NOT LISTED FOR SALE

1617 W 3rd St Brooklyn, NY 11223

Gravesend Neighborhood

Estimated Value: $1,101,315 - $1,332,000

3 Beds
2.5 Baths
1,802 Sq Ft
$681/Sq Ft Est. Value

Last Sold August 10, 2022

Last sale price $990,000 $549 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $7,155/month

Highlights

  • Wood Flooring
  • 4-minute walk to Avenue P
  • Heating System Uses Steam
  • Is 228 David A Boody Rated A-
  • Multiple cooling system units
  • Private Driveway

About This Home

As of August 2022

This is a gem in GRAVESEND on a beautiful tree lined blocked. PRIVATE driveway. Nice front yard with landscaping. Full concrete backyard that can be used for more parking or however you please. House has great bones converted from a 1 family to a legal 2. Basement has an office and bath with a separate entrance. Blocks from the "N" and "f" trains. Steps to B6 and B82 buses. Close to kings highway or bay parkway shopping. Zoning for district 21 public schools.

Last Agent to Sell the Property

Keri Lynn Glasheen

Listed on: 03/29/2022

Last Buyer's Agent

Keri Lynn Glasheen

Listed on: 03/29/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,509

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 100 x 25
  • Back and Front Yard

Parking

  • Private Driveway

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof

Kitchen

  • Stove

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

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

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 6629

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,509

Lot Details

0

Listing Details

  • Basement Amenities: Full, Separate Entrance
  • Borough: Brooklyn
  • Building Length: 49.00
  • Building Width: 17.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue P
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: Other
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Refrigerator, Stove
  • Street Name I D X: 3rd
  • Building Style: Duplex
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 2
  • Basement Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 2500

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 72
  • Roof: Shingle

Utilities

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

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 25

Tax Info

  • Flip Tax Amount: 7509.00

Multi Family

  • Unit Count: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2022
Closed on
Aug 10, 2022
Sold by
Lotito Jr. John
Bought by
Li Jennifer and Ma Zhi Cheng
Seller's Agent
Keri Lynn Glasheen
Buyer's Agent
Keri Lynn Glasheen
Sold Price
$990,000
Current Estimated Value
$1,226,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,829
Avg. Annual Appreciation
6.89%
Original Mortgage
$742,500
Outstanding Balance
$710,036
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$516,793
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Li Jennifer $990,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Jennifer $742,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2022 08/10/22 Sold $990,000 -- $549 / Sq Ft
03/29/2022 03/29/22 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 $8,651 $62,280 $17,040 $45,240
2024 $8,651 $62,040 $17,040 $45,000
2023 $8,253 $71,580 $17,040 $54,540
2022 $7,653 $71,940 $17,040 $54,900
2021 $7,921 $64,080 $17,040 $47,040
2020 $5,941 $67,680 $17,040 $50,640
2019 $7,509 $67,680 $17,040 $50,640
2018 $6,903 $33,863 $7,844 $26,019
2017 $6,512 $31,947 $8,741 $23,206
2016 $6,270 $31,366 $9,876 $21,490
2015 $3,415 $31,366 $14,791 $16,575
2014 $3,415 $29,912 $12,463 $17,449
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Keri Lynn Glasheen

See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 460303

Brooklyn Board of REALTORS®

APN: 06629-0072

New York Kings County Brooklyn 11223 Gravesend

1617 W 3rd St, Brooklyn, NY

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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.

Nearby Homes