NOT LISTED FOR SALE

Estimated Value: $913,108 - $1,241,000

6 Beds
5 Baths
3,487 Sq Ft
$293/Sq Ft Est. Value

Last Sold December 13, 2023

Last sale price $932,500 $267 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $6,325/month

24 Days on Market

Highlights

  • Property is near public transit
  • 5-minute walk to Van Siclen Avenue (A,C Line)
  • Combination Dining and Living Room
  • Park
  • Zoned Cooling
  • Baseboard Heating

About This Home

As of December 2023

Welcome to this exquisite, centrally located 2-family home! This property offers a great opportunity to own an incoming producing or multigeneration living arrangement in a convenient location. It is situated near schools, shops, supermarkets, malls, and public transportation including the subway and bus. This residence is perfect for someone seeking both convenience and ample living space. It features recess lighting, modern light fixtures, hardwood flooring, crafted kitchen cabinetry, and was well maintained by its owners. The home has a fenced-in yard for privacy and ample space to create an outdoor oasis, a true gem in Brooklyn. If the spacious units are not enough, you do have a fully finished basement with a separate entrance. To truly appreciate all that this home has to offer you must view it.

Last Agent to Sell the Property

Kandice Inder

Keller Williams Legendary Brokerage Phone: 718-496-1507 License #10401351985 Listed on: 08/28/2023

Keller Williams Legendary

Last Buyer's Agent

Zafar Sadick

Keller Williams Realty Liberty License #10401364822

Keller Williams Realty Liberty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,788

Year Built

  • Built in 2004

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20x100
  • 1 Common Wall

Home Design

  • Brick Exterior Construction
  • Block Exterior

Interior Spaces

  • 2-Story Property
  • Combination Dining and Living Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • Public Parking
  • Private Parking
  • Driveway
  • On-Street Parking

Location

  • Property is near public transit

Schools

  • Ps 158 Warwick Elementary School
  • JHS 292 Margaret S Douglas Middle School
  • W H Maxwell Career And Tech High School

Utilities

  • Zoned Cooling
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 39 / 4014
  • Assessor Parcel Number 04014-0039

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

$8,788

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Year Built: 2004
  • New Construction: No
  • Attribution Contact: 718-496-1507
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Living Room/Dining Room Combo
  • Living Area Units: Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Basement: Finished, Full
  • Total Bedrooms: 6
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick, Block
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Private, Driveway, Public Parking, On Street

Utilities

  • Cooling: Zoned
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Jhs 292 Margaret S Douglas

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Dimensions: 20x100
  • Lot Size Sq Ft: 2000
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04014-0039
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-08-29

Rental Info

  • Lease Considered: No

Multi Family

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

Tax Info

  • Tax Annual Amount: 8788
  • Tax Block: 4014
  • Tax Lot: 39
  • Tax Map Number: 04014-0039
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Elementary School: Ps 158 Warwick
  • High School: W H Maxwell Career And Tech Hs
  • Middle School District: Brooklyn 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2023
Closed on
Dec 13, 2023
Sold by
Khemlal Chabilall and Khemlal Chandrawattie
Bought by
Alam Farid and Hossain Shadat
Seller's Agent
Kandice Inder
Keller Williams Legendary
Buyer's Agent
Zafar Sadick
Keller Williams Realty Liberty
List Price
$900,000
Sold Price
$932,500
Premium/Discount to List
$32,500
3.61%
Views
40
Current Estimated Value
$1,021,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,277
Avg. Annual Appreciation
5.53%
Original Mortgage
$699,375
Outstanding Balance
$688,817
Interest Rate
7.44%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$332,960

Purchase Details

Closed on
Oct 25, 2012
Sold by
Cornerstone Residence Llc
Bought by
Khemlal Chabilall and Khemlal Chandrawattie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,450
Interest Rate
3.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2006
Sold by
Cornerstone Residence Llc
Bought by
Cornerstone Residence Llc
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
Alam Farid $932,500 --
Alam Farid $932,500 --
Khemlal Chabilall $465,000 --
Khemlal Chabilall $465,000 --
Cornerstone Residence Llc -- --
Cornerstone Residence Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alam Farid $699,375
Closed Alam Farid $699,375
Previous Owner Khemlal Chabilall $348,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2023 12/13/23 Sold $932,500 +0.8% $267 / Sq Ft
10/02/2023 10/02/23 Pending -- -- --
09/07/2023 09/07/23 Price Changed $925,000 +2.8% $265 / Sq Ft
09/07/2023 09/07/23 For Sale $900,000 -- $258 / 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 $9,213 $50,820 $9,360 $41,460
2024 $9,213 $50,100 $9,360 $40,740
2023 $8,504 $47,220 $9,360 $37,860
2022 $8,093 $42,420 $9,360 $33,060
2021 $8,038 $40,800 $9,360 $31,440
2020 $3,995 $44,460 $9,360 $35,100
2019 $7,703 $46,200 $9,360 $36,840
2018 $7,053 $36,060 $9,360 $26,700
2017 $6,831 $34,980 $8,357 $26,623
2016 $6,287 $33,000 $9,360 $23,640
2015 $4,392 $35,298 $7,295 $28,003
2014 $4,392 $33,300 $7,800 $25,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3500528

OneKey® MLS

APN: 04014-0039