NOT LISTED FOR SALE

1123 Rhinelander Ave Bronx, NY 10461

Morris Park Neighborhood

Estimated Value: $981,000 - $1,126,000

6 Beds
2 Baths
3,300 Sq Ft
$311/Sq Ft Est. Value

Last Sold December 06, 2019

Last sale price $795,000 $241 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $6,110/month

30 Days on Market

Highlights

  • Property is near public transit
  • Park
  • Hot Water Heating System
  • Window Unit Cooling System

About This Home

As of December 2019

A Rare Find! A Spacious Two-Family Detached Brick House located in the Heart of Morris Park. This Lovely Home has a Three-Bedroom Apartment over another Three-Bedroom Apartment, and a Finished Basement. In addition, there is also a Private Driveway for parking and a Backyard. Only a Short Walking Distance to Stores, Schools, Hospitals, Public Transportation such as the Bx8, Bx21, the Express Bus BxM10, the 5 Train to Manhattan, and Easy Access to the Bronx River Pkwy, Hutchinson River Pkwy, and the I-95. Very Convenient to All! A Must See!

Last Agent to Sell the Property

Cheng Lee

RE/MAX Top License #10311203626 Listed on: 08/15/2019

RE/MAX Top

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,904

Year Built

  • Built in 1925

Lot Details

  • 2,252 Sq Ft Lot
  • No Common Walls

Parking

  • Driveway

Home Design

  • 3,300 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit

Utilities

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

Additional Features

  • Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 04273-0038

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,904

Year Built

Built in 1925

Lot Details

2,252 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Finished
  • Total Bedrooms: 6
  • Living Area: 3300.00
  • Square Footage: 3300.00

Exterior Features

  • View YN: No

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway

Utilities

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

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.0500
  • Lot Dimensions: 0.0517
  • Lot Size Sq Ft: 2252.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04273-0038
  • Property Attached: No

Tax Info

  • Close Date: 2019-12-06
  • Tax Annual Amount: 6904.00
  • Tax Map Number: 04273-0038

Multi Family

  • Units Total: 2
  • Three Bedrooms: 2
  • Separate Electric Meters: 2
  • 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
Aug 15, 2019
Closed on
Dec 6, 2019
Sold by
Bx1123 Llc
Bought by
Huang Shanshan
Seller's Agent
Cheng Lee
RE/MAX Top
List Price
$825,000
Sold Price
$795,000
Premium/Discount to List
-$30,000
-3.64%
Current Estimated Value
$1,027,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,872
Avg. Annual Appreciation
4.16%
Original Mortgage
$539,000
Outstanding Balance
$475,206
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$552,666

Purchase Details

Closed on
Dec 21, 2015
Sold by
Mandarino Annamaria and Mandarino Annmarie
Bought by
Bx1123 Llc

Purchase Details

Closed on
May 14, 2001
Sold by
Tamigi Joseph and Tamigi Rose
Bought by
Tamigi Joseph and Tamigi Rosa
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
Huang Shanshan $795,000 --
Bx1123 Llc -- --
Tamigi Joseph -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huang Shanshan $539,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2019 12/06/19 Sold $795,000 -3.6% $241 / Sq Ft
09/14/2019 09/14/19 Pending -- -- --
08/15/2019 08/15/19 For Sale $825,000 -- $250 / 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 $8,432 $42,301 $6,548 $35,753
2024 $8,432 $41,981 $6,622 $35,359
2023 $8,043 $39,605 $5,552 $34,053
2022 $7,459 $56,340 $9,000 $47,340
2021 $7,419 $47,520 $9,000 $38,520
2020 $7,462 $46,260 $9,000 $37,260
2019 $7,318 $37,260 $9,000 $28,260
2018 $6,728 $33,004 $7,972 $25,032
2017 $6,347 $31,137 $7,903 $23,234
2016 $5,563 $29,376 $7,519 $21,857
2015 $3,323 $29,376 $8,547 $20,829
2014 $3,323 $29,154 $9,757 $19,397
Source: Public Records

Agents Affiliated with this Home

  • Cheng Lee

    Seller's Agent in 2019

    Cheng Lee

    RE/MAX Top

    (646) 279-9318

    8 in this area

    29 Total Sales

    Cheng Lee
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Map

Source: OneKey® MLS

MLS Number: KEY5023555

OneKey® MLS

APN: 04273-0038

New York Bronx County Bronx 10461 Morris Park

1123 Rhinelander Ave, Bronx, NY

Not Listed for Sale

MultiFamily

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Based on information submitted to the MLS GRID

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