NOT LISTED FOR SALE

1511 Silver St Bronx, NY 10461

Morris Park Neighborhood

Estimated Value: $978,324 - $1,049,000

-- Bed
-- Bath
3,988 Sq Ft
$252/Sq Ft Est. Value

Last Sold October 05, 2021

Last sale price $895,000 $224 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $6,068/month

28 Days on Market

About This Home

As of October 2021

This home is located at 1511 Silver St, Bronx, NY 10461 since 17 May 2021 and is currently estimated at $1,005,831, approximately $252 per square foot. This property was built in 1925. 1511 Silver St is a home located in Bronx County with nearby schools including P.S. 108 Philip J Abinanti, J.H.S. 144 Michelangelo, and Herbert H Lehman High School.

Last Agent to Sell the Property

Jose Soto

Essential Realty Group LLC License #10491204884 Listed on: 05/17/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,900

Year Built

  • Built in 1925

Lot Details

  • 4,500 Sq Ft Lot
  • No Common Walls

Parking

  • Driveway

Home Design

  • 3,988 Sq Ft Home
  • Stucco

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Tenant pays for cooking gas
  • Assessor Parcel Number 2-04078-0004

Community Details

Overview

  • Senior Community
  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,900

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1925
  • Attribution Contact: 347-682-0235
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Basement: Unfinished
  • Living Area: 3988.00
  • Square Footage: 3988.00

Exterior Features

  • Construction Materials: Stucco

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Baseboard
  • Hot Water: Gas Stand Alone
  • Sewer: Sewer
  • Water Source: See Remarks

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: 0.1000
  • Lot Size Area: 0.1000
  • Lot Size Sq Ft: 4500.00
  • Lot Size Units: Acres
  • Parcel Number: 2-04078-0004
  • Property Attached: No

Rental Info

  • Tenant Pays: Cooking Gas

Tax Info

  • Close Date: 2021-10-05
  • Tax Annual Amount: 6900.00
  • Tax Map Number: 2-04078-0004

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 3
  • 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 17, 2021
Closed on
Oct 5, 2021
Sold by
Cruz Crystal
Bought by
Chen Rui Ying and Li Zhen Hui
Seller's Agent
Jose Soto
Essential Realty Group LLC
List Price
$949,000
Sold Price
$895,000
Premium/Discount to List
-$54,000
-5.69%
Current Estimated Value
$987,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,915
Avg. Annual Appreciation
2.89%
Original Mortgage
$626,500
Outstanding Balance
$575,638
Interest Rate
2.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$423,095

Purchase Details

Closed on
Oct 14, 2011
Sold by
Cruz Antonio and Cruz Ruben
Bought by
Cruz Crystal

Purchase Details

Closed on
Jun 15, 2000
Sold by
Weinbuch John V
Bought by
Cruz Antonio and Cruz Ruben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,000
Interest Rate
7.13%

Purchase Details

Closed on
Jun 16, 1999
Sold by
Weinbach John
Bought by
Weinbuch John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.81%
Source: Public Records

Range of Values:

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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
Chen Rui Ying $895,000 --
Chen Rui Ying $895,000 --
Cruz Crystal -- --
Cruz Crystal -- --
Cruz Antonio $298,000 --
Cruz Antonio $298,000 --
Weinbuch John -- Record & Return Title Agency
Weinbuch John -- Record & Return Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Rui Ying $626,500
Closed Chen Rui Ying $626,500
Previous Owner Cruz Antonio $218,000
Previous Owner Weinbuch John $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2021 10/05/21 Sold $895,000 -5.7% $224 / Sq Ft
06/14/2021 06/14/21 Pending -- -- --
05/17/2021 05/17/21 For Sale $949,000 -- $238 / 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 $7,913 $40,020 $5,881 $34,139
2024 $7,913 $39,398 $6,559 $32,839
2023 $7,610 $37,470 $5,652 $31,818
2022 $7,057 $54,900 $9,540 $45,360
2021 $6,715 $47,160 $9,540 $37,620
2020 $6,763 $44,520 $9,540 $34,980
2019 $6,575 $42,780 $9,540 $33,240
2018 $6,068 $31,225 $6,993 $24,232
2017 $5,705 $29,458 $7,939 $21,519
2016 $5,246 $27,792 $8,034 $19,758
2015 $3,132 $27,792 $9,490 $18,302
2014 $3,132 $27,360 $10,080 $17,280
Source: Public Records

Agents Affiliated with this Home

  • Jose Soto

    Seller's Agent in 2021

    Jose Soto

    Essential Realty Group LLC

    (347) 338-8177

    1 in this area

    21 Total Sales

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Map

Source: OneKey® MLS

MLS Number: KEY6116040

OneKey® MLS

APN: 04078-0004

New York Bronx County Bronx 10461 Morris Park

1511 Silver St, Bronx, NY

This home is located at 1511 Silver St, Bronx, NY 10461 since 17 May 2021 and is currently estimated at $1,005,831, approximately $252 per square foot. This property was built in 1925. 1511 Silver St is a home located in Bronx County with nearby schools including P.S. 108 Philip J Abinanti, J.H.S. 144 Michelangelo, and Herbert H Lehman High School.

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