Seller's Agent in 2023
Jc Ho
JC Real Estate Capital Inc
(917) 674-2002
7 in this area
25 Total Sales
1978 W 3rd St Brooklyn, NY 11223
Gravesend NeighborhoodEstimated Value: $950,000 - $1,204,000
3
Beds
2
Baths
1,440
Sq Ft
$738/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Baseboard Heating
- Back and Front Yard
- P.S. 215 Morris H Weiss Rated A-
- Laundry Facilities
- 4-minute walk to McDonald Playground
About This Home
As of April 2023Great opportunity to own a Beautiful two-family semi-detached four over three rooms plus a full basement on west 3 rd street between Ave S and T. One of the most desirable blocks in the Gravesend area in Brooklyn.. Hardwood floors throughout, new windows, all renovated, high ceiling with high recess lighting. Huge kitchen combo with private access to own backyard. Ceiling fan in each room. Rear entrance to basement with laundry area. Newly renovated. The roof is three years old. The building is 16 x 45 and Lot 20 x 100 . Avenue U is only one block away. Close to shopping Kings Highway, Bay Parkway & 86 Street, and Public transportation N/F/Q train. B3 Bus. The house is in move-in condition and very well maintained.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,429
Year Built
- Built in 1925
Lot Details
- 2,050 Sq Ft Lot
- Lot Dimensions are 100 x 20
- Back and Front Yard
Parking
- Shared Driveway
Home Design
- Brick Exterior Construction
- Poured Concrete
- Rubber Roof
- Stucco Exterior
Interior Spaces
- 1,440 Sq Ft Home
- 2-Story Property
- Wood Flooring
- Stove
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Utilities
- Baseboard Heating
- Heating System Uses Gas
- Gas Water Heater
Community Details
- 2 Units
- Laundry Facilities
Listing and Financial Details
- Tax Block 7085
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 28, 2022
Closed on
Apr 11, 2023
Sold by
Palmeri John
Bought by
Lu Fen
Seller's Agent
Jc Ho
JC Real Estate Capital Inc
Buyer's Agent
Zhang Xian Jin
RE/MAX Edge
List Price
$1,388,000
Sold Price
$1,050,000
Premium/Discount to List
-$338,000
-24.35%
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
$12,877
Avg. Annual Appreciation
0.45%
Original Mortgage
$682,500
Outstanding Balance
$663,979
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$398,898
Purchase Details
Closed on
Nov 11, 1999
Sold by
Tatulli Frank
Bought by
Palmeri John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,900
Interest Rate
7.83%
Mortgage Type
Purchase Money Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lu Fen | $1,050,000 | -- | |
| Palmeri John | $241,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lu Fen | $682,500 | |
| Previous Owner | Palmeri John | $216,900 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/18/2023 04/18/23 | Sold | $1,050,000 | -7.0% | $729 / Sq Ft |
| 01/03/2023 01/03/23 | Price Changed | $1,128,888 | -1.8% | $784 / Sq Ft |
| 11/22/2022 11/22/22 | Price Changed | $1,150,000 | -7.1% | $799 / Sq Ft |
| 11/07/2022 11/07/22 | Price Changed | $1,238,000 | -3.9% | $860 / Sq Ft |
| 10/13/2022 10/13/22 | Price Changed | $1,288,000 | -7.2% | $894 / Sq Ft |
| 07/28/2022 07/28/22 | For Sale | $1,388,000 | -- | $964 / Sq Ft |
| 07/28/2022 07/28/22 | 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 | $5,958 | $66,360 | $12,180 | $54,180 |
| 2024 | $5,958 | $66,540 | $12,180 | $54,360 |
| 2023 | $5,762 | $71,760 | $12,180 | $59,580 |
| 2022 | $5,407 | $58,740 | $12,180 | $46,560 |
| 2021 | $5,429 | $50,580 | $12,180 | $38,400 |
| 2020 | $4,071 | $57,300 | $12,180 | $45,120 |
| 2019 | $5,171 | $57,300 | $12,180 | $45,120 |
| 2018 | $4,820 | $23,644 | $5,460 | $18,184 |
| 2017 | $4,601 | $22,572 | $5,514 | $17,058 |
| 2016 | $4,297 | $21,496 | $6,724 | $14,772 |
| 2015 | $2,568 | $21,496 | $6,359 | $15,137 |
| 2014 | $2,568 | $20,601 | $6,887 | $13,714 |
Source: Public Records
Agents Affiliated with this Home
-
Jc Ho
-
Zhang Xian Jin
Buyer's Agent in 2023
Zhang Xian Jin
RE/MAX Edge
1 in this area
24 Total Sales
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 464575
APN: 07085-0039
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