NOT LISTED FOR SALE

Estimated Value: $220,000 - $247,000

1 Bed
1 Bath
-- Sq Ft
$637/ mo HOA Fee

Last Sold March 09, 2021

Last sale price $187,500

Est. 24% increase in value since last sale

Current estimated payment $1,952/month

98 Days on Market

Highlights

  • Pre War Building
  • Entrance Foyer
  • Courtyard
  • Intercom
  • Laundry Facilities

About This Home

As of March 2021

Great investment property in the heart of Parkchester!

Extra Large 1 Bedroom, 1 Bath recently renovated, featuring hardwood floors, modern stainless steel appliances, granite countertops in the kitchen, and brand new tile and vanity in the bathroom.

The king-sized bedroom has double exposures with great morning sunlight. Plenty of storage and closet space with extra-large closets throughout.

This unit is in close proximity to Key Food and C-Town as well as Parkchester Shopping Center with stores such as Macy's Marshalls, Starbucks, and much more. You will also be in the center of Three Health clubs: Blink, Powerhouse, and New York Sports Clubs.

There are Laundry and Dry Cleaning services within a one-block radius.

For transportation, you have your choice of the BXM6 (Manhattan Express Bus), BX22, BX4, and the Local and Express 6 Train located at the Hugh Grant Circle. Additionally, the MTA is on track to complete a MetroNorth Extension stop less than a football field away from your front door (2023) providing you access to Grand Central within 35 Minutes and Connecticut.

The apartment is being sold with a tenant in the unit. The current Tenant is paying $1500 per month with Lease Expiring in March 2021. Never missed a payment.

Preapproval and COVID questionnaires need to be provided to the listing agent for an in-person appointment and proper PPE must be worn during the visit.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $562

Year Built

  • Built in 1939

HOA Fees

  • $637 Monthly HOA Fees

Home Design

  • Pre War Building
  • Entry on the 2nd floor

Interior Spaces

  • Entrance Foyer
  • Intercom

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Listing and Financial Details

  • Legal Lot and Block 7501 / 3944

Community Details

Overview

  • Parkchester North Condominium, Condos
  • Parkchester Subdivision
  • 8-Story Property

Amenities

  • Courtyard
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$562

Year Built

Built in 1939

HOA Fees

$637 per month

Listing Details

  • Cross Street: Dogwood Drive/Elm Drive
  • Exposures: East,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Parkchester
  • Architectural Style: Prewar
  • Entry Level: 2
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 8

Interior Features

  • Interior Features: Entrance Foyer
  • Equipment (Other): Intercom
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Exterior Features

  • Exterior Features: Building Courtyard

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 637.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Building Name: Parkchester North Condominium,
  • Total Stories: 8
  • Year Built: 1939

Tax Info

  • Tax Block: 3944
  • Tax Lot: 7501
  • Tax Annual: 561.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2020
Closed on
Mar 9, 2021
Sold by
Lopez Joshua L
Bought by
Magruder Gloria
List Price
$187,500
Sold Price
$187,500
Current Estimated Value
$232,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,914
Avg. Annual Appreciation
4.37%
Original Mortgage
$118,000
Outstanding Balance
$105,779
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$126,635

Purchase Details

Closed on
Jun 30, 2010
Sold by
Alexander Terrance John
Bought by
Lopez Joshua L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,840
Interest Rate
4.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 7, 2006
Sold by
Vision Real Estate Group Llc
Bought by
Alexander Terrance John and Heisner Kevin Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,800
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Magruder Gloria $187,500 --
Lopez Joshua L $84,800 --
Alexander Terrance John $108,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magruder Gloria $118,000
Previous Owner Lopez Joshua L $67,840
Previous Owner Alexander Terrance John $86,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2021 03/09/21 Sold $187,500 0.0% --
11/20/2020 11/20/20 Pending -- -- --
08/14/2020 08/14/20 For Sale $187,500 -- --
Source: Real Estate Board of New York (REBNY)

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 $1,266 $23,248 $6,232 $17,016
2024 $1,266 $23,122 $6,027 $17,095
2023 $561 $22,578 $5,748 $16,830
2022 $198 $21,953 $6,167 $15,786
2021 $1,014 $21,270 $5,484 $15,786
2020 $562 $22,826 $5,484 $17,342
2019 $464 $22,446 $5,104 $17,342
2018 $738 $20,606 $3,264 $17,342
2017 $700 $19,423 $2,081 $17,342
2016 $687 $18,693 $2,814 $15,879
2015 -- $17,850 $2,815 $15,035
2014 -- $18,028 $2,815 $15,213
Source: Public Records

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10658321

Real Estate Board of New York (REBNY)

APN: 03944-2690

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