NOT LISTED FOR SALE

Estimated Value: $833,194 - $903,000

7 Beds
3 Baths
2,250 Sq Ft
$385/Sq Ft Est. Value

Last Sold September 13, 2024

Last sale price $835,000 $371 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,019/month

63 Days on Market

About This Home

As of September 2024

Welcome to your new home 1032 Rhinelander Ave. This fully detached brick home is located in desirable Morris Park area of the Bronx. This legal 2 family is renovated recently. The market rent will be over 6K. It consists of 2 bedrooms apartment over 3 bedroom apartment over finished walk-out basement with 2 rooms and a full bathroom. New hardwood floor throughout, stainless steel appliances, upgraded bathroom, whole house is sun-drenched during the daytime. Conveniently close to schools, shops, restaurants, 5 train Morris Park station, local bus stations and major highways. Call today to schedule your private viewing. Additional Information: HeatingFuel:Oil Above Ground,

Last Agent to Sell the Property

Alex Huang

Han Tang Realty Inc. Brokerage Phone: (718) 513-1111 License #10311206937 Listed on: 03/01/2024

Last Buyer's Agent

Ying Dong

Han Tang Realty Inc. License #10401306137

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,789

Year Built

  • Built in 1920

Lot Details

  • 2,252 Sq Ft Lot

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Parking

  • 1 Parking Space
  • Driveway
  • Off-Street Parking

Schools

  • Contact Agent Elementary And Middle School
  • Contact Agent High School

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Radiant Heating System
  • Oil Water Heater

Listing and Financial Details

  • Assessor Parcel Number 04128-0005

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,789

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Duplex
  • Year Built: 1920
  • Attribution Contact: (718) 513-1111
  • ResoBuildingAreaSource: Other
  • CurrentPrice: 835000.00
  • MlsMajorChangeType: Sold
  • ListPrice_By_OriginalListPrice: 1.00000
  • ListPrice_By_LotSizeAcres: 16615087.0406
  • CurrentPrice_By_BuildingAreaTotal: 371.11111
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oil Water Heater
  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 1
  • Parking Description: Driveway, Off Street

Utilities

  • Cooling: None
  • Heating: Oil, Radiant
  • Sewer: Public Sewer
  • Utilities: Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Contact Agent

Lot Info

  • Lot Size Acres: 0.0517
  • Lot Size Sq Ft: 2252
  • Parcel Number: 04128-0005
  • Property Attached: No

Rental Info

  • Tenant Pays: None

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 1
  • Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 5789
  • Tax Year: 2023

MLS Schools

  • Elementary School: Contact Agent
  • High School: Contact Agent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
Sep 12, 2024
Sold by
Zheng Liang Chen
Bought by
Avonlong-Tsafack Martine and Tsafack Christian
Seller's Agent
Alex Huang
Han Tang Realty Inc.
Buyer's Agent
Ying Dong
Han Tang Realty Inc.
List Price
$859,000
Sold Price
$835,000
Premium/Discount to List
-$24,000
-2.79%
Current Estimated Value
$866,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,549
Avg. Annual Appreciation
2.68%
Original Mortgage
$791,615
Outstanding Balance
$781,949
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$84,600

Purchase Details

Listed on
Aug 25, 2020
Closed on
Feb 5, 2021
Sold by
Caporale Joan B
Bought by
Zheng Liang Chen
Seller's Agent
Joe Cosentino
Morris Park Realty Group
List Price
$679,000
Sold Price
$655,000
Premium/Discount to List
-$24,000
-3.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.96%
Original Mortgage
$524,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 17, 2007
Sold by
Guarino Sabrina M
Bought by
Caporale Joan B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.16%
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
Avonlong-Tsafack Martine $835,000 --
Zheng Liang Chen $655,000 --
Zheng Liang Chen $655,000 --
Caporale Joan B -- --
Caporale Joan B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Avonlong-Tsafack Martine $791,615
Previous Owner Zheng Liang Chen $524,000
Previous Owner Caporale Joan B $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/13/2024 09/13/24 Sold $835,000 -2.8% $371 / Sq Ft
05/03/2024 05/03/24 Pending -- -- --
03/01/2024 03/01/24 For Sale $859,000 +31.1% $382 / Sq Ft
02/05/2021 02/05/21 Sold $655,000 -3.5% $378 / Sq Ft View Prior Sale
11/16/2020 11/16/20 Pending -- -- --
08/25/2020 08/25/20 For Sale $679,000 -- $391 / Sq Ft
Source: OneKey® MLS

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 $6,136 $32,383 $7,215 $25,168
2024 $6,136 $30,551 $7,336 $23,215
2023 $5,854 $28,823 $7,122 $21,701
2022 $4,373 $40,260 $10,200 $30,060
2021 $5,865 $35,520 $10,200 $25,320
2020 $2,197 $30,180 $10,200 $19,980
2019 $2,004 $30,180 $10,200 $19,980
2018 $1,789 $24,019 $9,387 $14,632
2017 $1,721 $23,223 $7,943 $15,280
2016 $2,861 $23,223 $8,993 $14,230
2015 $2,204 $22,488 $9,219 $13,269
2014 $2,204 $21,216 $9,616 $11,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: H6292512

OneKey® MLS

APN: 04128-0005