NOT LISTED FOR SALE

1147 Pierce Ave Bronx, NY 10461

Morris Park Neighborhood

Estimated Value: $1,006,000 - $1,187,494

6 Beds
4.5 Baths
2,502 Sq Ft
$448/Sq Ft Est. Value

Last Sold June 29, 2021

Last sale price $900,000 $360 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $6,783/month

88 Days on Market

About This Home

As of June 2021

Beautiful 2 family home custom built in 2014 , this property offers two spacious units of 3 bedroom 2 bathroom apartments over high ceiling basement on a C2-2 commercial overlay lot, each unit is over 1250 Sq ft, the property size does not include the unfinished basement. Each apartment has its own boiler and hot water heater, the unfinished basement come with half bathroom, extra hot water heater and laundry hookup. All hardwood floors throughout, granite counter-top, stainless steel appliances, central AC, sprinkler system, private driveway , excellent tenant. Located in the desirable Morris Park and medical center area. Walk to 5 and 6 train stations. Close to schools, stores, restaurants, and major highways easy commute to Manhattan, queens , Brooklyn , Westchester county. Call today for your private showing.

Last Agent to Sell the Property

Alex Huang

Han Tang Realty Inc. Brokerage Phone: 718-513-1111 License #10311206937 Listed on: 02/04/2021

Last Buyer's Agent

Ying Dong

Han Tang Realty Inc. License #10401306137

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,058

Year Built

  • Built in 2013

Lot Details

  • 2,858 Sq Ft Lot
  • No Common Walls

Parking

  • Driveway

Home Design

  • 2,502 Sq Ft Home
  • Colonial Architecture
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cooking gas, electricity, heat
  • Assessor Parcel Number 04111-0042

Community Details

Overview

  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,058

Year Built

Built in 2013

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Townhouse, Colonial
  • Property SubType: Multi Family
  • Year Built: 2013
  • Attribution Contact: 718-513-1111
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Living Area: 2502
  • SquareFootage: 2502.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Brick

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Other
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 2

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 2858
  • Lot Size Units: Acres
  • Parcel Number: 04111-0042
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cooking Gas, Electricity, Heat

Multi Family

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

Tax Info

  • Tax Annual Amount: 8058
  • Tax Map Number: 04111-0042

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
Feb 4, 2021
Closed on
Jun 29, 2021
Sold by
1147 Pierce Ave Llc
Bought by
Pan Yan Chai and Tang Ruojun
Seller's Agent
Alex Huang
Han Tang Realty Inc.
Buyer's Agent
Ying Dong
Han Tang Realty Inc.
List Price
$1,150,000
Sold Price
$900,000
Premium/Discount to List
-$250,000
-21.74%
Current Estimated Value
$1,120,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,374
Avg. Annual Appreciation
4.89%
Original Mortgage
$300,000
Outstanding Balance
$273,968
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$825,899

Purchase Details

Closed on
Dec 17, 2019
Sold by
1147 Pierce Inc
Bought by
1147 Pierce Ave Llc

Purchase Details

Closed on
Feb 6, 2018
Sold by
Locurto Robert Anthony
Bought by
1147 Pierce Inc

Purchase Details

Closed on
Feb 27, 2014
Sold by
1604 Realty Corp and % Jocarl Management
Bought by
1604 Babe Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.32%
Mortgage Type
New Conventional
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
Pan Yan Chai $900,000 --
1147 Pierce Ave Llc -- --
1147 Pierce Inc -- --
1604 Babe Llc $419,050 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pan Yan Chai $300,000
Previous Owner 1604 Babe Llc $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2023 11/10/23 Off Market $900,000 -- --
06/29/2021 06/29/21 Sold $900,000 0.0% $360 / Sq Ft
05/05/2021 05/05/21 Pending -- -- --
04/26/2021 04/26/21 Off Market $900,000 -- --
03/31/2021 03/31/21 For Sale $1,150,000 +27.8% $460 / Sq Ft
03/30/2021 03/30/21 Off Market $900,000 -- --
02/05/2021 02/05/21 For Sale $1,150,000 -- $460 / 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 $8,707 $45,949 $10,611 $35,338
2024 $8,707 $43,349 $10,441 $32,908
2023 $8,306 $40,896 $10,867 $30,029
2022 $8,164 $46,980 $13,440 $33,540
2021 $8,542 $41,340 $13,440 $27,900
2020 $8,105 $45,960 $13,440 $32,520
2019 $7,557 $45,960 $13,440 $32,520
2018 $6,947 $34,080 $13,440 $20,640
2017 $8,121 $39,840 $13,440 $26,400
2016 $7,497 $37,500 $13,440 $24,060
2015 $1,499 $21,529 $13,069 $8,460
2014 $1,499 $12,330 $12,330 $0
Source: Public Records

Agents Affiliated with this Home

  • Alex Huang

    Seller's Agent in 2021

    Alex Huang

    Han Tang Realty Inc.

    (347) 989-5882

    19 in this area

    233 Total Sales

    Alex Huang
    Section Image

  • Y

    Buyer's Agent in 2021

    Ying Dong

    Han Tang Realty Inc.

    9 in this area

    45 Total Sales

    Ying Dong
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY6094879

OneKey® MLS

APN: 04111-0042

New York Bronx County Bronx 10461 Morris Park

1147 Pierce Ave, Bronx, NY

This home is located at 1147 Pierce Ave, Bronx, NY 10461 since 04 February 2021 and is currently estimated at $1,120,374, approximately $447 per square foot. This property was built in 2013. 1147 Pierce Ave is a home located in Bronx County with nearby schools including P.S. 108 Philip J Abinanti, J.H.S. 144 Michelangelo, and Emblaze Academy Charter School.

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