NOT LISTED FOR SALE

Estimated Value: $977,000 - $1,079,000

7 Beds
3 Baths
4,080 Sq Ft
$255/Sq Ft Est. Value

Last Sold October 26, 2021

Last sale price $920,000 $225 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $6,133/month

42 Days on Market

Highlights

  • Active Adult
  • 1 Fireplace
  • Baseboard Heating
  • Property is near public transit
  • Zoned Cooling

About This Home

As of October 2021

This home is located at 474 E 93rd St, Brooklyn, NY 11212 since 17 June 2021 and is currently estimated at $1,040,923, approximately $255 per square foot. This property was built in 1920. 474 E 93rd St is a home located in Kings County with nearby schools including P.S. 219 Kennedy King, Middle School For Art And Philosphy, and New American Academy Charter School.

Last Agent to Sell the Property

Katimapretty Emptage

Our Community Realty Ltd Brokerage Phone: 516-328-8600 License #10401335635 Listed on: 06/17/2021

Last Buyer's Agent

Jaleel Mussington

Charles Rutenberg Realty Inc License #10401334023

Charles Rutenberg Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,592

Year Built

  • Built in 1920

Lot Details

  • 2,720 Sq Ft Lot
  • No Common Walls

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Shared Driveway

Location

  • Property is near public transit

Schools

  • Is 285 Meyer Levin Middle School
  • Brooklyn Theatre Arts High School

Utilities

  • Zoned Cooling
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 58 / 4689

Community Details

Overview

  • Active Adult
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,592

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Levels: Two
  • Year Built: 1920
  • New Construction: No
  • Attribution Contact: 516-328-8600
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Full
  • Inclusions: A/C Units,Fireplace Equip
  • Total Bedrooms: 7
  • Fireplace: Yes
  • NumberOfKitchens: 3

Exterior Features

  • Construction Materials: Brick
  • FloodZoneReportYN: 0

Garage/Parking

  • Total Parking Spaces: 2
  • Attached Garage: No
  • Garage: No
  • Parking Description: Shared Driveway

Utilities

  • Cooling: Zoned
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Electric Stand Alone

Association/Amenities

  • Community Features: Near Public Transportation

Condo/Co-op/Association

  • Senior Community: Yes

Schools

  • Middle School: Is 285 Meyer Levin

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 2500
  • Lot Size Sq Ft: 2720
  • Lot Size Units: Acres
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No
  • Tenant Pays: All Utilities

Multi Family

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

Tax Info

  • Tax Annual Amount: 7592
  • Tax Block: 4689
  • Tax Lot: 58

MLS Schools

  • High School: Brooklyn Theatre Arts High School
  • Middle School District: Brooklyn 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2021
Closed on
Oct 26, 2021
Sold by
Onwillard B Corbett As Trustee
Bought by
Benn Coretta V
Seller's Agent
Katimapretty Emptage
Our Community Realty Ltd
Buyer's Agent
Jaleel Mussington
Charles Rutenberg Realty Inc
List Price
$880,000
Sold Price
$920,000
Premium/Discount to List
$40,000
4.55%
Current Estimated Value
$1,040,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,923
Avg. Annual Appreciation
3.01%
Original Mortgage
$920,000
Outstanding Balance
$843,255
Interest Rate
3.01%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$197,668

Purchase Details

Closed on
Sep 3, 2019
Sold by
Lee Mae M and Venable Mae M
Bought by
Mae M Venable Revocable Living Trust and Onwillard B Corbett As Trustee
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Benn Coretta V $920,000 --
Mae M Venable Revocable Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benn Coretta V $920,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2021 10/26/21 Sold $920,000 +4.5% $225 / Sq Ft
07/29/2021 07/29/21 Pending -- -- --
06/17/2021 06/17/21 For Sale $880,000 -- $216 / 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 $8,156 $63,540 $25,560 $37,980
2024 $8,156 $52,860 $25,560 $27,300
2023 $7,964 $57,120 $25,560 $31,560
2022 $7,669 $46,500 $25,560 $20,940
2021 $7,183 $46,620 $25,560 $21,060
2020 $5,387 $41,100 $25,560 $15,540
2019 $6,420 $36,240 $25,560 $10,680
2018 $6,002 $32,678 $24,814 $7,864
2017 $5,880 $32,014 $22,654 $9,360
2016 $2,483 $31,053 $24,634 $6,419
2015 $1,383 $29,890 $22,256 $7,634
2014 $1,383 $28,200 $17,843 $10,357
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3322526

OneKey® MLS

APN: 04689-0058