NOT LISTED FOR SALE

Estimated Value: $625,945 - $1,426,000

8 Beds
6.5 Baths
3,019 Sq Ft
$299/Sq Ft Est. Value

Last Sold October 11, 2013

Last sale price $370,000 $123 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $5,433/month

195 Days on Market

Highlights

  • Raised Ranch Architecture
  • 2-minute walk to Sutter Avenue
  • Heating System Uses Steam
  • Main Floor Primary Bedroom
  • Combination Dining and Living Room
  • 4-minute walk to Van Dyke Playground

About This Home

As of October 2013

This home is located at 287 Powell St, Brooklyn, NY 11212 since 10 October 2012 and is currently estimated at $901,986, approximately $298 per square foot. This property was built in 2006. 287 Powell St is a home located in Kings County with nearby schools including P.S. 150 - Christopher, P.S. 156 Waverly, and P.S. Is 155 Nicholas Herkimer.

Last Agent to Sell the Property

Isabel Martinez

Inter Realty LLC Brokerage Phone: 516-575-7500 License #40MA1071979 Listed on: 10/10/2012

Inter Realty LLC

Last Buyer's Agent

Non Member

NonMember

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,642

Year Built

  • Built in 2006

Lot Details

  • 1,875 Sq Ft Lot
  • Lot Dimensions are 18.75 x 100
  • Two or More Common Walls

Parking

  • Private Parking

Home Design

  • Raised Ranch Architecture
  • Brick Exterior Construction

Interior Spaces

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

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Primary Bedroom on Main

Utilities

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

Community Details

  • 3 Units

Listing and Financial Details

  • Exclusions: Dishwasher,Dryer,Washer
  • Legal Lot and Block 114 / 3763
  • Assessor Parcel Number 03763-0114

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,642

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Hi Ranch
  • Property SubType: Multi Family
  • Property Condition: Fair
  • Exclusions: Dishwasher,Dryer,Washer
  • Year Built: 2006
  • New Construction: No
  • Attribution Contact: 516-575-7500
  • BuildingSize: 18X52
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven, Refrigerator
  • Interior Amenities: Master Downstairs, Living Room/Dining Room Combo
  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Basement: Finished, Full
  • Inclusions: Refrigerator
  • Total Bedrooms: 8
  • NumberOfKitchens: 3

Exterior Features

  • Construction Materials: Brick

Garage/Parking

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

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 Dimensions: 18.75 X 100
  • Lot Size Sq Ft: 1875
  • Parcel Number: 03763-0114
  • Property Attached: Yes

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 3

Tax Info

  • Tax Annual Amount: 5642
  • Tax Block: 3763
  • Tax Lot: 114
  • Tax Map Number: 03763-0114

MLS Schools

  • Middle School District: Brooklyn 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2012
Closed on
Oct 11, 2013
Sold by
Sanchez Bernardo
Bought by
Fernandez Hector
Seller's Agent
Isabel Martinez
Inter Realty LLC
Buyer's Agent
Non Member
NonMember
List Price
$289,000
Sold Price
$370,000
Premium/Discount to List
$81,000
28.03%
Current Estimated Value
$901,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$531,986
Avg. Annual Appreciation
7.66%
Original Mortgage
$363,298
Outstanding Balance
$272,387
Interest Rate
4.52%
Mortgage Type
New Conventional
Estimated Equity
$629,599

Purchase Details

Closed on
Feb 11, 2008
Sold by
Rdg Powell Llc
Bought by
Sanchez Bernardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$624,000
Interest Rate
5.9%
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
Fernandez Hector $370,000 --
Fernandez Hector $370,000 --
Sanchez Bernardo $780,000 --
Sanchez Bernardo $780,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fernandez Hector $363,298
Closed Fernandez Hector $363,298
Previous Owner Sanchez Bernardo $624,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2013 10/11/13 Sold $370,000 +28.0% $123 / Sq Ft
04/24/2013 04/24/13 Pending -- -- --
10/10/2012 10/10/12 For Sale $289,000 -- $96 / 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 $8,257 $64,380 $22,380 $42,000
2024 $8,257 $55,200 $22,380 $32,820
2023 $8,349 $48,780 $22,380 $26,400
2022 $6,438 $42,960 $22,380 $20,580
2021 $4,906 $41,880 $22,380 $19,500
2020 $1,554 $34,260 $22,380 $11,880
2019 $1,524 $34,260 $22,380 $11,880
2018 $110 $35,488 $19,046 $16,442
2017 $110 $33,480 $22,380 $11,100
2016 $108 $36,000 $22,380 $13,620
2015 $4,509 $39,328 $23,804 $15,524
2014 $4,509 $37,102 $22,456 $14,646
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY2533075

OneKey® MLS

APN: 03763-0114