NOT LISTED FOR SALE

1929 E 7th St Brooklyn, NY 11223

Homecrest Neighborhood

Estimated Value: $1,626,000 - $2,822,477

4 Beds
2.5 Baths
2,265 Sq Ft
$887/Sq Ft Est. Value

Last Sold August 27, 2020

Last sale price $1,225,000 $541 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $11,779/month

Highlights

  • Deck
  • Porch
  • Heating System Uses Steam
  • Wood Flooring
  • 1 Car Attached Garage
  • Private Driveway

About This Home

As of August 2020

EXCLUSIVE. Location, Location, Location! East 7th Street between Avenue R & Avenue S. Turn this Fixer Upper into your Dream Home! Large 2 Family Attached Brick. Building is 20 X 42. Private Drive. This Home is just Waiting for your TLC! This House features a Formal Entry, Large Formal Living Room, Formal Dining Room, Large Eat-In Kitchen, Half Bath & Deck off Dining Room with Stairs to Backyard. Upstairs has 2 Master Bedrooms & 1 Small Bedroom. Full Bath. 2 Hallway Closets. Walk-In Apt has Separate Entry, Living Room, Kitchen, Full Bath & 1 Bedroom. Exit to Backyard. Built-In Garage and Private Driveway. House Being Sold As-Is. Needs Total Renovation. No Fri/Sat Showings.

Last Agent to Sell the Property

Marilyn Feinberg

MadisonEstates Sothebys Realty Listed on: 06/05/2020

Last Buyer's Agent

Marilyn Feinberg

MadisonEstates Sothebys Realty Listed on: 06/05/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,575

Year Built

  • Built in 1940

Lot Details

  • 2,410 Sq Ft Lot
  • Lot Dimensions are 120 x 20
  • Back and Front Yard

Home Design

  • Duplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 2,265 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Walk-Out Basement
  • Stove

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Private Driveway

Outdoor Features

  • Deck
  • Porch

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 110 Volts
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 6683

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,575

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Basement Amenities: Walk-in
  • Total Bathrooms: 3.00
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 840
  • Building Length: 42.00
  • Building Width: 20.00
  • 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: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 1 Space, Built-In Garage
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Deck, Dryer, Porch, Refrigerator, Stove, Washer, Window Treatments
  • Fill Sq Ft Total: 2265
  • Building Stories: 2
  • Street Name I D X: 7
  • Street Number I D X: 1929
  • Building Style: Duplex
  • Year Built: 1940
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Basement Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Carpeting, Hardwood, Tile
  • Lot Sq Ft: 2410
  • Total Rooms: 10

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 66
  • Roof: Asphalt/Tar, Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 120
  • Lot Size Width: 20
  • Zoning: R5

Tax Info

  • Flip Tax Amount: 7575.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2020
Closed on
Aug 27, 2020
Sold by
Mermelstein Beth
Bought by
Oved Joseph
Seller's Agent
Marilyn Feinberg
MadisonEstates Sothebys Realty
Buyer's Agent
Marilyn Feinberg
MadisonEstates Sothebys Realty
Sold Price
$1,225,000
Current Estimated Value
$2,008,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$783,369
Avg. Annual Appreciation
10.37%
Original Mortgage
$918,750
Outstanding Balance
$818,654
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,189,715

Purchase Details

Closed on
Dec 24, 2012
Sold by
Beth Mermelstein Living Trust and Beth Mermelstein Trustee
Bought by
Mermelstein Beth

Purchase Details

Closed on
Mar 7, 2007
Sold by
Mermelstein Beth A
Bought by
Beth Mermelstein Living Trust and Beth Mermelstein Trustee

Purchase Details

Closed on
Aug 16, 2005
Sold by
Gorenstein Alice R and Gorenstein Harold A
Bought by
Mermelstein Beth A
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
Oved Joseph $1,225,000 --
Oved Joseph $1,225,000 --
Mermelstein Beth -- --
Mermelstein Beth -- --
Beth Mermelstein Living Trust -- --
Beth Mermelstein Living Trust -- --
Mermelstein Beth A -- --
Mermelstein Beth A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oved Joseph $918,750
Closed Oved Joseph $918,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2020 08/27/20 Sold $1,225,000 -- $541 / Sq Ft
06/05/2020 06/05/20 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 $10,035 $129,360 $25,080 $104,280
2024 $10,035 $138,420 $25,080 $113,340
2023 $9,941 $145,140 $25,080 $120,060
2022 $9,219 $118,800 $25,080 $93,720
2021 $9,719 $91,740 $25,080 $66,660
2020 $2,772 $92,760 $25,080 $67,680
2019 $7,486 $92,760 $25,080 $67,680
2018 $7,110 $40,791 $10,958 $29,833
2017 $7,167 $38,485 $12,132 $26,353
2016 $7,007 $38,485 $14,718 $23,767
2015 $3,939 $36,777 $16,057 $20,720
2014 $3,939 $34,698 $14,981 $19,717
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Marilyn Feinberg

    MadisonEstates Sothebys Realty

See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 438219

Brooklyn Board of REALTORS®

APN: 06683-0066

New York Kings County Brooklyn 11223 Homecrest

1929 E 7th St, Brooklyn, NY

This home is located at 1929 E 7th St, Brooklyn, NY 11223 since 05 June 2020 and is currently estimated at $2,008,369, approximately $886 per square foot. This property was built in 1940. 1929 E 7th St is a home located in Kings County with nearby schools including P.S. 238 - Anne Sullivan, Abraham Lincoln High School, and Ahaba Ve Ahva Cong & Yeshiva.

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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