NOT LISTED FOR SALE

Estimated Value: $2,934,000 - $4,640,054

-- Bed
5 Baths
3,675 Sq Ft
$1,076/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $1,920,000 $522 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $21,824/month

Highlights

  • 1 Car Attached Garage
  • Private Driveway
  • Back Yard

About This Home

As of May 2023

Homecrest Prime! East 7th Street between Avenue R & Avenue S.
2 Family with C/O for a DR/Office on ground level. This Brick Home sits on a 30x125 Lot, building 22X65 Long,
Building 3,675 sqft.
2nd Floor- 3 Bedroom, Living Room, Large Kitchen, plus Dining Area with Full Bath and 3/4 Bath in the Master Bedroom. Washer/dryer, Front Balcony.
3rd Floor- Large Living Room with sliders to Front Balcony, 4 Bedrooms, Large Eik Kitchen, Dining Area, Full Bath & 3/4 Bath in Master Bedroom. Washer/dryer Private Drive with Additional Parking in the front of the House , Attached Garage, Near Shopping & Houses of Worship

Call for More Information & a Private appointment!

Last Agent to Sell the Property

Lisa Lilker Reich

MadisonEstates Sothebys Realty Listed on: 03/07/2023

MadisonEstates Sothebys Realty

Last Buyer's Agent

Lisa Lilker Reich

MadisonEstates Sothebys Realty Listed on: 03/07/2023

MadisonEstates Sothebys Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,613

Year Built

  • Built in 1955

Lot Details

  • 3,750 Sq Ft Lot
  • Lot Dimensions are 125 x 30
  • Back Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 3,675 Sq Ft Home
  • 2-Story Property

Parking

  • 1 Car Attached Garage
  • Private Driveway

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 6682

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,613

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Basement Amenities: None
  • Borough: Brooklyn
  • Building Length: 65.00
  • Building Width: 22.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue R
  • Cross Street Name2: Avenue S
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Other
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 1 Space, Attached Garage
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Other
  • Fill Sq Ft Total: 3675
  • Building Stories: 2
  • Street Name I D X: 7th
  • Year Built: 1955
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Flooring: Other
  • Lot Sq Ft: 3750

Exterior Features

  • Yard: Back
  • Exterior Building Type: Semi-Detached
  • Construction Type: Other
  • Exterior: Brick
  • Foundation Details: Other
  • Lot Number: 31
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: Other
  • Heating Fuel: Other
  • Hot Water: Other

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 125
  • Lot Size Width: 30
  • Zoning: R5

Tax Info

  • Flip Tax Amount: 12613.32

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2023
Closed on
May 31, 2023
Sold by
Bryks Howard and Felder As Trustee Joseph B
Bought by
Sardar Raphael
Seller's Agent
Lisa Lilker Reich
MadisonEstates Sothebys Realty
Buyer's Agent
Lisa Lilker Reich
MadisonEstates Sothebys Realty
List Price
$1,999,999
Sold Price
$1,920,000
Premium/Discount to List
-$79,999
-4%
Current Estimated Value
$3,954,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,034,264
Avg. Annual Appreciation
32.17%
Original Mortgage
$1,152,000
Outstanding Balance
$1,118,733
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,835,531

Purchase Details

Closed on
Apr 12, 2022
Sold by
Felder Trustee Simon and Myra Felder Family Trust
Bought by
Felder Trustee Joseph B and Sm Felder Family Trust

Purchase Details

Closed on
Nov 14, 2017
Sold by
Felder Myra
Bought by
Felder Trustee Simon and Myra Felder Family Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Sardar Raphael $1,920,000 --
Sardar Raphael $1,920,000 --
Sardar Raphael $1,920,000 --
Felder Trustee Joseph B -- --
Felder Trustee Joseph B -- --
Felder Trustee Joseph B -- --
Felder Trustee Simon -- --
Felder Trustee Simon -- --
Felder Trustee Simon -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sardar Raphael $1,152,000
Closed Sardar Raphael $1,152,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2023 05/31/23 Sold $1,920,000 -4.0% $522 / Sq Ft
03/07/2023 03/07/23 Pending -- -- --
03/07/2023 03/07/23 For Sale $1,999,999 -- $544 / Sq Ft
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 $14,015 $246,180 $26,520 $219,660
2024 $14,015 $289,620 $26,520 $263,100
2023 $13,370 $255,720 $26,520 $229,200
2022 $11,730 $209,280 $26,520 $182,760
2021 $12,996 $161,580 $26,520 $135,060
2020 $12,996 $135,060 $26,520 $108,540
2019 $12,164 $138,540 $26,520 $112,020
2018 $11,183 $54,859 $7,842 $47,017
2017 $9,904 $51,756 $10,914 $40,842
2016 $9,726 $51,756 $12,632 $39,124
2015 $5,450 $51,364 $12,861 $38,503
2014 $5,450 $48,458 $14,561 $33,897
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 472337

Brooklyn Board of REALTORS®

APN: 06682-0031