NOT LISTED FOR SALE

1247 E 40 St Brooklyn, NY 11210

Flatlands Neighborhood

Estimated Value: $794,313

3 Beds
1 Bath
1,520 Sq Ft
$523/Sq Ft Est. Value

Sale Details

Date Sold: July 16, 2018

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

Est. 104% increase in value since last sale

Current estimated payment $5,166 / mo

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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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

1,305 Sq Ft Lot

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

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
Apr 1, 2019
Sold by
Ma Corona Llc
Bought by
Current Estimated Value
$794,313

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
$543,401
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$250,912

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
9.10%
Original Mortgage
$350,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Flatlands, NY

  • Jack Yao Real Estate Agent - Realmart Realty, LLC

    Jack Yao

    Realmart Realty, LLC

    (732) 838-6992

    1,391 Total Sales

    1 in Flatlands

    $700,000 Price

    Jack Yao
     Section Image
  • Cristina Candio Real Estate Agent - Perch Society

    Cristina Candio

    Perch Society

    (833) 409-1692

    26 Total Sales

    1 in Flatlands

    $675,000 Price

    Cristina Candio
     Section Image
  • Deborah Bourne Real Estate Agent - CITADEL CIRCLE REALTY

    Deborah Bourne

    CITADEL CIRCLE REALTY

    (914) 677-1637

    9 Total Sales

    1 in Flatlands

    $575,000 Price

    Deborah Bourne
     Section Image
  • Scarla Pineda Real Estate Agent - Peace of Mind Realty

    Scarla Pineda

    Peace of Mind Realty

    (833) 213-1431

    32 Total Sales

    2 in Flatlands

    $775K - $828K Price Range

    Scarla Pineda
     Section Image
  • Viola Taliaferrow Real Estate Agent - Keller Williams Realty Group

    Viola Taliaferrow

    Keller Williams Realty Group

    (914) 758-1743

    33 Total Sales

    1 in Flatlands

    $750,000 Price

    Viola Taliaferrow
     Section Image
  • Gabriel Kashi Real Estate Agent - KEYSTONE REALTY USA CORP

    Gabriel Kashi

    KEYSTONE REALTY USA CORP

    (347) 658-5258

    407 Total Sales

    13 in Flatlands

    $515K - $1.3M Price Range

    Gabriel Kashi
     Section Image
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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
$789,000 --
Ma Corona Llc $390,000 --
Silverman Eva Gloria -- --
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
Open -- $631,200
Previous Owner Ma Corona Llc $125,000
Previous Owner -- $350,000
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
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

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 $8,178 $52,620 $8,040 $44,580
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

  • AL

    Seller's Agent in 2018

    Alice Lee

    (646) 644-8862

    7 in this area

    66 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

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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