NOT LISTED FOR SALE

Estimated Value: $1,739,000 - $1,973,000

5 Beds
3 Baths
2,800 Sq Ft
$659/Sq Ft Est. Value

Last Sold May 26, 2020

Last sale price $1,350,000 $482 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $10,355/month

2,264 Days on Market

Highlights

  • Rooftop Deck
  • Intercom
  • 2-minute walk to Irving Square Park
  • Pre War Building
  • Garden

About This Home

As of May 2020

Unlimited space at this massive single family residence, perfect for an end user looking for room to grow or an investor looking for a cash-cow.

Set on a tree-lined block in blossoming Bushwick, this massive home has been fully renovated and transformed into a space that suits a wide number of uses.

As you step into the Garden level, you're greeted by the 38' living and dining room followed by the large open kitchen with a sleek black appliance package. Continue on and access the beautiful landscaped oasis in the back of the house. On the garden level you'll also find a full-sized washer/dryer and a full bathroom.

Head upstairs to the parlor level and you'll find a huge master bedroom with massive walk-in closet and separate lounge that can be used as an office, den or other interior room. Off the master is another full bath, outfitted in contemporary tiles and modern appointments. Travel down the hall and reach an additional oversized bedroom with double closets.

On the top level are two more large bedrooms, a den and a studio-sized walk in closet with a separate door and another full bathroom.

The crown jewel here is the finished roof deck, perfect for entertaining during warm summer evenings.

Additional amenities include solid hardwood floors throughout the home, an efficient split Hvac system and custom closets.

1286 Jefferson is located in an Opportunity Zone and may provide additional tax benefits depending on your situation. Be sure to consult an attorney for additional details.

Last Agent to Sell the Property

Eric Sidman

Compass License #10301208200 Listed on: 02/26/2020

Compass

Co-Listed By

Clayton Orrigo

Compass License #10401238394

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,324

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 19.0 x 100.0
  • Garden

Home Design

  • Pre War Building

Interior Spaces

  • 2,800 Sq Ft Home
  • 3-Story Property
  • Intercom

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Community Details

  • Bushwick Subdivision
  • Rooftop Deck

Listing and Financial Details

  • Legal Lot and Block 30 / 3390

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,324

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Cross Street: Central Avenue/Wilson Avenue
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Bushwick
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Equipment (Other): Intercom
  • Living Area: 2800.0
  • Living Area Units: Square Feet
  • Rooms (Total): 7

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 5

Exterior Features

  • Exterior Features: Building Roof Deck, Garden

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 19.0 x 100.0

Building Info

  • Total Stories: 3
  • Year Built: 1910

Tax Info

  • Tax Block: 3390
  • Tax Lot: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2020
Closed on
May 27, 2020
Sold by
Ny Oakland Llc and % : Dixon Advisory Harborside Plaza 2
Bought by
Lee Yi-Hsiuan
Seller's Agent
Eric Sidman
Compass
List Price
$1,350,000
Sold Price
$1,350,000
Current Estimated Value
$1,844,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$494,593
Avg. Annual Appreciation
5.34%
Original Mortgage
$850,000
Outstanding Balance
$756,507
Interest Rate
3.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,021,747

Purchase Details

Closed on
Jun 18, 2018
Sold by
Usm Asset Trust Series 7 and %
Bought by
Ny Oakland Llc

Purchase Details

Closed on
Jun 28, 2017
Sold by
Penrith Urf Llc
Bought by
Usm Asset Trust - Series 7

Purchase Details

Closed on
Oct 15, 2015
Sold by
Parramatta Llc
Bought by
Penrith Urf Llc

Purchase Details

Closed on
May 19, 2015
Sold by
Gathers James and Gathers James Bryan
Bought by
Parramatta Llc

Purchase Details

Closed on
Nov 22, 2004
Sold by
Gathers James
Bought by
Gathers James and Gathers James Bryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
5.69%

Purchase Details

Closed on
Aug 15, 2002
Sold by
Hill Antonia
Bought by
United Property Group Ll

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Lee Yi-Hsiuan $1,350,000 --
Lee Yi-Hsiuan $1,350,000 --
Ny Oakland Llc -- --
Ny Oakland Llc -- --
Usm Asset Trust - Series 7 -- --
Usm Asset Trust - Series 7 -- --
Penrith Urf Llc -- --
Penrith Urf Llc -- --
Parramatta Llc $880,000 --
Parramatta Llc $880,000 --
Gathers James -- --
Gathers James -- --
Gathers James -- --
United Property Group Ll -- --
United Property Group Ll -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Yi-Hsiuan $487,043
Closed Lee Lianna Yi-An $542,000
Open Lee Yi-Hsiuan $850,000
Closed Lee Yi-Hsiuan $850,000
Previous Owner Gathers James $496,000
Previous Owner Gathers James $423,000
Previous Owner James Gathers $372,000
Previous Owner United Property Group Ll $198,000
Previous Owner Hill Antonia $34,999
Closed Gathers James $0
Closed Gathers James --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2020 05/26/20 Sold $1,350,000 0.0% $482 / Sq Ft
03/21/2020 03/21/20 Pending -- -- --
01/07/2014 01/07/14 For Sale $1,350,000 -- $482 / Sq Ft
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 $6,324 $108,600 $20,520 $88,080
2024 $6,324 $101,580 $20,520 $81,060
2023 $6,033 $124,620 $20,520 $104,100
2022 $5,594 $116,340 $20,520 $95,820
2021 $5,564 $97,140 $20,520 $76,620
2020 $2,765 $64,560 $20,520 $44,040
2019 $5,498 $64,560 $20,520 $44,040
2018 $5,199 $25,505 $8,444 $17,061
2017 $3,449 $16,921 $3,999 $12,922
2016 $2,334 $11,673 $3,285 $8,388
2015 $1,186 $11,667 $3,008 $8,659
2014 $1,186 $11,544 $3,573 $7,971
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10628260

Real Estate Board of New York (REBNY)

APN: 03390-0030