NOT LISTED FOR SALE

323 E 31 St Brooklyn, NY 11226

Flatbush Neighborhood

Estimated Value: $976,000 - $1,063,000

5 Beds
2 Baths
2,120 Sq Ft
$478/Sq Ft Est. Value

Last Sold November 12, 2020

Last sale price $780,000 $368 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $5,877/month

Highlights

  • Wood Flooring
  • Garden
  • 3-minute walk to Newkirk Avenue (2,5 Line)

About This Home

As of November 2020

Price to sell in prime East Flatbush! This distinctive 2-story, 2-family home with a full basement and private rear garden presents a great opportunity and awaits your custom touch. Bring your architect/ contractor and create your dream home, or renovate the apartments and generate substantial rental income. The interior boasts lots of classic elements such as high ceilings, hardwood floors and original detail, but is in need of a renovation. Imagine the potential of owning/reinventing this outstanding property in one of Brooklyn's best locations, near Flatbush Ave, the Newkirk Avenue/ Beverly Road subway stations. The excellent address is also in close proximity to the Botanic Gardens, Grand Army Plaza, Brooklyn Museum and Prospect Park!

Last Agent to Sell the Property

Mohamad Hasan

Bellmarc Listed on: 06/18/2020

Last Buyer's Agent

Mohamad Hasan

Bellmarc Listed on: 06/18/2020

Property Details

Home Type

  • Multi-Family

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20x100
  • Garden
  • Back and Front Yard

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 2,120 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Finished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 4948

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Unfinished
  • Total Bathrooms: 2.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Borough: Brooklyn
  • Building Length: 100.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Clarendon Road
  • Cross Street Name2: Ave D
  • 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
  • Fill Sq Ft Total: 2120
  • Building Stories: 2
  • Street Name I D X: 31
  • Building Style: Other
  • Waterfront Present: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 2
  • Total Bedrooms: 5
  • Flooring: Hardwood
  • Lot Sq Ft: 2000

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Other
  • Lot Number: 80
  • Roof: Flat

Utilities

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

Lot Info

  • Lot Dimensions: 20X100
  • Lot Size Irregular: No
  • Lot Size Length: 53
  • Lot Size Width: 20
  • Zoning: R6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2020
Closed on
Nov 12, 2020
Sold by
Estate Of Walter Jaeckel
Bought by
Cardinal Chelsea and Makris Christopher
Seller's Agent
Mohamad Hasan
Bellmarc
Buyer's Agent
Mohamad Hasan
Bellmarc
Sold Price
$780,000
Current Estimated Value
$1,013,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,734
Avg. Annual Appreciation
5.22%
Original Mortgage
$729,000
Outstanding Balance
$648,706
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$365,028
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Cardinal Chelsea $811,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cardinal Chelsea $729,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2020 11/12/20 Sold $780,000 -- $368 / Sq Ft
06/18/2020 06/18/20 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 $6,917 $62,880 $20,040 $42,840
2024 $6,917 $49,680 $20,040 $29,640
2023 $6,599 $43,920 $20,040 $23,880
2022 $6,119 $46,260 $20,040 $26,220
2021 $6,451 $41,400 $20,040 $21,360
2020 $1,259 $40,980 $20,040 $20,940
2019 $4,742 $40,980 $20,040 $20,940
2018 $4,273 $27,076 $11,082 $15,994
2017 $4,235 $25,545 $15,290 $10,255
2016 $4,161 $25,545 $16,159 $9,386
2015 $2,310 $25,352 $13,375 $11,977
2014 $2,310 $23,917 $15,119 $8,798
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Mohamad Hasan

    Bellmarc

    (917) 721-6990

    1 in this area

    45 Total Sales

    Mohamad Hasan
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 438545

Brooklyn Board of REALTORS®

APN: 04948-0080

New York Kings County Brooklyn 11226 Flatbush

323 E 31 St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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