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507 7th Ave, Mount Vernon, NY, 10550

$175,000

Home List Price

$2,078*

Closing Credit

0 Baths
Multi

Location

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507 7th Ave, Mount Vernon$175,000

Buyer Closing Credits

$2,078*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNo Garage
Year Built1901
HeatingNatural Gas
CoolingNone
BasementYes
MLS #H800201
StatusActive
(A)

About 507 7th Ave

Unfortunate circumstances created an opportunity for a developer to rebuild this two-family home. This Colonial style home is situated on a 2,614 sf level lot just two doors down from Sanford Blvd. This Mount Vernon home requires new roofing and joists, windows, plumbing, electrical and all the interior and exterior cosmetics including kitchen, baths, siding, interior and exterior door, heating system etc. There is no moratorium to get the gas back on in the home. Call an architect and let's get this home back to life. BuildingAreaSource: Other,

Property Details

Property Features

Property Information:

  • Architectural Style: Duplex
  • Year Built: 1901

Listing Office:

  • Office Name: Century 21 Marciano
  • Office Phone: (914) 235-4996

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: No Garage

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $175,000
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Housing Market Comparison

See how this home compares to others in Mount Vernon, NY.

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Mount Vernon, NY

City

Med. Sold Price

$498.4K

Med. Price/SqFt

$241

Avg. Days On Market

61

# of Sold Homes

26

507 7th Ave vs Mount Vernon

1 DAY ON ROCKET

-60 Days

$175,000

-$323.4K Less

KEY TAKEAWAY

This property is $323.4K less than the Median Sold Price in Mount Vernon, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY
  • MLS Number: #H800201

Listing Office:

  • Office Name: Century 21 Marciano
  • Office Phone: (914) 235-4996

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.

Information Copyright 2024, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 11/16/2024, 10:56:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$941

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$591

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-345485
4
/10

  • Rebecca Turner Elemtnary School

  • 625 S 4th Ave

  • 0.28 miles

  • Public District Grades PK-4

school-card-donut-345486
7
/10

  • P.S. 68 Bronx

  • 4011 Monticello Ave

  • 0.52 miles

  • Public District Grades PK-5

school-card-donut-345487
4
/10

  • P.S. 87 Bronx

  • 1935 Bussing Ave

  • 0.61 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,000. Most Mount Vernon, NY residents have annual incomes between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Westchester County›Mount Vernon›10550›507 7th Ave

This home is located at 507 7th Ave in Mount Vernon, NY and zip code 10550. This home was built in 1901. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $175,000.

Over 13 listings were sold over their listed price in October 2024 in Mount Vernon, NY. In the same period over 7 listings were sold below the listed price and 6 listings were sold for the listed price. The inventory of homes for sale in Mount Vernon, NY between September 2024 and October 2024 increased by 4.9%. In October 2024, listings were on the market for 61 days. During the same period, the median list price in this real estate market was $498,404.

From Rocket Homes Real Estate and based on county public records data.

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