NOT LISTED FOR SALE

Estimated Value: $894,000 - $1,231,000

6 Beds
3.5 Baths
2,400 Sq Ft
$456/Sq Ft Est. Value

Last Sold May 21, 2018

Last sale price $900,000 $375 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $6,630/month

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Heating System Uses Steam

About This Home

As of May 2018

Rare Opportunity to Acquire this 3 Family “Detached Brick” Home. Located in the Prime Residential Neighborhood of Old Mill Basin. This Fantastic 2 story home with finished basement would be delivered vacant.

Features a Total of 6 Bedrooms 3 ½ Baths, Finished Basement, Extra Wide Share Drive, 2 Car Garage. All Rooms are Large, Bright and Airy with an Abundance of Sunlight. Owners can enjoy 3 Bedrooms located on 1st Floor. Top Floor offers, 2 Bedrooms and 1 Bedroom Apts.. The Home offers approximately 2,400 Sq ft of Living Space and its dimensions are 20' by 60'. Updated Hardwood Flooring. New Gas Heat. The lot size is approximate 3,000 Sq ft with its dimensions being 30' by 100'. Easy Access to All Transportation, Located on a prime, tree lined quiet block in the heart of OMB. Near all shopping, Restaurants, and Schools. Act quickly and make your best offer in Writing. Owners request prequel confirmation prior to appointments.

Last Agent to Sell the Property

Barbara Horan

RE/MAX Edge Listed on: 01/18/2018

RE/MAX Edge

Co-Listed By

Stephanie Warren

Brooklyn Real Property, Inc

Last Buyer's Agent

Stephanie Warren

Brooklyn Real Property, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,500

Year Built

  • Built in 1920

Lot Details

  • 3,000 Sq Ft Lot
  • Lot Dimensions are 100 x 30

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Stove
  • Finished Basement

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • 2 Parking Spaces
  • Shared Driveway

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 200+ Amp Service
  • Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Block 7878

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,500

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Basement Amenities: Finished
  • Total Bathrooms: 3.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Baths Total Level3: 1.00
  • Beds Total Level1: 3
  • Beds Total Level2: 2
  • Beds Total Level3: 1
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1200
  • Building Length: 60.00
  • Building Width: 20.00
  • Co List Office Mls Id: 111217
  • Co List Office Phone: (718) 377-6161
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue N
  • Cross Street Name2: Avenue M
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 3
  • Parking Attributes: 2 Spaces
  • Parking Feature Single: Shared Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Refrigerator, Stove
  • Rooms Total Level1: 5
  • Rooms Total Level2: 4
  • Rooms Total Level3: 3
  • Fill Sq Ft Total: 2400
  • Building Stories: 2
  • Street Name I D X: 54
  • Street Number I D X: 1542
  • Building Style: Colonial
  • Waterfront Present: No
  • Year Built: 1920
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 3
  • Basement Half Bathrooms: 1
  • Total Bedrooms: 6
  • Flooring: Hardwood
  • Lot Sq Ft: 3000
  • Total Rooms: 12

Exterior Features

  • Yard: None
  • Exterior Building Type: Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 72
  • Roof: Asphalt/Tar

Utilities

  • Air Conditioning Units: 0
  • Electric: 200 Amp
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 30
  • Zoning: R3-2

Tax Info

  • Flip Tax Amount: 7500.00

Multi Family

  • Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2021
Sold by
Ali Narasab and Mahmood Arshad
Bought by
Mahmood Arshad and Saeed Mohammad
Current Estimated Value
$1,093,327

Purchase Details

Listed on
Jan 18, 2018
Closed on
May 21, 2018
Sold by
1542 East 54 Llc
Bought by
Ali Narasab and Mahmood Arshad
Seller's Agent
Barbara Horan
RE/MAX Edge
Buyer's Agent
Stephanie Warren
Brooklyn Real Property, Inc
Sold Price
$900,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.40%
Original Mortgage
$630,000
Interest Rate
4.4%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 12, 2017
Sold by
Deserio Joseph and Deserio Richard
Bought by
1542 East 54 Llc

Purchase Details

Closed on
Sep 24, 2010
Sold by
Deserio Virginia
Bought by
Virginia Deserio Irrevocable Trust and William Deserio, Trustee
Source: Public Records

Range of Values:

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
Mahmood Arshad -- --
Ali Narasab $900,000 --
1542 East 54 Llc -- --
Deserio Joseph -- --
Virginia Deserio Irrevocable Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mahmood Arshad $660,000
Closed Ali Narasab $630,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2018 05/21/18 Sold $900,000 -- $375 / Sq Ft
01/18/2018 01/18/18 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $9,662 $63,360 $11,520 $51,840
2024 $9,662 $59,280 $11,520 $47,760
2023 $8,064 $72,060 $11,520 $60,540
2022 $7,747 $60,840 $11,520 $49,320
2021 $7,865 $56,400 $11,520 $44,880
2020 $3,869 $51,060 $11,520 $39,540
2019 $8,386 $51,060 $11,520 $39,540
2017 $7,574 $37,156 $9,350 $27,806
2016 $2,656 $35,712 $10,311 $25,401
2015 $1,504 $35,412 $10,057 $25,355
2014 $1,504 $33,408 $11,385 $22,023
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 417191

Brooklyn Board of REALTORS®

APN: 07878-0072