NOT LISTED FOR SALE

Estimated Value: $1,036,009 - $1,216,000

Studio
3 Baths
2,251 Sq Ft
$496/Sq Ft Est. Value

Last Sold October 19, 2023

Last sale price $1,075,000 $478 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $6,520/month

21 Days on Market

About This Home

As of October 2023

An Expansive, all-brick Sheepshead Bay twenty-foot wide two-family, with two private parking spots and outdoor spaces, including a lush front garden, awaits its new owner. The home stands out on a quiet leafy block near shopping and transportation. The three-bedroom 1.5 bath owner duplex is spacious and bright. The home features hardwood flooring, a front and rear deck, an eat-in kitchen, and laundry. An absolute bonus to the owner's unit, a lower-level recreation space, or a home office accessed privately from the rear of the property means you will never have to share a home/workspace again. The fully renovated two-bedroom garden-level rental has a private entrance and access to the rear parking, hardwood flooring, and in-unit laundry. The tenants are in good standing and have a lease that expires near year-end. Enjoyed by the same family for many years, the owner's spaces would benefit from updating and will not disappoint when it comes to room and storage. Nearby, easy access to all, including shopping along Nostrand, the dining establishments on Emmons, or any of the neighborhood's parks and playgrounds.

Last Agent to Sell the Property

Jean Marrone

Keller Williams Realty Empire License #10401276592 Listed on: 06/14/2023

Keller Williams Realty Empire

Co-Listed By

Charles Olson

Keller Williams Realty Empire License #10491204283

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • Lot Dimensions are 20.0 x 100.0

Interior Spaces

  • 2,251 Sq Ft Home
  • 3-Story Property

Community Details

  • Sheepshead Bay Subdivision

Listing and Financial Details

  • Legal Lot and Block 74 / 7476

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

2,000 Acres

Listing Details

  • Cross Street: Avenue Z/Voorhies Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Sheepshead Bay
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Living Area: 2251.0
  • Living Area Units: Square Feet

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 20.0 x 100.0

Building Info

  • Total Stories: 3
  • Year Built: 1960

Tax Info

  • Tax Block: 7476
  • Tax Lot: 74

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2023
Closed on
Oct 19, 2023
Sold by
The Rhoda Scherer Cohen Irrevacable Trus
Bought by
Qasem Al-Mardeai Saleh
Seller's Agent
Jean Marrone
Keller Williams Realty Empire
List Price
$1,025,000
Sold Price
$1,075,000
Premium/Discount to List
$50,000
4.88%
Views
106
Current Estimated Value
$1,116,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,252
Avg. Annual Appreciation
1.57%
Original Mortgage
$698,000
Outstanding Balance
$684,429
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$431,823

Purchase Details

Closed on
Oct 2, 2020
Sold by
Cohen Rhoda and Cohen Rhoda Scherer
Bought by
Reed Scherer As Trustee and Rhoda Scherer Cohen Irrev Trust
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
Qasem Al-Mardeai Saleh $1,075,000 --
Reed Scherer As Trustee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Qasem Al-Mardeai Saleh $698,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2023 10/19/23 Sold $1,075,000 +4.9% $478 / Sq Ft
07/07/2023 07/07/23 Pending -- -- --
07/07/2023 07/07/23 For Sale $1,025,000 0.0% $455 / Sq Ft
06/15/2023 06/15/23 For Sale $1,025,000 -- $455 / Sq Ft
06/14/2023 06/14/23 Pending -- -- --
Source: Real Estate Board of New York (REBNY)

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 $8,538 $64,020 $11,160 $52,860
2024 $8,538 $64,380 $11,160 $53,220
2023 $7,324 $61,680 $11,160 $50,520
2022 $6,712 $52,920 $11,160 $41,760
2021 $461 $52,500 $11,160 $41,340
2019 $6,149 $50,460 $11,160 $39,300
2018 $5,921 $35,158 $8,493 $26,665
2017 $5,763 $33,168 $8,303 $24,865
2016 $5,284 $31,291 $8,765 $22,526
2015 $3,716 $29,520 $12,420 $17,100
2014 $3,716 $29,520 $12,420 $17,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10914596

Real Estate Board of New York (REBNY)

APN: 07476-0074

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