NOT LISTED FOR SALE

1670 Nelson Ave Bronx, NY 10453

Morris Heights Neighborhood

Estimated Value: $1,045,903 - $1,240,000

9 Beds
3 Baths
3,168 Sq Ft
$359/Sq Ft Est. Value

Last Sold June 04, 2024

Last sale price $999,500 $315 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $6,254/month

15 Days on Market

Highlights

  • Above Ground Pool
  • Cathedral Ceiling
  • Eat-In Kitchen
  • Property is near public transit
  • 3 Car Detached Garage
  • 2-minute walk to Half Nelson Playground

About This Home

As of June 2024

DETACHED LEGAL 3- FAMILY BRICK HOME LOCATED IN MORRIS HEIGHTS SECTION OF The Bronx. PRIME INVESTMENT PROPERTY GREAT & STABLE POTENTIAL RENTAL INCOME ( ESTIMATED $10,300 A MONTH BASED ON NEW 2024 RENTAL RATES CITY PROGRAMS ) THIS HOME FEATURES A 4-BEDROOM / 1 BATH ON TOP FLOOR 2ND FLOOR - 3 BEDROOM / 1 BATH 1ST FLOOR 2 BEDROOM /1 BATH WITH WASHER N DRYER HOOK UP AND WALKOUT ENTRANCE ACCESS TO BACK YARD FULLY FINISHED WALKOUT BASEMENT. OTHER FEATURES INCLUDE ABOVE GROUND POOL. DETACHED 3-CAR GARAGE THIS HOME SITS ON A 25 X 131 LOT WITH OVER 3900 SQFT INCLUDING OVER 3000 SQFT LIVING SPACE. BUILDING POTENTIAL DUE TO R7 ZONING 10,299 RESIDENTAL SQFT MAX BUILDABLE CLOSE TO #4 TRAIN, OTHER TRANSPORTATION , SHOPS, SCHOOL, SHORT DRIVE TO MANHATTAN AND GWB. THIS PROPERTY IS FULLY VACANT

Last Agent to Sell the Property

Dale Dudley

eXp Realty Brokerage Phone: (917) 577-8161 License #10401276588 Listed on: 01/02/2024

eXp Realty

Last Buyer's Agent

Dale Dudley

eXp Realty Brokerage Phone: (917) 577-8161 License #10401276588 Listed on: 01/02/2024

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,249

Year Built

  • Built in 1901

Lot Details

  • 3,276 Sq Ft Lot
  • No Common Walls

Parking

  • 3 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 3,168 Sq Ft Home
  • Cathedral Ceiling
  • Finished Basement
  • Walk-Out Basement
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Utilities

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

Additional Features

  • Above Ground Pool
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 02876-0159

Community Details

Overview

  • 3 Units

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,249

Year Built

Built in 1901

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Townhouse
  • Property SubType: Multi Family
  • Year Built: 1901
  • Attribution Contact: (917) 577-8161
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cathedral Ceiling(s), Eat-in Kitchen
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Finished, Walk-Out Access
  • Total Bedrooms: 9
  • Living Area: 3168
  • SquareFootage: 3168.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Pool Features: Above Ground
  • Pool Private: Yes

Garage/Parking

  • Total Parking Spaces: 3
  • Attached Garage: No
  • Garage Spaces: 3
  • Garage: Yes
  • Parking Description: Detached, 3 Car Detached

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.08
  • Lot Size Sq Ft: 3276
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 02876-0159
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 4
  • Separate Gas Meters: 3
  • NumberOf1Bedrooms: 0
  • NumberOf2Bedrooms: 1
  • NumberOf3Bedrooms: 1
  • NumberOf4Bedrooms: 1

Tax Info

  • Tax Annual Amount: 4249
  • Tax Map Number: 02876-0159
  • 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
Jan 2, 2024
Closed on
Jun 4, 2024
Sold by
Universal Dreams Llc
Bought by
Nelson Condos Llc
Seller's Agent
Dale Dudley
eXp Realty
Buyer's Agent
Dale Dudley
eXp Realty
List Price
$999,000
Sold Price
$999,500
Premium/Discount to List
$500
0.05%
Views
262
Current Estimated Value
$1,138,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,976
Avg. Annual Appreciation
8.53%
Original Mortgage
$875,000
Outstanding Balance
$862,630
Interest Rate
7.17%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$275,846

Purchase Details

Closed on
Mar 26, 2021
Sold by
Ortiz Mercedes and Ortiz Mercedes A
Bought by
Universal Dreams Llc

Purchase Details

Closed on
Sep 17, 2008
Sold by
Ortiz Mercedes A and Ortiz Rosaura E
Bought by
Ortiz Mercedes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2004
Sold by
1670 Nelson Avenue Llc
Bought by
Ortiz Mercedes A and Ortiz Rosaura E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,600
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 28, 2003
Sold by
Langlois Carmen
Bought by
1670 Nelson Avenue Llc

Purchase Details

Closed on
Mar 24, 1998
Sold by
Garcia Ruben D and Garcia Ruben Dario
Bought by
Langlois Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.09%
Source: Public Records
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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
Nelson Condos Llc $999,500 --
Universal Dreams Llc -- --
Universal Dreams Llc -- --
Ortiz Mercedes -- --
Ortiz Mercedes -- --
Ortiz Mercedes A $400,670 --
Ortiz Mercedes A $400,670 --
1670 Nelson Avenue Llc $160,000 --
1670 Nelson Avenue Llc $160,000 --
Langlois Carmen $200,000 The Judicial Title Ins Agenc
Langlois Carmen $200,000 The Judicial Title Ins Agenc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Condos Llc $875,000
Previous Owner Ortiz Mercedes $435,000
Previous Owner Ortiz Mercedes A $380,600
Previous Owner Langlois Carmen $180,000
Closed 1670 Nelson Avenue Llc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2024 06/04/24 Sold $999,500 +0.1% $315 / Sq Ft
01/18/2024 01/18/24 Pending -- -- --
01/02/2024 01/02/24 For Sale $999,000 -- $315 / 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 $4,318 $22,356 $5,396 $16,960
2024 $4,318 $21,497 $5,126 $16,371
2023 $4,249 $20,921 $4,291 $16,630
2022 $3,941 $53,340 $13,020 $40,320
2021 $3,921 $46,380 $13,020 $33,360
2020 $3,943 $45,240 $13,020 $32,220
2019 $3,747 $38,580 $13,020 $25,560
2018 $3,554 $17,434 $5,732 $11,702
2017 $3,353 $16,449 $6,760 $9,689
2016 $3,104 $15,525 $8,616 $6,909
2015 $1,872 $15,525 $6,217 $9,308
2014 $1,872 $14,929 $5,319 $9,610
Source: Public Records

Agents Affiliated with this Home

  • Dale Dudley

    Seller's Agent in 2024

    Dale Dudley

    eXp Realty

    (917) 577-8161

    1 in this area

    6 Total Sales

    Dale Dudley
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Map

Source: OneKey® MLS

MLS Number: KEY6282496

OneKey® MLS

APN: 02876-0159

New York Bronx County Bronx 10452 Morris Heights

1670 Nelson Ave, Bronx, NY

Not Listed for Sale

MultiFamily

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