NOT LISTED FOR SALE

1060 Morris Ave Bronx, NY 10456

Concourse Neighborhood

Estimated Value: $860,862 - $1,309,000

Studio
-- Bath
-- Sq Ft
2003 Built

Last Sold April 07, 2015

Last sale price $500,000

Est. 119% increase in value since last sale

Current estimated payment $6,393/month

407 Days on Market

About This Home

As of April 2015

Bronx Investment opportunity you don't want to miss! This newly constructed, extra-large townhouse is 20x60 and offers over 3,000 sq. ft. of living space.
The building features (1) 2.5 bedroom unit and (2) 3.5 units, with two bathrooms in each. The apartments all have an open and functional layout.
In close proximity to the D and 4 trains and buses. As well as Yankee Stadium, Municipal buildings, shopping services, and amenities.
Get a piece of the red hot Bronx now, call today!

Last Agent to Sell the Property

Marsha Yarde

Douglas Elliman Real Estate License #30YA1044526 Listed on: 10/29/2013

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2003

Interior Spaces

  • 3-Story Property

Community Details

  • 3 Units
  • Bronxother Subdivision

Listing and Financial Details

  • Tax Block 2437

Property Details

Home Type

Multi-Family

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Cross Street: x
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: BRONXOTHER
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Living Area Units: Square Feet

Building Info

  • Units: 3
  • Total Stories: 3
  • Year Built: 2003

Tax Info

  • Tax Block: 2437

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2013
Closed on
Mar 31, 2015
Sold by
Erskine Carolyn and Erskine John
Bought by
Rotblat Eli
Seller's Agent
Marsha Yarde
Douglas Elliman Real Estate
List Price
$550,000
Sold Price
$500,000
Premium/Discount to List
-$50,000
-9.09%
Current Estimated Value
$1,096,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$596,503
Avg. Annual Appreciation
7.52%
Original Mortgage
$365,000
Outstanding Balance
$279,966
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$812,250

Purchase Details

Closed on
Oct 19, 2004
Sold by
Uddin Bashir
Bought by
Erskine Carolyn and Erskine John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,200
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 2003
Sold by
1060 Morris Avenue Corp
Bought by
Uddin Bashir

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,750
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 2003
Sold by
Hendrix Management Corp
Bought by
1060 Morris Ave Corp
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
Rotblat Eli $500,000 --
Erskine Carolyn $474,000 --
Uddin Bashir $405,000 --
1060 Morris Ave Corp $24,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rotblat Eli $365,000
Previous Owner Erskine Carolyn $379,200
Previous Owner Uddin Bashir $384,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2015 04/07/15 Sold $500,000 -9.1% --
03/08/2015 03/08/15 Pending -- -- --
01/24/2014 01/24/14 For Sale $550,000 -- --
Source: Real Estate Board of New York (REBNY)

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 $7,913 $41,761 $6,830 $34,931
2024 $7,913 $39,397 $6,751 $32,646
2023 $7,548 $37,168 $5,478 $31,690
2022 $7,000 $55,080 $9,480 $45,600
2021 $7,379 $48,120 $9,480 $38,640
2020 $7,366 $48,000 $9,480 $38,520
2019 $6,868 $43,620 $9,480 $34,140
2018 $6,314 $30,973 $7,239 $23,734
2017 $5,956 $29,220 $9,480 $19,740
2016 $6,225 $31,140 $9,480 $21,660
2015 $3,942 $29,700 $9,480 $20,220
2014 $3,942 $28,320 $9,480 $18,840
Source: Public Records

Agents Affiliated with this Home

  • Marsha Yarde

    Seller's Agent in 2015

    Marsha Yarde

    Douglas Elliman Real Estate

    (718) 522-2929

    8 Total Sales

    Marsha Yarde
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10065714

Real Estate Board of New York (REBNY)

APN: 02437-0014

New York Bronx County Bronx 10456 Concourse

1060 Morris Ave, Bronx, NY

Not Listed for Sale

MultiFamily

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