NOT LISTED FOR SALE

1308 E 7th St Brooklyn, NY 11230

Midwood Neighborhood

Estimated Value: $2,026,000 - $3,929,000

6 Beds
3 Baths
4,290 Sq Ft
$666/Sq Ft Est. Value

Last Sold August 02, 2021

Last sale price $2,700,000 $629 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $16,121/month

3 Days on Market

About This Home

As of August 2021

Rare Opportunity to Own a Nearly 3,000 Square Foot, Fully Detached, Twelve room, Six bedroom Multi-family Home Situated on one of Midwood's Prettiest Blocks. This 40x100 Property Offers You a Tremendous Amount of Opportunity. Inclusive of Three Levels of Living, an Expansive Driveway & 2-Car Garage, This Property is Loaded With Charm. It's Not Often That Homes on This Block Become Available., Additional information: Appearance:Good

Last Agent to Sell the Property

Elizabeth Byrne

Harms Real Estate Inc Brokerage Phone: 516-766-4118 License #10311208961 Listed on: 03/12/2021

Last Buyer's Agent

Elizabeth Byrne

Harms Real Estate Inc Brokerage Phone: 516-766-4118 License #10311208961 Listed on: 03/12/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,477

Year Built

  • Built in 1925

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 40x100

Parking

  • Attached Garage

Home Design

  • Duplex

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Schools

  • Ps 99 Isaac Asimov Elementary School
  • Edward R Murrow High Middle School
  • Edward R Murrow High School

Additional Features

  • 3-Story Property
  • Heating System Uses Oil

Listing and Financial Details

  • Legal Lot and Block 17 / 6542
  • Assessor Parcel Number 06542-0017

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,477

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Levels: Three Or More
  • Year Built: 1925
  • Attribution Contact: 516-766-4118
  • CurrentPrice: 2700000.00
  • MlsMajorChangeType: Sold
  • ListPrice_By_OriginalListPrice: 1.00000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace: No
  • Basement YN: No

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking Description: Attached, Private

Utilities

  • Heating: Oil

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Edward R Murrow High School

Lot Info

  • Lot Dimensions: 40x100
  • Lot Size Sq Ft: 4000
  • Parcel Number: 06542-0017
  • Property Attached: No
  • Additional Parcels: No

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 12477
  • Tax Block: 6542
  • Tax Lot: 17

MLS Schools

  • Elementary School: Ps 99 Isaac Asimov
  • High School: Edward R Murrow High School
  • Middle School District: Brooklyn 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2021
Closed on
Aug 2, 2021
Sold by
Cagliuso Nicholas C and Cagliuso Nicholas Vincent
Bought by
Rahmey Albert and Rahmey Alicia
Seller's Agent
Elizabeth Byrne
Harms Real Estate Inc
Buyer's Agent
Elizabeth Byrne
Harms Real Estate Inc
List Price
$2,500,000
Sold Price
$2,700,000
Premium/Discount to List
$200,000
8%
Current Estimated Value
$2,858,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,250
Avg. Annual Appreciation
1.30%
Original Mortgage
$2,025,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 2015
Sold by
Cagliuso Anna V and Cagliuso Nicholas C
Bought by
Cagliuso Anna V and Cagliuso Nicholas V

Purchase Details

Closed on
Jun 21, 2002
Sold by
Gagliuso Anna Calogero
Bought by
Ccagliuso Anna Calogero and Cagliuso Nicholas C
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
Rahmey Albert $2,700,000 --
Cagliuso Anna V -- --
Ccagliuso Anna Calogero -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rahmey Albert $2,025,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2021 08/02/21 Sold $2,700,000 +8.0% $629 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
03/12/2021 03/12/21 For Sale $2,500,000 -- $583 / 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 $14,284 $114,060 $36,900 $77,160
2024 $14,284 $109,020 $36,900 $72,120
2023 $13,655 $113,520 $38,400 $75,120
2022 $12,703 $113,520 $37,560 $75,960
2021 $12,299 $93,180 $37,560 $55,620
2020 $9,279 $77,880 $37,560 $40,320
2019 $12,074 $85,500 $37,560 $47,940
2018 $11,096 $55,894 $22,187 $33,707
2017 $10,510 $53,028 $17,866 $35,162
2016 $9,718 $50,163 $22,821 $27,342
2015 $5,814 $50,163 $25,027 $25,136
2014 $5,814 $49,267 $27,153 $22,114
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Byrne

    Seller's Agent in 2021

    Elizabeth Byrne

    Harms Real Estate Inc

    (516) 521-3634

    1 in this area

    71 Total Sales

    Elizabeth Byrne
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Map

Source: OneKey® MLS

MLS Number: L3294384

OneKey® MLS

APN: 06542-0017

New York Kings County Brooklyn 11230 Midwood

1308 E 7th St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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