$999,999
SOLD FEB 25, 2025
5 Beds
2 Baths
2,110 Sq Ft
2,500 Sq Ft Lot

Recently Sold

$474 Per Sq Ft

36 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • ENERGY STAR Qualified Windows
  • Property is near public transit
  • Forced Air Heating and Cooling System
  • 5-minute walk to Loreto Playground

About This Home

As of February 2025

Discover a fantastic opportunity to own an immaculate, spacious, two-Family property in a friendly neighborhood of Morris Park, The Bronx.

This property encompasses thoughtful updates that enhance both style and energy efficiency - including a new roof and energy-efficient thermal windows that provide insulation and reduce energy costs.

Situated close to schools, public transportation, local shopping, and dining. The two-family setup offers flexible options, whether you’re looking to generate rental income or have space for multi-generational living.

With an impressive 1,150 square feet of additional space in the fully finished basement, there’s ample room for a recreation area, home office, or can be used as an accessory unit.

This property offers a blend of comfort, convenience and investment potential—don’t miss out on making it your own!

Last Agent to Sell the Property

Margaret Martinez

Brokerage Phone: 212-359-0742 License #10401350169 Listed on: 11/12/2024

Last Buyer's Agent

Liliana Morales

Real Broker NY LLC License #10401304412

Real Broker NY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,412

Year Built

  • Built in 1920 | Remodeled in 2022

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • ENERGY STAR Qualified Windows
  • Wood Flooring
  • Finished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • Off-Site Parking

Schools

  • Contact Agent Elementary And Middle School
  • Contact Agent High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Deck
  • 2,500 Sq Ft Lot
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 04127-0027

Community Details

Overview

  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,412

Year Built

Built in 1920 | Remodeled in 2022

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Year Built: 1920
  • Year Built Effective: 2022
  • Attribution Contact: 212-359-0742
  • ResoBuildingAreaSource: Other
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2022

Interior Features

  • Flooring: Hardwood
  • Full Bathrooms: 2
  • Basement: Finished
  • Total Bedrooms: 5
  • Window Features: ENERGY STAR Qualified Windows
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Brick
  • Patio and Porch Features: Deck
  • Waterfront: No

Garage/Parking

  • Parking Description: Driveway, Off Site

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air, See Remarks
  • Sewer: Public Sewer
  • Utilities: Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Contact Agent

Lot Info

  • Lot Size Area: 0.0574
  • Lot Size Sq Ft: 2500
  • Building Area Total: 2110
  • Lot Features: Near Public Transit, Near Shops
  • Parcel Number: 04127-0027
  • Property Attached: No

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 7412
  • Tax Year: 2024

MLS Schools

  • Elementary School: Contact Agent
  • High School: Contact Agent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2024
Closed on
Feb 25, 2025
Sold by
1821 Paulding Ave Holdings Llc
Bought by
Abad Ronald F
Seller's Agent
Margaret Martinez
Buyer's Agent
Liliana Morales
Real Broker NY LLC
List Price
$999,999
Sold Price
$999,999
Views
16
Current Estimated Value
$1,012,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,806
Avg. Annual Appreciation
2.11%
Original Mortgage
$799,999
Outstanding Balance
$795,975
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$216,830

Purchase Details

Closed on
Oct 25, 2018
Sold by
Estate Of Mabel M Vareha and Estate Of Mabel Vareha
Bought by
1821 Paulding Ave Holdings Llc
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 Type Sale Price Title Company
Deed $999,999 --
Deed $380,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $799,999 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2025 02/25/25 Sold $999,999 0.0% $474 / Sq Ft
12/18/2024 12/18/24 Pending -- -- --
11/12/2024 11/12/24 For Sale $999,999 -- $474 / 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 $7,412 $38,189 $9,029 $29,160
2024 $7,412 $36,902 $9,647 $27,255
2023 $7,070 $34,814 $8,450 $26,364
2022 $6,557 $42,060 $10,980 $31,080
2021 $6,697 $38,100 $10,980 $27,120
2020 $6,736 $40,800 $10,980 $29,820
2019 $6,433 $35,760 $10,980 $24,780
2018 $4,277 $29,012 $9,566 $19,446
2017 $4,351 $27,370 $9,977 $17,393
2016 $4,119 $26,520 $10,980 $15,540
2015 $2,393 $26,520 $12,180 $14,340
2014 $2,393 $25,627 $10,004 $15,623
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: H6336225

OneKey® MLS

APN: 04127-0027