NOT LISTED FOR SALE

1617 W 3rd St Brooklyn, NY 11223

Gravesend Neighborhood

Estimated Value: $1,124,554

3 Beds
2.5 Baths
1,802 Sq Ft
$624/Sq Ft Est. Value

Sale Details

Date Sold: August 10, 2022

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

Est. 14% increase in value since last sale

Current estimated payment $7,105 / mo

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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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

2,500 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
Seller's Agent
Keri Lynn Glasheen
Buyer's Agent
Keri Lynn Glasheen
Sold Price
$990,000
Current Estimated Value
$1,124,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,554
Avg. Annual Appreciation
3.16%
Original Mortgage
$742,500
Outstanding Balance
$699,269
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$425,285
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Gravesend, NY

  • Alex Gandelman Real Estate Agent - Serhant

    Alex Gandelman

    Serhant

    (718) 304-0293

    35 Total Sales

    1 in Gravesend

    $1,150,000 Price

    Alex Gandelman
     Section Image
  • Joseph Fuda Real Estate Agent - Compass Realty Central Inc

    Joseph Fuda

    Compass Realty Central Inc

    (855) 908-3005

    52 Total Sales

    3 in Gravesend

    $1,200,000 Price Range

    Joseph Fuda
     Section Image
  • Jon Goldstein Real Estate Agent - Hometime Estates LLC

    Jon Goldstein

    Hometime Estates LLC

    (866) 953-1441

    107 Total Sales

    5 in Gravesend

    $385K - $1.5M Price Range

    Jon Goldstein
     Section Image
  • Gabriel Kashi Real Estate Agent - KEYSTONE REALTY USA CORP

    Gabriel Kashi

    KEYSTONE REALTY USA CORP

    (347) 658-5258

    407 Total Sales

    1 in Gravesend

    $1,300,000 Price

    Gabriel Kashi
     Section Image
  • Danny Chung Real Estate Agent

    Danny Chung

    (866) 968-7198

    96 Total Sales

    1 in Gravesend

    $900,000 Price

    Danny Chung
     Section Image
  • John Sprague Real Estate Agent - RE/MAX Elite

    John Sprague

    RE/MAX Elite

    (718) 751-0584

    98 Total Sales

    2 in Gravesend

    $1.6M - $1.7M Price Range

    John Sprague
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$990,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $742,500
Closed Lotito John $192,000
Previous Owner Lotito John $150,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $9,072 $73,560 $17,040 $56,520
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
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

  • KG

    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.

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