NOT LISTED FOR SALE

Estimated Value: $1,300,000 - $1,440,000

-- Bed
3 Baths
-- Sq Ft
2,000 Sq Ft Lot

Last Sold February 18, 2021

Last sale price $1,170,000

Est. 19% increase in value since last sale

Current estimated payment $7,997/month

Highlights

  • Wood Flooring
  • 3 Car Attached Garage
  • Laundry Facilities
  • Porch
  • Heating System Uses Steam
  • Back Yard

About This Home

As of February 2021

Prime Gravesend home with Private Parking! This large 2 family home is in excellent condition. The house is built 20X63 on a 20X100 lot. Although the home is completely attached, the breezeway provides windows in every room of the house including all kitchens and bathrooms! The community driveway leads to the rear of the house allowing access to the attached garage. The top floor apartment converted the formal dining room into the 4th bedroom. The main floor and basement is a 2 bedroom duplex with 2 full baths. The basement is an open concept layout with all tile flooring and access to the garage. There is a separate entrance to the basement that can create more rental income. All kitchens and baths have been updated. The house has been upgraded with 2 new separate heating and water tanks. New doors and granite counters. THE TENANTS PAY THEIR OWN UTILITIES!This house will not last!!!

Last Agent to Sell the Property

Frank Lupi

Wolf Properties Inc Listed on: 09/08/2020

Last Buyer's Agent

Frank Lupi

Wolf Properties Inc Listed on: 09/08/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,836

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 100 x 20
  • Back Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater

Additional Features

  • Basement Fills Entire Space Under The House
  • Porch

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Tax Block 7180

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,836

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Baths Total Level3: 1.00
  • Borough: Brooklyn
  • Building Length: 63.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue w
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 3 Spaces, Attached Garage
  • Parking Feature Single: Community Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Wall, Alarm, Dishwasher, Dryer, Garage Door Opener(s), Laundry Area, Microwave, Porch, Refrigerator, Stove, Washer
  • Street Name I D X: 5
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 2000

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Block
  • Lot Number: 18
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 220 V, Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20

Tax Info

  • Flip Tax Amount: 6836.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2020
Closed on
Feb 12, 2021
Sold by
Cannizzaro Palma and Cannizzaro Salvatore A
Bought by
Kbabieh Albert
Seller's Agent
Frank Lupi
Wolf Properties Inc
Buyer's Agent
Frank Lupi
Wolf Properties Inc
Sold Price
$1,170,000
Current Estimated Value
$1,388,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,936
Avg. Annual Appreciation
3.59%
Original Mortgage
$936,000
Outstanding Balance
$833,319
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$555,617

Purchase Details

Closed on
Aug 25, 2004
Sold by
Cannizzaro Anthony and Cannizzaro Palma
Bought by
Cannizzaro Salvatore A
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
Kbabieh Albert $1,170,000 --
Kbabieh Albert $1,170,000 --
Kbabieh Albert $1,170,000 --
Cannizzaro Salvatore A -- --
Cannizzaro Salvatore A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kbabieh Albert $936,000
Closed Kbabieh Albert $936,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2021 02/18/21 Sold $1,170,000 -- --
09/08/2020 09/08/20 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $8,636 $88,980 $12,420 $76,560
2024 $8,636 $92,580 $12,420 $80,160
2023 $8,659 $81,840 $12,420 $69,420
2022 $8,033 $71,760 $12,420 $59,340
2021 $7,992 $67,740 $12,420 $55,320
2020 $3,748 $73,140 $12,420 $60,720
2019 $6,836 $73,140 $12,420 $60,720
2018 $6,584 $35,532 $4,507 $31,025
2017 $6,189 $33,531 $6,415 $27,116
2016 $5,706 $31,648 $6,379 $25,269
2015 $3,377 $29,859 $9,024 $20,835
2014 $3,377 $29,859 $9,024 $20,835
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 443394

Brooklyn Board of REALTORS®

APN: 07180-0018