NOT LISTED FOR SALE

1426 E 51st St Brooklyn, NY 11234

Flatlands Neighborhood

Estimated Value: $726,000 - $815,000

Studio
3.5 Baths
1,915 Sq Ft
$408/Sq Ft Est. Value

Last Sold December 13, 2017

Last sale price $600,000 $313 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,750/month

Highlights

  • Raised Ranch Architecture
  • Fenced Yard
  • Private Driveway
  • Wood Flooring
  • Multiple cooling system units
  • Laundry Facilities

About This Home

As of December 2017

BACK ON THE MARKET 2 FAMILY PROPERTY LOCATED IN MILL BASIN CLOSE TO KINGS PLAZA SHOPPING CENTER PRIME LOCATION
OWNER IS READY TO RELOCATE, THERE ARE 2 TENANTS WILL BE SOLD AS IS PLEASE NOTE THERE IS A LARGE BACK YARD WITH ADDITIONAL PARKING

Last Buyer's Agent

Zhanna Vargas

MadisonEstates Sothebys Realty

MadisonEstates Sothebys Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,745

Lot Details

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

Home Design

  • Duplex
  • Raised Ranch Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation
  • Slab Foundation
  • Rubber Roof
  • Siding

Interior Spaces

  • 1,915 Sq Ft Home
  • 2-Story Property
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Stove
  • Microwave

Flooring

  • Wood
  • Carpet

Parking

  • 4 Parking Spaces
  • Private Driveway
  • Parking Lot

Utilities

  • Multiple cooling system units
  • Window Unit Cooling System
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Tax Block 7830

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,745

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Walk-in
  • Total Bathrooms: 3.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Baths Total Level3: 1.00
  • Borough: Brooklyn
  • Building Length: 34.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue K
  • Cross Street Name2: Avenue L
  • Handicap Access Y N U: No
  • Heat Delivery: Hot Air
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 4 Spaces, Parking Area
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit, A/C Unit - Window, Laundry Area, Microwave, Refrigerator, Stove
  • Rooms Total Level3: 3
  • Fill Sq Ft Total: 1915
  • Building Stories: 2
  • Street Name I D X: 51
  • Building Style: High Ranch
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 3
  • Basement Half Bathrooms: 1
  • Flooring: Carpeting, Hardwood
  • Lot Sq Ft: 2000
  • Basement Type: Duplex - Up/Down

Exterior Features

  • Yard: Back, Front, Fenced - Full
  • Exterior Building Type: Attached
  • Construction Type: Block, Brick
  • Exterior: Brick - Federal, Siding
  • Foundation Details: Block, Slab Concrete
  • Lot Number: 147
  • Roof: Flat, Rubber

Utilities

  • Air Conditioning Units: 3
  • Electric: 220 V, Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Dimensions: 2000
  • Lot Size Irregular: Yes
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R4

Rental Info

  • Tenant Monthly Rent: 2300.00

Tax Info

  • Flip Tax Amount: 4745.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2017
Closed on
Dec 13, 2017
Sold by
Fearon Debbbie
Bought by
Ahmed Muhammed and Jabbar Abdul
Buyer's Agent
Zhanna Vargas
MadisonEstates Sothebys Realty
Sold Price
$600,000
Current Estimated Value
$810,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,744
Avg. Annual Appreciation
3.30%
Original Mortgage
$517,500
Outstanding Balance
$435,238
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$345,859

Purchase Details

Closed on
Feb 9, 2006
Sold by
Fearon-Williams Debbie and Williams Alton
Bought by
Fearon Debbie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,500
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 23, 1998
Sold by
Griffo Sylvia
Bought by
Williams Alton and Fearon Williams Debbie
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 Muhammed $600,000 --
Fearon Debbie $112,000 --
Williams Alton $212,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahmed Muhammed $517,500
Previous Owner Fearon Debbie $358,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2017 12/13/17 Sold $600,000 -- $313 / Sq Ft
07/15/2017 07/15/17 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $6,477 $55,320 $13,020 $42,300
2024 $6,477 $43,680 $13,020 $30,660
2023 $6,499 $45,360 $13,020 $32,340
2022 $6,027 $44,520 $13,020 $31,500
2021 $5,994 $35,160 $13,020 $22,140
2020 $2,811 $30,180 $13,020 $17,160
2019 $5,621 $30,180 $13,020 $17,160
2018 $5,436 $26,666 $9,660 $17,006
2017 $5,129 $25,159 $9,962 $15,197
2016 $4,745 $23,736 $10,936 $12,800
2015 $2,863 $22,394 $10,299 $12,095
2014 $2,863 $22,394 $9,759 $12,635
Source: Public Records

Agents Affiliated with this Home

  • Z

    Buyer's Agent in 2017

    Zhanna Vargas

    MadisonEstates Sothebys Realty

    (718) 645-1665

    6 in this area

    22 Total Sales

    Zhanna Vargas
    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 412221

Brooklyn Board of REALTORS®

APN: 07830-0147

New York Kings County Brooklyn 11234 Flatlands

1426 E 51st St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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