$775,000
SOLD JUL 13, 2021
5 Beds
3 Baths
1,938 Sq Ft
1,783 Sq Ft Lot

Recently Sold

$400 Per Sq Ft

2% Below List Price

155 Days on Market

Highlights

  • City View
  • Wood Flooring
  • Park
  • Property is near public transit
  • 2 Car Detached Garage
  • 4-minute walk to Paerdegat Park

About This Home

As of July 2021

BACK ON THE MARKET. Welcome to 1408 Troy Ave, Brooklyn. 2 Family Brick House in East Flatbush. 2 bedroom over a 3 Bedrooms duplex. Property is well maintained. The 2 bedroom unit has LR/DR, nice size bedrooms, great for additional rental income.Duplex unit top floor features 3 bedrooms and a full bath, closet space, and secondary entrance from outside.Walk-in floor features LR/DR, Kitchen and bath. Access to the backyard, great space for you to entertain guests, or just relax. Backyard also leads to the 2 car garage. Close to parks, stores, etc. Schedule your appointment to view today.

Last Agent to Sell the Property

Kwesi Cunningham

Excell Choice Realty Brokerage Phone: 718-705-4646 License #10401263628 Listed on: 09/30/2020

Last Buyer's Agent

Non Member

NonMember

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,690

Year Built

  • Built in 1940

Lot Details

  • 1,783 Sq Ft Lot
  • Lot Dimensions are 17.83x100
  • No Common Walls

Parking

  • 2 Car Detached Garage

Property Views

  • City
  • Park or Greenbelt

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Storage
  • Wood Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near public transit

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 29 / 4990
  • Assessor Parcel Number 04990-0029

Community Details

Overview

  • 2 Units

Recreation

  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,690

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Year Built: 1940
  • New Construction: No
  • Attribution Contact: 718-705-4646
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator
  • Interior Amenities: Storage
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: None
  • Inclusions: Refrigerator
  • Total Bedrooms: 5
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick
  • View: City, Park/Greenbelt
  • View YN: Yes
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Private, Detached, 2 Car Detached

Utilities

  • Heating: Natural Gas, Baseboard

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.04
  • Lot Size Area: 0.04
  • Lot Dimensions: 17.83x100
  • Lot Size Sq Ft: 1783
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04990-0029
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2

Tax Info

  • Tax Annual Amount: 6690
  • Tax Block: 4990
  • Tax Lot: 29
  • Tax Map Number: 04990-0029

MLS Schools

  • Middle School District: Brooklyn 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2020
Closed on
Jul 13, 2021
Sold by
Miller John and Miller Joy
Bought by
Meah Tipu
Seller's Agent
Kwesi Cunningham
Excell Choice Realty
Buyer's Agent
Non Member
NonMember
List Price
$789,995
Sold Price
$775,000
Premium/Discount to List
-$14,995
-1.9%
Current Estimated Value
$811,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,771
Avg. Annual Appreciation
1.07%
Original Mortgage
$620,000
Outstanding Balance
$566,686
Interest Rate
2.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$242,765
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $775,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $620,000 Purchase Money Mortgage
Previous Owner $80,800 No Value Available
Previous Owner $100,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2021 07/13/21 Sold $775,000 0.0% $400 / Sq Ft
07/13/2021 07/13/21 Sold $775,000 -1.9% $400 / Sq Ft
03/04/2021 03/04/21 Pending -- -- --
01/14/2021 01/14/21 Price Changed $789,995 0.0% $408 / Sq Ft
01/14/2021 01/14/21 For Sale $789,995 +1.9% $408 / Sq Ft
12/11/2020 12/11/20 Pending -- -- --
09/30/2020 09/30/20 For Sale $775,000 -- $400 / Sq Ft
08/13/2020 08/13/20 Pending -- -- --
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 $7,187 $48,960 $12,660 $36,300
2024 $7,187 $46,320 $12,660 $33,660
2023 $6,856 $51,480 $12,660 $38,820
2022 $6,358 $45,960 $12,660 $33,300
2021 $6,703 $41,700 $12,660 $29,040
2020 $5,027 $35,400 $12,660 $22,740
2019 $6,238 $35,400 $12,660 $22,740
2018 $5,437 $28,132 $9,062 $19,070
2017 $5,111 $26,541 $10,219 $16,322
2016 $4,996 $26,541 $12,017 $14,524
2015 $2,800 $26,339 $14,039 $12,300
2014 $2,800 $24,849 $13,681 $11,168
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3257327

OneKey® MLS

APN: 04990-0029