NOT LISTED FOR SALE

Estimated Value: $1,119,477 - $1,593,000

6 Beds
5 Baths
3,900 Sq Ft
$345/Sq Ft Est. Value

Last Sold March 19, 2019

Last sale price $995,000 $255 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $7,998/month

177 Days on Market

About This Home

As of March 2019

Renovated two family house with almost 4,000sf inside and 4,000sf outside available in the Mill Basin section of Brooklyn neighboring Flatlands, Marine Park and Midwood. 6 bedrooms 3 full baths and 2 half baths are located throughout. This beautiful, spacious home is a dream come true for any buyer. The first floor is a mirror image of the top floor. The car port holds 2-3 cars and the exterior has been renovated. The top floor can be accessed through the door on your left and there is a buzzer in place where you don't have to come down the stairs. The top floor reveals a spacious living room once you walk up the stairs with a wall full of windows, the kitchen and separate dining room. The large bathroom is located off of the hallway. Three bedrooms are well laid out with closets and the master bedroom has a half bath. The same layout applies to the first floor. This house is not attached on either side so each room has windows flooding it with light. The basement is above grade/ground so also gets light. The laundry room with storage and a sink is located in the basement along with a full bath and three recreation rooms with doors to facilitate any of your needs. The backyard is beautifully landscaped with a storage shed set up.The mechanicals and roof have been updated. There is currently a licensed day care running on the first floor during the week so buyers have the option of keeping this business with established, high income for years or living in or renting the space. All floors have high ceilings and the property is beautifully landscaped outside.

Last Agent to Sell the Property

Tonya Canady

Serhant License #30CA0961614 Listed on: 08/23/2018

Serhant

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Additional Features

  • 2-Story Property
  • Lot Dimensions are 40.0 x 100.0

Community Details

  • 2 Units
  • Mill Basin Subdivision

Listing and Financial Details

  • Tax Block 7847

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Cross Street: Avenue M & Avenue L
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Mill Basin
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Beds/Baths

  • Bathrooms Integer: 5
  • Bedrooms: 6

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 40.0 x 100.0

Building Info

  • Units: 2
  • Total Stories: 2
  • Year Built: 1960

Tax Info

  • Tax Block: 7847

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2018
Closed on
Mar 19, 2019
Sold by
Forde Cecilia
Bought by
Victor Jacintha and Victor Jerry
Seller's Agent
Tonya Canady
Serhant
List Price
$1,300,000
Sold Price
$995,000
Premium/Discount to List
-$305,000
-23.46%
Current Estimated Value
$1,344,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$349,119
Avg. Annual Appreciation
4.51%
Original Mortgage
$746,250
Outstanding Balance
$654,749
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$689,370

Purchase Details

Closed on
Oct 31, 2006
Sold by
Retfalvi Ida
Bought by
Forde Cecilia and Forde Winfield

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Victor Jacintha $995,000 --
Forde Cecilia $640,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Victor Jacintha $746,250
Previous Owner Forde Cecilia $448,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2019 03/19/19 Sold $995,000 -23.5% $255 / Sq Ft
02/17/2019 02/17/19 Pending -- -- --
08/24/2018 08/24/18 For Sale $1,300,000 -- $333 / 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 $11,643 $64,200 $16,860 $47,340
2024 $11,643 $67,440 $16,860 $50,580
2023 $11,106 $80,220 $16,860 $63,360
2022 $10,299 $76,560 $16,860 $59,700
2021 $10,243 $59,100 $16,860 $42,240
2020 $5,092 $48,420 $16,860 $31,560
2019 $7,446 $48,420 $16,860 $31,560
2018 $8,992 $45,572 $12,909 $32,663
2017 $8,464 $42,993 $13,791 $29,202
2016 $7,798 $40,560 $16,860 $23,700
2015 $4,876 $43,130 $18,283 $24,847
2014 $4,876 $40,734 $17,268 $23,466
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10415361

Real Estate Board of New York (REBNY)

APN: 07847-0033