NOT LISTED FOR SALE

Estimated Value: $977,000 - $1,253,000

6 Beds
3 Baths
3,120 Sq Ft
$358/Sq Ft Est. Value

Last Sold November 06, 2020

Last sale price $770,000 $247 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $6,502/month

Highlights

  • Colonial Architecture
  • 4-minute walk to Rockaway Avenue (3,4 Line)
  • 3-minute walk to Betsy Head Memorial Playground
  • Property is near public transit
  • Park

About This Home

As of November 2020

This home is located at 283 Bristol St, Brooklyn, NY 11212 since 12 August 2020 and is currently estimated at $1,118,266, approximately $358 per square foot. This property was built in 2002. 283 Bristol St is a home located in Kings County with nearby schools including P.S. 165 Ida Posner, P.S. 156 Waverly, and P.S. 150 - Christopher.

Last Agent to Sell the Property

william reynolds

William Reynolds Brokerage Phone: 347-809-0497 License #35RE0919830 Listed on: 08/12/2020

Last Buyer's Agent

Non Member

NonMember

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,132

Year Built

  • Built in 2002

Lot Details

  • 2,333 Sq Ft Lot
  • Lot Dimensions are 23.33x100
  • No Common Walls

Parking

  • Private Parking

Home Design

  • Colonial Architecture

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 10 / 3559
  • Assessor Parcel Number 03559-0010

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,132

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 2002
  • New Construction: No
  • Attribution Contact: 347-809-0497
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • NumberOfKitchens: 2

Exterior Features

  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Private

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Dimensions: 23.33x100
  • Lot Size Sq Ft: 2333
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 03559-0010
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 5132
  • Tax Block: 3559
  • Tax Lot: 10
  • Tax Map Number: 03559-0010

MLS Schools

  • Middle School District: Brooklyn 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2020
Closed on
Nov 3, 2020
Sold by
Oliva Verona
Bought by
Alamu Gbemisola and Alamu Taiwo V
Seller's Agent
william reynolds
William Reynolds
Buyer's Agent
Non Member
NonMember
List Price
$769,000
Sold Price
$770,000
Premium/Discount to List
$1,000
0.13%
Current Estimated Value
$1,118,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$348,266
Avg. Annual Appreciation
7.75%
Original Mortgage
$616,000
Outstanding Balance
$545,645
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$572,621

Purchase Details

Closed on
Apr 16, 2009
Sold by
Marshall Vernell and Oliva Verona
Bought by
Oliva Verona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 8, 2005
Sold by
Brownsville Development Llc
Bought by
Marshall Vernell and Oliva Verona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage
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
Alamu Gbemisola $770,000 --
Oliva Verona -- --
Oliva Verona -- --
Marshall Vernell $365,010 --
Marshall Vernell $365,010 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alamu Gbemisola $616,000
Previous Owner Oliva Verona $380,000
Previous Owner Marshall Vernell $280,000
Closed Marshall Vernell $81,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2020 11/06/20 Sold $770,000 +0.1% $247 / Sq Ft
08/11/2020 08/11/20 Pending -- -- --
08/11/2020 08/11/20 For Sale $769,000 -- $246 / 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 $7,440 $64,440 $23,700 $40,740
2024 $7,440 $50,880 $23,700 $27,180
2023 $6,665 $52,140 $23,700 $28,440
2022 $6,289 $46,740 $23,700 $23,040
2021 $6,153 $44,520 $23,700 $20,820
2020 $1,258 $39,420 $23,700 $15,720
2019 $4,439 $39,660 $23,700 $15,960
2018 $3,587 $32,700 $15,644 $17,056
2017 $3,254 $33,540 $15,644 $17,896
2016 $2,470 $31,800 $13,904 $17,896
2015 $1,036 $30,000 $12,104 $17,896
2014 $1,036 $28,800 $10,904 $17,896
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3241914

OneKey® MLS

APN: 03559-0010