NOT LISTED FOR SALE

Estimated Value: $810,000 - $890,168

5 Beds
2 Baths
2,200 Sq Ft
$382/Sq Ft Est. Value

Last Sold October 07, 2021

Last sale price $750,000 $341 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,214/month

29 Days on Market

Highlights

  • 0.05 Acre Lot
  • 3-minute walk to Bronx Park East
  • Formal Dining Room
  • Colonial Architecture
  • Property is near public transit
  • 4-minute walk to Bronx Park East

About This Home

As of October 2021

Welcome to this wonderful, brick, detached 2 family home in the Morris Park/Van Nest section of the Bronx. Perfect for a first time homebuyer with an income unit or an investor. This home features a huge master bedroom with lots of sunlight and 2 additional spacious bedrooms with beautiful french doors, all bedrooms include wall to wall closets. Includes a formal dining room, hardwood floors throughout, lots of storage. The 2nd unit has 2 generous size bedrooms, a dining room and large living room. Finally, a huge finished basement with bonus room, laundry and access to a stunning backyard. The paved yard is very zen and relaxing, perfect for when you come home from a long day, also excellent for entertaining, BBQ's and evening gatherings as yard has electrical outlets throughout. Conveniently located to restaurants, local shopping, public transportation (#2/5 trains), BMX10 Express Bus into Manhattan and centrally located to all major highways.

Last Agent to Sell the Property

Nancy Rondon

RE/MAX Distinguished Hms.&Prop License #40CA1174186 Listed on: 04/19/2021

RE/MAX Distinguished Hms.&Prop

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,950

Year Built

  • Built in 1955

Lot Details

  • 2,374 Sq Ft Lot
  • No Common Walls
  • Fenced

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,200 Sq Ft Home
  • Formal Dining Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Finished Basement

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

Location

  • Property is near public transit

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 04255-0028

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,950

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1955
  • Attribution Contact: 914-346-8255
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Formal Dining Room
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 5
  • Living Area: 2200.00
  • Square Footage: 2200.00

Exterior Features

  • Construction Materials: Brick
  • Fencing: Fenced

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water
  • Hot Water: Gas Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Call Listing Agent
  • Middle School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.0500
  • Lot Size Area: 0.0500
  • Lot Size Sq Ft: 2374.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04255-0028
  • Property Attached: No

Rental Info

  • Tenant Pays: Electricity

Tax Info

  • Close Date: 2021-10-07
  • Tax Annual Amount: 5950.00
  • Tax Map Number: 04255-0028

Multi Family

  • Units Total: 3
  • Two Bedrooms: 1
  • Three 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

Closed on
Aug 30, 2024
Sold by
Ahmed Burhan and Ahmed Rayhan
Bought by
Ahmed Burhan and Ahmed Rayhan
Current Estimated Value
$854,951

Purchase Details

Listed on
Apr 19, 2021
Closed on
Oct 7, 2021
Sold by
Dominguez Gisela F
Bought by
Burnhan Ahmed and Rayhan Ahmed Md
Seller's Agent
Nancy Rondon
RE/MAX Distinguished Hms.&Prop
List Price
$799,000
Sold Price
$750,000
Premium/Discount to List
-$49,000
-6.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.16%
Original Mortgage
$592,000
Outstanding Balance
$543,351
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$333,945

Purchase Details

Closed on
Jun 9, 2006
Sold by
Dominguez Gisela F and Dominguez Ivonne
Bought by
Dominguez Gisela F

Purchase Details

Closed on
Oct 15, 1999
Sold by
Darminio Josephine
Bought by
Dominguez Gisela F and Dominguez Yvonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,056
Interest Rate
7.61%
Mortgage Type
FHA
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
Ahmed Burhan -- --
Burnhan Ahmed $750,000 --
Ahmed Burnhan $750,000 --
Dominguez Gisela F -- --
Dominguez Gisela F -- --
Dominguez Gisela F $225,000 The Judicial Title Ins Agenc
Dominguez Gisela F $225,000 The Judicial Title Ins Agenc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahmed Burnhan $592,000
Closed Burnhan Ahmed $592,000
Previous Owner Dominguez Gisela F $370,000
Previous Owner Dominguez Gisela F $459,000
Previous Owner Dominguez Gisela F $324,772
Previous Owner Dominguez Gisela F $254,000
Previous Owner Dominguez Gisela F $207,056
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2021 10/07/21 Sold $750,000 -6.1% $341 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
04/19/2021 04/19/21 For Sale $799,000 -- $363 / 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 $6,392 $33,734 $7,070 $26,664
2024 $6,392 $31,825 $7,032 $24,793
2023 $6,098 $30,024 $7,072 $22,952
2022 $5,994 $39,780 $10,500 $29,280
2021 $5,968 $41,100 $10,500 $30,600
2020 $5,654 $39,720 $10,500 $29,220
2019 $5,255 $34,980 $10,500 $24,480
2018 $4,803 $25,020 $10,500 $14,520
2017 $5,618 $29,030 $10,432 $18,598
2016 $5,256 $27,840 $10,500 $17,340
2015 $3,083 $27,360 $11,640 $15,720
2014 $3,083 $27,180 $11,077 $16,103
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6108237

OneKey® MLS

APN: 04255-0028