NOT LISTED FOR SALE

1608 Paulding Ave Bronx, NY 10462

Morris Park Neighborhood

Estimated Value: $629,242 - $785,000

Studio
-- Bath
1,254 Sq Ft
$556/Sq Ft Est. Value

Last Sold January 06, 2016

Last sale price $205,000 $163 Per Sq Ft

Est. 240% increase in value since last sale

Current estimated payment $4,093/month

227 Days on Market

About This Home

As of January 2016

Subject to Bank Approval-Property can only be viewed from outside, this is a SHORT SALE. Please submit all offers to our Office. Cash Offers!! Must sell fast!!!

Last Agent to Sell the Property

Mostafisur Rahman

Progress Realty Inc. Brokerage Phone: 718-239-4400 License #31RA0916989 Listed on: 03/26/2015

Last Buyer's Agent

Non Non Member-MLS

Non-Member MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,352

Year Built

  • Built in 1915

Lot Details

  • 2,505 Sq Ft Lot
  • No Common Walls

Parking

  • Driveway

Home Design

  • 1,254 Sq Ft Home

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 04099-0039

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,352

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1915
  • Attribution Contact: 718-239-4400
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Basement: Finished
  • Living Area: 1254
  • SquareFootage: 1254.00
  • SquareFootageSource: Municipality

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Fuel Oil Stand Alone

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 0.0575
  • Lot Size Sq Ft: 2505
  • Lot Size Units: Acres
  • Parcel Number: 04099-0039
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Multi Family

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

Tax Info

  • Tax Annual Amount: 3352
  • Tax Map Number: 04099-0039

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

Closed on
Jan 27, 2017
Sold by
Ali Begum S
Bought by
Rahman Mohammed A
Current Estimated Value
$697,061

Purchase Details

Listed on
Mar 26, 2015
Closed on
Jan 6, 2016
Sold by
Uddin Jahanara
Bought by
Ali Begum S
Seller's Agent
Mostafisur Rahman
Progress Realty Inc.
Buyer's Agent
Non Non Member-MLS
Non-Member MLS
List Price
$259,000
Sold Price
$205,000
Premium/Discount to List
-$54,000
-20.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.94%
Original Mortgage
$197,395
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 9, 2007
Sold by
Wakefield Real Estate Holdings Llc
Bought by
Uddin Jahanara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,750
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 28, 2006
Sold by
Devine Marie
Bought by
Wakefield Real Estate Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Rahman Mohammed A -- --
Ali Begum S $205,000 --
Uddin Jahanara $469,000 --
Wakefield Real Estate Holdings Llc $372,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ali Begum S $197,395
Previous Owner Uddin Jahanara $351,750
Previous Owner Wakefield Real Estate Holdings Llc $372,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2016 01/06/16 Sold $205,000 -20.8% $163 / Sq Ft
11/09/2015 11/09/15 Pending -- -- --
03/26/2015 03/26/15 For Sale $259,000 -- $207 / 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 $5,674 $29,942 $6,829 $23,113
2024 $5,674 $28,248 $7,260 $20,988
2023 $5,412 $26,650 $6,620 $20,030
2022 $5,019 $35,220 $9,360 $25,860
2021 $5,291 $33,540 $9,360 $24,180
2020 $5,282 $34,260 $9,360 $24,900
2019 $4,924 $31,440 $9,360 $22,080
2018 $4,527 $22,208 $7,403 $14,805
2017 $4,271 $20,952 $6,838 $14,114
2016 $4,188 $20,952 $7,838 $13,114
2015 $2,384 $20,794 $9,723 $11,071
2014 $2,384 $19,617 $9,349 $10,268
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Mostafisur Rahman

    Progress Realty Inc.

    12 Total Sales

    Mostafisur Rahman
    Section Image

  • N

    Buyer's Agent in 2016

    Non Non Member-MLS

    Non-Member MLS

See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY4511843

OneKey® MLS

APN: 04099-0039

New York Bronx County Bronx 10461 Morris Park

1608 Paulding Ave, Bronx, NY

Not Listed for Sale

MultiFamily

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