NOT LISTED FOR SALE

Estimated Value: $751,000 - $851,000

3 Beds
2 Baths
1,765 Sq Ft
$448/Sq Ft Est. Value

Last Sold September 22, 2021

Last sale price $695,000 $394 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,768/month

18 Days on Market

Highlights

  • Property is near public transit
  • 1 Car Attached Garage
  • Park
  • Wood Flooring
  • Window Unit Cooling System
  • 4-minute walk to Loreto Playground

About This Home

As of September 2021

Investment opportunity awaits in the desired Morris Park section of the Bronx. Semi-detached 2 family brick home with hardwood floors and a spacious fenced backyard. The upstairs unit features 2 bedrooms and 1 full bath with a large living area and the walk-in apartment has the same layout with 1 bedroom and 1 full bath. The home also features garage parking and is close to all major forms of transportation. This home will not last!!

Last Agent to Sell the Property

Stephen Mele

Houlihan Lawrence Inc. License #10401292574 Listed on: 06/24/2021

Co-Listed By

Anthony Saraco

Houlihan Lawrence Inc. License #10301222160

Last Buyer's Agent

James Dundon

Houlihan Lawrence Inc. License #10401352525

Houlihan Lawrence Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,974

Year Built

  • Built in 1955

Lot Details

  • 2,505 Sq Ft Lot
  • Two or More Common Walls
  • Fenced

Parking

  • 1 Car Attached Garage
  • Parking Storage or Cabinetry
  • Driveway
  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,765 Sq Ft Home
  • Storage
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 04106-0035

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,974

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1955
  • Co List Office Mls Id: ONETURNKE
  • Co List Office Phone: 914-361-1065
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Storage
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1765
  • SquareFootage: 1765.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Brick
  • Fencing: Fenced

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Attached, 1 Car Attached, Driveway, Garage, Storage, On Street

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Sewer: Sewer
  • Water Source: Public
  • Hot Water: Electric Stand Alone
  • NumberOfHeatingZones: 2

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Size Sq Ft: 2505
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04106-0035
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 1
  • NumberOf1Bedrooms: 1
  • NumberOf2Bedrooms: 1

Tax Info

  • Tax Annual Amount: 5974
  • Tax Map Number: 04106-0035

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

Closed on
Jul 22, 2021
Sold by
Saraco Susan M
Bought by
Ali Muhammad and Ali Mitul Riffat
Current Estimated Value
$789,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 2, 2009
Sold by
Estate Of Lawrence A Cardillo
Bought by
Saraco Susan M

Purchase Details

Closed on
Jun 11, 2008
Sold by
Estate Of Lawrence A Cardillo
Bought by
Saraco Susan M
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ali Muhammad $695,000 --
Saraco Susan M -- --
Saraco Susan M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ali Muhammad $556,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2021 09/22/21 Sold $695,000 0.0% $394 / Sq Ft
07/12/2021 07/12/21 Pending -- -- --
07/02/2021 07/02/21 Off Market $695,000 -- --
06/24/2021 06/24/21 For Sale $699,000 -- $396 / 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 $6,768 $33,869 $7,152 $26,717
2024 $6,768 $33,696 $7,260 $26,436
2023 $6,826 $33,613 $8,430 $25,183
2022 $6,330 $39,060 $9,540 $29,520
2021 $6,296 $34,380 $9,540 $24,840
2020 $5,974 $33,120 $9,540 $23,580
2019 $5,874 $33,420 $9,540 $23,880
2018 $5,710 $28,011 $9,416 $18,595
2017 $4,824 $26,426 $8,003 $18,423
2016 $4,457 $24,931 $7,536 $17,395
2015 $2,526 $23,520 $10,620 $12,900
2014 $2,526 $23,400 $10,620 $12,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6125984

OneKey® MLS

APN: 04106-0035