NOT LISTED FOR SALE

1623 Yates Ave Bronx, NY 10461

Morris Park Neighborhood

Estimated Value: $713,005 - $978,000

-- Bed
-- Bath
1,700 Sq Ft
$513/Sq Ft Est. Value

Last Sold July 20, 2012

Last sale price $482,500 $284 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $5,224/month

90 Days on Market

Highlights

  • Chalet
  • 1 Car Detached Garage
  • Window Unit Cooling System
  • Property is near public transit
  • Eat-In Kitchen
  • 5-minute walk to Loreto Playground

About This Home

As of July 2012

Nicely updated Morris Park multi family. Three bedrooms over three bedrooms. Hardwood floors throughout. First floor unit has been renovated with new kitchen, bath and refinished floors. Rear parking with detached garage. Finished basement with separate entrance. Great investment opportunity!

Last Agent to Sell the Property

Clarissa Rosado

William Raveis Real Estate Brokerage Phone: 914-723-1212 License #40RO1047398 Listed on: 04/02/2012

William Raveis Real Estate

Last Buyer's Agent

Pamela Drummond

Keller Williams Realty Group License #40DR1015066

Keller Williams Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,700

Year Built

  • Built in 1920

Lot Details

  • 2,744 Sq Ft Lot
  • No Common Walls

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • 1,700 Sq Ft Home
  • Chalet
  • Aluminum Siding

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Eat-In Kitchen
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 04111-0027

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,700

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Chalet
  • Property SubType: Multi Family
  • Year Built: 1920
  • Attribution Contact: 914-723-1212
  • Village: Bronx
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Living Area: 1700
  • SquareFootage: 1700.00

Exterior Features

  • Construction Materials: Aluminum Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Detached, 1 Car Detached, Driveway

Utilities

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

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdditionalFeesYN: 0

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Dimensions: 0.0630
  • Lot Size Sq Ft: 2744
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04111-0027
  • Zoning Description: B3
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf1Bedrooms: 1
  • NumberOf3Bedrooms: 2

Tax Info

  • Tax Annual Amount: 3700
  • Tax Map Number: 04111-0027

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
Jul 12, 2013
Sold by
Giashuddin Mohammed
Bought by
Akhter Yasmeen and Giashuddin Mohammed
Current Estimated Value
$871,751

Purchase Details

Listed on
Apr 2, 2012
Closed on
Jul 17, 2012
Sold by
Delruss Llc
Bought by
Giashuddin Mohammed
Seller's Agent
Clarissa Rosado
William Raveis Real Estate
Buyer's Agent
Pamela Drummond
Keller Williams Realty Group
List Price
$499,000
Sold Price
$482,500
Premium/Discount to List
-$16,500
-3.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.18%
Original Mortgage
$386,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2004
Sold by
Delponte Frank and Russo Salvatore
Bought by
Delruss Llc and Russo Salvatore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,407
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 2001
Sold by
Delponte Frank and Russo Salvatore
Bought by
Delruss Llc

Purchase Details

Closed on
Jul 15, 1998
Sold by
Olear John S
Bought by
Delponte Frank and Russo Salvatore
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
Akhter Yasmeen -- --
Akhter Yasmeen -- --
Giashuddin Mohammed $482,500 --
Giashuddin Mohammed $482,500 --
Delruss Llc -- --
Delruss Llc -- --
Delponte Frank -- --
Delruss Llc -- --
Delruss Llc -- --
Delponte Frank $185,000 Commonwealth Land Title Ins
Delponte Frank $185,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Giashuddin Mohammed $386,000
Previous Owner Delponte Frank $88,407
Previous Owner Delponte Frank $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2012 07/20/12 Sold $482,500 -3.3% $284 / Sq Ft
07/02/2012 07/02/12 Pending -- -- --
04/02/2012 04/02/12 For Sale $499,000 -- $294 / 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 $5,794 $30,578 $6,369 $24,209
2024 $5,794 $28,848 $6,871 $21,977
2023 $5,527 $27,216 $6,246 $20,970
2022 $5,433 $38,820 $9,060 $29,760
2021 $5,684 $35,280 $9,060 $26,220
2020 $5,394 $33,180 $9,060 $24,120
2019 $5,029 $31,800 $9,060 $22,740
2018 $4,623 $22,680 $9,060 $13,620
2017 $4,976 $24,408 $8,338 $16,070
2016 $4,879 $24,408 $7,115 $17,293
2015 $2,777 $23,190 $8,677 $14,513
2014 $2,777 $21,878 $9,827 $12,051
Source: Public Records

Agents Affiliated with this Home

  • Clarissa Rosado

    Seller's Agent in 2012

    Clarissa Rosado

    William Raveis Real Estate

    (646) 548-4415

    75 Total Sales

    Clarissa Rosado
    Section Image
  • Pamela Drummond

    Buyer's Agent in 2012

    Pamela Drummond

    Keller Williams Realty Group

    (917) 519-9020

    1 in this area

    19 Total Sales

    Pamela Drummond
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEYH3210523

OneKey® MLS

APN: 04111-0027

New York Bronx County Bronx 10461 Morris Park

1623 Yates Ave, Bronx, NY

This home is located at 1623 Yates Ave, Bronx, NY 10461 since 02 April 2012 and is currently estimated at $871,751, approximately $512 per square foot. This property was built in 1920. 1623 Yates Ave is a home located in Bronx County with nearby schools including P.S. 108 Philip J Abinanti, J.H.S. 144 Michelangelo, and Emblaze Academy Charter School.

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