NOT LISTED FOR SALE

Estimated Value: $645,520 - $818,000

8 Beds
2 Baths
1,544 Sq Ft
$493/Sq Ft Est. Value

Last Sold October 10, 2022

Last sale price $700,000 $453 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,492/month

89 Days on Market

Highlights

  • 0.06 Acre Lot
  • Level Lot
  • 2-minute walk to Van Nest Park
  • Baseboard Heating

About This Home

As of October 2022

Take advantage of this amazing investment opportunity with (EXCELLENT!!! CASHFLOW- ) located in the Van Nest Morris Park area of the Bronx . This home will make you lots of money , its a very smart investment for an investor looking for great cashflow . Just minutes from Manhattan via nearby train station(2 & 5 train). This 7 bedroom turnkey 2 family home with FINISHED lower level is completely renovated ,no improvements needed. The Upper level features an immaculate 4 bedroom 1 bath apartment, updated appliances, great storage with balcony overlooking the huge backyard. The 1st Floor features a 3 bedroom,1 bath unit equipped with stainless steel appliances and lots of cabinet space . BONUS : Lower level which is "Fully Finished " is perfect for owner occupant or In-law setup with walk out access to private backyard . All amenities are walking distance away,:- bronx zoo, botanical gardens ,shopping, eateries with access to public transportation. The numbers here make sense !! Schedule Your Showings Today! Appliances: Electric Water Heater BuildingAreaSource: Public Records,

Last Agent to Sell the Property

Sadiki Thames

MRG LLC Brokerage Phone: 917-886-0389 License #10401319822 Listed on: 05/18/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,325

Year Built

  • Built in 1920

Lot Details

  • 2,614 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 2 Full Bathrooms

Finished Basement

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

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 04026-0042

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,325

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Duplex
  • Property SubType: Multi Family
  • Year Built: 1920
  • Attribution Contact: 917-886-0389
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Full Bathrooms: 2
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 8
  • SquareFootageSource: Municipality

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Features: Level
  • Parcel Number: 04026-0042

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 4325
  • Tax Map Number: 04026-0042

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
May 18, 2022
Closed on
Sep 29, 2022
Sold by
Hamilton Donzell
Bought by
Mancebo Aldo and Mancebo Osvaldo
Seller's Agent
Sadiki Thames
MRG LLC
List Price
$785,000
Sold Price
$700,000
Premium/Discount to List
-$85,000
-10.83%
Views
8
Current Estimated Value
$761,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,630
Avg. Annual Appreciation
2.86%
Original Mortgage
$525,000
Outstanding Balance
$503,427
Interest Rate
5.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$258,203

Purchase Details

Closed on
Oct 29, 2010
Sold by
Steigelfest Nina
Bought by
Hamilton Donzell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,650
Interest Rate
4.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 22, 2010
Sold by
Brown Roxie and Ware Roxie
Bought by
Steigelfest Nina
Source: Public Records

Range of Values:

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mancebo Aldo $700,000 --
Hamilton Donzell $477,000 --
Steigelfest Nina -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mancebo Aldo $525,000
Previous Owner Hamilton Donzell $470,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2022 10/10/22 Sold $700,000 0.0% $453 / Sq Ft
08/15/2022 08/15/22 Pending -- -- --
07/11/2022 07/11/22 Price Changed $699,900 -4.8% $453 / Sq Ft
05/21/2022 05/21/22 Price Changed $735,000 -6.4% $476 / Sq Ft
05/18/2022 05/18/22 For Sale $785,000 -- $508 / 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 $5,253 $26,352 $5,484 $20,868
2024 $5,253 $26,153 $6,427 $19,726
2023 $5,011 $24,673 $5,908 $18,765
2022 $4,360 $34,380 $9,540 $24,840
2021 $4,318 $31,320 $9,540 $21,780
2020 $4,352 $35,700 $9,540 $26,160
2019 $4,266 $35,700 $9,540 $26,160
2018 $3,894 $20,561 $5,976 $14,585
2017 $3,655 $19,398 $7,970 $11,428
2016 $3,348 $18,300 $9,540 $8,760
2015 $2,253 $20,400 $10,620 $9,780
2014 $2,253 $20,343 $9,002 $11,341
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY6186256

OneKey® MLS

APN: 04026-0042