NOT LISTED FOR SALE

Estimated Value: $788,572 - $916,000

6 Beds
2 Baths
2,640 Sq Ft
$323/Sq Ft Est. Value

Last Sold August 13, 2015

Last sale price $470,000 $178 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $5,167/month

273 Days on Market

Highlights

  • 0.05 Acre Lot
  • 3-minute walk to East 180 Street
  • Eat-In Kitchen
  • Chalet
  • Property is near public transit
  • Cooling System Mounted In Outer Wall Opening

About This Home

As of August 2015

Approved Short Sale! Two Family Frame detached house in Morris Park. All Units have been updated and basement and attic are fully finished! 1st and 2nd Floor has three bedrooms. The house has camera surveillance and a huge backyard that is great for barbecues & family gatherings. 2nd Floor has a back porch that has been re-done. Easy Commute from E. 180th St Station #5 Train and the Bx.12 Bus. Easy access to the Cross Bronx Expressway & Morris Park.** Great Income Property, Live Rent Free *

Last Agent to Sell the Property

Mildred Valentin

Howard Hanna Rand Realty Brokerage Phone: 347-202-4965 License #40VA1114859 Listed on: 05/07/2014

Howard Hanna Rand Realty

Last Buyer's Agent

Mildred Valentin

Howard Hanna Rand Realty Brokerage Phone: 347-202-4965 License #40VA1114859 Listed on: 05/07/2014

Howard Hanna Rand Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,981

Year Built

  • Built in 1920

Lot Details

  • 2,374 Sq Ft Lot
  • No Common Walls
  • Back Yard Fenced

Parking

  • On-Street Parking

Home Design

  • 2,640 Sq Ft Home
  • Chalet
  • Stone Siding
  • Stucco

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

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

Additional Features

  • Eat-In Kitchen
  • Patio
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 04016-0042

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,981

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Chalet
  • Property SubType: Multi Family
  • Year Built: 1920
  • Attribution Contact: 347-202-4965
  • Village: Bronx
  • Special Features: 4108
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 6
  • Living Area: 2640
  • SquareFootage: 2640.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Stone, Stucco
  • Fencing: Back Yard
  • Patio and Porch Features: Patio

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None, On Street

Utilities

  • Cooling: Wall Unit(s), Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Sewer: Sewer
  • Water Source: Public
  • Hot Water: None

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Other Expense: 1
  • AdditionalFeesYN: 0

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Dimensions: 0.0545
  • Lot Size Sq Ft: 2374
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04016-0042
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Fuel Expense: 1
  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf3Bedrooms: 2

Tax Info

  • Tax Annual Amount: 3981
  • Tax Map Number: 04016-0042

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 2, 2016
Sold by
Montanez Angel Daniel Miranda
Bought by
Burgos Irene M
Current Estimated Value
$853,893

Purchase Details

Listed on
May 7, 2014
Closed on
Aug 13, 2015
Sold by
Vargas Franklin and Vargas Marilyn
Bought by
Montanez Angel Daniel Miranda
Seller's Agent
Mildred Valentin
Howard Hanna Rand Realty
Buyer's Agent
Mildred Valentin
Howard Hanna Rand Realty
List Price
$494,000
Sold Price
$470,000
Premium/Discount to List
-$24,000
-4.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.39%
Original Mortgage
$461,487
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2007
Sold by
Dean Carmen and Germosen Minerva
Bought by
Vargas Marilyn and Vargas Franklin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 21, 2004
Sold by
Tineo Felix R
Bought by
Dean Carmen and Germosen Minerva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,500
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 6, 2002
Sold by
Gmp Homes Inc
Bought by
Tineo Felix R

Purchase Details

Closed on
Nov 1, 2002
Sold by
Carrion Gilberto and Goodman Aurora
Bought by
Gmp Homes Inc

Purchase Details

Closed on
Jul 20, 2000
Sold by
Cintron Nidia Natividad and Font Nidia Natividad
Bought by
Carrion Gilberto and Goodman Aurora
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
Burgos Irene M -- --
Burgos Irene M -- --
Montanez Angel Daniel Miranda $470,000 --
Montanez Angel Daniel Miranda $470,000 --
Vargas Marilyn $550,000 --
Vargas Marilyn $550,000 --
Dean Carmen $470,000 --
Dean Carmen $470,000 --
Tineo Felix R $330,000 --
Tineo Felix R $330,000 --
Gmp Homes Inc -- --
Gmp Homes Inc -- --
Carrion Gilberto -- Commonwealth Land Title Ins
Carrion Gilberto -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Montanez Angel Daniel Miranda $461,487
Previous Owner Vargas Marilyn $495,000
Previous Owner Dean Carmen $446,500
Closed Tineo Felix R $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2015 08/13/15 Sold $470,000 -4.9% $178 / Sq Ft
02/05/2015 02/05/15 Pending -- -- --
05/07/2014 05/07/14 For Sale $494,000 -- $187 / 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 $6,597 $34,814 $5,390 $29,424
2024 $6,597 $32,844 $5,629 $27,215
2023 $6,642 $32,704 $5,701 $27,003
2022 $6,159 $38,460 $7,980 $30,480
2021 $6,472 $36,060 $7,980 $28,080
2020 $6,141 $39,840 $7,980 $31,860
2019 $5,726 $37,020 $7,980 $29,040
2018 $5,556 $27,253 $6,675 $20,578
2017 $5,241 $25,712 $6,732 $18,980
2016 $5,123 $25,627 $7,926 $17,701
2015 $2,926 $24,177 $8,560 $15,617
2014 $2,926 $22,809 $8,656 $14,153
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4412475

OneKey® MLS

APN: 04016-0042