Seller's Agent in 2019
Ruslan Mingazov
RE/MAX Edge
(646) 241-8842
1 in this area
239 Total Sales
1971 E 16th St Brooklyn, NY 11229
Homecrest NeighborhoodEstimated Value: $1,061,000 - $1,215,000
6
Beds
2
Baths
2,093
Sq Ft
$556/Sq Ft
Est. Value
Highlights
- Deck
- 4-minute walk to Avenue U (Q Line)
- Terrace
- Jhs 234 Arthur W Cunningham Rated A-
- Wood Flooring
- 3-minute walk to Kelly Playground
About This Home
As of December 2019This two Family detached home is located in the up and coming neighborhood of Homecrest. In need of some TLC this home has amazing potential for End-Users and Investors. Boasting 2.5 stories; the first floor consists of 2 spacious bedrooms, formal living room, formal dining room, eat-in-kitchen and a full bath. The basement could be used as a duplex with the first floor but also has its own separate entrance. The second floor and stand up attic is used as a duplex with a total of 4 bedrooms, formal living room, formal dining room, a sun-room, an eat-in-kitchen/dinette and 1 full bathroom. Nearby transportation includes the B49 bus route and the Q train subway station. Located in School District #21. Motivated Seller, Present All Offers!
Last Agent to Sell the Property
RE/MAX Edge License #10301217779 Listed on: 06/03/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,661
Year Built
- Built in 1930
Lot Details
- 2,000 Sq Ft Lot
- Lot Dimensions are 100 x 20
- Back Yard
Home Design
- Poured Concrete
- Wood Frame Construction
- Pitched Roof
- Aluminum Siding
Interior Spaces
- 2,093 Sq Ft Home
- 2-Story Property
- Finished Basement
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
Parking
- 1 Parking Space
- Shared Driveway
- Parking Lot
Outdoor Features
- Deck
- Terrace
- Porch
Utilities
- Multiple cooling system units
- Window Unit Cooling System
- Heating System Uses Steam
- Heating System Uses Oil
- 220 Volts
- Oil Water Heater
Community Details
- 2 Units
- 2 Vacant Units
Listing and Financial Details
- Tax Block 7295
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 3, 2019
Closed on
Dec 5, 2019
Sold by
Brody Aryeh
Bought by
1971 Lucky Star Llc
Seller's Agent
Ruslan Mingazov
RE/MAX Edge
Buyer's Agent
Ruslan Mingazov
RE/MAX Edge
Sold Price
$800,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$362,857
Avg. Annual Appreciation
6.38%
Purchase Details
Closed on
Jan 18, 2019
Sold by
Dora Nevlin Trust
Bought by
Brody Aryeh
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 1971 Lucky Star Llc | $800,000 | -- | |
| Brody Aryeh | $800,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Brody Aryeh | $600,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/05/2019 12/05/19 | Sold | $800,000 | -- | $382 / Sq Ft |
| 06/03/2019 06/03/19 | Pending | -- | -- | -- |
Source: Brooklyn Board of REALTORS®
Tax History Compared to Growth
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 | $9,365 | $77,460 | $13,080 | $64,380 |
| 2024 | $9,365 | $61,200 | $13,080 | $48,120 |
| 2023 | $8,892 | $64,440 | $13,080 | $51,360 |
| 2022 | $8,992 | $58,800 | $13,080 | $45,720 |
| 2021 | $9,210 | $64,500 | $13,080 | $51,420 |
| 2020 | $9,210 | $66,120 | $13,080 | $53,040 |
| 2019 | $7,581 | $66,120 | $13,080 | $53,040 |
| 2018 | $5,024 | $32,678 | $7,522 | $25,156 |
| 2017 | $5,428 | $32,678 | $7,562 | $25,116 |
| 2016 | $5,278 | $32,431 | $8,728 | $23,703 |
| 2015 | $2,942 | $30,596 | $9,107 | $21,489 |
| 2014 | $2,942 | $28,865 | $9,894 | $18,971 |
Source: Public Records
Agents Affiliated with this Home
-
Ruslan Mingazov
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 430452
APN: 07295-0059
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