Alex Gandelman
Serhant
(718) 304-0293
36 Total Sales
1 in Gravesend
$1,150,000 Price
40 Southgate Ct Brooklyn, NY 11223
Gravesend NeighborhoodEstimated Value: $1,386,745
Studio
3
Baths
2,496
Sq Ft
$556/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Heating System Uses Steam
- Back Yard
- Multiple cooling system units
- Laundry Facilities
About This Home
As of August 2021Luxury 3 family being used as 2 Family.
Gut Renovated needs no work!
1st floor and basement duplex: 2 bedroom / 2 bathroom. Brand new kitchen and bathrooms. Another bedroom in basement.
2nd floor: 2 bedroom, 1 bathroom. Brand new kitchen and bathroom. Shared driveway. Huge backyard.
Bldg Size: 16x52 / Lot size: 20x80
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Property Details
Home Type
- Multi-Family
Lot Details
- 1,600 Sq Ft Lot
- Lot Dimensions are 80 x 20
- Back Yard
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Block Foundation
Interior Spaces
- 3 Full Bathrooms
- 2,496 Sq Ft Home
- Wood Flooring
- Finished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Microwave
- Dishwasher
Laundry
- Dryer
- Washer
Parking
- 2 Parking Spaces
- Shared Driveway
Utilities
- Multiple cooling system units
- Heating System Uses Steam
- Heating System Uses Gas
- 220 Volts
- Gas Water Heater
Community Details
- 3 Units
- Laundry Facilities
Listing and Financial Details
- Tax Block 7174
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 25, 2021
Closed on
Aug 3, 2021
Sold by
Bought by
Seller's Agent
Benjamin Mann
Wolf Properties Inc
Sold Price
$1,110,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,745
Avg. Annual Appreciation
4.55%
Original Mortgage
$832,500
Outstanding Balance
$741,801
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$644,944
Purchase Details
Closed on
Mar 20, 2018
Sold by
Bought by
Purchase Details
Closed on
Dec 30, 2016
Sold by
Bought by
Purchase Details
Closed on
Feb 29, 2016
Sold by
Bought by
Purchase Details
Closed on
May 4, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.3%
Purchase Details
Closed on
Aug 27, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,100
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 22, 1998
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Gravesend, NY
-
Alex Gandelman
-
Joseph Fuda
Joseph Fuda
COMPASS REALTY CENTRAL INC
(855) 908-3005
54 Total Sales
3 in Gravesend
$1,200,000 Price Range
-
Jon Goldstein
Jon Goldstein
Hometime Estates LLC
(866) 953-1441
101 Total Sales
5 in Gravesend
$385K - $1.5M Price Range
-
Gabriel Kashi
Gabriel Kashi
KEYSTONE REALTY USA CORP
(347) 658-5258
386 Total Sales
1 in Gravesend
$1,300,000 Price
-
Danny Chung
Danny Chung
Responds Quickly(866) 968-7198
96 Total Sales
1 in Gravesend
$900,000 Price
-
John Sprague
John Sprague
RE/MAX Elite
(718) 751-0584
99 Total Sales
2 in Gravesend
$1.6M - $1.7M Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,110,000 | -- | ||
| -- | -- | ||
| $727,846 | -- | ||
| $531,881 | -- | ||
| $510,000 | -- | ||
| -- | -- | ||
| $520,000 | -- | ||
| -- | Commonwealth Land Title Ins |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $832,500 | ||
| Previous Owner | $752,500 | ||
| Previous Owner | $20,000 | ||
| Closed | $85,000 | ||
| Previous Owner | $484,000 | ||
| Previous Owner | $413,100 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/03/2021 08/03/21 | Sold | $1,110,000 | -- | $445 / Sq Ft |
| 02/25/2021 02/25/21 | Pending | -- | -- | -- |
Source: Brooklyn Board of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $7,774 | $79,800 | $7,680 | $72,120 |
| 2025 | $7,685 | $81,360 | $7,680 | $73,680 |
| 2024 | $7,685 | $72,840 | $7,680 | $65,160 |
| 2023 | $7,335 | $77,460 | $7,680 | $69,780 |
| 2022 | $7,210 | $84,900 | $7,680 | $77,220 |
| 2021 | $7,195 | $77,880 | $7,680 | $70,200 |
| 2020 | $3,374 | $75,120 | $7,680 | $67,440 |
| 2019 | $6,670 | $63,480 | $7,680 | $55,800 |
| 2018 | $6,135 | $30,097 | $4,333 | $25,764 |
| 2017 | $6,135 | $30,097 | $5,306 | $24,791 |
| 2016 | $5,696 | $28,492 | $6,028 | $22,464 |
| 2015 | $3,205 | $26,880 | $8,520 | $18,360 |
| 2014 | $3,205 | $26,572 | $8,422 | $18,150 |
Source: Public Records
Agents Affiliated with this Home
-
Benjamin Mann
B
Seller's Agent in 2021
Benjamin Mann
Wolf Properties Inc
(718) 382-9653
1 in this area
1 Total Sale
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 448649
APN: 07174-0084
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The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.
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