$566,000
SOLD JAN 31, 2024
2 Beds
2 Baths
1,824 Sq Ft
1,900 Sq Ft Lot

Recently Sold

$310 Per Sq Ft

9% Below List Price

56 Days on Market

About This Home

As of January 2024

A little TLC and this home can transform into a truly worthwhile investment, whether you want to reside in this income producing property or use as investor, This home is on a beautiful tree-lined street and accessible to shopping , transportation and a great location to much more

Last Agent to Sell the Property

Jean Paul Ho

Brooklyn Real Property Inc License #10311203460 Listed on: 07/25/2023

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,424

Year Built

  • Built in 1935

Lot Details

  • 1,900 Sq Ft Lot
  • Lot Dimensions are 100.00x19.00

Parking

  • 1 Car Garage
  • Assigned Parking

Interior Spaces

  • 2-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling

Community Details

  • 2 Units
  • Farragut Subdivision

Listing and Financial Details

  • Legal Lot and Block 0054 / 04961

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,424

Year Built

Built in 1935

Lot Details

0

Parking

1

Listing Details

  • Property SubType: Townhouse
  • Property Type: Residential
  • Neighborhood: Farragut
  • Entry Level: 1
  • Structure Type: Townhouse
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Fireplace: No
  • Living Area Units: Square Feet
  • Rooms (Total): 6
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • View: Other
  • View: No
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Garage

Utilities

  • Laundry Features: In Unit
  • Green Building Features: Green Building
  • Cooling: No

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 1900.0
  • Lot Size Dimensions: 100.00x19.00

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 2
  • Total Stories: 2
  • Year Built: 1935

Tax Info

  • Tax Block: 04961
  • Tax Lot: 0054
  • Tax Annual: 5424.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2024
Sold by
B & M Realty Bd Inc
Bought by
Monestime- Cheriska Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,500
Outstanding Balance
$631,903
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$225,551

Purchase Details

Listed on
Jul 25, 2023
Closed on
Jan 30, 2024
Sold by
Per Frank
Bought by
B & M Realty Bd Inc
Seller's Agent
Jean Paul Ho
Brooklyn Real Property Inc
List Price
$620,000
Sold Price
$566,000
Premium/Discount to List
-$54,000
-8.71%
Views
123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.65%
Original Mortgage
$509,400
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 15, 2018
Sold by
Per Frank and Per Nadia
Bought by
Per Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
3.99%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $850,000 --
Deed $566,000 --
Deed $566,000 --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $637,500 Purchase Money Mortgage
Previous Owner $509,400 Purchase Money Mortgage
Previous Owner $1,170,000 Unknown
Previous Owner $840,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $189,000 No Value Available
Previous Owner $160,000 Unknown
Previous Owner $105,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2024 09/03/24 Price Changed $850,000 +1.2% $699 / Sq Ft
06/21/2024 06/21/24 Pending -- -- --
05/30/2024 05/30/24 For Sale $839,999 +48.4% $691 / Sq Ft
01/31/2024 01/31/24 Sold $566,000 -8.7% $310 / Sq Ft
09/20/2023 09/20/23 Pending -- -- --
09/20/2023 09/20/23 Pending -- -- --
07/25/2023 07/25/23 For Sale $620,000 0.0% $340 / Sq Ft
07/25/2023 07/25/23 For Sale $620,000 -- --
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 $6,033 $42,240 $13,140 $29,100
2024 $6,033 $33,360 $13,140 $20,220
2023 $5,739 $40,560 $13,140 $27,420
2022 $5,435 $40,740 $13,140 $27,600
2021 $5,736 $34,800 $13,140 $21,660
2020 $4,302 $28,860 $13,140 $15,720
2019 $5,187 $28,860 $13,140 $15,720
2018 $4,741 $24,715 $12,414 $12,301
2017 $4,569 $23,886 $10,763 $13,123
2016 $4,465 $23,886 $12,279 $11,607
2015 $2,498 $23,085 $12,606 $10,479
2014 $2,498 $21,831 $13,196 $8,635
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10930058

Real Estate Board of New York (REBNY)

APN: 04961-0054