NOT LISTED FOR SALE

975 E 226th St Bronx, NY 10466

Wakefield Neighborhood

Estimated Value: $800,000 - $1,004,000

7 Beds
3 Baths
2,646 Sq Ft
$349/Sq Ft Est. Value

Last Sold June 04, 2021

Last sale price $792,000 $299 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,396/month

6 Days on Market

Highlights

  • Active Adult
  • Balcony
  • Park
  • Property is near public transit
  • Window Unit Cooling System
  • Hot Water Heating System

About This Home

As of June 2021

Well kept 3 Family home ...with great feature.... the second floor can be easily convert back to three bed room apt good location ..for now it a 3 bedroom over 2 bedroom over 2 bedroom nice layout ,good investment ...... A MUST SEE !!!!!!

Last Agent to Sell the Property

Garth Nevers

Nevers Realty, LLC License #10491212495 Listed on: 04/06/2021

Nevers Realty, LLC

Last Buyer's Agent

George Zhun Zhang

B Square Realty License #10301217166

B Square Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,572

Year Built

  • Built in 1925

Lot Details

  • 1,760 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • 2,646 Sq Ft Home

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Private Parking

Utilities

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

Additional Features

  • Balcony
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 04862-0011

Community Details

Overview

  • Active Adult
  • 3 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,572

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1925
  • Attribution Contact: 516-575-7500
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: None
  • Total Bedrooms: 7
  • Living Area: 2646.00
  • Square Footage: 2646.00

Exterior Features

  • Exterior Features: Balcony

Garage/Parking

  • Total Parking Spaces: 2.00
  • Attached Garage: No
  • Garage: No
  • Parking Description: Private

Utilities

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

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: Yes

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.0400
  • Lot Size Sq Ft: 1760.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04862-0011
  • Property Attached: Yes

Tax Info

  • Close Date: 2021-06-04
  • Tax Annual Amount: 5572.00
  • Tax Map Number: 04862-0011

Multi Family

  • Units Total: 3
  • Two Bedrooms: 2
  • Three Bedrooms: 1
  • Four Bedrooms: 3
  • 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
Apr 6, 2021
Closed on
Jun 4, 2021
Sold by
Smith Masey and Williams Rohan
Bought by
Chen Hongfen
Seller's Agent
Garth Nevers
Nevers Realty, LLC
Buyer's Agent
George Zhun Zhang
B Square Realty
List Price
$799,000
Sold Price
$792,000
Premium/Discount to List
-$7,000
-0.88%
Current Estimated Value
$923,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,627
Avg. Annual Appreciation
3.42%
Original Mortgage
$320,000
Outstanding Balance
$288,455
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$635,172

Purchase Details

Closed on
Dec 4, 2004
Sold by
Smith Masey and Williams Rohan
Bought by
Smith Masey and Williams Rohan

Purchase Details

Closed on
Dec 8, 2003
Sold by
Smith Masey
Bought by
Smith Masey and Williams Rohan

Purchase Details

Closed on
Sep 17, 2003
Sold by
Fraser Stenneth and Menzies Beryl
Bought by
Smith Masey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 2001
Sold by
Better Homes Depot Of The Bronx Inc
Bought by
Fraser Stenneth and Menzies Beryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,550
Interest Rate
7.05%
Mortgage Type
FHA
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
Chen Hongfen $792,000 --
Chen Hongfen $792,000 --
Smith Masey -- --
Smith Masey -- --
Smith Masey -- --
Smith Masey -- --
Smith Masey $360,000 --
Smith Masey $360,000 --
Fraser Stenneth $299,000 --
Fraser Stenneth $299,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Hongfen $320,000
Closed Chen Hongfen $320,000
Previous Owner Smith Masey $342,000
Previous Owner Fraser Stenneth $296,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2021 06/04/21 Sold $792,000 -0.9% $299 / Sq Ft
04/12/2021 04/12/21 Pending -- -- --
04/06/2021 04/06/21 For Sale $799,000 -- $302 / 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 $6,681 $33,264 $4,669 $28,595
2024 $6,681 $33,264 $4,758 $28,506
2023 $6,705 $33,014 $4,597 $28,417
2022 $6,218 $47,700 $7,260 $40,440
2021 $5,881 $38,760 $7,260 $31,500
2020 $5,572 $40,860 $7,260 $33,600
2019 $5,506 $40,620 $7,260 $33,360
2018 $5,311 $27,512 $6,658 $20,854
2017 $4,991 $25,955 $6,754 $19,201
2016 $4,585 $24,486 $6,688 $17,798
2015 $2,932 $23,100 $8,100 $15,000
2014 $2,932 $23,100 $8,100 $15,000
Source: Public Records

Agents Affiliated with this Home

  • Garth Nevers

    Seller's Agent in 2021

    Garth Nevers

    Nevers Realty, LLC

    (347) 353-7519

    5 in this area

    15 Total Sales

    Garth Nevers
    Section Image

  • G

    Buyer's Agent in 2021

    George Zhun Zhang

    B Square Realty

    (917) 609-8251

    1 in this area

    68 Total Sales

    George Zhun Zhang
    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY6106916

OneKey® MLS

APN: 04862-0011

New York Bronx County Bronx 10466 Wakefield

975 E 226th St, Bronx, NY

Not Listed for Sale

MultiFamily

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