NOT LISTED FOR SALE

Estimated Value: $766,000 - $856,000

3 Beds
2 Baths
1,882 Sq Ft
$428/Sq Ft Est. Value

Last Sold July 28, 2020

Last sale price $645,000 $343 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,908/month

23 Days on Market

Highlights

  • Deck
  • 4-minute walk to Morris Park
  • Walk-In Closet
  • Property is near public transit
  • Wood Flooring
  • Park

About This Home

As of July 2020

Welcome to 1951 Paulding Ave!!! located in the Morris Park section of the Bronx. This semi attached 2 family home ideal turnkey investment opportunity features a total of 3 bedrooms 2 bathrooms, and also very large backyard. This 1,882 sq ft home can be used a starter or as an investment home, with great convenience to all shops, parks, mass transportation, major highways, and is just minutes from NYC. Let's make this your home!!! Property being SOLD "AS IS".

Last Agent to Sell the Property

Miguel Cabrera

Douglas Elliman Real Estate License #10301211966 Listed on: 01/27/2020

Douglas Elliman Real Estate

Last Buyer's Agent

Yu Wu

Momentum Real Estate, LLC License #10301220202

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,522

Year Built

  • Built in 1955

Lot Details

  • 2,500 Sq Ft Lot
  • Stone Wall

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Entrance Foyer
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • Garage
  • Driveway

Schools

  • Contact Agent Elementary And Middle School
  • Contact Agent High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Radiant Heating System

Additional Features

  • Deck
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 04268-0015

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

$6,522

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Property Condition: Actual
  • Levels: Two
  • Year Built: 1955
  • ResoBuildingAreaSource: Other
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Water Heater
  • Interior Amenities: Entrance Foyer, Walk-In Closet(s)
  • Flooring: Hardwood
  • Full Bathrooms: 2
  • Basement: None
  • Total Bedrooms: 3
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick
  • Fencing: Fenced
  • Patio and Porch Features: Deck
  • Waterfront: No

Garage/Parking

  • Parking Description: Driveway, Garage

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Natural Gas, Radiant
  • Sewer: Public Sewer
  • Utilities: Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Park
  • Senior Community: No
  • Association: No

Association/Amenities

  • Community Features: Park

Schools

  • Middle School: Contact Agent

Lot Info

  • Lot Size Acres: 0.0574
  • Lot Size Area: 0.0574
  • Lot Size Sq Ft: 2500
  • Building Area Total: 1882
  • Lot Features: Near Public Transit, Near School, Near Shops, Stone/Brick Wall
  • Parcel Number: 04268-0015
  • Property Attached: Yes

Multi Family

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

Tax Info

  • Tax Annual Amount: 6522
  • Tax Year: 2018

MLS Schools

  • Elementary School: Contact Agent
  • High School: Contact Agent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2020
Closed on
Jul 28, 2020
Sold by
Blancato Gary and Danaher Donna
Bought by
Ngo Duc M
Seller's Agent
Miguel Cabrera
Douglas Elliman Real Estate
Buyer's Agent
Yu Wu
Momentum Real Estate, LLC
List Price
$695,000
Sold Price
$645,000
Premium/Discount to List
-$50,000
-7.19%
Current Estimated Value
$805,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,836
Avg. Annual Appreciation
4.38%
Original Mortgage
$441,000
Outstanding Balance
$391,920
Interest Rate
3.1%
Mortgage Type
Unknown
Estimated Equity
$413,916

Purchase Details

Closed on
Nov 21, 2019
Sold by
Blancato Executrix Joyce
Bought by
Blancato Gary and Danaher Donna
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
Ngo Duc M $645,000 --
Blancato Gary -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ngo Duc M $441,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2024 12/11/24 Off Market $645,000 -- --
07/28/2020 07/28/20 Sold $645,000 -7.2% $343 / Sq Ft
02/19/2020 02/19/20 Pending -- -- --
01/27/2020 01/27/20 For Sale $695,000 -- $369 / 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 $7,427 $39,197 $7,820 $31,377
2024 $7,427 $36,979 $8,463 $28,516
2023 $7,493 $36,893 $8,182 $28,711
2022 $6,954 $40,860 $9,900 $30,960
2021 $7,076 $39,480 $9,900 $29,580
2020 $6,914 $38,580 $9,900 $28,680
2019 $6,364 $31,080 $9,900 $21,180
2018 $6,267 $30,744 $8,371 $22,373
2017 $5,918 $29,030 $8,374 $20,656
2016 $5,601 $28,020 $9,900 $18,120
2015 $3,303 $27,220 $10,852 $16,368
2014 $3,303 $25,680 $10,980 $14,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: H6008003

OneKey® MLS

APN: 04268-0015