NOT LISTED FOR SALE

Estimated Value: $1,593,000 - $2,836,000

5 Beds
3 Baths
3,379 Sq Ft
$668/Sq Ft Est. Value

Last Sold October 31, 2016

Last sale price $1,800,000 $533 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $12,128/month

70 Days on Market

About This Home

As of October 2016

Built in the Neo Greek Rival Style, this four story brownstone is beautifully proportioned and still retains its classical entrance with the original double leaf doors and original door handles. Situated between Marcy Avenue and Tompkins Avenue, 412 is one in a row of eight town houses attributed to the builder/developer, George H. Stone who is credited with building a number of the homes within the Bedford Historic District. Although it is a legal three family, it was originally built in 1886 as a single family home in the grand style of the day. Among the many decorative details are pier mirrors, framed in oak, gas fireplaces with ceramic tile and carved wood mantels, incised marble fire places, and functioning carved oak pocket doors. The owner has taken great care to preserve the historically unique architectural details of the house, while at the same time updating the mechanicals of the building. Each unit has its own meter, the furnace and water heater have been replaced, and the building has new plumbing.

Co-Listed By

Pablo Cuevas

Madison Ryder Real Estate License #10371201963

Property Details

Home Type

  • Multi-Family

Lot Details

  • 1,742

Home Design

Interior Spaces

  • 3,379 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Community Details

  • 3 Units
  • Bed Stuy Subdivision

Listing and Financial Details

  • Tax Block 1829

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Cross Street: Tompkins Ave. and Marcy Ave.
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: BED-STUY
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Living Area: 3379.0
  • Living Area Units: Square Feet

Beds/Baths

  • Bathrooms Integer: 3
  • Bedrooms: 5

Utilities

  • Heating: Building Natural Gas

Building Info

  • Units: 3
  • Total Stories: 3

Tax Info

  • Tax Block: 1829

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2016
Closed on
Oct 24, 2016
Sold by
Allen Marcus J
Bought by
Howard Damon
List Price
$1,795,000
Sold Price
$1,800,000
Premium/Discount to List
$5,000
0.28%
Current Estimated Value
$2,256,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$456,530
Avg. Annual Appreciation
2.48%
Original Mortgage
$1,440,000
Outstanding Balance
$1,155,892
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,100,638

Purchase Details

Closed on
Jun 11, 1998
Sold by
Casablanca Home Sales Inc
Bought by
Allen Marcus J and Saeed Shomari

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,802
Interest Rate
6.64%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 6, 1998
Sold by
Headley Sarah
Bought by
Casablanca Home Sales Inc

Purchase Details

Closed on
Jan 6, 1998
Sold by
Headley Rudolph
Bought by
Hezekiah Shirley

Purchase Details

Closed on
Nov 20, 1997
Sold by
Headley Godfrey
Bought by
Casablanca Home Sales Inc

Purchase Details

Closed on
Nov 10, 1997
Sold by
Groff Leona
Bought by
Hezekiah Shirley

Purchase Details

Closed on
Oct 31, 1997
Sold by
Headley Shari
Bought by
Casablanca Home Sales Inc

Purchase Details

Closed on
Oct 14, 1997
Sold by
Headley Stacy
Bought by
Casablanca Home Sales Inc

Purchase Details

Closed on
Oct 10, 1997
Sold by
Headley Sabin
Bought by
Casablanca Homes Sales Inc
Source: Public Records
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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
Howard Damon $1,800,000 --
Allen Marcus J $236,000 Nations Title Insurance
Casablanca Home Sales Inc $10,000 Commonwealth Land Title Ins
Casablanca Homes Sales Inc $10,000 Commonwealth Land Title Ins
Casablanca Homes Sales Inc $15,000 Commonwealth Land Title Ins
Hezekiah Shirley -- Commonwealth Land Title Ins
Casablanca Home Sales Inc -- Commonwealth Land Title Ins
Hezekiah Shirley -- Commonwealth Land Title Ins
Casablanca Home Sales Inc $10,000 Commonwealth Land Title Ins
Casablanca Home Sales Inc $10,000 Commonwealth Land Title Ins
Casablanca Homes Sales Inc $10,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howard Damon $1,440,000
Previous Owner Allen Marcus J $222,802
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2016 10/31/16 Sold $1,800,000 +0.3% $533 / Sq Ft
10/01/2016 10/01/16 Pending -- -- --
07/22/2016 07/22/16 For Sale $1,795,000 -- $531 / 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 $4,778 $81,000 $14,160 $66,840
2024 $4,778 $95,280 $14,160 $81,120
2023 $2,960 $101,700 $14,160 $87,540
2022 $1,974 $97,920 $14,160 $83,760
2021 $2,613 $107,400 $14,160 $93,240
2019 $4,147 $95,160 $14,160 $81,000
2018 $3,815 $18,717 $3,821 $14,896
2017 $3,602 $17,672 $3,181 $14,491
2016 $3,336 $16,687 $3,395 $13,292
2015 $2,011 $16,670 $4,095 $12,575
2014 $2,011 $16,520 $4,698 $11,822
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10061301

Real Estate Board of New York (REBNY)

APN: 01829-0031