NOT LISTED FOR SALE

1720 Paulding Ave Bronx, NY 10462

Morris Park Neighborhood

Estimated Value: $794,000 - $1,082,000

6 Beds
5 Baths
2,472 Sq Ft
$395/Sq Ft Est. Value

Last Sold September 20, 2022

Last sale price $970,000 $392 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,785/month

14 Days on Market

Highlights

  • Property is near public transit
  • Balcony
  • Eat-In Kitchen
  • Wood Flooring
  • 1 Car Detached Garage
  • 4-minute walk to Loreto Playground

About This Home

As of September 2022

Savvy investment opportunity offers two large 3 bed, 2 full bath apartments, and a finished walkout basement with extra room, kitchenette, and bath. This property has been recently remodeled to include the new hardwood floors, recessed lighting, and all brand new large windows which provide an abundance of natural light in every room. Each floor is equipped with washer/dryer hook ups. Some of the other new upgrades include: new electric, plumbing, entirely new roof, brick pointing and stucco, and 3 hot water tanks. Large two car garage in the back of the home is ample enough for two cars. Located in the heart of Morris Park, this is the perfect location for commuters. It's walking distance to Albert Einstein College of Medicine, Jacobi Hospital, Loretto Park, the 6 MTA line, the BX8, BX21, and the express bus to Manhattan.

Last Agent to Sell the Property

Saulo Espaillat

Compass Greater NY, LLC License #10401284064 Listed on: 07/14/2022

Compass Greater NY, LLC

Co-Listed By

Lorena Espaillat

Compass Greater NY, LLC License #10401292375

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,138

Year Built

  • Built in 1935 | Remodeled in 2022

Lot Details

  • 2,500 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Parking

  • 1 Car Detached Garage
  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • 2,472 Sq Ft Home
  • Wood Flooring
  • Finished Basement
  • Walk-Out Basement
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Oil
  • Natural Gas Water Heater
  • Municipal Trash

Additional Features

  • Balcony
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 04103-0034

Community Details

Recreation

  • Park

Additional Features

  • 2 Units
  • 3 Separate Electric Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,138

Year Built

Built in 1935 | Remodeled in 2022

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: See Remarks
  • Property SubType: Multi Family
  • Year Built: 1935
  • Year Built Effective: 2022
  • Attribution Contact: 914-337-0070
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2022

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 5
  • Full Bathrooms: 5
  • Basement: Finished, Walk-Out Access
  • Total Bedrooms: 6
  • Living Area: 2472.00
  • Square Footage: 2472.00

Exterior Features

  • Construction Materials: Brick, Stucco
  • Exterior Features: Balcony

Garage/Parking

  • Total Parking Spaces: 2.00
  • Attached Garage: No
  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Description: Detached, 1 Car Detached, On Street

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Garbage Removal: Public
  • Heating: Oil, Baseboard
  • Hot Water: Gas Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Call Listing Agent
  • Middle School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.0600
  • Lot Size Area: 0.0600
  • Lot Size Sq Ft: 2500.00
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 04103-0034
  • Property Attached: Yes

Rental Info

  • Hold Start Date: 2022-07-27
  • Tenant Pays: See Remarks

Tax Info

  • Close Date: 2022-09-20
  • Tax Annual Amount: 6138.00
  • Tax Map Number: 04103-0034

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 3

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
Jul 14, 2022
Closed on
Sep 20, 2022
Sold by
Esquire Properties Llc
Bought by
Chen Zihui and Han Yao
Seller's Agent
Saulo Espaillat
Compass Greater NY, LLC
List Price
$999,000
Sold Price
$970,000
Premium/Discount to List
-$29,000
-2.9%
Views
6
Current Estimated Value
$977,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,325
Avg. Annual Appreciation
0.25%
Original Mortgage
$727,500
Outstanding Balance
$694,367
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$282,958

Purchase Details

Closed on
Jul 29, 2021
Sold by
South Condo Llc
Bought by
Esquire Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 2021
Sold by
Molette Edward A and Molette Edward W
Bought by
Esquire Properties Llc and South Condo, Llc

Purchase Details

Closed on
May 6, 2014
Sold by
Bernier Barbara and Molette Barbara
Bought by
Esquire Properties Llc and South Condo Llc
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
Chen Zihui $970,000 --
Esquire Properties Llc $325,000 --
Esquire Properties Llc $233,220 --
Esquire Properties Llc $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Zihui $727,500
Previous Owner Esquire Properties Llc $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2022 09/20/22 Sold $970,000 0.0% $392 / Sq Ft
07/29/2022 07/29/22 Pending -- -- --
07/27/2022 07/27/22 Off Market $970,000 -- --
07/14/2022 07/14/22 For Sale $999,000 -- $404 / 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 $6,992 $35,078 $5,438 $29,640
2024 $6,992 $34,814 $5,315 $29,499
2023 $6,670 $32,844 $5,328 $27,516
2022 $6,186 $45,840 $8,400 $37,440
2021 $6,152 $37,200 $8,400 $28,800
2020 $6,188 $40,800 $8,400 $32,400
2019 $6,069 $41,940 $8,400 $33,540
2018 $5,579 $27,370 $6,015 $21,355
2017 $5,264 $25,821 $6,694 $19,127
2016 $4,870 $24,360 $8,400 $15,960
2015 $3,775 $28,680 $9,300 $19,380
2014 $3,775 $28,200 $9,300 $18,900
Source: Public Records

Agents Affiliated with this Home

  • Saulo Espaillat

    Seller's Agent in 2022

    Saulo Espaillat

    Compass Greater NY, LLC

    (917) 859-1420

    5 in this area

    122 Total Sales

    Saulo Espaillat
    Section Image
  • Lorena Espaillat

    Seller Co-Listing Agent in 2022

    Lorena Espaillat

    Compass Greater NY, LLC

    (914) 377-5476

    3 in this area

    115 Total Sales

    Lorena Espaillat
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY6196573

OneKey® MLS

APN: 04103-0034

New York Bronx County Bronx 10462 Morris Park

1720 Paulding Ave, Bronx, NY

This home is located at 1720 Paulding Ave, Bronx, NY 10462 since 14 July 2022 and is currently estimated at $977,325, approximately $395 per square foot. This property was built in 1935. 1720 Paulding Ave is a home located in Bronx County with nearby schools including P.S. 083 The Donald Hertz School, Emblaze Academy Charter School, and Icahn Charter School 2.

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