NOT LISTED FOR SALE

Estimated Value: $725,000 - $825,000

5 Beds
2.5 Baths
1,585 Sq Ft
$491/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $800,000 $505 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $4,557/month

67 Days on Market

About This Home

As of May 2023

Check this Renovated 2-Family OUT! Start collecting rent immediately! This renovated brick 2 family is located in a quiet residential area. Each floor has new modern kitchens with quartz counter tops, large island and beautiful floors. The first floor has a half bathroom in the main bedroom in addition to a full bathroom. There is a walk-in closet in one of the second floor bedrooms. This house has a new roof, new plumbing, new kitchens, bathrooms and more! The house has individual boilers and individual hot water tanks! Buy with confidence!

Last Agent to Sell the Property

Donovan Bailey

Coldwell Banker American Homes License #10401275516 Listed on: 02/07/2023

Coldwell Banker American Homes

Last Buyer's Agent

Non Member

NonMember

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,059

Year Built

  • Built in 1960 | Remodeled in 2023

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20x100
  • Two or More Common Walls

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • Private Parking
  • Driveway

Schools

  • Ps 109 Middle School
  • Brooklyn College Academy High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cooking gas, electricity, heat
  • Legal Lot and Block 51 / 8250
  • Assessor Parcel Number 08250-0051

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,059

Year Built

Built in 1960 | Remodeled in 2023

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Year Built: 1960
  • New Construction: No
  • Year Built Effective: 2023
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2023

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: None
  • Total Bedrooms: 5
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Private, Driveway

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: None
  • Hot Water: Gas Stand Alone

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Ps 109

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 20x100
  • Lot Size Sq Ft: 2000
  • Lot Size Units: Acres
  • Parcel Number: 08250-0051
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No
  • Tenant Pays: Cooking Gas, Electricity, Heat

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf2Bedrooms: 1
  • NumberOf3Bedrooms: 1

Tax Info

  • Tax Annual Amount: 5059
  • Tax Block: 8250
  • Tax Lot: 51
  • Tax Map Number: 08250-0051

MLS Schools

  • High School: Brooklyn College Academy
  • Middle School District: Brooklyn 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2023
Closed on
May 31, 2023
Sold by
Flny Capital Llc
Bought by
Lamarre Ketmyl
Seller's Agent
Donovan Bailey
Coldwell Banker American Homes
Buyer's Agent
Non Member
NonMember
List Price
$799,000
Sold Price
$800,000
Premium/Discount to List
$1,000
0.13%
Views
393
Current Estimated Value
$778,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,028
Avg. Annual Appreciation
-1.10%
Original Mortgage
$785,000
Outstanding Balance
$764,162
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$14,810

Purchase Details

Closed on
Oct 17, 2022
Sold by
Sedenu Ehiarekhian and Sedenu Ehimen
Bought by
Flny Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 7, 2022
Sold by
Sedenu Deceased Florence and Sedenu Sedenu
Bought by
Sedenu Ehiarekhian and Sedenu Ehimen
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
Lamarre Ketmyl $800,000 --
Flny Capital Llc $400,000 --
Sedenu Ehiarekhian -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lamarre Ketmyl $785,000
Previous Owner Flny Capital Llc $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2023 05/31/23 Sold $800,000 +0.1% $505 / Sq Ft
04/15/2023 04/15/23 Pending -- -- --
02/07/2023 02/07/23 For Sale $799,000 -- $504 / Sq Ft
Source: OneKey® MLS

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 $5,657 $45,660 $7,860 $37,800
2024 $5,657 $38,100 $7,860 $30,240
2023 $5,677 $46,380 $7,860 $38,520
2022 $4,718 $37,080 $7,860 $29,220
2021 $3,755 $33,840 $7,860 $25,980
2020 $3,755 $32,460 $7,860 $24,600
2019 $3,581 $35,880 $7,860 $28,020
2018 $4,451 $23,294 $6,165 $17,129
2017 $4,180 $21,976 $5,483 $16,493
2016 $3,835 $20,733 $6,173 $14,560
2015 $2,566 $19,560 $8,700 $10,860
2014 $2,566 $19,560 $8,700 $10,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3457248

OneKey® MLS

APN: 08250-0051