NOT LISTED FOR SALE

1622 Fowler Ave Bronx, NY 10462

Morris Park Neighborhood

Estimated Value: $978,000 - $1,167,000

6 Beds
3 Baths
2,640 Sq Ft
$411/Sq Ft Est. Value

Last Sold May 25, 2023

Last sale price $960,000 $364 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $6,444/month

72 Days on Market

Highlights

  • Property is near public transit
  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • 1 Car Attached Garage
  • Park
  • Level Lot

About This Home

As of May 2023

Exclusive Morris Park Large Brick Detached 2 Family Home with large Finished Basement. This Impressive Brick Home has a 3-bedroom apartment over a 3 Bedroom Apartment with a large Finished Basement and Extra Storage. In addition, there is a beautiful Backyard and 1 car garage. The perfect investment Property or a Great Opportunity for the 1st time home buyer! A Must See! Additional Information: ParkingFeatures:1 Car Attached, BuildingAreaSource: Public Records,

Last Agent to Sell the Property

Vince Buccieri

Today Realty Corp. Brokerage Phone: (718) 597-1777 License #10301203112 Listed on: 11/16/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,807

Year Built

  • Built in 1935

Lot Details

  • 2,614 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Duplex
  • Bi-Level Home
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near public transit

Utilities

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

Additional Features

  • Finished Basement

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 04092-0046

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,807

Year Built

Built in 1935

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Duplex, Bi-Level
  • Property SubType: Multi Family
  • Year Built: 1935
  • Attribution Contact: (718) 597-1777
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Full Bathrooms: 3
  • Basement: Finished
  • Total Bedrooms: 6
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Total Parking Spaces: 2
  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Attached

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 2

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Features: Level
  • Parcel Number: 04092-0046

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 4
  • Separate Gas Meters: 3
  • NumberOf1Bedrooms: 0
  • NumberOf2Bedrooms: 0
  • NumberOf3Bedrooms: 2

Tax Info

  • Tax Annual Amount: 5807
  • Tax Map Number: 04092-0046
  • IncludedInTaxes: Trash

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
Nov 16, 2022
Closed on
May 25, 2023
Sold by
Giovanni Zappone Deceased and Giovanni Zappone Zappone
Bought by
Alam Asm Iftekhar and Bari Tasnuba
Seller's Agent
Vince Buccieri
Today Realty Corp.
List Price
$995,000
Sold Price
$960,000
Premium/Discount to List
-$35,000
-3.52%
Views
107
Current Estimated Value
$1,085,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,075
Avg. Annual Appreciation
3.57%
Original Mortgage
$672,000
Outstanding Balance
$656,273
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$384,449
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
Alam Asm Iftekhar $960,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alam Asm Iftekhar $672,000
Previous Owner Zappone Giovanni $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2023 05/25/23 Sold $960,000 -3.5% $364 / Sq Ft
01/27/2023 01/27/23 Pending -- -- --
11/16/2022 11/16/22 For Sale $995,000 -- $377 / 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 $6,924 $34,906 $5,133 $29,773
2024 $6,924 $34,474 $5,075 $29,399
2023 $7,001 $34,474 $5,900 $28,574
2022 $6,524 $53,580 $8,400 $45,180
2021 $6,489 $45,480 $8,400 $37,080
2020 $6,157 $44,100 $8,400 $35,700
2019 $6,010 $43,080 $8,400 $34,680
2018 $5,856 $28,728 $6,235 $22,493
2017 $5,552 $27,235 $7,476 $19,759
2016 $5,136 $25,694 $6,661 $19,033
2015 $3,178 $24,240 $9,360 $14,880
2014 $3,178 $23,940 $9,360 $14,580
Source: Public Records

Agents Affiliated with this Home

  • Vince Buccieri

    Seller's Agent in 2023

    Vince Buccieri

    Today Realty Corp.

    (718) 597-1777

    62 in this area

    135 Total Sales

    Vince Buccieri
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Map

Source: OneKey® MLS

MLS Number: KEY6221112

OneKey® MLS

APN: 04092-0046

New York Bronx County Bronx 10462 Morris Park

1622 Fowler Ave, Bronx, NY

This home is located at 1622 Fowler Ave, Bronx, NY 10462 since 16 November 2022 and is currently estimated at $1,085,075, approximately $411 per square foot. This property was built in 1935. 1622 Fowler Ave is a home located in Bronx County with nearby schools including P.S. 083 The Donald Hertz School, Icahn Charter School 2, and Bronx Excellence 2.

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