NOT LISTED FOR SALE

287 Covert St Brooklyn, NY 11237

Bushwick Neighborhood

Estimated Value: $1,155,000 - $1,354,000

3 Beds
3 Baths
2,580 Sq Ft
$502/Sq Ft Est. Value

Last Sold February 07, 2024

Last sale price $1,150,000 $446 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $7,249/month

17 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Patio
  • Property is near public transit
  • 1 Car Attached Garage
  • 4-minute walk to Irving Square Park

About This Home

As of February 2024

Nice Townhouse located in the center of Bushwick neighborhood. R6 zoning, near public transportation and shopping area. This home offers 4 rooms/2 bedrooms over 3 rooms/1 bedroom over a full finished basement with side door entrance. There is a front patio and a new deck in the rear built recently connected with the 1st Fl 1 bedroom unit access to a private yard. What makes this property very attractive is the PVT and 1 car garage.

Last Agent to Sell the Property

Joana Karanikolas

Winzone Realty Inc Brokerage Phone: 718-899-7000 License #40KA1068623 Listed on: 11/24/2023

Winzone Realty Inc

Last Buyer's Agent

Non Member

NonMember

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,406

Year Built

  • Built in 1945

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20 x 100
  • Two or More Common Walls

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Patio

Schools

  • JHS 162 Willoughby Middle School
  • Bushwick Community High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Wood Flooring
  • Property is near public transit
  • Finished Basement

Listing and Financial Details

  • Legal Lot and Block 0063 / 03419
  • Assessor Parcel Number 03419-0063

Community Details

Overview

  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,406

Year Built

Built in 1945

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Townhouse
  • Property SubType: Multi Family
  • Property Condition: Good
  • Year Built: 1945
  • New Construction: No
  • Attribution Contact: 718-899-7000
  • BuildingSize: 20 x 43
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Basement: Finished
  • Total Bedrooms: 3
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick
  • Patio and Porch Features: Deck, Patio
  • FloodZoneReportYN: 1

Garage/Parking

  • Total Parking Spaces: 1
  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Private, Attached, 1 Car Attached

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 1

Association/Amenities

  • Community Features: Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Jhs 162 Willoughby (The)

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Dimensions: 20 x 100
  • Lot Size Sq Ft: 2000
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 03419-0063
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-11-27

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 4406
  • Tax Block: 03419
  • Tax Lot: 0063
  • Tax Map Number: 03419-0063

MLS Schools

  • High School: Bushwick Community Hs
  • Middle School District: Brooklyn 32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2023
Closed on
Feb 6, 2024
Sold by
Lopez Francia
Bought by
Wong James Pang Jin and Xie Kristina Si
Seller's Agent
Joana Karanikolas
Winzone Realty Inc
Buyer's Agent
Non Member
NonMember
List Price
$1,075,000
Sold Price
$1,150,000
Premium/Discount to List
$75,000
6.98%
Views
983
Current Estimated Value
$1,294,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,722
Avg. Annual Appreciation
7.27%
Original Mortgage
$862,500
Outstanding Balance
$847,258
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$447,464

Purchase Details

Closed on
Aug 24, 2009
Sold by
Martinez Adalberto and Martinez Emma
Bought by
Lopez Francia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 19, 2004
Sold by
Rodriguez Aurelio and Rodriguez Noemy C
Bought by
Martinez Adalberto and Martinez Emilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,600
Interest Rate
5.6%
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
Wong James Pang Jin $1,150,000 --
Wong James Pang Jin $1,150,000 --
Lopez Francia -- --
Lopez Francia -- --
Martinez Adalberto $392,000 --
Martinez Adalberto $392,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wong James Pang Jin $862,500
Closed Wong James Pang Jin $862,500
Previous Owner Lopez Francia $350,000
Previous Owner Martinez Adalberto $313,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/07/2024 02/07/24 Sold $1,150,000 +7.0% $446 / Sq Ft
12/12/2023 12/12/23 Pending -- -- --
11/24/2023 11/24/23 For Sale $1,075,000 -- $417 / 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 $4,619 $92,700 $12,180 $80,520
2024 $4,619 $84,900 $12,180 $72,720
2023 $4,406 $74,820 $12,180 $62,640
2022 $4,331 $61,260 $12,180 $49,080
2021 $4,410 $62,820 $12,180 $50,640
2020 $2,125 $66,300 $12,180 $54,120
2019 $4,009 $66,300 $12,180 $54,120
2018 $3,686 $18,080 $4,810 $13,270
2017 $3,686 $18,080 $3,884 $14,196
2016 $3,491 $17,464 $5,064 $12,400
2015 $2,057 $16,928 $4,541 $12,387
2014 $2,057 $15,970 $5,141 $10,829
Source: Public Records

Agents Affiliated with this Home

  • Joana Karanikolas

    Seller's Agent in 2024

    Joana Karanikolas

    Winzone Realty Inc

    (917) 916-1750

    2 in this area

    29 Total Sales

    Joana Karanikolas
    Section Image

  • N

    Buyer's Agent in 2024

    Non Member

    NonMember

See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY3518020

OneKey® MLS

APN: 03419-0063

New York Kings County Brooklyn 11207 Bushwick

287 Covert St, Brooklyn, NY

This home is located at 287 Covert St, Brooklyn, NY 11237 since 24 November 2023 and is currently estimated at $1,294,722, approximately $501 per square foot. This property was built in 1945. 287 Covert St is a home located in Kings County with nearby schools including P.S. /I.S. 384 Frances E. Carter, Evergreen Middle School for Urban Exploration, and Bushwick Ascend Lower School.

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