$905,000
SOLD AUG 5, 2025
7 Beds
3 Baths
2,852 Sq Ft
2,500 Sq Ft Lot

Recently Sold

$317 Per Sq Ft

2% Below List Price

13 Days on Market

Highlights

  • 0.06 Acre Lot
  • Wood Flooring
  • High Ceiling
  • A-Frame Home
  • Main Floor Bedroom
  • 3-minute walk to Matthews Mulliner Playground

About This Home

As of August 2025

Welcome to 1859 Matthews Ave, a spacious multi-family home offering versatile living space in a prime Bronx location, Morris Park area. Property Features: First Floor: 3 generously sized bedrooms, a full bathroom, and a large balcony overlooking the backyard – perfect for relaxing or entertaining. Second Floor: 4 spacious bedrooms, a full bathroom, and another large balcony with a peaceful backyard view. Basement: Semi-finished with a full kitchen, 2 rooms, a full bathroom, and a convenient laundry area – ideal for additional living space, a guest suite, or potential rental income. This property offers excellent potential for both homeowners and investors, combining ample space with a flexible layout to suit various needs.

Last Agent to Sell the Property

Ferhan Ismail

Keller Williams Realty Group Brokerage Phone: 914-713-3270 License #10401371317 Listed on: 05/08/2025

Keller Williams Realty Group

Last Buyer's Agent

Boris Lazarev

Keller Williams Realty Group License #10401342483

Keller Williams Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,882

Year Built

  • Built in 1901

Lot Details

  • 2,500 Sq Ft Lot

Home Design

  • Duplex
  • A-Frame Home
  • Aluminum Siding

Interior Spaces

  • High Ceiling
  • Storage
  • Electric Dryer Hookup
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 3 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Laundry in Basement

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 04054-0057

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,882

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: A-Frame
  • Property SubType: Duplex
  • Property Condition: Actual
  • Year Built: 1901
  • Attribution Contact: 914-713-3270
  • Carport Y N: No
  • CurrentPrice: 905000.00
  • MlsMajorChangeType: Sold
  • ListPrice_By_OriginalListPrice: 1.00000
  • ListPrice_By_LotSizeAcres: 16114982.5784
  • CurrentPrice_By_BuildingAreaTotal: 317.32118
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen, High Ceilings, Storage
  • Flooring: Hardwood
  • Full Bathrooms: 3
  • Basement: Finished, Walk-Out Access
  • Total Bedrooms: 7
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Aluminum Siding
  • Waterfront: No

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Electric
  • Heating: Natural Gas
  • Laundry Features: Electric Dryer Hookup, In Basement
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.0574
  • Lot Size Sq Ft: 2500
  • Parcel Number: 04054-0057
  • Property Attached: No
  • Additional Parcels: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 6881.52
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2025
Closed on
Aug 5, 2025
Sold by
Feng Daorong and Wei Jianwen
Bought by
Zaman Arifuz
Seller's Agent
Ferhan Ismail
Keller Williams Realty Group
Buyer's Agent
Boris Lazarev
Keller Williams Realty Group
List Price
$925,000
Sold Price
$905,000
Premium/Discount to List
-$20,000
-2.16%
Views
16
Current Estimated Value
$945,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,345
Avg. Annual Appreciation
16.26%
Original Mortgage
$724,000
Outstanding Balance
$722,090
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$240,564

Purchase Details

Listed on
Mar 31, 2017
Closed on
Jul 28, 2017
Sold by
Michelutti 2013 Irrevocable Income Only and Richard Michelutti As Trustee
Bought by
Feng Daorong and Wei Jianwen
Seller's Agent
Justin Stuckey
Today Realty Corp.
Buyer's Agent
Justin Stuckey
Today Realty Corp.
List Price
$539,000
Sold Price
$542,500
Premium/Discount to List
$3,500
0.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.58%
Original Mortgage
$392,500
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2014
Sold by
Michelutti Dino and Michelutti Emilia
Bought by
Michelutti Trustee Richard and The Michelutti 2013 Irrevocable Income O
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Deed $905,000 --
Deed $542,500 --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $724,000 Purchase Money Mortgage
Previous Owner $392,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/05/2025 08/05/25 Sold $905,000 -2.2% $317 / Sq Ft
05/21/2025 05/21/25 Pending -- -- --
05/08/2025 05/08/25 For Sale $925,000 +70.5% $324 / Sq Ft
07/28/2017 07/28/17 Sold $542,500 +0.6% $190 / Sq Ft View Prior Sale
03/31/2017 03/31/17 Pending -- -- --
03/31/2017 03/31/17 For Sale $539,000 -- $189 / 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 $6,882 $34,525 $5,962 $28,563
2024 $6,882 $34,262 $6,402 $27,860
2023 $6,565 $32,324 $6,157 $26,167
2022 $6,088 $45,120 $8,880 $36,240
2021 $6,055 $43,800 $8,880 $34,920
2020 $6,090 $38,460 $8,880 $29,580
2019 $5,973 $33,120 $8,880 $24,240
2018 $5,491 $26,937 $7,608 $19,329
2017 $4,534 $25,413 $8,646 $16,767
2016 $4,172 $23,976 $8,120 $15,856
2015 $2,453 $23,976 $8,936 $15,040
2014 $2,453 $23,794 $8,869 $14,925
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: 858725

OneKey® MLS

APN: 04054-0057