NOT LISTED FOR SALE

12695 Flatlands Ave Unit 12697 Brooklyn, NY 11208

East New York Neighborhood

Estimated Value: $928,000 - $1,129,000

4 Beds
2 Baths
2,200 Sq Ft
$456/Sq Ft Est. Value

Last Sold May 25, 2023

Last sale price $875,000 $398 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,751/month

19 Days on Market

Highlights

  • 1 Car Attached Garage
  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

About This Home

As of May 2023

Short Sale/Water/Mold Damage.

Last Agent to Sell the Property

Vasilia Moutopoulos

Premium Group Realty Corp License #10401353467 Listed on: 04/25/2023

Last Buyer's Agent

Vasilia Moutopoulos

Premium Group Realty Corp License #10401353467 Listed on: 04/25/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,585

Year Built

  • Built in 2005

Lot Details

  • 2,178 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 1 Car Attached Garage

Home Design

  • Duplex
  • Frame Construction

Interior Spaces

  • 2,200 Sq Ft Home
  • Partial Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Middle School For Art And Philosophy
  • Urban Action Academy High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 49 / 4565
  • Assessor Parcel Number 04565-0049

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,585

Year Built

Built in 2005

Lot Details

2,178 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Duplex
  • Property SubType: Multi Family
  • Year Built: 2005
  • New Construction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Basement: Partial
  • Total Bedrooms: 4
  • Living Area: 2200
  • SquareFootage: 2200.00
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Frame
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Private, Attached, 1 Car Attached

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Sewer: Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Middle School For Art And Philosophy

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 2178
  • Lot Size Sq Ft: 2178
  • Lot Size Units: Acres
  • Parcel Number: 04565-0049
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 5585
  • Tax Block: 4565
  • Tax Lot: 49
  • Tax Map Number: 04565-0049

MLS Schools

  • High School: Urban Action Academy
  • Middle School District: Brooklyn 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2023
Sold by
Salem Michael and Yosef Simcha
Bought by
Simonoff Karen
Current Estimated Value
$1,002,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$681,000
Outstanding Balance
$665,083
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$337,504

Purchase Details

Closed on
Dec 10, 2019
Sold by
Yosef Simcha
Bought by
Salem Michael and Yosef Simcha

Purchase Details

Closed on
Apr 9, 2019
Sold by
Shamir Arie
Bought by
Yosef Simcha

Purchase Details

Closed on
Aug 30, 2006
Sold by
Sukhai Puran
Bought by
Arie Shamir

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
6.71%

Purchase Details

Closed on
Jun 30, 2006
Sold by
D R S New Homes Corp
Bought by
Shamir Arie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2005
Sold by
D R S New Homes Corp
Bought by
Sukhai Puran
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
Simonoff Karen $875,000 --
Simonoff Karen $875,000 --
Simonoff Karen $875,000 --
Salem Michael -- --
Salem Michael -- --
Salem Michael -- --
Yosef Simcha -- --
Yosef Simcha -- --
Yosef Simcha -- --
Arie Shamir $615,000 --
Arie Shamir $615,000 --
Arie Shamir $615,000 --
Shamir Arie $610,000 --
Shamir Arie $610,000 --
Shamir Arie $610,000 --
Sukhai Puran -- --
Sukhai Puran -- --
Sukhai Puran -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simonoff Karen $681,000
Closed Simonoff Karen $681,000
Previous Owner Arie Shamir $123,000
Previous Owner Arie Shamir $492,000
Previous Owner Shamir Arie $488,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2023 05/25/23 Sold $875,000 +34.6% $398 / Sq Ft
05/15/2023 05/15/23 Pending -- -- --
04/26/2023 04/26/23 For Sale $650,000 -25.7% $295 / Sq Ft
04/25/2023 04/25/23 Off Market $875,000 -- --
04/25/2023 04/25/23 For Sale $650,000 -- $295 / Sq Ft
Source: OneKey® MLS

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 $7,028 $64,320 $10,440 $53,880
2024 $7,028 $63,960 $10,440 $53,520
2023 $7,053 $56,520 $10,440 $46,080
2022 $6,541 $46,260 $10,440 $35,820
2021 $6,505 $49,680 $10,440 $39,240
2020 $3,051 $42,060 $10,440 $31,620
2019 $6,100 $34,680 $10,440 $24,240
2018 $5,900 $28,941 $6,574 $22,367
2017 $5,566 $27,303 $9,501 $17,802
2016 $5,149 $25,758 $8,193 $17,565
2015 $3,646 $24,300 $10,200 $14,100
2014 $3,646 $24,300 $10,200 $14,100
Source: Public Records

Agents Affiliated with this Home

  • Vasilia Moutopoulos

    Seller's Agent in 2023

    Vasilia Moutopoulos

    Premium Group Realty Corp

    (917) 747-4698

    1 in this area

    5 Total Sales

    Vasilia Moutopoulos
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Map

Source: OneKey® MLS

MLS Number: KEY3473660

OneKey® MLS

APN: 04565-0049

New York Kings County Brooklyn 11208 East New York

12695 Flatlands Ave Unit 12697, Brooklyn, NY

Not Listed for Sale

MultiFamily

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Based on information submitted to the MLS GRID

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