NOT LISTED FOR SALE

Estimated Value: $1,532,000 - $2,441,000

5 Beds
2 Baths
2,900 Sq Ft
$684/Sq Ft Est. Value

Last Sold May 13, 2015

Last sale price $650,000 $224 Per Sq Ft

Est. 205% increase in value since last sale

Current estimated payment $11,251/month

247 Days on Market

About This Home

As of May 2015

Located between Lexington Ave & Quincy St, on Malcolm X Blvd, offered is a 20'+/- wide, 2900+/- square foot, 9 room single family brownstone having 5 bedrooms and 2.5 bathrooms. The ground floor has a living room, large windowed eat-in kitchen, a powder room, a large storage area in the rear extension, access to the rear yard, and interior stairs to a full cellar. The parlor floor above offers and entertaining salon in the front, a dining room in the rear parlor, a full bathroom, and a bedroom or office in the rear extension. Finally, the third floor has 4 bedrooms and a full bathroom. In need of renovation. 3 blocks on Quincy St to the J & Z trains at Gates Ave and Broadway. 8 blocks from the A & C trains at Malcolm X Blvd and Utica Ave. Take the B46 limited bus at Malcolm X Blvd and Quincy St to the A train at Utica Ave. B52 bus at Malcolm X Blvd and Gates Ave travels to downtown Brooklyn.

Last Agent to Sell the Property

Brian Phillips

Douglas Elliman Real Estate License #30PH0866302 Listed on: 08/07/2014

Douglas Elliman Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,329

Year Built

  • Built in 1910

Lot Details

  • Garden

Home Design

  • Pre War Building

Interior Spaces

  • 2,900 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Community Details

  • Bed Stuy Subdivision

Listing and Financial Details

  • Tax Block 1627

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,329

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Cross Street: Lexington Ave and Quincy St
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: BED-STUY
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Living Area: 2900.0
  • Living Area Units: Square Feet
  • Rooms (Total): 9

Beds/Baths

  • Bathrooms Integer: 2
  • Bedrooms: 5

Exterior Features

  • Exterior Features: Garden

Fee Information

  • Annual Water Sewer Expense: 600.0

Building Info

  • Units: 1
  • Total Stories: 3
  • Year Built: 1910

Tax Info

  • Tax Block: 1627

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 2, 2016
Sold by
Drakos Elena
Bought by
Malcolm 111 Llc
Current Estimated Value
$1,983,381

Purchase Details

Closed on
Mar 18, 2016
Sold by
Ay Malcolm X Blvd Llc
Bought by
Drakos Elena and Molet Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 7, 2014
Closed on
May 13, 2015
Sold by
Canton Carolyn
Bought by
Ay Malcolm X Blvd Llc
Seller's Agent
Brian Phillips
Douglas Elliman Real Estate
List Price
$800,000
Sold Price
$650,000
Premium/Discount to List
-$150,000
-18.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.22%
Original Mortgage
$525,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2007
Sold by
Turner Carolyn
Bought by
Canton Leroy and Turner Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,712
Interest Rate
6.14%

Purchase Details

Closed on
Aug 18, 2004
Sold by
Wells Christopher
Bought by
Turner Carolyn D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage
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
Malcolm 111 Llc -- --
Drakos Elena $1,595,000 --
Ay Malcolm X Blvd Llc $650,000 --
Canton Leroy -- --
Turner Carolyn D $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Drakos Elena $800,000
Previous Owner Ay Malcolm X Blvd Llc $525,000
Previous Owner Canton Leroy B $187,712
Previous Owner Turner Carolyn D $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2015 05/13/15 Sold $650,000 -18.8% $224 / Sq Ft
04/13/2015 04/13/15 Pending -- -- --
08/08/2014 08/08/14 For Sale $800,000 -- $276 / 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 $5,329 $127,380 $22,020 $105,360
2024 $5,329 $104,280 $22,020 $82,260
2023 $5,286 $110,700 $22,020 $88,680
2022 $4,902 $92,760 $22,020 $70,740
2021 $4,876 $101,700 $22,020 $79,680
2020 $2,391 $87,420 $22,020 $65,400
2019 $4,625 $77,700 $22,020 $55,680
2018 $4,476 $21,959 $6,525 $15,434
2017 $4,331 $21,244 $9,957 $11,287
2016 $2,580 $12,906 $6,427 $6,479
2015 $1,149 $11,370 $6,420 $4,950
2014 $1,149 $10,747 $6,907 $3,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10060510

Real Estate Board of New York (REBNY)

APN: 01627-0007