NOT LISTED FOR SALE

1723 Hone Ave Bronx, NY 10461

Morris Park Neighborhood

Estimated Value: $739,245 - $853,000

3 Beds
2 Baths
1,460 Sq Ft
$553/Sq Ft Est. Value

Last Sold June 12, 2021

Last sale price $725,000 $497 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,889/month

161 Days on Market

Highlights

  • Colonial Architecture
  • Main Floor Primary Bedroom
  • 1 Car Detached Garage
  • Property is near public transit
  • Formal Dining Room
  • 3-minute walk to Loreto Playground

About This Home

As of June 2021

Very Well Maintained Multi Family in the heart of Morris Park. This home has endless possibilities. With ample space, a perfect location, and plenty of parking. This Multi Family can be situated many different ways. With Updated kitchens , Hardwood floors, an open concept lower level and private back patio ..this home is a Must See.

Last Agent to Sell the Property

Anthony Saraco

Houlihan Lawrence Inc. License #10301222160 Listed on: 09/28/2020

Last Buyer's Agent

Rofi Ahmed

YourHomeSold Guaranteed Realty License #10401227423

YourHomeSold Guaranteed Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,950

Year Built

  • Built in 1925

Lot Details

  • No Common Walls
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,460 Sq Ft Home
  • Formal Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Location

  • Property is near public transit

Utilities

  • Window Unit Cooling System
  • 2 Heating Zones
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Water Heated By Indirect Tank

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 04103-0016

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

$4,950

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1925
  • Attribution Contact: 914-361-1065
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Master Downstairs, 1st Floor Bedrm, Eat-in Kitchen, Formal Dining Room
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Finished, Full
  • Total Bedrooms: 3
  • Living Area: 1460.00
  • Square Footage: 1460.00

Exterior Features

  • Construction Materials: Frame, Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Description: Detached, 1 Car Detached, Driveway, Garage, Off Street

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard, Hot Water
  • Hot Water: Indirect Tank
  • Heating Zones: 2
  • 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 Features: Level, Near Public Transit
  • Parcel Number: 04103-0016
  • Property Attached: No

Rental Info

  • Hold Start Date: 2021-03-05
  • Tenant Pays: All Utilities

Tax Info

  • Close Date: 2021-06-12
  • Tax Annual Amount: 4950.00
  • Tax Map Number: 04103-0016

Multi Family

  • Units Total: 2
  • 1 Bedrooms: 1
  • Three Bedrooms: 1
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

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
Sep 28, 2020
Closed on
May 27, 2021
Sold by
Musto Grace
Bought by
Alam Md J and Yeasmin Sabina
Seller's Agent
Anthony Saraco
Houlihan Lawrence Inc.
Buyer's Agent
Rofi Ahmed
YourHomeSold Guaranteed Realty
List Price
$775,000
Sold Price
$725,000
Premium/Discount to List
-$50,000
-6.45%
Current Estimated Value
$807,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,061
Avg. Annual Appreciation
2.51%
Original Mortgage
$560,000
Outstanding Balance
$507,010
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$300,051
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
Alam Md J $720,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alam Md J $560,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2021 06/12/21 Sold $725,000 0.0% $497 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
03/05/2021 03/05/21 Off Market $725,000 -- --
11/05/2020 11/05/20 Price Changed $725,000 -2.7% $497 / Sq Ft
10/12/2020 10/12/20 Price Changed $745,000 -3.9% $510 / Sq Ft
09/28/2020 09/28/20 For Sale $775,000 -- $531 / 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 $7,130 $35,770 $8,047 $27,723
2024 $7,130 $35,500 $8,953 $26,547
2023 $6,802 $33,491 $8,521 $24,970
2022 $6,308 $40,920 $10,380 $30,540
2021 $2,122 $33,480 $10,380 $23,100
2020 $2,191 $36,960 $10,380 $26,580
2019 $2,134 $34,680 $10,380 $24,300
2018 $1,892 $27,909 $9,935 $17,974
2017 $1,905 $26,330 $9,128 $17,202
2016 $3,331 $24,840 $10,380 $14,460
2015 $2,417 $25,860 $11,520 $14,340
2014 $2,417 $24,849 $10,417 $14,432
Source: Public Records

Agents Affiliated with this Home

  • Anthony Saraco

    Seller's Agent in 2021

    Anthony Saraco

    Houlihan Lawrence Inc.

    (914) 361-1065

    11 in this area

    116 Total Sales

    Anthony Saraco
    Section Image

  • R

    Buyer's Agent in 2021

    Rofi Ahmed

    YourHomeSold Guaranteed Realty

    (347) 961-4153

    6 in this area

    36 Total Sales

    Rofi Ahmed
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY6072932

OneKey® MLS

APN: 04103-0016

New York Bronx County Bronx 10461 Morris Park

1723 Hone Ave, Bronx, NY

This home is located at 1723 Hone Ave, Bronx, NY 10461 since 28 September 2020 and is currently estimated at $807,061, approximately $552 per square foot. This property was built in 1925. 1723 Hone 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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