NOT LISTED FOR SALE

842 Neill Ave Bronx, NY 10462

Morris Park Neighborhood

Estimated Value: $693,471 - $864,000

3 Beds
2 Baths
1,613 Sq Ft
$505/Sq Ft Est. Value

Last Sold July 25, 2022

Last sale price $750,000 $465 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,790/month

27 Days on Market

Highlights

  • Chalet
  • Wood Flooring
  • Formal Dining Room
  • Property is near public transit
  • Granite Countertops
  • 5-minute walk to Matthews Mulliner Playground

About This Home

As of July 2022

This semi attached brick 2-family home sits in the middle of a prime location on a corner lot. Close to the Bronx Park East #2 and Morris Park #5 trains. Conveniently close to #12, 21, 22, 39 buses, parkways, restaurants, and shops. Relax in your private fenced in sunny backyard. This home features both a front and a back patio terrace. Great investment property or move in and make it your own. (Please wear booties or take off shoes.) Additional Information: ParkingFeatures:1 Car Attached, BuildingAreaSource: Public Records,

Last Agent to Sell the Property

Kenneth Rabasco

Keller Williams Realty Group Brokerage Phone: 914-713-3270 License #10401277121 Listed on: 03/14/2022

Keller Williams Realty Group

Last Buyer's Agent

Allan Obando

Fave Realty Inc License #10301219656

Fave Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,304

Year Built

  • Built in 1950

Lot Details

  • 2,178 Sq Ft Lot
  • Two or More Common Walls
  • Partially Fenced Property

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Chalet
  • Brick Exterior Construction
  • Block Exterior

Interior Spaces

  • Entrance Foyer
  • Formal Dining Room
  • Wood Flooring
  • Home Security System
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Porch
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Assessor Parcel Number 04263-0049

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,304

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Chalet
  • Property SubType: Multi Family
  • Year Built: 1950
  • Attribution Contact: 914-713-3270
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Formal Dining, Entrance Foyer, Granite Counters
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Basement: None
  • Total Bedrooms: 3
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Block, Brick
  • Fencing: Partial
  • Patio and Porch Features: Porch

Garage/Parking

  • Total Parking Spaces: 2
  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Attached, Driveway

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Security: Security System
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 1

Association/Amenities

  • Community Features: Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.05
  • Parcel Number: 04263-0049
  • Property Attached: Yes

Rental Info

  • Tenant Pays: Cooking Gas, Electricity

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf1Bedrooms: 1
  • NumberOf2Bedrooms: 1

Tax Info

  • Tax Annual Amount: 5304
  • Tax Map Number: 04263-0049
  • IncludedInTaxes: Sewer,Trash,Water

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
Mar 14, 2022
Closed on
Jul 25, 2022
Sold by
Loredo Mario A and Loredo Mirza I
Bought by
Campusano Clara
Seller's Agent
Kenneth Rabasco
Keller Williams Realty Group
Buyer's Agent
Allan Obando
Fave Realty Inc
List Price
$699,000
Sold Price
$750,000
Premium/Discount to List
$51,000
7.3%
Current Estimated Value
$813,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,868
Avg. Annual Appreciation
2.48%
Original Mortgage
$521,500
Outstanding Balance
$498,984
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$314,884

Purchase Details

Closed on
Jun 15, 2009
Sold by
Meltzer Benjamin F
Bought by
Loredo Mario A and Loredo Mirza I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,479
Interest Rate
4.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2000
Sold by
Weintraub Leonard and Estate Of Zelda Weintraub
Bought by
Meltzer Benjamin F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,350
Interest Rate
7.7%
Mortgage Type
FHA
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
Campusano Clara $750,000 --
Loredo Mario A $360,000 --
Meltzer Benjamin F $160,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campusano Clara $521,500
Previous Owner Loredo Mario A $353,479
Previous Owner Meltzer Benjamin F $198,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2022 07/25/22 Sold $750,000 +7.3% $465 / Sq Ft
04/10/2022 04/10/22 Pending -- -- --
03/14/2022 03/14/22 For Sale $699,000 -- $433 / 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 $5,996 $31,642 $7,980 $23,662
2024 $5,996 $29,851 $7,985 $21,866
2023 $5,719 $28,162 $7,219 $20,943
2022 $5,304 $37,140 $10,320 $26,820
2021 $5,591 $38,520 $10,320 $28,200
2020 $5,582 $34,680 $10,320 $24,360
2019 $5,204 $29,880 $10,320 $19,560
2018 $4,784 $23,468 $8,171 $15,297
2017 $4,513 $22,140 $10,320 $11,820
2016 $5,009 $25,058 $9,931 $15,127
2015 $2,900 $23,640 $11,460 $12,180
2014 $2,900 $22,519 $10,440 $12,079
Source: Public Records

Agents Affiliated with this Home

  • Kenneth Rabasco

    Seller's Agent in 2022

    Kenneth Rabasco

    Keller Williams Realty Group

    (914) 844-2885

    2 in this area

    43 Total Sales

    Kenneth Rabasco
    Section Image

  • A

    Buyer's Agent in 2022

    Allan Obando

    Fave Realty Inc

    (516) 519-8049

    1 in this area

    3 Total Sales

    Allan Obando
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY6171832

OneKey® MLS

APN: 04263-0049

New York Bronx County Bronx 10462 Morris Park

842 Neill Ave, Bronx, NY

Not Listed for Sale

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