NOT LISTED FOR SALE

Estimated Value: $2,072,000 - $3,057,000

5 Beds
2 Baths
2,268 Sq Ft
$1,169/Sq Ft Est. Value

Last Sold April 07, 2021

Last sale price $1,950,000 $860 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $14,600/month

17 Days on Market

About This Home

As of April 2021

Here's a golden opportunity to own a townhouse in PRIME Fort Greene whose pricing is ten years behind! With vision and a little work, the next owner can realize a lot of upside on this investment and have a super new place to call home. 404 Adelphi Street is a two family with a current total of 5 bedrooms and 2 baths. There's remaining original details such as fireplace mantels and tin ceilings and its unique faade makes it a very welcoming and special property. The expansive backyard is west facing with great setting sunlight all of which is located on a picturesque block located near historic Fort Greene and Cuyler Gore parks. Within a few short blocks, is the heart of the 'hood with great shopping, dining and transportation with Atlantic Terminal just minutes away. Currently, yearly taxes are ONLY $2363 which is a quarter of what one could expect to pay. This is an "Estate Sale". Don't miss this opportunity! All showings are by appointment.

Last Agent to Sell the Property

Dorothy Somekh

Brown Harris Stevens Residential Sales LLC License #30SO0928030 Listed on: 01/26/2021

Brown Harris Stevens Residential Sales LLC

Co-Listed By

Rodney Ripps

Oxford Property Partners, Inc. License #10401211814

Home Details

Home Type

  • Single Family

Lot Details

  • 1,873

Interior Spaces

  • 2-Story Property
  • Washer Dryer Allowed

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Community Details

  • Fort Greene Subdivision

Home Details

Home Type

Single Family

Lot Details

1,873 Sq Ft Lot

Listing Details

  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Fort Greene
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Washer Dryer Allowed

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 5

Garage/Parking

  • Garage: No

Building Info

  • Units: 1
  • Total Stories: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2021
Closed on
Apr 6, 2021
Sold by
Andre H Abdul Rehreem Life Tenant and Andre Hassan Outlaw Life Tenant
Bought by
Caillet Anne and Litz Stephen
Seller's Agent
Dorothy Somekh
Brown Harris Stevens Residential Sales LLC
List Price
$1,950,000
Sold Price
$1,950,000
Current Estimated Value
$2,650,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$700,608
Avg. Annual Appreciation
6.40%
Original Mortgage
$1,400,000
Outstanding Balance
$1,259,585
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,391,023

Purchase Details

Closed on
Feb 14, 2005
Sold by
Outlaw Clarence Ray and Outlaw Fannie
Bought by
Outlaw Fannie
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
Caillet Anne $1,750,000 --
Caillet Anne $1,750,000 --
Caillet Anne $1,750,000 --
Outlaw Fannie -- --
Outlaw Fannie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caillet Anne $1,400,000
Closed Caillet Anne $1,400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2021 04/07/21 Sold $1,950,000 0.0% $860 / Sq Ft
02/12/2021 02/12/21 Pending -- -- --
01/26/2021 01/26/21 For Sale $1,950,000 -- $860 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $9,694 $180,600 $27,720 $152,880
2024 $9,694 $172,680 $27,720 $144,960
2023 $7,007 $160,260 $27,720 $132,540
2022 $6,501 $161,040 $27,720 $133,320
2021 $5,811 $149,700 $27,720 $121,980
2020 $1,188 $163,500 $27,720 $135,780
2019 $2,376 $159,420 $27,720 $131,700
2018 $2,272 $28,753 $6,027 $22,726
2017 $5,233 $27,139 $4,828 $22,311
2016 $1,940 $25,618 $5,625 $19,993
2015 $1,105 $24,184 $7,932 $16,252
2014 $1,105 $24,184 $9,521 $14,663
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10694812

Real Estate Board of New York (REBNY)

APN: 01957-0041

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