NOT LISTED FOR SALE

1037 E 85th St Brooklyn, NY 11236

Canarsie Neighborhood

Estimated Value: $853,584 - $1,168,000

-- Bed
-- Bath
2,840 Sq Ft
$355/Sq Ft Est. Value

Last Sold November 26, 2019

Last sale price $835,000 $294 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,882/month

110 Days on Market

About This Home

As of November 2019

2 Family Brick with finished basement. 1st floor 3 bedrooms - 2 bathrooms beautiful den 2nd floor 2 bedrooms 1 bathroom2 car indoor garage1st floor terrace

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Parking

  • Garage

Additional Features

  • 3-Story Property
  • Lot Dimensions are 104.0 x 20.0

Community Details

  • 2 Units
  • Canarsie Subdivision

Listing and Financial Details

  • Legal Lot and Block 0024 / 8037

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Cross Street: Avenue J & avenue K
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Canarsie
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Garage/Parking

  • Garage: Yes

Lot Info

  • Lot Size Dimensions: 104.0 x 20.0

Building Info

  • Units: 2
  • Total Stories: 3
  • Year Built: 1970

Tax Info

  • Tax Block: 8037
  • Tax Lot: 0024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2019
Closed on
Nov 26, 2019
Sold by
Ferguson Sheond
Bought by
Castle Lucy and Earlin Castle Menova
List Price
$880,000
Sold Price
$835,000
Premium/Discount to List
-$45,000
-5.11%
Current Estimated Value
$1,007,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,146
Avg. Annual Appreciation
3.12%
Original Mortgage
$819,876
Outstanding Balance
$723,420
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$283,726

Purchase Details

Closed on
Aug 26, 2015
Sold by
Benjamin Sheryl A
Bought by
Ferguson Sheond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,697
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2015
Sold by
Benjamin Sheryl
Bought by
Benjamin Sheryl A

Purchase Details

Closed on
Sep 7, 2004
Sold by
Mcdonald David
Bought by
Benjamin Sheryl and King Lillieth

Purchase Details

Closed on
Oct 12, 1995
Sold by
Amarando Carl
Bought by
Mcdonald David and Mcdonald Yvonne
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Castle Lucy $835,000 --
Ferguson Sheond $624,000 --
Benjamin Sheryl A -- --
Benjamin Sheryl $480,000 --
Mcdonald David $255,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castle Lucy $819,876
Previous Owner Ferguson Sheond $612,697
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2019 11/26/19 Sold $835,000 -5.1% $294 / Sq Ft
10/27/2019 10/27/19 Pending -- -- --
07/08/2019 07/08/19 For Sale $880,000 -- $310 / 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 $7,445 $65,340 $11,100 $54,240
2024 $7,445 $51,600 $11,100 $40,500
2023 $7,471 $55,200 $11,100 $44,100
2022 $6,928 $46,680 $11,100 $35,580
2021 $6,890 $36,900 $11,100 $25,800
2020 $3,231 $43,740 $11,100 $32,640
2019 $6,462 $43,740 $11,100 $32,640
2018 $5,896 $30,656 $8,010 $22,646
2017 $5,896 $28,921 $8,244 $20,677
2016 $5,454 $27,284 $8,718 $18,566
2015 $4,203 $25,740 $9,240 $16,500
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10575468

Real Estate Board of New York (REBNY)

APN: 08037-0024

New York Kings County Brooklyn 11236 Canarsie

1037 E 85th St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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