NOT LISTED FOR SALE

1396 E 58th St Brooklyn, NY 11234

Flatlands Neighborhood

Estimated Value: $808,180 - $948,000

5 Beds
3 Baths
1,836 Sq Ft
$484/Sq Ft Est. Value

Last Sold July 11, 2022

Last sale price $900,000 $490 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $5,250/month

182 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Formal Dining Room
  • Property is near public transit
  • Main Floor Bedroom
  • Eat-In Kitchen

About This Home

As of July 2022

Huge Legal Two Family House that is ready to move in. Great investment opportunity. First Floor: Living Room. Eat-in Kitchen. Dining Room. 2 Bedrooms. Full Bathroom. Second Floor: Living Room. Dining Room. Kitchen. Three Bedroom. Full Bathroom. Fully Finished Basement w/ High Ceilings, and a Bathroom. Close to Shopping Centers, two boilers , two hot water tanks.

Last Agent to Sell the Property

Hema Dhir

S H V Real Estate Corp License #10401348659 Listed on: 10/25/2021

Last Buyer's Agent

Non Member

NonMember

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,745

Year Built

  • Built in 1920

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 25x100
  • No Common Walls

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • Formal Dining Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Parking

  • Common or Shared Parking
  • Shared Driveway

Location

  • Property is near public transit

Schools

  • Ps 203 Floyd Bennett Elementary School
  • JHS 78 Roy H Mann Middle School
  • James Madison High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Geothermal Hot Water System

Listing and Financial Details

  • Legal Lot and Block 71 / 7882
  • Assessor Parcel Number 07882-0071

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,745

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Property Condition: DIMOND
  • Year Built: 1920
  • New Construction: No
  • Attribution Contact: 718-343-5200
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven, Refrigerator
  • Interior Amenities: 1st Floor Bedrm, Eat-in Kitchen, Formal Dining Room, Living Room / Dining Room, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Finished, Full
  • Inclusions: A/C Units, Refrigerator
  • Total Bedrooms: 5
  • Kitchens: 2

Exterior Features

  • Construction Materials: Frame
  • Flood Zone Date: 2021-10-26
  • Flood Zone Report: Yes

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Shared Driveway, Common

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Hot Water: Geothermal
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Jhs 78 Roy H Mann

Lot Info

  • Lot Size Acres: 0.0600
  • Lot Dimensions: 25x100
  • Lot Size Sq Ft: 2500.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 07882-0071
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2022-07-11
  • Tax Annual Amount: 6744.52
  • Tax Block: 7882
  • Tax Lot: 71
  • Tax Map Number: 07882-0071

Multi Family

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

MLS Schools

  • Elementary School: Ps 203 Floyd Bennett School
  • High School: James Madison High School
  • Middle School District: Brooklyn 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2021
Closed on
Jun 28, 2022
Sold by
Xavier Theo Omar
Bought by
St Vil Sandrine
Seller's Agent
Hema Dhir
S H V Real Estate Corp
Buyer's Agent
Non Member
NonMember
List Price
$899,000
Sold Price
$900,000
Premium/Discount to List
$1,000
0.11%
Current Estimated Value
$888,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,205
Avg. Annual Appreciation
-0.36%
Original Mortgage
$883,698
Outstanding Balance
$831,479
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$57,316

Purchase Details

Closed on
Jan 19, 2010
Sold by
Federal National Mortgage Association
Bought by
Xavier Theo Omar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$521,977
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 2004
Sold by
Patterson Maylene
Bought by
Persaud Shakuntala

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 8, 2003
Sold by
Gallopp Sandra
Bought by
Patterson Maylene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,750
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 29, 2003
Sold by
Fraser Loraine and Patterson Maylene
Bought by
Gallopp Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,750
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 25, 1997
Sold by
Fraser Lorraine
Bought by
Patterson Maylene and Fraser Lorraine

Purchase Details

Closed on
Aug 13, 1997
Sold by
Scalise Alfredo and Scalise Anna A
Bought by
Fraser Lorraine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,440
Interest Rate
7.41%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
St Vil Sandrine $900,000 --
St Vil Sandrine $900,000 --
St Vil Sandrine $900,000 --
Xavier Theo Omar $380,000 --
Xavier Theo Omar $380,000 --
Persaud Shakuntala $575,000 --
Persaud Shakuntala $575,000 --
Patterson Maylene -- --
Patterson Maylene -- --
Gallopp Sandra $385,000 --
Gallopp Sandra $385,000 --
Patterson Maylene -- American Title Ins Co
Patterson Maylene -- American Title Ins Co
Fraser Lorraine $249,000 --
Fraser Lorraine $249,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open St Vil Sandrine $883,698
Closed St Vil Sandrine $883,698
Previous Owner Xavier Theo Omar $521,977
Previous Owner Persaud Shakuntala $460,000
Previous Owner Gallopp Sandra $365,750
Previous Owner Fraser Lorraine $245,440
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2022 07/11/22 Sold $900,000 +1.7% $490 / Sq Ft
04/25/2022 04/25/22 Pending -- -- --
03/31/2022 03/31/22 Price Changed $885,000 -1.6% $482 / Sq Ft
10/25/2021 10/25/21 For Sale $899,000 -- $490 / 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 $7,231 $42,780 $10,020 $32,760
2024 $7,231 $50,340 $10,020 $40,320
2023 $6,898 $51,840 $10,020 $41,820
2022 $6,111 $48,600 $10,020 $38,580
2021 $6,449 $39,480 $10,020 $29,460
2020 $3,179 $36,900 $10,020 $26,880
2019 $5,983 $36,900 $10,020 $26,880
2018 $5,473 $28,306 $7,421 $20,885
2017 $5,145 $26,707 $8,109 $18,598
2016 $5,029 $26,707 $8,832 $17,875
2015 $2,819 $26,503 $10,740 $15,763
2014 $2,819 $25,003 $10,001 $15,002
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2022

    Hema Dhir

    S H V Real Estate Corp

    Section Image

  • N

    Buyer's Agent in 2022

    Non Member

    NonMember

See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY3355118

OneKey® MLS

APN: 07882-0071

New York Kings County Brooklyn 11234 Flatlands

1396 E 58th St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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