NOT LISTED FOR SALE

1125 Forest Ave Bronx, NY 10456

Morrisania Neighborhood

Estimated Value: $928,000 - $1,078,000

9 Beds
3 Baths
3,055 Sq Ft
$330/Sq Ft Est. Value

Last Sold October 13, 2021

Last sale price $900,000 $295 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,631/month

50 Days on Market

Highlights

  • Senior Community
  • Porch
  • Park
  • Property is near public transit
  • Window Unit Cooling System
  • 4-minute walk to Basil Behagen Playground

About This Home

As of October 2021

Investor's Delight! Welcome to Morrisania Historical District. One of the very few landmark Three Family Brownstones-located in the growing and exclusive area of the South Bronx. This townhouse has high ceilings, tall windows, retains all the charm and elegance these wonderful homes were built with, making this a true gem. First floor serve as the owner's 3 bedroom, kitchen, full bath, livingroom, complete with a private unfinished basement and access to the garden patio out back; it also benefits from both the ground floor walk-in entrance as well as the main staircase front. Second floor has a three bedroom, kitchen, full bath, a dining room and spacious living room. Third floor has three bedroom, kitchen, a dining room, living room, full bath and extra room that could be used as an office or playroom. Conveniently near major highways, shopping, schools, parks, public transportation, and just minutes away from Manhattan. The property will be delivered fully vacant.

Last Agent to Sell the Property

Aileen Padilla

RE/MAX Boutique Realty License #10491208021 Listed on: 05/05/2021

Last Buyer's Agent

Kenneth Fuentes

Keller Williams Realty NYC Grp License #10401214433

Keller Williams Realty NYC Grp

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,840

Year Built

  • Built in 1920

Lot Details

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

Parking

  • On-Street Parking

Home Design

  • 3,055 Sq Ft Home
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Utilities

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

Additional Features

  • Porch
  • Property is near public transit
  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 02651-0037

Community Details

Overview

  • Senior Community
  • 3 Units

Recreation

  • Park

Building Details

  • 4 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,840

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Townhouse
  • Property SubType: Multi Family
  • Year Built: 1920
  • Attribution Contact: 917-680-1428
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Unfinished
  • Total Bedrooms: 9
  • Living Area: 3055.00
  • Square Footage: 3055.00

Exterior Features

  • Construction Materials: Brick
  • Patio and Porch Features: Porch

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None, On Street

Utilities

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

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: Yes

Schools

  • Elementary School: Call Listing Agent
  • Middle School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.0400
  • Lot Size Area: 0.0400
  • Lot Size Sq Ft: 1747.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 02651-0037
  • Property Attached: Yes

Tax Info

  • Close Date: 2021-10-13
  • Tax Annual Amount: 2840.00
  • Tax Map Number: 02651-0037

Multi Family

  • Units Total: 3
  • Three Bedrooms: 3
  • Separate Electric Meters: 4
  • 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
May 5, 2021
Closed on
Oct 13, 2021
Sold by
Onorato Giuseppina and Vella Joseph
Bought by
1125 Forest Ave Llc
Seller's Agent
Aileen Padilla
RE/MAX Boutique Realty
Buyer's Agent
Kenneth Fuentes
Keller Williams Realty NYC Grp
List Price
$950,000
Sold Price
$900,000
Premium/Discount to List
-$50,000
-5.26%
Current Estimated Value
$1,008,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,358
Avg. Annual Appreciation
2.86%
Original Mortgage
$675,000
Outstanding Balance
$618,887
Interest Rate
2.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$386,752

Purchase Details

Closed on
Mar 24, 2011
Sold by
Onorato Gluseppina and Vella Joseph
Bought by
Onorato Giuseppina and Vella Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$449,450
Interest Rate
4.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 2006
Sold by
Saunders Gale and Saunders-Jenifer Gale
Bought by
Onorato Gluseppina and Vella Jospeh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
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
1125 Forest Ave Llc $900,000 --
Onorato Giuseppina -- --
Onorato Gluseppina $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1125 Forest Ave Llc $675,000
Previous Owner Onorato Giuseppina $449,450
Previous Owner Onorato Gluseppina $450,000
Previous Owner Saunders Gale $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2021 10/13/21 Sold $900,000 -5.3% $295 / Sq Ft
06/24/2021 06/24/21 Pending -- -- --
05/05/2021 05/05/21 For Sale $950,000 -- $311 / 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 $3,110 $16,102 $1,952 $14,150
2024 $3,110 $15,484 $1,787 $13,697
2023 $3,145 $15,484 $2,067 $13,417
2022 $3,009 $54,600 $6,960 $47,640
2021 $2,993 $44,820 $6,960 $37,860
2020 $2,840 $41,820 $6,960 $34,860
2019 $2,699 $33,720 $6,960 $26,760
2018 $2,630 $12,903 $3,319 $9,584
2017 $2,561 $12,561 $3,074 $9,487
2016 $2,369 $11,852 $3,096 $8,756
2015 $1,429 $11,182 $3,558 $7,624
2014 $1,429 $10,753 $3,632 $7,121
Source: Public Records

Agents Affiliated with this Home

  • Aileen Padilla

    Seller's Agent in 2021

    Aileen Padilla

    RE/MAX

    (917) 680-1428

    2 in this area

    48 Total Sales

    Aileen Padilla
    Section Image
  • Kenneth Fuentes

    Buyer's Agent in 2021

    Kenneth Fuentes

    Keller Williams Realty NYC Grp

    (917) 335-6920

    2 in this area

    77 Total Sales

    Kenneth Fuentes
    Section Image

  • T

    Buyer's Agent in 2021

    Tripti Ghosh

    LAFFEY REAL ESTATE

    1 in this area

    53 Total Sales

    Tripti Ghosh
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY6113504

OneKey® MLS

APN: 02651-0037

New York Bronx County Bronx 10456 Morrisania

1125 Forest Ave, Bronx, NY

This home is located at 1125 Forest Ave, Bronx, NY 10456 since 05 May 2021 and is currently estimated at $1,008,358, approximately $330 per square foot. This property was built in 1920. 1125 Forest Ave is a home located in Bronx County with nearby schools including P.S. 063 - Author's Academy, I.S. 219 New Venture School @ Charles Drew Educational Campus, and Dr Richard Izquierdo Health and Science Charter School.

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