NOT LISTED FOR SALE

Estimated Value: $2,219,000 - $3,017,000

7 Beds
3 Baths
2,640 Sq Ft
$990/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $1,625,000 $616 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $15,912/month

Highlights

  • 2 Car Detached Garage
  • Heating System Uses Steam
  • Back Yard

About This Home

As of November 2020

Opportunity knocking with this Midwood all brick huge two family, four bedroom over three bedroom apartment, built at 20 x 66.5 = 2,640 square feet plus 1,200 square foot full basement = approximately 3,800 square feet. Backyard, driveway and garage is always a plus. Can be renovated as a two family with huge income or a humongous one family

Last Agent to Sell the Property

Charles D'alessandro

MadisonEstates Sothebys Realty Listed on: 03/09/2020

MadisonEstates Sothebys Realty

Last Buyer's Agent

Charles D'alessandro

MadisonEstates Sothebys Realty Listed on: 03/09/2020

MadisonEstates Sothebys Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,552

Year Built

  • Built in 1925

Lot Details

  • 3,073 Sq Ft Lot
  • Lot Dimensions are 120 x 25
  • Back Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 2,640 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Shared Driveway

Utilities

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

Listing and Financial Details

  • Tax Block 6614

Community Details

Overview

  • 2 Units

Building Details

  • 2 Vacant Units
  • Fuel Expense $2,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,552

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Basement Amenities: Full
  • Total Bathrooms: 3.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Baths Total Level3: 1.00
  • Borough: Brooklyn
  • Building Length: 66.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue O
  • Cross Street Name2: Avenue P
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Available Units: 2
  • Number Of Families: 2
  • Parking Attributes: 2 Spaces, Detached Garage
  • Parking Feature Single: Shared Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Other
  • Rooms Total Level3: 4
  • Fill Sq Ft Total: 2640
  • Building Stories: 2
  • Street Name I D X: East 8
  • Building Style: Ranch
  • Waterfront Present: No
  • Year Built: 1925
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 3
  • Total Bedrooms: 7
  • Flooring: Other
  • Lot Sq Ft: 3073

Exterior Features

  • Yard: Back
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Other
  • Lot Number: 44
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 2000.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 120
  • Lot Size Width: 25
  • Zoning: R5

Tax Info

  • Flip Tax Amount: 9552.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2020
Closed on
Nov 24, 2020
Sold by
1582 East 8Th Street Llc
Bought by
Rudy Esther and Rudy Rudy
Seller's Agent
Charles D'alessandro
MadisonEstates Sothebys Realty
Buyer's Agent
Charles D'alessandro
MadisonEstates Sothebys Realty
Sold Price
$1,625,000
Current Estimated Value
$2,818,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,193,884
Avg. Annual Appreciation
9.61%
Original Mortgage
$1,218,750
Outstanding Balance
$1,082,037
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,532,204

Purchase Details

Closed on
Nov 12, 2015
Sold by
Allen Liebb Executor and Estate Of Anna Liebb
Bought by
1582 East 8Th Street Llc

Purchase Details

Closed on
May 21, 1997
Sold by
Albahari Irving
Bought by
Albahari Bernice
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rudy Esther $1,625,000 --
Rudy Esther $1,625,000 --
Rudy Esther $1,625,000 --
1582 East 8Th Street Llc -- --
1582 East 8Th Street Llc -- --
1582 East 8Th Street Llc -- --
1582 East 8Th Street Llc -- --
1582 East 8Th Street Llc -- --
1582 East 8Th Street Llc -- --
1582 East 8Th Street Llc -- --
Albahari Bernice -- --
Albahari Bernice -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rudy Esther $1,218,750
Closed Rudy Esther $1,218,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2020 11/24/20 Sold $1,625,000 -- $616 / Sq Ft
03/09/2020 03/09/20 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $15,284 $129,300 $27,000 $102,300
2024 $15,284 $123,600 $27,000 $96,600
2023 $14,387 $121,440 $27,000 $94,440
2022 $9,736 $102,960 $27,000 $75,960
2021 $10,138 $112,140 $27,000 $85,140
2020 $4,998 $89,880 $27,000 $62,880
2019 $9,552 $89,880 $27,000 $62,880
2018 $8,782 $43,079 $9,890 $33,189
2017 $8,285 $40,641 $13,467 $27,174
2016 $8,025 $40,143 $14,325 $25,818
2015 $4,624 $39,812 $16,898 $22,914
2014 $4,624 $38,053 $19,375 $18,678
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 437371

Brooklyn Board of REALTORS®

APN: 06614-0044