NOT LISTED FOR SALE

1291 E 48th St Brooklyn, NY 11234

Flatlands Neighborhood

Estimated Value: $668,158 - $928,000

3 Beds
2 Baths
1,704 Sq Ft
$476/Sq Ft Est. Value

Last Sold September 12, 2022

Last sale price $725,000 $425 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,990/month

72 Days on Market

Highlights

  • Senior Community
  • 1 Car Attached Garage
  • Hot Water Heating System

About This Home

As of September 2022

Solid all brick, legal Two family home on a quiet block features 2br over 1 Br with 1 car garage. Upper level.. Beautifully tiled entrance to front porch leading to, lr/dr/ eik large br, br, fbth. large double closet. Lower Floor.. Garden Apt features , large Br, large living room /dr , eik, fbth, utility room with new boiler, new hot water tank...OSE.

Last Agent to Sell the Property

Maurice Chin

Maurice Chin Realty Inc License #10311200999 Listed on: 03/30/2022

Last Buyer's Agent

Maurice Chin

Maurice Chin Realty Inc License #10311200999 Listed on: 03/30/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,600

Year Built

  • Built in 1940

Lot Details

  • 2,200 Sq Ft Lot
  • Lot Dimensions are 22 x 100
  • Two or More Common Walls

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • JHS 78 Roy H Mann Middle School
  • James Madison High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

Overview

  • Senior Community
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,600

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: 2 Story
  • Property SubType: Multi Family
  • Year Built: 1940
  • New Construction: No
  • Attribution Contact: 516-326-0900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: None
  • Total Bedrooms: 3
  • Kitchens: 2

Exterior Features

  • Construction Materials: Brick
  • Flood Zone Date: 2022-04-01
  • Flood Zone Report: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Description: Private, Attached, 1 Car Attached

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water
  • Hot Water: Gas Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: Yes

Schools

  • Middle School: Jhs 78 Roy H Mann
  • High School: James Madison High School
  • Middle School: Jhs 78 Roy H Mann

Lot Info

  • Lot Size Acres: 0.0500
  • Lot Size Area: 0.0500
  • Lot Dimensions: 22 x 100
  • Lot Size Sq Ft: 2200.00
  • Lot Size Units: Acres
  • Property Attached: Yes

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2022-09-12
  • Tax Annual Amount: 5600.00

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 1

MLS Schools

  • High School: James Madison High School
  • Middle School District: Brooklyn 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2022
Closed on
Sep 8, 2022
Sold by
Moncrieffe John Judith and Moncrieffe Euralio
Bought by
Petit-Frere Fritz
Seller's Agent
Maurice Chin
Maurice Chin Realty Inc
Buyer's Agent
Maurice Chin
Maurice Chin Realty Inc
List Price
$725,000
Sold Price
$725,000
Current Estimated Value
$811,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,290
Avg. Annual Appreciation
2.55%
Original Mortgage
$543,000
Outstanding Balance
$519,931
Interest Rate
4.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$260,875

Purchase Details

Closed on
May 12, 2000
Sold by
Levine Ruth
Bought by
John Judith Moncrieffe and Moncrieffe Eurelio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,300
Interest Rate
8.28%
Source: Public Records

Range of Values:

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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
Petit-Frere Fritz $725,000 --
John Judith Moncrieffe $175,500 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petit-Frere Fritz $543,000
Previous Owner Moncrieffe Euralio $40,000
Previous Owner Moncrieffe-John Judith $189,807
Previous Owner John Judith Moncrieffe $166,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2022 09/12/22 Sold $725,000 0.0% $425 / Sq Ft
06/10/2022 06/10/22 Pending -- -- --
03/30/2022 03/30/22 For Sale $725,000 -- $425 / Sq Ft
Source: OneKey® MLS

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 $6,822 $30,120 $9,120 $21,000
2024 $6,822 $35,400 $9,120 $26,280
2023 $6,509 $40,500 $9,120 $31,380
2022 $6,071 $41,460 $9,120 $32,340
2021 $6,397 $33,060 $9,120 $23,940
2020 $4,798 $33,000 $9,120 $23,880
2019 $5,628 $33,000 $9,120 $23,880
2018 $5,147 $26,707 $7,147 $19,560
2017 $5,111 $26,541 $7,684 $18,857
2016 $4,988 $26,503 $8,738 $17,765
2015 $2,800 $25,003 $8,659 $16,344
2014 $2,800 $23,589 $9,747 $13,842
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Maurice Chin

    Maurice Chin Realty Inc

    (516) 326-0900

    1 in this area

    7 Total Sales

    Maurice Chin
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Map

Source: OneKey® MLS

MLS Number: KEY3387428

OneKey® MLS

APN: 07774-0030

New York Kings County Brooklyn 11234 Flatlands

1291 E 48th St, Brooklyn, NY

This home is located at 1291 E 48th St, Brooklyn, NY 11234 since 30 March 2022 and is currently estimated at $811,290, approximately $476 per square foot. This property was built in 1940. 1291 E 48th St is a home located in Kings County with nearby schools including P.S. 203 Floyd Bennett, Christian Heritage Academy, and Great Oaks Elementary School.

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