NOT LISTED FOR SALE

1937 Loring Place S Bronx, NY 10453

University Heights Neighborhood

Estimated Value: $752,089 - $1,112,000

Studio
-- Bath
2,440 Sq Ft
$381/Sq Ft Est. Value

Sale Details

Date Sold: April 28, 2014

Last sale price $494,000 $202 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $5,310 / mo

45 Days on Market

Highlights

  • Property is near public transit
  • Hot Water Heating System
  • 4-minute walk to Beanstalk Playground
  • Main Floor Bedroom

About This Home

As of April 2014

RENOVATED, detached, legal 2 family with NEW kitchens (granite counters, SS stove), baths, windows, floors, paint! Each apartment has 4 bedrooms. Additional finished basement (approx. 900 sq ft.) with bath & separate entrance, off street parking accessed by shared driveway, walk to shopping & public transportation. House is in the University Heights section - convenient to Grand Concourse,#4 train and I87. SELLER TO PAY CLOSING COSTS UP TO 6%!

Last Agent to Sell the Property

Barrie Sacks

Silversons Realty, LLC Brokerage Phone: 914-725-9344 License #10401231610 Listed on: 01/24/2014

Last Buyer's Agent

Nicanor Gonzalez

RE/MAX In The City License #10401240320

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,394

Year Built

  • Built in 1910 | Remodeled in 2013

Lot Details

  • 2,265 Sq Ft Lot
  • No Common Walls

Home Design

  • 2,440 Sq Ft Home
  • Brick Exterior Construction

Finished Basement

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

Utilities

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

Additional Features

  • Main Floor Bedroom
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity, gas, heat
  • Assessor Parcel Number 03228-0102

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,394

Year Built

Built in 1910 | Remodeled in 2013

Lot Details

2,265 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Architectural Style: See Remarks
  • Property SubType: Multi Family
  • Year Built: 1910
  • Year Built Effective: 2013
  • Attribution Contact: 914-725-9344
  • Village: Bronx
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2013

Interior Features

  • Interior Amenities: First Floor Bedroom
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Basement: Finished, Full, Walk-Out Access
  • Living Area: 2440
  • SquareFootage: 2440.00

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Other

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdditionalFeesYN: 0

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 0.0519
  • Lot Size Sq Ft: 2265
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 03228-0102
  • Zoning Description: 2 Fam
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Heat

Multi Family

  • Fuel Expense: 90
  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf4Bedrooms: 2

Tax Info

  • Tax Annual Amount: 2394
  • Tax Map Number: 03228-0102

MLS Schools

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

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
Jan 24, 2014
Closed on
Apr 28, 2014
Sold by
Bought by
Seller's Agent
Barrie Sacks
Silversons Realty, LLC
Buyer's Agent
Nicanor Gonzalez
RE/MAX In The City
List Price
$525,000
Sold Price
$494,000
Premium/Discount to List
-$31,000
-5.9%
Current Estimated Value
$929,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$435,772
Avg. Annual Appreciation
5.32%
Original Mortgage
$485,052
Outstanding Balance
$360,957
Interest Rate
4.33%
Estimated Equity
$568,815

Purchase Details

Closed on
Sep 27, 2013
Sold by
Bought by

Purchase Details

Closed on
Jun 29, 2012
Sold by
Bought by

Purchase Details

Closed on
Dec 16, 2009
Sold by
Bought by

Purchase Details

Closed on
May 17, 2009
Sold by
Bought by

Purchase Details

Closed on
Nov 11, 2006
Sold by
Bought by

Purchase Details

Closed on
May 18, 2005
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
$316,000
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 2000
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
$141,000
Interest Rate
7.13%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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
$494,000 --
$230,000 --
$230,000 --
$125,000 --
$125,000 --
-- --
-- --
-- --
-- --
-- --
-- --
$395,000 --
$395,000 --
$185,000 Old Republic Natl Title Ins
-- Old Republic Natl Title Ins
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
Open $485,052
Previous Owner $316,000
Previous Owner $141,000
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
04/28/2014 04/28/14 Sold $494,000 -5.9% $202 / Sq Ft
03/11/2014 03/11/14 Pending -- -- --
01/24/2014 01/24/14 For Sale $525,000 -- $215 / Sq Ft
Source: OneKey® MLS

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 $3,814 $19,000 $3,014 $15,986
2025 $3,778 $18,988 $3,060 $15,928
2024 $3,778 $18,810 $3,260 $15,550
2023 $3,609 $17,770 $2,673 $15,097
2022 $3,347 $40,860 $7,320 $33,540
2021 $3,332 $40,200 $7,320 $32,880
2020 $3,349 $35,580 $7,320 $28,260
2019 $3,279 $28,680 $7,320 $21,360
2016 $2,638 $13,194 $3,272 $9,922
2015 $1,590 $13,186 $4,483 $8,703
2014 $1,590 $13,063 $4,921 $8,142
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2014

    Barrie Sacks

    Silversons Realty, LLC

    Section Image

  • N

    Buyer's Agent in 2014

    Nicanor Gonzalez

    RE/MAX

See All Agents

Map

Source: OneKey® MLS

MLS Number: KEYH3402117

OneKey® MLS

APN: 03228-0102

New York Bronx County Bronx 10453 University Heights

1937 Loring Place S, Bronx, NY

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