NOT LISTED FOR SALE

1976 Matthews Ave Bronx, NY 10462

Morris Park Neighborhood

Estimated Value: $845,326 - $993,000

5 Beds
2.5 Baths
2,268 Sq Ft
$410/Sq Ft Est. Value

Last Sold August 27, 2020

Last sale price $780,000 $344 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,519/month

About This Home

As of August 2020

Great opportunity to own a large legal two family house in Morris Park. Brick semi-detached three bed room duplex with 1.5 baths over a 2 bed room one bath apartment. Large driveway with a beautiful back yard to entertain friends and family. The property is completely vacant and move in ready, close to all major transportation for a quick commute to the city. Make this your home today!

Last Agent to Sell the Property

Jose Flores

EXIT Realty Private Client License #10301219876 Listed on: 03/02/2020

EXIT Realty Private Client

Last Buyer's Agent

Britzeida Pichardo

Velez Realty Corp License #40PI1154727

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,420

Year Built

  • Built in 1970

Lot Details

  • 2,500 Sq Ft Lot

Home Design

  • Duplex
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • 1 Parking Space
  • 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
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 04263-0037

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,420

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Year Built: 1970
  • ResoBuildingAreaSource: Other
  • CurrentPrice: 780000.00
  • ListPrice_By_OriginalListPrice: 1.00000
  • ListPrice_By_LotSizeAcres: 14806620.2091
  • CurrentPrice_By_BuildingAreaTotal: 343.91534
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Water Heater
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: None
  • Total Bedrooms: 5
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 1
  • Parking Description: Driveway

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Contact Agent

Lot Info

  • Lot Size Acres: 0.0574
  • Lot Size Sq Ft: 2500
  • Parcel Number: 04263-0037
  • Property Attached: No

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

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

Tax Info

  • Tax Annual Amount: 6420
  • Tax Year: 2019

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2020
Closed on
Aug 27, 2020
Sold by
Ahmed Nasreen and Mahmood Arif
Bought by
Lam Linda and Ni Dan Qing
Seller's Agent
Jose Flores
EXIT Realty Private Client
Buyer's Agent
Britzeida Pichardo
Velez Realty Corp
List Price
$849,900
Sold Price
$780,000
Premium/Discount to List
-$69,900
-8.22%
Current Estimated Value
$930,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,082
Avg. Annual Appreciation
3.42%
Original Mortgage
$426,000
Outstanding Balance
$378,741
Interest Rate
3%
Mortgage Type
Unknown
Estimated Equity
$551,341
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lam Linda $780,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lam Linda $426,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2024 12/11/24 Off Market $780,000 -- --
08/27/2020 08/27/20 Sold $780,000 0.0% $344 / Sq Ft
07/28/2020 07/28/20 Off Market $780,000 -- --
05/02/2020 05/02/20 Off Market $780,000 -- --
03/02/2020 03/02/20 For Sale $849,900 -- $375 / Sq Ft
03/02/2020 03/02/20 Pending -- -- --
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 $7,397 $39,035 $7,888 $31,147
2024 $7,397 $36,826 $7,225 $29,601
2023 $7,083 $34,878 $6,889 $27,989
2022 $6,569 $48,300 $10,500 $37,800
2021 $6,925 $41,100 $10,500 $30,600
2020 $6,885 $39,780 $10,500 $29,280
2019 $6,420 $35,460 $10,500 $24,960
2018 $5,925 $29,065 $8,086 $20,979
2017 $5,590 $27,420 $10,500 $16,920
2016 $5,744 $28,732 $9,346 $19,386
2015 $3,465 $27,108 $11,025 $16,083
2014 $3,465 $25,574 $10,023 $15,551
Source: Public Records

Agents Affiliated with this Home

  • Jose Flores

    Seller's Agent in 2020

    Jose Flores

    EXIT Realty Private Client

    (917) 353-8808

    5 in this area

    25 Total Sales

    Jose Flores
    Section Image

  • B

    Buyer's Agent in 2020

    Britzeida Pichardo

    Velez Realty Corp

    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: H6020802

OneKey® MLS

APN: 04263-0037

New York Bronx County Bronx 10462 Morris Park

1976 Matthews Ave, Bronx, NY

Not Listed for Sale

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