1 month on rocket

507 S 7th Ave, Mount Vernon, NY, 10550

$175,000

Home List Price

$2,078*

Closing Credit

0 Baths
Multi

Location

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507 S 7th Ave, Mount Vernon$175,000

Buyer Closing Credits

$2,078*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1901
HeatingNatural Gas
CoolingNone
BasementYes
MLS #800201
Lot Size0.06 Acres
StatusActive

About 507 S 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.

Property Details

Property Features

Property Information:

  • Year Built: 1901

Listing Office:

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

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Other

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $175,000

Tax Information:

  • Annual Amount: $9,482
  • Tax Year: 2019
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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

$500K

Med. Price/SqFt

$233

Avg. Days On Market

68

# of Sold Homes

15

507 S 7th Ave vs Mount Vernon

32 DAYS ON ROCKET

-36 Days

$175,000

-$325K Less

KEY TAKEAWAY

This property is $325K 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: ONEKEY2
  • MLS Number: #800201

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: 12/17/2024, 10:56:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020 - $6,400
2019$9,482$6,400
2018$9,293$6,400
2017$9,056$6,400

History based on county public records data.

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-4337421
4
/10

  • Rebecca Turner Elemtnary School

  • 625 S 4th Ave

  • 0.28 miles

  • Public District Grades PK-4

school-card-donut-4337422
7
/10

  • P.S. 68 Bronx

  • 4011 Monticello Ave

  • 0.52 miles

  • Public District Grades PK-5

school-card-donut-4337423
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. Typical income of Mount Vernon, NY residents is between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

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

This home is located at 507 S 7th Ave in Mount Vernon, NY and zip code 10550. This home, which was built in 1901, sits on a 0.06 acre lot. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $175,000.

In November 2024 more than 4 listings in Mount Vernon, NY were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 7 were sold below. Between October 2024 and November 2024, Mount Vernon, NY real estate market has seen decrease in the number of listings by 21.8%. The median list price of listings available in November 2024 was $500,000, while the average time on the real estate market was 68 days.

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

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