NOT LISTED FOR SALE

Estimated Value: $811,000 - $1,062,000

7 Beds
2 Baths
2,024 Sq Ft
$484/Sq Ft Est. Value

Last Sold February 05, 2021

Last sale price $860,000 $425 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,883/month

131 Days on Market

Highlights

  • 0.11 Acre Lot
  • Deck
  • Wood Flooring
  • Colonial Architecture
  • Property is near public transit
  • 2 Car Detached Garage

About This Home

As of February 2021

Great Morris Park location multi family home sits on a 5000 sq' lot with detached two car garage, two new gas boilers and HW heaters , updated kitchen , hardwood floors through out, finished walk out basement, close to #5 train , major highways and retail stores.

Last Agent to Sell the Property

Joe Cosentino

Morris Park Realty Group License #10311205741 Listed on: 06/20/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,000

Year Built

  • Built in 1930 | Remodeled in 2010

Lot Details

  • 5,001 Sq Ft Lot
  • No Common Walls
  • Fenced
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Frame Construction
  • Aluminum Siding
  • Block Exterior

Interior Spaces

  • 2,024 Sq Ft Home
  • Entrance Foyer
  • Storage
  • Wood Flooring
  • Finished Basement
  • Walk-Out Basement
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio
  • Porch

Location

  • Property is near public transit

Utilities

  • Window Unit Cooling System
  • 2 Heating Zones
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Assessor Parcel Number 04306-0001

Community Details

Overview

  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,000

Year Built

Built in 1930 | Remodeled in 2010

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1930
  • Year Built Effective: 2010
  • Attribution Contact: 718-881-1923
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2010

Interior Features

  • Interior Amenities: Eat-in Kitchen, Entrance Foyer, Storage
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Finished, Walk-Out Access
  • Total Bedrooms: 7
  • Living Area: 2024.00
  • Square Footage: 2024.00

Exterior Features

  • Construction Materials: Block, Frame, Aluminum Siding
  • Fencing: Fenced
  • Patio and Porch Features: Deck, Patio, Porch

Garage/Parking

  • Total Parking Spaces: 3.00
  • Attached Garage: No
  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Description: Detached, 2 Car Detached

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Other Expense: 1200.00

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.1100
  • Lot Size Sq Ft: 5001.00
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 04306-0001
  • Property Attached: No

Rental Info

  • Tenant Pays: Cooking Gas, Electricity

Tax Info

  • Close Date: 2021-02-05
  • Included in Taxes: Trash
  • Tax Annual Amount: 8000.00
  • Tax Map Number: 04306-0001

Multi Family

  • Units Total: 2
  • Three Bedrooms: 1
  • Four Bedrooms: 1
  • Separate Electric Meters: 3
  • Separate Gas Meters: 2

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
Jun 20, 2020
Closed on
Feb 5, 2021
Sold by
Lombardo Joseph P and Restifo Philip E
Bought by
Saifullah Kbn
Seller's Agent
Joe Cosentino
Morris Park Realty Group
List Price
$889,000
Sold Price
$860,000
Premium/Discount to List
-$29,000
-3.26%
Current Estimated Value
$978,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,688
Avg. Annual Appreciation
2.65%
Original Mortgage
$688,000
Outstanding Balance
$614,808
Interest Rate
2.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$363,880
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
Saifullah Kbn $860,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saifullah Kbn $688,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2021 02/05/21 Sold $860,000 -3.3% $425 / Sq Ft
10/29/2020 10/29/20 Pending -- -- --
10/26/2020 10/26/20 For Sale $889,000 0.0% $439 / Sq Ft
10/19/2020 10/19/20 Pending -- -- --
06/20/2020 06/20/20 For Sale $889,000 -- $439 / 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 $9,180 $46,138 $10,037 $36,101
2024 $9,180 $45,706 $9,889 $35,817
2023 $9,246 $45,528 $10,078 $35,450
2022 $8,575 $54,180 $12,060 $42,120
2021 $8,528 $50,940 $12,060 $38,880
2020 $8,138 $47,520 $12,060 $35,460
2019 $7,968 $44,820 $12,060 $32,760
2018 $7,734 $37,940 $10,195 $27,745
2017 $7,296 $35,793 $10,062 $25,731
2016 $6,751 $33,768 $10,842 $22,926
2015 $3,853 $32,040 $13,380 $18,660
2014 $3,853 $31,740 $13,380 $18,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6046567

OneKey® MLS

APN: 04306-0001