Seller's Agent in 2016
Erwin Murray
Keller Williams NYC
(917) 774-2860
1372 E 40th St Brooklyn, NY 11234
Flatlands NeighborhoodEstimated Value: $732,000 - $801,000
Studio
--
Bath
1,683
Sq Ft
$457/Sq Ft
Est. Value
About This Home
As of September 2016Douglas Elliman is happy to introduce 1372 E 40th St for sale. This home is perfect for the first time home buyer. Built in 1940 and located in the Flatlands section of Brooklyn, this home provides plenty of space with over 1800 sq ft of living space and sits on a tree lined block. You enter into a living room and dining room that sits off of an oversized kitchen with an open layout. The top floor features three nice sized rooms with closets and plenty of light and a bathroom. The lower street level is for you to design with a full bathroom and full floor layout. It can ideally be used for a mother in law suite with a bathroom and summer kitchen or possibly a playroom, office, gym, or additional bedrooms and living space. Boiler is less than 2 years old and infrastructure is in good condition. Updates needed to make this your dream home!Conveniently located to major thoroughfares ? Flatbush Avenue & Kings Highway. Only a mile to Brooklyn College and 2/5 train at the Flatbush Junction making for a quick commute to bustling downtown Brooklyn and Manhattan. This home is being sold in AS-IS condition. Kindly contact the listing agent for further details and private viewing.
Last Agent to Sell the Property
Keller Williams NYC License #10301224385. Listed on: 04/11/2016
Home Details
Home Type
- Single Family
Year Built
- Built in 1931
Lot Details
- 1,742
Interior Spaces
- 2-Story Property
Community Details
- Flatland Subdivision
Listing and Financial Details
- Legal Lot and Block 73 / 7821
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 11, 2016
Closed on
Sep 13, 2016
Sold by
Warren Paul
Bought by
Bui Huong
Seller's Agent
Erwin Murray
Keller Williams NYC
List Price
$500,000
Sold Price
$445,000
Premium/Discount to List
-$55,000
-11%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,013
Avg. Annual Appreciation
5.95%
Original Mortgage
$356,000
Outstanding Balance
$284,359
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$484,654
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bui Huong | $445,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bui Huong | $356,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/14/2016 09/14/16 | Sold | $445,000 | -11.0% | $264 / Sq Ft |
| 08/15/2016 08/15/16 | Pending | -- | -- | -- |
| 04/15/2016 04/15/16 | For Sale | $500,000 | -- | $297 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
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 | $6,317 | $45,960 | $8,820 | $37,140 |
| 2024 | $6,317 | $40,500 | $8,820 | $31,680 |
| 2023 | $6,317 | $47,580 | $8,820 | $38,760 |
| 2022 | $6,209 | $40,320 | $8,820 | $31,500 |
| 2021 | $6,197 | $41,520 | $8,820 | $32,700 |
| 2019 | $5,482 | $30,960 | $8,820 | $22,140 |
| 2018 | $5,284 | $25,920 | $8,247 | $17,673 |
| 2017 | $4,984 | $25,920 | $7,442 | $18,478 |
| 2016 | $4,596 | $24,539 | $7,945 | $16,594 |
| 2015 | $2,738 | $23,150 | $8,123 | $15,027 |
| 2014 | $2,738 | $21,840 | $8,400 | $13,440 |
Source: Public Records
Agents Affiliated with this Home
-
Erwin Murray
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10061088
APN: 07821-0073
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