NOT LISTED FOR SALE

Estimated Value: $1,426,000 - $2,222,000

7 Beds
4 Baths
1,984 Sq Ft
$861/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $1,180,000 $595 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $9,919/month

Highlights

  • Wood Flooring
  • Heating System Uses Steam
  • Back and Front Yard
  • James Madison High School Rated A-

About This Home

As of September 2020

Prime Midwood Location, full possession, basement is fully finished with 3 rooms and 2 bathrooms. Owner anxious to sell, submit all offers.

Last Agent to Sell the Property

Joseph Zelik

Listed on: 03/11/2020

Last Buyer's Agent

Pnina Cohen

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,369

Year Built

  • Built in 1925

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20 x 100
  • Back and Front Yard

Home Design

  • Flat Roof Shape
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 1,984 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Stove
  • Finished Basement

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Parking

  • 1 Parking Space
  • Shared Driveway

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 6572

Community Details

Overview

  • 2 Units

Building Details

  • 2 Vacant Units
  • Fuel Expense $2,500
  • Insurance Expense $1,500
  • Utility Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,369

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Basement Amenities: Finished
  • Total Bathrooms: 4.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Borough: Brooklyn
  • Building Length: 56.00
  • Building Width: 16.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue M
  • Cross Street Name2: Avenue N
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Available Units: 2
  • Number Of Families: 2
  • Parking Attributes: 1 Space
  • Parking Feature Single: Shared Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Refrigerator, Stove
  • Fill Sq Ft Total: 1984
  • Building Stories: 2
  • Street Name I D X: 9
  • Building Style: Other
  • Waterfront Present: No
  • Year Built: 1925
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 4
  • Total Bedrooms: 7
  • Flooring: Hardwood
  • Lot Sq Ft: 2000

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Semi-Detached
  • Construction Type: Other
  • Exterior: Vinyl Siding
  • Foundation Details: Poured Concrete
  • Lot Number: 69
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 2500.00

Lot Info

  • Lot Dimensions: 20 x 100
  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R6

Multi Family

  • Insurance Expense: 1500.00
  • Miscellaneous Expense: 500.00
  • Annual Utility Expenses: 1200.00

Tax Info

  • Flip Tax Amount: 9369.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2020
Closed on
Sep 30, 2020
Sold by
Dino Eliau and Dino Meri
Bought by
Houllou Kim and Houllou Morris
Seller's Agent
Joseph Zelik
Buyer's Agent
Pnina Cohen
Sold Price
$1,180,000
Current Estimated Value
$1,707,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$527,734
Avg. Annual Appreciation
7.55%
Original Mortgage
$653,550
Outstanding Balance
$580,238
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,127,496

Purchase Details

Closed on
Sep 2, 1997
Sold by
Abbruscato Leonard Phillip
Bought by
Dino Eliau and Dino Meri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
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
Houllou Kim $1,180,000 --
Dino Eliau $210,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Houllou Kim $653,550
Previous Owner Dino Eliau $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2020 09/30/20 Sold $1,180,000 -- $595 / Sq Ft
03/11/2020 03/11/20 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $11,754 $67,860 $34,560 $33,300
2024 $11,754 $64,860 $34,560 $30,300
2023 $11,012 $67,560 $36,000 $31,560
2022 $10,609 $73,440 $36,000 $37,440
2021 $9,991 $58,680 $25,440 $33,240
2020 $7,493 $64,560 $25,440 $39,120
2019 $4,026 $61,080 $25,440 $35,640
2018 $3,669 $42,458 $16,935 $25,523
2017 $3,462 $40,309 $20,371 $19,938
2016 $3,333 $39,563 $19,665 $19,898
2015 $4,367 $37,324 $23,565 $13,759
2014 $4,367 $37,324 $26,595 $10,729
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 437459

Brooklyn Board of REALTORS®

APN: 06572-0069