NOT LISTED FOR SALE

Estimated Value: $705,000 - $720,000

4 Beds
2 Baths
1,420 Sq Ft
$503/Sq Ft Est. Value

Last Sold May 29, 2024

Last sale price $700,000 $493 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,423/month

62 Days on Market

Highlights

  • 1 Car Detached Garage
  • 3-minute walk to Morris Park
  • Level Lot
  • Hot Water Heating System

About This Home

As of May 2024

This legal two family is a great investment opportunity, with strong rental potential! Located on a quiet, tree lined street, in the Morris Park section of the Bronx! Walking distance to Jacobi Medical Center, Yeshiva University, Albert Einstein College of Medicine, Mercy University, Calvary Hospital and the Montefiore Hutchinson Campus. It can also live as a large one family! The entry foyer has rich wood trim. Many rooms have hardwood floors with detail and character that is not found today. The generous number of windows, provide an abundance of natural light. The basement is partially finished, with potential for additional living/recreation space, along with plenty of storage. With a detached garage, and a long driveway that can accommodate 4-5 cars, parking is never a problem. Private backyard is perfect for gardening, barbecuing, or just relaxing. Close to subway, bus, shopping and restaurants. Easy access to the Hutchinson River Pkwy, Bronx River Pkwy, I-95 and Metro North.

Last Agent to Sell the Property

Thomas Garvin

Giner Real Estate Inc. Brokerage Phone: (914) 263-0345 License #10401258433 Listed on: 11/28/2023

Co-Listed By

Peter Giner

Giner Real Estate Inc. Brokerage Phone: (914) 263-0345 License #31GI0913924

Last Buyer's Agent

Thomas Garvin

Giner Real Estate Inc. Brokerage Phone: (914) 263-0345 License #10401258433 Listed on: 11/28/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,855

Year Built

  • Built in 1930

Lot Details

  • 3,742 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Stucco

Interior Spaces

  • 1,420 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 04327-0018

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,855

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Year Built: 1930
  • Attribution Contact: (914) 263-0345
  • Co List Office Mls Id: ONEGINERR
  • Co List Office Phone: 914-263-0345
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Full, Partially Finished
  • Total Bedrooms: 4
  • Living Area: 1420
  • SquareFootage: 1420.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Detached, 1 Car Detached, Driveway

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Indirect Tank

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 3742
  • Lot Size Units: Acres
  • Lot Features: Level
  • Parcel Number: 04327-0018
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 1
  • NumberOf2Bedrooms: 2

Tax Info

  • Tax Annual Amount: 6855
  • Tax Map Number: 04327-0018

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 28, 2023
Closed on
Apr 30, 2024
Sold by
Kirchmann Family Trust Dated December 5 and Kirchmann Trustee Robert
Bought by
Akter Rehana and Kadir Abdul
Seller's Agent
Thomas Garvin
Giner Real Estate Inc.
Buyer's Agent
Thomas Garvin
Giner Real Estate Inc.
List Price
$749,000
Sold Price
$700,000
Premium/Discount to List
-$49,000
-6.54%
Views
204
Current Estimated Value
$713,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,568
Avg. Annual Appreciation
-1.00%
Original Mortgage
$641,025
Outstanding Balance
$633,771
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$57,657

Purchase Details

Closed on
Dec 5, 2022
Sold by
Kirchmann Giovanna and Kirchmann Laszlo
Bought by
Kirchman Family Trust and Robert Kirchmann - Trustee
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
Akter Rehana $700,000 --
Akter Rehana $700,000 --
Kirchman Family Trust -- --
Kirchman Family Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akter Rehana $641,025
Closed Akter Rehana $641,025
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2024 05/29/24 Sold $700,000 -6.5% $493 / Sq Ft
01/30/2024 01/30/24 Pending -- -- --
01/04/2024 01/04/24 For Sale $749,000 +7.0% $527 / Sq Ft
01/02/2024 01/02/24 Off Market $700,000 -- --
11/28/2023 11/28/23 For Sale $749,000 -- $527 / 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 $6,421 $36,547 $10,386 $26,161
2024 $6,421 $35,770 $9,765 $26,005
2023 $6,017 $33,758 $8,929 $24,829
2022 $5,371 $42,660 $11,220 $31,440
2021 $5,698 $34,620 $11,220 $23,400
2020 $5,788 $35,040 $11,220 $23,820
2019 $5,577 $35,400 $11,220 $24,180
2018 $5,076 $28,132 $9,547 $18,585
2017 $4,764 $26,541 $8,587 $17,954
2016 $1,916 $25,380 $10,431 $14,949
2015 $1,071 $25,380 $11,232 $14,148
2014 $1,071 $24,840 $12,480 $12,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6276068

OneKey® MLS

APN: 04327-0018