NOT LISTED FOR SALE

Estimated Value: $1,261,000 - $1,690,000

6 Beds
4 Baths
2,730 Sq Ft
$568/Sq Ft Est. Value

Last Sold January 25, 2019

Last sale price $1,370,000 $502 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $9,019/month

257 Days on Market

About This Home

As of January 2019

Stately brick townhouse in Crown Heights with three stories plus a finished basement and deep back yard! With a lot measuring 20' wide and 80' deep, this property has been well preserved and is in excellent move-in condition. The entry foyer has double doors and an original wood banister, with a skylight at the top of the stairs filling the common space with light. Configured as three apartments plus a separate finished basement offering access to the back yard. Each apartment has two bedrooms, large open kitchen and full bath. Move in as is, or utilize the *Approved Plans* provided with this sale to transform it into a modern owners duplex and two high income producing rentals. Close proximity to the A & C, 3 & 4 trains and LIRR makes this townhouse a smart choice. Delivered vacant. Please inquire for more details!

Last Agent to Sell the Property

Henze Marvin Realtor

Corcoran Group License #10401251103 Listed on: 01/23/2018

Corcoran Group

Co-Listed By

Paul Dawson

Compass License #10301201902

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,610

Year Built

  • Built in 1910

Home Design

  • Pre War Building

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Additional Features

  • 3-Story Property
  • Lot Dimensions are 80.0 x 20.0

Community Details

  • 3 Units
  • Crown Heights Subdivision

Listing and Financial Details

  • Tax Block 1340

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,610

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Cross Street: Albany Avenue & Troy Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Crown Heights
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Beds/Baths

  • Bathrooms Integer: 4
  • Bedrooms: 6

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 80.0 x 20.0

Building Info

  • Units: 3
  • Total Stories: 3
  • Year Built: 1910

Tax Info

  • Tax Block: 1340

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2018
Closed on
Jan 25, 2019
Sold by
Dela Cruz Johnny
Bought by
Rabah Mahmoud
Seller's Agent
Henze Marvin Realtor
Corcoran Group
List Price
$1,475,000
Sold Price
$1,370,000
Premium/Discount to List
-$105,000
-7.12%
Current Estimated Value
$1,598,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,668
Avg. Annual Appreciation
1.85%
Original Mortgage
$999,999
Outstanding Balance
$875,595
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$674,356

Purchase Details

Closed on
Aug 3, 2017
Sold by
Purcell Sherill L
Bought by
Dela Cruz Johnny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,010
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 10, 2011
Sold by
1513 Dean Street Llc
Bought by
Purcell Sherill L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,436
Interest Rate
4.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 5, 2011
Sold by
Purcell-Mingo Sherill
Bought by
1513 Dean Street Llc

Purchase Details

Closed on
Jul 29, 2008
Sold by
Mingo Herbie and Purcell-Mingo Sherill
Bought by
Purcell-Mingo Sherill

Purchase Details

Closed on
Jul 30, 2007
Sold by
Gibson Leonard
Bought by
Mingo Herbie and Purcell-Mingo Sherill

Purchase Details

Closed on
Sep 14, 2006
Sold by
Ellis Shirley
Bought by
Gibson Leonard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,600
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 5, 1998
Sold by
Ellis Shirley and Lashley Meta
Bought by
Ellis Shirley
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
Rabah Mahmoud $1,370,000 --
Rabah Mahmoud $1,370,000 --
Dela Cruz Johnny $1,095,400 --
Dela Cruz Johnny $1,095,400 --
Purcell Sherill L -- --
Purcell Sherill L -- --
1513 Dean Street Llc -- --
1513 Dean Street Llc -- --
Purcell-Mingo Sherill -- --
Purcell-Mingo Sherill -- --
Mingo Herbie $60,000 --
Mingo Herbie $60,000 --
Gibson Leonard $572,000 --
Gibson Leonard $572,000 --
Ellis Shirley -- --
Ellis Shirley -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rabah Mahmoud $999,999
Closed Rabah Mahmoud $999,999
Previous Owner Dela Cruz Johnny $712,010
Previous Owner Purcell Sherill L $6,436
Previous Owner Gibson Leonard $457,600
Closed Purcell-Mingo Sherill $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2019 01/25/19 Sold $1,370,000 -7.1% $502 / Sq Ft
12/26/2018 12/26/18 Pending -- -- --
04/13/2018 04/13/18 For Sale $1,475,000 -- $540 / 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 $7,610 $90,660 $16,440 $74,220
2024 $7,610 $99,900 $16,440 $83,460
2023 $7,512 $109,080 $16,440 $92,640
2022 $7,220 $89,280 $16,440 $72,840
2021 $7,445 $87,240 $16,440 $70,800
2020 $1,412 $81,420 $16,440 $64,980
2019 $2,791 $66,540 $16,440 $50,100
2018 $2,568 $12,597 $3,135 $9,462
2017 $2,428 $11,911 $3,011 $8,900
2016 $2,250 $11,253 $3,840 $7,413
2015 $1,355 $11,244 $5,764 $5,480
2014 $1,355 $11,120 $6,838 $4,282
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10423101

Real Estate Board of New York (REBNY)

APN: 01340-0066