NOT LISTED FOR SALE

1097 Forest Ave Bronx, NY 10456

Morrisania Neighborhood

Estimated Value: $1,054,000 - $1,267,000

9 Beds
4 Baths
2,470 Sq Ft
$472/Sq Ft Est. Value

Last Sold August 08, 2018

Last sale price $890,000 $360 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $6,589/month

45 Days on Market

Highlights

  • The property is located in a historic district
  • Baseboard Heating
  • 3-minute walk to Basil Behagen Playground
  • Window Unit Cooling System

About This Home

As of August 2018

Beautiful legal 3 Family (Landmark) property with full finished basement used as a duplex with 1st floor to make it a 3bd room with 2 full baths. The property is in great condition and updated with finest of details with hard wood floors through the entire house. Duplex comes complete with beautiful finished kitchen and bathroom with a Jacuzzi, dishwasher, laundry room, family room, alarm/camera system, smart locks, smart thermostat and much more!. Other two units are two 3 bed room apartments which are also in good condition. Only a few minutes to the City and close to all. Make this your home today to enjoy with your Family.

Last Agent to Sell the Property

Jose Flores

EXIT Realty Private Client Brokerage Phone: 718-319-8500 License #10301219876 Listed on: 05/01/2018

EXIT Realty Private Client

Last Buyer's Agent

Fred H Levy

Moda Realty LLC License #40LE1093007

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,206

Year Built

  • Built in 1920

Lot Details

  • 1,747 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • 2,470 Sq Ft Home
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Location

  • The property is located in a historic district

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 02651-0051

Community Details

Overview

  • 3 Units

Building Details

  • 4 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,206

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: See Remarks
  • Property SubType: Multi Family
  • Year Built: 1920
  • Attribution Contact: 718-319-8500
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 4
  • Basement: Finished, Full, See Remarks, Walk-Out Access
  • Total Bedrooms: 9
  • Living Area: 2470
  • SquareFootage: 2470.00
  • SquareFootageSource: Other

Exterior Features

  • Construction Materials: Brick

Garage/Parking

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

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Sewer: Other
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 0.0401
  • Lot Size Sq Ft: 1747
  • Lot Size Units: Acres
  • Lot Features: Historic District
  • Parcel Number: 02651-0051
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 4
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 5206
  • Tax Map Number: 02651-0051

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: City of New York

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2018
Closed on
Aug 8, 2018
Sold by
Mota Jeffrey
Bought by
Cibulsky Daniel
Seller's Agent
Jose Flores
EXIT Realty Private Client
Buyer's Agent
Fred H Levy
Moda Realty LLC
List Price
$925,000
Sold Price
$890,000
Premium/Discount to List
-$35,000
-3.78%
Current Estimated Value
$1,166,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,834
Avg. Annual Appreciation
3.73%
Original Mortgage
$769,738
Outstanding Balance
$665,694
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$501,140

Purchase Details

Closed on
Jun 23, 2011
Sold by
Micasita Housing Development Fund
Bought by
Mota Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,506
Interest Rate
4.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 15, 2002
Sold by
Torres Catherine Esq Re and 163Rd Street Improvement
Bought by
Hud
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Cibulsky Daniel $890,000 --
Mota Jeffrey $823,633 --
Hud -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cibulsky Daniel $769,738
Previous Owner Mota Jeffrey $415,506
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2018 08/08/18 Sold $890,000 -3.8% $360 / Sq Ft
04/30/2018 04/30/18 Pending -- -- --
04/30/2018 04/30/18 For Sale $925,000 -- $374 / 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 $5,714 $31,642 $4,562 $27,080
2024 $5,714 $29,851 $4,400 $25,451
2023 $5,435 $28,162 $3,911 $24,251
2022 $5,017 $45,360 $7,500 $37,860
2021 $5,288 $39,660 $7,500 $32,160
2020 $5,286 $38,100 $7,500 $30,600
2019 $4,911 $36,480 $7,500 $28,980
2018 $4,486 $23,468 $6,563 $16,905
2017 $4,214 $22,140 $7,500 $14,640
2016 $4,896 $26,040 $7,500 $18,540
2015 $3,078 $25,328 $7,823 $17,505
2014 $3,078 $23,895 $7,397 $16,498
Source: Public Records

Agents Affiliated with this Home

  • Jose Flores

    Seller's Agent in 2018

    Jose Flores

    EXIT Realty Private Client

    (917) 353-8808

    1 in this area

    24 Total Sales

    Jose Flores
    Section Image

  • F

    Buyer's Agent in 2018

    Fred H Levy

    Moda Realty LLC

    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY4819026

OneKey® MLS

APN: 02651-0051

New York Bronx County Bronx 10456 Morrisania

1097 Forest Ave, Bronx, NY

Not Listed for Sale

MultiFamily

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