NOT LISTED FOR SALE

Estimated Value: $1,785,000 - $2,310,000

7 Beds
3.5 Baths
2,220 Sq Ft
$904/Sq Ft Est. Value

Last Sold January 12, 2024

Last sale price $1,850,000 $833 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $11,108/month

Highlights

  • Deck
  • Wood Flooring
  • Heating System Uses Steam
  • James Madison High School Rated A-
  • Multiple cooling system units
  • Back Yard

About This Home

As of January 2024

HOUSE WAS RENTED.

BEST BLOCK

Detached 6 bedroom 1 family beauty on extra long lot for sale!

This home boasts a large living room and dining room. You'll enjoy the spacious kosher kitchen and sep dinette area. Sliding glass doors lead onto rear deck. Great backyard! Property is 120.5' long!

Must see this master bedroom suite with master bath and great closets. Nursery/sitting area/office adjacent to master bedroom.

Basement is finished with bedroom and full bath. An opportunity like this doesn't come along too often! Move in condition!

Last Agent to Sell the Property

Raizy Brisman

Brisman Realty Listed on: 01/17/2022

Last Buyer's Agent

Raizy Brisman

Brisman Realty Listed on: 01/17/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,879

Year Built

  • Built in 1920

Lot Details

  • 2,410 Sq Ft Lot
  • Lot Dimensions are 120 x 20
  • Back Yard
  • Property is zoned R5

Home Design

  • Block Foundation
  • Pitched Roof
  • Stucco Exterior

Interior Spaces

  • 2,220 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Finished Basement

Bedrooms and Bathrooms

  • 7 Bedrooms

Outdoor Features

  • Deck

Utilities

  • Multiple cooling system units
  • Mini Split Air Conditioners
  • Heating System Uses Steam
  • Heating System Uses Oil

Listing and Financial Details

  • Tax Block 6570

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,879

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Basement Amenities: Finished
  • Total Bathrooms: 4.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 2.00
  • Borough: Brooklyn
  • Building Length: 65.00
  • Building Width: 17.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue M
  • Cross Street Name2: Avenue N
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 1
  • Parking Attributes: Other
  • Parking Feature Single: Other
  • Property Sub Type: Single Family
  • Prop. Type: Residential
  • Residential Features: Central Air - Split, Deck
  • Rooms Total Level3: 2
  • Fill Sq Ft Total: 2220
  • Building Stories: 2
  • Street Name I D X: 7th
  • Building Style: Triplex
  • Withdrawal Type: Temporarily off Market
  • Year Built: 1920
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Basement Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 7
  • Flooring: Hardwood
  • Lot Sq Ft: 2410

Exterior Features

  • Yard: Back
  • Exterior Building Type: Detached
  • Exterior: Stucco
  • Foundation Details: Block
  • Lot Number: 71
  • Roof: Pitched

Utilities

  • Air Conditioning Units: 3
  • Electric: Circuit Breakers
  • Heating Fuel: Oil
  • Hot Water: Hot Water Coil in Boiler

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 120
  • Lot Size Width: 20
  • Zoning: R5

Tax Info

  • Flip Tax Amount: 6879.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2022
Closed on
Jan 12, 2024
Sold by
Sophia Simantov As Trustee and The Simantov Family Trust Dated Decembe
Bought by
1431 East 7 Llc
Seller's Agent
Raizy Brisman
Brisman Realty
Buyer's Agent
Raizy Brisman
Brisman Realty
List Price
$1,999,000
Sold Price
$1,850,000
Premium/Discount to List
-$149,000
-7.45%
Current Estimated Value
$2,006,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,600
Avg. Annual Appreciation
4.64%
Original Mortgage
$1,480,000
Outstanding Balance
$1,454,490
Interest Rate
7.03%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$552,110

Purchase Details

Closed on
Dec 31, 2019
Sold by
Simantov Sophie
Bought by
Simantov Family Trust and Sophie Simantov Trustee
Source: Public Records

Range of Values:

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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
1431 East 7 Llc $1,850,000 --
1431 East 7 Llc $1,850,000 --
Simantov Family Trust -- --
Simantov Family Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1431 East 7 Llc $1,480,000
Closed 1431 East 7 Llc $1,480,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2024 01/12/24 Sold $1,850,000 0.0% $833 / Sq Ft
03/31/2023 03/31/23 Off Market $1,850,000 -- --
01/17/2022 01/17/22 For Sale $1,999,000 -- $900 / Sq Ft
Source: Brooklyn Board of REALTORS®

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 $7,257 $135,060 $24,300 $110,760
2024 $7,257 $106,680 $24,300 $82,380
2023 $6,988 $94,260 $24,300 $69,960
2022 $6,519 $77,160 $24,300 $52,860
2021 $6,879 $83,460 $24,300 $59,160
2020 $5,159 $91,920 $24,300 $67,620
2019 $5,936 $91,920 $24,300 $67,620
2018 $5,480 $29,842 $7,554 $22,288
2017 $5,186 $28,410 $9,945 $18,465
2016 $5,070 $28,410 $10,585 $17,825
2015 $2,808 $27,447 $14,989 $12,458
2014 $2,808 $26,064 $14,865 $11,199
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 458209

Brooklyn Board of REALTORS®

APN: 06570-0071