NOT LISTED FOR SALE

281 Lincoln Ave Brooklyn, NY 11208

Cypress Hills Neighborhood

Estimated Value: $694,000 - $1,049,000

5 Beds
3 Baths
2,080 Sq Ft
$408/Sq Ft Est. Value

Last Sold May 31, 2012

Last sale price $305,000 $147 Per Sq Ft

Est. 178% increase in value since last sale

Current estimated payment $5,081/month

53 Days on Market

Highlights

  • Colonial Architecture
  • Eat-In Kitchen
  • Heating System Uses Steam
  • Main Floor Primary Bedroom
  • Combination Dining and Living Room

About This Home

As of May 2012

Great 2 Family!! Convenient To All Including 'J' Subway Line. Gas Boiler Is Only 5 Yrs New, Hot Water Heater Is 4 Yrs New, And Roof Is Only 4 Years New!!!

Last Agent to Sell the Property

Nora Avalos

NY Superior Realty Brokerage Phone: 718-205-7770 License #31AV1117039 Listed on: 01/27/2012

Last Buyer's Agent

Cirilo Santos

Charles Rutenberg Realty Inc License #40RO1007893

Charles Rutenberg Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,146

Year Built

  • Built in 1910

Lot Details

  • 1,750 Sq Ft Lot
  • Lot Dimensions are 20 x 87
  • Two or More Common Walls

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Combination Dining and Living Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Utilities

  • No Cooling
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Dishwasher,Dryer,Washer
  • Legal Lot and Block 8 / 4150
  • Assessor Parcel Number 04150-0008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,146

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Property Condition: Excellent
  • Exclusions: Dishwasher,Dryer,Washer
  • Year Built: 1910
  • New Construction: No
  • Attribution Contact: 718-205-7770
  • BuildingSize: 20X52
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven, Refrigerator
  • Interior Amenities: Master Downstairs, Eat-in Kitchen, Living Room/Dining Room Combo
  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Basement: Finished, Full
  • Inclusions: Refrigerator
  • Total Bedrooms: 5
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Attached Garage: No
  • Garage: No

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Steam, Natural Gas
  • Sewer: Sewer
  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.04
  • Lot Size Area: 0.04
  • Lot Dimensions: 20 X 87
  • Lot Size Sq Ft: 1750
  • Parcel Number: 04150-0008
  • Property Attached: Yes

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2

Tax Info

  • Tax Annual Amount: 3146
  • Tax Block: 4150
  • Tax Lot: 8
  • Tax Map Number: 04150-0008

MLS Schools

  • Middle School District: Brooklyn 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2012
Closed on
May 31, 2012
Sold by
Colon Rosa
Bought by
Vargas Santos Teofilo A
Seller's Agent
Nora Avalos
NY Superior Realty
Buyer's Agent
Cirilo Santos
Charles Rutenberg Realty Inc
List Price
$325,000
Sold Price
$305,000
Premium/Discount to List
-$20,000
-6.15%
Current Estimated Value
$848,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$543,502
Avg. Annual Appreciation
7.93%
Original Mortgage
$285,148
Outstanding Balance
$199,201
Interest Rate
3.85%
Mortgage Type
FHA
Estimated Equity
$638,209

Purchase Details

Closed on
Apr 30, 2004
Sold by
Colon Rosa
Bought by
Colon Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.47%
Mortgage Type
Purchase Money Mortgage
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
Vargas Santos Teofilo A $305,000 --
Colon Rosa $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vargas Santos Teofilo A $166,676
Open Vargas Santos Teofilo A $285,148
Previous Owner Colon Rosa $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2012 05/31/12 Sold $305,000 -6.2% $147 / Sq Ft
03/21/2012 03/21/12 Pending -- -- --
01/27/2012 01/27/12 For Sale $325,000 -- $156 / Sq Ft
Source: OneKey® MLS

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 $5,497 $54,840 $13,620 $41,220
2024 $5,497 $52,920 $13,620 $39,300
2023 $5,296 $55,680 $13,620 $42,060
2022 $5,198 $50,940 $13,620 $37,320
2021 $5,373 $50,940 $13,620 $37,320
2020 $2,511 $42,780 $13,620 $29,160
2019 $4,723 $42,780 $13,620 $29,160
2018 $4,370 $22,896 $7,610 $15,286
2017 $4,368 $22,896 $10,521 $12,375
2016 $4,178 $22,448 $9,436 $13,012
2015 $2,475 $21,178 $13,342 $7,836
2014 $2,475 $19,980 $15,120 $4,860
Source: Public Records

Agents Affiliated with this Home

  • Nora Avalos

    Seller's Agent in 2012

    Nora Avalos

    NY Superior Realty

    (646) 315-6264

    2 in this area

    95 Total Sales

    Nora Avalos
    Section Image

  • C

    Buyer's Agent in 2012

    Cirilo Santos

    Charles Rutenberg Realty Inc

    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY2463656

OneKey® MLS

APN: 04150-0008

New York Kings County Brooklyn 11208 Cypress Hills

281 Lincoln Ave, Brooklyn, NY

This home is located at 281 Lincoln Ave, Brooklyn, NY 11208 since 27 January 2012 and is currently estimated at $848,502, approximately $407 per square foot. This property was built in 1910. 281 Lincoln Ave is a home located in Kings County with nearby schools including P.S. 7 - Abraham Lincoln, Is 171 Abraham Lincoln, and Cypress Hills Ascend Charter Lower School.

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