NOT LISTED FOR SALE

1402 E 53rd St Brooklyn, NY 11234

Flatlands Neighborhood

Estimated Value: $782,374 - $920,000

4 Beds
2.5 Baths
1,820 Sq Ft
$455/Sq Ft Est. Value

Last Sold May 15, 2024

Last sale price $785,000 $431 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,849/month

31 Days on Market

About This Home

As of May 2024

This lovely 2-unit brick townhouse is located on a beautiful, quiet block in the Flatlands / Mill Basin area. The top two floors of the house boast a 3 bedroom, 1.5 bathroom owner's duplex with front and back patios. Enter into a large living area that leads into an updated kitchen and dining room. Off the dining room is a back patio with stairs down to a large, lush backyard ready for your green thumb. The first floor of the house has a smaller 1 bedroom, 1 bathroom apartment, as well as a full size garage accessed from a large driveway. This home is 20' x 42' on a 100' deep lot. Overall, the home is in good condition with many updates, hardwood floors, and through-wall air conditioning. A small amount of cosmetic work will make this property truly shine for its new owner. This is an estate sale being sold in as-is condition, and the contract of sale requires court approval. Delivered vacant. Please reach out for a showing!

Professional photos and floorplan coming soon

Last Agent to Sell the Property

Shannon Insana

Corcoran Group License #10301210686 Listed on: 08/17/2023

Corcoran Group

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,844

Year Built

  • Built in 1955

Lot Details

  • 2,033 Sq Ft Lot
  • Lot Dimensions are 100.00x20.33

Parking

  • Garage

Home Design

  • Entry on the 1st floor

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry in unit
  • Washer Dryer Allowed

Additional Features

  • 2-Story Property
  • Cooling System Mounted In Outer Wall Opening

Community Details

  • 2 Units
  • Flatlands Subdivision

Listing and Financial Details

  • Legal Lot and Block 0070 / 07832

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,844

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property SubType: Townhouse
  • Property Type: Residential
  • Neighborhood: Flatlands
  • Entry Level: 1
  • Structure Type: Townhouse
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 4

Exterior Features

  • View: Other
  • View: No
  • Patio/Porch Features: None

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: In Unit
  • Green Building Features: Green Building
  • Cooling: Wall Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 2033.0
  • Lot Size Dimensions: 100.00x20.33

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 2
  • Total Stories: 2
  • Year Built: 1955

Tax Info

  • Tax Block: 07832
  • Tax Lot: 0070
  • Tax Annual: 5844.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2023
Closed on
May 15, 2024
Sold by
Colleen Hall As Administrator and Estate Of Yvette Payne
Bought by
Ahmed Salma and Green Monty
Seller's Agent
Shannon Insana
Corcoran Group
List Price
$1
Sold Price
$785,000
Premium/Discount to List
$784,999
78499900%
Views
1357
Current Estimated Value
$828,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,094
Avg. Annual Appreciation
3.38%
Original Mortgage
$588,750
Outstanding Balance
$580,314
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$247,780

Purchase Details

Closed on
Jan 12, 2007
Sold by
Payne Yvette
Bought by
Cameron Arthur Assoc Inc

Purchase Details

Closed on
Jan 31, 2000
Sold by
Lieberman Judith
Bought by
Payne Yvette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
8.18%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Ahmed Salma $785,000 --
Ahmed Salma $785,000 --
Cameron Arthur Assoc Inc -- --
Cameron Arthur Assoc Inc -- --
Payne Yvette $239,000 Fidelity National Title Ins
Payne Yvette $239,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahmed Salma $588,750
Closed Ahmed Salma $588,750
Previous Owner Payne Yvette $227,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2024 05/15/24 Sold $785,000 +78499900.0% $431 / Sq Ft
09/18/2023 09/18/23 Pending -- -- --
08/17/2023 08/17/23 For Sale $1 -- $0 / 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 $6,125 $37,980 $7,740 $30,240
2024 $6,125 $37,440 $7,740 $29,700
2023 $5,843 $43,020 $7,740 $35,280
2022 $5,744 $39,420 $7,740 $31,680
2021 $5,713 $33,360 $7,740 $25,620
2020 $2,670 $33,000 $7,740 $25,260
2019 $5,023 $34,260 $7,740 $26,520
2018 $4,590 $23,976 $5,925 $18,051
2017 $4,588 $23,976 $5,825 $18,151
2016 $4,447 $23,794 $6,658 $17,136
2015 $2,623 $22,448 $6,948 $15,500
2014 $2,623 $21,178 $7,571 $13,607
Source: Public Records

Agents Affiliated with this Home

  • Shannon Insana

    Seller's Agent in 2024

    Shannon Insana

    Corcoran Group

    (646) 287-5538

    25 Total Sales

    Shannon Insana
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10958605

Real Estate Board of New York (REBNY)

APN: 07832-0070

New York Kings County Brooklyn 11234 Flatlands

1402 E 53rd St, Brooklyn, NY

Not Listed for Sale

Townhouses

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