NOT LISTED FOR SALE

1329 Morrison Ave Bronx, NY 10472

Parkchester Neighborhood

Estimated Value: $931,000 - $1,163,000

7 Beds
4 Baths
4,000 Sq Ft
$253/Sq Ft Est. Value

Last Sold April 13, 2021

Last sale price $835,000 $209 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $7,078/month

33 Days on Market

Highlights

  • Property is near public transit
  • Window Unit Cooling System
  • Entrance Foyer
  • Main Floor Bedroom
  • Park
  • Heating System Uses Steam

About This Home

As of April 2021

Classic brick 4 family building in the Soundview section of The Bronx. The property consist of (3) 2 bedroom apartments and a 1 bedroom apartment. The building is detached and also features a full basement with separate entrance. The property is conveniently located within a short walk to the train station on Westchester Ave, also close to shopping, buses, parks and major highways. Income producing property with tremendous upside for new buyer.

Last Agent to Sell the Property

Michael Brown

Keller Williams Realty Group License #30BR0963422 Listed on: 09/13/2020

Keller Williams Realty Group

Last Buyer's Agent

Michael Brown

Keller Williams Realty Group License #30BR0963422 Listed on: 09/13/2020

Keller Williams Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,485

Year Built

  • Built in 1929

Lot Details

  • 2,875 Sq Ft Lot
  • No Common Walls
  • Fenced

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4,000 Sq Ft Home
  • Entrance Foyer

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • 4 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Location

  • Property is near public transit

Utilities

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

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Assessor Parcel Number 03867-0059

Community Details

Overview

  • 4 Units

Recreation

  • Park

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,485

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1929
  • Attribution Contact: 914-437-6100
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: 1st Floor Bedrm, Entrance Foyer
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 7
  • Living Area: 4000.00
  • Square Footage: 4000.00

Exterior Features

  • Construction Materials: Brick
  • Fencing: Fenced

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: On Street

Utilities

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

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

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: 0.0700
  • Lot Size Area: 0.0700
  • Lot Size Sq Ft: 2875.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 03867-0059
  • Property Attached: No

Rental Info

  • Tenant Pays: Cooking Gas, Electricity

Tax Info

  • Close Date: 2021-04-13
  • Included in Taxes: Sewer, Trash, Water
  • Tax Annual Amount: 14485.00
  • Tax Map Number: 03867-0059

Multi Family

  • Units Total: 4
  • 1 Bedrooms: 1
  • Two Bedrooms: 3
  • Separate Electric Meters: 5
  • Separate Gas Meters: 5

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
Sep 13, 2020
Closed on
Apr 13, 2021
Sold by
Estate Of Brijmohan Bhoag
Bought by
Iqbal Mudassar and Vaid-Iqbal Taskeen
Seller's Agent
Michael Brown
Keller Williams Realty Group
Buyer's Agent
Michael Brown
Keller Williams Realty Group
List Price
$900,000
Sold Price
$835,000
Premium/Discount to List
-$65,000
-7.22%
Current Estimated Value
$1,013,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,374
Avg. Annual Appreciation
5.96%
Original Mortgage
$626,250
Outstanding Balance
$571,144
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$503,133

Purchase Details

Closed on
Oct 30, 2002
Sold by
Bhoag Brijmohan and Gopie Annoo Radha
Bought by
Bhoag Brijmohan
Source: Public Records

Range of Values:

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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
Iqbal Mudassar $835,000 --
Bhoag Brijmohan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iqbal Mudassar $626,250
Previous Owner Bhoag Brijmohan $5,825
Previous Owner Bhoag Brijmohan $465,500
Previous Owner Bhoag Brijmohan $422,000
Previous Owner Bhoag Brijmohan $50,000
Previous Owner Gopie Totaram $194,464
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2021 04/13/21 Sold $835,000 -7.2% $209 / Sq Ft
10/16/2020 10/16/20 Pending -- -- --
09/13/2020 09/13/20 For Sale $900,000 -- $225 / 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 $18,667 $154,077 $90,634 $63,443
2024 $18,667 $149,309 $73,616 $75,693
2023 $16,961 $138,262 $78,262 $60,000
2022 $15,665 $258,300 $175,500 $82,800
2021 $0 $206,550 $175,500 $31,050
2020 $14,783 $225,450 $175,500 $49,950
2019 $14,485 $225,450 $175,500 $49,950
2018 $13,527 $106,355 $67,335 $39,020
2017 $12,527 $98,490 $65,998 $32,492
2016 $11,757 $91,196 $67,361 $23,835
2015 $7,633 $91,170 $76,795 $14,375
2014 $7,633 $88,349 $70,897 $17,452
Source: Public Records

Agents Affiliated with this Home

  • Michael Brown

    Seller's Agent in 2021

    Michael Brown

    Keller Williams Realty Group

    (718) 541-6149

    3 in this area

    69 Total Sales

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Map

Source: OneKey® MLS

MLS Number: KEY6069835

OneKey® MLS

APN: 03867-0059

New York Bronx County Bronx 10472 Parkchester

1329 Morrison Ave, Bronx, NY

This home is located at 1329 Morrison Ave, Bronx, NY 10472 since 13 September 2020 and is currently estimated at $1,013,374, approximately $253 per square foot. This property was built in 1929. 1329 Morrison Ave is a home located in Bronx County with nearby schools including P.S. 196, P.S. 195, and P.S. 214.

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