NOT LISTED FOR SALE

1573 E 48th St Brooklyn, NY 11234

Flatlands Neighborhood

Estimated Value: $784,000 - $909,000

5 Beds
2 Baths
1,440 Sq Ft
$589/Sq Ft Est. Value

Last Sold September 04, 2019

Last sale price $510,000 $354 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $4,951/month

Highlights

  • Wood Flooring
  • Heating System Uses Steam
  • Back and Front Yard

About This Home

As of September 2019

Exclusive: Just Arrived. Great Opportunity. MIC. 2-Fam Semi-Brick. Bright & Airy rooms. Offering a 5 bedroom option, finished basement. All private entrances. Can be used as a x-large 1 family. Large rear yard, great for entertaining. Beautiful Residential Block. Walk too all shopping and transportation. Just a bit of love needed. MIC. All Mechanics in working order. Being sold as is. Don't miss this opportunity! Only $550,000. By appointment only. Text Barbara Horan: 917-922-2931

Last Agent to Sell the Property

Barbara Horan

RE/MAX Edge Listed on: 06/11/2019

RE/MAX Edge

Last Buyer's Agent

Barbara Horan

RE/MAX Edge Listed on: 06/11/2019

RE/MAX Edge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,434

Year Built

  • Built in 1899

Lot Details

  • 1,800 Sq Ft Lot
  • Lot Dimensions are 100 x 18
  • Back and Front Yard

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 1,440 Sq Ft Home
  • 2-Story Property
  • Stove
  • Finished Basement

Flooring

  • Wood
  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 7846

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,434

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Basement Amenities: Finished
  • Total Bathrooms: 2.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Borough: Brooklyn
  • Building Length: 40.00
  • Building Width: 18.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Ave L
  • Cross Street Name2: Ave M
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: None
  • Parking Feature Single: Street
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Refrigerator, Stove
  • Fill Sq Ft Total: 1440
  • Building Stories: 2
  • Street Name I D X: East 48th
  • Building Style: Ranch
  • Waterfront Present: No
  • Year Built: 1899
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 5
  • Flooring: Carpeting, Hardwood, Linoleum
  • Lot Sq Ft: 1800

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 22
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 18
  • Zoning: R3-2

Tax Info

  • Flip Tax Amount: 3434.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2020
Sold by
1573 East 48Th Street Llc
Bought by
Leacock Terrene
Current Estimated Value
$847,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$664,987
Outstanding Balance
$588,673
Interest Rate
3.7%
Mortgage Type
FHA
Estimated Equity
$259,091

Purchase Details

Listed on
Jun 11, 2019
Closed on
Sep 4, 2019
Sold by
Rodriguez Leporati Diana and Rodriguez Victor
Bought by
1573 East 48Th Street Llc
Seller's Agent
Barbara Horan
RE/MAX Edge
Buyer's Agent
Barbara Horan
RE/MAX Edge
Sold Price
$510,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.35%
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
Leacock Terrene $693,000 --
1573 East 48Th Street Llc $510,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leacock Terrene $664,987
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2019 09/04/19 Sold $510,000 -- $354 / Sq Ft
06/11/2019 06/11/19 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 $6,217 $63,780 $9,900 $53,880
2024 $6,217 $50,400 $9,900 $40,500
2023 $5,938 $48,600 $9,900 $38,700
2022 $5,579 $43,800 $9,900 $33,900
2021 $5,881 $39,300 $9,900 $29,400
2019 $3,733 $33,000 $9,900 $23,100
2018 $3,329 $24,364 $8,040 $16,324
2017 $3,605 $23,288 $7,418 $15,870
2016 $1,460 $23,288 $8,615 $14,673
2015 $766 $22,767 $8,941 $13,826
2014 $766 $21,496 $8,247 $13,249
Source: Public Records

Agents Affiliated with this Home

  • Barbara Horan

    Seller's Agent in 2019

    Barbara Horan

    RE/MAX

    (917) 922-2931

    29 in this area

    60 Total Sales

    Barbara Horan
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 430822

Brooklyn Board of REALTORS®

APN: 07846-0022

New York Kings County Brooklyn 11234 Flatlands

1573 E 48th St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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