NOT LISTED FOR SALE

1559 E 16th St Brooklyn, NY 11230

Midwood Neighborhood

Estimated Value: $1,079,000 - $1,166,000

3 Beds
1 Bath
1,408 Sq Ft
$797/Sq Ft Est. Value

Last Sold January 13, 2021

Last sale price $900,000 $639 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $7,126/month

Highlights

  • Wood Flooring
  • 3-minute walk to Kings Highway (B,Q Line)
  • Back, Front, and Side Yard
  • P.S. 197 Kings Highway Academy (The) Rated A-
  • 3 Car Detached Garage
  • Multiple cooling system units

About This Home

As of January 2021

This Single family home is situated in the wonderful neighborhood of Midwood! The first floor features a Sun Room, Formal Living Room, Formal Dining Room, and an Eat-In-Kitchen. The 2nd floor features 3 Bedrooms and a Full Bathroom. The Basement is Fully Finished with a Family Room, and a Separate Entrance. It has a nice sized backyard, front yard, parking for 3 cars on the Private Driveway and a Detached Garage. This home is in School District #22 with Public School 199, Yeshiva of Brooklyn Girls High School, New York School, IVDU Girls School, Matt's School, Public School PS-99, and Public School 177 only a short distance away. Close to shopping, dining and public transportation (B & Q Trains, B7, B82, B49 and B68 buses). Motivated Seller, Please present all offers!

Last Agent to Sell the Property

Ruslan Mingazov

RE/MAX Edge License #10301217779 Listed on: 09/17/2020

RE/MAX Edge

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,306

Year Built

  • Built in 1920

Lot Details

  • 2,467 Sq Ft Lot
  • Lot Dimensions are 25x98
  • Irregular Lot
  • Back, Front, and Side Yard
  • Property is zoned R4-1

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Wood Frame Construction
  • Pitched Roof
  • Stucco Exterior
  • Limestone

Interior Spaces

  • 1,408 Sq Ft Home
  • 2-Story Property

Kitchen

  • Stove
  • Microwave

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 3 Car Detached Garage
  • Private Driveway

Utilities

  • Multiple cooling system units
  • Window Unit Cooling System
  • Heating System Uses Steam
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Tax Block 6763

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,306

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full, Separate Entrance
  • Total Bathrooms: 1.00
  • Baths Total Level2: 1.00
  • Beds Total Level2: 3
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 640
  • Building Length: 40.00
  • Building Width: 16.00
  • Co List Office Mls Id: 118210
  • Co List Office Phone: (718) 612-3088
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue O
  • Cross Street Name2: Avenue P
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 1
  • Parking Attributes: 3 Spaces, Detached Garage
  • Parking Feature Single: Private Drive
  • Property Sub Type: Single Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit, A/C Unit - Window, Laundry Area, Microwave, Refrigerator, Stove
  • Rooms Total Level1: 4
  • Rooms Total Level2: 3
  • Fill Sq Ft Total: 1408
  • Building Stories: 2
  • Street Name I D X: 16
  • Street Number I D X: 1559
  • Building Style: Other
  • Year Built: 1920
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpeting, Hardwood, Tile
  • Lot Sq Ft: 2467
  • Room Count: 9
  • Total Rooms: 8

Exterior Features

  • Yard: Back, Front, Side
  • Exterior Building Type: Detached
  • Construction Type: Wood Frame
  • Exterior: Brick, Limestone, Stucco
  • Foundation Details: Poured Concrete
  • Lot Number: 70
  • Roof: Pitched

Utilities

  • Air Conditioning Units: 2
  • Electric: 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Dimensions: 25x98
  • Lot Size Irregular: Yes
  • Lot Size Length: 98
  • Lot Size Width: 25
  • Zoning: R4-1

Tax Info

  • Flip Tax Amount: 7306.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2020
Closed on
Jan 13, 2021
Sold by
Corso Ruth
Bought by
Makak Eileen Natalie and Rostrup Sean Christian
Seller's Agent
Ruslan Mingazov
RE/MAX Edge
Sold Price
$900,000
Current Estimated Value
$1,181,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,826
Avg. Annual Appreciation
5.75%
Original Mortgage
$688,000
Outstanding Balance
$618,246
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$544,478
Source: Public Records

Range of Values:

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Average Value
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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
Makak Eileen Natalie $870,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Makak Eileen Natalie $688,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2021 01/13/21 Sold $900,000 -- $639 / Sq Ft
09/17/2020 09/17/20 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 $7,858 $61,200 $16,980 $44,220
2024 $7,858 $56,040 $16,980 $39,060
2023 $7,499 $60,420 $16,980 $43,440
2022 $6,954 $57,780 $16,980 $40,800
2021 $7,331 $48,360 $16,980 $31,380
2020 $3,463 $55,680 $16,980 $38,700
2019 $6,527 $55,680 $16,980 $38,700
2018 $5,975 $30,770 $10,724 $20,046
2017 $5,618 $29,030 $9,586 $19,444
2016 $5,494 $29,030 $10,867 $18,163
2015 $3,083 $28,764 $14,091 $14,673
2014 $3,083 $27,169 $15,967 $11,202
Source: Public Records

Agents Affiliated with this Home

  • Ruslan Mingazov

    Seller's Agent in 2021

    Ruslan Mingazov

    RE/MAX Edge

    (646) 241-8842

    13 in this area

    236 Total Sales

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 443664

Brooklyn Board of REALTORS®

APN: 06763-0070

New York Kings County Brooklyn 11230 Midwood

1559 E 16th St, Brooklyn, NY

This home is located at 1559 E 16th St, Brooklyn, NY 11230 since 17 September 2020 and is currently estimated at $1,122,797, approximately $797 per square foot. This property was built in 1920. 1559 E 16th St is a home located in Kings County with nearby schools including P.S. 197 Kings Highway Academy (The), Jhs 234 Arthur W Cunningham, and Yeshiva Toras Emes Kaminetz Elementary School.

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Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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