NOT LISTED FOR SALE

Estimated Value: $857,551 - $988,000

7 Beds
2 Baths
3,090 Sq Ft
$301/Sq Ft Est. Value

Last Sold May 27, 2022

Last sale price $825,000 $267 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,436/month

57 Days on Market

Highlights

  • 0.05 Acre Lot
  • Balcony
  • Window Unit Cooling System
  • Property is near public transit
  • Eat-In Kitchen
  • Patio

About This Home

As of May 2022

Wonderful opportunity to own a spacious two-family home on a quiet, tree-lined street in the Morris Park neighborhood. Sitting on a 25' x 95' lot with just over 3,000 square feet of living space, this fully detached home boasts a total of seven bedrooms, two full bathrooms, and a large, fenced-in back yard. Highlights include hardwood floors, light and bright rooms, eat-in kitchens with granite counter and tile backsplash, two rear balconies, and a walkout basement with a separate front entrance. The first-floor unit includes three generous-sized bedrooms on the main level, a sun-filled living room, and an eat-in kitchen with sliding glass doors to the balcony overlooking the back yard. The finished basement offers a large recreation room, added flexible space, a small kitchenette, and direct access to the rear yard. The second-floor unit includes four bedrooms, a living room, an eat-in kitchen, and a balcony with views of the rear yard and beyond. This home is conveniently located near shops and restaurants, boasting close proximity to the 2/5 trains for commuters and quick access to the Bronx River Parkway, the Bruckner Expressway, and the Bronx Zoo.

Last Agent to Sell the Property

Emmanuel Martinez

Link NY Realty License #10401297041 Listed on: 01/24/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,883

Year Built

  • Built in 1910

Lot Details

  • 2,374 Sq Ft Lot
  • No Common Walls

Parking

  • On-Street Parking

Interior Spaces

  • 3,090 Sq Ft Home
  • Walk-Out Basement
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony
  • Patio

Location

  • Property is near public transit

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Oil
  • Natural Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 04020-0010

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,883

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1910
  • Attribution Contact: 646-495-9838
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Walk-Out Access
  • Total Bedrooms: 7
  • Living Area: 3090.00
  • Square Footage: 3090.00

Exterior Features

  • Exterior Features: Balcony
  • Patio and Porch Features: Patio

Garage/Parking

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

Utilities

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

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: 0.0500
  • Lot Size Area: 0.0500
  • Lot Size Sq Ft: 2374.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04020-0010
  • Property Attached: No

Rental Info

  • Hold Start Date: 2022-03-11
  • Tenant Pays: Electricity, Gas

Tax Info

  • Close Date: 2022-05-27
  • Tax Annual Amount: 5883.00
  • Tax Map Number: 04020-0010

Multi Family

  • Units Total: 2
  • Three Bedrooms: 1
  • Four 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

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2022
Closed on
May 13, 2022
Sold by
Lumaj Alda and Lumaj Pllumb
Bought by
Lin Wei and Wu Yanming
Seller's Agent
Emmanuel Martinez
Link NY Realty
List Price
$820,000
Sold Price
$825,000
Premium/Discount to List
$5,000
0.61%
Current Estimated Value
$930,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,888
Avg. Annual Appreciation
3.53%
Original Mortgage
$660,000
Outstanding Balance
$626,193
Interest Rate
5.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$304,695

Purchase Details

Closed on
Nov 3, 2016
Sold by
Piccoli Elizabeth R and Piccoli Peter J
Bought by
Lumaj Alda and Lumaj Pllumb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
3.42%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lin Wei $825,000 --
Lin Wei $825,000 --
Lumaj Alda $475,000 --
Lumaj Alda $475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Wei $660,000
Closed Lin Wei $660,000
Previous Owner Lumaj Alda $380,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2022 05/27/22 Sold $825,000 0.0% $267 / Sq Ft
03/22/2022 03/22/22 Pending -- -- --
03/11/2022 03/11/22 Off Market $825,000 -- --
01/24/2022 01/24/22 For Sale $820,000 -- $265 / 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 $6,357 $33,546 $5,039 $28,507
2024 $6,357 $31,649 $5,666 $25,983
2023 $6,064 $29,860 $5,025 $24,835
2022 $5,948 $42,360 $8,400 $33,960
2021 $6,236 $41,820 $8,400 $33,420
2020 $5,917 $37,020 $8,400 $28,620
2019 $5,517 $37,020 $8,400 $28,620
2018 $5,072 $24,883 $6,177 $18,706
2017 $5,072 $24,883 $5,664 $19,219
2016 $4,414 $24,693 $6,805 $17,888
2015 $2,355 $23,296 $7,603 $15,693
2014 $2,355 $21,979 $7,864 $14,115
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY6162870

OneKey® MLS

APN: 04020-0010