NOT LISTED FOR SALE

Estimated Value: $1,691,578 - $2,123,000

-- Bed
3.5 Baths
2,795 Sq Ft
$704/Sq Ft Est. Value

Last Sold January 17, 2023

Last sale price $1,430,000 $512 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $11,270/month

Highlights

  • Wood Flooring
  • 4-minute walk to Avenue J
  • Baseboard Heating
  • Porch
  • Back, Front, and Side Yard
  • Private Driveway

About This Home

As of January 2023

This super spacious 2800 ft² 2-family home with a private driveway sits on a 40×100 lot.
The wrap-around porch leads to separate entrances for the first and second floors. There are actually 3 entrances to the first floor.
The first floor offers a massive living room and an equally large dining room, an eat-in kitchen,
2 big bedrooms with closets and a full bath.
There are front and side entrances leading to this and all floors and an extra entrance from the wrap-around porch. It’s very convenient.
The second /third floor is a 6 bedroom duplex which is equally spacious. The 2nd floor offers the same massive separate living room/ dining room, a den, an eat-in kitchen, and a full bath.
The 3rd floor has 4 bedrooms and a 3/4 bath.
The full-sized semi-finished basement with a half bath has amazing potential.
Outside of this fully detached home, you will find a front yard and a massive backyard.
Nestled on a tree-lined block, in an amazing location, this aggressively priced home is the perfect opportunity for the buyer or investor looking to build a dream home.

Last Agent to Sell the Property

Daniel Sosani

Listed on: 07/20/2022

Co-Listed By

Karen Behfar

Last Buyer's Agent

Daniel Sosani

Listed on: 07/20/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,212

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 100 x 40
  • Back, Front, and Side Yard

Home Design

  • Block Foundation
  • Pitched Roof
  • Aluminum Siding

Interior Spaces

  • 2,795 Sq Ft Home
  • 3-Story Property
  • Wood Flooring
  • Finished Basement

Parking

  • 3 Parking Spaces
  • Private Driveway

Outdoor Features

  • Porch

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • 200+ Amp Service

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 6713

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,212

Lot Details

0

Listing Details

  • Basement Amenities: Finished
  • Total Bathrooms: 4.00
  • Borough: Brooklyn
  • Building Length: 48.00
  • Building Width: 24.00
  • Co List Office Mls Id: 117960
  • Co List Office Phone: (347) 988-2526
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue J
  • Cross Street Name2: Avenue K
  • Handicap Access Y N U: No
  • Heat Delivery: Baseboard
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 3 Spaces
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Porch
  • Fill Sq Ft Total: 2795
  • Building Stories: 3
  • Street Name I D X: 12th
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 3
  • Basement Half Bathrooms: 1
  • Flooring: Hardwood
  • Lot Sq Ft: 4000

Exterior Features

  • Yard: Back, Front, Side
  • Exterior Building Type: Detached
  • Construction Type: Block
  • Exterior: Aluminum Siding
  • Foundation Details: Block
  • Lot Number: 19
  • Roof: Pitched

Utilities

  • Air Conditioning Units: 0
  • Electric: 200 Amp
  • Heating Fuel: Oil
  • Hot Water: Hot Water Coil in Boiler

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 40
  • Zoning: R5

Tax Info

  • Flip Tax Amount: 11212.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2022
Closed on
Jan 17, 2023
Sold by
Beneficiary Remainder
Bought by
Mok Ying Chak and Wu Dieyi
Seller's Agent
Daniel Sosani
Buyer's Agent
Daniel Sosani
List Price
$1,499,000
Sold Price
$1,430,000
Premium/Discount to List
-$69,000
-4.6%
Current Estimated Value
$1,967,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$537,145
Avg. Annual Appreciation
11.42%
Original Mortgage
$580,000
Outstanding Balance
$560,959
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,406,186

Purchase Details

Closed on
Aug 24, 2016
Sold by
Loel H Seitel Trustee
Bought by
Andrew H Seitel Remainder Beneficiary and The William I Seitel Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mok Ying Chak $1,430,000 --
Andrew H Seitel Remainder Beneficiary -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mok Ying Chak $580,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2023 01/17/23 Sold $1,430,000 -4.6% $512 / Sq Ft
07/20/2022 07/20/22 Pending -- -- --
07/20/2022 07/20/22 For Sale $1,499,000 -- $536 / Sq Ft
Source: Brooklyn Board of REALTORS®

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 $11,555 $128,400 $25,260 $103,140
2024 $11,555 $101,400 $25,260 $76,140
2023 $11,683 $105,300 $25,260 $80,040
2022 $11,274 $97,380 $25,260 $72,120
2021 $11,212 $97,140 $25,260 $71,880
2020 $8,409 $92,640 $25,260 $67,380
2019 $10,029 $92,640 $25,260 $67,380
2016 $8,875 $44,397 $16,085 $28,312
2015 $5,355 $41,886 $17,724 $24,162
2014 $5,355 $39,950 $14,371 $25,579
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 464338

Brooklyn Board of REALTORS®

APN: 06713-0019