240 88th St Brooklyn, NY 11209
Fort Hamilton NeighborhoodEstimated Value: $1,213,000 - $1,374,355
5
Beds
2
Baths
2,240
Sq Ft
$577/Sq Ft
Est. Value
About This Home
As of April 2019Located on a tree lined street in Bay Ridge section of Brooklyn, New York; You will find a well maintained 2 family home.
This home has been held by the same family since 1963. The rooms are spacious with high ceilings. The heat is hot water steam and electric is circuit breakers. The kitchens and bathrooms offer the new owner the opportunity to redesign the space. The home has 2 open porches and the backyard is filled with sunlight facing south. The home is priced to sell.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,880
Lot Details
- 2,000 Sq Ft Lot
- Lot Dimensions are 100 x 20
- Back and Front Yard
Parking
- On-Street Parking
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
- Rubber Roof
Flooring
- Parquet
- Laminate
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Utilities
- Heating System Uses Gas
- Electric Water Heater
Additional Features
- Stove
- Basement Fills Entire Space Under The House
Community Details
- 2 Units
- Insurance Expense $2,400
Listing and Financial Details
- Tax Block 6061
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 5, 2018
Closed on
Mar 28, 2019
Sold by
Charles Thomas Hannafey Deceased
Bought by
Shay Darren and Shay Marilyn
Sold Price
$1,100,000
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
$191,589
Avg. Annual Appreciation
2.56%
Original Mortgage
$580,000
Outstanding Balance
$510,962
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$780,627
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Shay Darren | $995,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Shay Darren | $580,000 |
Source: Public Records
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/25/2019 04/25/19 | Sold | $1,100,000 | -- | $491 / Sq Ft |
11/05/2018 11/05/18 | 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 | $10,708 | $73,500 | $14,280 | $59,220 |
2024 | $10,708 | $74,040 | $14,280 | $59,760 |
2023 | $10,216 | $81,660 | $14,280 | $67,380 |
2022 | $9,527 | $77,520 | $14,280 | $63,240 |
2021 | $9,501 | $66,180 | $14,280 | $51,900 |
2020 | $7,126 | $77,160 | $14,280 | $62,880 |
2019 | $9,294 | $77,160 | $14,280 | $62,880 |
2018 | $7,886 | $41,920 | $8,549 | $33,371 |
2017 | $7,461 | $39,770 | $8,069 | $31,701 |
2016 | $6,900 | $37,621 | $9,221 | $28,400 |
2015 | $4,086 | $37,621 | $11,109 | $26,512 |
2014 | $4,086 | $37,024 | $12,404 | $24,620 |
Source: Public Records
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 424938

APN: 06061-0025
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