NOT LISTED FOR SALE

Estimated Value: $1,215,000 - $1,353,000

6 Beds
3 Baths
2,292 Sq Ft
$572/Sq Ft Est. Value

Last Sold October 21, 2024

Last sale price $1,250,000 $545 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $7,308/month

49 Days on Market

Highlights

  • Hot Water Heating System
  • P.S. 215 Morris H Weiss Rated A-
  • 5-minute walk to Kings Highway (N Line)

About This Home

As of October 2024

Welcome to 1820 West 5th Street in Gravesend, Brooklyn. This Impressive 2-Family Property Displays Stunning Curb-Appeal and Boasts a Building Size of 20' x 60'. Meticulously Maintained, this Home features 3 Bedrooms, over 3 Bedrooms, over a Full Walk-Out Basement. The Property's Shared Driveway leads directly into the Gorgeous Paved Backyard with perfect space for BBQ and Entertaining. In a Prime Brooklyn Location, this home is just minutes from the N Train, F Train, Avenue U, Belt Parkway, and endless Notable and Historical Brooklyn Restaurants and Venues. A Rare Find! This Home is Large enough for a Full Family to Live - while still Generating Rental $ Income. Make This Gem Yours Today!

Last Agent to Sell the Property

Anthony Mottola

Mottola Real Estate LLC Brokerage Phone: 718-894-8700 License #10491213489 Listed on: 05/13/2024

Last Buyer's Agent

Non Member

NonMember

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,605

Year Built

  • Built in 1920

Lot Details

  • 2,400 Sq Ft Lot
  • Lot Dimensions are 24x100
  • 1 Common Wall

Parking

  • Shared Driveway

Home Design

  • Frame Construction

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Basement

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

Schools

  • Ps 215 Morris H Weiss Elementary School
  • Is 228 David A Boody Middle School
  • Life Acad High School For Film And Music

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 14 / 6675
  • Assessor Parcel Number 06675-0014

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,605

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Levels: Two
  • Year Built: 1920
  • New Construction: No
  • Attribution Contact: 718-894-8700
  • BuildingSize: 20' x 60'
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 3
  • Basement: Full, Walk-Out Access
  • Total Bedrooms: 6
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Frame
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Shared Driveway

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water
  • Sewer: Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Is 228 David A Boody

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 24x100
  • Lot Size Sq Ft: 2400
  • Lot Size Units: Acres
  • Parcel Number: 06675-0014
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2024-05-16

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 8605
  • Tax Block: 6675
  • Tax Lot: 14
  • Tax Map Number: 06675-0014

MLS Schools

  • Elementary School: Ps 215 Morris H Weiss
  • High School: Life Acad Hs For Film And Music
  • Middle School District: Brooklyn 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2024
Closed on
Oct 21, 2024
Sold by
John Scivoli Trustee and The Scivoli Family Trust Dated April 08
Bought by
Lin Ce and Lin Dennis
Seller's Agent
Anthony Mottola
Mottola Real Estate LLC
Buyer's Agent
Non Member
NonMember
List Price
$1,598,000
Sold Price
$1,250,000
Premium/Discount to List
-$348,000
-21.78%
Views
7
Current Estimated Value
$1,311,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,913
Avg. Annual Appreciation
3.91%
Original Mortgage
$650,000
Outstanding Balance
$641,475
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$670,438

Purchase Details

Closed on
Apr 8, 2015
Sold by
Scivoli John and Scivoli Josephine
Bought by
Scivoli Family Trust Dated April 08 20 and Josephine Scivoli As Trustee

Purchase Details

Closed on
Dec 10, 1998
Sold by
Lobriglio John
Bought by
Scivoli John and Scivoli Josephine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.73%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Lin Ce $1,250,000 --
Lin Ce $1,250,000 --
Scivoli Family Trust Dated April 08 20 -- --
Scivoli Family Trust Dated April 08 20 -- --
Scivoli Family Trust Dated April 08 20 -- --
Scivoli John $250,000 Commonwealth Land Title Ins
Scivoli John $250,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Ce $650,000
Closed Lin Ce $650,000
Previous Owner Scivoli John $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2024 10/21/24 Sold $1,250,000 -21.8% $545 / Sq Ft
07/02/2024 07/02/24 Pending -- -- --
05/13/2024 05/13/24 For Sale $1,598,000 -- $697 / Sq Ft
Source: OneKey® MLS

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 $5,778 $79,260 $14,400 $64,860
2024 $5,778 $71,640 $14,400 $57,240
2023 $5,628 $83,580 $14,400 $69,180
2022 $3,246 $82,800 $14,400 $68,400
2021 $3,458 $74,760 $14,400 $60,360
2019 $3,126 $74,520 $14,400 $60,120
2018 $2,847 $34,395 $6,728 $27,667
2017 $2,684 $32,602 $7,245 $25,357
2016 $2,949 $32,602 $8,009 $24,593
2015 $1,635 $31,947 $9,292 $22,655
2014 $1,635 $30,156 $9,608 $20,548
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3551196

OneKey® MLS

APN: 06675-0014