NOT LISTED FOR SALE

Estimated Value: $225,000 - $290,000

5 Beds
2 Baths
1,750 Sq Ft
$142/Sq Ft Est. Value

Last Sold November 13, 2020

Last sale price $150,000 $86 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $1,701/month

5 Days on Market

Highlights

  • No HOA
  • Hot Water Heating System
  • 3-minute walk to Madison Avenue Park

About This Home

As of November 2020

503 Morris is a well maintained and unique 2-family. The upstairs unit is two floors with three bedrooms and a roof-deck on the second floor. The first floor is two bedrooms and has access to the backyard. Both units are long-term tenants with leases until July 2021. The exterior has had many upgrades, making this a turn-key investment with low taxes.

Last Agent to Sell the Property

Shane Mahar

Madison Park Real Estate License #10491207239 Listed on: 08/22/2020

Last Buyer's Agent

Terry Weinman

Coldwell Banker Prime Properties License #30WE0768353

Coldwell Banker Prime Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,748

Lot Details

  • Lot Dimensions are 25x81.5

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 1,750 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 61 / 1
  • Assessor Parcel Number 010100 64.76-1-61

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,748

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1093
  • Directions: Ontario to Morris
  • Above Grade Finished Sq Ft: 1750.0
  • Architectural Style: Duplex-Over/Under
  • Financial Details General Taxes: 1442.0
  • General Taxes Description: Actual
  • Financial Details School Taxes: 2306.0
  • School Taxes Description: Actual
  • Lot Size: 25x81.5
  • New Construction: No
  • Possession Possession Legacy: 7/15/2021
  • Sale Detail Seller Contribution: No
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Special Features: None

Interior Features

  • Basement: Full
  • Total Bedrooms: 5
  • Living Area: 1750.0
  • Full Basement: Yes

Exterior Features

  • Construction Type: Vinyl Siding
  • Waterfront: No
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Parking Features: None
  • Attached Garage: No
  • Parking Features:None11: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Hot Water, Natural Gas
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Hot Water: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Albany

Lot Info

  • Parcel #: 010100 64.76-1-61

Tax Info

  • Tax Annual Amount: 3748.0
  • Tax Block: 1
  • Tax Lot: 61

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2020
Closed on
Nov 12, 2020
Sold by
Royston Karen H
Bought by
Broomall Dylan
Seller's Agent
Shane Mahar
Madison Park Real Estate
Buyer's Agent
Terry Weinman
Coldwell Banker Prime Properties
List Price
$149,900
Sold Price
$150,000
Premium/Discount to List
$100
0.07%
Current Estimated Value
$248,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,729
Avg. Annual Appreciation
10.49%
Original Mortgage
$142,500
Outstanding Balance
$126,805
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$121,924

Purchase Details

Closed on
Feb 13, 2003
Sold by
Wittbrodt Ireneysz
Bought by
Rogston Karen H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Broomall Dylan $150,000 Legacy Titte Services Llc
Rogston Karen H $106,000 Dorothy Tischler
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Broomall Dylan $142,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2020 11/13/20 Sold $150,000 +0.1% $86 / Sq Ft
08/26/2020 08/26/20 Pending -- -- --
08/21/2020 08/21/20 For Sale $149,900 -- $86 / Sq Ft
Source: Global 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
2024 $4,766 $176,000 $35,200 $140,800
2023 $4,122 $100,000 $20,000 $80,000
2022 $4,034 $100,000 $20,000 $80,000
2021 $4,026 $100,000 $20,000 $80,000
2020 $4,082 $100,000 $20,000 $80,000
2019 $3,937 $100,000 $20,000 $80,000
2018 $3,803 $100,000 $20,000 $80,000
2017 $2,237 $100,000 $20,000 $80,000
2016 $3,688 $100,000 $20,000 $80,000
2015 $3,398 $92,600 $18,500 $74,100
2014 -- $92,600 $18,500 $74,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202026089

Global MLS

APN: 010100-064-076-0001-061-000-0000