NOT LISTED FOR SALE

Estimated Value: $1,003,392 - $1,212,000

3 Beds
2 Baths
2,423 Sq Ft
$449/Sq Ft Est. Value

Last Sold June 15, 2018

Last sale price $630,000 $260 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $6,199/month

Highlights

  • Wood Flooring
  • Garden
  • 5-minute walk to Atlantic Avenue (L Line)

About This Home

As of June 2018

Excellent opportunity for living and/or renting in booming Ocean Hill Built in 1920, this handsome brick 2-story, 2-family home with a full semi-finished basement sits in a vibrant, fast-growing neighborhood with new developments and exciting amenities cropping up all around the area. It's your choice to keep this special residence as a 2-family to benefit from rental income or to convert/customize it into a spacious single-family all your own. The 17'x 45' building sits on a 17'x93' lot. R5B zoning (1.35) FAR allows for an additional 550+/buildable square feet, so use your imagination! The first floor unit offers a total of 4 rooms with 1 bedroom/1bathroom; and the top-floor rental has 5 rooms with 2 bedrooms and 1 bath. Other perks include hardwood floors, high ceilings and spacious rear yard. Walking distance to shops and restaurants, schools, playground and the Broadway M,J,A,C, L trains.

Last Agent to Sell the Property

Mohamad Hasan

Listed on: 04/17/2018

Last Buyer's Agent

Mohamad Hasan

Listed on: 04/17/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,072

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 93 x 17
  • Garden
  • Back and Front Yard

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 1574

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,072

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Basement Amenities: Full, Semi-Finished
  • Total Bathrooms: 2.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Beds Total Level1: 1
  • Beds Total Level2: 2
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 765
  • Building Length: 45.00
  • Building Width: 17.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Herkimer St
  • Cross Street Name2: Atlantic Ave
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Other
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: None
  • Parking Feature Single: Street
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Patio Garden
  • Rooms Total Level1: 4
  • Rooms Total Level2: 5
  • Building Stories: 2
  • Street Name I D X: Jardine
  • Street Number I D X: 3
  • Waterfront Present: No
  • Year Built: 1920
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpeting, Hardwood
  • Lot Sq Ft: 1581
  • Total Rooms: 9

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Other
  • Lot Number: 9
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: Fuses
  • Heating Fuel: Gas
  • Hot Water: Electric

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 93
  • Lot Size Width: 17
  • Zoning: R5B

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2020
Sold by
Berkeley Lincoln Llc
Bought by
Welch Alexis and Welch Trey
Current Estimated Value
$1,087,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$899,100
Outstanding Balance
$800,495
Interest Rate
3.2%
Mortgage Type
Unknown
Estimated Equity
$326,238

Purchase Details

Listed on
Apr 17, 2018
Closed on
Jun 15, 2018
Sold by
Leonard Harrison Revocable Trust
Bought by
Berkeley Lincoln Llc
Seller's Agent
Mohamad Hasan
Buyer's Agent
Mohamad Hasan
Sold Price
$630,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.58%

Purchase Details

Closed on
Jun 25, 2012
Sold by
Harrison Theresa
Bought by
Harrison Maureen and Leonard Harrison Revocable Trust U/T/D 0
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Welch Alexis $999,000 --
Berkeley Lincoln Llc $630,000 --
Harrison Maureen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welch Alexis $899,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2018 06/15/18 Sold $630,000 -- $260 / Sq Ft
04/17/2018 04/17/18 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 $2,072 $52,260 $19,020 $33,240
2024 $2,072 $49,860 $19,020 $30,840
2023 $1,986 $61,200 $19,020 $42,180
2022 $2,008 $50,100 $19,020 $31,080
2021 $2,024 $47,580 $19,020 $28,560
2020 $1,921 $49,560 $19,020 $30,540
2019 $1,799 $54,840 $19,020 $35,820
2018 $1,723 $8,238 $4,005 $4,233
2017 $194 $8,238 $5,777 $2,461
2016 $180 $8,014 $4,775 $3,239
2015 $499 $7,562 $3,454 $4,108
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 419415

Brooklyn Board of REALTORS®

APN: 01574-0009