NOT LISTED FOR SALE

Estimated Value: $1,709,000 - $1,735,000

7 Beds
4 Baths
-- Sq Ft
2,004 Sq Ft Lot

Last Sold October 29, 2018

Last sale price $2,100,500

Est. 18% decrease in value since last sale

Current estimated payment $10,137/month

387 Days on Market

About This Home

As of October 2018

Unique and Majestic, this THREE family semi-attached brick home BUILT 20' wide x 68' deep on a DOUBLE LOT (50' X 100'), inclusive of gorgeous large garden (19' x 68') with driveway and TWO-CAR GARAGE is on the market for the first time in 50 years. Live well and earn in this fabulous turn-key investment property. The enormous garden is sublime. Set-up: owners three bedroom/1.5 bath GARDEN duplex with finished full height English basement, AND two-two bedroom apts. Description follows. The owners three bed, 1.5 bath garden duplex with a large, full height finished English basement recreation room is approximately 2500 square feet of space itself. Freshly painted, it features a huge living room/dining room measuring 24'6" x 14'6, with a secret walk-in closet, a large, windowed eat-in-kitchen with plentiful cabinetry and new flooring. The bedrooms are all spacious. The baths are in good condition. There are 3 exposures, original parquet wood floors and cove ceilings. There is a stair down to the English basement bringing you to a huge, open room, with a hidden storage closet, plus there are additional storage rooms as well. This turn-key home has been extremely well-maintained. There are two, two bed-room rental apartments, with leases, generating good income, both in good condition, one newly renovated. The owners duplex will be delivered vacant. Set-up with lease dates and rental income available. This property is comprised of two lots, the one the house sits on is 20' x 100' and the house itself is a majestic 20' x 68'. The other lot is 30' x 100', and does contain within an approximately 10' easement for the shared driveway. The shared drive allows room for you to park 4 cars behind the garden/house (2 in the garage, and 2 outside it). Well-situated in vibrant Kensington, this home is literally around the corner from all amenities, including Foodtown, the Post Office, F/G trains, B67, B69, B35 buses, express buses, and all the retail on Church Ave. Amenities on Church Ave and Beverly Road include: Soho Café and Grill, Sake Sushi, Too B Thai, Carnival Fresh Market- a fab international produce and food store, and much more. It's a hop, skip and a jump to playgrounds, Prospect Park, Ft. Hamilton Parkway and Steeplechase Café, Hamilton's, Brancaccio's and it's near many houses of worship. This location is excellent.

Last Agent to Sell the Property

Carolyn Cedar

Compass License #10301206764 Listed on: 08/17/2017

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,853

Year Built

  • Built in 1910

Lot Details

  • 2,004

Interior Spaces

  • 3-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Community Details

  • 3 Units
  • Kensingt Subdivision

Listing and Financial Details

  • Tax Block 5332

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,853

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Cross Street: Louisa Street/Church Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: KENSINGT
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Living Area Units: Square Feet
  • Rooms (Total): 16

Beds/Baths

  • Bathrooms Integer: 4
  • Bedrooms: 7

Garage/Parking

  • Garage: No

Building Info

  • Units: 3
  • Total Stories: 3
  • Year Built: 1910

Tax Info

  • Tax Block: 5332

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2017
Closed on
Oct 26, 2018
Sold by
Halpern Trustee Baruch and Lea Jakubovic Irrevocable Trust
Bought by
Win Aung Ko
Seller's Agent
Carolyn Cedar
Compass
List Price
$2,470,000
Sold Price
$2,100,500
Premium/Discount to List
-$369,500
-14.96%
Current Estimated Value
$1,725,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$375,500
Avg. Annual Appreciation
-3.11%
Original Mortgage
$1,470,350
Outstanding Balance
$1,297,932
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$395,401

Purchase Details

Closed on
Apr 25, 2006
Sold by
Jakubovic Lea
Bought by
Lea Jakubovic Irrevocable Trust Dated 4/
Source: Public Records

Range of Values:

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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
Win Aung Ko -- --
Win Aung Ko $2,100,500 --
Win Aung Ko -- --
Lea Jakubovic Irrevocable Trust Dated 4/ -- --
Lea Jakubovic Irrevocable Trust Dated 4/ -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Win Aung Ko $27,986
Open Win Aung Ko $1,470,350
Closed Win Aung Ko $0
Previous Owner Jakubovic Lea $250,000
Previous Owner Jakubovic Lea $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2018 10/29/18 Sold $2,100,500 -15.0% --
09/29/2018 09/29/18 Pending -- -- --
09/06/2017 09/06/17 For Sale $2,470,000 -- --
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 $8,853 $94,140 $24,780 $69,360
2024 $8,853 $98,760 $24,780 $73,980
2023 $8,984 $98,760 $24,780 $73,980
2022 $8,819 $80,820 $24,780 $56,040
2021 $8,819 $79,020 $24,780 $54,240
2020 $3,791 $76,020 $24,780 $51,240
2019 $7,114 $75,180 $24,780 $50,400
2018 $6,848 $36,825 $10,840 $25,985
2017 $6,861 $36,825 $12,977 $23,848
2016 $6,334 $34,790 $16,180 $18,610
2015 $3,751 $32,821 $17,892 $14,929
2014 $3,751 $30,964 $18,925 $12,039
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10440736

Real Estate Board of New York (REBNY)

APN: 05332-0084