NOT LISTED FOR SALE

Estimated Value: $826,901 - $1,236,000

Studio
-- Bath
3,000 Sq Ft
$336/Sq Ft Est. Value

Sale Details

Date Sold: November 25, 2014

Last sale price $660,000 $220 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $6,264 / mo

81 Days on Market

About This Home

As of November 2014

Outstanding fully-detached 2-family brick in prime Van Nest! Three-over-3 with 1.5 baths each, a partially finished basement with half-bath and washer/dryer, and a 2-car garage, this property is built large: 28x43 on a huge double-sized 55x85 lot, complete with full-length driveway and expansive side yard. Extremely well-maintained, the building has excellent upside and additional unused FAR. Current tenants are month-to-month downstairs and 1 year left upstairs: low taxes and expenses make this a 7.5% cap with minor adjustments, and much higher still with a little renovation. For the end user, live practically rent free. Unique chance at a rare opportunity!

Last Agent to Sell the Property

Lucien Lidji

Sothebys International Realty License #30LI0971513 Listed on: 08/04/2014

Sothebys International Realty

Property Details

Home Type

  • Multi-Family

Home Design

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property

Community Details

  • 2 Units
  • Vannest Subdivision

Listing and Financial Details

  • Tax Block 4050

Property Details

Home Type

Multi-Family

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: Morris Park Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: VANNEST
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Living Area: 3000.0
  • Living Area Units: Square Feet

Building Info

  • Units: 2
  • Total Stories: 2

Tax Info

  • Tax Block: 4050

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2014
Closed on
Nov 25, 2014
Sold by
Bought by
Seller's Agent
Lucien Lidji
Sothebys International Realty
List Price
$699,000
Sold Price
$660,000
Premium/Discount to List
-$39,000
-5.58%
Current Estimated Value
$1,009,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$349,475
Avg. Annual Appreciation
3.71%

Purchase Details

Closed on
Mar 21, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,202
Interest Rate
0.0499%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 26, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$539,275
Interest Rate
0.0525%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 31, 2006
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$660,000 --
$9,000 --
$555,000 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $9,202
Previous Owner $539,275
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/25/2014 11/25/14 Sold $660,000 -5.6% $220 / Sq Ft
10/26/2014 10/26/14 Pending -- -- --
08/05/2014 08/05/14 For Sale $699,000 -- $233 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $9,168 $45,648 $11,934 $33,714
2025 $9,100 $45,648 $12,080 $33,568
2024 $9,100 $45,305 $12,122 $33,183
2023 $8,680 $42,741 $9,973 $32,768
2022 $7,639 $46,860 $13,020 $33,840
2021 $8,006 $38,040 $13,020 $25,020
2020 $8,230 $38,880 $13,020 $25,860
2019 $8,328 $40,080 $13,020 $27,060
2018 $7,676 $37,656 $10,449 $27,207
2017 $7,270 $35,665 $11,834 $23,831
2016 $7,130 $35,665 $12,423 $23,242
2015 $4,058 $35,167 $13,698 $21,469
2014 $4,058 $33,177 $14,151 $19,026
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10060320

Real Estate Board of New York (REBNY)

APN: 04050-0055

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