NOT LISTED FOR SALE

Estimated Value: $791,000 - $1,136,000

5 Beds
3 Baths
2,700 Sq Ft
$334/Sq Ft Est. Value

Last Sold September 02, 2023

Last sale price $830,000 $307 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,248/month

32 Days on Market

About This Home

As of September 2023

Introducing a fantastic opportunity to own a well-maintained multi-family home located in the highly sought-after borough of Brooklyn! This stunning property is ideal for those seeking an investment opportunity or a spacious residence for a large family. Currently a legal 2-family, with 2 units & a fully finished walk out basement with 2 additional bedrooms and a full bathroom and living room. Unit 1: 1 bed/1bath; Unit #2: 2 bed/1 bath; Walkout Basement assessable from 1st floor w/ additional 2 bedrooms & 1 bath. The property boasts a total of 5 bedrooms and 3 bathrooms spread over 3 floors. The interior of the home has been lovingly maintained over the years, offering a comfortable and inviting living space for residents. One of the most notable features of this property is its generously sized backyard, providing a peaceful and private outdoor space perfect for relaxation and recreation. Imagine hosting family barbeques, gardening, or simply enjoying the fresh air in the comfort of your own backyard. This multi-family home is located in a prime and quiet location of Canarsie Brooklyn, known for its thriving culture and booming real estate market. With the potential for high rental income, this property is a great investment opportunity for those looking to break into the lucrative real estate market. Alternatively, this property could also serve as a comfortable and spacious residence for a large family. With ample space for everyone to enjoy, this property offers the perfect blend of privacy and community living. Don't miss out on this incredible opportunity to own a multi-family home in Brooklyn that offers both comfort and investment potential. *Some photos virtually staged with furniture.* HOUSE WILL BE DELIVERED VACANT.

Last Agent to Sell the Property

Maurice Owen-Michaane

Capital Realty NY LLC License #10491205580 Listed on: 05/10/2023

Property Details

Home Type

  • Multi-Family

Lot Details

  • 2,004

Home Design

  • 2,700 Sq Ft Home
  • Entry on the 3rd floor

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Community Details

  • 2 Units
  • Canarsie Subdivision

Listing and Financial Details

  • Tax Block 8302

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Canarsie
  • Entry Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 2700.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 5

Exterior Features

  • Patio/Porch Features: Rooftop

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Building Cooling

Building Info

  • Units: 2

Tax Info

  • Tax Block: 8302

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2023
Closed on
Aug 11, 2023
Sold by
Estate Of Loretta Wharton
Bought by
Figaro Marie and Sejour Mahaliah
Seller's Agent
Maurice Owen-Michaane
Capital Realty NY LLC
List Price
$775,000
Sold Price
$830,000
Premium/Discount to List
$55,000
7.1%
Views
700
Current Estimated Value
$902,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,583
Avg. Annual Appreciation
3.68%
Original Mortgage
$760,072
Outstanding Balance
$738,725
Interest Rate
6.12%
Mortgage Type
FHA
Estimated Equity
$163,858

Purchase Details

Closed on
Jun 9, 2000
Sold by
Wharton Loretta and Wharton Johanna
Bought by
Wharton Loretta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,000
Interest Rate
8.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 12, 1997
Sold by
Wharton Loretta and Wharton Johanna
Bought by
Wharton Loretta and Wharton Johanna

Purchase Details

Closed on
Feb 27, 1997
Sold by
Block Edward and Block Roseann
Bought by
Wharton Loretta and Wharton Johanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,377
Interest Rate
7.77%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Figaro Marie $837,500 --
Figaro Marie $837,500 --
Figaro Marie $837,500 --
Wharton Loretta -- Executive Title Agency
Wharton Loretta -- Executive Title Agency
Wharton Loretta -- Commonwealth Land Title Ins
Wharton Loretta -- Commonwealth Land Title Ins
Wharton Loretta $203,000 American Title Ins Co
Wharton Loretta $203,000 American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Figaro Marie $760,072
Closed Figaro Marie $760,072
Previous Owner Wharton Loretta $71,000
Previous Owner Wharton Loretta $194,377
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2023 09/02/23 Sold $830,000 +7.1% $307 / Sq Ft
06/12/2023 06/12/23 Pending -- -- --
05/10/2023 05/10/23 For Sale $775,000 -- $287 / 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 $6,230 $45,540 $8,580 $36,960
2024 $6,230 $36,060 $8,580 $27,480
2023 $6,083 $37,320 $8,580 $28,740
2022 $5,510 $40,860 $8,580 $32,280
2021 $5,470 $36,540 $8,580 $27,960
2020 $4,102 $34,920 $8,580 $26,340
2019 $5,114 $35,160 $8,580 $26,580
2018 $4,790 $24,960 $8,580 $16,380
2017 $4,634 $24,201 $6,720 $17,481
2016 $4,254 $22,832 $6,732 $16,100
2015 $3,064 $21,540 $9,540 $12,000
2014 $3,064 $21,540 $9,540 $12,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10883945

Real Estate Board of New York (REBNY)

APN: 08302-0024