NOT LISTED FOR SALE

Estimated Value: $737,789 - $908,000

5 Beds
2 Baths
1,440 Sq Ft
$585/Sq Ft Est. Value

Last Sold February 21, 2020

Last sale price $710,000 $493 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,884/month

20 Days on Market

Highlights

  • Colonial Architecture
  • 1 Car Detached Garage
  • Hot Water Heating System
  • Formal Dining Room
  • Eat-In Kitchen

About This Home

As of February 2020

This home is located at 1218 E 87th St, Brooklyn, NY 11236 since 27 September 2019 and is currently estimated at $842,947, approximately $585 per square foot. This property was built in 1935. 1218 E 87th St is a home located in Kings County with nearby schools including P.S. 115 Daniel Mucatel School, Is 68 Isaac Bildersee, and Explore Excel Charter School.

Last Agent to Sell the Property

Linh Ho

Liberty Chateau Realty Inc License #10311202069 Listed on: 09/27/2019

Co-Listed By

Nicholas Ho

Liberty Chateau Realty Inc License #10401241281

Last Buyer's Agent

Rob Travieso

Rotrado Homes Realty Inc License #10311209151

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,871

Year Built

  • Built in 1935

Lot Details

  • 3,300 Sq Ft Lot
  • Lot Dimensions are 33x100
  • No Common Walls

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture

Interior Spaces

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

Kitchen

  • Eat-In Kitchen
  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Oil

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Dryer,Washer
  • Legal Lot and Block 48 / 8065

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,871

Year Built

Built in 1935

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Property Condition: Excellent
  • Exclusions: Dryer,Washer
  • Building Size: 20x32
  • Year Built: 1935
  • New Construction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Oven, Refrigerator
  • Interior Amenities: Eat-in Kitchen, Formal Dining Room
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Full, Unfinished
  • Inclusions: Dishwasher, Refrigerator
  • Total Bedrooms: 5
  • Kitchens: 2

Exterior Features

  • Flood Zone Date: 2019-09-30
  • Flood Zone Report: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Description: Private, Detached, 1 Car Detached

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Hot Water, Oil

Condo/Co-op/Association

  • Senior Community: No

Schools

  • School District Number: 18

Lot Info

  • Lot Size Acres: 0.0800
  • Lot Dimensions: 33x100
  • Lot Size Sq Ft: 3300.00
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2020-02-21
  • Tax Annual Amount: 4871.00
  • Tax Block: 8065
  • Tax Lot: 48

Multi Family

  • Units Total: 2

MLS Schools

  • Middle School District: Brooklyn 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2019
Closed on
Feb 21, 2020
Sold by
Wilmington Savings Fund Society
Bought by
Grullon Ana M and Tapia Ygnacio D
Seller's Agent
Linh Ho
Liberty Chateau Realty Inc
Buyer's Agent
Rob Travieso
Rotrado Homes Realty Inc
List Price
$699,900
Sold Price
$710,000
Premium/Discount to List
$10,100
1.44%
Current Estimated Value
$842,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,947
Avg. Annual Appreciation
2.98%
Original Mortgage
$686,303
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 27, 2019
Closed on
Feb 18, 2020
Sold by
Bayview Loan Servicing Llc
Bought by
Wilmington Savings Fund Society Fsb As T
Seller's Agent
Linh Ho
Liberty Chateau Realty Inc
Buyer's Agent
Rob Travieso
Rotrado Homes Realty Inc
List Price
$699,900
Sold Price
$710,000
Premium/Discount to List
$10,100
1.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$686,303
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2018
Sold by
Lugo Betty Esq
Bought by
Bayview Loan Servicing Llc

Purchase Details

Closed on
Oct 4, 2004
Sold by
Lipchik Jennifer and Lipchik Martin
Bought by
Morales Pedro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
5.8%
Source: Public Records

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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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
Grullon Ana M $710,000 --
Grullon Ana M $710,000 --
Wilmington Savings Fund Society Fsb As T -- --
Wilmington Savings Fund Society Fsb As T -- --
Bayview Loan Servicing Llc $559,807 --
Bayview Loan Servicing Llc $559,807 --
Morales Pedro $450,000 --
Morales Pedro $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grullon Ana M $686,303
Previous Owner Morales Pedro $67,500
Previous Owner Morales Pedro $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2020 02/21/20 Sold $710,000 +1.4% $493 / Sq Ft
10/17/2019 10/17/19 Pending -- -- --
09/27/2019 09/27/19 For Sale $699,900 -- $486 / 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 $5,613 $44,580 $12,600 $31,980
2024 $5,613 $37,320 $12,600 $24,720
2023 $5,414 $36,420 $12,600 $23,820
2022 $5,064 $34,500 $12,600 $21,900
2021 $5,066 $29,280 $12,600 $16,680
2020 $2,518 $30,420 $12,600 $17,820
2019 $4,872 $29,760 $12,600 $17,160
2018 $4,528 $22,213 $9,182 $13,031
2017 $4,309 $21,139 $8,861 $12,278
2016 $4,011 $20,062 $8,040 $12,022
2015 $2,405 $20,054 $10,130 $9,924
2014 $2,405 $19,407 $9,803 $9,604
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3168383

OneKey® MLS

APN: 08065-0048