NOT LISTED FOR SALE

1318 E 55th St Unit 1320 Brooklyn, NY 11234

Flatlands Neighborhood

Estimated Value: $707,833 - $998,000

6 Beds
4 Baths
2,080 Sq Ft
$421/Sq Ft Est. Value

Last Sold July 30, 2019

Last sale price $910,000 $438 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $5,169/month

138 Days on Market

About This Home

As of July 2019

This IMMACULATE and WELL-MAINTAINED 2-Family home is located in a highly Desirable, Safe and Quiet residential neighborhood in Canarsie. This property is currently Generating Income!...with a Potential Rent Roll of $3500+ per month. Features include a 3-bedroom and 2-bathroom (Tenant-occupied) apartment over a 3-bedroom and 2-bathroom apartment with over 2000 sq. ft. of livable space. Both Apartments has Nice Hardwood floors. The Bedrooms are Spacious with Ample Closet space. Both Units has Modern and Open-style Kitchens/Living Room Combo as well as nice tiled Bathrooms. The Basement has tons of Storage Space and comes with a Washer & Dryer. The Beautiful and Private Garden-style Backyard is a Must See. This property is conveniently located to Georgetown Shopping Center, Restaurants, Joffee Parks, PS 203 Floyd Bennett School, PS 326 Elementary School and Mary Queen of Heaven. Easy Access to the Belt Parkway and Public Transportation including the L-Train and B103 Bus Stop.

Last Agent to Sell the Property

Chris Zhou

Mont Sky Real Estate LLC License #10491206002 Listed on: 12/01/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,252

Lot Details

  • 2,004

Home Design

  • 2,080 Sq Ft Home
  • Pre War Building
  • Entry on the 1st floor

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Community Details

  • No Home Owners Association
  • Flatlands Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,252

Lot Details

0

Listing Details

  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Flatlands
  • Architectural Style: Prewar
  • Entry Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 2080.0
  • Living Area Units: Square Feet
  • Rooms (Total): 12

Beds/Baths

  • Full Bathrooms: 4
  • Bathrooms Integer: 4
  • Bedrooms: 6

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Association: No

Building Info

  • New Construction: No

Tax Info

  • Tax Block: 0
  • Tax Annual: 3252.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2018
Closed on
Jul 25, 2019
Sold by
Silvera Enid M
Bought by
Musarrat Rizwana and Umar Muhammad
Seller's Agent
Chris Zhou
Mont Sky Real Estate LLC
List Price
$910,000
Sold Price
$910,000
Current Estimated Value
$875,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,542
Avg. Annual Appreciation
-0.62%
Original Mortgage
$300,000
Outstanding Balance
$262,718
Interest Rate
3.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$612,740

Purchase Details

Closed on
Jun 26, 2017
Sold by
Azam Tanzeela
Bought by
Rana 1320 Llc

Purchase Details

Closed on
Jan 25, 2013
Sold by
Darcey Burke Trustee
Bought by
Azam Tanzeela and Darcey Burke, Trustee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,961
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2010
Sold by
Burke Darcey
Bought by
Darcey H Burke As Trustee and Living Trust Of Darcey H Burke & Myrl G
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Musarrat Rizwana $850,000 --
Rana 1320 Llc -- --
Azam Tanzeela -- --
Azam Tanzeela -- --
Darcey H Burke As Trustee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Musarrat Rizwana $300,000
Previous Owner Azam Tanzeela $13,961
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2019 07/30/19 Sold $910,000 0.0% $438 / Sq Ft
07/29/2019 07/29/19 Pending -- -- --
03/12/2019 03/12/19 For Sale $910,000 -- $438 / 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 $6,502 $46,020 $8,580 $37,440
2024 $6,502 $36,360 $8,580 $27,780
2023 $6,202 $32,160 $8,580 $23,580
2022 $5,752 $35,220 $8,580 $26,640
2021 $5,720 $27,180 $8,580 $18,600
2020 $3,446 $32,160 $8,580 $23,580
2019 $6,435 $32,160 $8,580 $23,580
2018 $6,131 $31,536 $6,316 $25,220
2017 $6,110 $31,443 $6,632 $24,811
2016 $5,620 $29,664 $7,989 $21,675
2015 $3,358 $29,527 $7,917 $21,610
2014 $3,358 $27,856 $8,966 $18,890
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10543587

Real Estate Board of New York (REBNY)

APN: 07834-0169