NOT LISTED FOR SALE

Estimated Value: $877,287 - $1,330,000

6 Beds
2 Baths
2,244 Sq Ft
$516/Sq Ft Est. Value

Last Sold May 03, 2022

Last sale price $935,000 $417 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $6,866/month

55 Days on Market

About This Home

As of May 2022

Create Your Masterpiece!
Here's a perfect opportunity to create the home of your dreams. Purchase with only 3.5% down payment while the seller pays closing costs up to 5% of the purchase price. The home is also eligible for renovation financing you can use to transform the home and give it a new life.

This freestanding, two-story 22'x46' East-facing property sits on a 30'x100' lot and shares a driveway that leads to a detached garage. Reimagine the garage as a gym, game room, or a cool home office. You can maintain the current floor plan or customize the home to fit your lifestyle.

The owner's unit currently features an open floorplan with alcove living room, three bedrooms, and one bathroom over a finished basement, and access to the backyard. The top floor unit is comprised of 3 bedrooms, 1 bathroom, living room, formal dining room, eat in kitchen, and home office. The gross projected rental income for this property is approximately $5,000/mo. Live in one unit and rent the other, rent both units or reconfigure the entire property as one unit. There are so many possibilities.

Comparative Market Analysis available upon request. Area amenities include the 2/5 trains at Brooklyn College/Flatbush Avenue Station, Starbucks, Target, Chase Bank, The UPS Store, Ideal Food Basket of East Midwood, The Laundry Station, Domino's Pizza, Dollar Tree, and Autozone.

Last Agent to Sell the Property

Anthony Morris

Corcoran Group License #30MO0951810 Listed on: 11/05/2021

Corcoran Group

Co-Listed By

Lisa James

Corcoran Group License #10401215017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,236

Lot Details

  • 3,006

Home Design

Interior Spaces

  • 2,244 Sq Ft Home
  • 2-Story Property
  • Washer Dryer Allowed

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,236

Lot Details

0

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Washer Dryer Allowed
  • Living Area: 2244.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 6

Garage/Parking

  • Garage: No

Building Info

  • Units: 2
  • Total Stories: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2021
Closed on
May 3, 2022
Sold by
Bernier As Administrator Winnie
Bought by
Begum Fatema
Seller's Agent
Anthony Morris
Corcoran Group
List Price
$999,999
Sold Price
$935,000
Premium/Discount to List
-$64,999
-6.5%
Current Estimated Value
$1,158,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,822
Avg. Annual Appreciation
6.29%
Original Mortgage
$748,000
Outstanding Balance
$709,621
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$449,201

Purchase Details

Closed on
May 11, 1998
Sold by
Bernier Solange
Bought by
Exume Solange and Bernier Solange

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,000
Interest Rate
6.98%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Begum Fatema $935,000 --
Exume Solange -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Begum Fatema $748,000
Previous Owner Exume Solange $137,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2022 08/03/22 Off Market $935,000 -- --
05/03/2022 05/03/22 Sold $935,000 -6.5% $417 / Sq Ft
11/05/2021 11/05/21 For Sale $999,999 -- $446 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $9,236 $58,620 $15,780 $42,840
2024 $9,236 $61,320 $15,780 $45,540
2023 $9,177 $53,940 $15,780 $38,160
2022 $8,722 $44,160 $15,780 $28,380
2021 $8,675 $41,220 $15,780 $25,440
2020 $6,506 $52,800 $15,780 $37,020
2019 $8,016 $52,800 $15,780 $37,020
2018 $7,676 $37,656 $12,762 $24,894
2017 $7,676 $37,656 $14,458 $23,198
2016 $7,137 $35,700 $15,780 $19,920
2015 $4,065 $33,847 $13,064 $20,783
2014 $4,065 $31,933 $12,325 $19,608
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10769493

Real Estate Board of New York (REBNY)

APN: 07617-0071