NOT LISTED FOR SALE

1039 E 5 St Brooklyn, NY 11230

Midwood Neighborhood

Estimated Value: $2,033,267 - $4,540,000

3 Beds
2 Baths
1,370 Sq Ft
$2,130/Sq Ft Est. Value

Last Sold June 27, 2019

Last sale price $990,000 $723 Per Sq Ft

Est. 195% increase in value since last sale

Current estimated payment $16,508/month

Highlights

  • Back, Front, and Side Yard
  • 4-minute walk to Avenue I
  • Tile Flooring
  • P.S. 121 Nelson A Rockefeller Rated A-
  • Cooling Available
  • Brick Front

About This Home

As of June 2019

MIDWOOD-1 FAMILY SEMI-DETACHED DUPLEX PLUS FINISHED BASEMENT, 3 BEDROOMS, 2 FULL BATHS, GAS HEAT & HOT WATER, LARGE PRIVATE YARD, SHARED DRIVE WITH 4 CAR PARKING, SUPER HOT LOCATION CLOSE TO ALL SHOPPING, HOUSES OF WORSHIP AND TRANSPORTATION, MAKE THIS ONE YOUR DREAM HOME, NEIGHBOR EXTENDED OVER 20 FEET (VERIFY WITH ARCHITECT IF YOU COULD DO THE SAME), HOUSE SIZE 16'X40', LOT 24'X100', YEAR BUILT 1925, TAXES $5,836

Last Agent to Sell the Property

Anthony Mussolino

Ben Bay Realty Co of Bay Ridge Listed on: 03/27/2019

Last Buyer's Agent

Anthony Mussolino

Ben Bay Realty Co of Bay Ridge Listed on: 03/27/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,836

Year Built

  • Built in 1925

Lot Details

  • 2,400 Sq Ft Lot
  • Lot Dimensions are 100 x 24
  • Back, Front, and Side Yard
  • Property is zoned R3-1

Home Design

  • Poured Concrete
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Brick Front
  • Stucco Exterior

Interior Spaces

  • 1,370 Sq Ft Home
  • 2-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Stove
  • Washer

Flooring

  • Parquet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Shared Driveway

Utilities

  • Cooling Available
  • Heating System Uses Steam
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Tax Block 6518

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,836

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full
  • Total Bathrooms: 2.00
  • Baths Total Level2: 1.00
  • Borough: Brooklyn
  • Building Length: 40.00
  • Building Width: 16.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue I
  • Cross Street Name2: Bay Parkway
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 1
  • Parking Attributes: 4 Spaces
  • Parking Feature Single: Shared Drive
  • Property Sub Type: Single Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Wall, Laundry Area, Refrigerator, Stove, Washer
  • Fill Sq Ft Total: 1370
  • Building Stories: 2
  • Street Name I D X: 5
  • Building Style: Duplex
  • Waterfront Present: No
  • Year Built: 1925
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Parquet, Tile
  • Lot Sq Ft: 2400

Exterior Features

  • Yard: Back, Front, Side
  • Exterior Building Type: Semi-Detached
  • Construction Type: Wood Frame
  • Exterior: Brick Face, Stucco
  • Foundation Details: Poured Concrete
  • Lot Number: 55
  • Roof: Pitched, Shingle

Utilities

  • Air Conditioning Units: 1
  • Electric: Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 24
  • Zoning: R3-1

Tax Info

  • Flip Tax Amount: 5836.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2019
Closed on
Jun 27, 2019
Sold by
Nat Pitti As Trustee and Natale Pitti As Trustee
Bought by
Braha Albert and Braha Sarah
Seller's Agent
Anthony Mussolino
Ben Bay Realty Co of Bay Ridge
Buyer's Agent
Anthony Mussolino
Ben Bay Realty Co of Bay Ridge
Sold Price
$990,000
Current Estimated Value
$2,917,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,927,567
Avg. Annual Appreciation
18.09%
Original Mortgage
$792,000
Outstanding Balance
$693,485
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,224,082

Purchase Details

Closed on
Apr 7, 2013
Sold by
Pitti Nancy and Pitti Nat
Bought by
Nat Pitti As Trustee and Pitti Family Irrevocable Trust

Purchase Details

Closed on
Jan 10, 2005
Sold by
Pitti Nancy Mrs and Pitti Peter Mr
Bought by
Pitti Nancy Mrs and Pitti Nat Mr
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
Braha Albert $990,000 --
Braha Albert $990,000 --
Braha Albert $990,000 --
Nat Pitti As Trustee -- --
Nat Pitti As Trustee -- --
Pitti Nancy Mrs -- --
Pitti Nancy Mrs -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Braha Albert $792,000
Closed Braha Albert $792,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2019 06/27/19 Sold $990,000 -- $723 / Sq Ft
03/27/2019 03/27/19 Pending -- -- --
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 $14,663 $135,000 $18,540 $116,460
2024 $14,663 $129,060 $18,540 $110,520
2023 $7,771 $97,200 $18,540 $78,660
2022 $5,407 $80,640 $18,540 $62,100
2021 $7,601 $75,000 $18,540 $56,460
2020 $3,733 $75,900 $18,540 $57,360
2019 $6,752 $65,760 $18,540 $47,220
2018 $6,202 $31,886 $8,860 $23,026
2017 $5,836 $30,097 $7,328 $22,769
2016 $5,707 $30,097 $9,893 $20,204
2015 $3,205 $29,733 $14,653 $15,080
2014 $3,205 $28,066 $13,426 $14,640
Source: Public Records

Agents Affiliated with this Home

  • Anthony Mussolino

    Seller's Agent in 2019

    Anthony Mussolino

    Ben Bay Realty Co of Bay Ridge

    (718) 836-6504

    131 Total Sales

    Anthony Mussolino
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 428493

Brooklyn Board of REALTORS®

APN: 06518-0055

New York Kings County Brooklyn 11230 Midwood

1039 E 5 St, Brooklyn, NY

Not Listed for Sale

Detached

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