NOT LISTED FOR SALE

Estimated Value: $590,000 - $660,000

3 Beds
1 Bath
811 Sq Ft
$761/Sq Ft Est. Value

Last Sold May 02, 2024

Last sale price $580,000 $715 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,878/month

139 Days on Market

Highlights

  • Wood Flooring
  • 2-minute walk to Rockaway Avenue (A,C Line)
  • No Heating
  • Recessed Lighting
  • Laundry Facilities

About This Home

As of May 2024

Attention first time buyers or investors! 40 Somers Street is a beautifully renovated pre-war townhouse with restored original details adorning the halls. One flight up you will find a renovated 3 bedroom, 1 bathroom floor-through apartment with split unit hvac units for heating and cooling. The apartment features hardwood floors, exposed brick, recessed lighting, and custom wood doors. The kitchen showcases dark wood lower cabinetry, stone counters, frosted glass upper cabinets and stainless steel appliances. The unit includes a separate storage room with a private washer dryer. Surrounded by great coffee shops, bars, and restaurants such as Beets Cafe, Daily Press, Macaron, Love Nelly, All Night Skate, and Abuela Antonia. Subway station at the corner!

Last Agent to Sell the Property

Lindsay Hymson

Compass License #10401281295 Listed on: 10/10/2023

Compass

Co-Listed By

Max Moondoc

Compass License #10301207399

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,508

Year Built

  • Built in 1899

Lot Details

  • 1,263

HOA Fees

  • $250 Monthly HOA Fees

Interior Spaces

  • 811 Sq Ft Home
  • 3-Story Property
  • Recessed Lighting
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • No Heating

Listing and Financial Details

  • Legal Lot and Block 1002 / 01542

Community Details

Overview

  • 3 Units
  • Bedford Stuyvesant Subdivision

Amenities

  • Laundry Facilities

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,508

Year Built

Built in 1899

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property SubType: Townhouse
  • Property Type: Residential
  • Neighborhood: Bedford-Stuyvesant
  • Entry Level: 2
  • Structure Type: Townhouse
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Interior Features: Recessed Lighting
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 811.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 3

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: Common On Floor, Common Area
  • Cooling: No
  • Heating: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 250.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 0.000000x0.000000

Building Info

  • New Construction: No
  • Units: 3
  • Total Stories: 3
  • Year Built: 1899

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 01542
  • Tax Lot: 1002
  • Tax Annual: 2508.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2023
Closed on
May 2, 2024
Sold by
Wu Ti An
Bought by
Byerly Auburn Noel and Byerly Jacob Colling
Seller's Agent
Lindsay Hymson
Compass
List Price
$600,000
Sold Price
$580,000
Premium/Discount to List
-$20,000
-3.33%
Views
77
Current Estimated Value
$617,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,023
Avg. Annual Appreciation
4.72%
Original Mortgage
$522,000
Outstanding Balance
$516,036
Interest Rate
6.82%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$97,235

Purchase Details

Closed on
Dec 27, 2017
Sold by
Bsd 50 Holdings Llc
Bought by
Wu Ti An

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
3.9%
Mortgage Type
New Conventional
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
Byerly Auburn Noel $580,000 --
Byerly Auburn Noel $580,000 --
Wu Ti An $548,837 --
Wu Ti An $548,837 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Byerly Auburn Noel $522,000
Closed Byerly Auburn Noel $522,000
Previous Owner An Wu Ti $384,000
Previous Owner Wu Ti An $340,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2024 05/02/24 Sold $580,000 -3.3% $715 / Sq Ft
03/14/2024 03/14/24 Pending -- -- --
10/26/2023 10/26/23 For Sale $600,000 -- $740 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $2,638 $25,549 $3,489 $22,060
2024 $2,638 $29,974 $3,489 $26,485
2023 $2,516 $36,781 $3,489 $33,292
2022 $2,333 $33,909 $3,481 $30,428
2021 $2,460 $32,739 $3,481 $29,258
2019 $2,411 $17,649 $3,481 $14,168
2018 $2,216 $10,871 $2,241 $8,630
2017 $1,191 $5,841 $3,481 $2,360
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10953539

Real Estate Board of New York (REBNY)

APN: 01542-1002