NOT LISTED FOR SALE

Estimated Value: $855,000 - $911,000

4 Beds
2 Baths
1,640 Sq Ft
$538/Sq Ft Est. Value

Last Sold July 23, 2024

Last sale price $865,000 $527 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,279/month

27 Days on Market

Highlights

  • Tudor Architecture
  • Ps 207 Elizabeth G Leary Rated A-
  • Hot Water Heating System

About This Home

As of July 2024

This multi-family home is the perfect investment property. Located in the Flatlands neighborhood in Brooklyn. This property has two 2-bedroom units with a driveway and a nice size backyard. Schedule a showing now to not miss this amazing opportunity. Additional Information: HeatingFuel:Oil Below Ground,

Last Agent to Sell the Property

Santo Ortiz

Ortiz Home Selling Team LLC Brokerage Phone: (914) 331-0896 License #10491208113 Listed on: 05/28/2024

Last Buyer's Agent

Santo Ortiz

Ortiz Home Selling Team LLC Brokerage Phone: (914) 331-0896 License #10491208113 Listed on: 05/28/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,700

Year Built

  • Built in 1925

Lot Details

  • 2,849 Sq Ft Lot

Home Design

  • Duplex
  • Tudor Architecture

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Driveway

Schools

  • Contact Agent Elementary And Middle School
  • Contact Agent High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Hot Water Heating System
  • Heating System Uses Oil
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 08529-0041

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,700

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Tudor
  • Property SubType: Duplex
  • Year Built: 1925
  • Attribution Contact: (914) 331-0896
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Basement YN: No

Exterior Features

  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 1
  • Parking Description: Driveway

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Hot Water, Oil
  • Sewer: Public Sewer
  • Utilities: Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Contact Agent

Lot Info

  • Lot Size Acres: 0.0654
  • Lot Size Area: 0.0654
  • Lot Size Sq Ft: 2849
  • Building Area Total: 1640
  • Parcel Number: 08529-0041
  • Property Attached: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 5700
  • Tax Year: 2023

MLS Schools

  • Elementary School: Contact Agent
  • High School: Contact Agent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2024
Closed on
Jul 22, 2024
Sold by
1930 E 52Nd Realty Llc
Bought by
Khanum Sobia
Seller's Agent
Santo Ortiz
Ortiz Home Selling Team LLC
Buyer's Agent
Santo Ortiz
Ortiz Home Selling Team LLC
List Price
$875,000
Sold Price
$865,000
Premium/Discount to List
-$10,000
-1.14%
Current Estimated Value
$882,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,714
Avg. Annual Appreciation
1.88%
Original Mortgage
$696,000
Outstanding Balance
$688,862
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$193,852

Purchase Details

Closed on
May 21, 2024
Sold by
Estate Of James Panagakos and James Michael Panagakos
Bought by
1930 E 52Nd Realty Llc

Purchase Details

Closed on
Jun 19, 2001
Sold by
Mcgannon Margaret Veron
Bought by
Panagakos James and Panagakos Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,500
Interest Rate
7.2%

Purchase Details

Closed on
Jul 9, 1996
Sold by
Kearns Robert W
Bought by
Mcgannon Margaret Veronica
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Khanum Sobia $870,000 --
1930 E 52Nd Realty Llc $610,000 --
Panagakos James -- --
Panagakos James -- --
Mcgannon Margaret Veronica $40,000 --
Mcgannon Margaret Veronica -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khanum Sobia $696,000
Previous Owner Panagakos James $18,233
Previous Owner Panagakos James $20,345
Previous Owner Panagakos James $11,598
Previous Owner Panagakos James $304,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2024 07/23/24 Sold $865,000 -1.1% $527 / Sq Ft
06/24/2024 06/24/24 Pending -- -- --
05/28/2024 05/28/24 For Sale $875,000 -- $534 / 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 $5,752 $51,900 $14,880 $37,020
2024 $5,752 $52,380 $14,880 $37,500
2023 $5,574 $46,320 $14,880 $31,440
2022 $5,135 $49,020 $14,880 $34,140
2021 $5,414 $44,700 $14,880 $29,820
2020 $4,060 $37,380 $14,880 $22,500
2019 $4,825 $40,680 $14,880 $25,800
2018 $4,499 $26,872 $11,900 $14,972
2017 $4,644 $25,437 $11,407 $14,030
2016 $4,547 $25,437 $10,126 $15,311
2015 $2,412 $24,616 $11,218 $13,398
2014 $2,412 $23,223 $10,584 $12,639
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: H6308528

OneKey® MLS

APN: 08529-0041