NOT LISTED FOR SALE

294 Eldert Ln Brooklyn, NY 11208

Cypress Hills Neighborhood

Estimated Value: $684,000 - $776,000

4 Beds
3 Baths
1,260 Sq Ft
$571/Sq Ft Est. Value

Last Sold August 18, 2023

Last sale price $675,000 $536 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,222/month

63 Days on Market

Highlights

  • Property is near public transit
  • Home Security System
  • Hot Water Heating System
  • Window Unit Cooling System
  • Forced Air Heating System

About This Home

As of August 2023

Welcome to 294 Eldert Lane. This investment opportunity is a single family, but has all the features of a multi-family with two electric meters, two kitchens (one on each floor), four bedrooms (two on each floor), three bathrooms, and a fully finished basement (with it's own separate entrance). The first and second floor is vacant, this home is ready to move in and/or great for generating rental income. Conveniently located near public transportation (trains and buses), highways, shopping hubs, schools, and much more.

Last Agent to Sell the Property

Dilon Mohan

Real Broker NY LLC License #10401298751 Listed on: 04/24/2023

Real Broker NY LLC

Last Buyer's Agent

Dilon Mohan

Real Broker NY LLC License #10401298751 Listed on: 04/24/2023

Real Broker NY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,899

Year Built

  • Built in 1920

Lot Details

  • 1,641 Sq Ft Lot
  • Lot Dimensions are 18x91.17
  • Zoning described as R5

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,260 Sq Ft Home
  • 3-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Ps 7 Abraham Lincoln Elementary School
  • Is 171 Abraham Lincoln Middle School
  • Brooklyn Lab High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 57 / 4152
  • Assessor Parcel Number 04152-0057

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,899

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Two Story
  • Property SubType: Single Family Residence
  • Levels: Three Or More
  • Year Built: 1920
  • New Construction: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Refrigerator
  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Basement: Finished, Full, See Remarks
  • Inclusions: Front Gate,Microwave,Refrigerator,Second Stove,See Remarks
  • Total Bedrooms: 4
  • Living Area: 1260
  • AtticDescription: None
  • SquareFootage: 1260.00
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: On Street

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air, Hot Water
  • Security: Security System
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Is 171 Abraham Lincoln

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 18x91.17
  • Lot Size Sq Ft: 1641
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04152-0057
  • Zoning Description: R5
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-04-26

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 4899
  • Tax Block: 4152
  • Tax Lot: 57
  • Tax Map Number: 04152-0057
  • IncludedInTaxes: Sewer,Trash,Water

MLS Schools

  • Elementary School: Ps 7 Abraham Lincoln
  • High School: Brooklyn Lab School
  • Middle School District: Brooklyn 19

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2024
Sold by
Jayed Ishtiaque Alam and Salam Shajabin B
Bought by
Salam Shajabin B
Current Estimated Value
$724,291

Purchase Details

Listed on
Apr 24, 2023
Closed on
Aug 18, 2023
Sold by
Luciano Carlos
Bought by
Jayed Ishtiaque Alam and Salam Shajabin B
Seller's Agent
Dilon Mohan
Real Broker NY LLC
Buyer's Agent
Dilon Mohan
Real Broker NY LLC
List Price
$725,000
Sold Price
$675,000
Premium/Discount to List
-$50,000
-6.9%
Views
150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.72%
Original Mortgage
$540,000
Outstanding Balance
$526,634
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$192,445

Purchase Details

Closed on
Dec 11, 2003
Sold by
Dabreo Jeffrey
Bought by
Luciano Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,100
Interest Rate
5.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 13, 2002
Sold by
Kanhai Guavin
Bought by
Dabreo Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,700
Interest Rate
7.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 2001
Sold by
Kanhai Satyawattie
Bought by
Kanhai Guavin

Purchase Details

Closed on
Feb 15, 2000
Sold by
Pichardo Zoila and Pichardo Juan Ernesto
Bought by
Kanhai Satyawattie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,750
Interest Rate
8.31%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Salam Shajabin B -- --
Salam Shajabin B -- --
Jayed Ishtiaque Alam $675,000 --
Jayed Ishtiaque Alam $675,000 --
Jayed Ishtiaque Alam $675,000 --
Luciano Carlos $335,000 --
Luciano Carlos $335,000 --
Dabreo Jeffrey -- --
Dabreo Jeffrey -- --
Kanhai Guavin -- --
Kanhai Guavin -- --
Kanhai Satyawattie $155,000 Fidelity National Title Ins
Kanhai Satyawattie $155,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jayed Ishtiaque Alam $540,000
Closed Jayed Ishtiaque Alam $540,000
Previous Owner Luciano Carlos $320,100
Previous Owner Dabreo Jeffrey $182,700
Previous Owner Kanhai Satyawattie $131,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2023 08/18/23 Sold $675,000 -6.9% $536 / Sq Ft
06/27/2023 06/27/23 Pending -- -- --
04/24/2023 04/24/23 For Sale $725,000 -- $575 / 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 $5,121 $34,980 $12,420 $22,560
2024 $5,121 $33,420 $12,420 $21,000
2023 $5,054 $41,040 $12,420 $28,620
2022 $4,899 $42,780 $12,420 $30,360
2021 $4,954 $39,540 $12,420 $27,120
2020 $2,356 $33,420 $12,420 $21,000
2019 $4,445 $27,720 $12,420 $15,300
2018 $4,227 $20,736 $9,711 $11,025
2017 $4,168 $20,448 $9,686 $10,762
2016 $3,921 $19,615 $11,247 $8,368
2015 $2,107 $18,768 $13,041 $5,727
2014 $2,107 $17,707 $12,454 $5,253
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    Dilon Mohan

    Real Broker NY LLC

    (888) 276-0630

    2 in this area

    23 Total Sales

    Dilon Mohan
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY3473265

OneKey® MLS

APN: 04152-0057

New York Kings County Brooklyn 11208 Cypress Hills

294 Eldert Ln, Brooklyn, NY

Not Listed for Sale

Detached

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