NOT LISTED FOR SALE

Estimated Value: $852,378 - $1,115,000

6 Beds
2.5 Baths
2,860 Sq Ft
$348/Sq Ft Est. Value

Last Sold September 10, 2019

Last sale price $530,000 $185 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $6,061/month

Highlights

  • Wood Flooring
  • 2 Car Attached Garage
  • Baseboard Heating
  • Fenced Yard
  • Brick Front
  • Private Driveway

About This Home

As of September 2019

REO/BANK SALE. Located in the prime of East New York this Multi-Family Property boasts two 3-Bedroom, 1 Bath Units on the 1st and 2nd Floors complete with Living/Dining Room Combinations and Kitchen. The full walk-in basement has a Family Room, Storage room, Boiler Room and 1/2 Bath with indoor access to the garage. The basement has a separate entrance from both the front and backyard. Located near public transportation (B14, Q8 Busses and A,C Trains) in the 19th School District, close to shopping and parks. Motivated Seller Please Present All Offers!

Last Agent to Sell the Property

Ruslan Mingazov

RE/MAX Edge License #10301217779 Listed on: 07/08/2019

RE/MAX Edge

Last Buyer's Agent

Ruslan Mingazov

RE/MAX Edge License #10301217779 Listed on: 07/08/2019

RE/MAX Edge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,397

Year Built

  • Built in 2004

Lot Details

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

Home Design

  • Poured Concrete
  • Pitched Roof
  • Brick Front
  • Masonry

Interior Spaces

  • 2,860 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Attached Garage
  • Private Driveway

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • 220 Volts

Community Details

  • 2 Units
  • Community Storage Space

Listing and Financial Details

  • Tax Block 4245

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,397

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Basement Amenities: Full, Semi-Finished, Walk-in
  • Total Bathrooms: 2.50
  • Baths Total Level1: 0.50
  • Baths Total Level2: 1.00
  • Baths Total Level3: 1.00
  • Beds Total Level2: 3
  • Beds Total Level3: 3
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1060
  • Building Length: 53.00
  • Building Width: 20.00
  • Co List Office Mls Id: 118210
  • Co List Office Phone: (718) 612-3088
  • Confirmed By M L S Y N: Yes
  • Cross Street: Belmont Av
  • Cross Street Name2: Sutter Av
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Baseboard
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 2 Spaces, Attached Garage
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Other, None
  • Rooms Total Level1: 4
  • Rooms Total Level2: 5
  • Rooms Total Level3: 5
  • Fill Sq Ft Total: 2860
  • Building Stories: 2
  • Street Name I D X: Milford
  • Street Number I D X: 259
  • Year Built: 2004
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Basement Half Bathrooms: 1
  • Total Bedrooms: 6
  • Flooring: Hardwood, Tile, Other
  • Lot Sq Ft: 2000
  • Total Rooms: 14

Exterior Features

  • Yard: Back, Front, Fenced - Full, Other
  • Exterior Building Type: Attached
  • Construction Type: Brick, Masonry
  • Exterior: Brick Face
  • Foundation Details: Poured Concrete
  • Lot Number: 14
  • Roof: Pitched

Utilities

  • Air Conditioning Units: 0
  • Electric: 220 V
  • Heating Fuel: Gas
  • Hot Water: Hot Water Coil in Boiler

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: R5

Tax Info

  • Flip Tax Amount: 6397.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2020
Sold by
259 Milford Holdings Corp
Bought by
Fatima Bibi and Karim Md A
Current Estimated Value
$994,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$628,000
Outstanding Balance
$561,774
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$433,071

Purchase Details

Listed on
Jul 8, 2019
Closed on
Sep 10, 2019
Sold by
21St Mortgage Corporation
Bought by
259 Milford Holdings Corp
Seller's Agent
Ruslan Mingazov
RE/MAX Edge
Buyer's Agent
Ruslan Mingazov
RE/MAX Edge
Sold Price
$530,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.09%
Original Mortgage
$350,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2014
Sold by
Rahman Aminur
Bought by
N S Realty Holdings Llc

Purchase Details

Closed on
Dec 1, 2005
Sold by
Singh Tarlochan
Bought by
Rahman Aminur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.14%

Purchase Details

Closed on
Nov 15, 2005
Sold by
Benitez Carlos
Bought by
Singh Tarlochan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.14%

Purchase Details

Closed on
Apr 29, 2005
Sold by
Amiron Development Corp
Bought by
Benetiz Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.05%

Purchase Details

Closed on
Sep 10, 2003
Sold by
Clarke Patrick J
Bought by
Amiron Development Corp

Purchase Details

Closed on
Jun 19, 2001
Sold by
City Of New York
Bought by
Clarke Patrick J
Source: Public Records

Range of Values:

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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
Fatima Bibi $785,000 --
Fatima Bibi $785,000 --
259 Milford Holdings Corp $530,000 --
259 Milford Holdings Corp $530,000 --
N S Realty Holdings Llc $25,000 --
N S Realty Holdings Llc $25,000 --
Rahman Aminur -- --
Rahman Aminur -- --
Singh Tarlochan $625,000 --
Singh Tarlochan $625,000 --
Benetiz Carlos $500,000 --
Benetiz Carlos $500,000 --
Amiron Development Corp $60,000 --
Amiron Development Corp $60,000 --
Clarke Patrick J -- --
Clarke Patrick J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fatima Bibi $628,000
Closed Fatima Bibi $628,000
Previous Owner 259 Milford Holdings Corp $350,000
Previous Owner Singh Tarlochan $125,000
Previous Owner Singh Tarlochan $500,000
Previous Owner Benetiz Carlos $100,000
Previous Owner Benetiz Carlos $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2019 09/10/19 Sold $530,000 -- $185 / Sq Ft
07/08/2019 07/08/19 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 $7,812 $51,540 $10,080 $41,460
2024 $7,812 $46,800 $10,080 $36,720
2023 $7,452 $48,180 $10,080 $38,100
2022 $6,911 $48,480 $10,080 $38,400
2021 $6,873 $41,580 $10,080 $31,500
2020 $6,873 $46,980 $10,080 $36,900
2019 $6,780 $39,360 $10,080 $29,280
2018 $6,233 $30,578 $6,295 $24,283
2017 $5,881 $28,848 $7,138 $21,710
2016 $5,441 $27,216 $8,136 $19,080
2015 $3,282 $27,216 $9,354 $17,862
2014 $3,282 $27,010 $9,919 $17,091
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 431381

Brooklyn Board of REALTORS®

APN: 04245-0014