NOT LISTED FOR SALE

Estimated Value: $764,320 - $839,000

3 Beds
2 Baths
1,741 Sq Ft
$455/Sq Ft Est. Value

Last Sold February 10, 2022

Last sale price $730,000 $419 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,799/month

18 Days on Market

Highlights

  • Water Access
  • 4-minute walk to Morris Park
  • Porch
  • Active Adult
  • Property is near public transit
  • 1 Car Attached Garage

About This Home

As of February 2022

Welcome to 1963 Paulding ave, this beautiful home is nested in the desirable neighborhood of Morris Park. Step right into this beautiful legal 2 family all brick semi attached home including a driveway, garage and amazing backyard with lots of gardening space to love. This two unit home includes a one bedroom walk-in rental suite and a two bedroom owner units with front balcony. Property features, solid wood floors, spacious rooms, eat in kitchen with dining area, a recreational rear yard. This property will be delivered vacant. For the investor the potential area market rent is $1,800 for the one bedroom unit and $2,400 for the two bedroom unit. Enjoy living in an amazing quiet neighborhood within walking distance to the 5 Train Morris Park station, shopping & schools and a lot more to enjoy. Do not miss out on this opportunity ,this will not last long!

Last Agent to Sell the Property

Edwin Moran

Real Broker NY LLC License #10401290136 Listed on: 11/29/2021

Real Broker NY LLC

Co-Listed By

Marcela Garcia

YourHomeSold Guaranteed Realty License #10401323147

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,912

Year Built

  • Built in 1955

Lot Details

  • 2,500 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,741 Sq Ft Home
  • 2-Story Property
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Water Access
  • Porch

Location

  • Property is near public transit

Utilities

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

Listing and Financial Details

  • Tenant pays for gas
  • Assessor Parcel Number 04268-0010

Community Details

Overview

  • Active Adult
  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,912

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: 2 Story
  • Property SubType: Multi Family
  • Year Built: 1955
  • Attribution Contact: 718-324-6060
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Walk-Out Access
  • Total Bedrooms: 3
  • Living Area: 1741.00
  • Square Footage: 1741.00

Exterior Features

  • Construction Materials: Brick
  • Waterfront Features: Water Access
  • Patio and Porch Features: Porch

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Description: Attached, 1 Car Attached, Driveway, Garage

Utilities

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

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: Yes

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: 0.0600
  • Lot Size Area: 0.0600
  • Lot Size Sq Ft: 2500.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04268-0010
  • Property Attached: Yes

Rental Info

  • Tenant Pays: Gas

Tax Info

  • Close Date: 2022-02-10
  • Included in Taxes: Sewer, Trash, Water
  • Tax Annual Amount: 6912.00
  • Tax Map Number: 04268-0010

Multi Family

  • Units Total: 2
  • 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

Listed on
Nov 29, 2021
Closed on
Feb 10, 2022
Sold by
1963 Paulding Ave Realty Llc
Bought by
Begum Tazkia and Islam Ahmed S
Seller's Agent
Edwin Moran
Real Broker NY LLC
List Price
$700,000
Sold Price
$730,000
Premium/Discount to List
$30,000
4.29%
Current Estimated Value
$791,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,330
Avg. Annual Appreciation
2.23%
Original Mortgage
$584,000
Outstanding Balance
$542,288
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$249,042

Purchase Details

Closed on
May 10, 2012
Sold by
Conte Marisa and Mandarino Mario
Bought by
1963 Paulding Ave Realty Llc

Purchase Details

Closed on
Jan 12, 2010
Sold by
Conte Marisa and Mandarino Mario
Bought by
Conte Marisa and Mandarino Mario
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
Begum Tazkia $730,000 --
1963 Paulding Ave Realty Llc -- --
Conte Marisa -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Begum Tazkia $584,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2022 02/10/22 Sold $730,000 +4.3% $419 / Sq Ft
12/17/2021 12/17/21 Pending -- -- --
11/29/2021 11/29/21 For Sale $700,000 -- $402 / 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 $7,045 $37,180 $8,195 $28,985
2024 $7,045 $35,075 $8,045 $27,030
2023 $6,720 $33,091 $7,732 $25,359
2022 $6,606 $40,860 $10,500 $30,360
2021 $6,912 $40,200 $10,500 $29,700
2020 $6,558 $35,340 $10,500 $24,840
2019 $6,114 $36,420 $10,500 $25,920
2018 $5,621 $27,576 $8,466 $19,110
2017 $5,609 $27,576 $9,140 $18,436
2016 $2,115 $27,368 $10,125 $17,243
2015 $1,213 $25,819 $11,332 $14,487
2014 $1,213 $24,358 $10,863 $13,495
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6156146

OneKey® MLS

APN: 04268-0010