NOT LISTED FOR SALE

Estimated Value: $797,599 - $851,000

6 Beds
2 Baths
1,978 Sq Ft
$413/Sq Ft Est. Value

Last Sold November 21, 2022

Last sale price $710,000 $359 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,832/month

223 Days on Market

Highlights

  • 0.06 Acre Lot
  • Property is near public transit
  • Cooling System Mounted In Outer Wall Opening
  • Colonial Architecture
  • Eat-In Kitchen
  • Park

About This Home

As of November 2022

In sought after MORRIS PARK, an investment opportunity with 2, 3-bedroom units. Recent roof, plumbing, water heater and updated electrical. Lease Solar and new owner is welcome to take over the lease. Conveniently located just steps to Stores, Restaurants and Public Transportation. Street Parking. Selling as is. Sellers will deliver the first floor vacant.

Last Agent to Sell the Property

Patricia Memoli

Houlihan Lawrence Inc. License #10401208936 Listed on: 01/20/2022

Co-Listed By

Alexandra Memoli

Houlihan Lawrence Inc. License #10401270221

Last Buyer's Agent

Syed Kibria

New Empire Real Estate Group License #30KI0988867

New Empire Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,345

Year Built

  • Built in 1915

Lot Details

  • 2,500 Sq Ft Lot
  • No Common Walls

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture

Interior Spaces

  • 1,978 Sq Ft Home
  • Finished Basement
  • Walk-Out Basement
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Heating System Uses Oil
  • Oil Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 04051-0052

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

$5,345

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Subdivision Name: Morris Park
  • Development Name: Morris Park
  • Year Built: 1915
  • Attribution Contact: 914-636-6700
  • 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: Finished, Walk-Out Access
  • Total Bedrooms: 6
  • Living Area: 1978.00
  • Square Footage: 1978.00

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None, On Street

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Garbage Removal: Public
  • Heating: Oil, Hot Water
  • Hot Water: Fuel Oil Stand Alone
  • 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 Sq Ft: 2500.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04051-0052
  • Property Attached: No

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Close Date: 2022-11-21
  • Tax Annual Amount: 5345.00
  • Tax Map Number: 04051-0052

Multi Family

  • Units Total: 2
  • Three Bedrooms: 2
  • 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
Jan 20, 2022
Closed on
Nov 18, 2022
Sold by
Andrade-Ortiz Carlos D and Sepulveda Yanika A
Bought by
Chowdhury Neon and Das Champa R
Seller's Agent
Patricia Memoli
Houlihan Lawrence Inc.
Buyer's Agent
Syed Kibria
New Empire Real Estate Group
List Price
$749,000
Sold Price
$710,000
Premium/Discount to List
-$39,000
-5.21%
Views
40
Current Estimated Value
$817,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,400
Avg. Annual Appreciation
4.81%
Original Mortgage
$541,000
Outstanding Balance
$523,679
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$293,721

Purchase Details

Listed on
Mar 6, 2013
Closed on
Oct 9, 2014
Sold by
Schneider Lawrence
Bought by
Andrade-Ortiz Carlos D and Sepulveda Yanilka A
Seller's Agent
Noel Cohen
Cohen and Cohen Consulting
Buyer's Agent
Yara Annechiarico
At Home With Yara Realty
List Price
$430,000
Sold Price
$395,000
Premium/Discount to List
-$35,000
-8.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.41%
Original Mortgage
$387,845
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2005
Sold by
Schneider Joan
Bought by
Schneider Joan and Schneider Lawrence
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
Chowdhury Neon $724,400 --
Chowdhury Neon $724,400 --
Andrade-Ortiz Carlos D $395,000 --
Andrade-Ortiz Carlos D $395,000 --
Schneider Joan -- --
Schneider Joan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chowdhury Neon $541,000
Closed Chowdhury Neon $541,000
Previous Owner Andrade-Ortiz Carlos D $387,845
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/21/2022 11/21/22 Sold $710,000 -1.4% $359 / Sq Ft
08/31/2022 08/31/22 Pending -- -- --
07/30/2022 07/30/22 Price Changed $720,000 -0.7% $364 / Sq Ft
06/05/2022 06/05/22 Price Changed $725,000 -0.7% $367 / Sq Ft
03/27/2022 03/27/22 Price Changed $730,000 -2.5% $369 / Sq Ft
01/20/2022 01/20/22 For Sale $749,000 +89.6% $379 / Sq Ft
09/10/2014 09/10/14 Sold $395,000 -8.1% $209 / Sq Ft View Prior Sale
04/16/2014 04/16/14 Pending -- -- --
03/06/2013 03/06/13 For Sale $430,000 -- $228 / 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 $6,289 $33,189 $6,344 $26,845
2024 $6,289 $31,310 $7,016 $24,294
2023 $5,999 $29,539 $6,474 $23,065
2022 $5,276 $38,820 $9,600 $29,220
2021 $5,562 $38,700 $9,600 $29,100
2020 $3,904 $33,480 $9,600 $23,880
2019 $3,511 $33,060 $9,600 $23,460
2018 $4,720 $24,616 $7,502 $17,114
2017 $4,434 $23,223 $8,445 $14,778
2016 $4,333 $23,223 $8,702 $14,521
2015 $2,642 $23,048 $9,261 $13,787
2014 $2,642 $21,744 $9,085 $12,659
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY6158035

OneKey® MLS

APN: 04051-0052