NOT LISTED FOR SALE

554 Morris Ave Bronx, NY 10451

Melrose Neighborhood

Estimated Value: $973,688

-- Bed
-- Bath
2,840 Sq Ft
$343/Sq Ft Est. Value

About This Home

This home is located at 554 Morris Ave, Bronx, NY 10451 and is currently estimated at $973,688, approximately $342 per square foot. 554 Morris Ave is a home located in Bronx County with nearby schools including Nancy Grayson Elementary School, Middle School 223 Laboratory School of Finance and Technology, and Hostos-Lincoln Academy of Science.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2006
Sold by
Lee Tai Sook
Bought by
554 Morris Corp
Current Estimated Value
$973,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,000
Outstanding Balance
$205,274
Interest Rate
6.37%
Mortgage Type
Commercial
Estimated Equity
$768,414

Purchase Details

Closed on
Jul 18, 2003
Sold by
554 Morris Avenue Realty Co Inc
Bought by
Lee Tai Sook

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
5.52%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
554 Morris Corp $550,000 --
Lee Tai Sook $395,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 554 Morris Corp $357,000
Previous Owner Lee Tai Sook $330,000
Source: Public Records

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 $4,030 $20,218 $2,911 $17,307
2024 $4,030 $20,064 $3,443 $16,621
2023 $3,844 $18,929 $3,403 $15,526
2022 $3,565 $37,320 $7,680 $29,640
2021 $3,546 $33,540 $7,680 $25,860
2020 $3,566 $24,420 $7,680 $16,740
2019 $3,498 $21,240 $7,680 $13,560
2018 $3,216 $15,774 $6,844 $8,930
2017 $3,034 $14,882 $6,779 $8,103
2016 $2,807 $14,040 $7,680 $6,360
2015 $1,868 $15,437 $7,185 $8,252
2014 $1,868 $14,564 $6,779 $7,785
Source: Public Records

Map

New York Bronx County Bronx 10451 Melrose

554 Morris Ave, Bronx, NY

Not Listed for Sale

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