NOT LISTED FOR SALE

Estimated Value: $1,298,150 - $2,151,000

-- Bed
-- Bath
2,880 Sq Ft
$593/Sq Ft Est. Value

Last Sold September 15, 2014

Last sale price $950,000 $330 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $9,384/month

85 Days on Market

About This Home

As of September 2014

This fully renovated townhouse affords amazing value in this current market place. Lower duplex is renovated with a finished basement. It can yield a tremendous rental value based on existing comparable's in this fast growing community. It is configured as a 3 BR, 2.5 bath garden duplex, the basement; completely is finished. Upstairs is a high rental income 2 BR apartment with one full bath that affords a layout that should easily earn about $3100 a month, again based on current comparability in the immediate area. The property is completely renovated from top to bottom with some minor improvements but within no circumstances excessively expensive to deal with. The property is vacant and is able to draw a profit from the onset. The façade is new on a block that is located outside the current historic district but otherwise well maintained and near all transportation, latest restaurants and shops. All mechanicals are new, kitchens are rather meticulously renovated with desirable appliance packages, cabinets and countertops. The same for all the bathrooms which include soaking tubs,. There is a washer/dryer hook up in the lower duplex with finished basement. Property is being offered as is and vacant. Taxes are $1,430 annually.

Last Agent to Sell the Property

Jerry Minsky

Douglas Elliman Real Estate License #30MI0708058 Listed on: 04/15/2014

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,867

Year Built

  • Built in 1899

Lot Details

  • 2,004

Interior Spaces

  • 2,880 Sq Ft Home
  • 3-Story Property

Community Details

  • 2 Units
  • Bed Stuy Subdivision

Listing and Financial Details

  • Tax Block 1800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,867

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Cross Street: Throop and Tomkins Avenus
  • 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: 2880.0
  • Living Area Units: Square Feet

Building Info

  • Units: 2
  • Total Stories: 3
  • Year Built: 1899

Tax Info

  • Tax Block: 1800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2014
Closed on
Sep 15, 2014
Sold by
Brooklyn Re Inv Llc
Bought by
Kawai Dallas and Kawai Melissa
Seller's Agent
Jerry Minsky
Douglas Elliman Real Estate
List Price
$999,000
Sold Price
$950,000
Premium/Discount to List
-$49,000
-4.9%
Current Estimated Value
$1,706,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$756,788
Avg. Annual Appreciation
5.39%
Original Mortgage
$550,000
Outstanding Balance
$420,594
Interest Rate
4.11%
Mortgage Type
New Conventional
Estimated Equity
$1,286,194

Purchase Details

Closed on
Apr 8, 2014
Sold by
Lucas Chesla D
Bought by
Brooklyn Re Inv Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2013
Sold by
Lexington Units Llc
Bought by
Lucas Chesla D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$615,152
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2011
Sold by
Allen Executrix Olivia
Bought by
Lexington Units Llc

Purchase Details

Closed on
Feb 16, 1998
Sold by
Johnson Marie Nicholson
Bought by
Corpening Clara A
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
Kawai Dallas $950,000 --
Brooklyn Re Inv Llc $740,000 --
Lucas Chesla D $626,500 --
Lexington Units Llc $275,000 --
Corpening Clara A -- The Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kawai Dallas $550,000
Previous Owner Brooklyn Re Inv Llc $592,000
Previous Owner Lucas Chesla D $615,152
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2022 04/20/22 Off Market $950,000 -- --
09/15/2014 09/15/14 Sold $950,000 -4.9% $330 / Sq Ft
08/16/2014 08/16/14 Pending -- -- --
05/22/2014 05/22/14 For Sale $999,000 -- $347 / 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 $4,867 $96,780 $12,960 $83,820
2024 $4,867 $99,540 $12,960 $86,580
2023 $4,642 $89,100 $12,960 $76,140
2022 $4,305 $85,320 $12,960 $72,360
2021 $4,281 $93,600 $12,960 $80,640
2020 $2,128 $91,200 $12,960 $78,240
2019 $4,224 $87,420 $12,960 $74,460
2018 $3,989 $19,566 $3,569 $15,997
2017 $3,867 $18,968 $5,039 $13,929
2016 $1,940 $9,703 $2,740 $6,963
2015 $949 $9,703 $2,561 $7,142
2014 $949 $9,578 $2,952 $6,626
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10060149

Real Estate Board of New York (REBNY)

APN: 01800-0065