NOT LISTED FOR SALE

Estimated Value: $812,000 - $859,000

3 Beds
1.5 Baths
1,890 Sq Ft
$444/Sq Ft Est. Value

Last Sold January 30, 2025

Last sale price $820,000 $434 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,974/month

33 Days on Market

Highlights

  • Property is near public transit, schools, and shops
  • Park
  • Baseboard Heating

About This Home

As of January 2025

Beautiful brick 2 family house located in highly sought after Morris Park section of the Bronx is inviting its next owner. Property has been updated on all 3 levels, including floors, lighting, Kitchen cabinets/appliances, bathrooms, boiler and water tank. 2 zone baseboard heating is natural gas fueled. First unit (Vacant) is a 3 Bedroom duplex with L/R, Kitchen & D/R including a half bath, on an elevated first floor. This floor includes a spacious front porch and a expansive veranda in the back, with stairs leading down to the back yard. The second floor includes 3 Bedrooms (1 King - 1 Queen - 1 twin sized bedrooms) and a full bath. Second unit on the lower level is a 1 Bedroom apartment with kitchen formal L/R and full bath. This unit is currently occupied and will be delivered vacant. This property is ideal no matter your situation, whether you're looking for an income generating asset as an investor or searching for your primary residence that brings you additional income to help pay for itself.

Last Agent to Sell the Property

Jessica Akde Elmazi

Compass Greater NY LLC Brokerage Phone: 718-423-7700 License #10301218395 Listed on: 10/23/2024

Compass Greater NY LLC

Last Buyer's Agent

Alfousseyni Kone

Voro LLC License #10401309698

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,322

Year Built

  • Built in 1945

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 25x100

Parking

  • Shared Driveway

Home Design

  • Duplex
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Ps 108 Philip J Abinanti Elementary School
  • Ps 19 Judith K Weiss Middle School
  • High School For Lan-Inno

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • Partial Basement
  • Property is near public transit, schools, and shops

Listing and Financial Details

  • Legal Lot and Block 29 / 4221
  • Assessor Parcel Number 04221-0029

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,322

Year Built

Built in 1945

Lot Details

2,500 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Other
  • Property SubType: Duplex
  • Year Built: 1945
  • Attribution Contact: 718-423-7700
  • CurrentPrice: 820000.00
  • MlsMajorChangeType: Sold
  • ListPrice_By_OriginalListPrice: 1.00000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Finished, Partial
  • Total Bedrooms: 3
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking Description: Driveway, Shared Driveway

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Natural Gas, Baseboard
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Park
  • Senior Community: No
  • Association: No

Schools

  • Middle School: Ps 19 Judith K Weiss

Lot Info

  • Lot Dimensions: 25x100
  • Lot Size Sq Ft: 2500
  • Lot Features: Near Public Transit, Near School, Near Shops
  • Parcel Number: 04221-0029
  • Property Attached: No
  • Zoning: R4

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 7322.4
  • Tax Block: 4221
  • Tax Lot: 29

MLS Schools

  • Elementary School: Ps 108 Philip J Abinanti
  • High School: High School For Lan-Inno

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2024
Closed on
Jan 29, 2025
Sold by
Jegeni Marsel and Jegeni Laci Eli
Bought by
1566 Rhinelander Llc
Seller's Agent
Jessica Akde Elmazi
Compass Greater NY LLC
Buyer's Agent
Alfousseyni Kone
Voro LLC
List Price
$829,000
Sold Price
$820,000
Premium/Discount to List
-$9,000
-1.09%
Views
7
Current Estimated Value
$838,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,595
Avg. Annual Appreciation
2.00%
Original Mortgage
$656,000
Outstanding Balance
$650,900
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$187,695

Purchase Details

Listed on
Mar 30, 2018
Closed on
Oct 24, 2018
Sold by
Aquino Luz M and Rivera Clara Isabel
Bought by
Jegeni Marsel and Jegeni Laci Eli
Seller's Agent
Andrew Fernandez
RE/MAX Voyage Realty
Buyer's Agent
Maria Karsou
Keller Williams NY Realty
List Price
$668,000
Sold Price
$625,000
Premium/Discount to List
-$43,000
-6.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.43%
Original Mortgage
$525,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2016
Sold by
Purewal Nina
Bought by
Aquino Luz M and Rivera Clara Isabel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$451,668
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2010
Sold by
Purewal Namrita and Purewal Nina N
Bought by
Purewal Nina N

Purchase Details

Closed on
Jul 24, 2000
Sold by
Basile Joseph
Bought by
Purewal Nina N and Purewal Namrita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
8.07%
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
1566 Rhinelander Llc $820,000 --
Jegeni Marsel $625,000 --
Aquino Luz M $460,000 --
Purewal Nina N -- --
Purewal Nina N -- --
Purewal Nina N $220,000 --
Purewal Nina N $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1566 Rhinelander Llc $656,000
Previous Owner Jegeni Marsel $525,000
Previous Owner Aquino Luz M $451,668
Previous Owner Purewal Nina N $165,000
Closed Purewal Nina N $33,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/30/2025 01/30/25 Sold $820,000 -1.1% $434 / Sq Ft
11/25/2024 11/25/24 Pending -- -- --
10/23/2024 10/23/24 For Sale $829,000 +32.6% $439 / Sq Ft
10/25/2018 10/25/18 Sold $625,000 -6.4% $331 / Sq Ft View Prior Sale
03/30/2018 03/30/18 Pending -- -- --
03/30/2018 03/30/18 For Sale $668,000 -- $353 / Sq Ft
Source: OneKey® MLS

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 $7,322 $38,362 $8,791 $29,571
2024 $7,322 $36,457 $8,826 $27,631
2023 $6,985 $34,396 $7,997 $26,399
2022 $6,583 $45,060 $10,560 $34,500
2021 $6,728 $36,600 $10,560 $26,040
2020 $6,767 $39,300 $10,560 $28,740
2019 $6,355 $34,260 $10,560 $23,700
2018 $5,843 $28,663 $8,992 $19,671
2017 $5,602 $27,480 $10,560 $16,920
2016 $5,326 $26,640 $10,560 $16,080
2015 $3,227 $26,836 $11,552 $15,284
2014 $3,227 $25,318 $11,402 $13,916
Source: Public Records

Agents Affiliated with this Home

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Source: OneKey® MLS

MLS Number: L3587068

OneKey® MLS

APN: 04221-0029

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