NOT LISTED FOR SALE

Estimated Value: $1,237,000 - $1,764,000

7 Beds
4 Baths
2,332 Sq Ft
$623/Sq Ft Est. Value

Last Sold April 22, 2024

Last sale price $1,670,000 $716 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $8,390/month

8 Days on Market

Highlights

  • Property is near public transit
  • 2-minute walk to Avenue U (Q Line)
  • Main Floor Primary Bedroom
  • Jhs 234 Arthur W Cunningham Rated A-
  • Wood Flooring
  • Granite Countertops

About This Home

As of April 2024

Welcome to this impeccably rebuilt two-family house in Homecrest/Sheepshed Bay area of Brooklyn, boasting modern elegance since its reconstruction in 2006. This spacious 2 family house features a total of 7 bedrooms and 4 baths, offering ample living space for a comfortable and versatile lifestyle. Enjoy the convenience of a private driveway leading to a 2-car garage, ensuring hassle-free parking. The full basement, with an outside entrance, adds versatility to the property. Perfectly situated, this home is in close proximity to shopping, trains, buses, and all essential amenities, making it an ideal choice for those seeking both style and convenience in one package.

Last Agent to Sell the Property

Humayun Zaman

Keller Williams Legendary Brokerage Phone: 347-413-1936 License #10301217931 Listed on: 01/30/2024

Keller Williams Legendary

Last Buyer's Agent

Humayun Zaman

Keller Williams Legendary Brokerage Phone: 347-413-1936 License #10301217931 Listed on: 01/30/2024

Keller Williams Legendary

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,843

Year Built

  • Built in 1930 | Remodeled in 2006

Lot Details

  • 2,800 Sq Ft Lot
  • Lot Dimensions are 35x80
  • No Common Walls

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 2-Story Property
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Location

  • Property is near public transit

Schools

  • Ps 255 Barbara Reing Elementary School
  • JHS 234 Arthur W Cunningham Middle School
  • James Madison High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 65 / 7350
  • Assessor Parcel Number 07350-0065

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,843

Year Built

Built in 1930 | Remodeled in 2006

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Property Condition: Diamond
  • Levels: Two
  • Year Built: 1930
  • New Construction: No
  • Year Built Effective: 2006
  • Attribution Contact: 347-413-1936
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2006

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Interior Amenities: Master Downstairs, First Floor Bedroom, Eat-in Kitchen, Granite Counters, Marble Bath, Master Bath
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Basement: Finished, Full, Walk-Out Access
  • Inclusions: Dishwasher,Dryer,Microwave,Refrigerator,Second Dishwasher,Washer
  • Total Bedrooms: 7
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick, Frame
  • FloodZoneReportYN: 0

Garage/Parking

  • Total Parking Spaces: 5
  • Attached Garage: No
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Private, Detached, 2 Car Detached, Driveway

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Jhs 234 Arthur W Cunningham

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Dimensions: 35x80
  • Lot Size Sq Ft: 2800
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 07350-0065
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 7843
  • Tax Block: 7350
  • Tax Lot: 65
  • Tax Map Number: 07350-0065

MLS Schools

  • Elementary School: Ps 255 Barbara Reing School
  • High School: James Madison High School
  • Middle School District: Brooklyn 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2024
Closed on
Apr 16, 2024
Sold by
Irfan Mazhar Trustee and Mazhar Iqbal Family Trust U/T/A Dated 5
Bought by
Ilie Khallouf Trustee and Kadi Khallouf Trustee
Seller's Agent
Humayun Zaman
Keller Williams Legendary
Buyer's Agent
Humayun Zaman
Keller Williams Legendary
List Price
$1,599,999
Sold Price
$1,670,000
Premium/Discount to List
$70,001
4.38%
Views
60
Current Estimated Value
$1,453,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$216,625
Avg. Annual Appreciation
-11.76%

Purchase Details

Closed on
May 10, 2023
Sold by
Irfan Mazhar As Administrator and The Estate Of Mazhar Iqbal
Bought by
Irfan Mazhar As Trustee and The Mazhar Iqbal Family Trust

Purchase Details

Closed on
May 8, 2006
Sold by
Ventola Joanne
Bought by
Iqbal Mazhar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$628,000
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 1999
Sold by
Faggiano Philip and Ventola Joanne
Bought by
Ventola Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,000
Interest Rate
7.54%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Ilie Khallouf Trustee $1,670,000 --
Ilie Khallouf Trustee $1,670,000 --
Irfan Mazhar As Trustee -- --
Irfan Mazhar As Trustee -- --
Iqbal Mazhar $785,000 --
Iqbal Mazhar $785,000 --
Ventola Joanne $60,000 First American Title Ins Co
Ventola Joanne -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Iqbal Mazhar $628,000
Previous Owner Iqbal Mazhar $78,500
Previous Owner Ventola Joanne $250,000
Previous Owner Ventola Joanne $344,500
Previous Owner Ventola Joanne $275,000
Previous Owner Ventola Joanne $210,000
Previous Owner Ventola Joanne $173,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2024 04/22/24 Sold $1,670,000 0.0% $716 / Sq Ft
02/09/2024 02/09/24 Pending -- -- --
02/06/2024 02/06/24 Off Market $1,670,000 -- --
01/31/2024 01/31/24 For Sale $1,599,999 -- $686 / 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 $7,756 $89,220 $17,580 $71,640
2024 $7,756 $82,800 $17,580 $65,220
2023 $7,843 $97,200 $17,580 $79,620
2022 $7,651 $91,500 $17,580 $73,920
2021 $7,609 $77,280 $17,580 $59,700
2020 $3,568 $75,960 $17,580 $58,380
2019 $6,732 $75,960 $17,580 $58,380
2018 $6,560 $32,180 $7,531 $24,649
2017 $6,510 $31,937 $9,677 $22,260
2016 $6,023 $30,130 $9,842 $20,288
2015 $3,414 $28,425 $11,569 $16,856
2014 $3,414 $26,817 $9,991 $16,826
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3528462

OneKey® MLS

APN: 07350-0065