NOT LISTED FOR SALE

Estimated Value: $388,033 - $494,000

9 Beds
3 Baths
3,924 Sq Ft
$108/Sq Ft Est. Value

Last Sold October 01, 2021

Last sale price $290,000 $74 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,918/month

117 Days on Market

Highlights

  • 0.5 Acre Lot
  • No HOA
  • 3 Car Detached Garage
  • Property is near public transit
  • Balcony
  • Porch

About This Home

As of October 2021

Great 3 Family investment opportunity with good cash flow. New roof on house and three car garage. Recently converted from oil to gas heat. Tenants have been long term but just recently switched to month to month to give new Buyer opportunity to keep as investment or move in to any of the three units. There is also a low maintenance exterior with replacement windows, well maintained siding, curb appeal and ample off street parking. Lower level includes a clean and secure basement with3 sets of laundry hookups for tenant use. Conveniently located with easy access to highways and public transportation.

Last Agent to Sell the Property

Billie Reese

Coldwell Banker Realty License #RES.0762849 Listed on: 05/20/2021

Coldwell Banker Realty

Co-Listed By

Greg Reese

Coldwell Banker Realty License #RES.0792825

Last Buyer's Agent

Solange Galvez

Rego Real Estate Group LLC License #RES.0813347

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,797

Year Built

  • Built in 1920

Lot Details

  • 0.5 Acre Lot
  • Level Lot

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • 3,924 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Car Detached Garage
  • Private Driveway

Outdoor Features

  • Balcony
  • Rain Gutters
  • Porch

Location

  • Property is near public transit
  • Property is near a bus stop

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Additional Features

  • Public Transportation
  • Gross Income $39,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,797

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Neighborhood: Behind The Rocks
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 3924
  • Public Record Living Room Sq Ft: 3924
  • Total Sq Ft: 3924
  • Year Built: 1920
  • Nearby Amenities: Commuter Bus, Playground/Tot Lot, Public Transportation, Walk to Bus Lines
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5724
  • Tax Year Updated Dt: 08/09/2021
  • Directions: Flatbush Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 9
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Full, Unfinished
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: No
  • Street Number Modifier: 147

Exterior Features

  • Exterior Features: Balcony, Gutters, Porch
  • Exterior Siding: Aluminum
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 3
  • Driveway Type: Private, Asphalt

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Lot Info

  • Acres: 0.5000
  • Lot Description: Level Lot
  • Zoning: NX-1

Multi Family

  • Gross Annual Income: 39000
  • Net Operating Income: 34304
  • Unit Count: 3
  • Total Multi Family: 15
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 4797
  • Total Assessed Value: 64575
  • Mil Rate Base: 74.290
  • Mil Rate Total: 74.290
  • Assessor Parcel Number: 591146

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2021
Closed on
Oct 1, 2021
Sold by
Latouch Augustine
Bought by
Munguia Rosa J and Munguia Roberto J
Seller's Agent
Billie Reese
Coldwell Banker Realty
Buyer's Agent
Solange Galvez
Rego Real Estate Group LLC
List Price
$290,000
Sold Price
$290,000
Current Estimated Value
$428,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,730
Avg. Annual Appreciation
10.39%
Original Mortgage
$284,747
Outstanding Balance
$263,575
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$161,084

Purchase Details

Closed on
Apr 23, 2007
Sold by
Crump Kareen
Bought by
Latouche Augustine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 15, 1999
Sold by
Cronin Mary Est
Bought by
Magalhaes Antonio and Magalhaes Madalena
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
Munguia Rosa J $290,000 None Available
Latouche Augustine $230,000 --
Magalhaes Antonio $41,000 --
Magalhaes Antonio $41,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Munguia Roberto J $55,800
Open Munguia Rosa J $284,747
Closed Munguia Rosa J $20,000
Previous Owner Magalhaes Antonio $207,000
Previous Owner Magalhaes Antonio $144,000
Previous Owner Magalhaes Antonio $36,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2021 10/01/21 Sold $290,000 0.0% $74 / Sq Ft
09/14/2021 09/14/21 Pending -- -- --
09/14/2021 09/14/21 For Sale $290,000 0.0% $74 / Sq Ft
08/20/2021 08/20/21 Off Market $290,000 -- --
05/25/2021 05/25/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $290,000 -- $74 / Sq Ft
Source: SmartMLS

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
2024 $6,847 $99,299 $10,437 $88,862
2023 $6,847 $99,299 $10,437 $88,862
2022 $6,847 $99,299 $10,437 $88,862
2021 $4,797 $64,575 $14,315 $50,260
2020 $4,797 $64,575 $14,315 $50,260
2019 $4,797 $64,575 $14,315 $50,260
2018 $4,636 $62,398 $13,832 $48,566
2016 $4,410 $59,363 $13,174 $46,189
2015 $4,201 $56,543 $12,548 $43,995
2014 $4,098 $55,161 $12,241 $42,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170400824

SmartMLS

APN: HTFD-000186-000611-000026