NOT LISTED FOR SALE

1942 Hone Ave Bronx, NY 10461

Morris Park Neighborhood

Estimated Value: $890,053 - $983,000

6 Beds
3 Baths
2,240 Sq Ft
$423/Sq Ft Est. Value

Last Sold June 04, 2024

Last sale price $980,100 $438 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $5,760/month

21 Days on Market

Highlights

  • Property is near public transit
  • 5-minute walk to Morris Park
  • Formal Dining Room
  • Wood Flooring
  • Main Floor Bedroom
  • 2 Car Detached Garage

About This Home

As of June 2024

Welcome to 1942 Hone Ave! A move-in ready gem nestled in the highly sought-out Morris Park community. This spacious and sun filled two-family plus finished walkout basement has a 1st floor unit that is a two-bedroom, one bath with large den or office (potential for third bedroom needs closet) located at the front of the house. The grand living room and dining room are open and inviting for large gatherings nicely defining the space. Tied together with the finished basement, 1120 square feet, that has three rooms (possible Fourth bedroom) entertaining wet bar, family room and bathroom with rear entry. The 2nd floor unit consists of a three-bedroom, one bath complete with same sizeable layout as the 1st floor unit. Fenced-in manicured backyard with garden and patio. Highlights include lots of natural light, a convenient laundry chute from the 1st floor bathroom directly to basement laundry area, two-car detached garage located in the backyard.

Last Agent to Sell the Property

Maria Porco-Rosa

Prime Realty Group, Inc. Brokerage Phone: (718) 597-2300 License #31PO0881590 Listed on: 03/05/2024

Last Buyer's Agent

Arafat Ibrahim

AI Realty Brokerage LLC License #10491210443

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,052

Year Built

  • Built in 1920

Lot Details

  • No Common Walls
  • Fenced

Parking

  • 2 Car Detached Garage
  • Common or Shared Parking
  • Driveway

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,240 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Finished Basement

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

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Patio
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Assessor Parcel Number 2-4270-56

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,052

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Year Built: 1920
  • Attribution Contact: (718) 597-2300
  • Village: Bronx
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: First Floor Bedroom, Eat-in Kitchen, Formal Dining
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 6
  • Living Area: 2240
  • SquareFootage: 2240.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame, Vinyl Siding
  • Fencing: Fenced
  • Patio and Porch Features: Patio

Garage/Parking

  • Total Parking Spaces: 2
  • Attached Garage: No
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Detached, 2 Car Detached, Common, Driveway

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Features: Near Public Transit
  • Parcel Number: 2-4270-56
  • Property Attached: No

Rental Info

  • Tenant Pays: Cooking Gas, Electricity

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf2Bedrooms: 1
  • NumberOf3Bedrooms: 1

Tax Info

  • Tax Annual Amount: 8052
  • Tax Map Number: 2-4270-56

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
Mar 5, 2024
Closed on
Jun 4, 2024
Sold by
Lorusso Guidice and Lorusso Patricia
Bought by
Andrango Melanie and Andrango Segundo
Seller's Agent
Maria Porco-Rosa
Prime Realty Group, Inc.
Buyer's Agent
Arafat Ibrahim
AI Realty Brokerage LLC
List Price
$969,900
Sold Price
$980,100
Premium/Discount to List
$10,200
1.05%
Views
49
Current Estimated Value
$948,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,587
Avg. Annual Appreciation
-2.43%
Original Mortgage
$882,090
Outstanding Balance
$871,153
Interest Rate
7.17%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$77,360

Purchase Details

Closed on
Apr 16, 2003
Sold by
Lo Russo Morningside House Ann and Lo Russo Patricia
Bought by
Lo Russo Patricia
Source: Public Records

Range of Values:

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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
Andrango Melanie $980,100 --
Lo Russo Patricia -- --
Lo Russo Patricia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andrango Melanie $882,090
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2024 06/04/24 Sold $980,100 +1.1% $438 / Sq Ft
03/27/2024 03/27/24 Pending -- -- --
03/05/2024 03/05/24 For Sale $969,900 -- $433 / 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 $8,535 $43,114 $8,913 $34,201
2024 $8,535 $42,492 $9,532 $32,960
2023 $8,142 $40,090 $7,866 $32,224
2022 $7,550 $49,980 $9,960 $40,020
2021 $7,960 $45,060 $9,960 $35,100
2020 $7,605 $43,860 $9,960 $33,900
2019 $7,407 $41,820 $9,960 $31,860
2018 $6,810 $33,408 $7,424 $25,984
2017 $6,425 $31,518 $8,425 $23,093
2016 $6,301 $31,518 $9,530 $21,988
2015 $3,366 $29,940 $11,040 $18,900
2014 $3,366 $29,509 $10,881 $18,628
Source: Public Records

Agents Affiliated with this Home

  • Maria Porco-Rosa

    Seller's Agent in 2024

    Maria Porco-Rosa

    Prime Realty Group, Inc.

    (347) 739-4122

    5 in this area

    106 Total Sales

    Maria Porco-Rosa
    Section Image
  • Arafat Ibrahim

    Buyer's Agent in 2024

    Arafat Ibrahim

    AI Realty Brokerage LLC

    (914) 346-7674

    1 in this area

    80 Total Sales

    Arafat Ibrahim
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY6292916

OneKey® MLS

APN: 04270-0056

New York Bronx County Bronx 10461 Morris Park

1942 Hone Ave, Bronx, NY

This home is located at 1942 Hone Ave, Bronx, NY 10461 since 05 March 2024 and is currently estimated at $948,513, approximately $423 per square foot. This property was built in 1920. 1942 Hone Ave is a home located in Bronx County with nearby schools including P.S. 083 The Donald Hertz School, Emblaze Academy Charter School, and St. Clare of Assisi School.

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