NOT LISTED FOR SALE

1247 E 40 St Brooklyn, NY 11210

Flatlands Neighborhood

Estimated Value: $720,000 - $850,000

3 Beds
1 Bath
1,520 Sq Ft
$514/Sq Ft Est. Value

Last Sold July 16, 2018

Last sale price $390,000 $257 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $4,730/month

Highlights

  • Wood Flooring
  • Back Yard
  • 3-minute walk to Amersfort Park
  • Fenced Yard

About This Home

As of July 2018

Great Potential for Developers! Needs a full gut. 3 Bedroom 1 Bath Duplex. High Ceilings with Original Details. Good bones. Full size Basement with Separate Entrance. Quiet residential street. Steps away from Flatbush Avenue buses and shopping. Offers must be all CASH, presented with Proof of Funds, and Subject to Court Approval.

Last Agent to Sell the Property

Alice Lee

Listed on: 03/14/2018

Last Buyer's Agent

Alice Lee

Listed on: 03/14/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,831

Year Built

  • Built in 1915

Lot Details

  • 1,305 Sq Ft Lot
  • Lot Dimensions are 20 x 65
  • Fenced Yard
  • Irregular Lot
  • Back Yard
  • Property is zoned R5

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Siding

Interior Spaces

  • 1,520 Sq Ft Home
  • Unfinished Basement
  • Walk-Out Basement

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Heating System Uses Oil
  • 110 Volts
  • Oil Water Heater

Listing and Financial Details

  • Tax Block 7813

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,831

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Basement Amenities: Separate Entrance, Unfinished
  • Total Bathrooms: 1.00
  • Baths Total Level2: 1.00
  • Borough: Brooklyn
  • Building Length: 34.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Kings Highway
  • Cross Street Name2: Hubbard Pl
  • Handicap Access Y N U: No
  • Heat Delivery: Other
  • Negotiate Thru: Broker
  • Number Of Families: 1
  • Parking Attributes: None
  • Parking Feature Single: Street
  • Property Sub Type: Single Family
  • Prop. Type: Residential
  • Residential Features: None
  • Fill Sq Ft Total: 1520
  • Street Name I D X: 40
  • Building Style: Duplex
  • Year Built: 1915
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Ceramic, Hardwood
  • Lot Sq Ft: 1305

Exterior Features

  • Yard: Back, Fenced - Full
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick, Siding
  • Foundation Details: Poured Concrete
  • Lot Number: 24
  • Roof: Other

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V
  • Heating Fuel: Oil
  • Hot Water: Oil

Lot Info

  • Lot Dimensions: 20 x 65
  • Lot Size Irregular: Yes
  • Lot Size Length: 65
  • Lot Size Width: 20
  • Zoning: R5

Tax Info

  • Flip Tax Amount: 4831.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2019
Sold by
Ma Corona Llc
Bought by
Abreu Michelle
Current Estimated Value
$781,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$631,200
Outstanding Balance
$552,663
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$228,840

Purchase Details

Listed on
Mar 14, 2018
Closed on
Jul 16, 2018
Sold by
Caring Partners Inc and Silverman
Bought by
Ma Corona Llc
Seller's Agent
Alice Lee
Buyer's Agent
Alice Lee
Sold Price
$390,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.70%
Original Mortgage
$350,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 1996
Sold by
Silverman Abraham Harold Saul and Silverman Eva Gloria
Bought by
Silverman Eva Gloria and Silverman Norman Bernice
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Abreu Michelle $789,000 --
Abreu Michelle $789,000 --
Abreu Michelle $789,000 --
Ma Corona Llc $390,000 --
Ma Corona Llc $390,000 --
Ma Corona Llc $390,000 --
Silverman Eva Gloria -- --
Silverman Eva Gloria -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abreu Michelle $631,200
Closed Abreu Michelle $631,200
Previous Owner Ma Corona Llc $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2018 07/16/18 Sold $390,000 -- $257 / Sq Ft
03/14/2018 03/14/18 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $7,715 $45,480 $8,040 $37,440
2024 $7,715 $47,940 $8,040 $39,900
2023 $7,798 $50,340 $8,040 $42,300
2022 $7,621 $43,080 $8,040 $35,040
2021 $7,696 $42,420 $8,040 $34,380
2019 $4,353 $28,020 $8,040 $19,980
2018 $4,210 $23,886 $6,839 $17,047
2017 $4,185 $23,700 $8,040 $15,660
2016 $1,614 $22,364 $6,659 $15,705
2015 $910 $21,099 $5,943 $15,156
2014 $910 $19,905 $6,591 $13,314
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    Alice Lee

    (646) 644-8862

    7 in this area

    79 Total Sales

    Alice Lee
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 418574

Brooklyn Board of REALTORS®

APN: 07813-0024

New York Kings County Brooklyn 11210 Flatlands

1247 E 40 St, Brooklyn, NY

Not Listed for Sale

Detached

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