/14 Pending -- -- --
06/02/2014 06/02/14 For Sale $399,000 -- $177 / 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 $5,692 $28,858 $5,668 $23,190
2024 $5,692 $28,339 $5,810 $22,529
2023 $5,734 $28,232 $5,495 $22,737
2022 $5,317 $33,900 $7,860 $26,040
2021 $5,288 $27,540 $7,860 $19,680
2020 $5,090 $30,420 $7,860 $22,560
2019 $4,940 $30,420 $7,860 $22,560
2018 $4,796 $23,527 $6,201 $17,326
2017 $4,525 $22,196 $7,795 $14,401
2016 $4,186 $20,940 $7,860 $13,080
2015 $2,888 $20,040 $7,740 $12,300
2014 $2,888 $19,680 $7,740 $11,940
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Joseph Armato

    Global Realty Development LLC

    Section Image

  • S

    Seller's Agent in 2014

    Santo Minyety

    SM Homes Solutions Corp.

    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY6153673

OneKey® MLS

APN: 03651-0044

New York Bronx County Bronx 10472 Soundview

953 Elder Ave, Bronx, NY

Not Listed for Sale

MultiFamily

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