NOT LISTED FOR SALE

2961 Morgan Ave Bronx, NY 10469

Pelham Gardens Neighborhood

Estimated Value: $538,000 - $655,000

2 Beds
1 Bath
976 Sq Ft
$607/Sq Ft Est. Value

Last Sold October 10, 2019

Last sale price $465,000 $476 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,540/month

106 Days on Market

Highlights

  • Property is near public transit, schools, and shops
  • 1-minute walk to Gun Hill Road (5 Line)
  • Park
  • Wood Flooring
  • Eat-In Kitchen
  • 5-minute walk to Angelo Campanaro Playground

About This Home

As of October 2019

Welcome home! Your brick, semi-attached, single family home is ideally situated in the Pelham Gardens neighborhood of the Bronx and is on the market for the first time in over 40 years. The home features 2 bedrooms and 1 full bathroom, as well as a large, finished, walk out basement. There is also an eat in kitchen, substantial living / dining area with beautiful hardwood flooring and cozy front porch. And there’s no need to look for parking because you’ll have your own driveway, which accomodates 2 cars. In addition, the newly renovated shopping mall at Bay Plaza is a conveniemt, 5 minute car ride away and has it all. The home is also ready to be perfectly customized your way. Walk to subway, bus, shops, restaurants. Close to schools & highways. Taxes do not reflect STAR credit. Additional Information: HeatingFuel:Oil Above Ground,

Last Agent to Sell the Property

Paul Magyar

Exit Realty Group License #10401271927 Listed on: 02/04/2019

Exit Realty Group

Last Buyer's Agent

Mary Ann Faraci

Coldwell Banker Sammis License #40FA0839844

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,604

Year Built

  • Built in 1940

Lot Details

  • 2,156 Sq Ft Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 976 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Flooring
  • Finished Basement
  • Walk-Out Basement
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Property is near public transit, schools, and shops

Schools

  • Contact Agent Elementary And Middle School
  • Contact Agent High School

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Radiant Heating System
  • Electric Water Heater

Community Details

  • Park

Listing and Financial Details

  • Assessor Parcel Number 04565-0030

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,604

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property SubType: Single Family Residence
  • Property Condition: Actual
  • Levels: Split Entry (Bi-Level), Two
  • Year Built: 1940
  • Building Stories: 2
  • CurrentPrice: 465000.00
  • CurrentPrice_By_LivingArea: 476.43443
  • ListPrice_By_LivingArea: 480.53279
  • ListPrice_By_OriginalListPrice: 1.04454
  • ListPrice_By_LotSizeAcres: 9474747.4747
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen
  • Flooring: Hardwood
  • Full Bathrooms: 1
  • Basement: Finished, Walk-Out Access
  • Total Bedrooms: 2
  • Living Area: 976
  • Basement YN: Yes
  • ResoLivingAreaSource: Other

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Parking Description: Driveway

Utilities

  • Cooling: None
  • Heating: Oil, Radiant
  • Sewer: Public Sewer
  • Utilities: Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Park
  • Senior Community: No
  • Association: No

Association/Amenities

  • Community Features: Park

Schools

  • Middle School: Contact Agent

Lot Info

  • Lot Size Acres: 0.0495
  • Lot Size Sq Ft: 2156
  • Lot Features: Level, Near Public Transit, Near School, Near Shops
  • Parcel Number: 04565-0030
  • Property Attached: Yes

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 4604
  • Tax Year: 2018

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2019
Closed on
Oct 10, 2019
Sold by
Garcia Magdelena
Bought by
Joseph Darron H and Joseph Urline
Seller's Agent
Paul Magyar
Exit Realty Group
Buyer's Agent
Paul Magyar
Exit Realty Group
List Price
$449,000
Sold Price
$465,000
Premium/Discount to List
$16,000
3.56%
Current Estimated Value
$592,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,561
Avg. Annual Appreciation
3.97%
Original Mortgage
$456,577
Outstanding Balance
$399,984
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$192,577
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
Joseph Darron H $465,000 --
Garcia Magdelena -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joseph Darron H $456,577
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2024 12/10/24 Off Market $465,000 -- --
10/10/2019 10/10/19 Sold $465,000 -0.9% $476 / Sq Ft
06/06/2019 06/06/19 Price Changed $469,000 +6.8% $481 / Sq Ft
05/21/2019 05/21/19 Pending -- -- --
04/21/2019 04/21/19 Price Changed $439,000 -2.2% $450 / Sq Ft
02/04/2019 02/04/19 For Sale $449,000 -- $460 / 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 $5,334 $28,151 $7,120 $21,031
2024 $5,334 $26,558 $6,652 $19,906
2023 $5,089 $25,056 $6,843 $18,213
2022 $5,002 $27,900 $7,800 $20,100
2021 $5,233 $28,020 $7,800 $20,220
2020 $4,966 $25,980 $7,800 $18,180
2019 $4,630 $25,140 $7,800 $17,340
2018 $4,256 $20,880 $7,800 $13,080
2017 $4,604 $22,584 $7,528 $15,056
2016 $4,259 $21,306 $7,289 $14,017
2015 $2,517 $20,100 $8,700 $11,400
2014 $2,517 $20,100 $8,700 $11,400
Source: Public Records

Agents Affiliated with this Home

  • Paul Magyar

    Seller's Agent in 2019

    Paul Magyar

    Exit Realty Group

    (914) 843-8266

    22 Total Sales

    Paul Magyar
    Section Image

  • M

    Buyer's Agent in 2019

    Mary Ann Faraci

    Coldwell Banker Sammis

See All Agents

Map

Source: OneKey® MLS

MLS Number: H4903262

OneKey® MLS

APN: 04565-0030

New York Bronx County Bronx 10469 Pelham Gardens

2961 Morgan Ave, Bronx, NY

Not Listed for Sale

Detached

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