NOT LISTED FOR SALE

116 Sheridan Ave Brooklyn, NY 11208

East New York Neighborhood

Estimated Value: $820,584

6 Beds
2.5 Baths
1,848 Sq Ft
$444/Sq Ft Est. Value

Sale Details

Date Sold: August 28, 2012

Last sale price $260,000 $141 Per Sq Ft

Est. 216% increase in value since last sale

Current estimated payment $5,070 / mo

2 Days on Market

Highlights

  • Colonial Architecture
  • 5-minute walk to Grant Avenue
  • Hot Water Heating System
  • Formal Dining Room
  • Eat-In Kitchen

About This Home

As of August 2012

Attached 2 Family Brick

Last Agent to Sell the Property

Khemraj Paul

Jaikaran Realty Corp Brokerage Phone: 718-848-7000 License #10401217732 Listed on: 07/27/2012

Co-Listed By

Moniram Manbode

Valley National Homes Inc Brokerage Phone: 718-848-7000 License #40MA0985064

Last Buyer's Agent

Khemraj Paul

Jaikaran Realty Corp Brokerage Phone: 718-848-7000 License #10401217732 Listed on: 07/27/2012

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,200

Year Built

  • Built in 1950

Lot Details

  • 1,876 Sq Ft Lot
  • Lot Dimensions are 18 x 100
  • Two or More Common Walls

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Formal Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven

Bedrooms and Bathrooms

  • 6 Bedrooms

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Dishwasher,Dryer,Washer
  • Legal Lot and Block 41 / 4181
  • Assessor Parcel Number 04181-0041

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,200

Year Built

Built in 1950

Lot Details

1,876 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Property Condition: Fair
  • Exclusions: Dishwasher,Dryer,Washer
  • Year Built: 1950
  • New Construction: No
  • Attribution Contact: 718-848-7000
  • Co List Office Mls Id: ONEMKH01
  • Co List Office Phone: 718-848-7000
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven, Refrigerator
  • Interior Amenities: Eat-in Kitchen, Formal Dining
  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Finished, Full
  • Inclusions: Refrigerator
  • Total Bedrooms: 6
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Attached Garage: No
  • Garage: No

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Hot Water, Natural Gas
  • Sewer: Sewer
  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 18 X 100
  • Lot Size Sq Ft: 1876
  • Parcel Number: 04181-0041
  • Property Attached: Yes

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2

Tax Info

  • Tax Annual Amount: 3200
  • Tax Block: 4181
  • Tax Lot: 41
  • Tax Map Number: 04181-0041

MLS Schools

  • Middle School District: Brooklyn 19

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2013
Sold by
116 Sheridan Avenue Corp
Bought by
Current Estimated Value
$820,584

Purchase Details

Listed on
Jul 27, 2012
Closed on
Aug 28, 2012
Sold by
Wilson Andrea and Wilson Raymond I
Bought by
116 Sheridan Avenue Corp
Seller's Agent
Khemraj Paul
Jaikaran Realty Corp
Buyer's Agent
Khemraj Paul
Jaikaran Realty Corp
List Price
$249,000
Sold Price
$260,000
Premium/Discount to List
$11,000
4.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.51%

Purchase Details

Closed on
May 24, 2007
Sold by
Racktoo Kenneth
Bought by
Wilson Andrea and Wilson Raymond I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$522,000
Interest Rate
6.17%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in East New York, NY

  • Mohammed Karim Real Estate Agent - Exit Realty Prime

    Mohammed Karim

    Exit Realty Prime

    (646) 551-0922

    64 Total Sales

    1 in East New York

    $570,000 Price

    Mohammed Karim
     Section Image
  • Savitri Richardson Real Estate Agent - SLR REAL ESTATE

    Savitri Richardson

    SLR REAL ESTATE

    (844) 599-0493

    4 Total Sales

    1 in East New York

    $312,700 Price

    Savitri Richardson
     Section Image
  • Lisa James Real Estate Agent - Corcoran Group

    Lisa James

    Corcoran Group

    (551) 888-3217

    25 Total Sales

    1 in East New York

    $950,000 Price

    Lisa James
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  • Carlos Delgado Real Estate Agent - Keller Williams Landmark II

    Carlos Delgado

    Keller Williams Landmark II

    (347) 802-9380

    26 Total Sales

    1 in East New York

    $340,000 Price

    Carlos Delgado
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  • Mercedes Keating Real Estate Agent - Triangle Premier Advisors Grp

    Mercedes Keating

    Triangle Premier Advisors Grp

    (833) 570-7371

    16 Total Sales

    1 in East New York

    $960,000 Price

    Mercedes Keating
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  • Joel Ayala Real Estate Agent - HomeSmart Homes & Estates

    Joel Ayala

    HomeSmart Homes & Estates

    (855) 626-0401

    75 Total Sales

    1 in East New York

    $555,000 Price

    Joel Ayala
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$515,000 --
116 Sheridan Avenue Corp $260,000 --
Wilson Andrea $583,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $522,000
Closed Racktoo Kenneth $310,000
Closed Racktoo Kenneth $240,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/28/2012 08/28/12 Sold $260,000 +4.4% $141 / Sq Ft
07/30/2012 07/30/12 Pending -- -- --
07/27/2012 07/27/12 For Sale $249,000 -- $135 / Sq Ft
Source: OneKey® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $5,261 $51,060 $4,080 $46,980
2025 $4,963 $52,980 $4,080 $48,900
2024 $4,963 $52,620 $4,080 $48,540
2023 $4,913 $49,380 $4,080 $45,300
2022 $4,829 $40,440 $4,080 $36,360
2021 $4,869 $40,800 $4,080 $36,720
2020 $3,438 $35,520 $4,080 $31,440
2019 $4,308 $35,520 $4,080 $31,440
2018 $4,217 $20,160 $2,376 $17,784
2017 $4,110 $20,160 $2,319 $17,841
2016 $3,854 $19,280 $2,832 $16,448
2015 $2,466 $18,189 $3,023 $15,166
Source: Public Records

Agents Affiliated with this Home

  • KP

    Seller's Agent in 2012

    Khemraj Paul

    Jaikaran Realty Corp

    Section Image

  • MM

    Seller Co-Listing Agent in 2012

    Moniram Manbode

    Valley National Homes Inc

  • Moe Khan Real Estate Agent - Valley National Homes Inc

    Buyer Co-Listing Agent in 2012

    Moe Khan

    Valley National Homes Inc

    (646) 772-8290

    6 Total Sales

    Moe Khan
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY2514994

OneKey® MLS

APN: 04181-0041

New York Kings County Brooklyn 11208 East New York

116 Sheridan Ave, Brooklyn, NY

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Based on information submitted to the MLS GRID
Listings courtesy of OneKey® MLS as distributed by MLS GRID

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