NOT LISTED FOR SALE

Estimated Value: $925,611 - $1,277,000

6 Beds
3 Baths
2,485 Sq Ft
$441/Sq Ft Est. Value

Last Sold April 29, 2021

Last sale price $995,000 $400 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $6,592/month

53 Days on Market

Highlights

  • 0.11 Acre Lot
  • 3-minute walk to Morris Park
  • Wood Flooring
  • Deck
  • Property is near public transit
  • Main Floor Bedroom

About This Home

As of April 2021

Amazing property in the heart of Morris Park - Short distance to the trains and the express bus to Manhattan. Fully gut renovated home. The house is legal 2 units with a summer kitchen/living area in the back, which was converted into a 1BR guest suite. Top unit: 4BR, 2 bathrooms and a patio. Ground floor (front unit): 2BR, 1 bathroom. New boilers and hot water heaters. New electrical work. New plumbing. New roof. New garage doors. New windows. Each tenant pays for their own gas and electricity, separate meters for each unit (including heat). Again, the entire house was gut renovated form top to bottom A must see.

Last Agent to Sell the Property

Jennifer Stein

License #10311206298 Listed on: 01/15/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,047

Year Built

  • Built in 1955

Lot Details

  • 5,001 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 2,485 Sq Ft Home
  • Wood Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Outdoor Features

  • Balcony
  • Deck
  • Patio

Location

  • Property is near public transit

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas, heat
  • Assessor Parcel Number 04303-0030

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

$8,047

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: See Remarks
  • Property SubType: Multi Family
  • Year Built: 1955
  • Attribution Contact: 855-400-8566
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: 1st Floor Bedrm
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: None
  • Total Bedrooms: 6
  • Living Area: 2485.00
  • Square Footage: 2485.00

Exterior Features

  • Construction Materials: Brick, Frame
  • Exterior Features: Balcony
  • Patio and Porch Features: Deck, Patio

Garage/Parking

  • Total Parking Spaces: 4.00
  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Description: Attached, 2 Car Attached, Driveway, Garage

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • 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: No

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: 0.1100
  • Lot Size Area: 0.1100
  • Lot Size Sq Ft: 5001.00
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 04303-0030
  • Property Attached: No

Rental Info

  • Tenant Pays: Electricity, Gas, Heat

Tax Info

  • Close Date: 2021-04-29
  • Included in Taxes: Trash
  • Tax Annual Amount: 8047.00
  • Tax Map Number: 04303-0030

Multi Family

  • Units Total: 2
  • Two Bedrooms: 1
  • Four Bedrooms: 1
  • 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
Jan 15, 2021
Closed on
Apr 29, 2021
Sold by
2014 Hone Llc
Bought by
Ponari Ali and Ponari Shqipe
Seller's Agent
Jennifer Stein
List Price
$1,075,000
Sold Price
$995,000
Premium/Discount to List
-$80,000
-7.44%
Current Estimated Value
$1,094,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,903
Avg. Annual Appreciation
2.18%
Original Mortgage
$796,000
Outstanding Balance
$721,375
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$373,528

Purchase Details

Closed on
Dec 22, 2020
Sold by
Gjonabalaj Valon
Bought by
2014 Hone Llc

Purchase Details

Closed on
Aug 7, 2018
Sold by
Morfit Irene and Zugale Deceased
Bought by
Gjonbalaj Valon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$657,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2006
Sold by
D'Amico Frank and D'Amico Sam
Bought by
Zugale Gennie and Zugale Peter

Purchase Details

Closed on
Jan 13, 1998
Sold by
Damico Marianna
Bought by
Damico Frank and Damico Sam
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
Ponari Ali $995,000 --
Ponari Ali $995,000 --
2014 Hone Llc -- --
2014 Hone Llc -- --
Gjonbalaj Valon $730,000 --
Gjonbalaj Valon $730,000 --
Zugale Gennie $700,000 --
Zugale Gennie $700,000 --
Damico Frank -- Judicial Title Ins Agency
Damico Frank -- Judicial Title Ins Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ponari Ali $796,000
Closed Ponari Ali $796,000
Previous Owner Gjonbalaj Valon $657,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2021 04/29/21 Sold $995,000 -7.4% $400 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
01/15/2021 01/15/21 For Sale $1,075,000 -- $433 / 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 $9,163 $45,619 $10,323 $35,296
2024 $9,163 $45,619 $9,355 $36,264
2023 $5,855 $43,199 $9,285 $33,914
2022 $8,136 $52,980 $12,600 $40,380
2021 $8,091 $47,700 $12,600 $35,100
2020 $8,047 $45,660 $12,600 $33,060
2019 $7,953 $47,100 $12,600 $34,500
2018 $7,338 $35,999 $10,216 $25,783
2017 $6,923 $33,962 $11,730 $22,232
2016 $6,405 $32,040 $12,600 $19,440
2015 $4,020 $31,680 $13,980 $17,700
2014 $4,020 $31,680 $13,980 $17,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6091116

OneKey® MLS

APN: 04303-0030