NOT LISTED FOR SALE

Estimated Value: $826,000 - $1,029,056

7 Beds
3 Baths
2,228 Sq Ft
$410/Sq Ft Est. Value

Last Sold February 16, 2018

Last sale price $625,000 $281 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $5,399/month

108 Days on Market

Highlights

  • 0.06 Acre Lot
  • Wood Flooring
  • Window Unit Cooling System
  • Property is near public transit
  • Formal Dining Room
  • 5-minute walk to Van Nest Park

About This Home

As of February 2018

3 -FAMILY DETACHED BRICK HOUSE Located in Prestigious Morris Park/ Van Nest neighborhood! Top Floor: 3 Bedrooms, Living Room, Kitchen and Full Bathroom Middle Floor: 3 Bedrooms, Living Room, Formal Dining Room, Kitchen and Full Bathroom 1st Floor: 1 Bedroom, Living Room, Kitchen and 1 Full Bathroom House has a large backyard with plenty of space. Great property to live or as an investment in the Bronx and will sell fast. Basement is finished with a walk out to the back yard and being used as storage, updated burner and water heater.Ideal investment property for someone who is looking to rent and live rent free.24 Hr Notice Required.

Last Agent to Sell the Property

Anthony Domathoti

Exit Realty Premium Brokerage Phone: 718-829-2300 License #10311206746 Listed on: 09/01/2017

Exit Realty Premium

Last Buyer's Agent

Jose Flores

EXIT Realty Private Client License #10301219876

EXIT Realty Private Client

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,548

Year Built

  • Built in 1920

Lot Details

  • 2,500 Sq Ft Lot
  • No Common Walls
  • Fenced

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,228 Sq Ft Home
  • Formal Dining Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Finished Basement

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

Location

  • Property is near public transit

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 04029-0046

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,548

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: See Remarks
  • Property SubType: Multi Family
  • Year Built: 1920
  • Attribution Contact: 718-829-2300
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Formal Dining
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 7
  • Living Area: 2228
  • SquareFootage: 2228.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Brick
  • Fencing: Fenced

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Oil, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 3

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Dimensions: 0.0574
  • Lot Size Sq Ft: 2500
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04029-0046
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3
  • NumberOf1Bedrooms: 1
  • NumberOf2Bedrooms: 0
  • NumberOf3Bedrooms: 2
  • NumberOf4Bedrooms: 0

Tax Info

  • Tax Annual Amount: 4548
  • Tax Map Number: 04029-0046

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 1, 2017
Closed on
Feb 16, 2018
Sold by
Garcia Charito and Garcia Johny
Bought by
Soto Jovani
Seller's Agent
Anthony Domathoti
Exit Realty Premium
Buyer's Agent
Jose Flores
EXIT Realty Private Client
List Price
$575,000
Sold Price
$625,000
Premium/Discount to List
$50,000
8.7%
Total Days on Market
108
Current Estimated Value
$914,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,264
Avg. Annual Appreciation
5.74%
Original Mortgage
$638,226
Outstanding Balance
$551,194
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$387,741

Purchase Details

Closed on
Sep 6, 2000
Sold by
Olivo Ariel and Olivo Peggy
Bought by
Garcia Johny and Garcia Charito

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,950
Interest Rate
7.78%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 18, 1995
Sold by
Bonaviso Evelyn
Bought by
Olivo Ariel and Olivo Peggy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,650
Interest Rate
8.96%
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
Soto Jovani $650,000 --
Garcia Johny $250,000 Ticor Title Guarantee Compan
Olivo Ariel $169,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soto Jovani $12,518
Open Soto Jovani $638,226
Previous Owner Garcia Charita $351,742
Previous Owner Garcia Johny $247,950
Previous Owner Olivo Ariel $167,650
Previous Owner Andino Juanita $137,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2018 02/16/18 Sold $625,000 +8.7% $281 / Sq Ft
09/01/2017 09/01/17 Pending -- -- --
09/01/2017 09/01/17 For Sale $575,000 -- $258 / 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
2024 $6,558 $32,650 $6,950 $25,700
2023 $6,256 $30,804 $7,580 $23,224
2022 $5,802 $40,980 $10,320 $30,660
2021 $6,116 $40,920 $10,320 $30,600
2020 $6,105 $39,060 $10,320 $28,740
2019 $5,692 $39,060 $10,320 $28,740
2018 $5,233 $25,670 $7,719 $17,951
2017 $4,637 $24,218 $7,815 $16,403
2016 $4,532 $24,218 $9,277 $14,941
2015 $2,536 $24,033 $11,169 $12,864
2014 $2,536 $22,674 $9,136 $13,538
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4739619

OneKey® MLS

APN: 04029-0046