NOT LISTED FOR SALE

Estimated Value: $866,000 - $1,097,000

5 Beds
3 Baths
2,820 Sq Ft
$349/Sq Ft Est. Value

Last Sold January 30, 2019

Last sale price $695,000 $246 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $5,864/month

Highlights

  • Terrace
  • Back, Front, and Side Yard
  • Laundry Facilities
  • Porch
  • Private Driveway
  • Partially Fenced Property

About This Home

As of January 2019

New to the Market- Solid Brick Semi-detached 3 family property in desirable East Flatbush neighborhood. Offers a great investment opportunity to live and also earn rental income. Offering on the top floor, a 2 bedroom rental with the option to use as a 3 bedroom apt with a spacious Eat in Kitchen, full bathroom and a large living room. The 2nd flr apt has one bedroom with ample closet space, a full bathroom, spacious living room and eat in kitchen. The 1st floor apt is a walk in 2 bedroom apt with lots of storage, eat in kitchen, laundry area, living room and full bathroom. Has a Private Driveway and a nice backyard with access from both the 2nd flr as well as 1st flr apt. Property is close to #2,5 trains, buses, SUNY Downstate and Kings County Hospital and much more. Will not last !!!!!

Last Agent to Sell the Property

Lana Headley

RE/MAX Real Estate Professionals License #10301207675 Listed on: 07/25/2018

RE/MAX Real Estate Professionals

Last Buyer's Agent

Lana Headley

RE/MAX Real Estate Professionals License #10301207675 Listed on: 07/25/2018

RE/MAX Real Estate Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,800

Year Built

  • Built in 1940

Lot Details

  • 2,250 Sq Ft Lot
  • Lot Dimensions are 100 x 22
  • Partially Fenced Property
  • Back, Front, and Side Yard
  • Garden

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,820 Sq Ft Home
  • 3-Story Property
  • Stove

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 1 Parking Space
  • Private Driveway

Outdoor Features

  • Terrace
  • Porch

Utilities

  • Heating System Uses Oil

Community Details

  • 3 Units
  • Laundry Facilities
  • Insurance Expense $1,412

Listing and Financial Details

  • Tax Block 4850

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,800

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Basement Amenities: None
  • Total Bathrooms: 3.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Baths Total Level3: 1.00
  • Borough: Brooklyn
  • Building Length: 47.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Lenox Rd
  • Cross Street Name2: Clarkson Ave
  • Handicap Access Y N U: No
  • Heat Delivery: Other
  • Negotiate Thru: Broker
  • Number Of Families: 3
  • Parking Attributes: 1 Space
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Laundry Area, Patio Garden, Porch, Refrigerator, Stove, Terrace
  • Rooms Total Level3: 4
  • Fill Sq Ft Total: 2820
  • Building Stories: 3
  • Street Name I D X: 45
  • Building Style: Other
  • Waterfront Present: No
  • Year Built: 1940
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 3
  • Total Bedrooms: 5
  • Flooring: Carpeting, Linoleum
  • Lot Sq Ft: 2250

Exterior Features

  • Yard: Back, Front, Side, Fenced - Partial
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Other
  • Lot Number: 38
  • Roof: Other

Utilities

  • Air Conditioning Units: 0
  • Electric: Circuit Breakers
  • Heating Fuel: Oil
  • Hot Water: Hot Water Coil in Boiler

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 22
  • Zoning: R5

Multi Family

  • Insurance Expense: 1412.00
  • Unit Count: 1

Tax Info

  • Flip Tax Amount: 5800.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2018
Closed on
Jan 30, 2019
Sold by
Jones Florence E and Mcknight Willie
Bought by
255 East 45 Street Llc
Seller's Agent
Lana Headley
RE/MAX Real Estate Professionals
Buyer's Agent
Lana Headley
RE/MAX Real Estate Professionals
Sold Price
$695,000
Current Estimated Value
$983,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,887
Avg. Annual Appreciation
5.11%
Original Mortgage
$486,500
Outstanding Balance
$426,848
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$557,039

Purchase Details

Closed on
Feb 1, 2013
Sold by
Estate Of Benjamin Jones
Bought by
Jones Florence E

Purchase Details

Closed on
Jan 13, 1994
Sold by
Jones Benjamin H and Jones Kendall R
Bought by
Jones Florence E
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
255 East 45 Street Llc $695,000 --
Jones Florence E -- --
Jones Florence E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 255 East 45 Street Llc $486,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2019 01/30/19 Sold $695,000 -- $246 / Sq Ft
07/25/2018 07/25/18 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 $9,237 $64,440 $17,040 $47,400
2024 $9,237 $57,900 $17,040 $40,860
2023 $8,924 $59,220 $17,040 $42,180
2022 $8,386 $51,180 $17,040 $34,140
2021 $8,841 $52,680 $17,040 $35,640
2020 $4,358 $44,040 $17,040 $27,000
2019 $6,315 $34,380 $17,040 $17,340
2018 $5,806 $28,483 $13,026 $15,457
2017 $5,478 $26,872 $12,573 $14,299
2016 $5,372 $26,872 $14,648 $12,224
2015 $2,838 $26,580 $18,960 $7,620
2014 $2,838 $25,159 $15,932 $9,227
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 422299

Brooklyn Board of REALTORS®

APN: 04850-0038