NOT LISTED FOR SALE

Estimated Value: $756,520 - $824,000

3 Beds
1.5 Baths
1,530 Sq Ft
$518/Sq Ft Est. Value

Last Sold October 30, 2021

Last sale price $720,000 $471 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,725/month

10 Days on Market

Highlights

  • Pre War Building
  • Eat-In Kitchen
  • Window Unit Cooling System
  • Den

About This Home

As of October 2021

Welcome to 1042 East 42nd St. This beautiful townhouse is an absolute gem. It is renovated with a full finished basement. Walk in to the spacious living room attached to a den. High ceilings and tons of light. As you walk you enter into the dinning room you will see it is perfect for entertaining during the holidays. Continue on and you enter in a good size eat in kitchen. Upstairs you have 3 king sized bedroom. Each room has high ceilings and windows for maximum light. Located in the East Flatbush section of Brooklyn. You are near all Flatbush Junction which has a Target and Home Goods. A short ride will take you to Kings Plaza. Let me know when you would like to take a look at this beautiful home

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,637

Year Built

  • Built in 1920

Home Design

  • Pre War Building

Interior Spaces

  • 2-Story Property
  • Den
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System

Community Details

  • Flatlands Subdivision

Listing and Financial Details

  • Tax Block 7767

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,637

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Cross Street: AVENUE I and AVENUE J
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Flatlands
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Features: Den, Separate/Formal Dining Room, Eat-in Kitchen
  • Appliances: Dryer, Washer
  • Dining Room Type: Den

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathrooms Integer: 2
  • Bedrooms: 3

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes

Building Info

  • Units: 1
  • Total Stories: 2
  • Year Built: 1920

Tax Info

  • Tax Block: 7767

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2021
Closed on
Dec 16, 2021
Sold by
Desamour As To Junior Roland
Bought by
Abraham Makeda and Barton-Richardson Olatunji
List Price
$750,000
Sold Price
$720,000
Premium/Discount to List
-$30,000
-4%
Current Estimated Value
$793,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,130
Avg. Annual Appreciation
2.44%
Original Mortgage
$684,000
Outstanding Balance
$627,892
Interest Rate
3.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$165,238

Purchase Details

Closed on
Sep 1, 2010
Sold by
Simon Emilie
Bought by
Desamour Farrah and Desamour Junior Roland

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,912
Interest Rate
4.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 7, 2005
Sold by
Simon Emilie
Bought by
Campbell Holder As T 'Ee Of The E Simon

Purchase Details

Closed on
Mar 1, 1997
Sold by
Simon Renel and Simon Emilie
Bought by
Simon Emilie
Source: Public Records

Range of Values:

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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
Abraham Makeda $720,000 --
Abraham Makeda $720,000 --
Desamour Farrah $413,400 --
Desamour Farrah $413,400 --
Campbell Holder As T 'Ee Of The E Simon -- --
Campbell Holder As T 'Ee Of The E Simon -- --
Simon Emilie -- --
Simon Emilie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abraham Makeda $684,000
Closed Abraham Makeda $684,000
Previous Owner Desamour Farrah $405,912
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2021 10/30/21 Sold $720,000 -4.0% $471 / Sq Ft
10/19/2021 10/19/21 For Sale $750,000 -- $490 / 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 $6,637 $38,220 $8,820 $29,400
2024 $6,637 $41,700 $8,820 $32,880
2023 $6,549 $41,880 $8,820 $33,060
2022 $6,094 $35,700 $8,820 $26,880
2021 $6,424 $32,580 $8,820 $23,760
2020 $3,053 $39,300 $8,820 $30,480
2019 $5,760 $43,440 $8,820 $34,620
2018 $5,478 $26,872 $6,290 $20,582
2017 $5,185 $25,437 $7,554 $17,883
2016 $5,085 $25,437 $7,463 $17,974
2015 $2,894 $24,322 $8,058 $16,264
2014 $2,894 $22,947 $7,712 $15,235
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10746760

Real Estate Board of New York (REBNY)

APN: 07767-0057