NOT LISTED FOR SALE

1451 E 59th St Brooklyn, NY 11234

Flatlands Neighborhood

Estimated Value: $728,935 - $787,000

3 Beds
1 Bath
1,276 Sq Ft
$597/Sq Ft Est. Value

Last Sold January 13, 2021

Last sale price $679,000 $532 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,451/month

107 Days on Market

About This Home

As of January 2021

Welcome to 1451 East 59th Street in Old Mill Basin. This 1 Family home is located on the Southside of Brooklyn and is within close proximity to shopping and transportation. Upon entering you will find a spacious living room that connects to an enclosed front porch. As you continue through the first level you will find a formal dining room that leads to a large kitchen. The kitchen also allows for access to a full finished basement and the backyard. The second floor offers 3 spacious bedrooms and a full bathroom. There is also a finished attic that offers plenty of storage space. This home is located within close proximity to the B3, B41, B47, B100 buses, and the BM1 express bus to Manhattan

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,605

Year Built

  • Built in 1925

Lot Details

  • 2,100

Parking

  • Garage

Interior Spaces

  • 2-Story Property

Community Details

  • Millbas Subdivision

Listing and Financial Details

  • Legal Lot and Block 7904 / 22

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,605

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Cross Street: Avenue N
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: MILLBAS
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Garage/Parking

  • Garage: Yes

Utilities

  • Heating: Building Natural Gas

Building Info

  • Units: 1
  • Total Stories: 2
  • Year Built: 1925

Tax Info

  • Tax Block: 22
  • Tax Lot: 7904

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2020
Closed on
Jan 8, 2021
Sold by
Akram Hamid A
Bought by
Iqbal Nadeem
List Price
$679,000
Sold Price
$679,000
Current Estimated Value
$761,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,234
Avg. Annual Appreciation
2.42%
Original Mortgage
$510,000
Outstanding Balance
$454,133
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$307,101

Purchase Details

Closed on
Apr 24, 2008
Sold by
Vazquez Juan D and Vazquez Rosalind
Bought by
Akram Hamid A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,500
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 25, 2000
Sold by
Franco Albert
Bought by
Vasquez Juan D and Vasquez Rosalind

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
8.4%
Source: Public Records

Range of Values:

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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
Iqbal Nadeem $660,000 --
Akram Hamid A $435,000 --
Akram Hamid A $435,000 --
Vasquez Juan D $220,000 Fidelity National Title Ins
Vasquez Juan D $220,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iqbal Nadeem $510,000
Previous Owner Akram Hamid A $391,500
Previous Owner Vasquez Juan D $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2021 01/13/21 Sold $679,000 0.0% $532 / Sq Ft
12/26/2020 12/26/20 Off Market $679,000 -- --
10/16/2020 10/16/20 Pending -- -- --
07/01/2020 07/01/20 For Sale $679,000 -- $532 / 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 $5,605 $44,520 $7,560 $36,960
2024 $5,605 $43,740 $7,560 $36,180
2023 $5,625 $45,120 $7,560 $37,560
2022 $5,216 $40,620 $7,560 $33,060
2021 $5,188 $38,340 $7,560 $30,780
2020 $2,581 $34,020 $7,560 $26,460
2019 $4,572 $28,980 $7,560 $21,420
2018 $4,407 $23,080 $5,487 $17,593
2017 $4,139 $21,774 $5,812 $15,962
2016 $3,797 $20,542 $5,936 $14,606
2015 $2,663 $19,380 $8,400 $10,980
2014 $2,663 $19,380 $8,400 $10,980
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10643504

Real Estate Board of New York (REBNY)

APN: 07904-0022

New York Kings County Brooklyn 11234 Flatlands

1451 E 59th St, Brooklyn, NY

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