NOT LISTED FOR SALE

Estimated Value: $715,098 - $908,000

6 Beds
4 Baths
2,128 Sq Ft
$386/Sq Ft Est. Value

Last Sold May 12, 2023

Last sale price $805,000 $378 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,736/month

37 Days on Market

Highlights

  • Property is near public transit
  • Park
  • Baseboard Heating
  • Post and Beam

About This Home

As of May 2023

191 Malta Street is the perfect property for any investor or homebuyer! This exquisite two family home has been fully renovated from inside out. From the exterior down to the interior this magnificent property offers you the ultimate multifamily in the area. Each unit includes 3 bedrooms and a fully renovated modern bathroom. Families can enjoy a spacious backyard for great entertainment and a gorgeous finished basement as a common area for the tenants. This 2,200 sqft property is an exclusive multifamily located in an elegant and quiet block. This is a one of a kind opportunity to invest and own an astonishing multifamily that is PRICED TO SELL!

Last Agent to Sell the Property

Nina Sabag

5 Boro Realty Corp License #10311207532 Listed on: 02/22/2023

Last Buyer's Agent

Nina Sabag

5 Boro Realty Corp License #10311207532 Listed on: 02/22/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,229

Year Built

  • Built in 1901 | Remodeled in 2022

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20x100
  • No Common Walls

Parking

  • On-Street Parking

Home Design

  • Post and Beam

Interior Spaces

  • 2-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms

Location

  • Property is near public transit

Schools

  • Brooklyn Gardens Elementary School
  • School Of The Future Brooklyn Middle School
  • Captain Vernon A Richards Hs-Fire High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 48 / 4343
  • Assessor Parcel Number 04343-0048

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,229

Year Built

Built in 1901 | Remodeled in 2022

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Year Built: 1901
  • New Construction: No
  • Year Built Effective: 2022
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2022

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement: Finished, Full
  • Total Bedrooms: 6
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Post and Beam
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: On Street

Utilities

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

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: School Of The Future Brooklyn

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Dimensions: 20x100
  • Lot Size Sq Ft: 2000
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04343-0048
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-02-24

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 3229
  • Tax Block: 4343
  • Tax Lot: 48
  • Tax Map Number: 04343-0048

MLS Schools

  • Elementary School: Brooklyn Gardens Elementary School,Fresh Creek School (The),Ps 13 Roberto Clemente,Ps 213 New Lots,Ps 273 Wortman,Ps 306 Ethan Allen
  • High School: Captain Vernon A Richards Hs-Fire
  • Middle School District: Brooklyn 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2023
Closed on
May 18, 2023
Sold by
19Mlt Management Inc
Bought by
Alexander Lizette
Seller's Agent
Nina Sabag
5 Boro Realty Corp
Buyer's Agent
Nina Sabag
5 Boro Realty Corp
List Price
$799,999
Sold Price
$805,000
Premium/Discount to List
$5,001
0.63%
Views
55
Current Estimated Value
$821,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,275
Avg. Annual Appreciation
0.87%
Original Mortgage
$790,419
Outstanding Balance
$769,671
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$51,604

Purchase Details

Closed on
Dec 29, 2021
Sold by
Malta 191 Llc
Bought by
19Mlt Management Inc

Purchase Details

Closed on
Nov 4, 2021
Sold by
Benjamin Referee Michael D
Bought by
Malta 191 Llc

Purchase Details

Closed on
Feb 7, 2012
Sold by
Medley Caleb
Bought by
Ali Shivon

Purchase Details

Closed on
May 19, 2006
Sold by
Randall Barnard
Bought by
Medley Caleb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 7, 2004
Sold by
Johnson Michael
Bought by
Randall Barnard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,750
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 14, 2004
Sold by
Woodburne Janie Louise
Bought by
Johnson Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,350
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Alexander Lizette $805,000 --
19Mlt Management Inc $560,000 --
Malta 191 Llc $2,806 --
Ali Shivon -- --
Medley Caleb $580,000 --
Randall Barnard $350,000 --
Johnson Michael $273,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alexander Lizette $790,419
Previous Owner Medley Caleb $464,000
Previous Owner Medley Caleb $116,000
Previous Owner Randall Barnard $422,750
Previous Owner Johnson Michael $259,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2023 05/12/23 Sold $805,000 +0.6% $378 / Sq Ft
02/22/2023 02/22/23 For Sale $799,999 -- $376 / Sq Ft
Source: OneKey® MLS

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 $3,553 $37,260 $10,140 $27,120
2024 $3,553 $43,800 $10,140 $33,660
2023 $3,403 $53,760 $10,140 $43,620
2022 $3,174 $43,980 $10,140 $33,840
2021 $3,173 $40,020 $10,140 $29,880
2020 $3,173 $37,860 $10,140 $27,720
2019 $3,084 $41,880 $10,140 $31,740
2018 $2,847 $13,965 $3,560 $10,405
2017 $2,701 $13,250 $4,655 $8,595
2016 $2,512 $12,565 $4,433 $8,132
2015 $1,508 $12,565 $4,991 $7,574
2014 $1,508 $12,286 $4,880 $7,406
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3460085

OneKey® MLS

APN: 04343-0048