NOT LISTED FOR SALE

Estimated Value: $788,312 - $966,000

5 Beds
2 Baths
2,200 Sq Ft
$416/Sq Ft Est. Value

Last Sold December 10, 2020

Last sale price $830,000 $377 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,769/month

78 Days on Market

Highlights

  • Property is near public transit
  • Main Floor Primary Bedroom
  • Balcony
  • Wood Flooring
  • Granite Countertops
  • 4-minute walk to Loreto Playground

About This Home

As of December 2020

PRICE REDUCTION, ???????? ???? all you need is a moving company to transport your furnishings to this upgraded two family brick residence in the heart of Morris Park proximate to all conveniences such as the best supermarkt in Morris Park located less than 400 feet from your front door. You'll be close to the subway at the Esplanade Subway Station and Manhattan Express Bus located on Morris Park Avenue less than one block away. Come and see your back yard, patio, patio canopy and terrace. Parking is not a problem with your front yard driveway. This property offers spacious living rooms bedrooms, new kitchens installed 2019. Once settled, enjoy our neighborhood of Morris Park with diversified Cuisine from our many "A" rated restaurants, diners, pizzerias or take a trip to the famous Bronx Zoo, Botanical Gardens and tourist attraction of Arthur Avenue specialty shops and famous Arthur Avenue Market. The keys to your new home await you.

Last Listed By

Richard Greco

Richard Greco Real Estate License #35GR0245678 Listed on: 07/28/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,264

Year Built

  • Built in 1950 | Remodeled in 2019

Lot Details

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

Parking

  • Driveway

Home Design

  • Brick Exterior Construction
  • Block Exterior

Interior Spaces

  • 2,200 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Partial Basement
  • Granite Countertops

Bedrooms and Bathrooms

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

Utilities

  • Window Unit Cooling System
  • 2 Heating Zones
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Balcony
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Assessor Parcel Number 04127-0031

Community Details

Overview

  • 2 Units
  • Morris Park Community
  • Morris Park Subdivision

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,264

Year Built

Built in 1950 | Remodeled in 2019

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Townhouse, 2 Story
  • Property SubType: Multi Family
  • Subdivision Name: Morris Park
  • Development Name: Morris Park
  • Year Built: 1950
  • Year Built Effective: 2019
  • Attribution Contact: 718-518-8588
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2019

Interior Features

  • Interior Amenities: Master Downstairs, Granite Counters
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Partial, None
  • Total Bedrooms: 5
  • Living Area: 2200.00
  • Square Footage: 2200.00

Exterior Features

  • Construction Materials: Block, Brick
  • Fencing: Fenced
  • Exterior Features: Balcony

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard, Hot Water
  • Hot Water: Gas Stand Alone
  • Heating Zones: 2
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Additional Fee: 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: 0.0600
  • Lot Size Area: 0.0600
  • Lot Size Sq Ft: 2500.00
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 04127-0031
  • Property Attached: No

Rental Info

  • Tenant Pays: Cooking Gas, Electricity

Tax Info

  • Close Date: 2020-12-10
  • Included in Taxes: Trash
  • Tax Annual Amount: 5264.00
  • Tax Map Number: 04127-0031

Multi Family

  • Units Total: 2
  • Two 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
Jul 28, 2020
Closed on
Dec 10, 2020
Sold by
Greig Anthony C and Greig Susan
Bought by
Ho Kim Phuc and Nguyen Long
Seller's Agent
Richard Greco
Richard Greco Real Estate
List Price
$950,000
Sold Price
$830,000
Premium/Discount to List
-$120,000
-12.63%
Total Days on Market
78
Current Estimated Value
$914,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,328
Avg. Annual Appreciation
2.17%
Original Mortgage
$580,000
Outstanding Balance
$521,109
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$393,219

Purchase Details

Closed on
Feb 23, 2011
Sold by
Bonito Donna and Bonito Susan Marie
Bought by
Greig Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,166
Interest Rate
4.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 1996
Sold by
Bonito Susan Marie and Greig Susan Marie
Bought by
Bonito Susan Marie and Greig Susan Marie
Source: Public Records

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Range of Values:

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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
Ho Kim Phuc $830,000 --
Ho Kim Phuc $830,000 --
Greig Susan -- --
Greig Susan -- --
Bonito Susan Marie -- Commonwealth Land Title Ins
Bonito Susan Marie -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ho Kim Phuc $580,000
Closed Ho Kim Phuc $580,000
Previous Owner Greig Susan $58,166
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2020 12/10/20 Sold $830,000 -2.2% $377 / Sq Ft
10/14/2020 10/14/20 Pending -- -- --
10/02/2020 10/02/20 Price Changed $848,888 0.0% $386 / Sq Ft
09/28/2020 09/28/20 Price Changed $849,000 -5.6% $386 / Sq Ft
09/21/2020 09/21/20 Price Changed $899,000 -2.8% $409 / Sq Ft
09/19/2020 09/19/20 Price Changed $924,999 0.0% $420 / Sq Ft
08/18/2020 08/18/20 Price Changed $925,000 -2.6% $420 / Sq Ft
07/28/2020 07/28/20 For Sale $950,000 -- $432 / 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 $7,871 $39,485 $8,566 $30,919
2024 $7,871 $39,187 $9,175 $30,012
2023 $7,508 $36,970 $8,521 $28,449
2022 $6,963 $48,600 $11,520 $37,080
2021 $6,925 $41,520 $11,520 $30,000
2020 $4,057 $41,040 $11,520 $29,520
2019 $3,977 $40,440 $11,520 $28,920
2018 $4,515 $30,808 $10,269 $20,539
2017 $4,744 $29,065 $9,556 $19,509
2016 $4,302 $27,420 $11,520 $15,900
2015 $2,797 $29,016 $12,263 $16,753
2014 $2,797 $28,732 $12,143 $16,589
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6058269

OneKey® MLS

APN: 04127-0031