NOT LISTED FOR SALE

Estimated Value: $715,791 - $893,000

5 Beds
2 Baths
1,965 Sq Ft
$415/Sq Ft Est. Value

Last Sold July 27, 2017

Last sale price $500,000 $254 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $4,792/month

49 Days on Market

Highlights

  • 0.05 Acre Lot
  • Property is near public transit
  • Park
  • Colonial Architecture
  • Window Unit Cooling System
  • 3-minute walk to Matthews Mulliner Playground

About This Home

As of July 2017

Great opportunity to own a 2 Family detached Home located in the Heart of the Morris Park vicinity of the Bronx. This home has tremendous potential and needs some "TLC" but it has strong bones and expansion possibilities as well. This home features a first floor 2 bedroom apt and the 2nd /3rd floor is a 2/3 Bedroom duplex apartment. Bring your imagination here and with some new upgrades, you bring the old world charm back here. Nice level back yard and super low taxes of $4600 and ideal for the commuter- just minutes to Buses, Trains, major parkways and shopping. There is no Garage or driveway with this property. (FYI - Lot 1721 Barnes ave- to the left is also for Sale- it is a vacant lot -which has been subdivided and can be utilized to build a legal 3 Family Home- It can be sold together for $660k)

Last Agent to Sell the Property

Kieran Dwyer

Double C Realty Brokerage Phone: 914-776-1670 License #40DW0944062 Listed on: 01/18/2017

Last Buyer's Agent

Kieran Dwyer

Double C Realty Brokerage Phone: 914-776-1670 License #40DW0944062 Listed on: 01/18/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,645

Year Built

  • Built in 1925

Lot Details

  • 2,374 Sq Ft Lot
  • No Common Walls

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,965 Sq Ft Home
  • Unfinished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Oil

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 04036-0015

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

$4,645

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1925
  • Attribution Contact: 914-776-1670
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Unfinished, Walk-Out Access
  • Total Bedrooms: 5
  • Living Area: 1965
  • SquareFootage: 1965.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Aluminum Siding, Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: On Street

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Oil, Hot Water
  • Sewer: Sewer
  • Water Source: Public
  • Hot Water: Fuel Oil Stand Alone
  • NumberOfHeatingZones: 1

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 0.0545
  • Lot Size Sq Ft: 2374
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04036-0015
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf1Bedrooms: 0
  • NumberOf2Bedrooms: 2
  • NumberOf3Bedrooms: 0
  • NumberOf4Bedrooms: 0

Tax Info

  • Tax Annual Amount: 4645
  • Tax Map Number: 04036-0015

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
Nov 8, 2023
Sold by
Vilajeti Darion
Bought by
1723 Barnes Ave Llc
Current Estimated Value
$816,198

Purchase Details

Closed on
Jul 27, 2022
Sold by
Vilajeti Darion and Vilajeti Venona
Bought by
Vilajeti Darion

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,405
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 2, 2018
Sold by
Vilajeti Venona
Bought by
Vilajeti Darion and Vilajeti Venona

Purchase Details

Listed on
Jan 18, 2017
Closed on
Jul 27, 2017
Sold by
Gatto Doreen and Loffredo Robert
Bought by
Vilajeti Venona
Seller's Agent
Kieran Dwyer
Double C Realty
Buyer's Agent
Kieran Dwyer
Double C Realty
List Price
$460,000
Sold Price
$500,000
Premium/Discount to List
$40,000
8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.98%
Original Mortgage
$432,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2012
Sold by
Loffredo Leonard
Bought by
Gatto Doreeen and As Trustee The Leonard Loffredo Irrevoc
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
1723 Barnes Ave Llc -- --
Vilajeti Darion -- --
Vilajeti Darion -- --
Vilajeti Venona $480,000 --
Gatto Doreeen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vilajeti Darion $298,405
Previous Owner Vilajeti Venona $432,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2017 07/27/17 Sold $500,000 +8.7% $254 / Sq Ft
01/18/2017 01/18/17 Pending -- -- --
01/18/2017 01/18/17 For Sale $460,000 -- $234 / 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 $6,289 $33,189 $6,944 $26,245
2024 $6,289 $31,310 $7,802 $23,508
2023 $5,999 $29,539 $6,327 $23,212
2022 $5,563 $40,620 $9,240 $31,380
2021 $5,865 $33,360 $9,240 $24,120
2020 $5,854 $33,780 $9,240 $24,540
2019 $5,458 $33,480 $9,240 $24,240
2017 $4,730 $23,223 $7,374 $15,849
2016 $1,454 $23,223 $7,826 $15,397
2015 $762 $23,048 $9,317 $13,731
2014 $762 $21,744 $9,158 $12,586
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4702225

OneKey® MLS

APN: 04036-0015