NOT LISTED FOR SALE

Estimated Value: $619,779 - $825,000

5 Beds
2 Baths
1,920 Sq Ft
$372/Sq Ft Est. Value

Last Sold August 27, 2024

Last sale price $640,000 $333 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,168/month

60 Days on Market

Highlights

  • Property is near public transit
  • 3-minute walk to Van Siclen Avenue (J,Z Line)
  • Hot Water Heating System
  • Park

About This Home

As of August 2024

Amazing deal for a brick two-family home being delivered fully vacant in East New York, Brooklyn. This property has lots of potential, featuring a 3-bedroom unit over a 2-bedroom unit, along a finished walkout basement with extended living space. The private fenced backyard is perfect for relaxation and gatherings. Just a 2-minute walk to the Norwood Avenue subway station (J / Z lines) + several bus lines, including the B20 / Q24. Positioned off the Interboro Parkway; you’ll have quick trips to Manhattan and other boroughs. The neighborhood offers a variety of shops, eateries, and parks. Don’t miss out on this great investment!

Last Agent to Sell the Property

John Lajara

eXp Realty Brokerage Phone: 914-643-7400 License #40LA1150781 Listed on: 05/30/2024

eXp Realty

Last Buyer's Agent

Non Non Member-MLS

Non-Member MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,780

Year Built

  • Built in 1901

Lot Details

  • 1,899

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Location

  • Property is near public transit
  • Property is near schools
  • Property is near shops

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 Natural Gas
  • Gas Water Heater

Additional Features

  • 2-Story Property
  • 1,899 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 03949-0031

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,780

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Levels: Two
  • Year Built: 1901
  • Attribution Contact: 914-643-7400
  • ResoBuildingAreaSource: PublicRecords
  • CurrentPrice: 640000.00
  • MlsMajorChangeType: Sold
  • ListPrice_By_OriginalListPrice: 0.92857
  • ListPrice_By_LotSizeAcres: 14908256.8807
  • CurrentPrice_By_BuildingAreaTotal: 333.33333
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Water Heater
  • Full Bathrooms: 2
  • Basement: Full, Walk-Out Access
  • Total Bedrooms: 5
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Parking Description: On Street

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Park
  • Senior Community: No
  • Association: No

Schools

  • Middle School: Contact Agent

Lot Info

  • Lot Size Acres: 0.0436
  • Lot Size Sq Ft: 1899
  • Lot Features: Near Public Transit, Near School, Near Shops
  • Parcel Number: 03949-0031
  • Property Attached: Yes

Multi Family

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

Tax Info

  • Tax Annual Amount: 4780
  • 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 30, 2024
Closed on
Aug 27, 2024
Sold by
Garcia Delia
Bought by
Soo Joling
Seller's Agent
John Lajara
eXp Realty
Buyer's Agent
Non Non Member-MLS
Non-Member MLS
List Price
$699,999
Sold Price
$640,000
Premium/Discount to List
-$59,999
-8.57%
Current Estimated Value
$715,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,195
Avg. Annual Appreciation
9.07%

Purchase Details

Closed on
May 2, 2005
Sold by
Semacarit and Rene
Bought by
Garcia Delia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 14, 2003
Sold by
Morris Cynthia M
Bought by
First Elite Properties Group Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 2001
Sold by
Morris Melvin M
Bought by
Morris Cynthia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,500
Interest Rate
7.2%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Soo Joling $640,000 --
Soo Joling $640,000 --
Garcia Delia $490,000 --
Garcia Delia $490,000 --
First Elite Properties Group Ltd $212,000 --
First Elite Properties Group Ltd $212,000 --
Morris Cynthia M -- --
Morris Cynthia M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garcia Delia $95,000
Previous Owner Garcia Delia $380,000
Previous Owner First Elite Properties Group Ltd $220,000
Previous Owner Morris Cynthia M $40,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2024 08/27/24 Sold $640,000 -8.6% $333 / Sq Ft
07/29/2024 07/29/24 Pending -- -- --
05/30/2024 05/30/24 For Sale $699,999 -- $365 / 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 $5,008 $46,260 $10,560 $35,700
2024 $5,008 $45,060 $10,560 $34,500
2023 $4,780 $48,840 $10,560 $38,280
2022 $4,434 $49,140 $10,560 $38,580
2021 $4,410 $37,920 $10,560 $27,360
2020 $2,192 $38,040 $10,560 $27,480
2019 $4,347 $38,040 $10,560 $27,480
2018 $3,999 $19,615 $6,198 $13,417
2017 $3,773 $18,511 $7,524 $10,987
2016 $3,491 $17,464 $6,471 $10,993
2015 $2,106 $17,464 $7,200 $10,264
2014 $2,106 $17,317 $7,710 $9,607
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: H6309967

OneKey® MLS

APN: 03949-0031