NOT LISTED FOR SALE

Estimated Value: $739,823 - $1,071,000

5 Beds
3 Baths
2,416 Sq Ft
$362/Sq Ft Est. Value

Last Sold June 04, 2024

Last sale price $725,000 $300 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,288/month

115 Days on Market

About This Home

As of June 2024

Great investment opportunity with three units, including a spacious three-bedroom apartment on the top level and two one-bedroom apartments on the main level. Its prime location in the heart of Brooklyn further adds to its appeal!!

Last Agent to Sell the Property

Richard Krug

Coldwell Banker American Homes Brokerage Phone: 516-796-8900 License #10301215929 Listed on: 12/04/2023

Coldwell Banker American Homes

Co-Listed By

Taleen Krug

Coldwell Banker American Homes Brokerage Phone: 516-796-8900 License #10401324410

Last Buyer's Agent

Richard Krug

Coldwell Banker American Homes Brokerage Phone: 516-796-8900 License #10301215929 Listed on: 12/04/2023

Coldwell Banker American Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,722

Year Built

  • Built in 1945

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 40x100
  • No Common Walls

Parking

  • 1 Car Attached Garage

Home Design

  • Duplex

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Schools

  • Andries Hudde Middle School
  • Midwood High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 64 / 7770
  • Assessor Parcel Number 07770-0064

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,722

Year Built

Built in 1945

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Duplex
  • Property SubType: Multi Family
  • Year Built: 1945
  • New Construction: No
  • Attribution Contact: 516-796-8900
  • Co List Office Mls Id: ONEBRMN01
  • Co List Office Phone: 516-796-8900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: None
  • Total Bedrooms: 5
  • NumberOfKitchens: 3

Exterior Features

  • Construction Materials: Other
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Private, Attached, 1 Car Attached

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Baseboard, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Andries Hudde School

Lot Info

  • Lot Size Acres: 0.09
  • Lot Dimensions: 40x100
  • Lot Size Sq Ft: 4000
  • Lot Size Units: Acres
  • Parcel Number: 07770-0064
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No
  • Available Date: 2024-04-29

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 7722.28
  • Tax Block: 7770
  • Tax Lot: 64
  • Tax Map Number: 07770-0064

MLS Schools

  • High School: Midwood High School
  • Middle School District: Brooklyn 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2023
Closed on
Jun 4, 2024
Sold by
Berger Administrator Michael and The Estate Of Raphael Berger A/K/A Ray B
Bought by
4551 Kings Hwy Llc
Seller's Agent
Richard Krug
Coldwell Banker American Homes
Buyer's Agent
Richard Krug
Coldwell Banker American Homes
List Price
$949,000
Sold Price
$725,000
Premium/Discount to List
-$224,000
-23.6%
Views
1588
Current Estimated Value
$875,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,706
Avg. Annual Appreciation
14.22%
Original Mortgage
$652,500
Outstanding Balance
$643,363
Interest Rate
7.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$232,343

Purchase Details

Closed on
Nov 7, 2013
Sold by
Defrietas Michael
Bought by
Berger Gerda and Berger Raphael

Purchase Details

Closed on
Oct 25, 2013
Sold by
Defreitas Lois
Bought by
Defrietas Michael
Source: Public Records

Range of Values:

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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
4551 Kings Hwy Llc $725,000 --
Berger Gerda $550,000 --
Berger Gerda $550,000 --
Defrietas Michael -- --
Defrietas Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 4551 Kings Hwy Llc $652,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2024 06/04/24 Sold $725,000 -14.6% $300 / Sq Ft
04/05/2024 04/05/24 Pending -- -- --
02/06/2024 02/06/24 Price Changed $849,000 -10.5% $351 / Sq Ft
12/11/2023 12/11/23 For Sale $949,000 -- $393 / 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 $8,185 $60,480 $17,820 $42,660
2024 $8,185 $47,760 $17,820 $29,940
2023 $7,808 $57,000 $17,820 $39,180
2022 $5,757 $50,460 $17,820 $32,640
2021 $8,031 $45,240 $17,820 $27,420
2020 $3,766 $44,580 $17,820 $26,760
2019 $7,105 $46,380 $17,820 $28,560
2018 $6,531 $32,040 $17,820 $14,220
2017 $7,915 $38,830 $17,421 $21,409
2016 $7,323 $36,633 $15,345 $21,288
2015 $4,418 $34,560 $17,150 $17,410
2014 $4,418 $34,560 $14,584 $19,976
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3519531

OneKey® MLS

APN: 07770-0064