NOT LISTED FOR SALE

Estimated Value: $1,022,000 - $1,191,000

8 Beds
3 Baths
2,172 Sq Ft
$517/Sq Ft Est. Value

Last Sold November 30, 2021

Last sale price $900,000 $414 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $6,633/month

51 Days on Market

About This Home

As of November 2021

INCREDIBLE INVESTMENT OPPORTUNITY IN THE MORRIS PARK/ VAN NEST SECTION OF THE BRONX. LIVE IN ONE AND HAVE THE TENANTS PAY YOUR BILLS!! Perfect Investment Property With big upside for investors. This turnkey multifamily home is totally renovated no improvements needed. Ideal location near shops, schools, transportation and easy access to parkways only ten minutes away from major stores. Don't Miss This One!!!Rents below market value. You can make it to a 10% cap after with an increase in rent. NO LEASES!!! STAR exemption not included in taxes. Legal 3 family home in the Bronx convenient to public transportation, shopping, and highways.

Last Agent to Sell the Property

Rafael Silva

Douglas Elliman Real Estate License #10401278637 Listed on: 07/21/2021

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,782

Lot Details

  • 2,483

Home Design

Interior Spaces

  • 2,172 Sq Ft Home
  • 3-Story Property
  • Washer Dryer Allowed

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Community Details

  • 3 Units
  • Van Nest Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,782

Lot Details

0

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Van Nest
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances: Washer Dryer Allowed
  • Living Area: 2172.0
  • Living Area Units: Square Feet
  • Rooms (Total): 19

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 8

Garage/Parking

  • Garage: No

Building Info

  • Units: 3
  • Total Stories: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2021
Closed on
Nov 30, 2021
Sold by
Hernandez David
Bought by
Ren Bronx Real Estate Inc
Seller's Agent
Rafael Silva
Douglas Elliman Real Estate
List Price
$899,999
Sold Price
$900,000
Premium/Discount to List
$1
0.0%
Current Estimated Value
$1,122,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,239
Avg. Annual Appreciation
3.58%
Original Mortgage
$675,000
Outstanding Balance
$623,614
Interest Rate
2.98%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$404,486

Purchase Details

Closed on
Oct 22, 2014
Sold by
United Hering Llc
Bought by
Hernandez David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,250
Interest Rate
3.97%

Purchase Details

Closed on
Jan 28, 2014
Sold by
Taylor-Hadson Patty
Bought by
United Hering Llc

Purchase Details

Closed on
Mar 21, 2007
Sold by
Owens Calvin E
Bought by
Taylor-Hadson Patty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2005
Sold by
Della Ruffa Italo and Della Ruffa Susanna
Bought by
Owens Calvin E
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ren Bronx Real Estate Inc $900,000 --
Hernandez David $575,000 --
United Hering Llc $277,000 --
Taylor-Hadson Patty $625,000 --
Owens Calvin E $515,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ren Bronx Real Estate Inc $675,000
Previous Owner Hernandez David $431,250
Previous Owner Taylor-Hadson Patty $500,000
Previous Owner Taylor-Hadson Patty $93,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2022 04/20/22 Off Market $900,000 -- --
11/30/2021 11/30/21 Sold $900,000 0.0% $414 / Sq Ft
10/31/2021 10/31/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $899,999 -- $414 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $6,782 $34,214 $5,280 $28,934
2024 $6,782 $33,767 $5,497 $28,270
2023 $6,470 $31,856 $5,738 $26,118
2022 $6,000 $46,140 $9,240 $36,900
2021 $6,326 $47,160 $9,240 $37,920
2020 $6,035 $43,080 $9,240 $33,840
2019 $5,886 $39,960 $9,240 $30,720
2018 $5,412 $26,547 $8,111 $18,436
2017 $5,106 $25,048 $6,549 $18,499
2016 $5,007 $25,048 $7,761 $17,287
2015 $2,850 $23,760 $10,260 $13,500
2014 $2,850 $23,450 $8,871 $14,579
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10742037

Real Estate Board of New York (REBNY)

APN: 04034-0012