NOT LISTED FOR SALE

Estimated Value: $897,000 - $1,962,000

7 Beds
5 Baths
2,436 Sq Ft
$576/Sq Ft Est. Value

Last Sold February 08, 2018

Last sale price $1,400,000 $575 Per Sq Ft

Current estimated payment $8,167/month

94 Days on Market

About This Home

As of February 2018

Beautifully renovated 20 wide x 55 deep, 2 family brick townhouse. Not only is this home incredibly stylish, its a smart financial move: The rent from one unit will cover more than half of your mortgage. There is nothing like this on the market in this neighborhood at this price range. The chic renovation incorporates modern updates while lovingly preserving the historical character and detail of the house. Both apartments have open-plan living/dining/kitchen layouts. The sophisticated modern kitchens combine white cabinets with custom walnut shelving and butchers block countertops. The luxurious bathrooms feature Carrara Blanco tile on the walls, Nero Marquina marble hexagon tile on the floor, Grohe fixtures, and shelves made of repurposed rough-hewn antique beams.Many charming historic details were preserved, such as original parquet floors with decorative walnut border inlay, coffered ceilings in the master bedrooms, original stained glass windows, original moldings and built-in cupboards and closets. The sun-drenched top floor apartment has 4 bedrooms, two full marble baths, a balcony overlooking the backyard (mudroom attached), a private storage room in the basement and its own full-sized washer/dryer. Rental income for this unit would be approx. $3000.The parlor floor apartment has 3 bedrooms and 3 full baths. It duplexes down to a HUGE recreation room with 4 windows and direct access to the rear yard. Its a perfect space for a TV room, kids playroom, an office, or for guests. This apartment has a private laundry room with a full-sized washer/dryer, its own storage room, a mud room, and exclusive use of the back garden. This apartment would rent for approx. $3500.Which unit will you live in? Either way, the rental income will cover more than half of your mortgage payment. Many nearby subways to choose from: Newkirk Plaza B/Q, or Nostrand/Newkirk Ave 2 /5. Close to new hot-spots such as Ox Cart Tavern, Milk and Honey Cafe, Coffee Mob, Coffee Z, and Kings Theater.

Last Agent to Sell the Property

Leah Solomon

Compass License #10401247798 Listed on: 10/06/2017

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,908

Year Built

  • Built in 1910

Lot Details

  • 2,134

Home Design

  • Pre War Building

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Community Details

  • 2 Units
  • Ditmas Park Subdivision

Listing and Financial Details

  • Tax Block 5244

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,908

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Ditmas Park
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Rooms (Total): 10

Beds/Baths

  • Bathrooms Integer: 5
  • Bedrooms: 7

Building Info

  • Units: 2
  • Year Built: 1910

Tax Info

  • Tax Block: 5244

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2017
Closed on
Feb 8, 2018
Sold by
Big Megillah Properties Llc
Bought by
Stolkiner Jorge
Seller's Agent
Leah Solomon
Compass
List Price
$1,275,000
Sold Price
$1,400,000
Premium/Discount to List
$125,000
9.8%
Current Estimated Value
$1,404,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,031
Avg. Annual Appreciation
-0.22%
Original Mortgage
$900,000
Outstanding Balance
$764,963
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$612,217

Purchase Details

Closed on
Dec 9, 2014
Sold by
123 Powell Llc
Bought by
Big Megillah Properties Llc

Purchase Details

Closed on
Nov 5, 2013
Sold by
Morrisset Jean
Bought by
123 Powell Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2007
Sold by
Herold Francis and O'Donaghue Pauline
Bought by
Morisset Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.16%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Stolkiner Jorge $1,400,000 --
Big Megillah Properties Llc $625,000 --
Big Megillah Properties Llc $625,000 --
123 Powell Llc $172,000 --
123 Powell Llc $172,000 --
Morisset Jean $770,000 --
Morisset Jean $770,000 --
Herold Francis $570,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stolkiner Jorge $900,000
Previous Owner Big Megillah Properties Llc $568,750
Previous Owner 123 Powell Llc $200,000
Previous Owner 123 Powell Llc $100,000
Previous Owner Herold Francis $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2018 02/08/18 Sold $1,400,000 +9.8% $575 / Sq Ft
01/09/2018 01/09/18 Pending -- -- --
10/06/2017 10/06/17 For Sale $1,275,000 -- $523 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $6,908 $94,200 $24,240 $69,960
2024 $6,908 $77,280 $24,240 $53,040
2023 $6,920 $92,760 $24,240 $68,520
2022 $6,423 $89,340 $24,240 $65,100
2021 $6,394 $69,000 $24,240 $44,760
2020 $3,177 $62,520 $24,240 $38,280
2019 $5,996 $67,320 $24,240 $43,080
2018 $5,788 $28,393 $10,873 $17,520
2017 $5,466 $26,812 $13,194 $13,618
2016 $5,061 $25,318 $12,690 $12,628
2015 $3,051 $25,303 $15,979 $9,324
2014 $3,051 $23,886 $17,078 $6,808
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10073981

Real Estate Board of New York (REBNY)

APN: 05224-0146