NOT LISTED FOR SALE

111 Lama Ct Brooklyn, NY 11223

Gravesend Neighborhood

Estimated Value: $1,001,000 - $1,102,775

5 Beds
3 Baths
3,024 Sq Ft
$353/Sq Ft Est. Value

Last Sold August 04, 2020

Last sale price $790,000 $261 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $6,556/month

Highlights

  • Wood Flooring
  • 3-minute walk to Avenue U (F Line)
  • Baseboard Heating
  • P.S. 95 - The Gravesend Rated A-
  • Detached Garage
  • Back and Front Yard

About This Home

As of August 2020

great location,great price, needs renovation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,538

Year Built

  • Built in 1920

Lot Details

  • 2,076 Sq Ft Lot
  • Lot Dimensions are 23 x 90
  • Irregular Lot
  • Back and Front Yard

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Finished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • Detached Garage
  • Shared Driveway

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • 100 Amp Service

Community Details

Overview

  • 2 Units

Building Details

  • 2 Vacant Units
  • Fuel Expense $2,100
  • Utility Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,538

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Basement Amenities: Finished
  • Total Bathrooms: 3.00
  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: van sicklin
  • Handicap Access Y N U: No
  • Heat Delivery: Baseboard
  • Negotiate Thru: Broker
  • Number Of Available Units: 2
  • Number Of Families: 2
  • Parking Attributes: Detached Garage
  • Parking Feature Single: Shared Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: None
  • Building Stories: 2
  • Street Name I D X: Lama
  • Street Number I D X: 111
  • Building Style: Other
  • Year Built: 1920
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 3
  • Total Bedrooms: 5
  • Flooring: Hardwood
  • Lot Sq Ft: 2076

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Block
  • Roof: Asphalt/Tar

Utilities

  • Air Conditioning Units: 0
  • Electric: Circuit Breakers, 100 Amp
  • Heating Fuel: Oil
  • Hot Water: Hot Water Coil in Boiler

Fee Information

  • Annual Fuel Expense: 2100.00

Lot Info

  • Lot Dimensions: 23 x 90
  • Lot Size Irregular: Yes
  • Lot Size Length: 89
  • Lot Size Width: 23

Rental Info

  • Rent Income: 875
  • Tenant Monthly Rent: 875.00

Tax Info

  • Flip Tax Amount: 6538.00

Multi Family

  • Unit Count: 2
  • Annual Utility Expenses: 1200.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2020
Closed on
Aug 6, 2020
Sold by
Eugene Digirolamo As Trustee
Bought by
Lam Kam
Sold Price
$790,000
Current Estimated Value
$1,068,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,694
Avg. Annual Appreciation
6.74%
Original Mortgage
$624,000
Outstanding Balance
$557,254
Interest Rate
3%
Mortgage Type
Unknown
Estimated Equity
$540,973
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
Lam Kam $780,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lam Kam $624,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2020 08/04/20 Sold $790,000 -- $261 / Sq Ft
05/06/2020 05/06/20 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 $8,796 $61,020 $12,540 $48,480
2024 $8,796 $68,940 $12,540 $56,400
2023 $8,557 $78,180 $12,540 $65,640
2022 $7,982 $76,080 $12,540 $63,540
2021 $7,963 $58,740 $12,540 $46,200
2020 $5,972 $59,940 $12,540 $47,400
2019 $3,047 $59,940 $12,540 $47,400
2018 $6,371 $35,112 $9,004 $26,108
2017 $6,199 $33,321 $6,895 $26,426
2016 $2,384 $31,530 $7,522 $24,008
2015 $1,371 $31,524 $9,598 $21,926
2014 $1,371 $30,412 $8,542 $21,870
Source: Public Records

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 437866

Brooklyn Board of REALTORS®

APN: 07122-0086

New York Kings County Brooklyn 11223 Gravesend

111 Lama Ct, Brooklyn, NY

This home is located at 111 Lama Ct, Brooklyn, NY 11223 since 06 May 2020 and is currently estimated at $1,068,694, approximately $353 per square foot. This property was built in 1920. 111 Lama Ct is a home located in Kings County with nearby schools including P.S. 95 - The Gravesend, Is 228 David A Boody, and Coney Island Preparatory Public Charter School.

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Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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