NOT LISTED FOR SALE

Estimated Value: $1,262,980

-- Bed
-- Bath
2,837 Sq Ft
$445/Sq Ft Est. Value

Last Sold October 11, 2023

Last sale price $1,225,000 $432 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $8,346/month

Highlights

  • Wood Flooring
  • 2 Car Attached Garage
  • Heating System Uses Steam
  • P.S. 197 Kings Highway Academy (The) Rated A-
  • Handicap Accessible
  • 3-minute walk to Fraser Square

About This Home

As of October 2023

Unusual Brick beauty. The property is prominently located on Kings Highway. This property is a Semi-detached 1 family 3-bedroom duplex being used as a doctor's office. It is currently being used as professional offices throughout, although all the rooms have maintained their integrity as a 3-bedroom duplex. There are plenty of windows throughout; there is a handicap ramp in back of the building; there is a porch in the front with a small garden; there is a private garage for (1) car, and adjacent to that there is parking for an additional car or private outside area. This property is an ideal location for another business, or medical facility. There are several hospitals within a short distance of the building. A new car dealership is being constructed next door. The location allows easy access to all activities in the area and plenty of shopping and transportation.

Last Agent to Sell the Property

Anne Marie Stanislaus

Reserved Realty LLC. Listed on: 06/19/2023

Last Buyer's Agent

Anne Marie Stanislaus

Reserved Realty LLC. Listed on: 06/19/2023

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $20,114

Year Built

  • Built in 1940

Lot Details

  • 4,233 Sq Ft Lot
  • Lot Dimensions are 59 x 71
  • Irregular Lot
  • Back and Front Yard
  • Property is zoned R4

Home Design

  • 2,837 Sq Ft Home
  • Mixed Use
  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation
  • Pitched Roof

Flooring

  • Wood
  • Carpet

Parking

  • 2 Car Attached Garage
  • Private Driveway
  • Parking Lot

Accessible Home Design

  • Handicap Accessible

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Tax Block 7683

Property Details

Property Type

Other

Est. Annual Taxes

$20,114

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Basement Amenities: None
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1008
  • Building Length: 28.00
  • Building Width: 36.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Fence - Full
  • Commercial Features Interior: Fire - Smoke Alarm, Kitchen, Living Space Available, Restrooms - Public
  • Confirmed By M L S Y N: Yes
  • Cross Street: East 29th St
  • Cross Street Name2: Nostrand Ave
  • Handicap Access Y N U: Yes
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 1
  • Parking Attributes: 2 Spaces, Attached Garage, Parking Area
  • Parking Feature Single: Private Drive
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 2837
  • Street Name I D X: Kings
  • Street Number I D X: 2911
  • Waterfront Present: No
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Flooring: Carpeting, Hardwood
  • Lot Sq Ft: 4233

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Block
  • Lot Number: 18
  • Roof: Flat, Pitched

Utilities

  • Electric: Circuit Breakers
  • Equipment Included: ramp at back of house
  • Heating Fuel: Gas
  • Hot Water: Electric

Lot Info

  • Lot Size Irregular: Yes
  • Lot Size Length: 59
  • Lot Size Width: 71
  • Zoning: R4

Multi Family

  • Unit Count: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2023
Closed on
Oct 11, 2023
Sold by
Michael L Kaplan Revocable Trust and Michael L Kaplan Trustee
Bought by
2911 Kings Llc
Seller's Agent
Anne Marie Stanislaus
Reserved Realty LLC.
Buyer's Agent
Anne Marie Stanislaus
Reserved Realty LLC.
List Price
$1,899,999
Sold Price
$1,225,000
Premium/Discount to List
-$674,999
-35.53%
Views
44
Current Estimated Value
$1,262,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,980
Avg. Annual Appreciation
0.44%
Original Mortgage
$918,750
Outstanding Balance
$902,540
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$332,936

Purchase Details

Closed on
Feb 14, 2007
Sold by
Kaplan Michael L
Bought by
Kaplan Revocable Trust Michael L

Purchase Details

Closed on
Mar 29, 2001
Sold by
Rothman Harold and Rothman Natalie
Bought by
Kaplan Michael L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 23, 1999
Sold by
Rothman Harold and Rothman David M
Bought by
Rothman Harold and Rothman Natalie
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
2911 Kings Llc $1,225,000 --
2911 Kings Llc $1,225,000 --
Kaplan Revocable Trust Michael L -- --
Kaplan Revocable Trust Michael L -- --
Kaplan Michael L $360,000 Commonwealth Land Title Ins
Kaplan Michael L $360,000 Commonwealth Land Title Ins
Rothman Harold -- --
Rothman Harold -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2911 Kings Llc $918,750
Closed 2911 Kings Llc $918,750
Previous Owner Kaplan Michael L $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2023 10/11/23 Sold $1,225,000 -21.0% $432 / Sq Ft
07/10/2023 07/10/23 Price Changed $1,550,000 -18.4% $546 / Sq Ft
06/19/2023 06/19/23 For Sale $1,899,999 -- $670 / Sq Ft
06/19/2023 06/19/23 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $20,114 $193,500 $27,450 $166,050
2024 $20,114 $190,350 $27,450 $162,900
2023 $20,332 $206,550 $27,450 $179,100
2022 $20,066 $193,500 $27,450 $166,050
2021 $16,795 $157,050 $27,450 $129,600
2020 $10,113 $195,750 $27,450 $168,300
2019 $19,029 $195,750 $27,450 $168,300
2018 $17,875 $184,500 $27,450 $157,050
2017 $17,496 $189,900 $27,450 $162,450
2016 $16,492 $159,750 $27,450 $132,300
2015 $8,833 $175,050 $27,450 $147,600
2014 $8,833 $140,850 $27,450 $113,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 474699

Brooklyn Board of REALTORS®

APN: 07683-0018