NOT LISTED FOR SALE

1961 Fowler Ave Bronx, NY 10462

Morris Park Neighborhood

Estimated Value: $769,393 - $994,000

-- Bed
-- Bath
1,620 Sq Ft
$545/Sq Ft Est. Value

Last Sold January 21, 2013

Last sale price $425,000 $262 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $5,142/month

44 Days on Market

Highlights

  • Chalet
  • Skylights
  • Park
  • Property is near public transit
  • Eat-In Kitchen
  • Storage

About This Home

As of January 2013

Beautifully renovated 2 family home in a very desirable residential area. Fall in love with gleaming hard wood floors through out. Bright sun filled living room, Private back yard area, Perfect for family functions, fully finished basement with separate entrance, Laundry area, new roof and skylight. Move right in to a (Pelham/Morris Park) high class renovated home. Live like a millionaire for a fraction of the price.

Last Agent to Sell the Property

Bruce McIntyre

Pantiga Group Inc. Brokerage Phone: 347-657-1114 License #40MC1127951 Listed on: 09/07/2012

Co-Listed By

David Rodriguez

eXp Realty Brokerage Phone: 347-657-1114 License #10401226452

Last Buyer's Agent

Bruce McIntyre

Pantiga Group Inc. Brokerage Phone: 347-657-1114 License #40MC1127951 Listed on: 09/07/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,865

Year Built

  • Built in 1920

Lot Details

  • 1,263 Sq Ft Lot
  • No Common Walls
  • Back Yard Fenced

Home Design

  • Chalet
  • Aluminum Siding
  • Stucco

Interior Spaces

  • 1,620 Sq Ft Home
  • Skylights
  • Storage
  • Walk-Out Basement
  • Eat-In Kitchen

Parking

  • No Garage
  • On-Street Parking

Location

  • Property is near public transit

Utilities

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

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 04264-0032

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,865

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Chalet
  • Property SubType: Multi Family
  • Year Built: 1920
  • Attribution Contact: 347-657-1114
  • Co List Office Mls Id: ONEPANTGR
  • Co List Office Phone: 347-657-1114
  • Village: Bronx
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen, Storage
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Basement: Walk-Out Access
  • Living Area: 1620
  • Window Features: Skylight(s)
  • SquareFootage: 1620.00

Exterior Features

  • Construction Materials: Aluminum Siding, Stucco
  • Fencing: Back Yard

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: No Garage, On Street

Utilities

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

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdditionalFeesYN: 0

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.03
  • Lot Dimensions: 0.0290
  • Lot Size Sq Ft: 1263
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04264-0032
  • Zoning Description: R4-1
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3
  • NumberOf2Bedrooms: 2

Tax Info

  • Tax Annual Amount: 2865
  • Tax Map Number: 04264-0032

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
Sep 7, 2012
Closed on
Jan 16, 2013
Sold by
Park Four Llc
Bought by
Bondi Anastasia
Seller's Agent
Bruce McIntyre
Pantiga Group Inc.
Buyer's Agent
Bruce McIntyre
Pantiga Group Inc.
List Price
$448,987
Sold Price
$425,000
Premium/Discount to List
-$23,987
-5.34%
Current Estimated Value
$882,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$457,348
Avg. Annual Appreciation
5.85%
Original Mortgage
$389,193
Outstanding Balance
$270,155
Interest Rate
3.41%
Mortgage Type
New Conventional
Estimated Equity
$612,193

Purchase Details

Closed on
Aug 3, 2012
Sold by
Padilla Benjamin
Bought by
Park Four Llc

Purchase Details

Closed on
Nov 2, 2006
Sold by
Alvarado Georgina and Castro Catalina
Bought by
Padilla Benjamin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,200
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 2005
Sold by
Alvarado Georgina and Diaz Maricel
Bought by
Alvarado Georgina and Castro Catalina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,000
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 14, 1995
Sold by
Dalessandro Sofia
Bought by
Diaz Maricel and Alvarado Georgina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
7.86%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bondi Anastasia $425,000 --
Bondi Anastasia $425,000 --
Park Four Llc $215,000 --
Park Four Llc $215,000 --
Padilla Benjamin $424,000 --
Padilla Benjamin $424,000 --
Alvarado Georgina -- --
Alvarado Georgina -- --
Diaz Maricel $140,000 Commonwealth Land Title Ins
Diaz Maricel $140,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bondi Anastasia $389,193
Closed Bondi Anastasia $389,193
Previous Owner Padilla Benjamin $339,200
Previous Owner Alvarado Georgina $191,000
Previous Owner Diaz Maricel $133,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/21/2013 01/21/13 Sold $425,000 -5.3% $262 / Sq Ft
10/22/2012 10/22/12 Pending -- -- --
09/07/2012 09/07/12 For Sale $448,987 -- $277 / 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 $5,886 $31,064 $6,266 $24,798
2024 $5,886 $29,306 $6,174 $23,132
2023 $5,615 $27,648 $6,059 $21,589
2022 $5,519 $40,920 $8,520 $32,400
2021 $5,775 $36,000 $8,520 $27,480
2020 $5,480 $39,000 $8,520 $30,480
2019 $5,109 $32,160 $8,520 $23,640
2018 $4,697 $23,040 $5,948 $17,092
2017 $4,697 $23,040 $6,428 $16,612
2016 $4,571 $22,867 $6,909 $15,958
2015 $2,423 $21,573 $7,872 $13,701
2014 $2,423 $20,352 $8,462 $11,890
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2013

    Bruce McIntyre

    Pantiga Group Inc.

    Section Image

  • D

    Seller Co-Listing Agent in 2013

    David Rodriguez

    eXp Realty

    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEYH3227160

OneKey® MLS

APN: 04264-0032

New York Bronx County Bronx 10462 Morris Park

1961 Fowler Ave, Bronx, NY

Not Listed for Sale

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