NOT LISTED FOR SALE

Estimated Value: $1,060,000 - $1,106,763

-- Bed
-- Bath
4,000 Sq Ft
$268/Sq Ft Est. Value

Last Sold June 25, 2018

Last sale price $850,000 $212 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $5,940/month

140 Days on Market

About This Home

As of June 2018

Well-maintained residential neighborhood in the East New York section of Brooklyn, this 3,000 square foot legal three-family house is a solid brick structure built in 1901. The home is measured at approximately 20 x 50 and sits on a lot sized at 20 x 100. With great income potential, this three-story walk-up home consists of: Two three-bedroom units One two-bedroom unit All units are separately metered Each unit consists of large bathroom, full eat-in kitchen and formal dining area The garden level unit includes a partially finished basement and a fully finished backyard. This home is close to public transportation near the following subway stops: Broadway Junction (A, C, J, M, Z, L) Pennsylvania or Van Siclen Avenue (3) The neighborhood features many supermarkets within a five-block walk as well as several newly developed playgrounds and park green-spaces. Within a 10-minute walk, you'll find the suburban style commercial shopping area, "Gateway Center" that offers urban style convenience of retail store favorites such as Target, Best Buy, Home Depot, JC Penney, Nordstrom Rack, Pier 1, Bed Bath & Beyond, Old Navy and more including eateries and restaurants Panera Bread, Buffalo Wild Wings, Applebee's, Olive Garden, Red Lobster, and Outback Steakhouse. Sparked by large capital investment to the infrastructure of the surrounding area, this residential and commercial enclave is currently expanding with several developments to promote housing development, encourage economic development and create pedestrian-friendly streets that foster a more equitable and livable New York City. For more detailed information please feel free to contact the listing agent directly.

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,886

Lot Details

  • 2,004

Community Details

  • East New York Subdivision

Listing and Financial Details

  • Legal Lot and Block 46 / 3791

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,886

Lot Details

0

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: East New York
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily

Building Info

  • Units: 1

Tax Info

  • Tax Block: 3791
  • Tax Lot: 46

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2018
Closed on
Jun 25, 2018
Sold by
Fazelzadehhashemi Zafardokht and Ghazi Mehdi D
Bought by
Wang Li and Yang Rongfang
List Price
$850,000
Sold Price
$850,000
Current Estimated Value
$1,072,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,941
Avg. Annual Appreciation
3.22%
Original Mortgage
$618,000
Outstanding Balance
$536,773
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$536,168

Purchase Details

Closed on
Feb 29, 2012
Sold by
Hu Hong-Ji T
Bought by
Fazelzadehhashemi Zafardokht and Ghazi Mehdi D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,493
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2011
Sold by
American Brokers Conduit and American Home Mortgage Corp
Bought by
Hu Hong Ji Ted

Purchase Details

Closed on
Sep 8, 2009
Sold by
Mitchell Susan E
Bought by
American Brokers Conduit

Purchase Details

Closed on
Feb 22, 2006
Sold by
Smith Arlene
Bought by
Martinez Oscar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,100
Interest Rate
6.15%

Purchase Details

Closed on
Dec 12, 2002
Sold by
Gregory Joanna
Bought by
Smith Arlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,650
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage
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
Wang Li $850,000 --
Fazelzadehhashemi Zafardokht $375,000 --
Fazelzadehhashemi Zafardokht $375,000 --
Hu Hong Ji Ted $199,500 --
Hu Hong Ji Ted $199,500 --
American Brokers Conduit -- --
American Brokers Conduit -- --
Martinez Oscar $599,000 --
Martinez Oscar $599,000 --
Smith Arlene $280,000 --
Smith Arlene $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Li $618,000
Previous Owner Fazelzadehhashemi Zafardokht $365,493
Previous Owner Martinez Oscar $179,100
Previous Owner Martinez Oscar $419,300
Previous Owner Smith Arlene $282,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2018 06/25/18 Sold $850,000 0.0% $213 / Sq Ft
05/26/2018 05/26/18 Pending -- -- --
01/05/2018 01/05/18 For Sale $850,000 -- $213 / 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 $3,886 $59,580 $20,820 $38,760
2024 $3,886 $47,040 $20,820 $26,220
2023 $3,710 $44,880 $20,820 $24,060
2022 $3,447 $42,900 $20,820 $22,080
2021 $3,431 $39,420 $20,820 $18,600
2020 $1,705 $41,100 $20,820 $20,280
2019 $3,373 $41,460 $20,820 $20,640
2018 $3,185 $15,225 $8,359 $6,866
2016 $2,716 $13,584 $7,989 $5,595
2015 $1,637 $13,584 $7,756 $5,828
2014 $1,637 $13,436 $9,163 $4,273
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10061720

Real Estate Board of New York (REBNY)

APN: 03791-0046