NOT LISTED FOR SALE

Estimated Value: $818,753 - $1,036,000

6 Beds
2 Baths
2,677 Sq Ft
$358/Sq Ft Est. Value

Last Sold December 18, 2018

Last sale price $734,000 $274 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $5,619/month

26 Days on Market

Highlights

  • 0.06 Acre Lot
  • Property is near public transit
  • Main Floor Primary Bedroom
  • Colonial Architecture
  • Private Lot
  • 3-minute walk to Matthews Mulliner Playground

About This Home

As of December 2018

Nestled just feet away from sought after Morris Park Ave is this terrific home. The two family property features and expansive layout, and upgrades such as new kitchens, bathrooms, appliances, windows, wood floors and more. The main floor boast two bedrooms and a full bathroom while the oversized owner's unit showcases a four bedroom duplex and a full bathroom. The basement is completely finished with soaring ceilings and leads to the private backyard making this home an ideal investment. Make it yours Today!

Last Agent to Sell the Property

Manuel Pantiga

License #10311210497 Listed on: 10/10/2018

Last Buyer's Agent

Lorena Espaillat

Compass Greater NY, LLC License #10401292375

Compass Greater NY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,277

Year Built

  • Built in 1915 | Remodeled in 2018

Lot Details

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

Parking

  • On-Street Parking

Home Design

  • 2,677 Sq Ft Home
  • Colonial Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Aluminum Siding

Bedrooms and Bathrooms

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

Finished Basement

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

Utilities

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

Additional Features

  • Eat-In Kitchen
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Assessor Parcel Number 04055-0036

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,277

Year Built

Built in 1915 | Remodeled in 2018

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1915
  • Year Built Effective: 2018
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2018

Interior Features

  • Interior Amenities: Master Downstairs, 1st Floor Bedrm, Eat-in Kitchen
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 6
  • Living Area: 2677.00
  • Square Footage: 2677.00

Exterior Features

  • Construction Materials: Brick, Frame, Aluminum Siding
  • View YN: No

Garage/Parking

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

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Oil, Baseboard
  • 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

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.0600
  • Lot Size Area: 0.0600
  • Lot Dimensions: 0.0574
  • Lot Size Sq Ft: 2500.00
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit, Private
  • Parcel Number: 04055-0036
  • Property Attached: No

Rental Info

  • Tenant Pays: Cooking Gas, Electricity

Tax Info

  • Close Date: 2018-12-18
  • Included in Taxes: Trash
  • Tax Annual Amount: 4277.00
  • Tax Map Number: 04055-0036

Multi Family

  • Units Total: 2
  • Two 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2018
Closed on
Dec 14, 2018
Sold by
1702 Wallace Ave Llc
Bought by
Garcia Luz and Garcia Moises
Seller's Agent
Manuel Pantiga
Buyer's Agent
Lorena Espaillat
Compass Greater NY, LLC
List Price
$748,888
Sold Price
$734,000
Premium/Discount to List
-$14,888
-1.99%
Current Estimated Value
$929,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,110
Avg. Annual Appreciation
3.55%
Original Mortgage
$720,705
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2018
Sold by
Juers Joan M and Muzyka Maria C
Bought by
1702 Wallace Ave Llc

Purchase Details

Closed on
Mar 3, 1997
Sold by
Muzyka Maria and Diberardino Nicholas J
Bought by
Muzyka Maria C and Juers Joan M
Source: Public Records

Range of Values:

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Average Value
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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
Garcia Luz $734,000 --
Garcia Luz $734,000 --
1702 Wallace Ave Llc $500,000 --
1702 Wallace Ave Llc $500,000 --
Muzyka Maria C -- The Title Guarantee Company
Muzyka Maria C -- The Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Luz $714,793
Closed Garcia Luz $720,705
Previous Owner Juers Joan M $82,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2018 12/18/18 Sold $734,000 -2.0% $274 / Sq Ft
10/10/2018 10/10/18 Pending -- -- --
10/10/2018 10/10/18 For Sale $748,888 -- $280 / 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 $5,855 $30,691 $4,724 $25,967
2024 $5,855 $29,150 $4,689 $24,461
2023 $5,763 $28,375 $5,229 $23,146
2022 $5,375 $45,120 $8,580 $36,540
2021 $5,383 $43,740 $8,580 $35,160
2020 $5,414 $37,860 $8,580 $29,280
2019 $5,082 $33,360 $8,580 $24,780
2018 $4,523 $23,646 $5,561 $18,085
2017 $4,277 $22,453 $5,713 $16,740
2016 $3,951 $21,316 $6,183 $15,133
2015 $2,335 $21,313 $6,619 $14,694
2014 $2,335 $20,244 $7,538 $12,706
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4847475

OneKey® MLS

APN: 04055-0036