NOT LISTED FOR SALE

474 Glenmore Ave Brooklyn, NY 11207

East New York Neighborhood

Estimated Value: $1,077,418 - $1,363,000

6 Beds
5 Baths
2,500 Sq Ft
$470/Sq Ft Est. Value

Last Sold May 20, 2019

Last sale price $820,000 $328 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $6,846/month

46 Days on Market

Highlights

  • Community Garden
  • 4-minute walk to Van Siclen Avenue (A,C Line)
  • 4-minute walk to Grace Playground
  • Garage

About This Home

As of May 2019

Welcome to 474 Glenmore Avenue, a massive legal two-family frame with a brick facade located in prime East New York. Currently set up as a three-bedroom top floor rental, a middle floor owners three bedroom that is also joined with a full finished basement creating a massive owners duplex. There is also a garage and a driveway with room for three cars. Sitting on a foot print of 20x60 this is a massive building. The house is in great shape and is totally turn-key. The tenants occupying the top floor are great tenants and their rent is increasing to $2,300 come August 2019. This is a great purchase, let the rental income offset the cost of your mortgage. A literal two-minute stroll to the C train and a seven-minute walk to the J & Z. Where else can you get public transportation, parking, a turn-key building and rental income for this price in Brooklyn?

Co-Listed By

Louis Belisario

Revived Residential License #10301206828

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,030

Year Built

  • Built in 2003

Lot Details

  • Lot Dimensions are 25.0 x 100.0

Parking

  • Garage

Interior Spaces

  • 2,500 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Community Details

  • East New York Subdivision
  • Community Garden

Listing and Financial Details

  • Legal Lot and Block 14 / 3724

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,030

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Cross Street: Wyona Street/Bradford Street
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: East New York
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Living Area: 2500.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 5
  • Bathrooms Integer: 5
  • Bedrooms: 6

Exterior Features

  • Exterior Features: Building Garden

Garage/Parking

  • Garage: Yes

Lot Info

  • Lot Size Dimensions: 25.0 x 100.0

Building Info

  • Total Stories: 2
  • Year Built: 2003

Tax Info

  • Tax Block: 3724
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2019
Closed on
May 20, 2019
Sold by
Charles Beverly
Bought by
Dyer Nigel and Dyer Sadie
List Price
$820,000
Sold Price
$820,000
Current Estimated Value
$1,174,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$354,355
Avg. Annual Appreciation
5.71%
Original Mortgage
$813,758
Outstanding Balance
$712,512
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$461,843

Purchase Details

Closed on
Nov 24, 2004
Sold by
474 Corp
Bought by
Charles Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,600
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 23, 2004
Sold by
Abn Development Corp
Bought by
474 Corp

Purchase Details

Closed on
Dec 12, 2003
Sold by
Obetoh Patricia
Bought by
Abn Development Corp
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
Dyer Nigel $820,000 --
Dyer Nigel $820,000 --
Charles Beverly $477,000 --
Charles Beverly $477,000 --
474 Corp -- --
474 Corp -- --
Abn Development Corp $20,000 --
Abn Development Corp $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dyer Nigel $813,758
Closed Dyer Nigel $813,758
Previous Owner Charles Beverly $95,400
Previous Owner Charles Beverly $381,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2019 05/20/19 Sold $820,000 0.0% $328 / Sq Ft
03/26/2019 03/26/19 Pending -- -- --
02/07/2019 02/07/19 For Sale $820,000 -- $328 / 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 $8,030 $57,780 $12,900 $44,880
2024 $8,030 $53,460 $12,900 $40,560
2023 $8,120 $56,700 $12,900 $43,800
2022 $7,921 $56,580 $12,900 $43,680
2021 $5,528 $51,540 $12,900 $38,640
2020 $2,520 $34,260 $12,900 $21,360
2019 $4,620 $34,260 $12,900 $21,360
2018 $6,792 $33,318 $9,376 $23,942
2017 $6,740 $33,066 $10,363 $22,703
2016 $6,236 $31,195 $11,234 $19,961
2015 $2,458 $29,430 $10,283 $19,147
2014 $2,458 $27,765 $8,252 $19,513
Source: Public Records

Agents Affiliated with this Home

  • Louis Belisario

    Seller Co-Listing Agent in 2019

    Louis Belisario

    Revived Residential

    (347) 702-3316

    1 in this area

    197 Total Sales

    Louis Belisario
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10527864

Real Estate Board of New York (REBNY)

APN: 03724-0014

New York Kings County Brooklyn 11207 East New York

474 Glenmore Ave, Brooklyn, NY

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