NOT LISTED FOR SALE

263 Montgomery St Brooklyn, NY 11225

Crown Heights Neighborhood

Estimated Value: $1,708,000 - $2,115,600

7 Beds
3 Baths
3,822 Sq Ft
$488/Sq Ft Est. Value

Last Sold May 20, 2022

Last sale price $1,600,000 $419 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $10,626/month

40 Days on Market

Highlights

  • Pre War Building
  • Garage
  • 4-minute walk to Dodger Playground
  • Community Garden

About This Home

As of May 2022

Crown Heights Two Family Townhouse with English Basement and Two-Car Garage! Located just off the Medgar Evers College campus, this brick semi-attached home is an opportunity to own your own 3-4 bedroom home while generating rental income from another 3BR unit and garage space. Or you may choose to redesign the house to your specifications and live in it as a single family home. Gracefully proportioned and in solid workable condition, this house would be move in ready with a few contractor upgrades. Crown Heights is one of Brooklyn's finest neighborhoods with the Brooklyn Botanic Garden, Prospect Park and the Brooklyn Museum just blocks away, as well as up and coming Franklin Ave. and Nostrand Ave. amenities. The Q, 2,3,4,5, and S trains are also within short walking distance. You will love the neighborhood and the possibilities of this rare opportunity.

Last Agent to Sell the Property

JoAnn McFarlane

Compass License #10301201683 Listed on: 01/14/2022

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,355

Year Built

  • Built in 1925

Lot Details

  • Lot Dimensions are 25.0 x 116.0

Parking

  • Garage

Home Design

  • Pre War Building

Interior Spaces

  • 3,822 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Community Details

  • Crown Heights Subdivision
  • Community Garden

Listing and Financial Details

  • Legal Lot and Block 72 / 1295

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,355

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Cross Street: Bedford Avenue/Stoddard Place
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Crown Heights
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Living Area: 3822.0
  • Living Area Units: Square Feet
  • Rooms (Total): 9

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 7

Exterior Features

  • Exterior Features: Building Garden

Garage/Parking

  • Garage: Yes

Lot Info

  • Lot Size Dimensions: 25.0 x 116.0

Building Info

  • Total Stories: 2
  • Year Built: 1925

Tax Info

  • Tax Block: 1295
  • Tax Lot: 72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2022
Closed on
May 20, 2022
Sold by
Baker Pauline and Estate Of Rona Hibbert
Bought by
Cordero Heredia Viviana and Heredia Ivan
Seller's Agent
JoAnn McFarlane
Compass
List Price
$1,600,000
Sold Price
$1,600,000
Current Estimated Value
$1,863,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,900
Avg. Annual Appreciation
3.96%
Original Mortgage
$1,200,000
Outstanding Balance
$1,141,861
Interest Rate
5.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$679,108

Purchase Details

Closed on
May 17, 2017
Sold by
Baker Pauline and Hibbert Rona
Bought by
Hibbert Rona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$954,225
Interest Rate
3.97%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 6, 1997
Sold by
Baker Pauline and Hibbert Rona
Bought by
Baker Pauline and Hibbert Rona

Purchase Details

Closed on
Apr 30, 1996
Sold by
Clarke Winston U and Clarke Felmina
Bought by
Clarke Felmina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
7.89%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Cordero Heredia Viviana $1,600,000 --
Cordero Heredia Viviana $1,600,000 --
Hibbert Rona -- --
Hibbert Rona -- --
Baker Pauline -- --
Baker Pauline -- --
Clarke Felmina -- --
Hibbert Simon $205,000 --
Clarke Felmina -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cordero Heredia Viviana $1,200,000
Closed Cordero Heredia Viviana $1,200,000
Previous Owner Hibbert Rona $954,225
Previous Owner Hibbert Rona $954,225
Previous Owner Baker Pauline $38,022
Previous Owner Baker Pauline $42,870
Previous Owner Baker Pauline $297,000
Previous Owner Hibbert Rona $6,137
Previous Owner Clarke Felmina $203,000
Previous Owner Clarke Felmina $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2022 05/20/22 Sold $1,600,000 0.0% $419 / Sq Ft
01/14/2022 01/14/22 For Sale $1,600,000 -- $419 / 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 $8,355 $124,020 $28,920 $95,100
2024 $8,355 $123,780 $28,920 $94,860
2023 $7,970 $108,960 $28,920 $80,040
2022 $7,391 $102,720 $28,920 $73,800
2021 $7,496 $101,880 $28,920 $72,960
2020 $5,918 $123,540 $28,920 $94,620
2019 $6,958 $104,400 $28,920 $75,480
2018 $6,369 $32,703 $12,963 $19,740
2017 $5,990 $30,854 $19,289 $11,565
2016 $5,858 $30,854 $17,853 $13,001
2015 $3,291 $30,619 $16,456 $14,163
2014 $3,291 $28,887 $18,640 $10,247
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    JoAnn McFarlane

    Compass

    (646) 609-9890

    3 in this area

    8 Total Sales

    JoAnn McFarlane
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10775292

Real Estate Board of New York (REBNY)

APN: 01295-0072

New York Kings County Brooklyn 11225 Crown Heights

263 Montgomery St, Brooklyn, NY

This home is located at 263 Montgomery St, Brooklyn, NY 11225 since 14 January 2022 and is currently estimated at $1,863,900, approximately $487 per square foot. This property was built in 1925. 263 Montgomery St is a home located in Kings County with nearby schools including P.S. 161 - The Crown School, M.S. 61 Dr. Gladstone H. Atwell Middle School, and New Visions Aim Charter High School I..

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