NOT LISTED FOR SALE

Estimated Value: $745,845 - $984,000

4 Beds
2.5 Baths
1,704 Sq Ft
$529/Sq Ft Est. Value

Last Sold September 02, 2021

Last sale price $850,000 $499 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,257/month

64 Days on Market

Highlights

  • ENERGY STAR Certified Homes
  • Property is near public transit
  • Granite Countertops
  • Deck
  • Wood Flooring
  • Formal Dining Room

About This Home

As of September 2021

This Multi-Family Detached Gem located in the most desirable area of the Morris Park section of the Bronx is going to be on the top of every buyers list! This beautiful brick home is move-in-ready and has many up-dates including original hardwood floors, beautiful granite counter tops, new hot water heater, air conditioning units along with all up-dated appliances. This home boasts a huge deck flowing from the kitchen into a large , private fenced in backyard. Parking is plentiful with a 1 attached garage with a large driveway. The interior space is incredible: Three-bedroom duplex features spacious bedrooms, great closet space, a finished pull down attic and 1.5 up-dated baths along with a dining room and eat in- kitchen. Basement area consists of a washer and dryer and shelving for everyday pantry items. Ground level apartment features a kitchen, full bathroom, nice size living room and bedroom. The opportunities are endless. Great neighborhood for children and pups to play. Super convenient location, just a few steps from the #5 train, BX 21, 31 & 8 Buses or the Bronx Manhattan Express Bus. Also close to the Bronx River/Hutchinson Parkway, Near all dining, shopping, schools, houses of worship, best pizza, bakeries and more.

Last Agent to Sell the Property

Dianna Simmons

Houlihan Lawrence Inc. License #10401322148 Listed on: 04/25/2021

Co-Listed By

Anthony Saraco

Houlihan Lawrence Inc. License #10301222160

Last Buyer's Agent

Ervin Velez

Go Real Estate Inc. License #40VE0900583

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,814

Year Built

  • Built in 1955

Lot Details

  • 3,000 Sq Ft Lot
  • No Common Walls
  • Stone Wall

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,704 Sq Ft Home
  • Formal Dining Room
  • Storage
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

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

Eco-Friendly Details

  • Energy-Efficient Exposure or Shade
  • ENERGY STAR Certified Homes

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near public transit

Schools

  • East Bronx Academy For The Future Middle School
  • East Bronx Academy For The Future High School

Utilities

  • ENERGY STAR Qualified Air Conditioning
  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 04296-0014

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

$5,814

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1955
  • Attribution Contact: 914-361-1065
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen, Formal Dining Room, Granite Counters, Storage
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Full, Walk-Out Access
  • Total Bedrooms: 4
  • Living Area: 1704.00
  • Square Footage: 1704.00

Exterior Features

  • Construction Materials: Brick, Energy Star
  • Patio and Porch Features: Deck, Porch

Garage/Parking

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

Utilities

  • Cooling: ENERGY STAR Qualified Equipment, Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard, Hot Water
  • Hot Water: Gas Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: East Bronx Academy For The Future

Lot Info

  • Lot Size Acres: 0.0700
  • Lot Size Sq Ft: 3000.00
  • Lot Size Units: Acres
  • Lot Features: Stone/Brick Wall, Near Public Transit
  • Parcel Number: 04296-0014
  • Property Attached: No

Green Features

  • Green Building Verification Type: ENERGY STAR Certified Homes

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Close Date: 2021-09-02
  • Tax Annual Amount: 5814.00
  • Tax Map Number: 04296-0014

Multi Family

  • Units Total: 2
  • 1 Bedrooms: 1
  • Three Bedrooms: 1
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: East Bronx Academy For The Future
  • Middle School District: Bronx 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2021
Closed on
Sep 2, 2021
Sold by
Castiglia Anna and Castiglia Ignazio
Bought by
Gebreselassie Zerom
Seller's Agent
Dianna Simmons
Houlihan Lawrence Inc.
Buyer's Agent
Ervin Velez
Go Real Estate Inc.
List Price
$899,000
Sold Price
$850,000
Premium/Discount to List
-$49,000
-5.45%
Current Estimated Value
$900,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,711
Avg. Annual Appreciation
1.33%
Original Mortgage
$637,500
Outstanding Balance
$579,212
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$321,499
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
Gebreselassie Zerom $850,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gebreselassie Zerom $637,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2021 09/02/21 Sold $850,000 +1.3% $499 / Sq Ft
06/28/2021 06/28/21 Pending -- -- --
05/08/2021 05/08/21 Price Changed $839,000 -6.7% $492 / Sq Ft
04/25/2021 04/25/21 For Sale $899,000 -- $528 / 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 $6,958 $34,906 $8,849 $26,057
2024 $6,958 $34,643 $8,325 $26,318
2023 $6,637 $32,682 $8,015 $24,667
2022 $6,155 $42,120 $10,800 $31,320
2021 $5,819 $40,620 $10,800 $29,820
2020 $5,861 $37,620 $10,800 $26,820
2019 $5,746 $35,100 $10,800 $24,300
2018 $5,254 $27,235 $9,727 $17,508
2017 $4,938 $25,694 $8,580 $17,114
2016 $4,536 $24,240 $10,800 $13,440
2015 $3,089 $25,800 $12,000 $13,800
2014 $3,089 $25,376 $11,803 $13,573
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6110398

OneKey® MLS

APN: 04296-0014