NOT LISTED FOR SALE

1348 Prospect Place Brooklyn, NY 11213

Crown Heights Neighborhood

Estimated Value: $959,000 - $1,324,000

5 Beds
3 Baths
2,400 Sq Ft
$458/Sq Ft Est. Value

Last Sold January 26, 2021

Last sale price $820,000 $342 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,944/month

Highlights

  • 0.06 Acre Lot
  • Raised Ranch Architecture
  • Park
  • Property is near public transit
  • Eat-In Kitchen
  • 4-minute walk to St. John's Park

About This Home

As of January 2021

Crown Heights. Spacious two family house on oversize lot of 20 X 127. Which included three bedroom duplex for owner and access to cellar for additional storage space? The top floor has a two bedroom rental with lots of closet space.

Last Agent to Sell the Property

Barrington Richards

Fine Choice Realty Inc Brokerage Phone: 718-363-2200 License #31RI1079669 Listed on: 04/08/2020

Last Buyer's Agent

Barrington Richards

Fine Choice Realty Inc Brokerage Phone: 718-363-2200 License #31RI1079669 Listed on: 04/08/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,500

Year Built

  • Built in 1899

Lot Details

  • 2,555 Sq Ft Lot
  • Lot Dimensions are 20x127.75
  • Two or More Common Walls
  • Partially Fenced Property

Home Design

  • Raised Ranch Architecture
  • Shingle Siding

Kitchen

  • Eat-In Kitchen
  • Oven

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Legal Lot and Block 32 / 1366
  • Assessor Parcel Number 01366-0032

Community Details

Overview

  • 2 Units

Recreation

  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,500

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Hi Ranch
  • Property SubType: Multi Family
  • Year Built: 1899
  • New Construction: No
  • Attribution Contact: 718-363-2200
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven
  • Interior Amenities: Eat-in Kitchen
  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Basement: Full, Unfinished
  • Total Bedrooms: 5
  • NumberOfKitchens: 3

Exterior Features

  • Construction Materials: Shingle Siding
  • Fencing: Partial
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage: No

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Dimensions: 20x127.75
  • Lot Size Sq Ft: 2555
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 01366-0032
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No
  • Tenant Pays: Cooking Gas, Electricity

Multi Family

  • Units Total: 2

Tax Info

  • Tax Annual Amount: 2500
  • Tax Block: 1366
  • Tax Lot: 32
  • Tax Map Number: 01366-0032
  • IncludedInTaxes: Trash

MLS Schools

  • Middle School District: Brooklyn 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2020
Closed on
Jan 26, 2021
Sold by
Barnett Claudia
Bought by
Seymore Javier R
Seller's Agent
Barrington Richards
Fine Choice Realty Inc
Buyer's Agent
Barrington Richards
Fine Choice Realty Inc
List Price
$899,000
Sold Price
$820,000
Premium/Discount to List
-$79,000
-8.79%
Current Estimated Value
$1,099,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,207
Avg. Annual Appreciation
6.35%
Original Mortgage
$805,147
Outstanding Balance
$718,865
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$380,342

Purchase Details

Closed on
Jan 27, 1997
Sold by
Williams Burton J
Bought by
Barnett Claudia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.68%
Source: Public Records

Range of Values:

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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
Seymore Javier R $820,000 --
Barnett Claudia $130,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seymore Javier R $805,147
Previous Owner Barnett Claudia $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2021 01/26/21 Sold $820,000 -8.8% $342 / Sq Ft
04/08/2020 04/08/20 Pending -- -- --
04/08/2020 04/08/20 For Sale $899,000 -- $375 / 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 $2,276 $79,740 $21,960 $57,780
2024 $2,276 $76,260 $21,960 $54,300
2023 $2,207 $74,460 $21,960 $52,500
2022 $2,169 $81,480 $21,960 $59,520
2021 $2,232 $71,880 $21,960 $49,920
2020 $1,047 $64,620 $21,960 $42,660
2019 $1,976 $70,200 $21,960 $48,240
2018 $1,846 $9,055 $2,712 $6,343
2017 $1,846 $9,055 $3,983 $5,072
2016 $1,767 $8,839 $4,872 $3,967
2015 $811 $8,340 $4,416 $3,924
2014 $811 $7,870 $5,001 $2,869
Source: Public Records

Agents Affiliated with this Home

  • Barrington Richards

    Seller's Agent in 2021

    Barrington Richards

    Fine Choice Realty Inc

    (917) 690-3444

    1 in this area

    20 Total Sales

    Barrington Richards
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Map

Source: OneKey® MLS

MLS Number: KEY3211046

OneKey® MLS

APN: 01366-0032

New York Kings County Brooklyn 11213 Crown Heights

1348 Prospect Place, Brooklyn, NY

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