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 August 12, 2023

Last sale price $837,500 $310 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,234/month

11 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • 1 Car Attached Garage
  • Property is near public transit
  • Main Floor Primary Bedroom
  • Eat-In Kitchen

About This Home

As of August 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. Additional Information: ParkingFeatures:1 Car Attached, BuildingAreaSource: Other,

Last Agent to Sell the Property

Maurice Owen-Michaane

Capital Realty NY LLC Brokerage Phone: (917) 842-5552 License #10491205580 Listed on: 05/13/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,702

Year Built

  • Built in 1960 | Remodeled in 2010

Lot Details

  • 2,178 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 1 Car Attached Garage
  • Driveway

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas

Additional Features

  • Eat-In Kitchen
  • Wood Flooring
  • Deck
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 08302-0024

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,702

Year Built

Built in 1960 | Remodeled in 2010

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1960
  • Year Built Effective: 2010
  • Attribution Contact: (917) 842-5552
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2010

Interior Features

  • Interior Amenities: Master Downstairs, First Floor Bedroom, Eat-in Kitchen
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 5
  • SquareFootageSource: Other

Exterior Features

  • Patio and Porch Features: Deck

Garage/Parking

  • Total Parking Spaces: 2
  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Attached, Driveway

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Other
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: On Demand
  • NumberOfHeatingZones: 3

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.05
  • Parcel Number: 08302-0024
  • Property Attached: Yes

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf1Bedrooms: 1
  • NumberOf2Bedrooms: 2

Tax Info

  • Tax Annual Amount: 5702
  • Tax Map Number: 08302-0024
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: Brooklyn 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 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
$837,500
Premium/Discount to List
$62,500
8.06%
Views
85
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
$65,083
Avg. Annual Appreciation
3.15%
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
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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
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
08/12/2023 08/12/23 Sold $837,500 0.0% $310 / Sq Ft
05/25/2023 05/25/23 Pending -- -- --
05/23/2023 05/23/23 Off Market $837,500 -- --
05/13/2023 05/13/23 For Sale $775,000 -- $287 / Sq Ft
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 $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

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Map

Source: OneKey® MLS

MLS Number: KEY6248088

OneKey® MLS

APN: 08302-0024