NOT LISTED FOR SALE

1026 Rhinelander Ave Bronx, NY 10461

Morris Park Neighborhood

Estimated Value: $986,000 - $1,274,000

5 Beds
4 Baths
3,750 Sq Ft
$291/Sq Ft Est. Value

Last Sold July 23, 2014

Last sale price $562,500 $150 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $7,026/month

210 Days on Market

About This Home

As of July 2014

Brick legal Four Family building available in prime Morris Park location. Rented without rent stabilization. Conveniently situated within walking distance to schools, train, shopping & Jacobi Hospital/Einstein School of Medicine. Excellent investment opportunity.

Last Agent to Sell the Property

Justin Stuckey

Today Realty Corp. Brokerage Phone: 718-597-1777 License #10301213808 Listed on: 10/16/2013

Last Buyer's Agent

Justin Stuckey

Today Realty Corp. Brokerage Phone: 718-597-1777 License #10301213808 Listed on: 10/16/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,399

Year Built

  • Built in 1927

Lot Details

  • 2,482 Sq Ft Lot
  • No Common Walls

Home Design

  • 3,750 Sq Ft Home
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Heating System Uses Steam
  • Heating System Uses Oil

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 04128-0002

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,399

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: See Remarks
  • Property SubType: Multi Family
  • Year Built: 1927
  • Attribution Contact: 718-597-1777
  • Village: Bronx
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Basement: None
  • Total Bedrooms: 5
  • Living Area: 3750
  • Owner Pays: Insurance
  • SquareFootage: 3750.00

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Oil, Steam
  • Sewer: Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Operating Expense: 8845
  • AdditionalFeesYN: 0

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Dimensions: 0.0574
  • Lot Size Sq Ft: 2482
  • Lot Size Units: Acres
  • Parcel Number: 04128-0002
  • Zoning Description: R4
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Fuel Expense: 5000
  • Units Total: 4
  • Separate Electric Meters: 4
  • Separate Gas Meters: 4
  • NumberOf1Bedrooms: 2
  • NumberOf2Bedrooms: 2

Tax Info

  • Tax Annual Amount: 8399
  • Tax Map Number: 04128-0002
  • IncludedInTaxes: Trash

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: Call Listing Agent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2013
Closed on
Jul 23, 2014
Sold by
Dag Investors Inc
Bought by
Srdanovic Damir
Seller's Agent
Justin Stuckey
Today Realty Corp.
Buyer's Agent
Justin Stuckey
Today Realty Corp.
List Price
$610,000
Sold Price
$562,500
Premium/Discount to List
-$47,500
-7.79%
Total Days on Market
210
Current Estimated Value
$1,091,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$529,308
Avg. Annual Appreciation
6.27%
Original Mortgage
$499,000
Outstanding Balance
$384,215
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$707,593

Purchase Details

Closed on
Dec 6, 2011
Sold by
D'Agostino Annemarie
Bought by
Dag Investors Inc

Purchase Details

Closed on
May 23, 2011
Sold by
D'Agostino Annemarie
Bought by
D'Agostino Annemarie
Source: Public Records

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Range of Values:

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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
Srdanovic Damir $562,500 --
Dag Investors Inc -- --
D'Agostino Annemarie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Srdanovic Damir $499,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2014 07/23/14 Sold $562,500 -7.8% $150 / Sq Ft
05/15/2014 05/15/14 Pending -- -- --
10/16/2013 10/16/13 For Sale $610,000 -- $163 / 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 $14,787 $118,275 $27,008 $91,267
2024 $14,787 $118,274 $32,402 $85,872
2023 $13,993 $114,072 $37,110 $76,962
2022 $12,928 $276,300 $91,350 $184,950
2021 $0 $223,650 $91,350 $132,300
2020 $11,348 $244,800 $91,350 $153,450
2019 $11,474 $216,000 $91,350 $124,650
2018 $11,161 $87,748 $44,532 $43,216
2017 $10,338 $81,278 $44,714 $36,564
2016 $9,707 $75,296 $45,089 $30,207
2015 $6,081 $69,985 $48,821 $21,164
2014 $6,081 $69,985 $47,199 $22,786
Source: Public Records

Agents Affiliated with this Home

  • Justin Stuckey

    Seller's Agent in 2014

    Justin Stuckey

    Today Realty Corp.

    (718) 892-3600

    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEYH3331675

OneKey® MLS

APN: 04128-0002

New York Bronx County Bronx 10461 Morris Park

1026 Rhinelander Ave, Bronx, NY

This home is located at 1026 Rhinelander Ave, Bronx, NY 10461 since 16 October 2013 and is currently estimated at $1,091,808, approximately $291 per square foot. This property was built in 1927. 1026 Rhinelander Ave is a home located in Bronx County with nearby schools including P.S. 083 The Donald Hertz School, Emblaze Academy Charter School, and St. Clare of Assisi School.

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