NOT LISTED FOR SALE

247 Weirfield St Brooklyn, NY 11221

Bushwick Neighborhood

Estimated Value: $1,579,000 - $2,172,000

6 Beds
3 Baths
2,850 Sq Ft
$624/Sq Ft Est. Value

Last Sold October 03, 2018

Last sale price $980,000 $344 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $9,543/month

111 Days on Market

Highlights

  • Eat-In Kitchen
  • Garden
  • 1-minute walk to Irving Square Park

About This Home

As of October 2018

Amazing investment opportunity, 2 Family home located across the street from park. This estate condition property has great potential. It boasts high ceilings, original woodwork, original parquet floors with decorative boarders and good sized backyard. Beneficiary approval required for purchase. Can be shown by appointment only.

Co-Listed By

Melissa Leifer

Keller Williams NYC License #40LE0999966

Keller Williams NYC

Property Details

Home Type

  • Multi-Family

Home Design

Interior Spaces

  • 2,850 Sq Ft Home
  • 3-Story Property
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Garden
  • Window Unit Cooling System

Community Details

  • 2 Units
  • Bushwick Subdivision

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Bushwick
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Interior Features: Eat-in Kitchen
  • Living Area: 2850.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 6

Exterior Features

  • Exterior Features: Garden

Utilities

  • Cooling: Building Cooling, Window Unit(s)

Building Info

  • Units: 2
  • Total Stories: 3

Tax Info

  • Tax Block: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2020
Sold by
Development Genius Llc
Bought by
Lam Kimberly R
Current Estimated Value
$1,777,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Outstanding Balance
$839,986
Interest Rate
3.3%
Mortgage Type
Unknown
Estimated Equity
$937,745

Purchase Details

Listed on
May 14, 2018
Closed on
Oct 3, 2018
Sold by
Miguel Charles As Administrator
Bought by
Development Genius Llc
List Price
$980,000
Sold Price
$980,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.49%
Original Mortgage
$784,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Lam Kimberly R $1,630,000 --
Development Genius Llc $980,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lam Kimberly R $950,000
Previous Owner Development Genius Llc $784,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2022 04/20/22 Off Market $980,000 -- --
10/03/2018 10/03/18 Sold $980,000 0.0% $344 / Sq Ft
09/03/2018 09/03/18 Pending -- -- --
05/14/2018 05/14/18 For Sale $980,000 -- $344 / 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 $4,072 $84,300 $11,160 $73,140
2024 $4,072 $83,100 $11,160 $71,940
2023 $3,885 $74,700 $11,160 $63,540
2022 $3,421 $61,140 $11,160 $49,980
2021 $3,588 $64,860 $11,160 $53,700
2019 $3,534 $60,480 $11,160 $49,320
2018 $2,591 $15,942 $2,198 $13,744
2017 $2,421 $15,045 $3,273 $11,772
2016 $799 $14,209 $4,175 $10,034
2015 $417 $14,206 $4,430 $9,776
2014 $417 $14,080 $5,271 $8,809
Source: Public Records

Agents Affiliated with this Home

  • Melissa Leifer

    Seller Co-Listing Agent in 2018

    Melissa Leifer

    Keller Williams NYC

    (917) 364-1274

    1 in this area

    90 Total Sales

    Melissa Leifer
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10437732

Real Estate Board of New York (REBNY)

APN: 03398-0064

New York Kings County Brooklyn 11207 Bushwick

247 Weirfield St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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