NOT LISTED FOR SALE

Estimated Value: $680,000 - $766,000

4 Beds
2.5 Baths
1,828 Sq Ft
$392/Sq Ft Est. Value

Last Sold September 15, 2020

Last sale price $590,000 $323 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,321/month

Highlights

  • 0.04 Acre Lot
  • 2-minute walk to Morris Park
  • Wood Flooring
  • Property is near public transit
  • Private Lot
  • Formal Dining Room

About This Home

As of September 2020

Fantastic 2-family home bordering the desirable Pelham Parkway and Morris Park sections of The Bronx. Enjoy a 3 bedroom duplex while renting the extra unit to help pay your mortgage. Another excellent option is to keep all of the space for your whole family; The downstairs area is a perfect in-law suite or 4th bedroom! What a fabulous floor plan featuring a charming living room, a formal dining room, a large updated eat-in-kitchen and a half bath on the main level. Upstairs boasts a spacious master plus 2 more sizable bedrooms and a classy full bath. The basement is walk-out with a studio apartment plus storage and laundry. Outside is just as wonderful with a welcoming porch, picturesque views of the park-like island and a garage with driveway. The backyard is fenced in and private, great for children and pups to play. Super convenient location, just a few steps from the Morris Park train station, near all shopping, buses, schools and more. Don't miss this amazing opportunity!

Last Agent to Sell the Property

Christine Rowley

RE/MAX Classic Realty License #10301203607 Listed on: 06/23/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,967

Year Built

  • Built in 1940 | Remodeled in 2012

Lot Details

  • 1,951 Sq Ft Lot
  • Two or More Common Walls
  • Fenced
  • Private Lot
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 1,828 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Storage
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

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

Utilities

  • Window Unit Cooling System
  • 1 Heating Zone
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Porch
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 04324-0053

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,967

Year Built

Built in 1940 | Remodeled in 2012

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: 2 Story
  • Property SubType: Multi Family
  • Year Built: 1940
  • Year Built Effective: 2012
  • Attribution Contact: 914-243-5200
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2012

Interior Features

  • Interior Amenities: Eat-in Kitchen, Formal Dining Room, Pantry, Storage
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 4
  • Living Area: 1828.00
  • Square Footage: 1828.00

Exterior Features

  • Construction Materials: Brick, Frame
  • Fencing: Fenced
  • Patio and Porch Features: Porch

Garage/Parking

  • Total Parking Spaces: 3.00
  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Description: Attached, 1 Car Attached, Driveway, Off Street

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Hot Water: Gas Stand Alone
  • Heating Zones: 1
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Trash Collection, 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: 0.0400
  • Lot Size Area: 0.0400
  • Lot Size Sq Ft: 1951.00
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit, Private
  • Parcel Number: 04324-0053
  • Property Attached: Yes

Tax Info

  • Close Date: 2020-09-15
  • Included in Taxes: Sewer, Trash
  • Tax Annual Amount: 5967.00
  • Tax Map Number: 04324-0053

Multi Family

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

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
Jun 23, 2020
Closed on
Sep 15, 2020
Sold by
King Emily
Bought by
Vargas Charlie and Vargas Juana
Seller's Agent
Christine Rowley
RE/MAX Classic Realty
List Price
$600,000
Sold Price
$590,000
Premium/Discount to List
-$10,000
-1.67%
Current Estimated Value
$706,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,211
Avg. Annual Appreciation
3.93%
Original Mortgage
$501,500
Outstanding Balance
$448,069
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$265,201

Purchase Details

Closed on
Jun 28, 2013
Sold by
King Emily and Ubiles Jimmy
Bought by
King Emily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,870
Interest Rate
4.4%

Purchase Details

Closed on
Jul 6, 2004
Sold by
King Emily
Bought by
King Emily and Ubiles Jimmy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 15, 2002
Sold by
Friedman Shirley
Bought by
King Emily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
7.04%
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
Vargas Charlie $590,000 --
Vargas Charlie $590,000 --
King Emily -- --
King Emily -- --
King Emily -- --
King Emily -- --
King Emily -- --
King Emily -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vargas Charlie $501,500
Closed Vargas Charlie $501,500
Previous Owner King Emily $24,894
Previous Owner King Emily $6,870
Previous Owner King Emily $237,000
Previous Owner King Emily $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2020 09/15/20 Sold $590,000 -1.7% $323 / Sq Ft
06/23/2020 06/23/20 Pending -- -- --
06/23/2020 06/23/20 For Sale $600,000 -- $328 / 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 $6,872 $35,510 $8,279 $27,231
2024 $6,872 $34,216 $9,429 $24,787
2023 $6,556 $32,280 $7,706 $24,574
2022 $6,080 $36,300 $9,540 $26,760
2021 $6,409 $31,260 $9,540 $21,720
2020 $5,968 $33,600 $9,540 $24,060
2019 $5,672 $30,600 $9,540 $21,060
2018 $5,186 $26,900 $7,833 $19,067
2017 $4,874 $25,380 $7,851 $17,529
2016 $4,764 $25,380 $8,355 $17,025
2015 $2,668 $24,660 $10,620 $14,040
2014 $2,668 $23,761 $10,436 $13,325
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6047023

OneKey® MLS

APN: 04324-0053