NOT LISTED FOR SALE

197 E 56th St Brooklyn, NY 11203

East Flatbush Neighborhood

Estimated Value: $712,930

3 Beds
2 Baths
1,613 Sq Ft
$442/Sq Ft Est. Value

Sale Details

Date Sold: August 23, 2023

Last sale price $550,000 $341 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $4,511 / mo

Highlights

  • Wood Flooring
  • Baseboard Heating
  • Back Yard
  • Handicap Accessible
  • Private Driveway

About This Home

As of August 2023

Brick 2 family in East Flatbush
A private driveway with a garage needs TLC.
vacant and priced to sell.
Don't miss out!

Last Agent to Sell the Property

Daniel Sosani

Listed on: 03/24/2023

Last Buyer's Agent

Daniel Sosani

Listed on: 03/24/2023

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,295

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 100 x 20
  • Back Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Private Driveway

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • 110 Volts
  • Electric Water Heater

Additional Features

  • Walk-Out Basement
  • Handicap Accessible

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 4704

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,295

Lot Details

2,000 Sq Ft Lot

Listing Details

  • Basement Amenities: Separate Entrance
  • Borough: Brooklyn
  • Building Length: 48.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Church Ave
  • Cross Street Name2: Snyder Ave
  • Handicap Access Y N U: Yes
  • Heat Delivery: Baseboard
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 2 Spaces
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: None
  • Street Name I D X: 56th
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpeting, Hardwood
  • Lot Sq Ft: 2000

Exterior Features

  • Yard: Back
  • Exterior Building Type: Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Block
  • Lot Number: 70
  • Roof: Flat

Utilities

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

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20

Tax Info

  • Flip Tax Amount: 5295.00

Multi Family

  • Unit Count: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2023
Closed on
Aug 23, 2023
Sold by
Helen M Bowman Trust and Marilyn E Britt As Trustee
Bought by
Seller's Agent
Daniel Sosani
Buyer's Agent
Daniel Sosani
List Price
$650,000
Sold Price
$550,000
Premium/Discount to List
-$100,000
-15.38%
Views
114
Current Estimated Value
$712,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,930
Avg. Annual Appreciation
8.79%
Original Mortgage
$412,500
Outstanding Balance
$399,317
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$313,613
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in East Flatbush, NY

  • Hazel Fraser Real Estate Agent - Hot Homes Realty LLC.

    Hazel Fraser

    Hot Homes Realty LLC.

    (844) 908-4792

    13 Total Sales

    2 in East Flatbush

    $550K - $565K Price Range

    Hazel Fraser
     Section Image
  • Dazhi Simon Su Real Estate Agent - Re/Max Edge

    Dazhi Simon Su

    Re/Max Edge

    (646) 718-5880

    69 Total Sales

    2 in East Flatbush

    $600,000 Price Range

    Dazhi Simon Su
     Section Image
  • Yau Lung Chan Real Estate Agent - Keller Williams Realty Greater

    Yau Lung Chan

    Keller Williams Realty Greater

    (862) 343-9816

    39 Total Sales

    1 in East Flatbush

    $999,000 Price

    Yau Lung Chan
     Section Image
  • Sergio Balza Real Estate Agent - HomeSmart Premier Living Rlty

    Sergio Balza

    HomeSmart Premier Living Rlty

    (631) 203-2103

    59 Total Sales

    1 in East Flatbush

    $720,000 Price

    Sergio Balza
     Section Image
  • Martin Krasnoff Real Estate Agent - Highline Residential LLC

    Martin Krasnoff

    Highline Residential LLC

    (833) 734-0111

    25 Total Sales

    1 in East Flatbush

    $232,500 Price

    Martin Krasnoff
     Section Image
  • Paul Griffith Real Estate Agent - Griffith Real Estate LLC

    Paul Griffith

    Griffith Real Estate LLC

    (862) 772-8397

    19 Total Sales

    1 in East Flatbush

    $199,000 Price

    Paul Griffith
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$550,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $412,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/23/2023 08/23/23 Sold $550,000 -15.4% $341 / Sq Ft
04/26/2023 04/26/23 For Sale $650,000 0.0% $403 / Sq Ft
03/24/2023 03/24/23 Pending -- -- --
03/24/2023 03/24/23 For Sale $650,000 -- $403 / Sq Ft
Source: Brooklyn Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $5,831 $34,800 $11,700 $23,100
2025 $5,501 $35,760 $11,700 $24,060
2024 $5,501 $41,820 $11,700 $30,120
2023 $5,387 $43,740 $11,700 $32,040
2022 $4,636 $45,360 $11,700 $33,660
2021 $4,738 $38,040 $11,700 $26,340
2019 $4,116 $25,260 $11,700 $13,560
2018 $1,594 $22,104 $10,190 $11,914
2017 $1,607 $22,104 $9,752 $12,352
2016 $1,515 $21,370 $10,685 $10,685
2015 $826 $20,161 $11,513 $8,648
2014 $826 $19,020 $13,020 $6,000
Source: Public Records

Agents Affiliated with this Home

  • Daniel Sosani Real Estate Agent

    Seller's Agent in 2023

    Daniel Sosani

    (718) 915-6892

    2 in this area

    27 Total Sales

    Daniel Sosani
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 472569

Brooklyn Board of REALTORS®

APN: 04704-0070

New York Kings County Brooklyn 11203 East Flatbush

197 E 56th St, Brooklyn, NY

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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