NOT LISTED FOR SALE

Estimated Value: $1,484,000 - $2,175,000

4 Beds
3 Baths
2,400 Sq Ft
$719/Sq Ft Est. Value

Sale Details

Date Sold: June 10, 2021

Last sale price $1,165,000 $485 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $9,391 / mo

10 Days on Market

Highlights

  • Property is near public transit
  • Eat-In Kitchen
  • Window Unit Cooling System
  • Marble Countertops
  • Walk-In Closet
  • 3-minute walk to Hattie Carthan Playground

About This Home

As of June 2021

Welcome to 317 Monroe Street!!! Located in the historic Bed Stuy Section of Brooklyn this 1899 Classic Brown Stone 2 Family Townhouse showcases not just its timeless features and elegance but is also situated on a R6B Zone 20 ft x 100 ft lot. Whether looking for a primary residence or an income generating investment property the possibilities are endless. This quintessential property holds 4 spacious Bedrooms and 4 Bathrooms, 2 gorgeous kitchens, over sized living rooms, high ceiling, hardwood floors throughout, laundry room, partially finished basement, and an enormous backyard ideal for hosting guests or even a swimming pool. Close to all restaurants, cafes, schools, shopping centers, parks major highways, mass transportation and is just minutes away from NYC.

Last Agent to Sell the Property

Miguel Cabrera

Douglas Elliman Real Estate License #10301211966 Listed on: 03/05/2021

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,932

Year Built

  • Built in 1899

Lot Details

  • 1,999 Sq Ft Lot
  • Two or More Common Walls
  • Fenced

Home Design

  • 2-Story Property
  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • 2,400 Sq Ft Home
  • Entrance Foyer
  • Home Security System
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Marble Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Location

  • Property is near public transit

Utilities

  • Window Unit Cooling System
  • 2 Heating Zones
  • Hot Water Heating System
  • Heating System Uses Oil
  • Oil Water Heater

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,932

Year Built

Built in 1899

Lot Details

1,999 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Architectural Style: See Remarks, Townhouse, 2 Story, Bilevel
  • Property SubType: Multi Family
  • Year Built: 1899
  • Attribution Contact: 914-723-6800
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen, Entrance Foyer, Marble Countertops, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Finished
  • Total Bedrooms: 4
  • Living Area: 2400.00
  • Square Footage: 2400.00

Exterior Features

  • Construction Materials: Brick, Stone
  • Fencing: Fenced

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Oil, Hot Water
  • Hot Water: Fuel Oil Stand Alone
  • Heating Zones: 2
  • Security: Security System
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.0500
  • Lot Size Sq Ft: 1999.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Property Attached: Yes

Tax Info

  • Close Date: 2021-06-10
  • Included in Taxes: Sewer, Trash, Water
  • Tax Annual Amount: 2932.00

Multi Family

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

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: Call Listing Agent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2022
Sold by
Gray Bricks Llc
Bought by
Dowlat Shahi Sara and Hamidi Bahram
Current Estimated Value
$1,725,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,250
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 5, 2021
Closed on
Jun 10, 2021
Sold by
Craig Michele
Bought by
Gray Bricks Llc
Seller's Agent
Miguel Cabrera
Douglas Elliman Real Estate
List Price
$1,350,000
Sold Price
$1,165,000
Premium/Discount to List
-$185,000
-13.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.44%
Original Mortgage
$1,085,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 16, 2000
Sold by
Hud
Bought by
Craig Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,300
Interest Rate
8.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 4, 1996
Sold by
Karim Tanya
Bought by
Trinidad Stephon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,850
Interest Rate
6.99%
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
Dowlat Shahi Sara $2,399,000 --
Gray Bricks Llc $1,165,000 --
Craig Michele $100,000 --
Trinidad Stephon $145,000 --
Karim Tonya $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dowlat Shahi Sara $414,250
Previous Owner Gray Bricks Llc $1,085,000
Previous Owner Craig Michele $139,300
Previous Owner Karim Tonya $144,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2021 06/10/21 Sold $1,165,000 -13.7% $485 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $1,350,000 -- $563 / Sq Ft
Source: OneKey® MLS

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 $3,662 $101,700 $16,080 $85,620
2024 $3,662 $97,200 $16,080 $81,120
2023 $3,500 $97,080 $16,080 $81,000
2022 $3,246 $89,100 $16,080 $73,020
2021 $2,938 $97,740 $16,080 $81,660
2019 $2,886 $107,880 $16,080 $91,800
2018 $2,630 $14,360 $2,380 $11,980
2017 $2,463 $13,552 $3,543 $10,009
2016 $2,250 $12,806 $4,522 $8,284
2015 $1,322 $12,788 $5,074 $7,714
2014 $1,322 $12,662 $4,770 $7,892
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6100035

OneKey® MLS

APN: 01814-0049

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