NOT LISTED FOR SALE

556 Morris Ave Bronx, NY 10451

Melrose Neighborhood

Estimated Value: $2,569,714

Studio
-- Bath
4,200 Sq Ft
$612/Sq Ft Est. Value

About This Home

This home is located at 556 Morris Ave, Bronx, NY 10451 and is currently estimated at $2,569,714, approximately $611 per square foot. 556 Morris Ave is a home located in Bronx County with nearby schools including Middle School 223 Laboratory School of Finance and Technology, Hostos-Lincoln Academy of Science, and P.S. I.S. 224.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2013
Sold by
Moriss Realty Llc
Bought by
556 Real Estate Llc
Current Estimated Value
$2,569,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Outstanding Balance
$474,997
Interest Rate
4.42%
Mortgage Type
Commercial
Estimated Equity
$2,094,717

Purchase Details

Closed on
Sep 13, 2006
Sold by
Kim's Morris Realty Corp
Bought by
Morissrealty Llc

Purchase Details

Closed on
Aug 1, 2003
Sold by
Kim Patrick
Bought by
Kim's Morris Realty Corp

Purchase Details

Closed on
Apr 12, 2000
Sold by
Esposito Michael and Esposito Joseph
Bought by
Kim Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
8.23%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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

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ICE

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First American

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Quantarium

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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
556 Real Estate Llc $1,380,000 --
556 Real Estate Llc $1,380,000 --
Morissrealty Llc $860,000 --
Morissrealty Llc $860,000 --
Kim's Morris Realty Corp -- --
Kim's Morris Realty Corp -- --
Kim Patrick $225,000 Chicago Title Insurance Co
Kim Patrick $225,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 556 Real Estate Llc $650,000
Closed 556 Real Estate Llc $650,000
Previous Owner Kim Patrick $157,500
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
2026 $5,026 $43,417 $12,048 $31,369
2025 $4,654 $40,205 $11,511 $28,694
2024 $4,654 $37,227 $11,492 $25,735
2023 $4,229 $34,472 $10,701 $23,771
2022 $4,218 $430,200 $126,000 $304,200
2021 $0 $344,250 $126,000 $218,250
2020 $3,858 $375,300 $126,000 $249,300
2019 $3,612 $312,660 $126,000 $186,660
2018 $3,373 $26,517 $12,823 $13,694
2017 $3,373 $26,517 $13,982 $12,535
2016 $3,312 $25,691 $15,706 $9,985
2015 $2,055 $23,790 $17,438 $6,352
2014 $2,055 $22,028 $15,192 $6,836
Source: Public Records

Map

New York Bronx County Bronx 10451 Melrose

556 Morris Ave, Bronx, NY

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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