NOT LISTED FOR SALE

847 Morris Park Ave Unit Storefront Bronx, NY 10462

Van Nest Neighborhood

Estimated Value: $1,180,675

-- Bed
-- Bath
1,942 Sq Ft
$608/Sq Ft Est. Value

About This Home

This home is located at 847 Morris Park Ave Unit Storefront, Bronx, NY 10462 and is currently estimated at $1,180,675, approximately $607 per square foot. 847 Morris Park Ave Unit Storefront is a home located in Bronx County with nearby schools including P.S. 083 The Donald Hertz School, Icahn Charter School 2, and Bronx Excellence 2.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2018
Sold by
Farm Development Llc
Bought by
Springs Paradise Ny Inc
Current Estimated Value
$1,180,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,000
Outstanding Balance
$432,406
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$728,316

Purchase Details

Closed on
Sep 18, 2014
Sold by
Soifer Craig
Bought by
Farm Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 28, 1997
Sold by
Farella Camille and Farella Belle Anne
Bought by
Soifer Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,400
Interest Rate
7.55%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 2, 1994
Sold by
Farella Camille and Farella Belle Anne
Bought by
Farella Camille and Farella Belle Anne
Source: Public Records

Range of Values:

Collateral Analytics

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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

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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
Springs Paradise Ny Inc $799,000 --
Springs Paradise Ny Inc $799,000 --
Farm Development Llc $325,000 --
Farm Development Llc $325,000 --
Soifer Craig $155,000 Commonwealth Land Title Ins
Soifer Craig $155,000 Commonwealth Land Title Ins
Farella Camille -- Ticor Title Guarantee Compan
Farella Camille -- Ticor Title Guarantee Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Springs Paradise Ny Inc $499,000
Closed Springs Paradise Ny Inc $499,000
Previous Owner Farm Development Llc $200,000
Previous Owner Farm Development Llc $330,000
Previous Owner Soifer Craig $300,000
Previous Owner Soifer Craig $143,400
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 $4,311 $35,591 $8,871 $26,720
2024 $4,311 $34,486 $10,321 $24,165
2023 $3,917 $31,932 $10,268 $21,664
2022 $3,618 $218,250 $73,800 $144,450
2021 $0 $174,600 $73,800 $100,800
2020 $3,415 $191,700 $73,800 $117,900
2019 $3,346 $167,940 $73,800 $94,140
2018 $5,882 $24,563 $12,953 $11,610
2017 $2,893 $22,744 $13,134 $9,610
2016 $2,715 $21,060 $13,083 $7,977
2015 $5,454 $65,158 $41,258 $23,900
2014 $5,454 $63,137 $44,250 $18,887
Source: Public Records

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