NOT LISTED FOR SALE

1418 Franklin Ave Bronx, NY 10456

Morrisania Neighborhood

Estimated Value: $874,000 - $990,625

5 Beds
2.5 Baths
3,102 Sq Ft
$302/Sq Ft Est. Value

Last Sold January 30, 2019

Last sale price $606,500 $196 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $5,484/month

42 Days on Market

Highlights

  • Above Ground Pool
  • 2 Car Detached Garage
  • Park
  • Property is near public transit
  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

About This Home

As of January 2019

SUPERB BRICK MULTI-FAMILY SEMI DETACHED NEAR ICONIC CROTONA PARK. THIS HOME SHOWCASE A 3 BEDROOM DUPLEX WITH LARGE OPEN KITCHEN, LIVING ROOM, 1.5 BATHROOM, LAUNDRY ROOM. TOP FLOOR BOASTS A TWO BEDROOM, FULL BATHROOM, LIVING ROOM KITCHEN AND LOTS OF SPACE. FOR PARKING THIS HOME HAS A DRIVEWAY THAT CAN HOLD UP 4 CARS, LARGE BACKYARD AND IN ADDITION IT SITS IN CLOSE PROXIMITY TO TRANSPORTATION, SHOPPING AND EATERIES MAKING THIS HOME THE IDEAL HOME. MAKE IT YOURS TODAY!

Last Agent to Sell the Property

Omar Nunez

West Green + Assoc RE Brokers License #10401302167 Listed on: 10/17/2018

West Green + Assoc RE Brokers

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,822

Year Built

  • Built in 1997

Lot Details

  • 3,829 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • 3,102 Sq Ft Home
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Above Ground Pool
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Assessor Parcel Number 02936-0007

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

$4,822

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Townhouse
  • Property SubType: Multi Family
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: None
  • Total Bedrooms: 5
  • Living Area: 3102.00
  • Square Footage: 3102.00

Exterior Features

  • Construction Materials: Brick
  • Pool Features: Above Ground
  • Pool Private: Yes

Garage/Parking

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

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • 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: 0.0900
  • Lot Dimensions: 0.0879
  • Lot Size Sq Ft: 3829.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 02936-0007
  • Property Attached: Yes

Rental Info

  • Tenant Pays: Cooking Gas, Electricity

Tax Info

  • Close Date: 2019-01-30
  • Tax Annual Amount: 4822.00
  • Tax Map Number: 02936-0007

Multi Family

  • Units Total: 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
Oct 17, 2018
Closed on
Jan 30, 2019
Sold by
Sanchez Cosme
Bought by
Sillah Modou
Seller's Agent
Omar Nunez
West Green + Assoc RE Brokers
List Price
$589,000
Sold Price
$606,500
Premium/Discount to List
$17,500
2.97%
Current Estimated Value
$936,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$330,406
Avg. Annual Appreciation
6.63%
Original Mortgage
$545,850
Outstanding Balance
$477,964
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$458,942

Purchase Details

Closed on
Jul 21, 2011
Sold by
Martinez Alba C
Bought by
Sanchez Cosme

Purchase Details

Closed on
Jul 14, 2008
Sold by
Peralta Melvin E and Sanchez Cosme
Bought by
Martinez Alba C

Purchase Details

Closed on
Feb 25, 2008
Sold by
Nunez Juana
Bought by
Peralta Melvin E and Sanchez Cosme

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,049
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 26, 2005
Sold by
Nunez Ana Julia and Nunez Juana
Bought by
Nunez Juana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Sillah Modou $606,500 --
Sillah Modou $606,500 --
Sanchez Cosme -- --
Sanchez Cosme -- --
Martinez Alba C -- --
Martinez Alba C -- --
Peralta Melvin E $417,500 --
Peralta Melvin E $417,500 --
Nunez Juana -- --
Nunez Juana -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sillah Modou $545,850
Closed Sillah Modou $545,850
Previous Owner Peralta Melvin E $411,049
Previous Owner Nunez Juana $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2019 01/30/19 Sold $606,500 +3.0% $196 / Sq Ft
10/17/2018 10/17/18 Pending -- -- --
10/17/2018 10/17/18 For Sale $589,000 -- $190 / 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 $6,959 $36,727 $8,323 $28,404
2024 $6,959 $34,649 $8,946 $25,703
2023 $6,639 $32,688 $8,194 $24,494
2022 $6,526 $43,560 $11,340 $32,220
2021 $6,491 $38,760 $11,340 $27,420
2020 $6,478 $37,440 $11,340 $26,100
2019 $6,040 $35,580 $11,340 $24,240
2018 $5,187 $27,240 $9,296 $17,944
2017 $4,822 $27,246 $9,296 $17,950
2016 $4,062 $25,704 $7,754 $17,950
2015 $1,384 $25,704 $7,754 $17,950
2014 $1,384 $24,960 $7,010 $17,950
Source: Public Records

Agents Affiliated with this Home

  • O

    Seller's Agent in 2019

    Omar Nunez

    West Green + Assoc RE Brokers

    (347) 552-6085

    10 Total Sales

    Omar Nunez
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Map

Source: OneKey® MLS

MLS Number: KEY4848512

OneKey® MLS

APN: 02936-0007

New York Bronx County Bronx 10456 Morrisania

1418 Franklin Ave, Bronx, NY

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