1061 E 40th St Brooklyn, NY 11210
Flatlands NeighborhoodEstimated Value: $702,509 - $1,014,000
3
Beds
2
Baths
736
Sq Ft
$1,182/Sq Ft
Est. Value
Highlights
- Pre War Building
- Community Garden
- Garage
About This Home
As of October 2016This charming completely detached home is ready for your creativity and vision to return it to its former glory. This 2 family is currently being used as a one family. Located on a beautiful tree line block in East Flatbush, The home features a Large Living Room, Spacious Formal Dining Room, Den, Eat-In-Kitchen driveway and garage with private backyard perfect for gardening and entertaining. There is a separate entrance leading to an unfinished in-law basement suite. Will not last!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,958
Year Built
- Built in 1920
Lot Details
- Lot Dimensions are 26.0 x 100.0
Parking
- Garage
Home Design
- Pre War Building
Interior Spaces
- 736 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Community Details
- Flatlands Subdivision
- Community Garden
Listing and Financial Details
- Legal Lot and Block 36 / 7766
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 22, 2016
Closed on
Oct 21, 2016
Sold by
Estate Of Ezekiel Foster
Bought by
Balogun Lola
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,142
Outstanding Balance
$416,727
Interest Rate
3.44%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$453,150
Purchase Details
Closed on
Dec 6, 2007
Sold by
Foster Ezekiel
Bought by
Foster Ezekiel
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Balogun Lola | $578,000 | -- | |
| Foster Ezekiel | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Balogun Lola | $520,142 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/26/2016 10/26/16 | Sold | -- | -- | -- |
| 09/26/2016 09/26/16 | Pending | -- | -- | -- |
| 03/22/2016 03/22/16 | For Sale | -- | -- | -- |
Source: Real Estate Board of New York (REBNY)
Tax History Compared to Growth
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 | $6,958 | $36,960 | $10,440 | $26,520 |
| 2024 | $6,958 | $35,280 | $10,440 | $24,840 |
| 2023 | $6,638 | $42,840 | $10,440 | $32,400 |
| 2022 | $6,525 | $37,200 | $10,440 | $26,760 |
| 2021 | $6,826 | $34,020 | $10,440 | $23,580 |
| 2020 | $3,201 | $34,920 | $10,440 | $24,480 |
| 2019 | $6,039 | $35,820 | $10,440 | $25,380 |
| 2018 | $5,552 | $27,237 | $7,546 | $19,691 |
| 2017 | $5,552 | $27,237 | $8,242 | $18,995 |
| 2016 | $2,081 | $27,031 | $9,186 | $17,845 |
| 2015 | $1,111 | $25,501 | $8,589 | $16,912 |
| 2014 | $1,111 | $24,058 | $9,305 | $14,753 |
Source: Public Records
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10065033
APN: 07766-0036
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