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7 Park Avenue

7 Park Avenue, Bronxville, NY 10708
Property in Eastchester
Sold Aug 24, 2020
$1,250,000
$937,500 by Morgan Stanley Private Bank Na
Mortgage Due Sep 01, 2050
Sold Mar 27, 2013
$1,117,500
$894,000 by Wells Fargo Bank Na
Mortgage Due Mar 01, 2043
7 Park Avenue in Bronxville, NY was first built in 1929 and is 95 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a style that we are currently unable to determine. There are a total of 3 floors. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 7 Park Avenue has 1,867 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 1,742 square feet.

Learn more about the property and building on this page. There is a open porch. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as good. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a hot water heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 7 Park Avenue sold most recently in Aug 12, 2020 for a total of $1,250,000. If you work out the math, that's approximately a cost of $669.52 per sqft. Before that, the property was also sold for $1,117,500 in Feb 8, 2013. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $29,570 in taxes each year. 7 Park Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,250,000. If we break it down further, the land itself was valued at $366,000. Improvements to the property, however, were assessed at a total of $884,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Building Style: Other
  • Exterior Walls Type: Stucco
  • Floor Count: 3
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 1,742
  • Total Building Area: 1,867
  • Building Area: 1,867
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 1,867
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PARK AVENUE TERRACE HOUSES
  • Land Acres: 0.04
  • Standard Land Use Code: Townhouse (residential)

Ownership

  • Current Owner : REMMEL ALEXANDRA
  • Current Owner 2: REMMEL HARMON MARTIN
  • Previous Owner : VIONI LISA
  • Previous Owner 2: ARTHURS ROBERT
  • Owner Before Previous Owner: TAGUE PETER A
  • Owner Before Previous Owner 2: TAGUE CHERYL S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bronxville Union Free School District
  • School Tax School District: BRONXVILLE
  • Census Tract: 004700

Zoning

  • Zoning: AA

Geography

  • District: 552401
  • Section: 14.A
  • Parcel: 552401 14.A/4/18.F
  • Block: 4
  • Lot: 18.F
  • Municipality: BRONXVILLE
  • Latitude: 40.9421
  • Longitude: -73.8269

    Address

  • Full Address: 7 Park Avenue Ter
  • Address - House Number: 7
  • Address - Street Name: Park Avenue
  • Address - Suffix Type: Ter
  • State: NY
  • City Name: Bronxville
  • Carrier Code: C003
  • 4-Digit Zip Code: 1712
  • Zip Code: 10708

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $29,570
  • Tax Rate Code Area: 552403

    Appraisal Valuation

  • Standard Deviation: 0.2156
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 70
  • Final Value: 1,714,527
  • High Value: 2,084,230
  • Low Value: 1,344,824

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $937,500
  • First Open Lien Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • First Open Lien Mortgage Recording Date: Aug 24, 2020
  • First Open Lien Mortgage Loan Amount: $937,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2050

    Market Valuation

  • Market Total Value: $1,250,000
  • Market Land Value: $366,000
  • Market Improvement Value: $884,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,250,000
  • Assessed Land Value: $366,000
  • Assessed Improvements Value: $884,000

    Sales

  • Current Sale Contract Date: Aug 12, 2020
  • Current Sale Recording Date: Aug 24, 2020
  • Current Sale Transaction ID: 11784014857
  • Current Sale Price: $1,250,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 602173446
  • Previous Sale Recording Date: Mar 27, 2013
  • Previous Sale Contract Date: Feb 08, 2013
  • Previous Sale Amount: $1,117,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • First Mortgage Transaction Date: Aug 24, 2020
  • First Mortgage Loan Amount: $937,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Mar 27, 2013
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $894,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Mar 01, 2043

About Bronxville



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Frequently Asked Questions

What neighborhood is 7 Park Avenue located in?
The 7 Park Avenue is a located in the neighborhood of Eastchester in Bronxville, Bronxville.
What is the average sales price for listings in 7 Park Avenue?
The average sales price for units in 7 Park Avenue is $0 currently.

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